About Us

• Vector Tax & Accounting Services delivers individual and small
  business tax solutions in bookkeeping, tax preparation and accounting along
  with their expert know-how to save hard-earned profits. Much
  of the confusion in small business tax accounting comes from sole
  proprietorship IRS reporting requirements. A sole proprietor is anyone who owns
  an unincorporated business by him or herself. As a sole proprietor of a
  business, the individual owner must report the business’ income and losses on
  their personal IRS income tax return. With out a doubt, trained and effective
  bookkeeping expertise will keep these balances in order. But, even more importantly,
  good bookkeeping and accounting will demonstrate any possibilities for a
  business to save money. And who doesn't love to save money?In
  particular, Vector Tax & Accounting Services analyze accounting and aid
  with QuickBooks to assess a business’ possibilities for incorporation. The
  secret to saving lies in eliminating ‘self-employment taxes’, which are
  required of the sole proprietor business owner. Sole proprietors must pay these
  ‘self-employment’ taxes on all of the
  income of the business as if it were their own income, regardless of whether they
  use the income or save it for reinvestment into the business. Incorporation,
  however, creates a separate entity, whereby even as a single business owner of
  an incorporated entity the owner must only pay personal income tax on the
  salary or income they receive from the newly incorporated entity. A
  good bookkeeping and tax preparation service will help you make these
  assessments as you navigate your business’ possibilities and find the best
  solutions to your tax accounting needs. To find out if incorporation is right
  for your small business, or to receive expert business advice and tax
  preparation, visit Vector Tax & Accounting Services online or call (860) 580-5183.