Business Details
Expert Tax Preparation & Bookkeeping Services in Tonawanda, NY
Small World Taxes was founded to help individuals and tax-exempt organizations navigate complex tax reforms. We have expanded our services to include small businesses, offering comprehensive tax preparation, bookkeeping, and accounting solutions. Our practice is entirely digital and cloud-based, utilizing electronic signatures and secure digital portals for client convenience. We specialize in tax compliance, financial statement reviews, and strategic tax planning to minimize legal tax liabilities. Our team brings decades of combined experience in accounting, with certifications from the IRS and New York State. We serve clients across all 50 states, with a focus on Western New York communities including Buffalo, Tonawanda, and Kenmore.Our services include year-round tax preparation, free e-filing for current-year returns, and financial document management. We work closely with clients to develop customized tax strategies, including entity selection and retirement planning. Our team maintains professional liability insurance and adheres to continuing education requirements to ensure up-to-date expertise. We pride ourselves on providing accessible, technology-driven financial services that simplify tax compliance for individuals and organizations.
Services
Tax Preparation
Bookkeeping
Tax Planning
Financial Statement Review
Tax Exempt Organization Services
Highlights and features
- We offer year-round tax preparation with free e-filing for combined federal/state returns
- Our cloud-based platform streamlines document submission and client communication
- Team includes IRS-authorized tax practitioners with decades of combined accounting experience
- We serve clients nationwide while maintaining local expertise in Western New York
- Specialized in tax planning strategies for self-employed individuals and small businesses
Services
Tax Preparation
We provide comprehensive tax preparation services for individuals and businesses. Our experts handle federal, state, and local tax filings year-round. We specialize in complex returns for self-employed individuals, partnerships, and tax-exempt organizations.
Bookkeeping
Our bookkeeping services include accounts payable/receivable management, payroll processing, and financial statement preparation. We implement cloud-based accounting software solutions and automate reconciliation processes for small businesses and nonprofits.
Tax Planning
We develop customized tax planning strategies to minimize legal tax liabilities. Our services include entity selection analysis, retirement planning guidance, and business structure optimization for long-term tax efficiency.
Financial Statement Review
We provide third-party financial statement reviews for tax-exempt organizations. Our services help nonprofits meet audit requirements and maintain accurate financial records through expert analysis and reporting.
Tax Exempt Organization Services
Specialized services for tax-exempt organizations including Form 990 preparation, compliance guidance, and financial reporting. We help nonprofits maintain their exempt status while ensuring accurate tax filings and financial management.
People
Nikolay Clark
Owner & Accountant
IRS-authorized tax practitioner with technical expertise in taxation. Holds MBA in Financial Services and BS in Accounting. Maintains active IRS Tax Return Preparer and e-file provider credentials.
Bob Priore
Accountant
Retired Delaware North Companies executive with decades of experience in financial analysis and compliance. Specializes in budgeting, P&L analysis, and balance sheet review for small businesses.
Questions
What tax services do you offer for small businesses?
We provide comprehensive tax preparation, quarterly estimates, entity selection analysis, and compliance services for small businesses including partnerships, LLCs, and corporations.
Do you offer bookkeeping services for nonprofits?
Yes, we provide specialized bookkeeping and financial statement review services for tax-exempt organizations, including implementation of cloud-based accounting systems and audit preparation.
How do your cloud-based tax services work?
Our digital platform enables secure document submission, electronic signatures, and online collaboration. Clients access a centralized portal for tax organizers, financial documents, and communication with our team.
What areas do you serve?
We serve clients nationwide with particular expertise in Western New York communities including Buffalo, Tonawanda, and Kenmore, while providing services to clients in all 50 states.
Are your tax preparers certified professionals?
Yes, our team includes IRS-authorized tax practitioners with active PTIN and EFIN credentials, plus New York State registered tax preparers maintaining continuing education requirements.
Reviews (2)
Saif Ratul
Nov 22, 2020
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This is a fantastic place to get taxes and the necessary bookkeeping done. Working with Nikolay has been an absolute pleasure- he is patient, knowledgeable, and expeditious. He explained my tax process and worked diligently to maximize my returns. I'm grateful for his help- and I highly recommend him.
Dotty Mayle
Aug 24, 2020
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Nikolay of Small World Taxes LLC is AMAZING to work with! He genuinely enjoys working with taxes and educating others about them. I learned a lot from Nikolay and it was wonderful to be able to trust him with my finances. This is my first year working with him and I'm excited that he's my Go To Guy from now on! If you're looking for a knowledgeable, friendly, and fast tax preparer.....Nikolay Clark is your guy!