What documents do I need to provide for tax preparation?
Typically, you’ll need to provide income statements, expense receipts, previous year’s tax returns, W-2s or 1099s, investment records, and any other relevant financial documents.
What industries do you specialize in?
Manufacturing, service providers and retailers comprise the bulk of our clients.
Is outsourcing profitable?
Yes, outsourcing accounting can be highly profitable for a small business. Here are some key benefits:
Cost Savings: Outsourcing eliminates the need for salaries, benefits, and office space for in-house accountants. You only pay for the services you need, which can lead to substantial savings.
Access to Expertise: You gain access to skilled professionals with specialized knowledge and experience, which might be difficult to find and retain in-house.
Time Management: Outsourcing frees up time for business owners to focus on core activities like growth and strategy, rather than managing financial records.
Improved Accuracy and Compliance: Professional accountants are well-versed in financial regulations and can minimize errors, ensuring compliance and accurate financial reporting.
By leveraging these benefits, small businesses can improve their financial management, reduce overhead costs, and enhance overall profitability.
What software do you use for accounting and bookkeeping?
We use QuickBooks and Sage primarily, but have experience with a wide range of systems, including ERPs.