Updated: Oct 4
OAHU Business Taxes can take a chunk out of your business' earnings, but there is a way to reduce taxes on your small business, such as by advantage of tax deductions and loopholes, proper tax preparation to avoid penalties and unwanted IRS scrutiny, and by streamlining the preparation and filing process so it won't take up so much of your precious time running your business in Honolulu, OAHU..
This is where the experts at Diamond Head Tax Group OAHU come in to help small and midsize enterprises (SMEs) with C-Corporation, S-Corporation, Limited Liability Company (LLC) Tax Filing and Preparation. Consultant Alan Chu and Diamond Head Tax Group team also offer Honolulu OAHU Financial Planning services for business owners.
OAHU Business C-Corporation, S-Corporation, LLC Tax Filing and Preparation Honolulu OAHU and Financial Planning Call: 808-468-8041
Diamond Head Tax Group OAHU Small-Business Tax Advisors help SMEs year-round by preparing and filing business taxes, offering tax advice as well as other financial consultation, and representing the company if an audit takes place.
Let our tax advisors handle record keeping and planning for tax purposes and for maximizing business tax returns. This will allow your business to save up on taxes.
Our team of experts are well-versed in the intricacies of tax filing for small to mid-size businesses and the differences between filing taxes for LLCs, C-Corporations and S-Corporations.
LLC Tax Filing Benefits
For income tax purposes, an LLC with only one member is treated as an entity disregarded as separate from its owner, unless it files Form 8832 and elects to be treated as a corporation. However, for purposes of employment tax and certain excise taxes, an LLC with only one member is still considered a separate entity.
C-Corporation Tax Filing Benefits
A C-corporation (or C-corp) is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity. C-corporations, the most prevalent of corporations, are also subject to corporate income taxation.
S-Corporation Tax Filing Benefits
S-Corporations are a type of corporation that may pass income directly to shareholders along with other credits, deductions and losses. S-Corporations do not pay federal corporate taxes. This setup is associated with small businesses with 100 or fewer shareholders.
Honolulu OAHU Financial Planning Benefits
Diamond Head Tax Group OAHU business organization consulting includes helping business owners and leaders determine their enterprise's path. Our HONOLULU OAHU Financial Advisory Services will weigh in decisively when it's time to make important financial decisions or handle complex tasks. This can range from establishing internal accounting processes, monitoring expenses, crafting plans to reduce costs and maximize profitability.
With Diamond Head Tax Group OAHU's services business owners can focus on more crucial leadership roles as our tax experts will handle all the following responsibilities:
Tax Planning and Preparation
Charitable Tax Planning Strategies
Social Security Taxation Reduction
Sales Tax Preparation
Small Business Strategy Development
Roth IRA Conversion
Contact us and let our skilled Diamond Head Tax Group OAHU Honolulu Tax Experts offer their well-rounded tax advice and tailored tax solutions to help you file accurate tax reports. Diamond Head Tax Group is Honolulu's trusted source of tax filing services serving Waianae, Honolulu, Kapolei, Oahu and surrounding areas.
We are available to assist you with your Tax Needs.
Individuals ● Business ● Tax Advisory ● Payroll Services