Tax-Purposed Bookkeeping is our term for a level of bookkeeping service more appropriate for most sole-proprietors and single person LLC's. It includes entering and reviewing your income and expense transactions, bank statement reconciliation, and preparation of a month or quarterly and year-to-date profit and loss statement.

If you have ever gotten a "surprise" in March when you get your tax return done, leaving you with just a few weeks to come up with a large tax balance due, you know what a benefit it can be to stay on top of your books and taxes throughout the year.

Tax-Purposed Bookkeeping allows us to review your scheduled estimated tax payments for necessary adjustments. We also use this information to advise you on an expected tax benefit of purchasing equipment, and whether timing of the purchase is critical to its maximum tax advantage.

This is done at a cost which is typically much less than the services of a Certified Public Accountant, which would include more detailed reports, balance sheets, and other accounting services.

Using our tax-purposed bookkeeping service may also save on tax preparation fees. If we need to complete a year's worth of bookkeeping in order to get your information ready for accurate tax return filing, bookkeeping charges can be higher during the individual tax filing season.

Our clients have been very pleased with this service, the savings over CPA fees, and the ability to have an estimate of their tax liability throughout the year.

We are not a Certified Public Accounting (CPA) firm. If we feel your business requires Certified Public Accounting, we will refer you to one of our recommended professionals, and work with you and them to assure a good start.

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