Professional certified public accountants are vital team members of small and large businesses. You may think filing taxes for your LLC or sole proprietorship is easy, but what happens when the IRS wants to audit you? Are you paying more in taxes every year because you did not know about certain forgiveness programs or write-off opportunities? Small business accounting in Marietta, GA, should always be performed by a professional. Accounting services include more than filing taxes. They will help guide your company in the right direction to meet your business goals.
Taxes
Tax preparation, filing, and audit protection are tremendously helpful services. Every year, you should budget for this expense. In most cases, this business expense is a write-off, meaning you can claim it on the next year’s tax return. CPAs that perform small business accounting in Marietta GA, offer these tax services. If the IRS requires more documentation or wants to audit you, you will feel protected. The CPA and accounting firm will communicate directly with the IRS on your behalf. You can continue to focus on daily business operations and needs.
Accounting
Well-organized financial information is crucial for every size business. Often, corporate companies will employ teams of professionals to keep their books in good standing. Well-organized financial information allows professionals to detect issues before they become a problem. You will stay on top of your payroll taxes so your business does not fail. The accounting professional will reconcile your bank statements, prepare financial statements, and process payroll.