Stay Ahead of Law Changes & Protect Yourself Against Being Audited: Corporate Transparency Act and Reasonable Compensation

BUSINESSES

How we can help you

Molen & Associates uses a holistic and coordinated approach to complex tax issues. Over the last 40 years, we have developed and refined a proven processes to help our business clients succeed not only financially but in all matters of their business.

Most small business owners waste valuable time attempting to manage their finances and records. This time could be far better spent focusing on the service or the clients your business specialize in. The more you can focus on your most profitable actions, the more profitable your business will be.

Leave the tedious, time-consuming jobs of bookkeeping,  accounting, tax preparation and financial forecasting to the professionals! With a team of professionals at Molen & Associates, we won’t only save your time, but your records will be more accurate and you will probably save you money as well. By integrating your bookkeeping and tax preparation, there are deductions that we may uncover throughout the year that will save you money on your taxes.

What We Provide

Bank Reconciliation

  • identify lost checks, lost deposits, or unauthorized wire transfers.
  • detect and prevent embezzlement of funds from within your business.
  • track your business growth and manage your cash effectively.
  • protect yourself from bank errors, fraudulent checks, and other financial crimes directed toward your business

Income Statements

  • we can provide you with regular profit / loss statements that will help you track the operating costs of your business.
  • understand what areas of your business are over / under budget and identify the specific areas that need attention to keep your business profiting.
  • track increases in product sales or returns as a percentage of your sales.
  • determine your current tax liability.

Balance Sheets

  • gives you a snapshot of the financial health of your business at any given point of time.
  • identify and analyze trends in receiving and payables and take prompt action to keep those trends going in a direction beneficial to your company.
  • balance sheets, along with income statements, are the single most important elements for reporting to potential lenders and investors.
  • general ledger management that can help you set up a general ledger system, or identify problems with your current ledger system, that will allow you to eliminate discrepancies and maintain accurate records for your business.

And of course… Tax Planning & Preparation

In Summary

  • Rest easy knowing you have a team of experts to watch over the financial aspects of your business.
  • Know your records are accurate and compliant with laws & regulations.
  • Have more time to focus on the growth of your business.
  • Have a team of advisors that you can consult with when making important decisions for your business.
  • Receive help with enhanced budgeting & cash management.
  • Plan in advance with specific tax tips & strategies.
  • Receive consultation for both short and long-term goals.

Don’t Waste Your Valuable Time on Bookkeeping and Finances… Give Yourself Time to Do What You Do Best!

PAssionately Engaged

We aren't your average tax firm. We specialize in helping you maximize your tax situation and live more comfortably.

Education Focused

We guarantee you will learn something new. If you are looking for an average experience, we probably aren't the firm for you.

Feels Likely FamiLY

We started business 40 years ago out of the Molen's home and to this day, we still treat our clients like family.

 

Other Services

Z

Business Mastery

Z

Accounting

Z

Bookkeeping

Z

Analysis

Z

Forecasting

Z

Payroll

Z

Tax Preparation

Z

Tax Planning

Latest News

Dates to Remember

Subscribe Now

Tax Tips for Newlyweds

Tax & Financial Tips for Newlyweds in Houston Marriage is a significant milestone that not only unites two individuals in partnership, but in most cases, also merges their financial and tax situations. For newlyweds in Houston, understanding the tax implications...

Self-Employment Taxes: A Deeper Dive

Self-Employment Taxes: A Deeper Dive Self-employment taxes are a critical component of the tax system in the United States, impacting individuals who work for themselves. Understanding the nuances of these taxes can help self-employed individuals plan and manage their...

Education Tax Benefits: Maximizing Savings with Credits and Deductions

Education Tax Benefits: Maximizing Savings with Credits and Deductions Navigating the complexities of tax season can be daunting, but for those bearing the costs of higher education, there are valuable tax benefits that can ease the financial burden. Among these are...

How to request Individual Penalty Abatement

How to Request Penalty Abatement Penalty abatement is a great way to help reduce your client's tax debt. Here's how you can request apenalty abatement from the IRS. Let’s say you’ve determined that your client is eligible for a penalty abatement to help reduce their...

Understanding the Child Tax Credit for 2023

Understanding the Child Tax Credit for 2023 The Child Tax Credit (CTC) is a significant provision in the U.S. tax code designed to offer financial relief to families with qualifying children. As we navigate the 2023 tax year, it’s crucial to understand the current...

Tax-Smart Strategies to Pay for College

Tax-Smart Strategies to Pay for College   As the cost of college continues to rise and inflation soars, families are looking for ways to make ends meet. One way to do this is by taking advantage of tax breaks that can help offset the cost of tuition and other...

Unlocking Financial Freedom: The Strategic Power of Revoke-S Elections

Unlocking Financial Freedom: The Strategic Power of Revoke-S Elections As a small business owner, you understand that time, money, and peace of mind are precious commodities. The world of taxes can often feel like a labyrinth of complexities, with ever-changing rules...

The Augusta Rule: A Comprehensive Guide to the Section 280A Deduction for Small Business Owners

As a small business owner, you’re likely familiar with the home office deduction. This popular tax break allows you to write off up to 300 square feet of workspace in your home at a rate of five dollars per square foot, resulting in a potential $1,500 annual...

Unleashing the Mega Backdoor Roth: Maximizing Your Retirement Savings

Unleashing the Mega Backdoor Roth: Maximizing Your Retirement Savings Embark on a financial adventure with us as we introduce you to the not-so-secret world of the Mega Backdoor Roth – the financial strategy that's not only powerful but sounds almost as charming as a...

Get Organized and Sail Smoothly with a Family Tax Firm

How to Get Organized and Sail Smoothly with a Family Tax Firm? Tax season—an annual event that can trigger a range of emotions, from anticipation to anxiety. For small business owners, the prospect of tackling complex forms, deciphering intricate regulations, and...

Needs Analysis

Free One Hour Discovery meeting for business owners looking for an advisor to help them with their taxes or accounting.

S-Corp & Partnership Filing Deadline

TX - June 15th, 2021

Non-TX - May 17th, 2021

Individual, Estate, Trust, & C-Corp Filing Deadlines

TX - June 15th, 2021

Non-TX - May 17th, 2021

Monthly Newsletter

We strive to be education focused in all we do. Sign up for our monthly newsletter to learn from the experts and improve your taxes and finances!

Latest News

Tax Tips for Newlyweds

Tax & Financial Tips for Newlyweds in Houston Marriage is a significant milestone that not only unites two individuals in partnership, but in most cases, also merges their financial and tax situations. For newlyweds in Houston, understanding the tax implications...

Self-Employment Taxes: A Deeper Dive

Self-Employment Taxes: A Deeper Dive Self-employment taxes are a critical component of the tax system in the United States, impacting individuals who work for themselves. Understanding the nuances of these taxes can help self-employed individuals plan and manage their...

Education Tax Benefits: Maximizing Savings with Credits and Deductions

Education Tax Benefits: Maximizing Savings with Credits and Deductions Navigating the complexities of tax season can be daunting, but for those bearing the costs of higher education, there are valuable tax benefits that can ease the financial burden. Among these are...

How to request Individual Penalty Abatement

How to Request Penalty Abatement Penalty abatement is a great way to help reduce your client's tax debt. Here's how you can request apenalty abatement from the IRS. Let’s say you’ve determined that your client is eligible for a penalty abatement to help reduce their...

Understanding the Child Tax Credit for 2023

Understanding the Child Tax Credit for 2023 The Child Tax Credit (CTC) is a significant provision in the U.S. tax code designed to offer financial relief to families with qualifying children. As we navigate the 2023 tax year, it’s crucial to understand the current...

Tax-Smart Strategies to Pay for College

Tax-Smart Strategies to Pay for College   As the cost of college continues to rise and inflation soars, families are looking for ways to make ends meet. One way to do this is by taking advantage of tax breaks that can help offset the cost of tuition and other...

Unlocking Financial Freedom: The Strategic Power of Revoke-S Elections

Unlocking Financial Freedom: The Strategic Power of Revoke-S Elections As a small business owner, you understand that time, money, and peace of mind are precious commodities. The world of taxes can often feel like a labyrinth of complexities, with ever-changing rules...

The Augusta Rule: A Comprehensive Guide to the Section 280A Deduction for Small Business Owners

As a small business owner, you’re likely familiar with the home office deduction. This popular tax break allows you to write off up to 300 square feet of workspace in your home at a rate of five dollars per square foot, resulting in a potential $1,500 annual...

Unleashing the Mega Backdoor Roth: Maximizing Your Retirement Savings

Unleashing the Mega Backdoor Roth: Maximizing Your Retirement Savings Embark on a financial adventure with us as we introduce you to the not-so-secret world of the Mega Backdoor Roth – the financial strategy that's not only powerful but sounds almost as charming as a...

Get Organized and Sail Smoothly with a Family Tax Firm

How to Get Organized and Sail Smoothly with a Family Tax Firm? Tax season—an annual event that can trigger a range of emotions, from anticipation to anxiety. For small business owners, the prospect of tackling complex forms, deciphering intricate regulations, and...

Dates to Remember

Needs Analysis

Free One Hour Consultation for any new business owner looking for an advisor to help them with their taxes or financials.

S-Corp & Partnership Filing Deadline

TX - June 15th, 2021

Non-TX - March 15th, 2021

Individual, Estate, Trust, & C-Corp Filing Deadlines

TX - June 15th, 2021

Non-TX - April 15th, 2021

Subscribe Now

LOCATION

11555 Champion Forest Dr.
Houston, TX 77066

info@molentax.com

Phone: (281) 440-6279

Fax: (281) 716-6000

 

HOURS

Tax Season Hours

Mon - 9:00am-6:00pm

Tues - 9:00am-6:00pm

Wed - 9:00am-6:00pm

Thur - 9:00am to 8:00pm

Fri - 9:00am-6:00pm

Sat - 9:00am-1:00pm

Sun - Closed

Building Relationships that Last Generations

 

Pin It on Pinterest

Share This