SERVICES

Bookkeeping

Some businesses bring in accountants after the fact just to check everyone’s math and then give bookkeeping little thought until the next fiscal year. This outdated view of bookkeeping misses the valuable role that accounting firms and CPAs can play in the modern business world. The most successful modern businesses leverage high quality accounting advice to make the best decisions in the short term and enable long-term success. An insightful CPA like Shaan Afridi can help your business make the kind of decisions today that enable the highest levels of success and the lowest possible tax burdens.
Why Should You Hire an Accounting Firm to Handle Your Bookkeeping?
Quality, expert bookkeeping is critical to sustained success, but the time you spend on bookkeeping is time you’re not spending on the core profit centers of your business. Not only will you rest easier and get better results with a dedicated professional handling your bookkeeping, but you’ll free up your time and attention to devote to your most important goals.
Many smaller businesses make the mistake of thinking that professional bookkeeping help is only for their larger competitors. But why would you ignore tools that your competition is using right now to get ahead? More efficient bookkeeping translates directly to a more stable bottom line.

Whether you need the best accountant in Orange County, or anywhere else in the world, the decision to free yourself of the burdens of internal bookkeeping will save you both time and money. Don’t waste another year on inefficient, costly bookkeeping. Let us handle your books so you can focus on what really matters to your business. Contact Shaan Afridi today.

Tax Preparation & Review

Tax preparation goes far beyond merely filling out some forms. It requires evaluating all of the possible tax options and strategies that are available to your business so you can decide which options will have the most favorable impact on your overall tax burden. Although taxes seem quite steep, you should know that there are many deductions, credits, and options within the tax code that business owners can use to their benefit. Shaan Afridi can help you understand which approach is best for your business.
Quality tax preparation is, first and foremost, about minimizing your tax burden. The goal is to understand the law, the needs of your business, and your personal requirements to create the most effective tax filings on your behalf. However, that’s not the only area of focus. It’s equally critical to make sure that your filings are accurate and that they conform to the requirements of the tax code to avoid the countless legal traps into which business owners fall when trying to navigate the intricate Orange County, California, and national tax systems.
You work hard for your money and you’re entitled to keep as much of it as the law allows. The only way to do that while avoiding legal pitfalls is to have your taxes prepared or reviewed by the right professional. Be confident that you aren’t paying the government a single penny more than you’re required to pay by law. Call Shaan Afridi today to keep more of your money tomorrow.

Tax Planning

The most important thing to remember about tax preparation is that the IRS Manual, in section 25, clearly states: “Avoidance of tax is not a criminal offense. Taxpayers have the right to reduce, avoid, or minimize their taxes by legitimate means.”

Choosing the right tax professional can solve a lot of your tax-related problems before they begin. You never want to miss legitimate deductions or opportunities to reduce your tax burden. No one wants to pay the government more than they legally have to. But, trusting inexperienced or unprofessional accountants can leave you with fines, penalties, and even audits that can lead to years of headaches.
Don’t risk the hassle of an inexperienced accountant. Trust Shaan Afridi to guide you through the tax process while helping you minimize your tax burden to the fullest extent of the law. Both Orange County and California have tax requirements nearly as complicated as the federal government. Your business deserves the best possible help when navigating these complex tax interactions.
Quality Tax Planning is not a last-minute rush to respond to a deadline. Rather, it’s a continuous process that constantly evaluates your circumstances and adjusts the path forward to maximize profit and legally reduce taxes.
Many businesses make the mistake of calling an accountant only when it’s tax season. Though certainly, having a professional handle your company’s taxes is the right idea, failing to secure professional accounting advice as part of your day to day decision-making process will cause you to miss countless options to minimizing your tax burden at the end of the year. The most effective tax management plan is exactly that, a plan. It requires thinking and acting ahead of time to ensure the best results whether paying quarterly or annual taxes.
Shaan Afridi is committed to the complete satisfaction of his clients. He’ll work with you to understand your specific needs to help you develop optimal tax strategies that align with your current and long-term financial goals. The sooner you call, the more options you have. Call today.

Tax Relief & Resolution

If you’re having a problem with the IRS, you need to consult with a tax professional before speaking about, agreeing to, or negotiating any settlement. It’s not the government’s job or inclination to explain your options in a way that considers your specific needs or those of your business. The IRS is concerned with collecting your money with as little effort or trouble as possible. Don’t risk being bound by an agreement that increases your tax burden more than is absolutely necessary. Leverage an accounting professional to protect yourself and your assets.
Shaan Afridi will stand in your corner and fight for you. He’ll make sure that you don’t have to be alone with dealing with one of the most powerful federal agencies in America. Don’t be fooled by polite language and seemingly benign letters. Even the most routine interaction with the IRS carries serious financial and legal risks that will not be explained to you unless you have your own advocate.
You may know your problem by a host of different names. Tax resolution can include IRS representation, tax relief, tax problem recovery, or tax controversy. Whatever language your exact problem uses, you don’t have to figure out the solution on your own. Contact Shaan Afridi today and get past your IRS problems.

Business Entity Selection & Filing

One of the most important and impactful decisions you’ll have to make as a business owner is choosing the right kind of entity for tax and liability purposes. This choice will have several critical legal and tax implications, so it’s vital to make the optimal choice when starting out. Shaan Afridi will help you weigh your options between Corporations, Partnerships, Sole Proprietorships, and S-Corporations so that your business structure makes sense for your personal needs. Starting out with a business structure that doesn’t make sense for your goals can leave you with years of headaches, and most importantly, larger than necessary tax bills. Avoid the pitfalls of uninformed decisions and consult with a tax and business professional to make sure you and your business are set up for long-term success.
Some Things to Keep In Mind When Picking a Business Structure
The structure you select when forming a business will determine the nature of your tax bills and burdens for years to come. It will also impact your personal liability and many other aspects of your business. Since the exact implications of this decision vary by state and locality, getting expert help is the best way to avoid costly missteps. If you want to ensure that your business in Orange County is set up to help you maintain the minimum legal tax burden, call Shaan Afridi today. Don’t take risks with your future.