Tax And Accounting

Accounting Services for Small Business and Individuals

Home > Services > Tax And Accounting

Small Business

The unpredictable nature of operating a small business demands that company leadership, and often staff, be enabled to work from anywhere, at any time. Lawhorn CPA Group, LLC utilizes the best in modern accounting technology to help empower you throughout those “round the clock” work days. We offer cloud-based services such as bookkeeping, accounts payable and receivable, tax preparation, even consulting, and more. These services, combined with weekly and monthly reporting, offer truly effective and versatile solutions.

"Small Business Accounting"Customized, Full-Service Solutions

When we join your small business team as your tax and accounting experts, we provide your business with solutions customized for your needs. If you have already been taking advantage of our comprehensive Virtual Financial Office services, we can easily pull your financial data directly from the VFO as tax time arrives to file accurately and efficiently. Utilizing our VFO services and engaging in early financial and tax planning perfectly compliments our commitment to provide timely service of the highest quality. We offer Financial Compilation services as well, and upon completion of filing your taxes we provide you with journal entries for your records.

Planning for the Future

Not only do we at Lawhorn provide Tax and Financial Planning as a year-round service, we want to help you think long-term as well. Planning for the future of your business is crucial, as is planning for the future of your own role in your company. We will work with you beyond finances in developing a strategy for your business and offer consulting as a service. Maintaining and growing your brand should be your primary concern, and as we alleviate the distraction that accounting and finances can create for you as a leader, we will help hone in on what you do best…running your business.

As you lead your company through the day-to-day, it has probably crossed your mind that at some point in the future your role may need to change. An exit strategy can not only give you peace of mind and a goal to work toward, but it can be instrumental in assuring your legacy will continue after you step away to enjoy retirement or other ventures. Lawhorn can work with you to create that exit plan and even help set it in motion.


Individual

At Lawhorn CPA Group, we take pride in our commitment to providing you with a personalized solution tailored just for your needs. We begin by simply  focusing on communicating with you and listening to better understand your unique situation. We then develop personalized tax planning and strategy options to help you achieve your financial and tax goals.

An individual who pays taxes via a W-2 form represents a relatively straightforward IRS filing process.  But, what about those who have multiple investments, operate sole proprietorships, are self-insured, incur unreimbursed job expenses, etc.?

Each of our Individual Service Packages is designed to fulfill not only our client’s tax filing requirements, but also to encourage our clients to utilize their unique abilities to reach their own personal goals.

  • Our ESSENTIAL package is for taxpayers who need to file a simple tax return based on W-2 and/or 1099R income.
  • The ADVANTAGE package is perfect for those whose needs have moved beyond the essentials. They have some basic tax questions and need guidance for itemized deductions and/or stock transactions.
  • Our STRATEGIC package is designed for clients that need solid tax strategies and planning customized by professionals on an on-going basis. The Strategic Package includes a results-focused appointment as well as tax planner and IRS Power-of-Attorney services.
  • The INSIGHT package is an excellent option for business owners in need of comprehensive reporting to third parties as well as monitoring of personal assets. A cyber-folio, personal financial statements, and IRS issues representation are included.
  • Our HORIZON package is ideal for individuals with a need for a holistic tax and wealth planning program. This includes high income and complex tax concerns that can best be resolved by coordinating legal, financial, and accounting professionals who create and implement an estate plan and entity structuring.

Tax Planning

Saving on your taxes starts with planning, and the sooner you start planning, the better off you will be when April 15th arrives. Tax planning should not be just a once-a-year event. Effective tax planning is a year-round, coordinated process that will help save you money immediately to help fund your future. We offer customized tax planning tailored to align your tax strategies with your current situation so you can reach your financial goals. As your tax planners, our goal is to minimize your taxes and maximize your savings opportunities.

Retirement and Financial Planning Services

It is never too early to start planning for retirement. If you want to live the same lifestyle–or an even better one–than you do now, you need to start planning for retirement. We will analyze your projected income and expenses to help you come up with a strategy for ensuring the security of your financial future. We work with local professionals who will guide you with investment funding and retirement planning techniques that can give you the security of knowing your golden years will live up to your expectations in 10, 20, or even 50 years from now.

Estate Planning

A well-designed estate plan will minimize taxes while maximizing what is left for those who carry on your legacy. Estate planning doesn’t just involve deciding who inherits your china and silver, but also how you can best protect the wealth you’ve accumulated for your heirs.

There are various options to consider, such as trusts or a Family Limited Partnership, as well as the complex estate tax laws that go along with them. Our estate planning professionals and partners will be your guides, giving you the confidence that your loved ones’ financial future is secure and that potential federal and state estate tax liabilities are minimized.

If you want to learn more about how Lawhorn CPA Group can help save you money on your taxes and plan for your future, give us a call at 865.212.4867 or click HERE to contact us via email. We’re glad to assist and look forward to partnering with you!