Tax laws are constantly changing and increasing in complexity. We make it our business to stay abreast of the latest tax regulations. We assist our clients in applying the law to ensure they are in full compliance while taking advantage of all legal opportunities to minimize tax liability. We will ensure you meet all filing deadlines and can assist in future tax and business planning decisions.

We help you understand and respond to IRS letters, IRS audits, or State inquiries. We are able to practice before the IRS and to be your voice. We will work directly with the IRS so that you don’t have to worry about saying the wrong thing.

Business Startup Services and Entity Selection

Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.

Do you know how your business is performing? Are there steps you could take to reduce expenses and increase profitability?

By preparing or analyzing your financial statements, DownEast Accounting Services can make sure you are fully informed about the performance of your business and recommend things you can do to improve the bottom line. Some are obvious but overlooked by many business owners who may be more focused on operational issues rather than the financial aspects of the business. Others are not so obvious and might never be identified without the expert eye of a trained financial professional. Let us take care of your books, so you can get back to the job of running your business and generating profits.

Sales Tax Services

Many of our clients are responsible for collecting and submitting sales taxes in many different locations. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.

Payroll Services

As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also prepare all necessary payroll tax deposits and returns in a timely manner.