Our Services
Business Bookkeeping
Business and catch-up bookkeeping involves systematically recording, organizing, and managing a company’s financial transactions. This essential process ensures that all income, expenses, assets, and liabilities are accurately documented. Proper bookkeeping helps businesses maintain financial clarity, comply with tax regulations, and prepare detailed reports. It also supports better decision-making by providing insights into cash flow and profitability, aiding in growth and strategic planning. Catch-up bookkeeping involves updating missing financial records, ensures accurate tax records for filing, and prepares businesses for audits, making it a cornerstone of sound financial management. Whether managed in-house or outsourced, accurate bookkeeping is vital for operational success and long-term financial stability.
Payroll & Compliance Reporting
Payroll, compliance audits and quarterly reports are crucial aspects of financial management for any business. Payroll involves calculating employee wages, withholding taxes, and ensuring timely payments, while maintaining compliance with labor laws and tax regulations. Quarterly reports provide a snapshot of a business’s financial health. Including liabilities for a specific period. These reports help businesses assess performance, make informed decisions, and fulfill tax obligations. Accurate payroll and quarterly reports not only ensure compliance with government requirements but also enhance transparency and trust among employees and stakeholders. They are essential tools for maintaining a well-managed and financially sound business. Payroll audits for insurance; workers comp or liability included can be time consuming and a daunting task. Compliance reports for both employees, contractors, gathering all the payroll reports & coinciding financial reports needed for audit period, now worries. We do it all !!
Sales Tax Prepare & Reporting
Cloud-based accounting software and Invoice application software has the ability to add sales tax to invoices with the proper set up and the type of product you’re selling. While keeping compliant with Quarterly or Monthly reporting requirements determined by your local tax department, we can provide the services needed to manage your sales tax obligations and prepare your sales tax returns in an efficient and timely manner.
Business Formation & Entity Selection
Starting a business takes planning and a vision, sustaining and growing your business with the correct set-up can be even more difficult. LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications of each destination. We apply for your EIN and required licenses or permits . As your business grows and changes, the type of business entity you choose may need to change also. We are here to help with every step. https://www.sos.ca.gov/
Accounting Software & Apps Selection
There are many accountings software and connector applications to research and evaluate. To test each one while making the decision if they are suitable match for your growing business can become expensive and time consuming. We can assist in your software selection, ensuring features, capabilities with a secured platform without overpaying for modules you would never use or grow into.
Tax Preparation Business & Personal
Let’s file your tax returns : 1120-S Corp & 1165 -Partnership deadline March 15 , 1040-Personal &1120-Corporation by April 15., 1041 Estate & Trust deadline is April 15. after the close of the Trusts or Estate tax year. For example: if the Estate or Trust closed by December 31, the due date is April 15 of the following year. if these dates land on the weekend the due date is on Monday. Form 990, 990-EZ, or 990-PF must be filed May 15.
Estate & Trust Tax Preparation
It’s a daunting task when it comes to estate matters. To avoid a long process of probate, set-up your Estate & Trust with your attorney. When the time comes to file your 1041 return, we work with you, the administrator and your attorney to file the decedent’s final returns and coinciding trust returns. This is a long process, but we are here to help.
