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Our Services

Mark B. Lackie, PC provides a wide range of services to individuals and businesses in a variety of industries. At Mark B. Lackie, PC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.

Our professional services include:

Payroll Services

We now offer payroll preparation services through one of the major payroll companies. We act as a wholesaler of their product. Basically, we become a middleman between you and the service. We will contact you and obtain the payroll information. Next, we will input it into the payroll service's website who will then prepare the paychecks (including direct deposit), prepare the reports, transmit the taxes and deliver the payroll to you.

Alternatively, we can put you in contact with a representative of the payroll service company and obtain access to your reports online.

Tax Preparation Services

Our Income tax services are more than just preparing a tax return. It also includes reviewing your records and asking the right questions to maximize the deductions you are allowed. With over 20 years of experience in accounting, we have learned to ask those questions.

Further, we believe in maximizing the use of technology to provide the highest quality of service to the taxpayer. A by-product of the use of technology will be convenience for our client (especially, the individual client). For most individual clients, we will be able to take their original documents, enter them into the tax software, scan the documents into my "paperless" filing system, review the tax return and finalize the return - all in just one meeting. We can then allow the client to review their return on the screen and then print out the e-file authorization form for their signature. Then, once again using cutting edge technology, transmit that tax return right there in their presence. We will even be able to e-mail them a copy of their return.

We offer a wide variety of tax services including:

  • Individual income tax preparation (Form 1040)
  • Corporation (Forms 1120 or 1120S)
  • Partnerships (Form 1065)
  • Nonprofit organizations (Form 990)
  • Estates and trusts (Form 1041)
  • Retirement plans (Form 5500)
  • Electronic filing (e-file) of tax returns
  • Texas franchise tax report
  • State and local (city, county, etc) reports
  • Income tax planning
  • Income tax research
  • Implications of new tax laws
  • Employer identification number application (Form SS-4)
  • Election to be treated as an S corporation (Form 2553)
  • Excise tax preparation
  • Tax Agency Representation

    If you are contacted by the Internal Revenue Service or any other taxing authority, we can represent you in the matter. By law, the IRS cannot contact you directly if you have authorized someone to represent you on their behalf. Our years of experience with the IRS and other taxing authorities enables us to make sure that you are fairly treated by the taxing authority.

    If you receive a letter from IRS (or another agency), please do not ignore it. You only have 30 days to respond to a notice. Please contact us immediately and we will take care of the issue.

    1099 Reporting

    The Internal Revenue Service has began strict enforcement of 1099 reporting. We can assist you in determining if you need to file a 1099 and we can prepare the 1099 and electronically file them with the IRS.

    W2 and Quarterly Reporting

    We can assist you with the preparation of the quarterly payroll reports (Form 941 and TWC) and the annual payroll reports (Form 940 and W2). The after-the-fact payroll service allows you to process your payroll and make the payroll tax deposits; yet give you piece of mind as we review your computations and prepare your quarterly reports. At the end of the year, we will prepare your W2s and submit them to the Social Security Administration electronically on your behalf.

    Accounting Services

    From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Mark B. Lackie, PC's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial chart of account setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

    These services include but are not limited to:

    • General ledger assistance
    • Chart of account setup
    • Payroll processing
    • Cash flow budgeting and forecasting
    • Corporate tax planning and return preparation

    Start Up Assistance

    Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Mark B. Lackie, PC can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.

    We can help you with some of the most important part of a business and that is birthing it. While starting your business may be as simple as saying “Hi everyone, I’m here”; in reality it is much more complicated than that. And the decisions you make at the start have long-term impacts and can lead to major tax consequences. So, we can help you decide what form of entity you may want to have such as a sole-proprietor, a partnership, a limited liability company (LLC) or a corporation. We will explain to you the income tax implications of each of those entity choices and why some are better for you in your circumstances than others. The decision is based on who your owners are, what you are doing with your business and maybe even where you are operating from. We will work with you (and your attorney if you so desire) to get you started correctly.

    Cash Flow and Budgeting

    Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Mark B. Lackie, PC can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.

    Debt and Finance Advising

    Whether your needs are corporate or personal, Mark B. Lackie, PC's professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.

    Lease vs. Buy

    We can help you make decisions as to whether you should purchase a piece of equipment or lease the equipment. While this sounds easy, it can get extremely complicated because several issues can come into play such as the current tax laws, borrowing rates, guarantees etc. We can analyze a lease agreement for you and make a recommendation as to what you is best for you.

    Consulting Services

    As you can imagine, we are used to dealing with numbers. So, if you have a project that deals with analyzing numbers, give us a call. We can help you with just about any type of number crunching but consulting also can be analyzing the processes that the accounting records are handled.

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