At Watter CPA we are dedicated to providing a comprehensive suite of Certified Public Accounting (CPA) services that ensure your tax and accounting needs are expertly managed. Our experienced team specializes in preparing accurate tax returns, maintaining precise financial records, processing payroll and managing sales tax compliance. We focus on delivering reliable and professional tax and accounting services to keep your business operations compliant and efficient.
Our audit services are designed to provide you with a thorough and objective assessment of your financial statements. We ensure that your financial records are accurate and comply with applicable regulations. Our audits help you gain valuable insights into your business operations and financial health, providing the confidence you need to make informed decisions.
Accurate bookkeeping is the foundation of any successful business. Our bookkeeping services help you maintain precise financial records, track income and expenses, and prepare for tax season. We ensure that your books are up-to-date and compliant with accounting standards, allowing you to focus on running your business.
Managing payroll can be time-consuming and complex, especially with the constant changes in tax laws and regulations. Our payroll services handle all aspects of payroll processing, ensuring that your employees are paid accurately and on time and that you comply with all payroll tax requirements.
Understanding your financial position is crucial for making informed business decisions. Our financial reporting services provide you with detailed and accurate financial statements, including balance sheets, income statements, and cash flow statements. We help you analyze these reports to gain insights into your business performance and make strategic decisions.
At Watter CPA, we are committed to delivering exceptional CPA services tailored to the unique needs of each client. Our experienced team of CPAs and financial professionals is dedicated to providing personalized service and expert guidance. We believe in building long-lasting relationships with our clients based on trust, transparency and mutual respect.
We invite you to contact us today to learn more about our CPA services and how we can assist you in achieving your financial goals with confidence and clarity. At Watter CPA, your success is our priority. Let us be your trusted partner in navigating the complexities of financial management and planning.
At Watter CPA, we believe that understanding your needs is the first step toward providing exceptional service. Determining the specific service required involves a thorough review of your financial situation, which is only possible with proper documentation and accurate data. This approach helps us deliver tailored solutions that best meet your needs and compliance requirements.
Below, you will find answers to some of the most frequently asked general questions. If you have more specific inquiries or require additional information, please feel free to Contact Us.
We offer a wide range of tax planning services, including individual and business tax planning, estate and trust planning and retirement planning. Our goal is to help you minimize your tax liability and ensure compliance with all relevant tax laws.
The frequency of meetings with your CPA depends on your specific needs and circumstances. For some clients, quarterly or annual meetings may be sufficient, while others may benefit from more frequent consultations, especially during major financial or business changes.
Yes, we provide comprehensive support for resolving IRS issues and tax problems. Our services include audit representation, negotiating payment plans, handling tax liens and levies and assisting with offers in compromise. We aim to help you navigate and resolve your tax issues efficiently.
Starting a new business with our help involves several key steps:
1. Initial consultation to understand your business idea and goals.
2. Assistance with business entity selection (e.g., LLC, corporation).
3. Guidance on registration and compliance with local, state and federal regulations.
4. Setting up accounting systems and procedures.
5. Ongoing support with bookkeeping, tax planning and financial reporting.
Yes, we offer virtual consultations to accommodate clients who prefer remote meetings. This allows us to provide our services regardless of your location, making it convenient and flexible for you to receive the support you need.
We take the confidentiality and security of your financial information very seriously. Our firm employs robust security measures, including secure data storage, encrypted communications and strict access controls. We are committed to maintaining your privacy and protecting your sensitive information.
If you receive a tax notice from the IRS, it is important to contact us immediately. We will review the notice, explain its implications, and help you respond appropriately. Our team will work with you to resolve any issues and ensure compliance with IRS requirements.
Getting started with Watter CPA is easy. Simply contact us to schedule an initial consultation. During this meeting, we will discuss your needs, explain our services and determine how we can best support you. From there, we will develop a customized plan to address your financial and accounting requirements.
Yes, we e-file most tax returns. If a paper filing is required, we prepare it for certified mailing and ensure its delivery to the appropriate taxing authority.
Yes, we routinely prepare tax returns for all U.S. states and territories as well as necessary city or locality returns.
Yes, our tax professionals can evaluate your holdings and determine the most efficient and cost-effective way to report your assets.
Yes, we file extensions for our clients. Note that filing an extension grants additional time for filing the tax return but does not extend the due date for any taxes owed.
Common documents needed include:
- W-2 (wages)
- 1099-NEC (independent contractor income)
- 1099-MISC (rents)
- 1099-INT (interest)
- 1099-R (retirement)
- 1099-SSA (social security)
- 1099-DIV (dividends)
- K-1 (from partnership, S-corp, or trust)
- 1095-A, 1095-B, 1095-C (health insurance)
- Property Taxes
- Closing Disclosure (real estate transactions)
- Income and Expenses records for Schedule C business or Schedule E rental property
- Cryptocurrency transactions
This depends on your personal situation. We calculate the tax outcomes for both options to determine the most advantageous filing status for you.
In certain situations, yes. Contact us so we can learn more about your situation and advise you on the best filing option.
This depends on the type and method by which you received the inheritance. Contact us to learn more about inheritance reporting and filing requirements.
Yes, we can prepare state and federal Power of Attorney forms to access transcripts and determine which returns have been filed.
We can help you remedy the situation to properly claim your child/children on your return when we prepare and file your return.
For more detailed information or specific queries, feel free to Contact Us. Our team is here to provide the clarity and support you need to navigate your financial and tax-related questions effectively.