Our Services
SVR provides the best-in-class services to accelerate growth for your company
Entity Formations
C - Corporations
A C Corporation is a separate legal entity from its owners (shareholders), offering limited liability protection. This means shareholders are not personally responsible for the company's debts or liabilities. C Corporations can issue multiple classes of stock, making them ideal for raising capital. They are subject to corporate income tax, and shareholders are taxed on dividends received, leading to the possibility of double taxation.
SVR assists in forming C Corporations by ensuring proper registration with state authorities, preparing articles of incorporation, and guiding you through compliance with tax and corporate governance requirements.
S - Corporations
An S Corporation allows profits, losses, and tax liabilities to pass directly to the shareholders, thus avoiding double taxation. Unlike a C Corporation, S Corporations are taxed as pass-through entities. To qualify, the corporation must meet certain eligibility requirements, including limits on the number and type of shareholders.
SVR helps you form an S Corporation by advising on eligibility, filing the necessary forms with the IRS, and ensuring compliance with regulations so your business benefits from tax advantages.
Partnership
A Partnership is a business structure where two or more individuals share ownership, profits, and liabilities. Partnerships can be general or limited, with varying degrees of personal liability. This structure is often chosen by businesses that rely on the expertise or capital contributions of several individuals.
SVR assists with the formation of Partnerships, including drafting partnership agreements, ensuring proper registration, and advising on liability protection and tax implications based on the type of partnership (general or limited).
Limited Liability Company (LLC)
A Limited Liability Company (LLC) combines the liability protection of a corporation with the tax flexibility of a partnership. LLC owners (called members) are not personally liable for the business's debts. LLCs can choose to be taxed as a corporation, partnership, or sole proprietorship. This structure is popular among small businesses for its ease of management and flexibility.
SVR guides you through the formation of an LLC, ensuring that the structure meets your needs, filing the necessary documents with the state, and providing ongoing compliance support to maintain the LLC's status.
Doing Business As (DBA)
A Doing Business As (DBA) name, also known as a trade name or fictitious business name, allows a business to operate under a name other than its legal business name. A DBA is important for branding purposes and is often required for businesses that want to advertise or operate under a name that reflects their products or services.
SVR helps businesses register their DBA names with the appropriate local or state authorities, ensuring that your business operates legally under your chosen trade name and that no other businesses have claimed the same name.
Non-Profit Corporations
A Non-Profit Corporation is formed for charitable, educational, religious, or social purposes. It is exempt from paying certain taxes and can accept tax-deductible donations. Non-profit corporations must follow strict governance and operational rules to maintain their tax-exempt status.
SVR helps in the formation of Non-Profit Corporations by filing articles of incorporation, applying for 501(c)(3) or other tax-exempt status with the IRS, and ensuring compliance with state and federal regulations for non-profits.
Employer Identification Number (EIN)
An Employer Identification Number (EIN), also known as a Federal Tax Identification Number, is a unique number assigned by the IRS to businesses for tax reporting purposes. It is required for businesses that have employees, operate as a corporation or partnership, or file specific tax returns.
SVR assists in obtaining an EIN for your business, ensuring that your application is processed correctly and quickly so you can open business bank accounts, hire employees, and comply with tax regulations.SVR offers seamless trust registration services, guiding you through every step to secure a trust registration certificate. Our team ensures a smooth and efficient process, addressing all your queries about registering a trust in India.
Individual Taxpayer Identification Number (ITIN)
An Individual Taxpayer Identification Number (ITIN) is issued by the IRS to individuals who are required to have a taxpayer identification number but are not eligible for a Social Security Number (SSN). ITINs are often used by non-resident aliens, their spouses, and dependents for tax reporting.
SVR helps individuals apply for and obtain an ITIN, ensuring that they can comply with their U.S. tax obligations and handle financial matters, even if they are not eligible for an SSN.
Reseller Certificate
A Reseller Certificate allows businesses to purchase goods without paying sales tax, as the goods are intended for resale. This certificate is essential for businesses that buy and sell physical products and need to pass the sales tax exemption to their suppliers.
SVR helps businesses obtain a Reseller Certificate, ensuring that they comply with state sales tax laws and can legally make tax-exempt purchases for resale.
Payroll Tax Registration
Payroll Tax Registration is required for businesses that employ workers. It involves registering with the IRS and state tax authorities to withhold and remit payroll taxes, including federal and state income taxes, Social Security, and Medicare taxes.
SVR assists in registering for payroll taxes, ensuring that your business complies with all federal and state tax obligations related to employee compensation.
Sales & Use Tax Permit
A Sales & Use Tax Permit allows businesses to collect sales tax from customers and remit it to the appropriate tax authorities. Businesses engaged in selling taxable goods or services must obtain this permit in the state where they operate.
SVR helps businesses apply for and obtain the necessary Sales & Use Tax Permit, ensuring that your business complies with state laws and avoids penalties for non-compliance.
Business Licenses & Permits
Business Licenses & Permits are required by local, state, and federal governments to ensure that businesses operate legally and meet industry-specific regulations. The requirements for licenses and permits vary by location and industry.
SVR helps businesses obtain the necessary licenses and permits for their specific industry and location, ensuring full legal compliance and avoiding potential fines or business interruptions.
Tax Return Preparation
Individual Return Form - 1040
The 1040 form is the standard IRS tax form used by individuals to file their annual income tax returns. This form is used to report your income, calculate taxes owed, and determine if additional payments or refunds are necessary. It includes sections for reporting wages, interest, dividends, capital gains, and other types of income. Additionally, it allows individuals to claim deductions (such as the standard deduction or itemized deductions) and tax credits (such as the Child Tax Credit or Education Credit) to reduce their taxable income.
SVR simplifies the process of filing your 1040 form by ensuring that all applicable deductions and credits are applied, helping to minimize tax liabilities. Our expert team ensures accuracy, timely submission, and the best tax outcomes for individuals, whether they are filing for the first time or have complex financial situations.
C-Corporation Form - 1120
The 1120 form is filed by C Corporations to report income, gains, losses, deductions, and tax liabilities. Unlike S Corporations, C Corporations are subject to corporate income tax, and any profits distributed to shareholders in the form of dividends are taxed again on the individual level (double taxation). This form also includes sections for tax credits, deductions for operating expenses, and calculating the total tax owed.
SVR guides C Corporations through the preparation and filing of the 1120 form, ensuring that all income is reported correctly and that the corporation takes full advantage of available tax deductions, including those for business expenses, salaries, and depreciation. Our goal is to minimize double taxation and ensure compliance with IRS regulations.
S-Corporation Form - 1120S
The 1120S form is filed by S Corporations, which are pass-through entities. This means that the corporation itself does not pay taxes on its income; instead, income is passed through to the shareholders, who report it on their personal returns. The 1120S form is used to report the corporation’s income, deductions, credits, and any distributions to shareholders.
SVR helps S Corporations complete the 1120S form with precision, ensuring compliance with tax laws. We ensure that profits and losses are properly allocated among shareholders, deductions are applied accurately, and the business complies with IRS regulations while minimizing any potential tax burdens.
Partnership Form - 1065
The 1065 form is filed by partnerships to report income, gains, deductions, and distributions. Like S Corporations, partnerships are pass-through entities, and any income or losses are reported on the individual tax returns of the partners. This form also includes a Schedule K-1 for each partner to report their share of the partnership’s income, deductions, and credits.
SVR assists in the preparation of the 1065 form, ensuring that the income and deductions of the partnership are correctly allocated to each partner. We also ensure that each partner’s Schedule K-1 is prepared and distributed correctly, enabling them to report their share of income or losses on their personal tax returns.
Non-Profit Corps. Form - 1041
The 1041 form is used by estates, trusts, and non-profit organizations to report their income, deductions, and distributions. Non-profit organizations use this form to ensure they comply with tax-exempt status requirements and maintain proper reporting for activities such as receiving donations, generating income, and distributing funds for charitable purposes.
SVR ensures that non-profit organizations comply with IRS rules by accurately preparing and filing the 1041 form. Our team assists with the proper reporting of income, grants, and expenses, helping maintain the non-profit’s tax-exempt status and fulfilling all reporting requirements.
Employer Quarterly Federal Tax Return Form - 941
The 941 form is a quarterly tax return that employers file with the IRS to report employment taxes. This includes federal income tax withholding, Social Security, and Medicare taxes that the employer has withheld from employees' wages, as well as the employer’s portion of these taxes. It also provides the employer with the opportunity to report corrections if necessary.
SVR helps employers prepare and file their 941 forms on time, ensuring that all federal tax liabilities are reported correctly and that tax payments are made in a timely manner. Our services also include reviewing employee tax withholdings to ensure accuracy and compliance with federal payroll tax laws.
Wages & Tax Statements Form - W-2
The W-2 form is provided by employers to their employees at the end of the year to report wages and the taxes withheld during the year. Employees use the W-2 to file their individual tax returns. Employers are required to send W-2 forms to the IRS and employees, typically by January 31 of the following year.
SVR assists businesses in preparing W-2 forms accurately, ensuring that the correct amounts of wages, Social Security, Medicare, and federal income taxes are reported. We also ensure that the forms are filed with the IRS and distributed to employees on time to avoid penalties.
Estimated Tax Form - 1040-ES
The 1040-ES form is used by individuals who have income that is not subject to withholding, such as self-employed individuals, freelancers, and those with significant investment income. This form allows taxpayers to calculate and pay estimated quarterly taxes throughout the year to avoid underpayment penalties.
SVR helps individuals calculate their estimated tax liability accurately, ensuring that quarterly payments are made on time. Our goal is to help taxpayers avoid surprises at tax time and manage their tax payments efficiently.
Information Return Form - 5472
The 5472 form is filed by foreign-owned U.S. corporations and foreign corporations engaged in U.S. business to report certain transactions with related parties. This form is part of the IRS’s efforts to prevent tax evasion through international transactions and ensure proper reporting of business dealings between related entities.
SVR helps foreign-owned businesses comply with IRS regulations by assisting in the preparation and filing of the 5472 form. We ensure accurate reporting of transactions with related foreign entities, helping businesses avoid penalties for non-compliance.
Entity Classification Election Form - 8832
The 8832 form allows an eligible entity to choose its classification for federal tax purposes. This is particularly useful for LLCs and other entities that want to elect to be taxed as a corporation, partnership, or disregarded entity. The form provides flexibility in choosing the tax classification that best fits the entity’s business needs.
SVR assists businesses in determining the most beneficial tax classification and helps complete and file the 8832 form accurately. Our team ensures that the election is made in accordance with IRS rules, helping businesses optimize their tax position.
Treaty-Based Return Positions Disclosure Form
This form is used to disclose positions taken by U.S. taxpayers claiming benefits under income tax treaties. It ensures transparency and compliance with IRS rules for taxpayers seeking to reduce or eliminate taxes on foreign-source income based on a tax treaty.
SVR assists businesses and individuals in preparing and filing the Treaty-Based Return Positions Disclosure Form. We ensure that all necessary treaty claims are disclosed properly, minimizing the risk of IRS audits or penalties related to treaty-based claims.
Business Services
Accounting
Accounting is the backbone of any business, involving the systematic recording, reporting, and analysis of financial transactions. It encompasses a variety of tasks such as tracking income, expenses, assets, and liabilities to ensure that a company's financial statements are accurate and compliant with regulations.
SVR offers comprehensive accounting services, including setting up accounting systems, managing financial transactions, and providing detailed financial reports that help businesses make informed decisions and maintain financial compliance.
Bookkeeping
Bookkeeping is the process of recording daily financial transactions, such as purchases, sales, receipts, and payments. Accurate bookkeeping is crucial for maintaining financial order and ensuring that financial statements reflect the true state of a business.
SVR provides reliable bookkeeping services to help businesses maintain accurate and up-to-date financial records. Our services include tracking transactions, reconciling accounts, and ensuring your financial data is organized and accessible.
CFO Services
Chief Financial Officer (CFO) services go beyond basic accounting and bookkeeping to provide strategic financial leadership. A CFO helps businesses optimize financial performance, manage risks, and develop growth strategies.
SVR offers CFO services to help businesses make sound financial decisions, improve profitability, and ensure sustainable growth. Our experienced professionals offer strategic financial advice, forecasting, and planning tailored to your specific business needs.
Payroll Services
Payroll services ensure employees are paid on time and in compliance with tax laws. This includes calculating wages, withholding taxes, and preparing and distributing paychecks. Payroll services also ensure accurate reporting of employee benefits and deductions.
SVR simplifies payroll processing by managing employee payments, tax withholdings, and compliance with labor laws. We help businesses avoid costly mistakes and ensure timely and accurate payroll submissions.
Cash Flow Management
Cash flow management involves tracking the movement of cash in and out of a business to ensure that it has enough liquidity to meet its obligations. This is essential for day-to-day operations and for making informed business decisions.
SVR offers expert cash flow management services, helping businesses forecast their cash needs, identify potential shortfalls, and manage inflows and outflows effectively. Our services ensure that your business remains financially healthy and able to meet its commitments.
Accounts Payable
Accounts payable (AP) involves the management of money owed by a business to suppliers and creditors. Effective accounts payable management helps businesses avoid late payments, take advantage of discounts, and maintain good supplier relationships.
SVR handles accounts payable by ensuring that bills are paid on time and accurately, maintaining vendor relationships, and helping to streamline your payment processes to reduce administrative burden and prevent financial penalties.
Accounts Receivable
Accounts receivable (AR) refers to the money owed to a business by customers for goods or services provided on credit. Proper AR management ensures that businesses collect payments in a timely manner and maintain cash flow.
SVR assists in managing accounts receivable by ensuring invoices are sent promptly, payments are collected on time, and any outstanding amounts are tracked and followed up efficiently, improving cash flow and reducing delinquencies.
Bank Reconciliation
Bank reconciliation involves comparing the company’s financial records to bank statements to ensure that all transactions are accurately recorded. This process helps identify discrepancies such as missed payments, incorrect charges, or unauthorized transactions.
SVR performs bank reconciliation services, ensuring that your business's cash records match with bank statements. Our service helps detect errors or fraudulent activities, keeping your financial data accurate and in compliance.
Data Migration
Data migration refers to the process of transferring financial data from one system or platform to another, such as moving from manual accounting systems to digital ones or upgrading software.
SVR provides efficient data migration services, ensuring that your financial data is transferred securely and without error. Our team helps with converting data between platforms, preserving integrity, and minimizing downtime during the transition.
Financials Preparation (Balance Sheets & Profit & Loss Statements)
Preparing financial statements, such as balance sheets and profit and loss (P&L) statements, is essential for understanding a company’s financial health. Balance sheets provide a snapshot of a company's assets, liabilities, and equity, while P&L statements show revenue, expenses, and profits over a period.
SVR prepares and organizes your balance sheets and P&L statements with precision, giving you clear insights into your business’s financial performance. Our services ensure that your financial statements are accurate and compliant with accounting standards.
Business Valuations
Business valuations are conducted to determine the economic value of a business. This is essential when considering mergers and acquisitions, investments, or selling the business.
SVR offers business valuation services, providing accurate assessments of your company’s worth based on financial performance, market conditions, and other key factors. Our services help you make informed decisions in negotiations or strategic planning.
MIS Reporting
Management Information System (MIS) reporting provides businesses with essential data for decision-making, performance analysis, and forecasting. It includes regular reports on various aspects of business performance, such as sales, operations, and finances.
SVR helps businesses create and analyze MIS reports, offering clear insights into financial and operational data. Our services help improve business performance and strategic decision-making through customized and actionable reports.
Ledgers Reconciliation
Ledgers reconciliation involves comparing the company’s general ledger entries with financial statements to ensure that all accounts are accurate and consistent. This process helps identify errors and discrepancies, ensuring reliable financial reporting.
SVR handles ledgers reconciliation to ensure that all financial records are accurate and up to date. Our service helps you maintain consistency across all accounts and provides peace of mind that your financial reporting is correct.
Invoices Preparation
Invoice preparation is essential for businesses to request payment for goods and services provided. An accurate and professional invoice is crucial for maintaining cash flow and ensuring timely payments.
SVR offers invoice preparation services to create clear, accurate, and professional invoices for your business. We ensure that all necessary details, including terms, amounts, and payment instructions, are included to facilitate timely payment.
Testimonials
Love from Clients
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