Tax Preparation and Planning
With tax laws changing every year, it can be a challenge to keep on top of the particular changes that affect you and your business. Let our tax experts prepare your individual and business tax returns and advise you on ways to minimize your tax liability.
If your business doesn’t have an accountant on staff, bookkeeping can be an exercise in frustration. Let us make your job easier with our bookkeeping service. We will manage your chart of accounts and keep a set of books that accurately reflects the financial state of your business.
Business Tax Services
Managing state and local taxes can be complicated for a small business. Our business tax services can simplify these taxes for you by tracking and submitting your Sales tax, Franchise & Excise tax, Professional Privilege Tax, Business Tax (County/City), etc. giving you more time to focus on your business and keeping you compliant.
Bookkeeping Software Training
Keeping an accurate set of books is a necessary part of any business, and bookkeeping software can make that task a lot easier. But sometimes it takes help to get familiar with a new piece of bookkeeping software. We can help you create your chart of accounts, close out your old books, and make efficient use of your new bookkeeping software.
Sometimes it’s good to get an outside perspective from a professional you can trust. Whether you need help solving a problem that faces your business or weighing the costs and benefits of an opportunity, we can provide the perspective you need. With our business consulting services you can count on getting an independent view that provides the insight you need to make decisions that further your goals.
Business Entity Selection
Choosing how a new business will be organized can be a confusing and critical decision. Sole proprietorships, partnerships, LLCs, and corporations all offer differing levels of protection and complication for the business owners. We can help you decide which structure is the right fit for your business, and help you reevaluate that decision as your business grows.
Buying or Selling a Business
When buying or selling a business, we can help you at every step of the process. We can help you put a value on the business changing hands, perform due diligence, and assist with financing strategies for any purchase that takes place.
Estates and Trusts
By planning today, you can take steps to ensure that your estate or trust is executed as you intended. We can work with you and your attorney to understand your goals, take steps to minimize taxes, and assist in transferring assets to your heirs as you direct.
Through our financial analysis services, we can analyze your business and provide the financial data you need to support your decision making process. We can also analyze how a situation might change as circumstances evolve, allowing you to plan for how you might respond to different scenarios.
Financial statements are useful tools for decision making and for representing the state of your business’ finances to outside parties. We can work with your staff to produce accurate monthly or annual financial statements that reflect the financial health of your business.
An IRS audit can be scary and confusing for a business owner. If your business finds itself being audited by the IRS, we can represent you in your dealings with the IRS so that you and your interests are protected.
For your convenience, we have a notary public available to witness and authenticate the execution of documents and signatures.
There are numerous local, state, and federal tax laws that all interact to make payroll and withholding difficult to manage. Our payroll experts can manage these business functions for you and alert you to changes in the tax laws that might affect you and your business.
With individuals spending more time in retirement than in years past, it is more important than ever to financially plan for this stage of life. Whether you are planning for your own retirement or choosing a retirement plan for your business, we can help you weigh all the options and make a choice that is appropriate for you.
Waterford Tax Group PLLC is a boutique tax firm located in the heart of Maryland Farms – Brentwood, TN and has been serving clients for over 26 years. Waterford represents individuals & businesses in a variety of relevant tax and accounting matters before local, state, and federal agencies.
With the original office just miles away from the current location, Clifton Chad Williams, E.A., Founder and Managing Partner of Waterford, established roots in this community over 26 years ago. He and the entire team of professionals at Waterford Tax Group remain committed to building a legacy of excellence for many years to come.
With over thirty years of combined experience, our team can help you achieve your goals.
Clifton Chad Williams, EA
Chelsea Barrett, Accountant
Other Waterford Staff