CPAs and bookkeepers are not rivals because they offer different services that address diverse needs. PROLEDGE’S staff can collaborate with your CPA and help them establish the financial strategy for your economic success with increased efficiency. If your CPA is from Dallas and you need the services of a bookkeeping firm operating in the Fort Worth Metro area, we are the right fit for you. As you dive deeper into the bookkeeping process, it may be tempting to blur the lines between your personal and business finances, but it’s not the best idea. By avoiding this, you’ll reduce the risk of triggering an IRS audit and will allow an accurate picture of your business finances.

To achieve a true financial picture of your company’s health, you need to pick the best bookkeeping methods. Accrual shows money in the month it was earned, not necessarily paid. Cash is more straightforward, showing when the payment arrived instead of when the debt occurred. As a small business owner, you have enough to worry about without having to keep track of your bookkeeping and finances. At the time, we realized that many small businesses don’t have the time or the resources to give the back office the attention it needs. Rather than hiring a part-time or full-time bookkeeper, Jones Square can manage your books for you.

We Are Knowledgeable

You gain a team of trusted experts here to guide and support you in many aspects of your business. You have access to a team of experienced specialists that can help you with various elements of your business. Located 20 minutes outside of Dallas in nearby Addison, Deirdre Taylor, CPA, supports companies of all sizes with timely, efficient bookkeeping and accounting processing. Record review can occur monthly, quarterly, or annually, depending on the client’s needs, with financial statements created to support all activity.

On the other hand, if you have in-depth tax and finance knowledge beyond the bookkeeping basics, you may be able to get the job done. Your general ledger should be up to date so that your bookkeeping software is able to provide functionality that you can navigate easily. QuickBooks is an excellent option for novice and seasoned digital bookkeepers alike. By logging and keeping track of all financial transactions, you will have easy access to any financial information you might need.

Top 10 Bookkeepers near Dallas, TX

There is a cleanup fee to get started and get your books in order, and then pricing drops to the monthly fee of $200 to $400. Read our comprehensive QuickBooks Live Bookkeeping local bookkeeping services helps girls basketball to decide if this popular managed service is right for your business. Slaton Financial Services staff must keep up-to-date on a variety of tax issues due to our work in bookkeeping and tax preparation.

• My tax team is certified by the North Central Texas Regional Certification Agency and is PTIN certified, concentrating on QuickBooks Online.
• On the other hand, if you have in-depth tax and finance knowledge beyond the bookkeeping basics, you may be able to get the job done.
• We then produce accurate financial reporting, including income statements and balance sheets.
• The single-entry system tracks cash sales and expenditures over a period of time.
• TLS Advisors caters a broad range of services to suit the needs of small to medium-sized businesses and individuals.

Once you have selected someone, ask about their service fees and confirm their availability. Then provide them with all the documentation they require, including W-2s, 1099s and more. Always ask to review the paperwork before it is submitted, and never sign a blank tax return. When it’s finally time to audit all of your transactions, bookkeepers can produce accurate reports that give an inside look into how your company delegated its capital.

Certified and Specialist

A more complex package could include those services, plus cash flow and forecasting, tax planning and preparation, and even support to help your business become more effective overall. Bookkeeping Services of Plano is an accounting firm located in Plano with well over 20 years of experience in the industry. Bookkeeping Services of Plano is an Intuit QuickBooks Certified ProAdvisor and a Better Business Bureau accredited business with an A+ rating.

• All representatives at Ron Allen, CPA, are professional accountants and tax preparation specialists who work full-time with the firm.
• We’ve got expert knowledge of general ledgers, subsidiary ledgers, controlling accounts, cash accounts, and tax returns.
• The double-entry system of bookkeeping is common in accounting software programs like QuickBooks.
• Williams & J Bookkeeping also provides tax processing services starting at $275 for W-2 filers.

The IRS explains that CPAs, attorneys and enrolled agents are all allowed to legally represent their clients before the IRS. Consider the complexity of your tax return and what level of expertise you’ll require. Before entrusting someone with your private financial and personal information, do some research on their qualifications. The IRS has a searchable database where you can verify the background and credentials of your income tax preparation professional.

Free Bookkeeping Checklist

📌 HWB Services was started because all three of the CPA firms I worked for had the same problem ➡️ business owners did not have good bookkeeping in Dallas. To get started with our bookkeeping services in Dallas, simply contact our team via phone or email to schedule an initial consultation. During this consultation, we’ll discuss your bookkeeping needs and tailor a plan to match your requirements and budget.

It also provides information about counties that have a higher rate or that have a county-wide special purpose district tax. This sales tax rate locator lets you find the sales rate by the address. The city tax chart provides the local code, the local rate, and the combined state-local sales tax rate. While cities vary greatly, many Texas counties have a flat 0.5 percent sales and use tax rate. Choosing our team provides you with continuity, even during times of turn-over within your own team.

Reduce Your Payroll Costs

Even with these tools, you may not have the expertise you need to handle the responsibilities of a bookkeeper. Not only can this help you set goals, but it can also help you identify problems in your business. With an accurate record of all transactions, you can easily discover any discrepancies between financial statements and what’s been recorded. This will allow you to quickly catch any errors that could become an issue down the road. When you think of bookkeeping, you may think it’s all just numbers and spreadsheets. Bookkeeping is the meticulous art of recording all financial transactions a business makes.