Kriege Income Tax Service provides a wide range of services to individuals and businesses in a variety of industries. At Kriege Income Tax Service, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial environment. Our professional services include:
- Tax Preparation Services
- Audits and Reviews
- IRS Representation
- QuickBooks Accounting Help and Assistance
Tax Preparation Services
Individuals, small businesses, farmers, corporations, s-corporations, limited liability companies, partnerships, estates, tax-exempt entities, all state returns no matter how many you have, and any other tax form, we can do them all.
Returns are all electronically filed when possible. Refunds can be handled in several ways:
1. Direct Deposit into you existing bank account (takes 7-10 days, and preparation fees should be paid when the returns are filed.)
2. Refund Transfer Check. (Takes 7-10 days, preparation fees can be witheld from the refund, and we print your check at our office.) This is a great option for those clients that cannot pay at the time we file the returns, or do not have a bank account.
3. Government issued refund checks from the IRS, and State issued debit cards for you Oklahoma State refunds. (This can take between 4-6 weeks, and preparation fees should be paid when returns are filed.)
At Kriege Income Tax Services, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your returns, and leave you with the piece of mind that your taxes were done by an expert.
Our expertise, experience, analysis and thorough research allow us to optimize all opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Kriege Income Tax Service's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues.
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Kriege Income Tax Services can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Payroll processing
- Business & Personal financial statements
- Corporate tax planning and return preparation
- Litigation support
Audits and Reviews
Kriege Income Tax Service's financial statement services comprise all three levels of assurance depending on your company's needs.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Assurance and Advisory Services
At Kriege Income Tax Services, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.
These services include but are not limited to:
- Audits, reviews, and compilations
- Entity selection and restructuring
- Accounting software selection, implementation, and support
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Kriege Income Tax Services can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
QuickBooks Accounting Help and Assistance
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.
Kriege Income Tax Services offers the following solutions to help meet your QuickBooks needs:
We install QuickBooks on your stand alone computer.
We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup.
Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.
Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
Payroll is one of the most important tax issues any business can have.
Depending on your specific situation there are issues with:
- Internal Revenue Service
- Social Security Administration
- Oklahoma Tax Commission
- Oklahoma Employment Security Commission
- Workers Compensation
It is imperative that everything is filed and paid on time. We cannot stress this enough, falling behind can be one of the most expensive and stressful things than can happen to business.
Kriege Income Tax Services' payroll services can help you reduce the time spent on administration of your payroll process. We can do it all for you, be it weekly, biweekly, or monthly for both hourly and salaried workers. We use the best computerized payroll system and handle everything from the calculations of payroll checks, filing of all the required reports, and processing of the W-2's & 1099's. You can be assured that it is all taken care of and you can spend your time and resources on running your business.