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Accounting and Bookkeeping Services in Shreveport, Louisiana
Small business owners in Shreveport can trust 1-800Accountant's experienced CPAs to handle bookkeeping and tax preparation, giving you more time to focus on what matters most—growing your business.
Our Accounting Services for Shreveport 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 Shreveport 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 Louisiana 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 Shreveport, 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 Louisiana with our complimentary incorporation services. Simply cover any Shreveport 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 | 5.0% |
| County Tax Rate | None |
| Municipal Tax Rate | 4.6% |
| Combined Sales Tax Rate | 9.6% |
| City-Specific Taxes |
|---|
| Shreveport requires all businesses to pay the Occupational License Tax. This annual fee is based on gross receipts, usually $0.35 per $100 of receipts, with a minimum payment of $25. Renewals and payments are due by March 31 each year. |
| Licenses and Permits |
|---|
| Every business operating in Shreveport must obtain an Occupational License from the City of Shreveport Department of Finance before opening. |
| Before applying for your Occupational License, you must register with the Sales and Use Tax Office and obtain a Certificate of Occupancy through the Office of Zoning Administration. |
| All Louisiana businesses must also register their business entity with the Louisiana Secretary of State and register for state sales tax with the Louisiana Department of Revenue if selling taxable goods or services. |
| Certain professions may require additional state-level professional licenses depending on your specific business activities. |
| Grants and Funding in Shreveport | Grants and Funding Information |
|---|---|
| Downtown Development Authority Lighting Grant | Provides up to $2,000 for improving exterior and interior lighting to enhance safety and appeal for businesses located in the Downtown Development District. |
| Shreveport Inner-City Economic Development Initiative Loan Program | Created by Shreveport Community Development to assist small businesses that have faced challenges acquiring traditional funding. Eligible applicants must have been previously turned down by a public financial institution. Funds can be used for inventory, equipment purchases, construction, renovation, and other business expenses. |
| Small and Emerging Business Program | Designed to provide small businesses with contracting and purchasing opportunities. Qualifying businesses must have a net worth under $1.5 million and be at least 51% owned by individuals with personal net worth of $400,000 or less. |
| Restoration Tax Abatement | Provides a five-year, 100% property tax abatement for rehabilitating existing structures located within economic development districts, with potential for a five-year renewal. |
What to Look for in Shreveport, Louisiana Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Shreveport small business, you should consider the following factors:
Certifications and Louisiana Tax Expertise: Select professionals with proper credentials such as CPA licensing and demonstrated knowledge of Louisiana's unique tax structure. Look for accountants familiar with Shreveport's local tax ordinances and Louisiana's parish-based tax systems that differ from standard county structures in other states.
Industry-Specific Experience: Prioritize accountants with experience serving Shreveport's growing sectors. A professional who has worked with healthcare providers, tourism businesses, or logistics companies will better understand the financial challenges specific to your industry. This specialized knowledge proves particularly valuable for businesses in Shreveport's expanding healthcare corridor or those connected to the region's entertainment economy.
Understanding of Local Economic Conditions: Choose a financial professional who comprehends Shreveport's unique economic landscape. They should recognize how the city's position as a regional medical hub, its growing craft brewing scene, and its role as a logistics center affect local business operations and financial planning strategies.
Knowledge of Regional Tax Incentives: Louisiana offers distinctive tax advantages through programs like the Digital Media Tax Credit and the Quality Jobs Program. A Shreveport accountant should help you navigate these opportunities along with local incentives designed to stimulate business growth in the I-20 corridor and downtown revitalization areas.
Talk to a business tax expert today for all your tax needs in Shreveport.
Additional Louisiana Accounting Resources:
How to Calculate Quarterly Estimated Taxes in 2024
Virtual Bookkeeping: How To Find the Best Online Bookkeeper
How Much Will A CPA Cost (And Save) Your Small Business?
*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.