Who are we?
We are a remote bookkeeping firm based in Massachusetts. We enjoy helping people start and enhance their business by providing helpful information about their spending and earning. We provide bookkeeping services, start-up assistance, and tax assistance.
What we can do for you.
Start-up Assistance
We help businesses materialize their ideas for a very modest price. We help with everything from business plans, to financial projections for getting loans, to organizing ideas and making sure the proper paperwork is filed.
Bookkeeping Services
Whether you’ve been bookkeeping yourself or you’re unhappy with your current bookkeeper, let us know the trouble you’re having and we’ll work with you to provide the best service possible. Our bookkeeping services include everything you would expect and more. We make sure your contractors and vendors are paid on time, and more importantly, we make sure that all your customers are paying you. We are also part of the QuickBooks ProAdvisor Program.
Reports and Tax Prep Assistance
We specialize in QuickBooks which is the most powerful accounting software on the market right now. This allows us to get important insights on different aspects of your business finances. You can choose to get a set of reports tailored to your businesses needs. These can range from Profit/Loss reports to Cash Flow projections to see how much cash you should have on hand, or even who owes you and how many are overdue. We can also assist you or your tax preparer with the business portion of your tax return.
Reasons for Hiring a Bookkeeper
Record-keeping is required by the IRS
The most important reason for hiring a bookkeeper is because adequate record-keeping is required. Businesses are required to keep records that clearly show gross income. There is also a record-keeping standard for expenses in order for the IRS to allow them to offset income. Many business owners in the past have found themselves paying thousands in taxes years after they file their returns because they didn’t meet the record-keeping standard of the IRS. A bookkeeper can help minimize the risk of this happening by keeping all documents organized and securely stored within your accounting system.
Save Money on Tax-Prep
The majority of tax preparers charge by the hour. Having a bookkeeper significantly cuts down the amount of time tax preparers need to spend calculating income from your business. If you prepare the return yourself, this will save you hours of work doing it yourself. Don’t be the person with a shoe box full of receipts at tax time, your preparer will thank you.
Know Your Business
Many business owners don’t keep up-to-date records, they only keep records for tax purposes. This deprives them from the benefits they could have from up-to-date bookkeeping. One of those benefits is the ability to make adjustments throughout the year to increase revenue or reduce expenses. Business owners with bookkeepers are able to know when there are slow months for earnings or months when expenses are high, rather than at the end of the year. Bookkeeping also allows business owners to make better tax planning decisions during the year because they have the relevant information.
More Questions? Send us an email or text message or setup a meeting.