Desert Accounting Service is a full-service tax preparation and bookkeeping firm, serving individuals and large and small business clients in the High Desert, Inland Empire, and throughout the United States. We are dedicated to providing our clients with the highest quality personalized services and guidance in a wide range of business needs.
As you browse through our Website, you will see that not only have we highlighted background information on our firm and the professional services we provide such as Tax Preparation, Accounting, Bookkeeping, and Payroll Services, as well as QuickBooks set-up and training, but have also included useful resources such as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section).
As you browse through our Website, you will see that not only have we highlighted background information on our firm and the professional services we provide such as Tax Preparation, Accounting, Bookkeeping, and Payroll Services, as well as QuickBooks set-up and training, but have also included useful resources such as informative articles (in our Newsletter section) and interactive financial calculators (in our Financial Tools section).
Services
For over 15 years, Desert Accounting Service has been providing quality, personalized financial guidance to local individuals and businesses. Desert Accounting Service's expertise ranges from basic tax preparation and accounting services to more in-depth services such as tax audits, tax projections/planning, financial statements, offer in compromises, cash management, and budgeting.
Desert Accounting Service provides a wide range of services to individuals and businesses in a variety of industries. At Desert Accounting Service, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
It's possible there could be additional extensions, so check with your tax advisor for the latest information. Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
But what should be done with those documents after your check or refund request is in the mail? Federal law requires you to maintain copies of your tax returns and supporting documents for three years. This is called the "three-year law" and leads many people to believe they're safe provided they retain their documents for this period of time.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
