Since 1987 Phases has been dedicated to providing small business management, accounting and tax services to our clients in Colorado Springs, CO. Today with over 1,000 clients we are helping small businesses and individuals with expert advice and business services. We are committed to giving all of our clients the accurate and timely service they deserve.

Phases has developed the ability to handle business management, accounting services & online tax filing Colorado Springs CO for our clients across the country and now via internet across the world. Through our paperless services we can easily communicate and aid our clients with their business and personal taxes and accounting.

While you are always welcome to stop in at Phases Business Management, if you want to save yourself the time of traveling to our office then we are the firm for you. As a paperless office you are able do almost all your communicating with us over the internet. Please spend some time with us, and discover both the ordinary and the original services we have to offer. Welcome, look around, and even though we are thoroughly automated, we are always delighted to speak with you at (719) 548-1646.

Professionalism

Phases Business Management established in 1987 is one of the leading firms in the area. By combining our expertise, experience and the energy of our staff, each client receives close personal and professional attention. We have developed a system to handle the accounting needs of clients located across the country. With this unique website, we are able to act as a virtual accountant to anyone, anywhere, anytime.

We have Enrolled Agents (similar to CPA designation) so you know you are getting people the IRS has tested and knows about handling one of your most precious assets- your money. Our high standards, service and specialized staff spell the difference between our outstanding performance, and other firms. We make sure that every client is served by the expertise of our whole firm.

Tax Preparation in Colorado Springs

Our clients love our tax preparers because they are pros that do nearly 1,000 tax returns a year! These pros have seen it all. Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer. Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. You need an experienced tax preparer to prepare your best tax return given your specific situation.

At Phases Business Management and free income tax preparation Colorado Springs. our expert tax preparers will get your tax return done to the highest professional standards with all the deductions you are entitled to. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional. Our tax preparers are second to none!

Service Providers be ready to fulfill the Dream of Modi’s  ‘Swachh Bharat’

An article by: CA Pradeep Jain &

Bharat Rathore

It is a regular practice of the government to follow tactics that are illusive and misleading. One of the tricks adopted by the government while increasing the rate of service tax is that during the Budget Speech, the Hon’ble Finance Minister announced increase in rate of service tax from 12.36% (inclusive of Education Cess and SHE Cess) to 14% (after exemption from Education Cess and SHE Cess). However, the effective rate of service tax that will come force after the Finance Bill receives the assent of the President is 16% because a new Cess has been introduced by the government in the Finance Bill, 2015. Hence, the government knew that there will be opposition from the people regarding hike in service tax from 12% to 16% and so it chose to increase the rate of service tax in indirect manner, thereby burdening the common man.

The Finance Minister has announced Budget on 28th of February, 2015, wherein a new chapter VI has been inserted in the Finance bill that contains a new levy of cess called the ‘Swachh Bharat Cess’. This chapter empowers the government to impose Cess on all the taxable services at the rate of 2% of the value of taxable services. This cess shall be levied from such date as may be notified by the Central Government after the enactment of the Finance Bill, 2015.

It is worth observing that the Government has not given any further details of this levy ” Swachh Bharat Cess”. Consequently, a number of questions are haunting the minds of the assessee as follows:-

1. Whether there will be new accounting head for deposition of this cess?
2. Whether Cenvat credit of this cess will be available or not because there are no amendments proposed in the Cenvat Credit Rules, 2004?
3. Whether there will be restriction as regards utilisation of cess as was in case of Education Cess and SHE Cess or not?

The above cited questions will remain unanswered until the enactment of Finance bill, 2015. But it seems that in respect of indirect tax, Government’s main focus on service tax. They are going to raise the rate of service tax from 12.36% to 14% and then this Swachh Bharat cess of 2% of the value of taxable service is also applicable on all services. We can say that Government has indirectly enhanced the rate of service tax to 16% after enactment of Finance bill.

It’s also seems that service providers will play the main roll in fulfilling Mr. Narendra Modi’s Dream of Swachh Bharat. His dream will be fulfilled with the provision of services by the service providers. However, with the introduction of this levy and the hike in the service tax rate, the burden of tax on the common man has definitely increased as service tax is an indirect tax regime whose ultimate burden is to be borne by the service recipient. It is to be observed that how far the new government would be able to meet out the expectations of the public who had instilled confidence in the said government to reduce the inflation.  

Quicken is an accounting and financial management software launched by Intuit which is aimed at high end consumers and small and medium scale businesses to manage their financial operations in the most optimal manner. However, given the fact that this software is mostly used by accountants or financial analysts make the role of the customer support team even more crucial as these analysts would have minimal knowledge and awareness of the minute technicalities of Quicken or of the system which they are using to access the Quicken application. Therefore, the need and demand for a robust and reliable Quicken Technical Support team is of paramount importance. In addition to that, the promptness of service is also a key feature which the customer support team needs to take care of. Given the fact that Quicken is a financial management application, the timeliness of transactions are extremely crucial for businesses to thrive and therefore, the customer support team must ensure that they provide instant solutions to issues reported by customers.

There are a plethora of issues which customers do face from time to time while using the features of Quicken – most of which are technical in nature and a sizeable of those can be attributed to the system or network inefficiency of the platform used by the user to access Quicken. Therefore, to ease out the trouble shooting process in such cases, the Quicken Customer Support team has introduced the feature of a remote assistant wherein expert technicians take a remote connection to the system of the user and then have a closer look at the issue being faced by the user. This feature of the support service team not only help track down complex issues in a prompt manner but also enable customer support team to enable customers to fix such issues on the go so that there is no unexpected halt in operations.

Talking of technical glitches in Quicken, the most common of the issues faced by users is related to the data file being used. This file is one of the most crucial components of Quicken and enables users to save the current status of the work and then continue their operations from any platform or system by importing the Quicken file and restoring their last work. There are times when this Quicken file gets corrupt and customers are not able to import the same to Quicken. The Quicken Technical Support team takes care of such issues and ensures that there is no loss of data for customers. The team of experts can be contacted via their support platforms including call, email and chat services.

Intellectual property or IP can be defined as the formations of mind, like inventions, pieces of literature or artistic creations, patents, trademarks, designs, symbols, names and images used for commercial purposes. In India, services relating to intellectual property delivered by any individual or entity come under the liability of paying the service tax. Through this article, we bring to you information about the applicability of service tax on trademark, designs and patents.

Now that we know what Intellectual property is, we must know what Intellectual property rights are before we move any further. These rights are the rights to any kind of intangible property like the ones mentioned above and various others.  Further, we also need to know that the transfer or authorizing the use of any intellectual property right is called intellectual property service. Intellectual property services are the services that are provided by one person to another. These people probably are the holder(s) of intellectual property rights, with relation to the intellectual property right. It must however be noted that the services provided for registration of intellectual property like trademark registration service, copyright registration service and patent registration service are not to be confused with the intellectual property services. These services are essentially legal services, quite different from the one mentioned above.

Apart from the details already given, it is also important to know when and where the service tax is applicable on the intellectual property. Service tax is levied on the intellectual property only in case when the owner(s) of the intellectual property rights passes on the authority to temporarily use the intellectual property to some other person in exchange for some consideration. It must be noted here that when permanent transfer of intellectual property rights takes place, it is not regarded as rendering of any service. This thus excludes the sale of intellectual property services from the list of taxable services. This is so because in cases like these the owner no longer remains an owner of the intellectual property right.

Under the previously existing norms, transfer of copyright, for a specific amount of time agreed upon, was not placed under the taxable services. After the validation of the court of law, service tax started to be levied on income that came from granting temporary authorisation of rights of cinematographic films. Such temporary transfer or consenting to use the copyright for a specific amount of time, under an agreement is now taxable under the service tax.

This article is about service tax registartion and service tax registartion banglore for more information please visit our website: https://www.efilingportal.in

The payroll system is most oftentimes redesigned portion of monetary record for most organizations. There are always some changes in payroll records for promotions, new employment opportunities and even the deductions. This portion of money related record is always loaded with numerous issues such as basic pay, benefits, therapeutic, house rent, different perks, deductions, workmen’s compensation, and not overlooking Tax. The small businesses are regularly not ready to locate the sufficient time or resources to take after the full payroll system which leads specifically to the staff ailing in inspiration. The answer to this issue comes fit as a fiddle of Online Payroll Processing services.
Payroll accounting in Montreal can be a tasking and tiresome function. Just a little error or a minor mistake in the accounting process can mess up the whole thing. In spite of the fact that this payroll processing has nothing to do with the principle generation of an association, it can hamper its development or can make unnecessary problems. Presently, it is unrealistic for each business association to deal with their payroll separately. Small business organizations sometime do not have the information or the labor to deal with this precarious task. Besides small business organizations, there are some business conglomerates that are showing no interest to deal with their payroll record themselves as this regularly occupy their consideration from the primary creation zone.
This is the reason why a substantial section of business organizations is presently deciding on outsourcing payroll accounting services in Montréal. Be that as it may, there are some issues that you should not disregard before outsourcing this essential duty as discussed underneath.

Cost

You should ensure that you are outscoring so as to save a decent measure of bucks of your payroll services in Montréal to an outsider. You have to experience the ins and outs of various Montreal payroll accounting companies before putting your trust on any of them. Ensure they are fit for conveying record and report at whatever point you require without your constant vigil. Cost is obviously a decisive component; however that does not imply that you need to disregard these basic issues.

Confidentiality
As your chosen payroll outsourcing organization is going to manage the private information of your association, you have to ensure that your information is absolutely safe and secured. You have to check the notoriety and past record of that payroll outsourcing organization before permitting them to manage this sensitive issue.
Smooth running of a business association is somewhat reliant on the best possible processing of its payroll record and information. Along these lines, ensure that your chosen payroll outsourcing organization has the capacity to meet your desired deadline without making last moment rush that frequently time generates various mistakes that can be maintained easily otherwise. You should check the educational and experience details of the employees of that association if possible. This will help you to assess whether they will have the capacity to convey what you need from them.
Despite the fact that Montréal payroll accounting services is turning out to be better known for its endless advantages, you should not leave the whole thing on a specific organization. You have to audit the progress of the task in consistent interim and should experience the process of the work. This will help you to show signs of improvement yield toward the end.