Khalsa McBrearty Accountancy, LLP provides a wide range of services to individuals and businesses in a variety of industries. At Khalsa McBrearty Accountancy, LLP, 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.
Khalsa McBrearty Accountancy, LLP takes a proactive approach to your tax and financial health, integrating your present needs with your long-term goals to create a personalized strategy for your tax and financial well-being; our staff is dedicated to helping you build a sound financial picture.
Khalsa McBrearty Accountancy, LLP takes a proactive approach to your tax and financial health, integrating your present needs with your long-term goals to create a personalized strategy for your tax and financial well-being; our staff is dedicated to helping you build a sound financial picture.
Services
Khalsa McBrearty Accountancy, LLP is dedicated to providing high quality, cost-effective accounting and tax and services. We are a relationship-orientated firm and the services we provide are customized for each client; we have a wealth of experience and knowledge to help you achieve your long-term personal and business goals.
Khalsa McBrearty Accountancy, LLP provides a wide range of services to individuals and businesses in a variety of industries. At Khalsa McBrearty Accountancy, LLP, 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.
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.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
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.
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