Because every small business is different, we provide our clients with a customized package, tailored to their specific business and accounting needs. Our personalized service not only gives small businesses the freedom to grow and prosper, but the knowledge to achieve their goals. We have experienced accountants and bookkeepers on our staff with over 50 years of combined experience. You will have one bookkeeper assigned to your account which allows you to develop a relationship with someone who is knowledgeable about your business. We provide three main business services; bookkeeping services, payroll processing and sales & use tax preparation in our office in San Marcos.
Our bookkeeping services include the preparation of financial statements and bank reconciliations. We either use Quickbooks or Peachtree depending on what your needs require. You send us your bank statements, check stubs and credit card statements and we will take care of the rest.
Sales & Use Tax Returns
We can prepare and submit your sales & use tax returns for you based on your sales reports or your financial statements. We also handle the pesky sales & use tax audits. We can have the auditors review your records at our office so they don’t disturb your day to day operations. We take care of it so you can focus your attention to managing your business.
Business Payroll Services
We provide payroll processing services for local businesses. Whether you have 1 employee or 50 employees we can help. We also work with out of state employees, electronic time clocks, direct deposit and automatic filing and paying of your company’s payroll tax liabilities.
Unlike the big payroll processing companies, we don’t use the float on your money to pay our bills. The tax payments are submitted to the collection agencies on the day the money is withdrawn from your account. We also prepare your monthly, quarterly and annual payroll tax reports for no extra charge.
- Payroll Services
- Payroll Tax Reports
- Sales & Use Tax Returns
- Tax Planning
- Bank Reconciliations
- Financial Statements
- Business Counseling
Solve all of your IRS, FTB & EDD problems to include:
- Audit Representation
- Correspondence and Communications
- Levies and Liens
- Tax Collection and Deficiency
- CDTFA (CA Department of Tax and Fee Administration)
- Federal Appeals
As Enrolled Agents, our staff is licensed and experienced at representing taxpayers before the Internal Revenue Service, Franchise Tax Board, Employment Development Department and State Board of Equalization. OUR CLIENTS NEVER HAVE TO MEET WITH THE IRS/FTB. Below, we have provided a set of links for the business owner. If you have any further questions, feel free to contact us.
Business recordkeeping basics
Good business recordkeeping is essential. The government expects you to pay tax on your profits every year, your banker will expect to see how you are doing if you borrowed money to start your busi-ness, and you need to know if you are making a profit or losing money.
The two items you need to keep track of are income and expense.
The following items are helpful in keeping track of income:
● Sales slips, invoices, statements
● Income and sales journals
● Bank deposits
The following items are helpful in keeping track of expenses:
● Journals or appointment books
● Check ledgers and cancelled checks
● Credit card statements
You can use any system that works for you. The kind and amount of records you need to maintain depend on the size and nature of your business. As you design the perfect recordkeeping system for your business, remember to KEEP IT ORGANIZED. It is wise to keep your business records separate from your personal ones. A paper bag or box can do the trick, but it’s not the key to success. The following system is simple and easy to use:
- Business checking account: Deposit all income into the account and write checks or use the debit card for all expenditures.
- Business credit card: Use this card for business only and make payments to it from the business checking account.
- Cash receipt envelope: Keep an envelope to collect any expenses that you pay from personal funds and reimburse yourself out of the business account at l least monthly.
- Monthly filing system: In a separate file for each month, keep the bank statement, charge account statement, receipts, and your cash receipts envelope. If you prefer to do everything online, download your statements into monthly folders and scan the receipts.
- Appointment book: Use it to document everything you do.