tialiased">

Our Results

Some Examples of How Sonu Shukla has Helped Small Business Owners

CASE #1. ELECTRICAL CONTRACTOR RECEIVED A $13,000 TAX NOTICE FOR BACK TAXES

Problem: This company had been in business for a year. Unfortunately the previous accountant had prepared the tax returns incorrectly. He had shown incorrect wages for the owner. The IRS was gunning after him to pay $13,000 in back taxes

Solution: This company was suffering from having an incompetent accountant. There was no tax planning in place and as a result his business was structured incorrectly. Once he contacted us, we immediately contacted the IRS to stop enforcement so we could assess and correct the situation. We filed amended tax returns on behalf of this client and immediately corrected the operating structure of the business so they would avoid future problems. The demand for the $13,000 was rescinded and client paid NOTHING!

CASE #2. FOREIGN NATIONAL OPENS A BUSINESS
IN ORLANDO, FLORIDA

Problem: The owners of this company had immigrated from the UK and were starting up their first business in the US without any knowledge of how to run a business in the US.

Solution: We provided the necessary tax planning and business planning advice so they could structure their business correctly and operate it in a manner that would not only comply with IRS rules but with the Department of Homeland Security rules as they had moved to the US on an investment visa. It was crucial that the company have the proper accounting systems and operating systems in place to make sure that they met all the requirements of the DHS rules as well as a run the company in a PROFITABLE manner.

CASE #3. LAID OFF EXECUTIVE TURNS ENTREPRENEUR

Problem: This client was an executive with a National media company producing entertainment coverage. He was laid off so that the company could hire younger lesser paid employees. The problem was that ALL of his work experience was in the media business and he had never really owned a small business.

Solution: This client has PASSION. He was passionate about a business opportunity he was pursuing but he needed a lot of guidance on the front end. We helped him decide on the best location for his business. We guided him through the regulatory maze. His Passion and our Guidance made for a Perfect combination.

CASE #4. HIGHLY PROFITABLE SELF EMPLOYED
INDEPENDENT CONTRACTOR

Problem: This client had found a great niche for herself in the healthcare industry. The problem was that she was highly profitable but also disorganized. This meant there was no record tracking system and that meant no substantiation to deduct business expenses. This resulted in a VERY HIGH Tax Liability.

Solution: We helped her setup the proper business structure and a good record keeping system. This resulted in a streamlined operating structure so every expense was being captured correctly so we could deduct it confidently. The result was a much reduced tax liability and a very Happy client.