302-610-9266
Kentucky CPA & Audit Services
Bookkeeping｜Tax｜Consulting｜Audit｜Outsoucing
Bookkeeping Introduction
At PEAKUS CPAS PLLC, we specialize in providing top-tier bookkeeping services for small-to-medium enterprises (SMEs) and individuals. Our expertise spans diverse industries and regions, offering customized financial tracking, monthly reconciliations, and detailed reporting to ensure compliance and efficiency. With bilingual support in both English and Chinese, we serve a diverse clientele across the United States, simplifying your financial management with precision and care.
C Corporation Bookkeeping
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Tax Compliance: Prepare and file federal and state tax returns (such as Form 1120) for C Corporations.
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Payroll management: Process employee payroll, W-2 forms, and 1099 contractor payments.
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Financial statements: Generate balance sheets, income statements, and cash flow statements.
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Tax planning: Optimize tax strategies and reduce the double tax burden of C Corporation.
S Corporation Bookkeeping
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Tax reporting: Assist with the preparation of Form 1120S and K-1, and process shareholder distributions.
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Compliance support: ensuring compliance with IRS eligibility requirements for S corporations (such as shareholder limitations).
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Cost Allocation: Track and manage shareholders' personal and company expense allocations.
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Quarterly Tax Estimates: Helps calculate and pay quarterly estimated taxes.
LLC Bookkeeping
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Flexible accounting: Customized accounting solutions are provided depending on whether the LLC is a single-member or multi-member company.
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Tax election support: Assistance with choosing to file taxes as a sole proprietor, partnership, or corporation.
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Income and Expense Tracking: Provides LLC members with a clear record of profit distribution.
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State-level compliance: Dealing with state franchise tax and annual reporting requirements.
Partnership Bookkeeping
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Partnership agreement support: recording partners’ contributions, profit and loss allocations.
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Form 1065: Prepare and file a partnership's federal tax return.
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Partnership Form K-1: Generates a tax distribution form for each partner.
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Financial transparency: Provide transparent reporting of income and expenditure among partners.
Sole Proprietorship Bookkeeping
Schedule C Preparation: Prepare federal tax Schedule C for self-employed individuals.
Personal and Business Separation: Helps to distinguish between personal and business income/expenses.
Tax deduction optimization: Identify deductible business expenses (e.g., home office, vehicle use).
Simple accounting system: provides easy-to-use accounting templates or software support for small businesses.
Personal accounting services
We offer high-net-worth individuals confidential and precise personal accounting services. By clearly recording daily income and expenses and asset details, we help you effectively manage cash flow, ensure data compliance, and provide solid data support for annual tax filing and long-term asset planning.
Tax Filing Service Overview
Our tax filing services ensure that individuals and businesses submit accurate and timely returns. We focus on optimizing tax strategies to maximize deductions, process federal and state returns, and offer bilingual support in English and Chinese. We prioritize compliance and easily guide you through complex tax regulations.
Corporate Tax Filing
Applicable to: C corporations, S corporations, LLCs, partnerships, startups, small and medium-sized enterprises, etc.
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Industry customization:
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Retail/e-commerce: Manage multi-state sales tax and marketplace fee taxes.
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Real Estate: Handling rental income, property taxes, and 1031 exchanges.
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Personal tax declaration
Applicable to: self-employed individuals, freelancers, employees, high-income earners, etc.
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Industry customization:
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Freelance/Creative Industries: Managing irregular income and business expenses.
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Food/hospitality: Processing of tip income and related deductions.
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Declaration of other taxes
Applicable to: retailers, e-commerce, manufacturing, service industries, interstate businesses, etc.
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Industry customization:
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Retail/e-commerce: Manage multi-state sales taxes and marketplace (e.g., Amazon, Shopify) taxes.
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Manufacturing/Transportation: Handles use and excise tax compliance.
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Consulting Services
PEAKUS CPAS PLLC provides professional accounting services, ensuring financial compliance and efficiency for U.S. SMEs and Chinese-American businesses. With bilingual English-Chinese support, we help you manage finances effortlessly and boost business confidence.
Audit Services Overview
PEAKUS CPAS PLLC provides authoritative and objective financial audits and assurance services. We strictly adhere to U.S. Generally Accepted Auditing Standards (GAAS) to provide companies with in-depth financial reviews, helping to enhance financial transparency and credibility. Our bilingual team ensures rigorous and compliant processes, helping you build robust market trust.
Financial Statement Audit
We provide the highest level of assurance services. Through in-depth testing of accounting records and physical verification, we rigorously assess the truthfulness and fairness of financial statements. Our audit report provides "reasonable assurance," serving as a gold standard for companies applying for large bank loans, securing significant financing, or meeting government regulatory requirements.
Financial Statement Review
Medium-level assurance services. The review primarily provides "limited assurance" through analytical procedures and management inquiries. Its compliance requirements are lower than auditing but higher than preparation. This approach is moderately costly and ideal for SMEs that need to demonstrate financial transparency to third parties but have not yet met the mandatory requirements of auditing.
Financial Statement Preparation and Arrangement
Basic accounting consolidation services. We assist management in transforming raw financial data into standardized financial statements. While we do not provide any form of audit assurance, statements prepared by a professional CPA firm are more standardized and effectively meet the needs of internal management, tax preparation, or simple credit assessment.
Special audit
In-depth audits targeting specific financial items or compliance needs. We can conduct specialized audits on specific items (such as revenue verification, inventory checks), M&A due diligence, or specific contract compliance, based on your specific requirements. Through tailored procedures, we provide you with precise data support and risk assessments, resolving specific management or legal disputes.
Introduction to Financial Outsourcing Services
Our financial outsourcing services provide you with a customized "cloud-based finance department." By integrating advanced accounting technology with a team of experienced experts, we not only handle accurate accounting but also deeply participate in your business decisions. Whether you are a startup or a mature company, we can help you optimize costs, reduce compliance risks, and allow you to focus on the growth of your core business.
Part-time bookkeeping agency
A solid financial foundation. We handle daily income and expense classification, bank reconciliation, and accounting. We ensure every transaction is accurately categorized and generate real-time, transparent financial statements, laying a strong foundation for your subsequent tax filing and auditing work.
Salary Management and Reporting
A hassle-free HR compliance solution. Handling complex employee payroll calculations, withholding taxes, and quarterly and annual payroll tax returns (such as Forms 940 and 941). We ensure your business strictly complies with state and federal labor laws, avoiding costly penalties for misconduct.
Outsourced CFO
High-end strategic decision support. A senior certified public accountant will act as your virtual CFO, providing budget preparation, cash flow forecasting, profit and loss analysis, and financing support. We use in-depth data analysis to identify potential operational risks and assist you in developing long-term business growth strategies.
Sales Tax and Compliance Consulting
Navigating complex interstate taxation. We offer sales tax registration, calculation, and filing services for e-commerce and multistate businesses. We also monitor Nexus (tax liaison) requirements across different states to ensure your business remains tax compliant nationwide.
