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

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Business Mastery

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Accounting

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Bookkeeping

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Analysis

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Forecasting

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Payroll

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Tax Preparation

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Tax Planning

Latest News

Dates to Remember

Subscribe Now

What are Common Business Deductions?

https://youtu.be/YDijN_wCwOc Okay, folks, it is Kevin Molen once again with Molen and Associates. But today, today, we are talking about a crucially important topic. We're talking about common business deductions. Now, I don't want this video to be an hour long, so...

How are PPP & EIDL Accounted for on my Bookkeeping & Tax Preparation

How are PPP & EIDL Accounted for on my Bookkeeping & Tax Preparation https://youtu.be/PZcIH7-GL2U Hey, folks. Kevin Molen with Molen and Associates here wanted to give you a quick update on how we are treating the payroll protection program, loans and grants...

Changes With Education Credits: A Breakdown of American Opportunity and Lifetime Learning Credits

What Has Recently Changed with Education Credits?Here are a few changes due to recent legislation for education tax credits. There used to be 3 education tax credits, now there are 2. The American Opportunity Credit (Spend $4k and get $2.5k in credit) and the Lifetime...

Taking Money Out of a Business & QBI

https://youtu.be/nMfyfhqciis We get a lot of questions about the best ways to take money out of a business and how this money is taxed. Essentially, for S-Corporation owners, there are two main ways to do this: Owner’s Draw or W2 Wages. However, there is a deeper, and...

How to File Your Stimulus Check on Your Tax Return…Correctly!

What do I do with the Stimulus Check Letter for 2021?Hey folks, I’m Kevin Molen with Molen & Associates. I wanted to give you a quick update on stimulus checks, as many of you would have seen based on the third round of stimulus that was passed and paid in 2021....

How do the Child Tax Credit Advance Payments Impact Your Taxes?

Am I Going To Owe More On My Taxes Due To the Advanced Child Tax Credit Advanced Payments?Hey folks, Kevin Molen with Molen & Associates here. I wanted to give you a quick update on the advanced child tax credit payments. Now, if you don't know what I mean when I...

No Taxation Without Representation!

Early American colonists adopted what is commonly considered their first slogan of “No taxation without representation”.  While this slogan specifically regarded their requirement to pay taxes to Britain without having any political influence, it is still valuable,...

Why You Shouldn’t Let Your Children File Their Own Taxes

Common Mistake With Children Filing Their Own Tax ReturnHey folks, Kevin Molen with Molen & Associates here. I want to give you a quick update one of the things we're seeing a lot. It is dependent children who got their first summer job or maybe they're even...

Outsourced Bookkeeping Services: Long-Term Solution

Outsourced bookkeeping is a service which provides a well-managed full bookkeeping department experience for small businesses. It is the business practice of hiring a firm outside a company to perform services and create a product that traditionally was performed...

Required Minimum Distribution (RMD) Update for 2022

Don't Forget to Take Your RMDsHey folks, Kevin Molen with Molen & Associates here. I want to give you a quick update regarding a specific topic that some people are asking questions about, that really should be clear-cut. So, let's set the record straight - the...

Needs Analysis

Free One Hour Discovery meeting for any new business owner 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

What are Common Business Deductions?

https://youtu.be/YDijN_wCwOc Okay, folks, it is Kevin Molen once again with Molen and Associates. But today, today, we are talking about a crucially important topic. We're talking about common business deductions. Now, I don't want this video to be an hour long, so...

How are PPP & EIDL Accounted for on my Bookkeeping & Tax Preparation

How are PPP & EIDL Accounted for on my Bookkeeping & Tax Preparation https://youtu.be/PZcIH7-GL2U Hey, folks. Kevin Molen with Molen and Associates here wanted to give you a quick update on how we are treating the payroll protection program, loans and grants...

Changes With Education Credits: A Breakdown of American Opportunity and Lifetime Learning Credits

What Has Recently Changed with Education Credits?Here are a few changes due to recent legislation for education tax credits. There used to be 3 education tax credits, now there are 2. The American Opportunity Credit (Spend $4k and get $2.5k in credit) and the Lifetime...

Taking Money Out of a Business & QBI

https://youtu.be/nMfyfhqciis We get a lot of questions about the best ways to take money out of a business and how this money is taxed. Essentially, for S-Corporation owners, there are two main ways to do this: Owner’s Draw or W2 Wages. However, there is a deeper, and...

How to File Your Stimulus Check on Your Tax Return…Correctly!

What do I do with the Stimulus Check Letter for 2021?Hey folks, I’m Kevin Molen with Molen & Associates. I wanted to give you a quick update on stimulus checks, as many of you would have seen based on the third round of stimulus that was passed and paid in 2021....

How do the Child Tax Credit Advance Payments Impact Your Taxes?

Am I Going To Owe More On My Taxes Due To the Advanced Child Tax Credit Advanced Payments?Hey folks, Kevin Molen with Molen & Associates here. I wanted to give you a quick update on the advanced child tax credit payments. Now, if you don't know what I mean when I...

No Taxation Without Representation!

Early American colonists adopted what is commonly considered their first slogan of “No taxation without representation”.  While this slogan specifically regarded their requirement to pay taxes to Britain without having any political influence, it is still valuable,...

Why You Shouldn’t Let Your Children File Their Own Taxes

Common Mistake With Children Filing Their Own Tax ReturnHey folks, Kevin Molen with Molen & Associates here. I want to give you a quick update one of the things we're seeing a lot. It is dependent children who got their first summer job or maybe they're even...

Outsourced Bookkeeping Services: Long-Term Solution

Outsourced bookkeeping is a service which provides a well-managed full bookkeeping department experience for small businesses. It is the business practice of hiring a firm outside a company to perform services and create a product that traditionally was performed...

Required Minimum Distribution (RMD) Update for 2022

Don't Forget to Take Your RMDsHey folks, Kevin Molen with Molen & Associates here. I want to give you a quick update regarding a specific topic that some people are asking questions about, that really should be clear-cut. So, let's set the record straight - the...

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

 

Tax Season Hours

Mon - Fri - 8:00am-8:00pm

Saturday - 9am-1:00pm

Sunday - Closed

Entrepeneurial operating system

Building Relationships that Last Generations

 

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