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.
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.
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
We Provide Personalized And Customized Tax & Accounting Solutions for Individuals and Small Businesses.
Income Tax Preparation, Planning, and Compliance
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 CorpNet 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 Accounting & 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?
PAYROLL for Quickbooks
Small business owners spend an average of eight hours a month performing payroll functions. That’s 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.
We offer customized payroll solutions that are designed with your business in mind-including W2 Processing, Payroll Taxes, Direct Deposits, and Worker’s Compensation–payroll solutions that meet your business’s needs and enable you to spend time doing what you do best–running your business.
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.
FROM OUR BLOG
Monday, April 18, 2022, was the tax deadline for most taxpayers to file their tax returns, but if you haven't filed a 2021 tax return yet, it's not too late. Here's what you need to do: First, gather any information related to income and deductions for the tax years for which a return must be...
Filing your tax return promises to be just as complicated as always - especially if you received stimulus payments or advance child tax credit payments. However, there are steps that taxpayers can take right now to make sure their tax filing experience goes smoothly in 2022. Let's take a look at...
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...
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...
2022 tax filing season begins Jan. 24; IRS outlines refund timing and what to expect in advance of April 18 tax deadline
WASHINGTON − The Internal Revenue Service announced that the nation's tax season will start on Monday, Jan. 24, 2022, when the tax agency will begin accepting and processing 2021 tax year returns. The January 24 start date for individual tax return filers allows the IRS time to perform programming...
Article Highlights American Rescue Plan Advance Payments Payment Reconciliation IRS Letter 6419 Refund May Not Be as Expected Unusual CTC Circumstances Economic Impact Payment Letter 6475 Early in 2021, Congress passed the American Rescue Plan which included a provision that increased the child...