Services
We offer our clients a full range of professional business services either virtually or in-person. If you’re looking for a firm that will focus on your specific needs, and always treat you like a client who matters, then look no further! We actively listen to our clients and review documents to assess their personal and/or business needs then tailor our advice accordingly.
Be sure to contact us and schedule your appointment today!
Accounting Software Selection & Implementation
There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
Professional Bookkeeping
We are certified QuickBooks Pro Advisors now! Does your small business need a professional bookkeeper or need to have bookkeeping software steup? We provide comprehensive bookkeeping services to ensure your accounting categorization, reconciliation and financial statements are accurate. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each option and provide setup for any of the 48 contiguous states. As your business grows and changes, the type of business entity you choose may need to change also.
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal, business an nonprofit tax issues. Not all tax planning opportunities are readily apparent but we take the time to discuss a taxpayer’s expectations in order to bset them up for success.
Are you self-employed and want to buy a home? Well this is our NICHE – helping taxpayers understand how their tax return can help or hurt in the homebuying process! We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
Financial Statements
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely financial statements.
Payroll Services
We provide payroll services with recomendations to third-party payroll software based on your business needs. BPS Tax & Accounting will work with small business owners to implement payroll software, add employees/contractors, run payroll, and file employer state and federal payroll tax returns. In recent years, there have been several major changes to the tax code which impacts payroll from an employee and employer perspective. For example, in 2020, the IRS was approved to launch the new W4 form, removing withholding allowances that has significantly impacted many individuals’ paychecks.
Notary Services
A notary public can help you to handle various business matters, including witnessing and authenticating document execution and signatures. We offer Notary Public services and are available when you need us.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.