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

What happens when lawmakers enact a new tax? It starts small. It looks easy. In 1935, the self-employment tax topped out at $60. Those 1935 lawmakers must be twirling in their graves with the new rules for 2021, which levy the following taxes: A self-employment tax of up to $21,848, which comes from the 15.3… Read More

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Since 1986, lawmakers have limited business meal deductions: first to 80 percent, and then to 50 percent (unless an exception applies). But on December 27, 2020, in an effort to help the restaurant industry due to the COVID-19 pandemic, lawmakers enacted a new, temporary 100 percent business meal deduction for calendar years 2021 and 2022.… Read More

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You likely already know that the employee retention credit (ERC) is a good deal—if you qualify. Now, thanks to the recently enacted American Rescue Plan Act of 2021 (ARPA), you can qualify for up to $100,000 of ERC in the third and fourth quarters of 2021 if you begin the business after February 15, 2020… Read More

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Previously, we sent you emails discussing the tax issues that arise when a financially comfortable loved one has passed away. In this email, we dive into some of the non-tax issues you will have to deal with as the executor of the estate. Getting Extra Death Certificates For various reasons, a death certificate may be… Read More

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The IRS can waive penalties it assessed against you or your business if there was “reasonable cause” for your actions. The IRS permits reasonable cause penalty relief for penalties arising in three broad categories: Filing of returns Payment of tax Accuracy of information Contrary to what you might think, the term “reasonable cause” is a… Read More

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How do you multiply your net worth? Let the government help. Here’s how: with both the SEP IRA and the solo 401(k) retirement plans, your investment in your tax-favored retirement creates tax deductions for the money you invest in the plan, grows tax-deferred inside the plan, and suffers taxes only when you take the money… Read More

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