Best CPA Austin Alternative.Questions owners ask.
Plain answers about the month, payroll setup, and the return.
Ask your question.
Plain answers about the month, payroll setup, and the return.
Ask your question.
Is it too late to start partway through the year? No. We start at the latest month that matches your bank statement and work forward. Earlier months that need rebuilding are a separate conversation, after one current month has shown us the shape of the books.
What does closed mean? It means the books match the bank statement, transfers aren't counted as income, personal charges aren't counted as vendor bills, and temporary holding accounts are empty. Turning the calendar page doesn't count.
How fast does a month close? As fast as the records arrive. A month with a clean bank feed and someone who answers questions closes faster than one whose receipts live in a glove box. We give you a date once we've seen your books.
Do you run payroll? We set it up. The provider account is opened in your name, each person is set up with the right pay, and the provider's feed is connected to your books. You run each payday from your own login.
Can the return start before the books close? We can talk about it early, but filing should wait until the months are closed. A return built on a year the bank has never matched is a story you may have to explain later.
What about quarterly estimates? Closed months are the evidence. While the year is still open, they show whether a payment now would make April easier. If the year is already over, the conversation is the return.
Longhorns basketball moved from the Erwin Center to Moody Center in 2022. Buildings change. The books still have to match the bank, and an open month stays open until it does.
Are you the best in Austin? We are a Tax CFO practice, and best is the word people search. The work is payroll setup, your monthly books, and the return. If you need a signed audit, the Texas State Board of Public Accountancy lookup is the right next step.
What does it cost? The first call is free. After we've seen a real month of your books, the price goes in a written scope before any work starts.
Is a video call enough? For this work, yes. Shared books and a calendar link cover it. If your banker wants everyone at one table, Steven can come to that meeting.
What if a letter asks for a signature on my statements? Read what it asks for. If it wants an audit opinion, that comes from a licensed firm. Disclosures has the long version, and the first call gives you the short one before any scope is written.
Does a shop in Austin really have three sales tax pieces? Yes. The state is 6.25 percent. Inside the regular city limits, the city adds 1 percent under local code 2227016, and Capital Metro adds 1 percent under local code 3227999. The register usually shows 8.25 percent. Some parts of the county reach the same total for different reasons, which is why your address matters.
What about the May franchise report? Below 2.65 million dollars in revenue, a 2026 or 2027 report shows no tax due. Retail and wholesale pay 0.375 percent, and most others pay 0.75 percent. Under that line there is no tax and, since 2024, no No Tax Due Report, but the Public Information Report is still due May 15. A franchise tax report filed late carries a 50 dollar penalty. It's a separate filing from the federal return.
What about property rendition? The Travis Central Appraisal District appraises business property in the county, and the rendition is generally due April 15. It's separate from the federal return and the May report. Hotel tax is its own return under chapter 351. Texas has no personal income tax, but the other filings are still on the calendar.
What happens on the first call? We find the latest month that matches your bank statement, check whether payroll is set up with a provider, and see which Texas filings are open. You'll leave knowing what's current, what isn't, and what would come next.
Is a video call a lesser version of a visit? For this work, it is the visit. Shared books and a calendar link cover it. If the honest answer is that you don't need the work yet, we tell you on the call, and it costs nothing.
One question is enough. You can add your latest closed month in the same note.
You will be talking to the Steven Palmieri practice.