Our services

Managing payroll is a crucial yet time-consuming aspect of running a small business. Ensuring accurate and timely employee payments can be challenging, especially when juggling multiple responsibilities.

At ETHIO CPA GROUP, we offer comprehensive payroll services designed to alleviate the stress associated with payroll processing. Our team of experts is highly trained and experienced in all facets of payroll management, allowing you to focus on other critical areas of your business.

Our payroll services include:

• Accurate Paycheck Calculation and Processing: Ensuring your employees are paid correctly and promptly.
• Tax Withholdings and Deductions: Managing all required tax withholdings and other deductions seamlessly.
• Pay Stubs and Documentation: Providing employees with detailed pay stubs and necessary documentation.
• Payroll Tax Filing and Payments: Handling the filing and payment of payroll taxes to comply with regulatory requirements.
• Tracking Hours and Overtime: Monitoring employee hours and overtime to ensure accurate compensation.
• Comprehensive Reporting: Delivering detailed reports and insights to assist with management and decision-making.

By outsourcing your payroll processing to us, you can save valuable time and resources while ensuring that your payroll operations run smoothly and in compliance with all regulations. Our commitment to personalized and professional service means we work closely with you to meet your specific payroll needs. Partner with us to simplify your payroll and enhance your business efficiency.

As a small business owner, filing your annual business tax return is a critical responsibility. The type of tax return you need to file depends on your specific business structure. Here’s a brief overview of common business structures and their tax filing requirements:

• Sole Proprietorships: For individual-owned businesses, you’ll need to file a Schedule C along with your personal tax return.
• Multi-Member Partnerships: If your business is operated with one or more partners, you must file Form 1065, the Partnership Return of Income.
• Corporations: Incorporated businesses are required to file Form 1120, the U.S. Corporation Income Tax Return.
• S Corporations: If your corporation has elected S corporation status, you will need to file Form 1120S, the U.S. Income Tax Return for an S Corporation.

At ETHIO CPA GROUP, our team of tax professionals is well-versed in the tax requirements for various business structures. We offer comprehensive tax preparation and planning services to ensure that you meet all your tax obligations and comply with relevant laws.

Our services include:

• Tax Preparation: Accurate preparation and filing of your business tax return.
• Tax Planning: Strategic advice to optimize your tax position and enhance compliance.
• Ongoing Support: Guidance and support throughout the tax filing process.

Partner with us to navigate the complexities of business tax filing with confidence. Our expert team is dedicated to helping you manage your tax responsibilities efficiently and effectively.

At ETHIO CPA GROUP, we offer a range of assurance services designed to support the success and transparency of businesses and organizations of all sizes. Our services include Compilation, Review, and Audit, each providing different levels of analysis and assurance for your financial information.

Compilation Services:Our compilation services focus on gathering and organizing your financial data to present a clear and concise overview of your company's financial performance. We review and arrange financial statements—including the balance sheet, income statement, and statement of cash flows—to support management and stakeholders. While compilation services provide a useful summary of financial performance, they do not involve an evaluation of the information’s accuracy or reliability.

Review Services:Review services offer a more detailed analysis of your financial information, including some testing to assess its reliability. Our accountants perform analytical procedures and engage with management to evaluate the overall presentation of financial statements. This service provides limited assurance regarding the accuracy and reliability of the information, offering a step beyond compilation.

Audit Services:Audit services provide the highest level of assurance by thoroughly examining your financial information. This includes testing transactions, reviewing internal controls, and assessing the appropriateness of accounting policies. Our audit services involve an extensive review of evidence supporting the financial statements, ensuring the highest level of accuracy and reliability.

Our dedicated team is committed to delivering precise and professional services tailored to your specific needs. Partner with us to gain valuable insights and assurance about your financial standing.