Want To Know About Us
PAYLESS TAXES LLC
We are the outsourced CFO and controller for bonded subcontractors and general contractors, with tax preparation and planning built in. We run your monthly close, job costing, and WIP schedule, deliver surety-ready financial statements, and turn those numbers into decisions on bonding capacity, cash flow, and job profitability. You get a CFO who understands construction, at a predictable monthly fee.
Our Services
What We Do
TYPICAL TAX PREPARERS AND ACCOUNTANTS HELP YOU RECORD YOUR FINANCIAL PAST.
TAX ADVISORY
No one likes paying taxes, especially those that are above the bare legal minimum required. However, many business owners don’t understand all the legal options that are available to them to reduce their tax burden (the largest expense most business owners pay!). Our team uses over 200 tax strategies to find all the above-board, legal loopholes that apply to your situation and provide you with detailed instructions, step-by-step guides, video education, and personalized phone calls and Q&A sessions to help you take advantage of everything you are allowed to take. We can also work with your current advisor to help you implement these powerful strategies. You do not have to switch if you love your current tax preparer!
TAX PREPARATION
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Taxes. Just the word can make people cringe. The Payless Taxes team of professionals are focused on reducing your headaches around filing taxes, helping you look for possible strategies to reduce the taxes, and ensuring that you meet all the required IRS deadlines, regulations, and ever changing updating tax law changes. Our team makes sure that filing those pesky returns is as easy as possible (it is the “IRS” after all) and provides you peace of mind that your taxes are “just taken care of.” Like a full-service concierge, our team anticipates your needs. By the time you think you need to file an extension, we’ve probably already filed it for you. We make sure everything you need to substantiate deductions is available in case of an audit.
SURETY-READY CFO SERVICES
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Bonding strength and profitable growth start with financials your surety trusts. We serve as your fractional CFO and controller, and keep your financial statements ready for CPA review and compilation. With job costing, WIP tracking, and monthly reconciliations, you know the profit margin on every job and how each job is performing, and you get a balance sheet underwriters trust so you can grow your bond capacity. We know what sureties look for, from working capital to over and under billings and aging. Our team works with your CPA, bond agent, and bank so your year-end reports arrive on time with no surprises. Whether you are a sub seeking your first bond or a general contractor growing your program, we help you qualify for bigger jobs.
Tax Planning
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Coaching and PROACTIVE strategies to build your future
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Confidence knowing you are paying the least amount of tax possible
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A customized strategy created just for you
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Personalized solutions for your own situation that reduce tax
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Ongoing Support
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A team of advisers to give direction and accountability through goal setting
CFO Services
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Fractional CFO and controller services for contractors
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Monthly close and financial statements ready for CPA review and compilation
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Job costing that shows your profit margin on every job
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Job performance tracking so you know which jobs make money
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Financials that meet surety and bonding expectations
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Ongoing support from a team that knows construction
RETURNS WE PREPARE
FORM 1120S
S-Corporation Return
FORM 1065
Partnership Return
FORM 1040
Personal Tax Return
Every Package Includes
DEDICATED TAX TEAM
Every return is managed by our tax team. Ask questions anytime and get clear advice and recommendations.
FIND DEDUCTIONS
Before your return is started, our team reviews your financial statements for missed expenses.
TAX STRATEGIES
As a business owner, you have several tax strategies available to you. We make sure you take advantage of every one.
EXPERT REVIEWED
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Every return gets a second review before filing, so no deduction or opportunity is missed.
E-FILE & DIRECT DEPOSIT
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We e-file all returns for you and make sure your refund is direct deposited to your bank
FAST TURNAROUND
Your return can be prepared in 72 hours depending on complexity and time the return is purchased
INCLUDES K-1'S
Tax service includes every form needed. You will receive K-1's, state tax return and any other form IRS requires
TAX RETURN STORAGE
Once we finish your return, we will store it electronically on our secure servers for up to 5 years.
PREMIUM SUPPORT
Our support agencies are available to you 5 days a week from 9 am -5 pm