Welcome to Proactive Accounting & Tax Services! (919) 335-5486

As a small business owner, you have more important things to do than to keep your own books. Let us take care of your books for you, so you can get back to the running of your dream business! – Contact Us

What we do

For Business Owners

Let us take care of your accounting and taxes so you can focus on growing your business.

As a business owner, you juggle many responsibilities. Managing and growing your business is a complicated process, and maintaining your company’s books (although essential) is a tedious, time-consuming task that takes your attention away from ensuring your company’s sustainability and growth.

Fortunately, we have the experience, the expertise and the time to shoulder your accounting responsibilities so that precious time becomes available to you for other purposes.

We have developed a comprehensive and affordable approach that is guaranteed to improve your company’s financial well-being.
From establishing timely billing and collection processes to decreasing expenses and providing financial projections to help you make informed decision, we have you covered!

We are positioned to work off-site or remotely, and our clients come from a wide range of industries. Our success has been built on your willingness to customize our accounting services for our clients’ unique needs.
We specialize in Quick Books Online (QBO) and adhere to impeccable confidentiality and security procedures.

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Our Blog

Latest Updates

The Payroll Protection Program (PPP) rules—they keep a-changin’. During the past month, the Small Business Administration (SBA) issued a new set of frequently asked questions (FAQs) and a new interim final rule, which in combination create the following good news for the Payroll Protection Program (PPP): More forgiveness. The $20,833 cap on corporate owner-employee compensation… Read More

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If you’re considering moving to a different state, taxes in the new state may be the deciding factor—especially if you expect them to be lower. Consider All Applicable State and Local Taxes If your objective is to move to a lower-tax state, it may seem like a no-brainer to move to one that has no… Read More

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Small Business Administration (SBA) Economic Injury Disaster Loans (EIDLs) can be a great source of low-interest funding for businesses struggling with the economic impact of the COVID-19 pandemic. Unlike Payroll Protection Program (PPP) loans, EIDLs are not forgivable—borrowers have to pay them back. But they have a low 3.75 percent interest rate and a long… Read More

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Whether you claim a business office in the home or are simply working at home, say because of COVID-19, you likely have some former personal assets that you now use for business. Ah, new tax deductions! Yep. Say you don’t claim a home-office deduction but now you are working at home and sitting in the… Read More

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Limited liability companies (LLCs) are a popular choice of entity for small businesses and investment activities. LLC owners are called members. Single-member LLCs have one owner, although spouses who jointly own an LLC in a community property state can elect treatment as a single member LLC for federal income tax purposes. We will call LLCs… Read More

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Here’s how renting out your home while you take a two-month vacation interacts with your ability to use the $500,000 home-sale exclusion ($250,000 if single). Remember, you have to use the home as a home for two of the five years before sale to qualify for the home-sale exclusion. Exclusion Rule The tax code allows… Read More

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