Bookkeeping Services
Our bookkeeping services are designed to allow you to concentrate on the operation and growth of your business. We focus on keeping your financial records current and informative. Every business is different; therefore, our services can be tailored to what your business needs. Whether you need help setting up and understanding QuickBooks or Full Service Bookkeeping or somewhere in between, we can help.
We know it is not easy trying to manage your business, and to find the time to organize financial records. Time spent organizing receipts and reconciling bank accounts is time away from your customers. Records should be kept on a year-round basis. Up-to-date records can provide valuable information about your business. Records hastily assembled at tax time are usually not accurate and you are likely missing valuable deductions. We can help you reduce the cost & clutter of the accounting process. Click on Bookkeeping Services to learn more.
Business Start-up & Consulting
Starting a business is an exciting adventure; but where do you start? Some entrepreneurs often focus all their time on business operations; they don’t usually have time (or energy) to work through all the administration & paperwork. Decisions that you make while planning & developing your business will greatly affect your long term success.
The Small Business Association strongly encourages small businesses to seek professional assistance when starting a new business. Schools & Barnette can guide you through the process of setting up your business. Click on Business Start-up and Consulting to learn more.
Individual & Business Tax Preparation
Tax laws are constantly changing & becoming more complex. The tax code is 65,000 pages and growing; keeping up with these changes is a full time job. We prepare hundreds of Individual and Business tax returns each year. We look for every deduction available to our clients and provide valuable information and strategies for your future. Click on Individual and Business Tax Returns to learn more.
Payroll Services
When it comes to paying employees, laws and the IRS have made payroll processing a time consuming nightmare for small business owners. Payroll can be complicated and if not done properly, a costly endeavor. The IRS is quick to access penalties for late or non-filing of required forms. There are specific deadlines and regulations to follow. Small business owners spend an average of 8 hours every month on payroll. That’s 8 hours a month that could be spent generating sales & servicing customers. Let us help make payroll less complicated and less time consuming. We will tailor our services around your business & payroll needs. Click on Payroll Services to learn more.
QuickBooks Set-up and Consulting
If you want to take the time to tackle the paperwork aspect of running a business, QuickBooks is ideally suited for small business owners. QuickBooks has simplified the accounting process for you. However, no accounting package can be operated properly without sufficient understanding of its features and functionality. It is a must for proper business management to complete the set up and installation properly.
We can assist you in setting up QuickBooks specifically for your business. We offer Standard or Custom QuickBooks set-up and QuickBooks training.
Bookkeeping Services
Full Service Bookkeeping
We can setup your company, pay your bills, keep track of receivables/payables & reconcile your bank accounts. We will provide you with Financial Statements that can guide you in making your business and tax decisions. Plus, all your information is backed up.
After the Fact Bookkeeping
If you would like handle some of the financial part of running a business, such as paying the bills and collecting receivables, but don’t have time to input and organize your financial information, we can take care of that for you. The Financial Statements will provide valuable information needed in decision making.
Quarterly Review of Financials
If you just need a review of your Financial Records, we can set you up on a quarterly basis to review your records. We will examine your records to ensure new accounts are set up correctly & deductions are properly taken. We can assist in quarterly general journal entries, and review quarterly tax estimates.
Standard or Custom QuickBooks Set-up
If you want to take the time to tackle the paperwork aspect of running a business, QuickBooks is ideally suited for small business owners. QuickBooks has simplified the accounting process for you.
We can assist you in setting up QuickBooks specifically for your business. We offer Standard or Custom QuickBooks set-up and QuickBooks training.
Other Services
Our Bookkeeping Services can also be set up to include preparation of other business forms such as, business property returns, business licenses, sales tax returns, etc.
Business Start-Up and Consulting
●Entity selection and Set up
●Obtain Tax Identification Numbers
●Tax Liabilities Set up
●Insurance & Retirement Assistance
●Website Assistance
●Payroll Set up & Processing
●Bookkeeping/Recordkeeping Set up& Processing
●Local Business Registration
●Business Plan & Budgeting
●Tax Savings Strategies
●Preparation of Business & Personal Tax Forms
Individual and Business Tax Returns
•Available. We are open year round. With just a quick phone call or email, we can answer any tax question that may arise during the year. Tax consequences happen all year, not just April 15th. The decisions you make during the year affect the tax outcome at the end of the year.
•Knowledgeable. States require CPAs to pass an initial exam and then require continuing education. We are required to complete classes that keep us informed of the new tax laws and changes. We get to know you as an individual and can provide guidance on decisions that will affect the taxes you pay in the future.
•Experienced. We prepare hundreds of returns each year; we know what to look for when we prepare your return. Tax software is generic & designed to work for everyone, but not everyone is the same. You need a tax preparer, who knows you and your tax situations; one who knows what specific questions to ask.
•Ethical. Virginia requires CPA to comply with ethical standards set forth by state boards. We are required to obtain Ethics credits each year to continue to practice. We are also required to have a peer review every 3 years.
•Prior Year(s) Review. For new clients, we will review your prior year(s) tax returns for Free; just provide us with the tax return and supporting documents. If we find an error we can amend your tax return if requested. It’s getting a second opinion for free!!
•Free E-filingfor Federal & State returns.
National Chains train their staff in-house. There is no standard testing. They are not regulated and many offices are closed during the off season. Do you know what experience they have? Do they even know who you are? If not, do they really know what specific questions to ask you, questions that relate to you and your situation, not just generic yes/no questions?
Self Preparers enter data at your own risk. Knowing how to answer questions and fill in the blanks, does not make you a tax preparer. Just as knowing how to use Word, does not make you a writer. With tax laws always changing, knowing the basics is not enough.
Payroll Services
We Do It All—-No Stress Payroll
Our No Stress Payroll takes care of the entire payroll process for you.
It includes everything:
Payroll set up of account numbers
Employee packets
Setup of vacation, sick, personal time
Filing of New Hire Reports
Preparation of Payroll checks
(Incl. Direct Deposit)
Payroll taxes paid via automatic draft
Monthly, Quarterly & Yearly payroll forms filed
Preparation of Workman’s Comp Audit
Payroll records maintained and backed up
Just Enter the Hours & Print
You process payroll checks yourself; we take care of the initial set up and preparation of tax payments and forms every week, month, quarter & year.
All you take care of are the paychecks.
We provide you a website to input the hours, commissions, etc. and you print the checks.
We take care of the rest.
Payroll Website. You Do It All
(with a little guidance from us)
We provide a website for you to process payroll, pay taxes and prepare payroll forms. We will set up the website and all payroll information for a one-time fee of $124. Once set up, you prepare payroll, and take care of all the weekly, monthly, quarterly & yearly filings via the website for a low monthly fee & we are always here to help.
S-Corporation Annual Payroll
We provide a year’s worth of payroll (on a quarterly basis) for the shareholder’s salary. The IRS does not like shareholder’s just taking withdrawals, so a little payroll is a good thing to keep the IRS off your case. We provide the paper work, you just sign & pay the taxes.
After the Fact Payroll
You provide your payroll information & we prepare the quarterly &/or yearly tax forms. If you take care of your payroll, but don’t want the hassle of the quarterly & yearly payroll returns, then give us a call.