Our Services: Tailored Financial Solutions
At Solovas, PC, we offer a comprehensive suite of virtual services designed to help solopreneurs save money, grow their businesses, and secure their financial future. Our solutions are customized to meet the unique needs of your business, no matter where you’re located in the U.S. We don’t just provide tax preparation. We offer proactive tax planning, business advisory, and financial coaching that make a real difference in your bottom line.
Advisory Services
Tax Planning
Maximize your tax savings with our tax-free strategies. We go beyond traditional tax filing and offer year-round support to help you reduce your tax liability and grow your business.
Tax-free and tax-deferred strategies to help you keep more of your hard earned income in your pocket.
We help you select the best tax structure, C-corp, S-corp, LLC or Partnership
Quarterly tax forecasting and payment estimates.
Outsourced CFO
Access high-level financial guidance with our virtual CFO advisory services. We help you set financial goals, track performance, and develop strategies that drive business growth and long-term success.
Financial goal setting and business performance tracking.
Cash flow forecasting and budgeting for future growth.
Customized financial reports and KPIs to help you make strategic decisions
Retirement Planning
Secure your future with a personalized retirement strategy designed to fit your unique goals. Our retirement services go beyond just selecting a plan—we help you build a robust, tax-efficient strategy to ensure your long-term financial success.
- Retirement plan set-up including Solo 401(k), Solo IRA, SEP IRA, Traditional & Roth IRA
We handle the accounting and compliance for Solo 401(k)plans.
Maximizing retirement contributions based on business income
Other Services
Accounting
Stay on top of your business finances with our cloud-based accounting and bookkeeping services. We’ll ensure your financial records are accurate, up-to-date, and ready for any decision you need to make.
Cloud accounting system setup, including Quickbooks Online
Monthly, quarterly, and annual accounting, including account reconciliations
Financial statement preparation and analysis
Tax Compliance
As a solopreneur, navigating the complexities of tax regulations can be overwhelming. We help you stay on top of your tax obligations, ensuring accurate filings and timely payments, so you can focus on growing your business.
Individual tax preparation, Form 1040
Corporate tax preparation, including Form(s) 1120, 1120s, and 1065
Nonprofit tax return preparation, including Form 990
Consulting
We provide a range of specialized consulting services tailored to the unique needs and challenges of running a one-person business.
Selection of the best legal structure, C-corp, S-corp, LLC or Partnership
Selection and implementation of business management tools to streamline operations, reduce manual work, and improve financial tracking