Small Business Accounting Services
At Thomas J. Palm, PA we focus on providing practical accounting solutions for small business owners. From new ventures to established companies, our Baltimore, MD Accountant offers the right combination of accounting services, tax strategies and personal service to match your needs and budget.
We’re sensitive to the fact that small businesses need to maximize resources in order to succeed in today’s economy so we provide the tools you need to stay on top of your finances. We make sure your bookkeeping is organized and up to date, provide detailed financial reports and develop a comprehensive tax plan to minimize taxes.
We invite you to take advantage of our free initial consultation to explain the accounting and bookkeeping needs of your business. Call 443-927-7180 now to schedule an appointment.
Full-Service Accounting and Bookkeeping
We keep our small business clients on track financially with bookkeeping, budgeting, regular financial statements and cash flow management.
In addition to annual tax preparation, we’ll design an innovative tax planning strategy that will reduce your tax burden and allow you to keep more of your profits. We provide corporate, partnership, multi-state, and individual, tax services.
If you’re starting a new business we can advise on which entity is right for you. We can also help you prepare a business plan, find sources of capital and secure a business loan.
Our business consulting solutions will limit expenses, improve operations and enhance profitability so your business can grow.
We can file back taxes, provide audit assistance and deal with the IRS on your behalf to settle a variety of tax problems like liens, levies and wage garnishment.
From initial setup and training to ongoing QuickBooks support, we’ll make sure you’re using this accounting software to the fullest and maintaining accurate records throughout the year.
Besides processing payroll for your employees, we’ll handle unemployment claims and submit all your State and Federal payroll tax filings on time.
Compilations and Reviews
We offer compilations of financial statements or conduct a review for a higher level of service with limited assurance.
Estate and Trust Planning
We listen to your needs and concerns then formulate an estate plan that reflects your personal financial goals and protects your assets for the next generation.
Tom Palm Jr. has earned the special designation of being a Certified Tax Coach (CTC). This means he is an expert in tax planning strategies and has the ability to identify tax credits, deductions, and loopholes that the average CPA, accountant, or Enrolled Agent does not know how to find. He will put his skills to work for you.