FAQ

Q1. What expenses are tax deductible?

The tax laws change every year which is why it’s so important to have a trustworthy accountant on your team.

To name a few that you can deduct:

  • Home office expenses
  • Advertising
  • Accounting and Tax Prep

There are also deductible items that are unique to the type of business you are in. To learn more about what you can deduct, schedule a free strategy session with us to review your situation.

Q2. Why is record keeping necessary?

As a business owner, it is imperative that you always keep clear and accurate records.

You will want to keep all of your receipts, because without receipts there are no deductions. And no deductions means more money you pay to the IRS.

You will want to keep your records up to 7 years, just incase the IRS decides to audit you.

Q3. What makes you different than other accounting firms?

We are a team of professionals that focus on ensuring the continued growth of our client’s business.

We manage everything for you from A-Z with two goals in mind:

  1. Help you save the most money on your tax bill
  2. Significantly reduce the risk of you getting audited by the IRS

We provide bookkeeping, payroll, audit assistance, IRS correspondence and so much more at a fraction of what other companies charge.

We include services like tax planning at no extra charge, because we know the importance behind making timely decision to positively impact your finances.

Q4. What factors go into pricing?

We take a look at the following details to provide you with a fair quote:

  • Number of bank accounts
  • Number of transactions
  • Number of merchant accounts
  • Number or credit cards

Since there are many factors that are involved when determining price, we always provide a free consultation to get to learn more about you and your business structure.

Q5. What accounting system do you use?

For our accounting software, we use Quickbooks for our clients. We find that Quickbooks is very user friendly, cost-effective and cloud based so that you can check in anywhere, anytime.