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Accounting and Bookkeeping Services in Irving, Texas
1-800Accountant, America's top virtual accounting firm, empowers Irving entrepreneurs with expert tax preparation and bookkeeping services, helping Texas small businesses thrive while ensuring compliance.
Our Accounting Services for Irving Small Businesses
Business Tax Preparation: Navigate Irving's business tax landscape with confidence. Our CPAs average 17 years of experience in diverse industries, helping you comply with local regulations while identifying substantial savings opportunities. By entrusting your tax preparation to our experts, you can potentially save thousands each year.
Bookkeeping: Build a solid financial foundation for your Irving business with precise, error-free bookkeeping. Our service saves you time and provides crucial insights for data-driven decision-making. We deliver clear, easy-to-understand reports that enable your accountant to develop accurate financial models, empowering you to manage cash flow effectively and plan for growth.
Tax Advisory: Texas tax considerations extend beyond April. Our affordable year-round tax advisory service connects you with a dedicated small business tax advisor familiar with Irving's local economy. We help you develop strategies to minimize your tax liability throughout the year while ensuring full compliance with state and local regulations.
Payroll: Simplify your payroll process and reclaim valuable time each pay period. Our comprehensive service handles all aspects of payroll, including accurate tax submissions to Irving authorities. This allows you to focus on growing your business while ensuring your employees are paid correctly and on time.
Business Formation: Take advantage of Texas's business-friendly environment by officially establishing your company with our complimentary incorporation services. You only cover the required Irving and state fees—we handle the rest. This sets you on the path to hiring employees, opening a business bank account, and enjoying the benefits of an optimized structure with maximum tax savings tailored to Irving's local business landscape.
Filing your business taxes online with 1-800Accountant is quick and easy:
- Provide required personal and business information.
- Review and select your online business tax preparation service and complete your purchase.
- Log in to your 1-800Accountant Portal and upload documents critical to preparing and filing your taxes.
Level | Rate |
|---|---|
State Tax Rate | 6.25% |
County Tax Rate | 0.00% |
Municipal Tax Rate | 1.00% |
Dallas MTA Transit Tax | 1.00% |
Combined Sales Tax Rate | 8.25% |
City-Specific Taxes |
|---|
| Texas imposes a Franchise Tax on businesses operating within the state. For most entities, the tax rate is 0.75% of taxable margin, with a reduced rate of 0.375% for qualifying wholesalers and retailers. Businesses with a taxable margin below $2,470,000 are not required to pay the tax for the 2024‑2025 period Texas Comptroller, Franchise Tax. |
Licenses and Permits |
|---|
| All businesses must register with the City of Irving Code Enforcement Department to operate legally within the city limits. |
Businesses installing signage in Irving are required to obtain sign permits from the city. |
Fire Department permits may be necessary for businesses dealing with hazardous materials or operations in Irving. |
Grants and Funding in Irving | Grants and Funding Information |
|---|---|
| Texas Small Business Grants | Provides funding opportunities for small businesses in Irving, Texas. These grants are available for various types of businesses, including for-profit and not-for-profit entities, as well as sole proprietors. They are intended to help businesses expand, create jobs, and foster economic growth within the region. Eligible businesses can apply for grants to support their growth and development through various funding opportunities, managed by local financial aid agencies. |
What to Look for in Irving, Texas Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Irving small business, consider these key factors:
Certifications and State Compliance: It is important that your accountant holds proper credentials, such as CPA recognition, and maintains a solid understanding of Texas tax laws and compliance issues. In a city like Irving, where industries from banking and technology to logistics are rapidly expanding, having the right professional assures you that your financial records meet local standards.
Experience and Specialization: Look for an expert who has practical knowledge in your specific field. Whether you belong to the healthcare, manufacturing, or professional services sector, a specialist who understands the unique financial needs of your industry can help you tackle day-to-day challenges and plan strategically for future growth.
Understanding of Local Economic Conditions: Choosing a financial professional well-versed in Irving’s dynamic business landscape is a smart move. With major companies such as JPMorgan Chase, Texas Instruments, and several Fortune 500 headquarters operating in the area, it is beneficial to have an accountant who can relate local market trends and economic realities to your financial strategy.
Knowledge of State Tax Incentives: Texas offers a range of tax benefits designed to support business development and growth in various sectors. A knowledgeable accountant can highlight available incentives for job creation, capital investments, and sector-specific advantages. This expertise helps in reducing tax obligations while taking full advantage of the opportunities present in Irving’s diverse economic environment.
Talk to a business tax expert today for all your tax needs in Irving.
Additional Texas Accounting Resources:
Navigating Small Business Taxes in Texas
How to Start a Business in Texas: 10 Steps
How to Set Up an S Corp in Texas
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.