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Accounting and Bookkeeping Services in Wichita, Kansas
Simplify your business finances with expert tax services and personalized bookkeeping from 1-800Accountant, helping Wichita entrepreneurs navigate Kansas tax laws and maximize their deductions.
Our Accounting Services for Wichita Small Businesses
Business Tax Preparation: Get your taxes prepared and filed by a CPA who understands Wichita's business landscape. Our experienced professionals, averaging 17 years in the field, can help you navigate Kansas tax laws and potentially save thousands each year. By entrusting your tax preparation to our team, you'll gain peace of mind and more time to focus on growing your Wichita-based business.
Bookkeeping: Build a strong financial foundation with accurate, timely bookkeeping that provides crucial insights for your Wichita enterprise. Our detail-oriented approach delivers clear, easy-to-understand reports that help you make informed decisions. By maintaining precise records, we enable your accountant to develop financial models tailored to Wichita's unique business environment.
Tax Advisory: Kansas tax considerations extend beyond April. Our affordable tax advisory service connects you with a dedicated small business tax advisor year-round. We'll help you plan strategically to minimize your tax liability while ensuring compliance with both Wichita and Kansas regulations. This ongoing support keeps your business ahead of tax-related challenges and opportunities.
Payroll: Simplify your payroll process and save valuable time each pay period. Our comprehensive service handles all aspects of payroll, including timely tax submissions to Wichita authorities. This ensures accuracy and compliance, allowing you to concentrate on serving your Wichita customers and expanding your local presence.
Business Formation: Take advantage of our complimentary incorporation services to establish your business officially in Kansas. We'll guide you through the process, managing the paperwork while you cover only the necessary Wichita and state fees. This sets the stage for hiring employees, opening a business bank account, and optimizing your tax strategy – all crucial steps for success in Wichita's competitive market.
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 | 6.50% |
County Tax Rate | 1.00% |
Municipal Tax Rate | 0.00% |
Combined Sales Tax Rate | 7.50% |
City-Specific Taxes |
|---|
| Wichita, Kansas has a Kansas Corporate Income Tax that businesses must pay. The tax rate is 4% on the first $50,000 of taxable income and 7% on income exceeding $50,000. |
Licenses and Permits |
|---|
Most businesses in Wichita need to obtain a general business license to operate legally within the city. |
Massage therapists in Wichita are required to obtain additional city-specific licensing beyond the general business license. |
Pawn shops and solicitors operating in Wichita must secure specific city licenses in addition to the general business license. |
Grants and Funding in Wichita | Grants and Funding Information |
|---|---|
| Small Business R&D Acceleration Grants | The Kansas Department of Commerce provides Small Business R&D Acceleration Grants of up to $25,000 for Kansas-registered businesses with 50 or fewer full-time employees. Designed to support the commercialization of innovative products and services, these grants require businesses to match the grant amount. |
| SBA Microloans | Available through the South Central Kansas Economic Development District, SBA Microloans offer up to $50,000 to support various business purposes—including working capital, inventory, and equipment—for businesses in Sedgwick County, which includes Wichita. |
What to Look for in Wichita, Kansas Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Wichita small business, you should consider several important factors.
Certifications and State Compliance: Check that the accountant or bookkeeper holds the appropriate certification, such as CPA, and has a strong understanding of Kansas tax laws and compliance requirements.
Experience and Specialization: Look for a professional who has worked with businesses in your industry. Their specific experience in sectors like aerospace manufacturing, advanced manufacturing, or healthcare can be an asset when managing your business finances.
Understanding of Local Economic Conditions: Work with someone who is familiar with Wichita's economic environment. Recognizing the impact of thriving local industries such as aerospace, IT, and transportation, as well as the city's vibrant cultural heritage, can be beneficial for informed financial planning.
Knowledge of State Tax Incentives: Kansas offers tax credits and incentives to support job creation and investment. A local financial expert can help you take advantage of these benefits and provide advice on reducing your tax liability.
Talk to a business tax expert today for all your tax needs in Wichita.
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.