Meet the Owner
California Native, Single Mother, College graduate, small business owner is just the beginning.
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IRS Links
Common Links to navigate around IRS Website
J.P. Accounting Services, LLC
As a Business owner, College Graduate, and tax professional I understand how difficult it can be to open a business, manage books, stay up-to-date with new tax laws, credits, and deductions relating to business, while trying to maintain a successful business. Taking all these factors into consideration motivated owner Jakari Peet to become a tax specialist who specializes in business taxes (Limited Liability Corporations, Corporations, and Partnerships). Consulting with a tax specialist can save you hundreds maybe even thousands of dollars on taxes. Every year, thousands of businesses globally loose money by not properly preparing tax documents for an accurate tax filing. Our Tax Specialist has experience with numerous of industries when it comes to filing taxes. Meeting with our tax specialist will result in you feeling more confident and a customized tax strategy plan strictly for your business and industry.
Business Services
Business Formation
Selecting the correct business entity is crucial when deciding how to properly file taxes. Business entities vary from Limited Liability Companies (LLC), Single Member Limited Liability company (SMLLC), Partnerships, Corporations). Understanding which formation best fits your business can be intimidating, Consulting with our specialist which help you decide and explain which works best for you.
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Business Bookkeeping
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Good bookkeeping will help businesses:
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Monitor the progress of their business
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Prepare financial statements
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Identify income sources
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Keep track of expenses
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Prepare tax returns and support items reported on tax returns
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A good recordkeeping system includes a summary of your business transactions. (Your business transactions are shown on the supporting documents just discussed.) Business transactions are ordinarily summarized in books called journals and ledgers. You can buy them over the Internet and at your local stationery or office supply store.
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A journal is a book where you record each business transaction shown on your supporting documents. You may have to keep separate journals for transactions that occur frequently.
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A ledger is a book that contains the totals from all of your journals. It is organized into different accounts. Whether you keep journals and ledgers and how you keep them depends on the type of business you are in.
For example, a recordkeeping system for a small business might include the following items. • Business checkbook. • Daily summary of cash receipts. • Monthly summary of cash receipts. • Check disbursements journal. • Depreciation worksheet. • Employee compensation record.
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Business Taxes
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