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Accounting and Bookkeeping Services in El Paso, Texas
1-800Accountant, America's leading virtual accounting firm, offers expert tax and bookkeeping services tailored for El Paso's small businesses, helping you navigate Texas regulations and maximize your financial potential.
Our Accounting Services for El Paso Small Businesses
Business Tax Preparation: Navigate El Paso's unique business landscape with confidence. Our CPAs average 17 years of experience in local industries, helping you comply with Texas regulations while identifying substantial tax savings. By entrusting your tax preparation to our experts, you can focus on growing your El Paso business.
Bookkeeping: Build a strong financial foundation for your El Paso enterprise with precise, up-to-date bookkeeping. Our services save you time and provide clear insights to guide your business decisions. We deliver easy-to-understand reports that give you a real-time view of your finances, empowering your accountant to create accurate financial models tailored to the El Paso market.
Tax Advisory: Texas tax considerations extend beyond April. Our affordable advisory service connects you with a dedicated small business tax advisor year-round. We help you plan strategically to reduce your tax liability while ensuring compliance with both state and local El Paso regulations. Stay ahead of changing tax laws and make informed decisions for your business's future.
Payroll: Simplify your payroll process and reclaim valuable time each pay period. Our comprehensive service handles all aspects of payroll, including accurate, timely tax submissions to El Paso authorities. This allows you to concentrate on serving your customers and expanding your business in the Sun City.
Business Formation: Take advantage of Texas's business-friendly environment by establishing your company officially. We offer complimentary incorporation services - you only cover the required El Paso and Texas fees. This sets you up to hire employees, open a business bank account, and enjoy the benefits of an optimized structure designed for maximum tax efficiency in the Lone Star State.
Filing your business taxes online with 1-800Accountant is quick and easy:
- Provide required personal and business information.
- Review and select your online business tax preparation service and complete your purchase.
- Log in to your 1-800Accountant Portal and upload documents critical to preparing and filing your taxes.
Level | Rate |
|---|---|
State Tax Rate | 6.25% |
County Tax Rate | 0.50% |
Municipal Tax Rate | 0.00% |
El Paso Co Emergency Svcs No. 2 | 0.50% |
Combined Sales Tax Rate | 7.25% |
City-Specific Taxes |
|---|
| El Paso has a Business Personal Property Tax that all businesses must pay. This tax is assessed on tangible personal property used for business purposes—including machinery, equipment, and inventory—with an appraisal conducted by the El Paso Central Appraisal District. |
Licenses and Permits |
|---|
| Certain businesses in El Paso require specific licenses, including secondhand dealers and businesses dealing with environmental compliance (hazardous waste or pollution). |
All businesses must register their name with the El Paso County Clerk's office. |
Zoning regulations may affect the types of businesses that can operate in certain areas of El Paso. |
Grants and Funding in El Paso | Grants and Funding Information |
|---|---|
| Texas Enterprise Fund | This program provides "deal-closing" grants to companies that are creating jobs and making significant capital investments across Texas, including in the El Paso region. |
What to Look for in El Paso, Texas Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your El Paso small business, consider these key factors:
Certifications and State Compliance: When selecting a finance professional, check that they have the proper credentials, such as a CPA. They should be familiar with Texas tax regulations and local compliance requirements to serve El Paso businesses accurately.
Experience and Specialization: Choose an expert with a strong background in your industry. With El Paso experiencing growth in sectors like advanced manufacturing, healthcare, and technology, working with someone who understands these areas can lead to more tailored financial guidance.
Understanding of Local Economic Conditions: Select a professional who knows the El Paso market. They should be aware of the city’s role in aerospace and defense manufacturing, logistics bolstered by its border location, and other economic drivers such as business services and government employment. This insight helps in aligning financial strategies with local trends and opportunities.
Knowledge of State Tax Incentives: A qualified accountant or bookkeeper should be well-informed about Texas tax incentives, including credits for job creation and capital investments. This knowledge supports efforts to reduce tax liabilities and take full advantage of programs that support local business growth.
Talk to a business tax expert today for all your tax needs in El Paso.
Additional Texas Accounting Resources:
Navigating Small Business Taxes in Texas
How to Start a Business in Texas: 10 Steps
How to Set Up an S Corp in Texas
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.