Tax Smart Advisors LLC is your local tax & accounting firm serving small businesses and individuals.

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Contact the tax and accounting experts at Tax Smart Advisors LLC today!

With over 25 years of experience in small business and personal accounting and tax preparation, Tax Smart Advisors, LLC is a highly experienced team of financial professionals dedicated to helping our clients make more and keep more.

How do we help our clients make more?
We work with our clients to ensure they fully understand their finances so they can make better business decisions. With informed planning and our guidance, our clients can make decisions that maximize their earning potential.

How do we help our clients keep more?
We help our clients identify actions that help them to best take advantage of their financial situation, as well as the specifics of federal, state and local tax codes. This requires our team to keep abreast of the ever-changing tax code. With our expertise, our clients won’t pay more than they legally owe.

Accounting, Bookkeeping, Tax and Consulting Services

Tax Smart Advisors LLC provides accounting and consulting services to a variety of industries. Those services include tax prep & planning, bookkeeping, payroll services, financial statements preparation & analysis, financial advisory support, business consulting, business valuation and accounting software consulting.

Tax Smart Advisors LLC, Tax & Accounting Firm Serving the Lehigh Valley | Photo: People sitting across from each other at a desk with financial documents

Tax Prep & Planning

Our tax experts will help you minimize your tax liability while meeting your full tax obligations.

Tax Smart Advisors LLC, Tax & Accounting Firm Serving the Lehigh Valley | Photo: Person sitting at desk using calculator

Bookkeeping

Better business management starts with accurate bookkeeping.

Tax Smart Advisors LLC, Tax & Accounting Firm Serving the Lehigh Valley | Photo: Two people standing at a desk pointing to post-it note

Business Consulting

Any business can benefit from the counsel of experienced, knowledgeable accountants.

Tax Smart Advisors LLC, Tax & Accounting Firm Serving the Lehigh Valley | Photo: People sitting across from each other at a desk with financial documents

Financial Statements

Basing your company’s decisions on guesswork and gut instinct can be a recipe for failure in today’s environment.

Tax Smart Advisors LLC, Tax & Accounting Firm Serving the Lehigh Valley | Photo: Person sitting at desk using calculator

Business Valuation

Having an accurate valuation is essential to successful business planning.

Tax Smart Advisors LLC, Tax & Accounting Firm Serving the Lehigh Valley | Photo: Two people standing at a desk pointing to post-it note

Payroll Services

Reliable payroll services are essential to good employee relationships and sound business management.

You should start reviewing your records now to determine what contractors and freelancers require a 1099 form - either 1099-MISC or 1099-NEC - from your business. How do you know which to send?The 1099-NEC form is used to report any nonemployee compensation of $600 or more to an independent contractor, sole proprietor, partnership or LLC. The compensation (or income) reported includes fees, benefits, commissions, prizes and awards, and other forms of compensation.The 1099-MISC form is used to report payments of $600 or more that aren't nonemployee compensation paid to an individual or LLC. Those payments may include rent, legal fees, healthcare, royalties and prize winnings.Form 1099-NEC is due to the recipient and IRS (eFile or paper filing) by January 31, 2024. Form 1099-MISC has different due dates for the recipient depending on the information contained (or not contained) in Box 8 or 10 of the form. For 1099-MISC forms with no data in Box 8 or 10, the recipient must receive it by January 31, 2024. If there is data in Box 8 or 10, it's due to the recipient by February 15, 2024. Whether Box 8 or 10 has data or not doesn't affect the due dates for the IRS - paper filing is due February 28, 2024 and eFile is due March 31, 2024.Have questions? Let us know. ... See MoreSee Less
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Looking to cut some expenses in 2024? Now is a good time to review your current expenses to see if there's any room to make some changes before we head into the new year...1. Review your subscriptions. Make a list of your monthly subscriptions, then consider how often you use them each month and if any have overlapping benefits. By making this list, you may find that you're paying for subscriptions that you completely forgot about and don't use. Even trimming just a few from your monthly spend can make a difference.2. Shop for insurance. You may think the longer you're with an insurance company, the better your rates. That's not always true. Consider shopping around and comparing insurance rates to your current policies.3. Start using a budget. Use a budgeting app to help you create a monthly budget so you can visualize how much you have available to spend in various categories once your essentials are covered. Once you've created it, it's important to keep the budget updated throughout the month so you have an accurate snapshot of your available cash at any time. ... See MoreSee Less
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DISCLAIMER

No Rendering of Advice
The information contained within this website is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax, or financial advice from a professional accountant. Presentation of the information via the Internet is not intended to create, and receipt does not constitute, an accountant-client relationship. Internet subscribers, users and online readers are advised not to act upon this information without seeking the service of a professional accountant. Any U.S. federal tax advice contained in this website is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.

Accuracy of Information
While we use reasonable efforts to furnish accurate and up-to-date information, we do not warrant that any information contained in or made available through this website is accurate, complete, reliable, current or error-free. We assume no liability or responsibility for any errors or omissions in the content of this website.

Disclaimer of Warranties and Limitations of Liability.
This website is provided on an “as is” and “as available” basis. Use of this website is at your own risk. We and our suppliers disclaim all warranties. Neither we nor our suppliers shall be liable for any damages of any kind with the use of this website.

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