Strategy ~ Opportunity Powered by People!
SOP Pricing
Free business screening to understand your organization!
Book a complementary review of your business status & needs!
Compliance consultation services- $125/hour.
Bookkeeping -$75/hour.
Individual tax preparation work- minimum $500.
Business tax returns preparations minimum $900.
We are not aware of all complexities involved until your project is reviewed.
Year-End Accounting Wrap-Up/Make Ready for Tax Returns
Small Business - S-Corp, Partnerships, Schedule C filers Package starting at $750
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Make-Ready of previous year-end financials
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Review ALL transactions; Identify inconsistencies
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Reconcile bank & credit card accounts
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Identify & record asset purchases
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Record loan balances & interest expense, as necessary
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Review and reconcile payroll recorded in QB with the IRS Forms 941s, 940 and TWC returns
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Confirm IF financials align to prior year tax return; Write-up difference
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Balance Sheet & Profit & Loss
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Monthly service - (starting at) $200/monthly (Cost based on the number of yearly transactions.)
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Review all transactions; identify inconsistencies
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Review and record payroll journal transactions, as available
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Reconcile bank & credit card accounts
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Identify & record asset purchases. Record loan balances & interest expense
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Monthly Profit & Loss and Balance Sheet
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Required - Timely and Easy Access to ALL information, systems and decision makers.
Presumptions and must-haves:
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QuickBooks Online Access
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‘View-only access’ to bank and credit card accounts
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Loan/Note Payable statements provided for December or January.
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Payroll reports, as available and filed
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Complete Tax returns, as filed with the IRS, for all years needing prior-year financials
Clean-up Packages
Reconcile, Clean & Make-Ready of Financials- Cost based on the number of yearly transactions.
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Review ALL transactions; Identify inconsistencies.
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Reconcile bank & credit card accounts
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Identify & record asset purchases
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Record loan balances & interest expense, as necessary
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Confirm IF financials align to prior year tax return; Write-up Difference
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Balance Sheet & Profit & Loss Year-End
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Record missing/incorrect transactions
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Prior year tax returns may still need to be prepared and filed
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Identify inadequate/incorrect processes.
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Write-up best-practice SOP's
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Additional fees are probable for
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Mismanaged systems & processes
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Excessive transfers
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Multiple Bank accounts with multiple transfers
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Identifying and writing up issues with financials that are not aligned to prior year tax returns
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Incorrect posting of invoices
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Work required onsite
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Transactions entered in Excel and categorized then imported into QBO
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Manually entered transactions
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Bank statements that need to be converted to a .csv for import
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Recurring duplicate/triplicate sales and/or payments
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Recurring credit card payments & transactions posted incorrectly
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Reconciliation issues due to incorrect posting
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Failure to adequately reschedule appointments
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Failure to research questioned transactions