Elevation Expansions LLC

SERVICES

Services

Tax Preparation & Compliance

Tax Preparation and Strategic IRS code Guidance
Personal and Professional Income Tax
Sales Taxes
Payroll Taxes
IRS installment agreements
Inheritance Tax

Capital Gains Tax
Dependent Tax Credits
Education Credits
Divorce related financial matters

Federal Income Tax Filing and Preparation is the core service offered by Elevation Expansions LLC. The staff is trained and educated and have each recieved a successful certificate of completion in the 2024 Annual Filing Season Program as seen on IRS.gov
Staff members are devoted, primarily, to knowing the complex and changing tax laws and credits standarized by the Internal Revenue Service and the Department of the Treasury. Each staff member has up to date understanding of requirements for incentives and credits available to individuals and business owners for the current filing season.

Startup Business Services

Elevation Expansions provides comprehensive guidance to entrepreneurs looking to establish their own businesses. We offer expert advice on various business structures, including:

LLC
Corporation
S-Corp
Sole Proprietorship
Partnership

Upon consultation you’ll find detailed information on regulations and requirements for each structure at both state and federal levels.

bookkeeping

Elevation Expansions LLC offers a comprehensive suite of services to support businesses in managing their financial operations, regulatory compliance, and tax obligations. Their goal is to alleviate the administrative burdens associated with running a business, allowing owners to focus on their core objectives.

Key Services:

Accurate Record-Keeping
Timely Payroll Processing
Compliance with State and Federal Regulations
Streamlined Financial Reports
Sales Tax Reporting
Federal Estimated Taxes

Benefits:

– Reduced administrative workload
– Improved financial accuracy and compliance
– Enhanced tax planning and optimization
– Increased focus on core business activities

Target Audience:

– Entrepreneurs
– New businesses (1st year)
– Established businesses
– Businesses seeking expert financial management and tax guidance

Financial Transaction Management

– Accurate recording of income, expenses, and other financial activities in QuickBooks

Choose from a range of bookkeeping service

– Bi-Weekly Full-Service
– Quarterly Reconcile and File
– Start Up and Set Up your Quickbooks
– Annual Reporting and Federal File

payroll
services

Quickbooks payroll processing

-Direct Deposit available for Independent Contractors and day laborers.

-Invoicing service available for service based businesses.

-State and Federal Payroll Tax filing and registration

-1099 Distribution

– Timely and accurate payroll calculations and processing for employees

Leave it up to Elevation Expansions LLC to assure timely processing of payroll for less than 5, or up to 25 employees, for a reasonable flat monthly fee. Direct Deposit on schedule everytime for as many pay schedules as your business requires

Payroll tax setup and filing and Texas Workforce commission Unemployment registration. Find confidence in knowing state and federal compliances are being met for your payroll tax responsibilities

Same day issuance of 1099NEC and 1099MISC with prefigured annual totals

Invoice within an hour Monday through Friday from 7am to 8pm

Pay and record payments to vendors and contractors through direct deposit

Account Reconciliation

Matching QuickBooks records with bank and credit card statements to ensure accuracy and identify discrepancies.

Financial Reporting

Generating profit and loss statements, balance sheets, and other financial summaries to provide insights into financial performance.

Additional Services

Categorization

Assigning transactions to correct accounts and categories in QuickBooks

Automation

Setting up automated processes in QuickBooks for streamlined bookkeeping

Workflow Management

Optimizing bookkeeping workflows for efficiency

Training

Providing QuickBooks training and ongoing support