Services – Jerome C Olsen CPA P.C.

Our firm works hard to meet all deadlines set forth by the Internal Revenue Service (IRS) and by our clients. We strive to provide total financial services to individuals, large and small businesses as well as other agencies.

Our reputation throughout the Gulf Coast is one that serves our community with respect, dedication, quick responses and thorough knowledge of tax laws for almost any situation. As a fixture in our community for 40 years, our service has grown through client referrals. We are a respected group who will work hard for you.

We will help you with your tax issues! Check out our service pages for a complete list of what we offer and for more information about each tax area we specialize in.

  • Tax Planning and Return Preparation
  • Complete Accounting Services
  • Entity Selection (Proprietorship, Partnership, LLC, Subchapter S Corporation, C Corporation)
  • Compilations and Reviews
  • Estate Planning
  • Monthly Bookkeeping
  • Payroll Generation
  • Payroll Taxes
  • Quickbooks and Other Accounting Software – Installation & Support
  • Litigation Support
  • Forensic Accounting

Tax Laws

We combine our experience and expertise with a high-energy staff so that each of our clients receive the best service possible. This includes keeping up with the changes in tax laws that impact the families and businesses of our area.  

At Jerome C. Olsen, CPA, P.C., we consider the big picture, which is that we care about the families and the small businesses that make our communities thrive. We want to see you succeed and we understand the impact an error in tax filing can have on your family and your business. Our high standards, attention to detail and our specialized staff set us apart from other firms. The greatest asset we have to offer is our knowledge, and our goal is to serve our clients with the highest quality of service on the Gulf Coast.

Tax Planning

Tax planning is the key to success for you and your small business. At Jerome C Olsen, CPA, P.C., we go beyond simple compliance and advise our clients with a recommended tax state strategy for our clients.

 

We will help you:

  •    Grow and save your assets
  •    Reduce the taxes you pay
  •    Reduce the taxes on your IRA another retirement distribution like 401K
  •    Reduce taxes paid on your investments, like rental property or vacation home
  •    Reduce taxes on your estate
  •    Keep more of the money you earn!

Resources for Our Clients

Jerome C. Olsen, CPA, P.C. provides expert tax services for individuals and businesses along the Gulf Coast, including tax planning, tax return preparation, estate planning, forensic accounting, payroll services and more.

We are providing this important information, along with links for further reading, for your frequently asked questions. Please consult with us for more information and to complete these forms.

Affordable Care Act Compliant

The Affordable Care Act contains comprehensive health insurance reforms and includes tax provisions that affect individuals, families, businesses, insurers, tax-exempt organizations and government entities. These tax provisions contain important changes, including how individuals and families file their taxes. The law also contains benefits and responsibilities for other organizations and employers.

(https://www.irs.gov/affordable-care-act)

Social Security Withholding Tax for Employees

The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total. Contact our office if you have further questions or would like for us to handle your payroll.

(https://www.irs.gov/taxtopics/tc751)

Small Business Health Care Credit

Federal law gives a tax credit to eligible small employers who provide health care coverage to their employees. Questions and answers provide information on the credit for tax years beginning in 2014. Contact us for assistance in claiming this credit on your taxes.

(https://www.irs.gov/newsroom/small-business-health-care-tax-credit-questions-and-answers)

Jerome C. Olsen has been serving clients along the Gulf Coast for more than 40 years.

Our services will keep your business on track so that you have a clear picture of your bottom line.

We provide expert tax services for individuals and businesses. Contact us today for more information.