Before entrusting someone with your private financial and personal information, do some research on their qualifications. The IRS has a searchable database where you can verify the background and credentials of your income tax preparation professional. Once you have selected someone, ask about their service fees and confirm their availability. Then provide them with all the documentation they require, including W-2s, 1099s and more. Always ask to review the paperwork before it is submitted, and never sign a blank tax return. LBS Tax or Lewis Business Services in Chandler, Arizona offers personal and business accounting that helps lift the weight off the shoulders of their clients in handling books and tax problems.
- She is very efficient & does her job well & is always available to respond to any questions I have in a timely manner.
- Other Phoenix bookkeeping services may have no formal education or training but can rely on consumer software to input transactions based on receipts.
- While that could be a good indicator of their cash on hand today, it doesn’t tell the entire story.
- Each month, your bookkeeper organizes your business transactions and prepares financial statements.
- A small business can likely do all its own bookkeeping using accounting software.
By choosing a qualified Phoenix accounting firm to handle your company’s Phoenix bookkeeping, you free up time and energy to focus on other daily business tasks. Online bookkeeping services might be the exact solution you need to save both time and money. The service you decide to use depends on the needs of your business and may include extra features such as payroll or tax documents. Bookkeeping tasks provide the records necessary to understand a business’s finances as well as recognize any monetary issues that may need to be addressed.
Phoenix Bookkeeping Services
Get your bookkeeping, income tax prep, and filing done by experts—backed by one powerful platform. From startups to agencies, Bench works with Phoenix small businesses. In this day and age, the providers you contract with don’t need to be in the same city, state or even time zone as you.
Many of the operations are automated in the software, making it easy to get accurate debits and credits entered. Unlike accounting, bookkeeping does not require any certifications. Individuals who are successful bookkeeping professionals are highly organized, can balance ledgers accurately, have an eye for detail and are excellent communicators. Bookkeeping is the ongoing recording and organization of the daily financial transactions of a business and is part of a business’s overall accounting processes. If you enjoy organization and numbers and have experience with bookkeeping, starting your own business offering this service might be a smart career choice. While they seem similar at first glance, bookkeeping and accounting are two very different mediums.
Full Service Bookkeeper
Its bookkeepers analyze trends and provide recommendations, identify lost checks, manage funds and cash flow, and track revenues and expenses. Its CEO, Cindy Dillard, has been in the accounting industry for more than 20 years. If you’re ready to take bookkeeping off your plate and delegate this task to someone else, it can be hard to know where to look. Start by reaching out to other business owners for recommendations, searching online for providers and checking out reviews on Google or Yelp. If you don’t feel comfortable with a freelancer, there are many firms that offer bookkeeping services as well. The main difference between a bookkeeper and an accountant is the scope of the financial tasks they cover.
They also offer free consultations and discounts for first-time tax clients. Any individual with a preparer tax identification number (PTIN) is eligible to file your income taxes on your behalf. However, this doesn’t necessarily mean they will be the best candidate to provide the help you need with your income tax preparation. The IRS explains that CPAs, attorneys and enrolled agents are all allowed to legally represent their clients before the IRS. They have a more thorough understanding of tax code than an individual operating solely with a PTIN or an Annual Filing Season Program participant who provides their services on a volunteer basis. Consider the complexity of your tax return and what level of expertise you’ll require.
What Is Bookkeeping? Everything You Need To Know
Dave has worked in a variety of accounting positions, including staff accountant, assistant controller, and office manager. Our expert team of CPAs have backgrounds in a wide variety of industries. We’ve seen it all, and this on-the-ground experience gives us the unique insight to anticipate and plan for https://www.bookstime.com/ common issues your business may face. I have over 25 years of experience, highly qualified, and professional, with excellent references and a broad range of project training. We are a reliable, business partner who will pro-actively handle tasks, answer questions, and help contribute to your success.
The owner of Abundance in Business, Lucida Lintz, is an Advanced Quickbooks Certified ProAdvisor and Quickbooks Certified in Enterprise, Point of Sale and QuickBase. Contacting an accountant is always a good idea when you’re planning to budget or phoenix bookkeeping preparing for tax season. We promise to offer a welcoming experience to all clients, complete with prompt communication and collaboration. Simply let us know your needs, and our accountants will find a way to accommodate you or offer advice.