Business Bookkeeping Services

Why Your Business Need Bookkeeping?

It doesn’t matter the size of your business, the number of employees, how long you’ve been in operation, what you specialize in, or anything else for that matter, one thing that is for certain is the fact that the bookkeeping and accounting side of things can be very tough.

As a business owner, you’ll of course want to ensure that your accounts are in order so as to stay on the good side of the IRS, but at the same time you’ll also know how stressful tax season can be. Keeping on top of your books as a small business is hard enough, but staying on top of your books as a large business, that’s where you may struggle.

We’ve been in the bookkeeping business for many years now, and we offer business bookkeeping services to a wide range of different businesses, making us the perfect fit for yours. If you’re struggling to keep on top of your accounts and want to ensure your books and finances are in order, why not give us a call and let us handle it instead?

Get a free evaluation today at 1-877-78-TAXES [1-877-788-2937].

To help emphasize just how important our services can be, here’s a detailed look at business bookkeeping services and why they’re so beneficial for your organization.

What Exactly Do Professional Bookkeeping Services Include?

One of the main reasons why companies often struggle with their financial records and tax returns each year is due to the fact that they’re unsure about what bookkeeping services actually include.

While our Whittier, Los Angeles, CA based firm offer a wide range of different services, which we can discuss with you at length, the basic premise behind bookkeeping services is to assist businesses with all elements of their financial records.

Bookkeepers such as ourselves will keep records of financial transactions made by businesses, as well as preparing financial statements such as income statements and balance sheets. We can also assist with tax returns and matters relating to the IRS and any banking issues or discrepancies that you may encounter.

Bookkeepers can assist with the day-to-day financial operations of a business, doing things such as making sure invoices are being submitted and filed correctly, making sure wages are being paid correctly, and ensuring that business expenses are also being logged and categorized correctly. Basically, any paperwork relating to your business, or your business finances, will be overseen by, and taken care of by us.

Some of the services you’ll likely find provided by bookkeepers include:

  • Payroll processing
  • Tax preparation
  • Handling accounts receivable
  • Handling accounts payable
  • Communicating with the IRS on your behalf
  • Cleaning up books and financial accounts
  • Bank reconciliations
  • Preparing financial statements
  • Offering financial advice from a business standpoint
Signs Your Business Needs Professional Bookkeepers

As a business owner, it is of course in your best interest to ensure that your business is as successful as it can possibly be. One of the main issues that business owners tend to encounter however, is a lack of time when it comes to keeping on top of their records. Ultimately, this lands them in hot water with the IRS.

It could be that your organization needs business bookkeeping services without you even realizing, which is what we’re looking at next.

Here’s a look at some tell-tale signs that your business could benefit from hiring professional bookkeepers.

You Don’t Have Enough Time

Time is money in the business world, and if you constantly find yourself having to work late, and work weekends just to cram everything in, you could benefit from hiring a professional bookkeeper.

If you can’t find the time during the working day to stay on top of your accounts, books, and finances in general, you’re obviously overworked, which is where it would pay to give us a call.

You Leave Your Books Until the Last Minute

Tax season is rarely looked forward to by business owners, and if you find that you leave your tax return and your books until the last minute, you will most certainly benefit by giving us a call.

If you leave everything until the last minute, you’ll be putting yourself under an enormous amount of pressure, plus it also means that your books and records will likely be out of date.

Get a free evaluation today at 1-877-78-TAXES [1-877-788-2937].

You’re Not Very Good With Paperwork

Let’s face it, when it comes to numbers and financial records, some people are simply not as capable as others.

If you struggle to keep records, do the numbers, and simply keep your books and accounts in order, this is another clearcut sign that you should give us a call as you could most certainly benefit from hiring a professional bookkeeping service.

You’ve Missed Out on Tax Deductions

As brutal as the IRS can be, it turns out that, as a business owner, you may be entitled to certain tax breaks and tax deductions.

While you are legally eligible for certain deductions, it is your responsibility to claim these back from the IRS, as the government certainly won’t go out of its way to remind you, and it certainly won’t put the claim in for you.

If you’ve discovered that, in the past, you missed out on certain tax breaks and deductions, it’s time for you to get a bookkeeper. By hiring us, we can tell you exactly which deductions, tax breaks, and incentives you’re eligible for, and we can of course help you to claim them.

You’re Feeling Overwhelmed

We all find ourselves feeling stressed and overwhelmed from time to time, which is a clear message that we’re taking too much on and we need to get things in order.

If you find yourself feeling overwhelmed and as if you have too much to do, and not enough time to do it, this could be a sign that you need a professional bookkeeping service such as our Whittier, Los Angeles, CA based firm.

Keeping on top of your finances, books, accounts, and various other items of paperwork can be a job in itself, and if you’re trying to do that, while also run a business, you will of course feel overworked and overwhelmed.

By contacting us, we can take care of this for you, leaving you more time to focus on running your business, and also on yourself.

You’re Paying Somebody Unqualified to Handle Your Accounts

Finally, far too many business owners will think they’re saving money by paying somebody already on their payroll, to do their books and accounts for them. Now, if that person is fully qualified and experienced, then that’s all well and good, otherwise, it’s a waste of money.

If you’re paying somebody to handle your accounts, who does not possess the necessary experience or qualifications, you’re not getting your money’s worth, and you’ll likely find that your books aren’t fully in order anyways.

If you’re paying somebody, why not pay professionals such as ourselves? At least that way you’re getting the service you’re paying for, with the added bonus of knowing that everything will be in order and done correctly.

Get a free evaluation today at 1-877-78-TAXES [1-877-788-2937].

What Are the Main Benefits of Professional Business Bookkeeping Services?

If any of the above sounds familiar to you, you’ll likely be a great deal more interested in hiring a bookkeeping company than you were beforehand.

If you’re still mulling over the idea but are not 100% sure whether hiring a bookkeeper is the right thing to do, here’s a look at several key benefits that bookkeepers such as ourselves, can provide for you and your business.

We Can Save You Time

One of the main reasons why so many business owners hire professional bookkeepers like us is due to the fact that we can save you so much time.

Because of the fact that we handle your books, accounts, and other types of financial paperwork, we can help to save you a great deal of time because we do it so you don’t have to.

Analysing, logging, and filing paperwork and other types of records is a very time-consuming process, especially if you aren’t sure what you’re doing. If you try to do it yourself, while also trying to run your business, you’ll quickly find that bookkeeping takes a vast amount of time and will make your work life a great deal tougher.

By hiring us, we can take care of your books, accounts, finances, records, and much more besides, giving you more time to focus on running your business instead.

Avoid Bookkeeping Errors

Another reason why professional business bookkeeping help are so highly sought after is because of the fact that we ensure that no mistakes are made.

Bookkeeping is difficult, and if somebody who doesn’t quite know what they’re doing tries to handle this, more often than not you’ll find that mistakes are made, which could potentially be costly.

As we’re professionals, we use the latest tools and software, we have the necessary experience, and of course, we possess the necessary qualifications to ensure that your books and accounts are in order at all times. We can also show you how to keep your books and accounts to help ensure that you don’t make any mistakes in the future, if you need to do them yourself.

Simplify Your Tax Return

Another advantage of our Whittier, Los Angeles, CA based professional bookkeeping service is the fact that it will simplify your tax return.

Whether you choose to file your business tax return yourself, or have a professional represent you and file on your behalf, having all of your books and accounts in order will make the filing of your return so much easier.

Bookkeepers with tax preparation experience are ideal as we know exactly how to file, which forms to request, which numbers to call, and much more besides. Basically, we know the ins and outs of filing tax returns and the IRS in general, making filing your tax return a much easier and far simpler process.

Gain Financial Insights Into Your Business Operations

When you hire us, another way in which your business will benefit is that you’ll gain important financial insights into your day-to-day operations.

As we’ll be able to get your accounts in order, we can show you, clear as day, exactly what you have coming in, what you have going out, where your money is being spent, and where you could potentially make savings.

This important financial insight into your business will not only help ensure that your business operates smoothly, it can also be useful having these accurate figures on paper, for things like business loan applications or when valuing your business.

Obtain Business Guidance

We work with a whole variety of different businesses of all scales, in a number of different industries. As a result, we are in a position to be able to offer you help and guidance if requested to help you grow and expand your business industry specialized bookkeeping help, non-profit, tax exempt organizations, health & wellness, medical doctors, dentists, pharmacies and medical equipment rentals, we also help professionals, such as lawyers, attorneys, insurance agents, real estate agents, mortgage brokers, we also help contractors, HVAC, plumbers, painters, electricians, and other construction businesses, we also help restaurant owners, franchises, franchisors and specialty stores. But that is not the only benefit that you will receive.

Not only can we speak from a professional standpoint, we can also speak from experience and recommend various software and strategies other businesses similar to yours tend to implement, which prove beneficial to them.

Save You Money

When you hire our business bookkeeping services, don’t think of it as a business expense, instead, think of it as an investment.

Our Whittier, Los Angeles, CA based bookkeeping services will help to ensure that you know exactly where your money is being spent, we can highlight areas in which you could make cuts and save money, and we can help you to claim expenses back and offset them against your tax return.

As if that wasn’t enough, we can even ensure that you don’t pay more tax than you should, and that you claim back what you’re legally entitled to.

Our business bookkeeping services are very reasonably priced so regardless of your business, or your financial circumstances, you will almost certainly be able to afford us, especially when you consider the fact that we can save you money.

Get a free evaluation today at 1-877-78-TAXES [1-877-788-2937].

Client Reviews
★★★★★
Mike has given us peace of mind! He helped negotiate down a large balance and get us on a payment plan that we can afford with no worries! The stress of dealing with the IRS is huge and Mike helped us through it all. The peace of mind is invaluable, thank you Mike! April S.
★★★★★
Mike Habib - Thank you for being so professional and honest and taking care of my brothers IRS situation. We are so relieved it is over and the offer in compromise process went just as you said. Mike is very professional and will give you honest answers to the OIC process and you can really trust him. You won't be sorry you chose him! Joe and Deborah V.
★★★★★
Mike is a true professional. He really came thru for me and my business. Dealing with the IRS is very scary. I'm a small business person who works hard and Mike helped me see that they are not that scary after all. He was always there with the answers I needed and was very good about calling me back which I appreciated since your first reaction is to freak out and ask a million questions. He solved a messy case and worked very hard to resolve it. His rates are VERY reasonable for the amount of work he does! I give him my highest recommendation! Marcie R.
★★★★★
Mike was incredibly responsive to my IRS issues. Once I decided to go with him (after interviewing numerous other tax professionals), he got on the phone with the IRS immediately (as in the same day I signed with him) to squash an impending issue. And he worked directly with them to quickly come to a resolution I am very happy with. I'd highly recommend reaching out to Mike to see if he can help you with any IRS issues. I'm very satisfied! Marshall W.
★★★★★
I’ve seen and heard plenty of commercials on TV and radio for businesses offering tax help. I did my research on many of them only to discover numerous complaints and unresolved tax issues. I found Mike Habib through my own online search and contacted him. He was very professional with great communication, always answering my questions and concerns. Mike resolved my complicated tax problem just as he said he would. I would definitely recommend his services to family and friends. Nancy & Sal V.