Certified Public Accounting for Your World.
Our firm provides quality, personalized certified public accounting services to owners of new business startups and existing small businesses. We specialize in “plain talk” accounting!
BIZ TIP FOR FEBRUARY
As the odds of tax rate increases on high income taxpayers improve…
You may want to reconsider the form of your business. Now, the top rate on both individuals and corporations is 35%, smoothing the income tax differences among proprietorships, partnerships, regular corporations, S companies and LLCs.
The top rate on individuals will likely top 40%. Congress is almost certain to let the Bush tax rate cuts lapse after 2010, which would make the top rate 39.6%. It could climb to 45% if a surtax being talked about by House Democrats is OK’d.
Higher rates provide a big tax incentive to operate as a regular corporation, despite the two layers of tax. With such a big spread between the maximum tax rate on corporations and individuals, many people would avoid operating businesses as S firms, partnerships or sole proprietorships. The reverse happened in 1986, when the top rate on individuals was lower than the maximum corporate tax rate.
The Kiplinger Tax Letter Vol. 84, No. 18
Welcome to
Mark Borel & Associates, Inc.
Thank you for taking the time to find out more about our firm and the quality accounting & financial services we provide to our growing list of loyal clients worldwide. Call today to schedule your complimentary, no cost, no obligation, initial consultation and tell us about your business!
Our firm of Nevada accountants and professional staff provide a host of small business support services designed to increase your success, by reducing much of the administrative burden associated with running a business, allowing you to refocus and dedicate more of your time to what you do best. Whether you need us to provide back office support staff, allowing you to reduce overhead and stay mobile, or provide year end accounting and tax preparation services, we offer flexible support designed to meet your needs.
In addition to bookkeeping, accounting, tax planning and tax preparation, our Nevada CPA’s special areas of expertise include: choice of business entity, asset protection planning, custom business analysis, preparing financial statements, and multi-state corporate tax regulations... always explained using “plain talk” language you will find easy to understand.
About Our Clients
Our clients typically are shareholder/owners immersed in growing an existing business, or entrepreneurs involved in new business startups. Although most reside in the U.S., many reside in non-U.S. locales and require assistance similar to that received by chartered accountants. Some of the goals important to our clients include asset protection, privacy and minimization of overall taxes. We commonly confer with our clients’ other advisors to prioritize these objectives and design a strategy for success. Usually, they have plans to implement a multi-entity strategy, and may have already organized one or more Nevada or Wyoming corporations, LLC's, and LP's, possibly including a domestic or offshore trust. We provide the necessary how-to knowledge, and assistance, required to competently administer multiple entities, and ensure they coordinate well together, to achieve your goals.
Because our clients are located literally worldwide, we are available after hours (by appointment), and are very adept at communicating via telephone, email and internet linkup. We also provide our clients with a secure account on our website, used to store and transfer sensitive information... and, we have experience working with a wide range of industry types, including:
- Professional services and consulting firms
- Real estate investors
- Web-based businesses
- Securities investors
- Medical services organizations
- Property management companies
- Construction companies
- Retail operations
- Multi-level marketing firms
- Sales organizations
- Royalty management companies
- Nonprofit organizations
