Income Tax Prep and Accounting Services for Individuals and Small Businesses
Professional Income Tax Preparation
Navigate the complexities of income tax filing with our expert services tailored for both individuals and small businesses.
Our approach integrates state-of-the-art tax software with the personal touch of experienced tax professionals, ensuring your tax returns are prepared accurately and efficiently. From self-employed individuals to growing small enterprises, we offer comprehensive tax solutions that not only aim to maximize your deductions and credits but also plan for your future financial growth.
Accounting Services
Bookkeeping Services for Performance Tracking and Tax Planning – Our accounting services are designed to provide a clear picture of your financial health, enabling strategic planning and decision-making.
By entrusting us with your bookkeeping, you’re not just keeping your records up to date; you’re gaining insights into your financial performance that can drive your business forward.
Our services range from routine daily transaction recording to comprehensive financial statement preparation. We work closely with you to tailor our bookkeeping solutions to your unique needs, ensuring that you’re always ready for tax season and beyond.
TAX PREP
Individual and Business returns done fast and accurately.
Accounting Services
Bookkeeping, Financial Statements, Payroll and more!
consulting
Clean up Accounting, Financial Review, Fractional CFO and other Projects.
Richard is always easy to get a hold of, as well as easy to communicate with – which is a big deal for me as a restaurant owner working odd hours. After working with other CPA’s, I’ve realized how important it is to have someone that simply cares, and feels invested in the success of my own business as much as I do.”
“Our family casino business has was put in a very difficult position when our Director of Finance passed away unexpectedly. With no time to plan for succession, in a heavily regulated industry, I reached out to my contacts within the gaming industry for help. Rich came heavily recommended from trusted sources as someone who could help us on an interim basis. We brought Rich in and he worked side by side with my team until we could properly identify a permanent replacement. I cannot speak highly enough of the quality of Rich’s work, his ethics, and his protection of client confidentiality. I would not hesitate to call upon Rich again if the need arose.”
“I have been acquainted with Richard Crocco in a professional and business environment for almost (20) years. Early on in our association Richard held a senior accounting position that challenged him to raise his game as he confronted uncharted waters related to complex accounting and compliance matters. Richard always demonstrated a calm demeanor as he solved complex accounting issues that were able to withstand intense scrutiny after the fact.
Suffice it to say I was ecstatic to learn Richard was opening his own CPA firm specializing in tax preparation. It was exceptionally fortuitous for me as this coincided with the end of a (40) year relationship with a past CPA due to retirement. It was an easy decision to hand off my tax matters to Richard; interestingly year two of our association Richard has been tasked with sorting out the complexities related to the sale of an entity and the transfer of a real estate asset to a new entity. As I would have expected this has been handled in a manner that puts my mind at ease should there be an audit down the road.
Richard is the best, anyone would be hard pressed to do better.”
FROM THE BLOG
Crocco CPA Reno Nv
Small Business Accounting
Why Working with a Local CPA for Your Small Business is a Wise Decision
In the intricate world of small business management, financial matters can quickly become overwhelming. From balancing the books to navigating tax regulations, the need for expert guidance is paramount. While some entrepreneurs may attempt to handle their finances independently or opt for remote accounting services, there’s an invaluable advantage to partnering with a local Certified Public Accountant (CPA). Let’s delve into why working with a local CPA for your small business is not just beneficial but a wise decision.
Personalized Attention
One of the most significant advantages of collaborating with a local CPA is the personalized attention you receive. Unlike larger firms or remote services, local CPAs are often more accessible and can offer tailored solutions to meet your specific business needs. They take the time to understand your business model, industry, and long-term goals, allowing them to provide customized advice and strategies.
In-Depth Knowledge of Local Regulations
Tax laws and regulations vary from state to state and even from one locality to another. A local CPA possesses in-depth knowledge of these regional nuances, ensuring that your business remains compliant with all relevant regulations. They can offer insights into local tax incentives, deductions, and credits that could benefit your bottom line. By staying abreast of changes in tax laws at the local level, they can help you minimize tax liabilities and avoid potential penalties.
Relationship Building and Trust
Building a strong relationship with your CPA is essential for the success of your small business. Working with a local professional fosters trust and transparency, as you have the opportunity to meet face-to-face and develop a deeper understanding of each other’s expectations. This personal connection allows for open communication and collaboration, enabling your CPA to serve as a trusted advisor rather than just a service provider.
Quick Response and Support
In the fast-paced world of business, timely advice can make all the difference. Local CPAs are readily available to address your concerns and provide support whenever you need it. Whether you have questions about a financial statement, need assistance with payroll processing, or require guidance on budgeting and forecasting, you can count on your local CPA to respond promptly and offer reliable solutions.
Community Involvement and Networking Opportunities
Local CPAs are often deeply rooted in their communities and actively involved in local business networks and associations. By partnering with a local CPA, you gain access to valuable networking opportunities and connections that can benefit your business. They can introduce you to other professionals, potential clients, and resources within your community, helping you expand your reach and grow your business.
Long-Term Financial Planning
Beyond day-to-day financial management, a local CPA can assist you with long-term financial planning and strategic decision-making. Whether you’re considering expansion, succession planning, or retirement strategies, your CPA can provide valuable insights and guidance to help you achieve your goals. Their expertise extends beyond just crunching numbers; they can offer strategic advice to support your business’s growth and sustainability.
In conclusion, working with a local CPA offers numerous advantages for small business owners. From personalized attention and in-depth knowledge of local regulations to building trust and fostering long-term relationships, the benefits are undeniable. By partnering with a local CPA, you gain a dedicated financial advisor who is invested in your success and equipped to navigate the complexities of small business finance. So, if you’re looking to take your business to the next level, consider the value of collaborating with a local CPA—it may be one of the wisest decisions you make for your business.
https://www.linkedin.com/in/richcrocco/
Local Services
Tax Resources
Remember – Q2 Estimated Tax Payments are due Monday June 17th!!
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The Small Business Administration (SBA) set to launch a Working Capital Pilot Program. Go to pymnts.com for more information.
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Checklist for Newlyweds!
1. Report a name change to the Social Security Administration (SSA).
2. Update your address with the postal service and IRS (Form 8822).
3. Update your W-4 with your employer.
4. Review your tax filing status.
Remember – your filing status as of December 31st is your status for the whole year!
About
Rich Crocco, CPA
I am a finance professional working in Northern Nevada for the past 18 years.
I have spent 23 years in the Hospitality, F&B & Gaming industries and work in the Tax Industry as well.