ESP Accounting, Inc.

We are living in a unique time in history, which doesn’t mean we can forget who we are and what we need to do to take care of ourselves.  Protect yourself financially make sure your investments are sound and that you don’t fall behind on your fiscal responsibilities.

Do you need to revisit your withholdings or how your estimating your tax deposits?   If you have some unique changes in your life financially that are going to have an impact on you, planning is your best defense.

We would appreciate the opportunity to assist you with your business or personal tax filings.  As we grow our business, we believe that relationships come first, as we establish your trust and provide you with what we believe is the best service available.

Services

At ESP Accounting we can assist you in a number of ways:

  • Tax Preparation for Individuals & Businesses
  • General Bookkeeping & Accounting Services
  • Tax Planning Strategies
  • Setting up an Internship program for your Business
  • Payroll Setup & Assistance for Businesses management

Accounting & Tax Services

We provide various services for our small business clients, from monthly accounting preparation as well as payroll and tax planning.  We have been using the Quick Books accounting software platform to assist our clients in achieving their goals. We also have some other 3rd party payroll options which allow you to concentrate on your business, which is what you do best!  We also utilize a tax preparation software system that allows us to file your tax returns for all 50 states along with your federal return electronically.

Tax Dates

Business Tax returns Corporate form 1020,  S-Corp 1020S and Partnership 1065’s are normally due by March 15.

Your Personal 1040 Tax returns are normally due by April 15.

In 2019 the Coronavirus caused an unusual circumstance and all the Tax deadlines for filing the 2019 tax returns where extended.  Will that be the case in 2020?  We will have to wait in see what happens in the spring of 2021.

If you are planning on filing an extension please note you are required to include your tax obligation with the extension.  If you do not owe any taxes, but may be entitled to a refund, you are not required actually file by April 15th.

 

Estimated Tax Payments

If your tax liability is $1,000 or more for the year, you are expected to make estimated tax payments. If you owed more than $1,000 in taxes, you should have more taxes withheld from from your paychecks, or pay estimated taxes.

Estimated Tax Deposit – Deadlines for 2020

  • January 1 — March 31: Due April 15
  • April 1 — May 31: Due June 15
  • June 1 — August 31: Due September 15
  • September 1 — December 31: Due January 15 (of the following year)

About Us

ESP Accounting has a mission to provide its clients with the best service and ensure a level of confidence that helps make the client feel comfortable about their financial future. ESP Accounting was started back in 2016 with a focus to put the customer first.  For over the past 30 years,  I Scott A. Lauka a CPA have assisted both businesses and individuals focus on making the best decisions as we try to position you in the correct direction.  Accounting and Tax preparation has been something that I have enjoyed as a professional and I hope I can assist you in accomplishing your goals.

May you stay healthy and God Bless America!