Rathel's Accounting Service

Rathel’s Accounting Service: A Partner in Profitability

Rathel’s Accounting Service offers expert, human accounting support dedicated to helping business owners achieve growth. Small business owners who have yet to engage a top-notch accountant may not have the clearest overall picture of their operations. This firm utilizes an experience-based system designed to help clients shift their business towards a profit-first mindset.

The professionals at Rathel’s Accounting Service stay continually up-to-date with changing tax laws and significant life events, such as the birth of a child, starting a new business, purchasing a new home, or receiving an inheritance. As an Enrolled Agent, this group adheres to strict ethical standards and professional conduct codes established by the IRS. The firm also provides its website as a resource for the latest tax law changes and planning strategies.

Minimizing Your Tax Burden Through Strategic Planning

A core offering of Rathel’s Accounting Service is proactive tax planning, focused on shrinking your yearly tax burden and minimizing IRS liability. Their proprietary plan is developed by tax planning professionals who master the nuances of tax law, complex tax codes, and stay current on changes that will affect clients’ tax returns throughout the year. Planning is recognized as the key to valuable tax savings, helping clients plan for greater income.

This group strives to ensure its clients pay the least amount of taxes allowable by law. They achieve this by implementing tax savings strategies throughout the year that benefit clients continuously. These strategies help individuals and businesses look for ways to actively minimize their tax burden.

For instance, Rathel’s Accounting Service can assist clients in moving income into lower tax brackets by splitting income among family members or legal entities. They can also help shift income and/or expenses to different years to take advantage of lower rates. Further strategies include deferring or avoiding tax liability through certain investment options, both federally and at the state level, and even increasing tax deductions through specific purchases.

Comprehensive Benefits of Proactive Tax Strategies

These detailed tax-saving strategies help clients benefit from the growth and savings of their own assets by keeping them out of the government’s hands. Clients can reduce taxes on investments to grow their money quicker and keep more of what they make by reducing their taxed income. Deferring income allows clients to keep their money now and pay taxes later.

The firm also assists with understanding estate taxes and planning, ensuring families retain more of what is earned. They guide clients in giving money while reducing taxes to maximize giving potential. Additionally, Rathel’s Accounting Service helps plan for retirement in ways that best benefit the client rather than the IRS.

When clients engage Rathel’s Accounting Service, they are investing in a tax planning service designed to pay them back. Most clients experience significant tax burden relief, coupled with time saved and peace of mind. The fees for these services are often recouped through the reduced tax liability clients enjoy as a direct result of the firm’s legitimate planning and tax savings strategies.

Additional Accounting and Financial Services

Beyond comprehensive tax planning, Rathel’s Accounting Service offers several other vital services. This includes expert tax preparation, ensuring clients stop missing out on potential deductions that could lead to significant savings. They also provide support for Offers in Compromise, which could be the necessary solution for specific financial situations.

The firm offers reliable payroll services, helping businesses avoid potential red flags with the IRS that can arise from scrimping on this critical function. Finally, clients can benefit from QuickBooks services, designed to save both time and money.