VIDEO - BOOKKEEPING AND ACCOUNTING

As your business grows, bookkeeping becomes a chore that you may want to outsource. Bookkeeping services help you manage bookkeeping, payroll, expenses, and more. 

The IRS requires all businesses to maintain books containing all their financial records. These books show your sources of income and business expenses. They also help in separating your taxable and non-taxable income.

Apart from taxes and legal requirements, proper bookkeeping also helps you measure your business’ progress and growth. You can see how much money is coming in, where it's all going, and discover ways to improve your business.

We handle everything related to your accounting, bookkeeping, and tax needs for a fixed monthly rate which includes us:

1. Tracking all income into your business

2. Tracking and properly categorizing all of your business expenses

3. Reconciling your QuickBooks accounting, bank, and credit card accounts, each month
4. Reviewing and making adjustments to your general ledger accounts and journal entries for accuracy

5. Generating monthly accounting reports (i.e., Balance Sheets, Profit & Loss Statements) to give you a full set of analytics on where the business is doing well and where there is room for improvement
6. Calculating and submitting Quarterly Estimated Tax Payments
7. Preparing, filing, and mailing 1099s to all contractors
8. Filing your end-of-year federal and state tax returns

9. Filing your annual state compliance entity tax returns/reports
10. Setting up payroll through QuickBooks Online Payroll for your employees   
11. Providing you telephone access to me throughout the year for questions
12. Providing you with ongoing tax planning to maximize tax breaks and minimize your tax liabilities in a legal and efficient manner 

Bookkeeping is the least enjoyable part of running your business. Let us take it off your hands.

Call us now for your initial phone consultation from the comfort of your own home or office at

(301) 747-0489 or book a phone appointment on my calendar scheduling link here: https://api.taxnitro.com/widget/bookings/larrybookkeeping

We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.

Here are just a few of the Tax Saving Strategies we use...

• Splitting income among several family members or legal entities to get more of the income taxed in a lower bracket.
• Shifting income or expenses from one year to another to have them fall where it will be taxed at a lower rate.
• Deferring tax liabilities through certain investment choices such as pension plans, contributions, and other similar plans.
• Using certain investments to produce income that is tax-exempt from either federal or state or both taxing entities.
• Finding tax deductions by structuring your money to pay for things you enjoy, such as a vacation home.

These recommended tax strategies will help you...

• grow and preserve assets by keeping Uncle Sam out of your pockets.
• defer income so you can keep your money now and pay fewer taxes later.
• reduce taxes on your income so you keep more of what you make.
• reduce taxes on your estate so your family keeps more of what you've made.
• reduce taxes on your gifts so you can give more.
• reduce taxes on your investments so you can grow your wealth faster.
• reduce taxes on your retirement distributions so you can retire in style.

Remember, we work for YOU, not for the IRS. Many of our clients save many times the fee they pay us, in reduced tax liability through careful planning and legitimate tax strategies. 

Call us now for your initial phone consultation from the comfort of your own home or office at (301) 747-0489 or book a phone appointment on my calendar scheduling link here: https://api.taxnitro.com/widget/bookings/larrybookkeeping