ESP Accounting, Inc.

The new tax laws passed in 2018 are not RETRO ACTIVE!  They will not effect your tax filings for 2017.  These changes will effect all of us in 2018 and going forward.  If you think these changes 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:

  • General Bookkeeping & Accounting Services
  • In-house Audits and or Reviews
  • Tax Preparation for Individuals & Businesses
  • Tax Planning Strategies
  • Setting up an Internship program for your Business
  • Payroll Setup & Assistance for Businesses

Accounting & Tax Services

As Accountants we utilize the Quick Books accounting software platform to assist our clients in achieving their goals. We are also able to provide assistance with payroll services though a third party to allow you to concentrate on your business, which is what you do best!  We also utilize a third party tax 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 due by Thursday, March 15, this year.

Personal 1040 Tax returns are due by Tuesday, April 17.  This is because April 15th falls on Sunday this year, and then Monday is a holiday.

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 17th.

 

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 Deadlines for 2018

  • January 1 — March 31: Due April 17
  • 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

Two partners with a passion to provide clients with the best service come together as they build a lasting relationship with their clients.  Elizabeth has recently obtained her Master’s Degree in Accounting, with a concentration in Taxation, as she will now prepare to sit for the CPA exam.  Scott, a CPA, has been practicing the profession for over 30 years and has been exposed to a wide variety of business industries over his career.