Provide your business with detailed bookkeeping services, including Accounts Payable, Accounts Receivable, and Payroll processing to help you record and manage your daily business transactions. Our services include check writing, bill paying, customer invoicing, receiving and recording deposits, receivables and payables tracking and analysis, bank statement and credit card reconciliation, depreciation, sales and inventory tracking, paying your employees and subcontractors, and making tax deposits. We can customize our services to meet the needs of your business, whether you need assistance in one or two of these areas, or need a full range of bookkeeping services provided in order to allow you to concentrate on other aspects of managing your business.
Our firm offers complete payroll processing and payroll tax reporting services. We prepare all federal and state returns and offer electronic filing capabilities. We offer you and your employees many personalized options such as Direct Deposit, with the capability to deposit into multiple accounts. We do what ADP and Paychex do, but with a personal touch. For more information, see our separate Payroll Services page, or contact us.
Pension & Profit Sharing Plans
If you own a small business, we can show you how the SIMPLE Retirement Plan can save you three to six times more money than an IRA, and how it’s cheaper to maintain and easier to understand than a 401K and other retirement plans. We can help you decide which retirement plan is best for you.
We provide you with a monthly or quarterly income statement and balance sheet that compile your financial transactions for the period. These financial statements are custom designed for your type of business. They may include reports that give you comparisons of actual results with budgeted, or current year results with prior year results. Other financial statements we provide include a general ledger, payroll journal and bank reconciliation. We will show you how to use these “tools” to run your business successfully.
Compilation and Review Services
Our firm provides professional compilation and review services to businesses of all sizes. We prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP) or other basis of accounting for use by banks, investors, and other third parties.
We prepare all of your tax returns – payroll taxes, sales taxes, and annual corporate income taxes – promptly. We regularly offer tax saving advice and periodically send you literature regarding the latest tax law changes and how they affect you.
IRS and State/Local Representation
Our firm knows the tax laws, and we are knowledgeable of current tax practices. We can provide you complete representation services before the IRS as well as state and local taxing authorities. We are also experienced in negotiating Offers in Compromise with the IRS.
Financial Forecasts and Projections
We can work with you each year to develop a monthly budget for the upcoming year. Coupled with the financial statements we give you, these reports will be the tools that tell you how your business is doing versus what you planned.
Business Consulting, Incorporation, and Valuations
If you’re new in business, we can help you decide if you should incorporate and if you should elect S corporation status. If you would benefit from incorporating, we can facilitate the process and help you accomplish that for your business. Our firm also provides cost-effective business valuation services, quickly and efficiently.
We prepare all your taxes – payroll, sales, and income taxes – promptly. We regularly offer tax saving advice and periodically send you literature regarding the latest tax law changes and how they affect you. If you’re new in business, we can help you decide if you should incorporate and if you should elect S corporation status.
We can show you how using a computer (and the right software) to perform your daily accounting tasks can save you time and money, whether you are a beginner or a more advanced user. We can teach you how to perform tasks like billing your customers on the computer so you’ll always be able to quickly know how much they owe you or how much they’ve paid you, or writing checks using the computer to track your expenses and know your correct cash balance at any time. We can incorporate these records into the accounting work we can do for you, or if you have some accounting knowledge or the proper staff, we can help you set up your chart of accounts to properly keep track of your daily transactions in-house, with us periodically reviewing your general ledger and financial statements for you, but not compiling or auditing them. Our consultants are available to assist you in choosing which version of the program is best suited to your needs before you make a purchase, and we can then also help you with installation, proper setup, one-on-one or group training, and file maintenance and review.