Certified QuickBooks ProAdvisors are experts who have been tested and certified by Intuit (makers of QuickBooks) on a range of QuickBooks products. They are typically CPA’s, accountants, bookkeepers, and small business advisors. Certified ProAdvisors help businesses get the most out of their QuickBooks software. They provide a range of services, including QuickBooks setup, training, payroll, and consulting, among other services.
A business tax return is basically an income tax return. The return is a statement of income and expenditure of the business. Also, any tax to be paid on the profits made by you is declared in this return. The return also contains details of the assets and liabilities held by the business. Items like fixed assets, debtors and creditors of business, loans taken and loans were given are declared here
An individual tax return is a form the individual submits to a federal, state or local taxing agency to report income, calculate and pay taxes. The disclosure of pertinent information assists in assessing the tax due. The Internal Revenue Service is the taxing authority in the U.S. The United States has a voluntary reporting system that permits the electronic or hard-copy filing of individual tax returns.
Financial statements show how well a company has performed over the year and the level of profit achieved. Investors and regulators may make decisions about a small business based on the information provided by financial statements. Financial statements must be prepared in sequence because the information in one is needed for the next.
Another tax season is here! I suggest making an appointment as soon as possible after you have received all the necessary paperwork. Form 1040FOR US Individual Income Tax Return Annual income tax return filed by citizens or residents of the United States. Form W-9 Request for Taxpayer Identification Number (TIN) and Certification.
Preparing payroll involves a series of basic calculations to determine each employee's base pay as well as deductions for state and federal taxes, and employee contributions to retirement funds and health insurance plans. This information is then transferred to individual employee paychecks as well as company records that facilitate the process of tracking information for internal and external tax and financial reporting.
A bookkeeping service offers a three-tiered approach to developing and maintaining your company’s overall financial processes and management. The first prong is created by the accounting software specialist. He or she creates your accounting data file so that it’s tailored to the specific needs of you and your business. He or she will ensure that you have access to the software and reports you need.
CPA consulting services to help small business owners to take bank financing. If you are growing your business and you need money, bank financing can be a good option. And you need preparation to make an appointment with a bank lender. In A Gaxiola CPA, we offer Consulting Services to guide you in all process.