Outsourced Accounting is an all-inclusive solution that offers small businesses relief from the day-to-day accounting hassles while providing 24/7 access to financial data. As your trusted advisor, we pay your bills, record deposits, furnish financial statements, produce W-2s, prepare tax returns, and supply valuable financial and tax advice throughout the year. All activity is completed online via our technologically advanced platform—so communication and document exchange is in real-time.
Setup and training for Outsourced Accounting couldn’t be simpler. You define your immediate needs and we assess how Outsourced Accounting can be integrated. We train your company’s designated point of contact on the process of providing our staff with the daily information required by the Outsourced Accounting solution and teach them how to access the system from our website.
|Business Entity Tax Preparation||✓||✓||✓|
|Individual Tax Prep (Form 1040), One Owner||✓||✓||✓|
|Section 199A QBI Tax Optimization||✓||✓||✓|
|Estimated Tax Payments||✓||✓||✓|
|Strategic Tax Planning Projections||✓||✓||✓|
|S Corporation Reasonable Salary Calculation||✓||✓||✓|
|Quickbooks Online Subscription||✓||✓||✓|
|Receipt Bank - receipt digital storage||✓||✓||✓|
|Reconcile bank accounts monthly||—||✓||✓|
|Reconcile electronic transactions into QuickBooks monthly||—||✓||✓|
|Reconcile credit card accounts monthly||—||✓||✓|
|Prepare Sales Tax Reports (if applicable)||—||✓||✓|
|Prepare quarterly financial statements||—||✓||✓|
|Phone calls and emails - no charge for general tax information or tax structure ideas. Exception will be for any advance research and you will be notified before this commences||✓||✓||✓|
|Conference Call or Video Meeting||Semi-Annual||Quarterly||Quarterly|
|Coordinate with Outsourced Payroll Provider||✓||✓||✓|
|Process bills and vendor payments||—||—||✓|
|Track credit card expenses and receipts||—||—||✓|
|Process employee expense reports||—||—||✓|
|Prepare 1099s for contractors||—||—||✓|
|Provide digital access to paid bills||—||—||✓|
Next Generation Accounting Firms provide clients with the highest level of client service and professional support. At Heit CPA & Associates we go beyond the numbers to partner with clients—working year round to ensure you stay on a healthy financial path. We also offer an ...
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