Services - US
The Financial Crest Edge – USA
Financial Crest stands out in the USA with its unmatched expertise in tax preparation, planning, and compliance. Our team provides seamless support for bookkeeping, sales tax, AP/AR management, and financial reporting, enabling businesses to operate efficiently and stay compliant. We specialize in helping foreign entities set up in the US market, offering end-to-end guidance that simplifies the process. With a focus on personalized service, timely financial analysis, and a deep understanding of cross-border taxation, we are dedicated to supporting your business’s success in the US.
With offices in India and UAE, we offer comprehensive assistance, ensuring compliance across key markets for businesses operating internationally.
Unmatched Tax Expertise
Our deep knowledge of US tax laws ensures compliance and optimized tax outcomes, whether you’re preparing returns or planning strategically for the future.
Comprehensive Bookkeeping and Financial Reporting
Our bookkeeping and financial statement preparation services keep your financials organized and transparent, giving you a clear picture of your business performance.
Expert Sales Tax Compliance
We navigate the complexities of US sales tax regulations, ensuring accurate filings and minimizing risk for your business.
Streamlined AP/AR and Cash Flow Management
Our accounts payable/receivable services and cash flow management ensure smooth financial operations and improved liquidity.
Dedicated Support for Foreign Entities
We specialize in assisting foreign entities in setting up operations in the USA, providing expert guidance to ensure compliance and market readiness.
Tailored Budgeting Solutions
Our customized budgeting and cash flow management services help businesses make informed financial decisions and plan for growth.
Responsive and Client-Focused Approach
Our dedicated team is always available to support you, providing timely advice and solutions tailored to your unique business needs.
High-Quality Financial Analysis
We deliver insightful financial analysis and feedback, helping you identify opportunities for improvement and strategic growth.
Extensive Experience in Cross-Border Taxation
Our cross-border tax expertise ensures that businesses operating internationally benefit from optimal tax strategies and compliance support.
SERVICES THAT WE OFFER
Tax Preparation and Review
Our tax preparation and review services ensure that your filings comply with IRS regulations, maximizing your deductions while minimizing liabilities.
Tax Planning
We offer strategic tax planning services that help you navigate complex tax codes, identify opportunities for savings, and prepare for future tax obligations.
Double Taxation Relief and Advisory
We help individuals and businesses navigate double taxation complexities by leveraging tax treaties to avoid being taxed twice on the same income. Our advisory service ensures compliance and maximizes available credits and deductions.
FBAR Advisory (Foreign Bank Account Reporting)
Our FBAR Advisory service assists clients in meeting U.S. reporting requirements for foreign bank accounts, ensuring accurate filings to avoid penalties and maintain compliance with IRS regulations.
W-8BEN Form Assistance
We assist non-U.S. individuals and entities in completing the W-8BEN form correctly to benefit from reduced withholding tax rates under applicable treaties, simplifying the process and ensuring compliance.
FATCA Compliance
Our FATCA Compliance service guides you through the reporting of foreign financial assets, ensuring full adherence to IRS regulations and minimizing risks associated with non-compliance.
Entity Incorporation
We provide comprehensive support for forming LLCs, corporations, and other entities in the U.S., handling all legal formalities to make your incorporation process smooth and compliant. We offer guidance for foreign entities looking to establish a business presence in the USA, helping you navigate regulatory requirements and local market conditions.
Research
Our in-depth research services support your tax-related decision-making by providing valuable insights and analyses of current tax laws and regulations.
Bookkeeping
We provide accurate and timely bookkeeping services tailored to your business needs, helping you maintain organized financial records.
Write-ups
Our write-up services deliver detailed monthly and quarterly financial statements, ensuring you have a clear view of your financial health at all times.
Financial Statement Preparation
We prepare comprehensive financial statements in compliance with US accounting standards, providing transparency and clarity for stakeholders.
Sales Tax
Our team assists with sales tax compliance, ensuring timely filing and accurate reporting to minimize the risk of penalties.
AP/AR Accounting Services
We manage accounts payable and receivable, streamlining your cash flow and ensuring timely payments and collections.
Budgeting & Cash Flow Management
Our budgeting and cash flow management services provide insights into your financial situation, enabling better financial decision-making and planning.
FAQs
Small businesses can claim deductions for a variety of expenses, such as costs for office supplies, equipment purchases, business travel, and employee salaries. Additionally, deductions for home office expenses and certain utility costs are available. Our team helps you identify and maximize all applicable deductions to reduce your taxable income effectively.
Proactive tax planning allows you to anticipate tax liabilities and implement strategies that minimize your tax burden. This includes making informed decisions about expenses, investments, and timing of income recognition. By collaborating with our experts, you can develop a customized tax strategy that aligns with your financial goals and helps you leverage available credits and deductions.
Federal taxes are imposed by the national government and apply to income earned across the country, while state taxes are levied by individual states and can vary significantly in rates and regulations. It’s essential to understand both obligations, as each state has its own rules regarding deductions, credits, and filing requirements. Our team can assist you in navigating these complexities to ensure full compliance.
Our bookkeeping services ensure meticulous record-keeping, which is essential for accurate financial reporting and tax compliance. By handling your day-to-day financial transactions, we provide timely insights into your financial health, helping you make informed decisions. This allows you to focus on growing your business while we manage the financial details.
If you receive an IRS audit notice, it’s important to remain calm and gather all relevant documentation related to your tax return. This may include receipts, financial statements, and any correspondence with the IRS. Our team can guide you through the audit process, representing your interests and helping to ensure that all information is accurately presented to the IRS.
Maximizing your tax refund involves careful preparation of your tax return, ensuring that all eligible deductions, credits, and expenses are claimed. Keeping thorough records throughout the year can significantly impact your refund. Our experts can assist you in reviewing your financials to ensure you capture all potential benefits, helping you receive the maximum refund possible.
Business structures such as LLCs and S Corporations often provide tax advantages, including pass-through taxation, which avoids double taxation on income. The choice of structure can significantly impact your tax liabilities and personal exposure. We can help you assess your business needs and determine the most advantageous structure for your situation.
Late filings can incur penalties starting at 5% of unpaid taxes per month, up to a maximum of 25%. Additionally, interest accrues on any unpaid taxes, which can add to your overall liability. Timely filing is critical to avoid these costs, and we provide reminders and assistance to ensure you meet your deadlines.
Staying informed about tax law changes is essential for your business’s financial health. Regular consultations with our team can help you adapt your tax strategy in response to new regulations, ensuring compliance and minimizing any potential impact on your operations.
Yes, navigating multi-state tax compliance can be complex, as each state has its own tax laws and requirements. We provide guidance on how to comply with regulations in each state where you operate, helping you avoid penalties and ensure that your business remains in good standing across jurisdictions.