It’s Time To Update Your Tax Planning
SERVICES
What We Provide
As experts in the eCommerce and retail industries, we provide exceptional tax services tailored specifically to your company.
BUSINESS TAX RETURNS
As industry experts, Ayub Accounting thoroughly examines tax laws to provide the best guidance and reduce your tax burden. No matter how complex your business tax returns are, we prepare them with accuracy and confidence.
SALES & USE TAX
Ayub Accounting sales and use tax services involve assisting businesses in navigating the complexities of tax compliance. These services include determining the correct tax rates, managing tax collection, preparing and filing tax returns, and ensuring compliance with state and local regulations. By leveraging industry expert knowledge, businesses can minimize risks, avoid penalties, and ensure accurate tax reporting, allowing them to focus on running core operations.
PAYROLL
Payroll services encompass the administration and management of employee compensation. These services handle various tasks such as calculating wages, withholding taxes, and ensuring compliance with federal, state, and local laws. They also involve processing payroll, issuing paychecks or direct deposits, and maintaining accurate records of employee earnings and deductions. By outsourcing payroll services, businesses can save time, reduce errors, and ensure timely and accurate payment to employees, which helps in maintaining employee satisfaction and adherence to legal requirements.
TAX PLANNING & ADVISORY
Wondering how to maximize depreciation benefits for your fixed assets? Unsure whether to opt for a personal or business loan for expansion? Our tax experts can evaluate these scenarios and more to provide you with the most tax-efficient strategies.
We provide comprehensive tax services including tax preparation and filing, tax planning and strategy, sales tax compliance, tax audit representation, and international tax compliance for cross-border eCommerce transactions.
We assist in determining your sales tax obligations based on your sales nexus, register your business in required states, file sales tax returns, and ensure timely payment of sales taxes to avoid penalties.
Nexus is a legal term that refers to the requirement for a business to collect and remit sales tax in a state due to a significant presence, such as physical location, employees, inventory, or economic activity. We help identify your nexus obligations and ensure compliance with varying state laws.
Yes, we offer services to help navigate the complexities of international tax laws, including VAT/GST compliance, transfer pricing, and strategies to minimize tax liabilities across different jurisdictions.
Tax planning involves strategizing to minimize tax liabilities and maximize after-tax income. We analyze your financial situation and suggest tax-saving opportunities such as deductions, credits, and deferral techniques specific to the retail industry.
Typically, you'll need to provide financial statements, sales records, expense receipts, inventory reports, payroll information, and any previous tax returns. We will provide a detailed list tailored to your business.
We offer audit representation services, including preparing necessary documentation, communicating with tax authorities, and developing a strategy to address and resolve any issues that arise during the audit.
We provide year-round support to help manage your tax obligations, stay compliant, and plan effectively for future tax periods. Our goal is to ensure you are always prepared and optimized for tax efficiency
Common deductions include costs of goods sold (COGS), marketing and advertising expenses, home office deductions, software and subscription fees, shipping costs, and more. We help identify and maximize these deductions to reduce your tax liability.
Our team regularly participates in professional development, attends industry seminars, and subscribes to updates from tax authorities to stay informed about the latest changes in tax laws and regulations.