Tax Services and Accounting for Digital Marketing Agencies

Accountants for Digital Marketing & Advertising

Digital Marketing Agencies are experiencing radical change. As more and more competitors enter the market, agencies are constantly pushed to innovate their client experience and technology.

As certain marketing services have become commoditized, more and more agencies have moved to leveraging technology to track and optimize performance. In the last five-year period, business owners have invested significantly in technology and people to keep up with demand and offer technology-based solutions. While this remains a successful formula for growth, this trend often leaves business owners wondering if they’re achieving the right kind of growth, what their ROI is (and should be), and whether there are tax or financial strategies available to them that may help keep cash in the business.

That is why our digital marketing accountants have developed tools and metrics that help agencies understand their own progress against goals and how they measure up to the rest of the industry. To keep up with our clients, we are constantly improving our proven method for providing a first-rate client experience.

What’s Included In Our Tax Services for Digital Marketing Agencies? 

Internet marketing is fast and complex. To fully understand your financial situation, you need a set of solutions that adapt to your unique position within a rapidly evolving industry. At Tax Hack Accounting Group, we have put together tax planning and accounting services that can help your business grow.

Here is a sample of the solutions we offer for digital agencies:

  • Prior Year Tax Return Review Covering Missed Strategy and Deductions*
  • QuickBooks, Xero, Accounting Systems Diagnostic 
  • Financial Projections & Tax Liability 
  • Tax Credits Analysis 
  • Entity Considerations, Structuring Optimization, and Tax-Optimal Buy-Sell Agreement 

Our focus is well beyond tax return filings, as we find agencies are looking for a partner who can constantly deliver more. And that’s just what our digital marketing accountants do in our On-Ramp program.

R&D Tax Credits Will Save You Cash 

The R&D tax credit was introduced in 1981 to assist new businesses with research and development costs. As the tech sector has grown, so have the opportunities to use this tax credit to slash tax liability. Consider the software that you use. Consider the investments you’ve made to update your CRM, to improve your tracking tools, or to analyze your marketing campaigns. All of these are potential opportunities for a digital marketing company to reduce its tax liability.  

The team at Tax Hack Accounting Group can walk you through every available tax credit and tax deduction available to help your digital marketing business maximize its profits.


*Bookkeeping services and financial statements provided are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and are prepared by bookkeepers certified in Quickbooks Online and Xero. Financial statements prepared for management purposes do not require a state license and should not be relied upon as independently audited statements. 

On-Ramp for Business

 

tax form

Tax

Business and entrepreneur tax returns and compliance 

Quarterly estimated taxes

Tax credit analysis

IRS controversy correspondence, representation, and audit defense

accountant

Reporting

Financial reviews and bookkeeping* 

Quickbooks or Xero accounting diagnostic

Chart of accounts

Key Performance indicators benchmarking

tax automation

Financial Systems

Systems integration and automation 

Accounting software implementation

R&D and Work Opportunity tax credit tracking automation

Accounting system integration

 

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Why Do I Need A Strategic Tax & Accounting Advisor?

 

penalty

Avoid Unnecessary Penalties

Software products don’t fight penalties or take little-known deductions. We do.

focus

Deliverables and Strategy Focused

We make sure that our advisors are aware and transparent about the goals for each client.

strategy

Live & Ongoing Strategy

We provide “live” advice that ensures you take action to realize available savings before the ink “dries” on your financials.

tax expert and consulting

Expertise

Our tax experts know how the IRS works and how to save $1,000’s in tax without raising red flags.