Welcome
Maximizing your Financial Potential
Expert Tax and Accounting Services to Help You Achieve Your Goals
NORTHERN PILLAR
Exceptional Financial Services
At Northern Pillar, we are committed to providing exceptional financial services with a focus on precision, integrity, and client success. With deep expertise in international and domestic taxation, bookkeeping, and auditing, we support businesses and individuals in navigating complex financial landscapes. Our team combines technical expertise with personalized service, ensuring that each client receives tailored solutions to meet their unique needs.
Taxation
Tax Services
Northern Pillar specializes in a wide array of tax services tailored to meet the unique needs of individuals and businesses. Our expertise spans domestic and international tax compliance and advisory, ensuring you remain compliant while optimizing your tax position.
Corporate Tax Services (1120 Series)
- Preparation and filing of Form 1120 (U.S. Corporation Income Tax Return) and related schedules.
- Tax planning strategies to minimize corporate tax liabilities.
- State and local tax compliance and planning.
- Support with IRS notices and audits related to corporate filings.
Individual Tax Services (1040 Series)
- Comprehensive tax preparation and filing of Form 1040 for individuals, including related schedules (Schedules A, B, C, D, etc.).
- Tax advisory for maximizing deductions and credits.
- Year-round support for estimated tax payments and planning.
- Assistance with IRS correspondence and audits for individual returns.
Partnership Tax Services (1065 Series)
- Preparation and filing of Form 1065 (U.S. Return of Partnership Income) and Schedule K-1s for partners.
- Analysis and advisory on profit-sharing and partnership agreements.
- State and local compliance for multi-member LLCs and partnerships.
- Representation during IRS or state audits for partnerships.
International Tax Services
- FBAR (Foreign Bank Account Report) Compliance: Filing FinCEN Form 114 to report foreign financial accounts.
- FATCA Compliance: Assistance with Form 8938 (Statement of Specified Foreign Financial Assets).
- Expatriate Taxation:Guidance for U.S. citizens and green card holders living abroad, including foreign tax credit optimization.
- Controlled Foreign Corporation (CFC) Reporting: Preparation of Forms 5471, 5472, and related filings.
- Foreign Trust Reporting: Assistance with Forms 3520 and 3520-A for foreign trust ownership and distributions.
- Transfer Pricing Documentation: Advisory and compliance for cross-border transactions.
- International Tax Planning: Structuring advice for international businesses and individuals to minimize tax exposure.
Comprehensive Business Services
At Northern Pillar, we provide businesses with a full range of services designed to streamline operations, ensure compliance, and optimize financial performance. Our expertise in bookkeeping, payroll, and state and local tax services allows you to focus on growing your business while we handle the details.
Bookkeeping Services
- Full-Cycle Bookkeeping: Management of all financial transactions, including accounts payable, receivable, and general ledger maintenance.
- Bank and Credit Card Reconciliations: Monthly reconciliations to ensure accuracy and resolve discrepancies.
- Financial Reporting: Preparation of profit and loss statements, balance sheets, and cash flow reports to provide a clear picture of your business's financial health.
- Budgeting and Forecasting: Assistance in creating financial budgets and cash flow projections.
- QuickBooks Support: Setup, training, and ongoing management for QuickBooks Online or Desktop users.
- Fixed Asset Tracking: Maintenance of asset schedules for depreciation and tax reporting.
- Catch-Up Bookkeeping: Reorganization and updating of financial records for prior periods.
Payroll Services
- Payroll Processing: Accurate calculation and distribution of employee wages, including bonuses and overtime.
- Tax Compliance: Filing of federal, state, and local payroll taxes (Forms 940, 941, state unemployment forms, etc.).
- Direct Deposit Management: Setup and execution of secure and timely direct deposits.
- Employee Records Management: Tracking and updating of employee details, including W-4 and I-9 forms.
- Benefits and Deductions Administration: Management of retirement plans, health insurance deductions, and other employee benefits.
- Garnishment Processing: Handling of wage garnishments and related compliance.
- Year-End Reporting: Preparation and distribution of W-2s, 1099s, and annual payroll tax filings.
State and Local Tax (SALT) Services
- Sales and Use Tax Compliance: Preparation and filing of state sales tax returns and support with tax audits.
- Business License and Registration Services: Assistance with initial filings and renewals for business licenses and permits.
- State Income Tax Preparation: Filing for corporate, partnership, and individual state income taxes.
- Local Tax Compliance: Expertise in compliance with city, county, and municipal taxes, including occupational taxes and franchise taxes.
- Nexus Analysis and Planning: Determination of state tax obligations for businesses operating in multiple states.
- Voluntary Disclosure Agreements (VDAs): Assistance with resolving prior non-compliance to minimize penalties.
- Tax Credit and Incentive Optimization: Identification and filing for state-specific tax credits and incentives.