RMH Tax & Financial Advisors, Inc. provides comprehensive business services in Plymouth to help entrepreneurs operate functional and profitable enterprises. With help from our accounting team, you can spend less time reviewing accounting data and devote your energy to serving your clients. Even if you are interested in starting a new business, we provide support to create a company that is successful and legally viable.
For help operating your small business, contact RMH Tax & Financial Advisors, Inc. for a consultation!
Back office processes can be straight-forward for a professional accountant, but they can easily be too much for a business owner to manage themselves. RMH Tax & Financial Advisors, Inc. provides end-of-the-month account reconciliation and can download bank statements directly in your QuickBooks account. With a detailed chart of accounts, our team can help you obtain a clear understanding of expenses and categories. After a full year of comprehensive bookkeeping, our Plymouth bookkeepers provide profit and loss sheets to help accurately complete your corporate tax return.
These services are essential in saving time and energy. If you’re a business owner who typically doesn’t touch their books until the end of the year, what you uncover can make tax filing complicated. Our goal is creating efficiency and allowing you plenty of time to fill your role as a business owner.
If you are launching a start-up business, it’s important to select the most appropriate structure, aside from a sole proprietorship, which may not provide vital tax benefits. Sole proprietors must pay self-employment taxes out of pocket and cover all Social Security and Medicare taxes. Our business accountants often recommend establishing an S-Corporations to avoid self-employment taxes, which saves business owners 16%. With the other advantages offered by this business entity, we can utilize an accountable plan for further tax benefit. During your consultation, our professional takes time to discuss estate planning as it affects your business, especially if the business owner is married and splits ownership with a spouse.
Once we develop a business formation strategy, RMH Tax & Financial Advisors, Inc. registers your company with government agencies, obtains your federal and state ID, registers shares of ownership, files articles of incorporation, and writes the first annual meeting minutes. With these documents, you can successfully establish business venture and receive the full benefit and protection of an S Corporation. With a new meeting annually, we can renew all necessary documents and maintain your status as a corporation.
Our team is prepared to help you save money in business operations, efficiently file accurate tax documents, and select a structure that prevents over-taxation. Ask us what we can do for you by contacting our Plymouth business accounting firm.
At RMH Tax & Financial Advisors, Inc., we've been serving the needs of Plymouth, MN and the surrounding areas for years. If you need help managing any aspect of your home or business's finances, we want to hear from you.
Please fill out this form and let us know how we can be of service. We will happily offer you a FREE initial consultation to determine how we can best serve you.
Thank you for visiting. We look forward to working together!