As a business owner, your time is best spent growing your company, but properly filling your taxes cannot be ignored. We have the expertise to identify and prepare all tax returns required for your business. We will save you the time and hassle of doing it all on your own and work diligently to help lower your tax liability and keep more money in your pocket.

We are happy to provide tax filing and preparation services for the following business entities:

• Corporations

• Partnerships

• Sole proprietors

• Nonprofit organizations

We will prepare all Federal, State and Local returns as well as all estimated quarterly filings. Our staff will ensure that you are in compliance with all tax authorities, enabling you to focus on what you do best – running your company. Our fees are often hundreds of dollars less than what most CPA Firms charge.

Corporate Returns – $250

Partnership Returns – $250

Non-Profit Returns – $250

Some complex returns require additional fees. We will always give a firm quote after reviewing your documents.

Book Keeping

As a business owner you have more important things to do than to keep your own books.  We take care of your books for you, so you can get back to the job of running your business and generating profits.

Although fees can vary, depending upon the clients needs, the following prices are typical:

$250 per quarter – Includes all of the above services and up to 100 transactions per month.

End of year Tax Returns, 1099s and Reports – $250

Total Yearly Cost – $1250.00

Each month or quarter we’ll do the following things for you

• Reconcile your bank account
• Generate an income statement
• Generate a balance sheet
• Generate sales tax and other tax coupons as needed
• Clean up your general ledger
• Provide unlimited consultations

These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.

Having us reconcile your account each month allows you to…

• Identify lost checks, lost deposits and unauthorized wire transactions.
• Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
• Detect and prevent embezzlement of funds from within your company.
• Know how your business is doing? You can’t really know unless all accounts are reconciled and properly accounted for on your financial statement.
• Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
• Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists. Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to…

• Track revenues and expenses so that you can determine the operating performance of your business.
• Determine what areas of your business are over-budget or under-budget.
• Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
• Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
• Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business’ financial condition at a specific moment in time.

A balance sheet helps you…

• Quickly get a handle on the financial strength and capabilities of your business.
• Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
• Determine if your business is in a position to expand.
• Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
• Determine if you need to take immediate steps to bolster cash reserves?
• Determine if your business has been slowing down payables to forestall an inevitable cash shortage?

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

The general ledger is the core of your company’s financial records. These records constitute the central “books” of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we’ll fix the discrepancies so your books are always accurate and kept in tip top shape.

Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Payroll

Complete Payroll Processing! Just send us your employee’s pay information and we do the rest – We compute all tax deductions (federal, state, local), commissions, bonuses, pre-tax deductions, etc.

Fees 

$60 per month plus $2 per employee per pay period.

For example, a company with 5 employees, paying bi-weekly, would pay $80 per month (5 x 2 pay periods x $2, plus $60)

Checks/Direct Deposits – Want paychecks mailed to you? Direct deposits to your employees’ bank accounts? – Your choice.

Payroll Taxes – We prepare and file all required Federal and State payroll tax returns on your behalf. We can also impound all payroll taxes and pay them for you when due, so you don’t have to think about it. And best of all, this is all included when you sign up for our payroll service.

Year-end tax documents – Your employees’ W-2s are completed, printed, and sent to you at the end of the year, at NO additional charge.

Paychecks – Once we set up your payroll account, all you need to do is to provide us with your employees’ pay information at the end of each pay period (using our customized time sheets), and we do the rest. You can fax or call in your information at each pay period or even use our web site to post your information. You will receive your paychecks in the mail (via your choice of delivery method), or have funds directly deposited to your employees’ accounts. You will also receive a complete set of payroll reports with each payroll run.   ·

• Tax Deposits – We will impound  (withhold) all payroll taxes from your account (if you so wish), and deposit them on your behalf to the appropriate governmental agencies on a timely basis.
• Tax Filings – At the end of each quarter and at year-end (or monthly in some cases), we will complete all relevant tax returns, including Federal 941, 940, state withholding reports, and unemployment reports. We will also provide you with your employees’ W-2 forms at year-end.