Professional Tax & Accounting Solutions

We Do Your Books, So You Can Do Your Business

Experienced, Affordable, and Reliable

UltraPrecise Tax & Accounting Service provides experienced, affordable, and reliable tax and accounting services to individuals, small businesses, and nonprofit organizations.

PERSONALIZED & CUSTOMIZED SOLUTIONS

At UltraPrecise Tax & Accounting Service, we work with you to review your business and provide a customized plan that fits your budget and management style.

Dedicated Partnerships

At UltraPrecise Tax & Accounting Service, you are not just a client. We will be your partner and take care of your paperwork so that you can focus on what you do best.

ABOUT US

YOUR TRUSTED BOOKKEEPING SERVICE IN NEW YORK CITY

At UltraPrecise Tax & Accounting Service, we provide virtual tax preparation, accounting, and bookkeeping services to individuals and small businesses. We have embraced cloud-based tax preparation software and the TaxesToGo mobile app to provide our clients with every convenience and protection during the Covid 19 pandemic. And we have embraced QuickBooks Online Accountant software to save our clients valuable time and money. When you use accounting software like QuickBooks, you’ll have more time to focus on what you do best, which is running your business.

WHAT WE DO

Our SERVICES

We Provide Personalized And Customized Tax & Accounting Solutions for Individuals and Small Businesses.

Income Tax Preparation

We utilize the latest tax preparation software to provide professional and reliable tax preparation services to individuals and small businesses. And we provide professional and reliable tax planning and compliance services to help you comply with IRS and State tax laws, so you can maximize all legally applicable tax deductions without being subject to extra taxes, interest, or penalties.

Business Formation, Filing, & Compliance

We have partnered with Incfile to offer entity formation, filing, and compliance services to our clients in all 50 states…and in every U.S. county. Our Services include Name Availability Check, Articles of Incorporation / Organization, Registered Agent Service in All 50 States, EIN Obtainment, Custom Corporate Bylaws, “Fictitious Business Name”/ “Doing Business As” Form Preparation and Filing, Sales and Payroll Tax Registrations, and more…

Virtual Bookkeeping

Accurate bookkeeping is essential to your company’s long-term viability. Experienced, affordable, and reliable, we serve a variety of industries and clients from self-employed home-based business owners to small and medium-sized businesses with employees. When you outsource your bookkeeping services to us you get one on one personalized service and state-of-the-art technology.

Setup for QuickBooks

Although QuickBooks is designed for the layperson to understand, the initial setup and installation must be done correctly in order for future information to be accurate.

All information necessary to set up manual accounting records is also necessary to set up and install QuickBooks Online. This task is even more complicated if you switch from manual accounting operations to QuickBooks in the middle of the year.

Which accounting method will you use? What chart of accounts do you need for your business? How do you handle beginning balances?

Tax Planning

Tax planning is the process of analyzing a person’s financial situation and applying strategies to pay the lowest amount of taxes based on their facts and circumstances. Tax planning considers many factors, including tax credits, tax deductions, investments, and expenditures. At its core, tax planning is about understanding how business and life decisions affect the largest expense most people have — taxes.

At UltraPrecise Tax & Accounting Service, we use specialized Tax Planning software to calculate taxes owed, recommend strategies to lower taxes, and help clients make the smartest tax decisions when they need it most — before the decisions are made, and long before the year is over. Most clients realize tax savings in minutes.

Sales & Use Tax Filing

If you are registered for sales and use tax purposes, you must file sales and use tax returns monthly, quarterly, or annually, depending on your situation.

Certain sales tax vendors are subject to e-file mandates and must Web file their sales tax returns if they meet certain criteria.

At UltraPrecise Tax & Accounting Service, we are an Authorized IRS e-file Provider, so we are authorized to Web file your Sales and Use Tax Returns.

LATEST NEWS

FROM OUR BLOG

A Tax Nightmare on Your Horizon

A Tax Nightmare on Your Horizon

A Tax Nightmare on Your Horizon MUST READ if using digital payment tools or reselling tickets A recent tax law change by this edition of Congress now requires transaction reporting to the IRS for anyone receiving more than $600 in payments through digital payment tools like PayPal, Venmo, and...

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Common tax return mistakes that can cost taxpayers

Common tax return mistakes that can cost taxpayers

IRS Tax Tips: Issue Number: COVID Tax Tip 2022-11 Common tax return mistakes that can cost taxpayers Tax laws are complicated but the most common tax return errors are surprising simple. Many mistakes can be avoided by filing electronically. Tax software does the math, flags common errors and...

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Practitioner coalition urges IRS to step up for tax season

Practitioner coalition urges IRS to step up for tax season

By  Roger Russell January 19, 2022 A coalition of 11 stakeholder groups from the tax practitioner community are urging the IRS to take action to reduce unnecessary burdens for taxpayers and practitioners during the upcoming filing season. IRS staff are currently processing a meeting request so...

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