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Accounting and Bookkeeping Services in Olathe, Kansas
Olathe small businesses trust 1-800Accountant's expert CPAs to handle their bookkeeping and tax needs, giving owners more time to focus on what matters most—growing their companies.
Our Accounting Services for Olathe Small Businesses
Business Tax Preparation: Have your taxes prepared and filed by a CPA with expertise in your industry so you're always confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Olathe tax preparation to them!
Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial insights that empower you to make important data-backed business decisions. This meticulous process delivers essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business tax advisor. Strategic planning helps minimize your business tax liability in Kansas throughout the year while ensuring compliance.
Payroll: Save hours each pay period with comprehensive payroll services handled for you, with regular tax submissions to the city of Olathe, ensuring accuracy and freeing you to focus on other vital aspects of your business.
Business Formation: Enjoy the advantages of officially establishing your business in Kansas with our complimentary incorporation services. Simply cover any Olathe fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as you experience the benefits of an optimized business structure and maximum tax savings.
Discussing your business taxes with 1-800Accountant is quick and easy:
- Set up a time for us to give you a call.
- Tell us what’s going on with your business.
- Get matched with an accountant who knows your industry & local regulations.
| Level | Rate |
|---|---|
| State Tax Rate | 6.50% |
| County Tax Rate | 1.48% |
| Municipal Tax Rate | 1.50% |
| Combined Sales Tax Rate | 9.48% |
| City-Specific Taxes |
|---|
| Olathe businesses pay Kansas's Corporate Income Tax at 4% of net income, plus a 3% surtax on net income over $50,000. |
| Licenses and Permits |
|---|
| Olathe, Kansas does not require a general business license for most businesses, but certain activities require specific permits: • Commercial building permits are needed for construction, remodeling, or tenant finishes • Temporary sales and events permits for pop-up operations or special events • HAZMAT permits for businesses storing or handling hazardous materials • Backflow prevention compliance for businesses with equipment connected to the city water system |
| All new businesses must ensure compliance with zoning regulations before opening. |
| Grants and Funding in Olathe | Grants and Funding Information |
|---|---|
| Kansas BASE Grant (Building a Stronger Economy) | This grant provides funding for infrastructure investments tied to economic development projects, including the development of new business parks and facilities. Administered by the Kansas Department of Commerce, the BASE 2.0 grant can help Olathe businesses involved in expansion or new facility development. |
| City of Olathe Economic Development Incentives | The City of Olathe's budget includes funding to support infrastructure and economic initiatives, which can benefit local businesses through improved services or through direct partnerships in municipal projects. These local incentives are designed to stimulate growth and development within the Olathe business community. |
| NetWork Kansas Funding Resources | NetWork Kansas connects entrepreneurs with a network of funding partners and resources across the state. They support both new and established businesses in Olathe with access to capital, mentorship, and grant opportunities through various programs designed to stimulate economic growth in Kansas communities. |
| Kansas Small Business Development Center | While not a direct grant provider, the Kansas SBDC helps Olathe businesses identify and apply for appropriate funding opportunities. They offer guidance on accessing state grants, loans, and other financial resources available to Kansas small businesses, along with support through the application process. |
What to Look for in Olathe, Kansas Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Olathe small business, you should consider the following factors:
Certifications and State Compliance: Verify the accountant or bookkeeper holds proper credentials, such as CPA licensure. They should demonstrate thorough knowledge of Kansas tax regulations, including the state's unique sales tax structure and reporting requirements that differ from neighboring Missouri.
Experience and Specialization: Find professionals familiar with Olathe's business landscape. The city hosts numerous technology companies (including Garmin headquarters), healthcare facilities, and retail businesses—each with distinct financial needs. An accountant experienced in your specific sector will provide more targeted advice and identify industry-specific deductions.
Understanding of Local Economic Conditions: Select a professional who comprehends Olathe's economic environment within the greater Kansas City metro area. They should recognize how the city's strong growth rate affects local businesses and can help you navigate opportunities in expanding sectors like technology, healthcare, and logistics.
Knowledge of State Tax Incentives: Kansas offers various business incentives, including the High Performance Incentive Program (HPIP), property tax abatements, and research tax credits. An Olathe-based accountant should help you identify which programs apply to your business and maximize available benefits, particularly for businesses in manufacturing, technology, or bioscience sectors.
Talk to a business tax expert today for all your tax needs in Olathe.
Additional Kansas Accounting Resources:
Virtual Bookkeeping: How To Find the Best Online Bookkeeper
CPA vs. Tax Preparer: Which Is Best for Your Business?
10 Common Small Business Tax Questions Owners Are Asking
*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.