Find answers to common questions about our tax, bookkeeping, ITIN, and business services.
General
What services does Mida Firm provide?
Mida Firm provides professional bookkeeping, tax preparation, ITIN assistance, and business support services for individuals, self-employed professionals, and small businesses throughout the United States.
Who are your typical clients?
We work with individuals, entrepreneurs, independent contractors, and small business owners who want reliable financial support and personalized service.
Do you serve clients remotely?
Yes. Our services can be completed securely online, allowing us to assist clients anywhere in the United States.
Do you offer services in Spanish?
Yes. We proudly serve clients in both English and Spanish.
How do I become a client?
Simply contact us to schedule a consultation. We'll discuss your needs, explain our process, and provide a customized service plan.
Bookkeeping
Why is bookkeeping important?
Accurate bookkeeping helps you understand your business finances, prepare for tax season, monitor cash flow, and make informed business decisions.
What bookkeeping software do you use?
We primarily work with QuickBooks Online but can also assist with other accounting systems depending on your needs.
Can you clean up overdue bookkeeping?
Yes. We specialize in catch-up and clean-up bookkeeping for businesses that need to organize past financial records.
How often should my books be updated?
Most businesses benefit from monthly bookkeeping, although some may require more frequent updates depending on transaction volume.
Will I receive financial reports?
Yes. We provide financial reports that help you understand your business performance and make better financial decisions.
Taxes
What tax returns do you prepare?
We prepare tax returns for eligible individuals, self-employed taxpayers, and businesses, based on applicable federal and state requirements.
What documents do I need?
Required documents vary depending on your situation but commonly include income statements, identification, expense records, and prior-year tax returns.
Can you help with IRS letters?
Yes. We can review IRS correspondence, explain what it means, and help you determine the appropriate next steps.
Can you file prior-year tax returns?
Yes. If you have unfiled tax returns, we can help you become compliant by preparing eligible prior-year returns.
Can you help maximize deductions?
Yes. We identify deductions supported by tax law and your documentation to help ensure an accurate return.
ITIN
What is an ITIN?
An Individual Taxpayer Identification Number (ITIN) is issued by the IRS to individuals who are not eligible for a Social Security Number but have a U.S. tax filing requirement.
Who needs an ITIN?
Individuals who must file a U.S. tax return or are claimed on certain tax returns but are not eligible for an SSN may need an ITIN.
Can I apply through Mida Firm?
Yes. We assist eligible applicants throughout the ITIN application process.
What documents are required?
Requirements vary depending on your situation, but generally include proof of identity and foreign status as required by the IRS.
How long does the process take?
Processing times depend on the IRS and may vary throughout the year.
Business
Can you help me start a business?
Yes. We assist clients with business formation and help them understand the steps involved in starting a new business.
Can I form an LLC with an ITIN?
In many cases, yes. Eligibility depends on state requirements and your individual circumstances.
Do I need an EIN?
Many businesses require an Employer Identification Number (EIN), particularly if they have employees, multiple owners, or elect certain tax classifications.
Can you help me maintain compliance?
Yes. We help businesses stay organized with bookkeeping, tax preparation, and guidance on ongoing financial responsibilities.
Contact
How do I schedule an appointment?
You can contact us through our website, by phone, or by email to schedule a consultation.
Do you offer virtual appointments?
Yes. Virtual consultations are available for all of our services.