FAQ.
Frequently Asked Questions About Accounting and Tax Services
Welcome to Our FAQ Section
At Curler Accounting & Tax Services, LLC, I understand that navigating the world of accounting and taxes can raise many questions. That’s why I’ve compiled this FAQ page to provide clear, straightforward answers to help small business owners, independent contractors, and other clients make informed financial decisions.
General Questions
The cost of hiring me as your CPA can vary based on the complexity of your needs, such as tax preparation, bookkeeping, or cash flow optimization. I focus on delivering value tailored to your specific business goals. Contact me for a personalized consultation.
For your tax appointment, bring:
- Previous year’s tax returns
- Income documents (W-2s, 1099s, etc.)
- Receipts and records of deductible expenses
- Business income and expense reports (if applicable)
- Any notices from the IRS or state tax authority Need a complete checklist? Contact me, and I’ll send one tailored to your needs.
As your financial manager, I oversee your financial health by analyzing data, managing budgets, and making recommendations to improve cash flow and profitability. I specialize in helping small businesses create sustainable growth strategies through detailed financial analysis and planning.
Deductions and Tax Savings
As an independent contractor, you may be able to deduct:
- Home office expenses
- Equipment and tools
- Travel and mileage
- Marketing and advertising costs
- Professional fees (like accounting services!) For a detailed review of your deductible expenses, schedule a consultation with me.
If you’re a realtor with 1099 income, you can often write off:
- Marketing and advertising
- Vehicle expenses (e.g., mileage)
- Professional development courses
- Desk fees or office rent
- Business meals and client entertainment Make sure to keep detailed records to support these deductions.
Tax preparation fees may be deductible for business-related filings. For individuals, this deduction was suspended under current tax laws, but rules can change. Contact me for advice based on your specific situation.
Cash Flow and Business Management
Having multiple businesses can create opportunities for tax savings, such as income splitting or optimizing deductions. However, the actual savings depend on how your businesses are structured and managed. Let’s review your setup to maximize your benefits.
When preparing a cash flow statement, you’ll add back:
- Depreciation and amortization
- Non-cash expenses
- Changes in working capital (e.g., inventory or receivables adjustments) Properly categorizing these items ensures an accurate reflection of your cash flow. Reach out if you need help preparing or reviewing your statements.
Pricing and Billing FAQs
The cost of tax preparation depends on the complexity of your return and whether it includes personal, business, or multiple state filings. I provide transparent pricing during your initial consultation.
Accounting service costs vary based on the scope of work, such as payroll, bookkeeping, or tax planning. My goal is to provide affordable solutions that fit your unique needs. Contact me for a no-obligation quote.
A general guideline is to set aside 25-30% of your income for taxes if you’re self-employed. However, this varies based on your income level, deductions, and business structure. I can help you determine an accurate amount during a consultation.
More Info
Mequon, Menomonee Falls, Richfield, Washington County, and areas north of Milwaukee.
With over 20 years of experience, including a background in military and law enforcement, I prioritize service and integrity. Learn more about how I’m different on my About Us page!
Let’s Talk About Your Needs!
Didn’t find the answer you’re looking for? Contact me at Curler Accounting & Tax Services, LLC. You can reach me at (262)-649-8898 or email me at matt@curlerats.com. I’m here to help with personalized advice and solutions for all your accounting and tax needs. Schedule your free consultation today!
