Frequently Asked Questions

Here's the process end-to-end:

• Initial Consultation - We start with a free initial consultation to understand your business, its pain points, and potential solutions.
  

• Customized Implementation Plan - Based on our initial discussion, we will develop an implementation plan that addresses your pain points.
  

• Software Implementation - We'll set up your financial infrastructure, including the accounting, payroll and other integrations needed for ongoing financial operations.
  

• Monthly Support - We'll provide accounting and bookkeeping support to ensure your financials are accurate and up-to-date.
  

• Year-End Taxes - We'll deliver timely year-end financials that you can rely on for tax filings.
  

• Growth & Scalability - As your business grows, our services can be scaled to accommodate its evolving needs.
  

We work exclusively with QuickBooks Online. If you're not already using QuickBooks Online, we'll setup a subscription for your business before beginning the accounting & bookkeeping services.

Yes, however accrual method accounting may or may not be right for your business. Accrual method can provide more useful financial reporting but it comes with increased costs due to the additional effort required. There are tax considerations as well. Additional discussion is needed to assess the relative disadvantages and advantages of accrual versus cash method accounting.

Yes, we file business tax returns for partnerships, corporations, S corporations, and sole proprietorships.

Tax filings for partnerships, corporations and S corporations start at $1,600/yr. This includes both the federal and state tax return.

Sole proprietorships and other Schedule C entities are added to the cost of your personal tax filings.

Additional fees may apply dpending on the complexity of your business. For example, if it must file in more than one state or requires special allocations to partners.

We'll prepare and file your business tax returns, including:

• Federal individual income tax return (Form 1040)
  

• State individual income tax return(s), as needed
  

• Federal and state extensions, as needed
  

• Quarterly estimated tax payment schedule, as needed
  

Yes, in addition to filing last year's returns, we can help you plan for the current or future tax year.

Tax planning services include:

• Annual tax planning meeting
  

• Tax projections & quarterly estimated tax payment reclaculations
  

• Accountable plan setup
  

• Employee benefits (retirement plan, health, etc.)
  

• Entity selection
  

• Implementation of tax strategies
  

Yes, we offer personal tax services in addition to business tax services.

Personal tax filings start at $1,000/yr. This includes filing both your federal and resident state tax returns.

Additional fees apply if you own a business or rental property, file in more than one state, or have other complexities.

We'll prepare and file your personal tax returns, including:

• Federal individual income tax return (Form 1040)
  

• State individual income tax return(s), as needed
  

• Federal and state extensions, as needed
  

• Quarterly estimated tax payment schedule, as needed
  

Additionally, we'll provide up to 1 hour of tax "help-desk" support:

• Responses to "quick questions"
  

• Tax agency letter review & response guidance
  

• Tax strategy implementation guidance
  

Yes, in addition to filing last year's returns, we can help you plan for the current or future tax year.

Tax planning services include:

• Tax planning meeting
  

• Tax projections
  

• Tax strategy assessment