Business Details
22 Years
experience
Your Trusted Partner for Accounting Solutions in Chandler
At LBS Tax, we have dedicated ourselves to transforming the complexities of tax and accounting into streamlined solutions for businesses and individuals. With over four decades of combined experience across diverse industries, our team of certified professionals brings technical expertise and personalized service to every client interaction. We specialize in tax preparation, bookkeeping, payroll services, and IRS representation, empowering clients to focus on growth while we handle financial intricacies. Our commitment to accuracy, compliance, and proactive planning is rooted in a deep understanding of both local regulations and national tax codes. As a locally-owned firm in Chandler, Arizona, we prioritize transparency, responsiveness, and ethical practices, ensuring clients receive tailored strategies that minimize liabilities and maximize financial clarity.Our Enrolled Agent status grants us the authority to represent taxpayers before the IRS, providing an added layer of assurance for clients navigating audits or disputes. By leveraging cloud-based technology, we deliver efficient, secure services regardless of client location, while maintaining the personal touch that has defined our reputation since 2004. Our mission remains steadfast: to provide peace of mind through comprehensive financial guidance that aligns with each client's unique goals.
Services
Tax Preparation
Bookkeeping
Payroll Services
Tax Resolution
Business Consulting
IRS Representation
Profit First Coaching
Audit Support
Debt Resolution
Financial Statements
Details
- Year established: 2004
Highlights and features
- We offer 40+ years of combined industry experience across diverse sectors.
- Our team includes IRS-licensed Enrolled Agents for audit representation.
- We guarantee accurate tax filings with year-round support and error correction.
- We provide cloud-based solutions for secure, location-independent service delivery.
- We prioritize transparent communication and personalized financial strategies.
Associations and certifications
- Enrolled Agent (EA)
- IRS Authorized Tax Accountants
What people say
Best tax professional
Responsive and flexible
Client-focused approach
IRS expertise
Virtual appointments work great
Services
Tax Preparation
We provide comprehensive tax preparation services for individuals and businesses, ensuring compliance with federal, state, and local regulations. Our team stays current with evolving tax laws to identify deductions and credits that minimize liabilities. Clients receive strategic guidance to optimize returns while avoiding common audit triggers.
Bookkeeping
Our bookkeeping services include income/expense tracking, accounts payable/receivable management, and monthly financial reporting. We implement cloud-based systems for real-time visibility into cash flow and profitability. Accurate record-keeping ensures informed business decisions and seamless year-end tax processing.
IRS Representation
As IRS-licensed Enrolled Agents, we represent clients during audits, collections, and appeals. We negotiate payment plans, offers in compromise, and penalty abatements while ensuring compliance. Our expertise reduces stress and complexity when resolving tax-related conflicts.
Payroll Services
We handle payroll processing, tax withholding calculations, and regulatory filings to maintain compliance. Our services include garnishment management and year-end W-2/1099 preparation. Automated systems ensure timely, accurate payments while mitigating employer liability risks.
Tax Resolution
We specialize in resolving delinquent taxes, liens, and levies through strategic negotiation with the IRS. Services include installment agreements, penalty abatement, and discharge planning for bankruptcy cases. Our goal is to restore financial stability while minimizing long-term consequences.
People
Sharon A. Lewis
President
Sharon founded LBS Tax in 2004 after a decade in banking and mortgage operations. A licensed Enrolled Agent since 2007, she holds a Bachelor's in Accounting and specializes in IRS representation. She teaches tax planning workshops and serves on local business associations.
Questions
How do I handle sales tax for my small business?
Register for a sales tax permit, collect taxes from customers, and remit payments to appropriate authorities. We can guide you through jurisdiction-specific requirements.
What documents do I need for tax preparation?
Provide income statements, expense receipts, bank statements, payroll records, and prior tax returns for accurate filing.
How can I avoid an IRS audit?
Maintain accurate records, report all income correctly, and avoid excessive deductions. Our professionals ensure compliance to reduce audit risks.
Do you offer virtual tax consultations?
Yes, we provide secure virtual appointments for tax preparation, bookkeeping, and resolution services.
Can taxes be discharged in bankruptcy?
Certain tax liabilities may qualify under Chapter 7 or 13 with proper timing and documentation. We coordinate with bankruptcy attorneys for optimal outcomes.
What is Profit First accounting?
We implement Profit First systems to allocate funds for taxes and expenses automatically, improving cash flow management for businesses.
