Plan your Business Strategies with Ed Lloyd & Associates, PLLC
Ed Lloyd & Associates is a renowned and reputed firm established in 1994 to provide exceptional accounting and tax planning services to the businesses and organizations. The managing director of the firm is Ed Lloyd, who holds a degree of B.S in Accounting. He personally understands the needs of his clients in different situations and then suggests them necessary steps to be taken in order to guard your financial stability.
Ed Lloyd CPA, PFS, CTC, along with his team pay attention to all the aspects of the tax planning and accounting. At no point in time, they feel like winding up the things in a hurry, but pay adequate attention to all the aspects of accounting to ensure you get the value for your hard earned money. You do not need to worry when you know a highly skilled group of professionals is there to aid you. They know that planning is the most basic requirement for managing taxes. They properly plan tax beforehand and advise you the best ways to minimize it.
The team at Ed Lloyd CPA, PFS, CTC provide various services like Bookkeeping Services and Accounting Services, setting up the quick books, as well management of wealth. With them, you can feel safe and secure as the information shared by you is kept confidential and not disclosed to anyone. The professionals take the appropriate time and listen to every minute detail of the clients. They help you in identifying the mistakes and opportunities available and thus plan accordingly. When you can get so many benefits, then what are you waiting for? Contact them now!
TRUST YOUR FINANCIAL NEEDS WITH ED LLOYD CPA FOR SUPERIOR BUSINESS FUNCTIONING
GIVE YOUR BUSINESS A VIABLE TOUCH WITH THE EXPERT FINANCIAL SERVICES OF ED LLOYD & ASSOCIATES PLLC
Outsourcing your accounting services to the highly skilled, talented and experienced professionals can decrease half of your burden. It is not only a good way to keep a finger on the financial status of your company but also crucial for reaching to informed decisions. Constant pressures to enhance business performance have encouraged many business executives to search for new approaches, including outsourcing of financial information to the leading companies.
Ed Lloyd & Associates PLLC is a Charlotte-based firm that has been delivering impeccable accounting and tax planning services in the United States and beyond. In the current exigent business atmosphere, a large number of businesses are outsourcing their requirements for accounting services to practiced vendors. An outsourcing partner like Ed Lloyd & Associates can deliver advanced outcomes whilst decreasing costs at the same time. Adopting this strategy can also help you focus on strengthening strategic areas and enhancing the performance of the business.
There is a long list of happy customers that can speak for the professionalism and expertise of Ed Lloyd CPA. They go an extra mile and ensure everything is done meeting the highest grades of quality. Outsourcing your financial services to Ed Lloyd & Associates is one of the wisest decisions that you are going to make in your lifetime. They will not only upkeep your financial information on a regular basis but also help you in reaching informed decisions.
If you have not contacted the professionals of Ed Lloyd & Associates, then contact them now and end all your finance related troubles instantly.
WHAT IS A CERTIFIED PUBLIC ACCOUNTANT? WHAT WORK DOES A CPA DO?
WHAT KIND OF CPA SKILL SET YOU NEED TO SUCCEED?
If you recoil in fear after hearing the word ‘tax’, then there is a good news for you to be happy. Ed Lloyd Associates PLLC is a trusted source from where you can get expert tax planning and accounting services at highly competitive prices. Preparing taxes on your own is quite a daunting task. It would not only drain you physically and mentally, but also consumes lots of time. To help you prepare taxes and file back taxes, there comes the need of professional tax planners into play.
Ed Lloyd & Associates, PLLC is a trusted name to reckon with if you are in search Tax planning with the best law firm. Hiring a tax expert like Ed Lloyd and Associates can benefit you in every aspect to all types of taxpayers, be it an individual or a company. They create an optimal entity structure for you and your business so that the tax benefits can be maximized and you can avail the benefits of legal assets protection. They also develop strategies to meet the long term objectives and goals. Their main goal is to maximize your income and minimize the taxes.
When everything is as desired, you can focus on how to enhance the productivity and performance of your company. Get a clear picture of the financial status of your company with Ed Lloyd and Associates. They offer much more than it could be elaborated in the words. Contact them now to know more about them.
ED LLOYD CPA | KNOW SECRET TO A SMOOTH TAX SEASON
TRUST YOUR BUSINESS ACCOUNTS AND TAXES WITH THE MOST TRUSTED CPA | ED LLOYD CPA
The success of any business largely depends on the accounting system and how you manage your financial records. You need to streamline financial records on a daily basis not just as required by CPA but also to keep a finger on the pulse of the financial status of your company. Ed Lloyd and Associates PLLC is a firm based in Charlotte, the United States that brings its years of expertise, knowledge, and skills to deliver exceptional accounting and tax planning services.
Ed Lloyd and Associates PLLC is a team of highly skilled, passionate and enthusiastic professionals who are resolved to pass on meticulous accounting and tax planning services. They make sure that all your financial documents and reports are kept in an updated manner so that you do not end up facing losses. Updated and accurate financial documents instill strength into your business. The professionals of Ed Lloyd CPA goes an extra mile and make sure you get the best quality services each and every time.
Edward Lloyd provides solutions completely tailored to meet your business needs because they understand every business is unique and so are the needs. When you would trust your job with them, they would not offer you off-the-shelf financial services, but deliver you top notch accounting services that totally assimilate your business problems. Make the accounting and tax planning process lot easier with the team Ed Lloyd and Associates PLLC in the United States.
ED LLOYD & ASSOCIATES- ONE SOLUTION FOR ALL YOUR ACCOUNTING NEEDS
HIGH CUSTOMER-ORIENTED ACCOUNTING SERVICES OF ED LLOYD & ASSOCIATES
It is important to secure your children future when they are totally dependent upon you. You are the only one who can only provide a safety net around them, suggests Ed Lloyd & Associates PLLC, one of the leading tax management firms in the United States. Read More →
Paying income tax can be a threat to many of the business owners. But proper tax planning can make you feel confident about paying income tax on time, says Ed Lloyd & Associates, a tax expert who helps you in reducing the audit risk and help you prepare proper documents for all your finances. Many people ignore tax planning and do not even think about the amount of taxes they have to pay. Then they regret at the time when they have to pay a huge amount in taxes.
It is important for you to plan for your taxes as they are bound to have priority demands in any company’s cash flow. There are a number of benefits of strategic tax planning if done in a proper manner.
Tax planning is not a single time process, rather, it is an ongoing process that continues with your every purchase, says Edward Lloyd. There are a number of tax planning strategies available for a person and some of them are:
- Reducing your taxable income
- Decrease your tax rate
- Paying tax on time
- Checking for any tax credit availability
- Making retirement plan contributions
According to Ed Lloyd CPA, a strategic tax plan always consists of a proper and customized tax strategy that is completely built around your objectives. The first area to analyze is your desire and need that is making you pay heavy taxes at the end.
A firm foundation plan is needed in strategic tax planning. All the sources of income need to be studied in order to determine the best way to decrease the taxable income, says Edward Lloyd. One of the methods of strategic tax planning includes that you must get every tax deduction that you are entitled to under US tax code.
Another way to save on your taxes is to increase your entertainment expenses as these expenses are great deductions. Even you can get business automobile deductions as well. All these deductions can make you happy after paying your income tax.
Are you facing financial problems? Read – Best Advice on Financial Problems Faced by Young Generation by Ed Lloyd & Associates
ED LLOYD CPA | KNOW SECRET TO A SMOOTH TAX SEASON
TAX PLANNING WITH BEST LAW FIRM – ED LLOYD AND ASSOCIATES, PLLC
Tax Benefits for Senior Citizens
According to Ed Lloyd & Associates PLLC, the number of senior citizens and retired people in the USA is growing at a very fast rate. When a person turns 65, the way he files his taxes changes. It should be noted that there is a major difference between a retired person and a senior citizen. A retired person is someone who has completed his term of full-time work. On the other hand, a person who is of the age 65 or more is known as a senior citizen.
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Popularly known as contribution plans, 401 (k) is your key to smart saving towards retirement based on tax-deferred aspect. That is to say, now you don’t have to pay state taxes on savings or even their investments until retirement when you actually withdraw your money. But the benefits don’t end there. Experts at Ed Lloyd & Associates PLLC give you a clear picture of what 401 (k) exactly is and the pros of vouching for it.
Interestingly, there are many employers who sponsor a retirement savings plan for the betterment of their employees through various plans. The fact is that tax rate is low at the time of retirement than during working years and when you pay tax on your retirement; you eventually pay a lot less on your savings. Now these 401(k) plans are for public or private for-profit companies’ employees. Under these plans, a regular amount is cut from your salary before you are made to pay taxes, which reduces the amount income which is taxable and so you end up paying less tax. You can also put money aside on after-tax basis under this plan. Read More →
Today, more than 4 million firms across the world are using smarter applications to use make their accounting hassles convenient to deal with. The introduction of Quick Books in the world of numbers is one big relief. For those who are new to the concept of Quick Books, experts from Ed Lloyd CPA offers insight into the way it works and can be used to make the most of it. Before delving into the details, it’s important to know what these Quick Books really are. Quick Books is bookkeeping software that uses various accounting processes in one single system.
The basic function of a Quick Books is to make tracking sheets, spreadsheets and various tasks convenient. These also help you in maintaining your tax planning. The most interesting part is that users can modify it according to their needs. Read More →
Strategies for Tax Planning to save your the precious dollars:
Ed Lloyd & Associates PLLC believe that small business owners overpay a lot of money on tax every year whereas this money can be saved and used for business purposes. They recommend strategic tax planning which ensures that the business owners pay the least amount of tax.
Claiming the Deductions which the Business is Eligible For:
Ed Lloyd CPA recommends that first and foremost the business owners should be aware of all the deductions which they can claim. The two most common deductions which all small business owners are eligible to claim are
If a business owner has an office at his home, then he is eligible to deduct a part of the office expenses in relation to the area that he uses as office at home. Some of the common expenses that a person using a home office is eligible to claim are
- Property Taxes
- Repair and Maintenance
- Mortgage Interest
- Home Insurance
If a business owner uses a car for his business purpose then he is eligible to claim the portion that he uses for work purpose. This could include driving to and from work or driving for other business needs. The expenses that can be claimed are
- Oil and Fuel
- Repair and Maintenance
- Tolls and Parking
Benefiting from Splitting the Income:
A person is required to pay more taxes if he earns more income. Thus, Ed Lloyd & Associates PLLC recommends that splitting the income with a family member could help in reducing the income and thereby the taxes. The IRS allows this strategy if the person with whom the income is split actually works for the business and is paid the same amount that other people on the same post are being paid.
Incorporating the Business:
If a business owner has enough resources to handle the costs that occur on incorporating a business and if a business can save tax money by incorporating it is always advisable that the business owner incorporates his business.
Ed Lloyd & Associates PLLC recommend these strategic tax planning tips for business owners to save on taxes.
Want to know about the services of Ed Lloyd & Associates? Read – Tax Services of Ed Lloyd & Associates PLLC
TOP BENEFITS OF HIRING A PROFESSIONAL ACCOUNTANT- ED LLOYD AND ASSOCIATES PLLC
ED LLOYD & ASSOCIATES PLLC: ONE OF THE BEST FINANCIAL ADVISORS IN CHARLOTTE