SD Associates, P.C. CPAs
Experience The SD Difference
Tax rules and regulations are constantly changing, and it can be difficult to keep up with the latest developments. At SD Associates, P.C., we have a team of tax professionals who utilize sophisticated strategies to help your business navigate the complex world of taxation and finance. Our full-service accounting firm has been providing quality tax services in Bucks County, Montgomery County, and Philadelphia for over 35 years. Contact us today to schedule an appointment with one of our tax experts, and see how we can help you maximize your financial success.
When it comes to taxes, there are a lot of things to consider. Do you have the right deductions in place? Are you taking advantage of all the credits and incentives available to you? What’s the best way to structure your business in order to minimize your tax liability? These are all important questions, and at SD Associates, P.C., we can help you find the answers. Our team of tax professionals has years of experience helping businesses and individuals with their taxes, and we’re confident that we can do the same for you.
We offer a full range of tax services for businesses, independent contractors, and non-profit organizations alike.
Tax returns are an integral part of any business, and at SD Associates, P.C., we can help you ensure that yours are filed correctly and on time. We understand the complexities of business taxation, and we’ll work with you to make sure that all of your deductions are in order and that you’re taking advantage of all possible credits and incentives. We have served clients in a wide range of diverse fields, and we know exactly how tax implications affect different industries.
We’ll also help you plan for the future, so that you can make the most of your financial opportunities and minimize your tax liability down the road.
Your personal tax return is important, and we can help you make sure that it’s filed correctly and on time. You’ll also want to ensure that you’re taking advantage of every possible opportunity to get a larger tax return, such as claiming a child or education credit.
At SD Associates, P.C., we want to take the stress out of your tax season. Our team of tax experts will work with you to ensure that all of your deductions, credits, and incentives are taken into account.
If you are a member of a business partnership, you are required by law to submit a partnership return. Partners have to report and tax the correct amount of taxes on their income from the partnership. This process can be complex, so it’s important to have a professional tax preparer on your side. At SD Associates, P.C., we have experience preparing partnership returns, and we can help you make sure that yours is filed correctly and on time.
Not only will an accurate and prompt partnership return save you money and hassle, but it will also help to solidify your partnership’s good standing with the IRS.
When a loved one passes away, the last thing you want to deal with is the hassle of filing their estate return. At SD Associates, P.C., we can help take care of this for you. We’ll work with you to gather all of the necessary documentation and information, and we’ll make sure that the return is filed correctly and on time.
This is an important process, and we understand the sensitivity of the situation. Our team will treat you with compassion and respect, and we’ll do everything we can to make the process as smooth and stress-free as possible.
Tax Dispute Resolutions
If you find yourself in a tax dispute, it’s important to have a professional on your side who can help you navigate the complex world of tax law. At SD Associates, P.C., we have experience resolving tax disputes, and we can help you reach a favorable resolution.
We understand that tax disputes can be stressful, so we’ll handle the process for you and keep you updated every step of the way. We’ll work with the IRS on your behalf, and we’ll do everything we can to resolve the issue as quickly and efficiently as possible.
Don’t go through a tax dispute alone – let SD Associates, P.C. help you today.
Employee Retention Credit Studies
The Employee Retention Credit (ERC) is a refundable tax credit for eligible employers that helps to offset the cost of retaining employees during the COVID-19 pandemic.
If your business has been affected by the pandemic, you may be eligible for this credit. At SD Associates, P.C., we can help you determine if you’re eligible and, if so, we can help you claim the credit.
The ERC is a complex credit, and there are many rules and regulations that apply. Our team of tax professionals can easily complete the process and make sure that you take advantage of any potential opportunities.
S Corps, C Corps, & Partnerships
No matter which type of business entity you have, we can help you with your tax needs. S Corporations, C Corporations, and partnerships all have different tax implications, and it’s important to understand how these will affect your business.
We have experience working with all types of businesses in various fields, and we can help you ensure that your taxes are filed correctly and on time. We’ll work with you to understand your specific needs and tailor our services to meet them.
Fiduciary Returns & Trusts
A fiduciary return is required for any business or individual that acts on behalf of another person or entity. This includes trusts, estates, and guardianships.
If you are responsible for filing a fiduciary return, it’s important to have a professional tax preparer on your side. We understand the complexities of fiduciary returns, and we can help you ensure that yours is filed correctly.
We’ll work with you to understand your specific needs and make sure that all of the required paperwork is in order. We’ll also answer any questions you may have about the process, so you can rest assured that your return is in good hands.
Gift Tax Returns
A gift tax return is required when you give a gift of money or property to another person. The value of the gift may be subject to gift tax, and it’s important to understand how this will affect your taxes.
We can help you determine if a gift tax return is required and, if so, we can help you file it. We’ll work with you to understand the value of the gift and ensure that your return is submitted on time.
What does an accountant do?
An accountant is a professional who provides financial services, including tax preparation, bookkeeping, and auditing. Accountants can also provide advice on financial planning and investment decisions. Many businesses hire accountants to manage their finances, and individuals often use accountant services to prepare their taxes.
What is a tax deduction?
A tax deduction is an expense that can be deducted from your taxable income. This reduces the amount of taxes you owe. Common deductions include business expenses, charitable donations, and mortgage interest. You can claim deductions on your tax return if you have documentation to support the expenses.
What is a tax credit?
A tax credit is a credit that can be applied to your tax liability. Tax credits can reduce the amount of taxes you owe, or even result in a refund. Common tax credits include the earned income tax credit, the child and dependent care credit, and the education tax credit.
What is a tax exemption?
A tax exemption is an amount of money that you are allowed to earn without paying taxes on it. Tax exemptions are typically given for certain types of income, such as Social Security benefits or veterans’ benefits. You can also get a tax exemption for dependents, such as children or elderly parents.
What should I do if I think I owe taxes but I cannot pay?
If you think you owe taxes but you are unable to pay the full amount, you should contact the IRS or state tax agency to make payment arrangements. You may be able to set up a payment plan or request an extension of time to pay. It is important to contact the tax agency as soon as possible to avoid interest and penalties.
Unparalleled service: There’s a reason SD Associates, P.C. is the best kept secret in the tri-state area. Our full-service accounting firm is large enough to offer the services your business requires to succeed, but small enough to still provide personalized tax services in Bucks County, Montgomery County, and Philadelphia. Our team of six shareholders and associates offer unparalleled service for your business.
High professional standards: We adhere to all of the American Institute of Certified Public Accountants (AICPA) auditing standards, guidelines, rules and regulations. Our quality control system has been reviewed by the Pennsylvania Institute of Certified Public Accountants and has received the highest possible rankings.
Wide client base: Whether you need small business accounting services in Philadelphia or the surrounding areas, you can rely on us. Our client base has included representatives from various industries, including non-profit organizations, restaurants, manufacturers, independent contractors, and more.
Accessibility: We strive to make ourselves accessible to our clients when they need us most. Our team promptly responds to all emails, and we are always available for a phone call if you need advice or have a question. You’ll never have to wonder if your records are up to date or if your tax return has been submitted. We always stay in touch with you to ensure that everyone is on the same page.
SD Associates, P.C. is proud to provide the best tax services in the Tri-State area for businesses and individuals. Our service areas include, but are not limited to:
No matter what your tax needs are, SD Associates, P.C. can help. We offer a wide range of tax services, and we’ll work with you to find the best solution for your specific situation. Our team of seasoned finance experts is ready to provide their exceptional services for your business or personal tax needs. Contact us today to learn more about our tax services in Bucks County, Montgomery County, and Philadelphia or to schedule your consultation.
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