Accounting Services

Duane H. Siers President and CEO Corporate Experience With a broad business and accounting background, Duane H. Siers, President and CEO of The Siers Corporation, Inc. – Familytax.com – has a prestigious background as  Corporate Controller for various companies, including having been an Officer of an 18-State Company traded on the American Stock Exchange.  He brings a unique financial perspective to today’s challenged businesses, helping them to compete in today’s international market. Duane H. Siers also functioned as Managing Director for one corporation, responsible for every aspect of the business operations, from profits and procedures to the highest standards of service and quality. The Siers Corporation, Inc. – Familytax.com – equips small businesses with the tools to compete while maintaining financial integrity.  Business records are always up-to-date, deadlines met with confidence and owners freed  to concentrate on day-to-day operations and to meet production and profit projections. Education: University of Illinois: C.P.A. Certificate Roosevelt University, Chicago: Masters of Science in Accounting Instructor, University of Kentucky Branch: 1st & 2nd year Accounting Memberships: NAEA – National Association of Enrolled Agents Florida Society of Enrolled Agents Broward Chapter – Florida Society of Enrolled Agents NATP – National Association of Tax Professionals NSTP – The National Society of Tax Professionals NSA - National Society of Accountants

Customized  Accounting Services · Organized · Focused · Productive Instantaneous access to your records for investors, lending institutions, creditors, or the IRS. Bank reconciliations Balance sheets Income statements Books of original entry General ledger Employee payroll records Payroll reports - 941s, 940s, state unemployment, W-2s, 1099s Fixed asset details - an invaluable record if you sell or trade-intthe asset. What if an asset is stolen? If needed, what are you going to show to the property tax assessor? Corporation income tax returns F1120, Federal 1120, or Federal 1120S. State corporation intangible tax return We add staff for Special Projects and are equipped for any size business accounting. We can pay all your bills and prepare all vendor checks for your business.

NOL - Net Operating Loss Contact us to discuss tax breaks for individuals and businesses with Net Operating Losses.  Losses may be carried back for five years, instead of the two year maximum previously allowed.  Refunds may be available.  Some have felt time or cost pressures to make elections to forego the 5-year carryback. Estates and Trusts could be affected.

CAUTION A State Corporation Income Tax Return (1120) must be prepared until the state is notified on a subsequent return that your corporation is now an S-Corporation; a copy of  the Federal S-Corp must be attached.