Month End Accounting Services
Our services range from preparing sales tax returns to monthly payroll taxes, to compiling your information on a monthly basis, reconciling bank accounts, calculating payroll and sales taxes, and preparing monthly financial statements. We can pick up and deliver your work, or we can come to your office and perform these services in your QuickBooks Accounting Software. On average, the fees for these services range between $400 to $550 per month based upon your specific needs.
Quarterly Accounting Services
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Prepare Payroll Tax Returns
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Quarterly Sales Tax Returns
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Bank Reconciliation
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Financial Statements
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QuickBooks Corrections and Review
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Tax Notices
Accounting Software Setup Services
We can assist you in determining and setting up the computer program appropriate for your size business. We can maintain your records, or train your personnel to keep accurate and up-to-date records. Monthly, we will review your self-prepared records for accuracy and tax compliance.
Controller For Hire Services
We provide senior level accounting assistance custom design for your needs. There are no contracts for this service. You may increase or decrease the occurrence of the delivery of this service or what specific assistance you need in the service.
These services can include monthly closing of your books, assistance with tax notices, preparation of payroll and payroll returns, reconciliation of bank accounts, review and updates of your QuickBooks or Peachtree Accounting software, training of your internal staff and other financial/accounting services.
These services are provided at your office, or remote access, at the hourly rates of the staff providing the services. These hourly rates on average are $150 per hour.
New Business Formation
Thinking of owning your own business?
Opening your own business is exciting. But it's everything that comes after the initial excitement has worn off that determines whether a small business will actually make it or not.
We help you...
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Prepare an initial business plan to clarify your marketing, management, and financial plans.
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Determine your start-up capital needs, and identify sources of capital.
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Assisting in obtaining convention or SBA financing.
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Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation, and portability should you need to relocate.
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Select the right accounting software based on your budget, needs, and hardware.
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Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years.
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Establish billing and collection procedures to maximize your cash flow and disbursement, and approval procedures to control costs.
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Prepare and file your application for your Federal Employer Identification Number.
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Provide payroll and payroll tax filing when you bring on your first employee.
Our Small Business Department is devoted to assisting the business owner with as much or as little assistance as they need. We will come to your place of business to discuss your specific needs. We can then design a service package that best suits your needs that is flexible in design and price.
Incorporation Services
We offer seminars on a variety of topics of interest to small business owners.
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Retirement Planning
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New Tax Legislation
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Reducing Employee Turnover
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Basics of Running a Business
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Business and Liquor Licenses
Entity Selection
Are you using the correct structure for your business? Let us show you the alternatives. More details are provided in our free Small Business Tool Kit, which we provide you with in an electronic copy or a printed copy.
Sole Proprietorship: Small Business Owner incorporated files Schedule C with personal tax return. All the earnings of the business are subject to self-employment tax. Owner is held liable for parts of the business.
Partnership: Business with at least two owners-not incorporated, but file a partnership tax return. Most of the earnings are subject to self-employment tax. At least one partner held liable for the partnership activities.
Corporation: Separate and distinct entity. Is subject to corporate taxes. Owners limited in the ways they can draw money from the company.
S Corporation: Allows the owners more flexibility in receiving money from the company. It does not pay corporate taxes. Income and losses flow to the shareholders personal tax return. Earnings are not subject to self-employment tax. Several ways shareholders can reduce taxable income from the S Corporation.
Limited Liability Company (LLC): Can be treated as corporation or partnership. Easier to form than a corporation.
For each of the above entity types, there are pros and cons. Some provide better asset and liability protection. Some result in lower taxes than others. Some are easier to administer, sell, or terminate than others. If you are unsure which entity would best suit your company, let us sit down with you and help you understand the best kind of entity structure for your particular business and long term goals.
