Margida & Associates Offers High Quality Small Business Accounting Services
Stow, OH – It’s never too early to begin end of year personal or corporate tax planning, and Margida & Associates is here to help guide local clients through this sometimes-daunting process.
There are a variety of upcoming tax changes directed towards both individuals and businesses, and properly managing and preparing for these changes will minimize adverse affects, while providing a solid foundation for the future. No one wants to find out they have to write a big check to the IRS in April, which is why proactive personal and corporate tax planning for year-end needs is so crucial.
Among the most notable changes, taxes on long-term capital gains could increase from 15 to 20 percent. The federal estate tax rate could increase from 35 to 55 percent, while the exclusion amount drops from over $5 million to just $1 million. Meanwhile, with the Bush Administration tax cuts set to expire, a new 3.8 percent surtax on investment income, and more, the tax rate on ordinary income could be increased for many high-income taxpayers.
Luckily for their clients, however, Margida and Associates has the expertise required to protect the best interests of their clients, and to help improve their bottom line.
The team can even set up new small business accounting software systems from scratch, providing general ledgers, financial statements and more. It’s not just about preparing documents, however; the team at Margida & Associates ensures each client understands what it all means, so they can see the real value and validity of their company as it grows.
Margida & Associates is a local accountant in Stow, Ohio, and the team works with clients throughout the surrounding region, including Hudson, Cuyahoga Falls, Twinsburg, Akron and Aurora. Led by John Margida, each CPA has over 25 years of experience, and his firm has served the region for more than a decade, dating back to the year 2000.
Throughout this time, their dedication to every single client is what sets them apart from other small business accounting firms. Whether it’s a local small business or an individual with personal accounting needs, the utmost dedication, attention to detail and professional, friendly service is provided.
To learn more about how Margida & Associates can help with end of year corporate tax planning, small business consulting and more, visit Margida-Assoc.com or call the team at 330.926.0023.
About Margida & Associates
Margida & Associates specializes in small business accounting and corporate tax planning. Their team of certified public accountants also offers personal accounting services and consulting. Located in Stow, Ohio, they have been working with local clients since 2000, and place an emphasis on the highest quality of personal service and professional results. Call 330.926.0023 or visit them online at Margida-Assoc.com to learn more about their services.