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Accounting, Payroll, Sales Tax

Profitability Squared, Inc. offers the complete suite of services in the areas of accounting, bookkeeping, payroll services, local tax preparation (property tax and licensing) and sales tax preparation.  We prepare financial statements through our resident CPA on either an annual or periodic basis.  Our comprehensive payroll services include the preparation of payroll checks, management of direct deposits, payment of sales taxes and submission of required reports.  We also handle the preparation of 1099’s and make those year-end headaches go away!

Tax Problem Resolution

Our team has over 50 years of experience in assisting clients when an unexpected and unpleasant tax notice arrives from the IRS or a State agency. An example of this expertise is in our proven track record of successful reduction and oftentimes complete elimination of many punitive tax assessments. Give us the opportunity to review these notices with you in order to arrive at a plan of action.

Individual and Corporate Tax Preparation

Our firm prepares several hundred individual and corporate tax returns every year.  Our staff attends annual tax seminars in order to keep current on new tax developments.  Every return that we prepare is reviewed by a senior member of our team before being sent to the client for a further review.  We also assist in annual tax planning for our clients and can assist in retirement planning as well.  We have saved our clients millions of dollars in tax deductions. Ask about our association with Primerica!

Entity Formation and Business Consultations

The initial focus of Profitability Squared when it was formed almost twenty years ago was to provide business consulting services to emerging companies.  We specialized in business turnaround consulting and have now expanded to provide the accounting and tax services previously referred to.  We still maintain a select business consulting practice and provide assistance in the entity formation process for new businesses.  We file the initial documents with the State and Federal Agencies and get you going in the right direction with your enterprise right off the bat!