Business Services

Business Services Portal

Posted July 19, 2019

Welcome to the Business Services Portal! Everything you need from small business tax preparation to S Corp elections to payroll to accounting is located here. Need consultation? Questions about retirement planning within your business? That’s here too. Worries about long-distance relationships? Most of our clients are primarily in California, Nevada, Colorado, Texas, the Midwest, Florida and New England, but we serve business owners in all 50 states. Long distance is a snap!

Business Formation and S Corp Elections

Get your business on the right track, right away. Let us discuss the proper entity type and structure for your needs and goals. No, we don’t want to unnecessarily complicate the heck out of things, but we need to design something that not only works today but is also something that is malleable as your world changes.

Business Formation

Avoid SE Tax

Late S Corp Election

LLCs & S Corp Book

S Corp Questionnaire

S Corp Life Cycle

Multiple Entity Structure

Adding Your Spouse

Business Consultation

Click on the buttons below to read about our business consultation services including Periodic Business Reviews and Year-End Tax Planning. Anyone can balance a checkbook or put the right numbers on a tax return, but proper consultation is necessary to stay ahead of the tax obligations and understand business nuances.

Business Tax Deductions

Year-End Tax Moves

Self Employed Retirement

Turbo Charged 401K Plan

Tax Planning Questions

Auto Purchase Questions

Reasonable S Corp Salary

Periodic Business Review

Business Consultation

Section 199A Deduction

Click on the buttons below to read about the new tax reform changes including the Qualified Business Income Deduction (QBID), the death of Meals and Entertainment as we see it and some mock 2017 tax returns showing a side-by-side comparison to 2018 under the new rules, especially aimed at business owners.

A bunch of Section 199A stuff is below. The first set of buttons outlines the basics and also the final Section 199A regulations that were released January 2019. In addition, we’ve applied these new rules to things like S Corps, rentals and reasonable shareholder salary.

Section 199A Deduction

Section 199A Final (Quick)

Section 199A Final (Deep)

Section 199A Final Regs

Section 199A and S Corps

Section 199A and Rentals

Salary Optimization

Health Insurance

C Corps Remain Bad

Meals and Entertainment

Tax Cuts & Jobs Act

Section 199A FAQs

Here is some legacy Section 199A stuff. The proposed regulations of course are just that… proposed. But if you cannot sleep one night, and need to see some of the 335 comments the IRS received, this information might be just what you need. All kidding aside, you’ll see how the final regulations (see above) were shaped from the initial law.

Section 199A P-Regs

Section 199A P-Regs PDF

2018 Tax Projections

Business Tax Return Preparation

Click on the buttons below to review our small business, LLCs, corporate and partnership tax returns procedures and general fees. A checklist and our online submit form for compiling your business activities is included.

Business Tax Return Prep

Business Checklist

Business Worksheet PDF

Business Worksheet XLS

Accountable Plan

LLC (Sched C) Tax Prep

Home Office Worksheet

Automobile Worksheet

Fee Info (transparency)

Client Reviews and Expectations

When doing business, either online or face-to-face, you want peace of mind that things will go smoothly. Furthermore, if things don’t go as planned, then you want comfort in knowing they will be taken care of. WCG (formerly Watson CPA Group) takes customer service and satisfaction very seriously.

Business Support Services

We are not bookkeepers- we are accountants. Sorry for being snooty but accountants look at things very differently than bookkeepers. Most bookkeepers simply memorialize your transactions. Accountants offer insight and advice. And while we don’t like to admit it, we are payroll specialists too.We are a full service tax preparation, accounting and small business consultation firm, and we look forward to working with you!