Business Tax & Accounting Services
Business Tax
Accurate and Reliable Compliance
Bookkeeping
Organized finances for better decisions.
Payroll
Easy payroll and tax filings.
CFO Advisory Services
Strategic growth with tax savings.
Business Services
Business Tax
Business Tax Preparation covers the preparation and filing of your company’s federal and state income tax returns for S-Corps, Partnerships, and C-Corps. This service applies only to the business entity return and does not include the owner’s personal tax preparation or personal planning.
Core
Starting At- Federal and state business income tax returns
- Tax extension filing when required
- Two annual business tax planning meetings
- Support resolving notices related to returns we prepare
Growth
Starting At- Everything in Core
- Up to 10 contractor 1099 filings
- 1099 tracking and year-end coordination
- Expanded entity-level planning discussions
Proactive
Starting At- Everything in Growth
- Up to 25 contractor 1099 filings
- Year-round email access to the tax team
- Proactive tax strategy adjustments as business activity changes
- Coordination on estimated taxes and owner compensation planning
Business Support Services
Bookkeeping
Bookkeeping Services keep your financial records accurate, reconciled, and usable for decisions and tax compliance. Pricing is driven by transaction volume and monthly spend, and any historical clean-up or catch-up work is evaluated and priced separately from ongoing service.
Core
Starting At- Volume limits: up to 50 transactions per month or $10,000 in monthly expenses (whichever is greater)
- Monthly categorized and reconciled books
- Standard account structure
- Transaction review for accuracy and consistency
- Monthly close process with balance checks
- Year-end reports for tax filing
Growth
Starting At- Volume limits: up to 125 transactions per month or $30,000 in monthly expenses (whichever is greater)
- Everything in Core
- Dedicated bookkeeper review
- Monthly financial reports
- Issue flagging for cash flow or expense trends
- Email support for bookkeeping questions
Proactive
Starting At- Volume limits: up to 300 transactions per month or $100,000 in monthly expenses (whichever is greater)
- Everything in Growth
- Accrual accounting if needed
- Expanded reconciliation and close procedures
- Email and phone support
- Coordination with tax and advisory teams
Enterprise solutions are available for high-volume or multi-entity organizations, with custom systems, reporting, and pricing tailored to your needs.
Business Support Services
Payroll Services
Summary:
Payroll Services manage paying employees accurately and on time, including setup, processing, tax filings and payments, year-end forms, and notice support. Pricing scales with complexity such as multi-state payroll, benefits, retirement plans, and garnishments.
What’s the Cost?
Starts at $39 base + $6/employee/pay period.
Pricing increases with complexity (multi-state, benefits, garnishments).
What You Get:
- NPayroll system setup and ongoing maintenance
- NRegular payroll processing and employee updates
- NPayroll tax filings and timely payments
- NW-2s, W-3s, and year-end payroll reporting
- NSupport resolving payroll and payroll tax notices
Strategic Consulting
CFO Advisory Services
CFO Advisory Services provide strategic financial leadership without the cost of a full-time executive. We model performance, forecast cash, analyze results, and support major business and growth decisions on an ongoing basis.
Insight
Starting At- Financial model with key performance insights
- Budget versus actual variance review
- KPI tracking and performance analysis
- Monthly strategy call
- Written action items and follow-up priorities
Momentum
Starting At- Everything in Insight
- Cash planning and runway management
- Investor and leadership reporting support
- Scenario and sensitivity modeling
- Bi-weekly strategy calls
Strategic
Starting At- Everything in Momentum
- Short-term and rolling cash flow forecasting
- Compensation and pricing guidance
- Advanced strategic project support
- Weekly CFO access
Enterprise solutions are available for high-volume or multi-entity organizations, with custom systems, reporting, and pricing tailored to your needs.
Our Approach
Your Vision is the Foundation of Every Financial Decision We Make
At MidCoast, your vision drives everything we do. By aligning taxes, finances, and stewardship, we create a unified strategy that reflects your goals and values.
Every decision is designed to support what matters most to you—bringing clarity, purpose, and confidence to your financial journey.
Our Approach
Your Whole Picture, One Seamless Plan.
Life is unpredictable, but your financial plan shouldn’t be. With everything under one roof, we ensure every decision works together—bringing clarity, simplicity, and peace of mind.
Case Study
See the Midcoast Advantage
At MidCoast Tax, we helped a business client reduce their AGI from $319,200 to $239,722 and their tax liability from $55,800 to $36,600. This turned a $2,180 balance due into a $17,020 refund—showcasing the impact of our tailored tax strategies.
Featured Insights
Your guide to smarter financial choices.
Our resources simplify complex topics, empowering you to make confident decisions at every turn.
Debunking Tax Myths: What Individuals and Businesses Need to Know
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OBBBA Numbers Made Simple: Your Essential Business Tax Cheat Sheet
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Mastering the OBBB Act: Essential Tax Changes Every Business Owner Must Know for 2025–2027
Mastering the OBBB Act: Essential Tax Changes Every Business Owner Must Know for 2025–2027 If there’s one thing business owners can count on, it’s change—and few areas evolve faster than the tax code. With the passage of the One Big Beautiful Bill Act (OBBB) and...
What is Financial Planning
You might think the term "financial planning" is self-explanatory. It sounds like it should just mean "planning your finances." However, for many people, the path from where they are today to where they want to be isn't always a straight line. There is a common...
Are You Maximizing the new 20% Qualified Business Income Deduction?
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Ready to Experience the Midcoast Difference?
Let’s connect and explore how we can bring clarity and confidence to your financial journey.
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