OUR SERVICES

Let us help you make your financial goals a reality

Sunflower field in Kansas used as the background header image for MIG Accounting services page.

Accounting

Our accounting services provide you with the information you need to make sound business decisions.

Tax Returns

From individual prep to sales tax, rely on experienced tax experts to make sure you pay on time and by every deadline, accurately.

New Business Setup

Whether this is your first venture or you are a seasoned entrepreneur, let us handle the paperwork while you get building.

Audit

Audit stress quickly diminishes when you have experienced professionals helping you build processes and stay compliant.

Not sure what services are right for you?

Together, we can assess your current financial situation and identify opportunities for improvement.

Testimonials

FAQs

What documents do I need to file my business taxes?

Gather income statements, balance sheets, expense records, prior-year returns, and any relevant receipts. We’ll guide you through any additional documents needed based on your business type.

What is the difference between an LLC and an S Corporation for tax purposes?

LLCs have flexible tax treatment options, while S Corporations can offer tax advantages by reducing self-employment tax. We’ll advise on the best structure based on your business’s needs.

How long should I keep my business tax records?

The IRS generally recommends keeping records for at least three years, but certain documents should be kept longer. We’ll advise you on record retention policies to ensure compliance.

Should I make estimated tax payments?

If your business doesn’t withhold taxes, quarterly estimated payments are necessary to avoid penalties. We’ll help calculate and set up your estimated payments to keep you compliant.

How can I reduce my business’s tax liability?

Effective tax planning, expense tracking, and understanding eligible deductions can help minimize liability. Our team can assess and implement strategies specific to your business.

Are there any new tax credits or deductions for small businesses?

Yes, tax laws update frequently, and we keep track of new credits or deductions that may benefit you, such as the Employee Retention Credit or work opportunity credits.

What happens if I miss a tax filing deadline?

Penalties and interest may apply for late filings. If you’ve missed a deadline, contact us immediately—we can help with extensions, penalty abatement, and getting back on track.

When are business tax returns due?

For most businesses, returns are due on March 15 (for partnerships and S corporations) or April 15 (for C corporations). Deadlines vary for fiscal year filers; we can help you determine your specific due dates.

Can I deduct my home office expenses?

If your home office is used exclusively for business purposes, you may be eligible to deduct certain expenses. We can help you determine if you qualify and calculate allowable deductions.

What expenses are deductible for my small business?

Common deductible expenses include rent, utilities, supplies, employee wages, and business travel. We’ll work with you to ensure you’re claiming all eligible deductions.

You do what you do best,

and let us do what we do best!