Services

From payroll services to small business accounting, empower your organization to make the right decisions at the right time with accounting and bookkeeping services. Our goal is to help you achieve complete financial health and growth!

• Income Tax Preparation
• Business Tax Return Preparation
• Accounting System Setup For Business
• Advisory Services Business Consulting
• Bookkeeping
• Payroll, W2 & 1099
• Financial Statements
• Formation to new companies from five basic legal structures:
Sole proprietorship
Partnership
S Corporation
C Corporation
Limited Liability
Company (LLC).

Bookkeepers are responsible for gathering information from purchases, verifying receipts, and balancing the books. Other duties include bank reconciliation - comparing the books to bank statements and other source documents to ensure that the books are accurate and up to date, and monthly financial reports that summarise the company’s financial position.

Some bookkeeping also includes:

-Creation and distribution of invoices
-Collection of unpaid bills
-Making sure that suppliers' invoices are paid on time
-Managing the payroll and employee deductions
-Preparing and filing tax returns
-Helping to create annual profit and loss statements and balance sheets
-Budgeting and forecasting

Financial statements refer to a set of reports that show how a business is performing financially and all business activities related to running the business. These statements are used by accountants to prepare tax reports or government agencies for auditing purposes.

his information provides accuracy for tax purposes and allows a business to invest accordingly or seek financing.

Financial statements include the balance sheet (which shows assets, liabilities, and equity), income statement (provides revenue and expenses and net income for a set period) and cash flow statement (shows how well a business generates revenue in order to pay operating expenses, fund investments and pay any outstanding debt).

What is a 1099?

A 1099 is a form stating to the Internal Revenue Service (IRS) that a nonemployer paid money to an individual or business. There are many types of 1099 forms, but the most common are 1099-NEC and 1099-MISC .

These forms—typically issued to freelancers and independent contractors—report wages without taxes withheld, such as Medicare and Social Security, to the IRS. Those who earn more than $600 for nonemployee compensation will receive the 1099-NEC form, which replaced Form 1099-MISC.

What is a W-2?

Form W-2 reports all payments an employee receives within a year. The employer provides this form to all employees at the end of the calendar year.

The information on a W-2 form includes:

State income: The amount withheld for state income tax purposes.

Medicare and Social Security income: The amount of money the employer withholds to pay FICA taxes.

Taxable income: The amount an employee made that year and the amount withheld for federal taxes.

What is a Business Advisory Service?

A business advisory service is a service that helps a company or organization achieve success with new business ideas and strategies. It provides business advice and assists the company to make strategic plans to develop its overall growth and make a better future for the firm. The service plays a pivotal role in the organization to satisfy the customers with its new and updated products and services immediately. Business advisory service includes commercial and financial guidance, customized business planning, financial management, business strategies and techniques, and financial reporting.

How does a business advisor work?

Form W-2 reports all payments an employee receives within a year. The employer provides this form to all employees at the end of the calendar year.

The information on a W-2 form includes:

A business advisor works with different processes in order to meet the company’s business goal.

-Research and Analysis

-Planning strategically and rationally

-Implementation process

-Evaluation process