Are you someone who would rather work be on the job site than sorting through a shoebox full of receipts? Did you start your own business because you saw the potential to do something you love instead of being stuck behind a wall of spreadsheets and receipts all day?
If those sound like you, then you may want to consider hiring a year-round bookkeeper/accountant to keep track of your business financials for you. Here are just a few of the most common reasons our clients tell us they need a full time bookkeeper/tax accountant:
- We save you time:
Spending less time on your books leaves you with more time to actually get your jobs done. You won’t need to spend hours going through receipts for materials, gas, and repairs every week because it will automatically be done for you by our dedicated firm, using bookkeeping software. We can take on your bookkeeping, payroll, tax preparation, sales tax reporting, invoicing, and anything in between.
- We can save you money:
If your financials are up to date, you won’t have to pay an arm and a leg for an accountant to do them quickly during tax time, when you’re applying for financing, or if you need them for reporting purposes. It’s much easier and more cost effective to keep them up to date, in real time, instead of needing to go back and do several months (or years!) at once.
- Your books can help you make more informed business decisions:
Keeping a keen eye on your financials will help you make better decisions about the right time to purchase inventory and equipment, hiring employees or subcontractors, and which jobs are profitable and worth your time.
- We’re available to consult on issues year-round instead of at tax time, which saves time, money, and a headache:
Should your business change its entity structure? What needs to be done to legally maintain your S Corporation status? Do I need to pay FICA payroll taxes on the wages I pay to my children? These are all examples of common questions that might come up during a normal course of business during the year, and we’ll be available for you to answer them all.
It goes without mentioning that not every self-employed individual will need a full-time dedicated bookkeeper. Sometimes it’s just not affordable during the business’s early years, and we completely understand that! Every business has different needs, and we’re prepared to find solutions for every small business, no matter the size or industry. Contact our office today if you’d like to discuss your accounting, bookkeeping, tax planning, and tax preparation options.