We have designed 6 essential Accounting and Tax services for small and local businesses.

Our dedicated team work closely to your business operation and offers personalized and affordable Accounting services to help you manage your goal finances, maximize savings, and ensure compliance with all regulations and permits.

Discover how these 6 Essential Accounting and Tax Services help your business grow and success

Payroll

Our team ensures you accurate and timely payroll processing, including calculating employee wages, managing tax withholdings, and complying with federal and state regulations. We utilize advanced payroll software to streamline reporting, reduce errors, and provide detailed payroll reports. Save your time and let your payroll on us.

Bookkeeping

Our bookkeeping services are designed to help businesses in Washington State maintain accurate financial records and streamline their accounting processes. We provide comprehensive services, including transaction recording, bank reconciliations, financial statement preparation and more.

Federal Taxes

We handle your federal tax responsibilities with accuracy and efficiency. We assist you with federal tax filings, including income tax returns, payroll taxes, and excise taxes ensuring compliance with all IRS regulations. At LTP Tax we offer you tailored solutions to keep your business in good standing with the IRS.

Business Formation

Whether you’re forming an LLC, corporation, or partnership, we help you lay a solid foundation for your business with compliance and tax efficiency by providing you with expert accounting guidance. On the way, we assist with the accurate accounting setup as well as the preparation and filing of necessary documents, including licensing, Operating Agreements, EIN applications and more.

Audits and Letters

At LTP Tax We make sure you are prepared for any IRS or Department of Revenue (DOR) inquiries. Our team assist with managing audits, reviewing IRS notices, and responding to correspondence, including tax assessments, penalties, and disputes. We work directly with you to gather necessary documentation, clarify issues, and develop effective strategies for any resolution.

Government compliance

We safeguard your business against legal and financial risks. Our firm specialize in government compliance services to help businesses meet their federal, state, and local regulatory requirements. We ensure that your business stays compliant with tax laws, filing deadlines, and reporting obligations, including sales tax, payroll tax, and annual filings to avoid penalties and audits.

Business Formation

From zero to full operations

Business Structure developing

We help you choosing the right structure for your business. Deciding between a C-Corp,a

S-Corp a LLC or other.

Process automation

By implementing advanced accounting software and automation tools, we simplify tasks such as invoicing, expense tracking, payroll processing, and tax filings. Let’s unlock your startup business growth by automating process together.

Financial Reporting

Our startup financial reporting includes:

Balance sheet cash flow report, Monthly & quarterly reports, Annual reports, Profit and loss report. Contact us today and get professional advice.

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We handle the paperwork

Operate your Wyoming business from Washington

Budgeting & Expense tracking

Effective budgeting and tracking expenses boost profitability. For example, retail businesses can optimize inventory by analyzing seasonal sales trends.

Understanding tax obligations

Knowing your federal tax responsibilities like estimated payment deadlines—helps avoid penalties. Leveraging deductions, such as the Qualified Business Income (QBI) deduction, can also reduce your tax bill.

Choosing the right business structure

Your legal structure affects both liability and taxes. An LLC offers legal protection, while an S-Corp may offer tax advantages. Understanding your options is key to making the right choice.

Benefits of doing business in Wyoming

Strong asset protection laws

Wyoming provides robust liability protection for LLC owners. It’s considered one of the best states for shielding personal assets from business-related lawsuits and creditors.

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No state income tax

The state offers perks like no state income tax and low annual fees, making it an appealing choice for cost-conscious entrepreneurs.

Privacy for business owners

Wyoming does not require you to disclose members or managers of an LLC in public records, offering a high level of privacy for business owners.

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Business-friendly legal environment

The state has a pro-business legal climate, with a predictable court system and laws that favor limited government interference in business affairs.

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Ideal for remote or online businesses

Allows you to operate your business remotely from another state (like Washington), making it an excellent choice for online businesses, consultants, or digital entrepreneurs looking for tax and administrative advantages.

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Low operating costs

Wyoming offers low annual fees, affordable filing costs, and minimal ongoing compliance requirements, making it a cost-effective place to form and maintain a business.

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