Monthly Accounting
Monthly Accounting Services for Small Business
Outsourced Accounting Services
Your business’s growth depends on accurate financial reporting—but not every business needs, or can afford, an in-house accounting department.
That’s where outsourced accounting comes in. Outsourcing your accounting can save you money and allow you to focus on other aspects of company growth.
Monthly Accounting Services for Small Business
The Benefits of Outsourcing Monthly
Accounting Services:
How to know when it’s time to outsource your monthly accounting:
- It is not economically feasible to hire a full-time bookkeeper.
- You are finding mistakes, errors and delays in your income and expense reports.
- You're spending too much time on accounting processes.
- You’re growing too fast to keep up with finances.
What You Get When You Outsource With AGFintax:
- Dedicated Accountant
- The Communication Frequency You Prefer
- Complete Transparency
- Peace of Mind
Services we offer:
- Bookkeeping
- Accounts Payable and Receivable
- Bank and credit card reconciliation
- Financial statements and reporting
- Payroll and payroll tax filing
- Departmental budgets
- Financial goal-setting
How To Know If Outsourcing Your Monthly
Accounting Is The Right Call:
Bookkeeping
Handling the books, records and tax filings of your business
Accounts Payable and Receivable
Keeping track of money third parties owe you and money your company owes to customers
Bank and Credit Card Reconciliation
Verify that transactions on both sides are complete, correct, and valid.
Payroll and Payroll Tax Filing
Keeping the payroll up to date and running smoothly while filing Form 941 to report federal income taxes you withheld
Departmental Budgets
Creating a financial plan that lays out the spending for the upcoming quarter or fiscal year while monitoring the progress regularly
Financial Goal- setting
Setting up a long-term financial goal through saving, spending, earning or even investing
Helpful Resources
Uncertain Tax Position? File Form 8275 to Avoid Penalties
Are you considering a bold tax position that may significantly reduce your taxes? If approved by the IRS, it’s a win. But if disapproved, be prepared to face a considerable tax penalty. The IRS imposes a 20 percent penalty for
How To Prepare For An IRS Tax Audit & How A Professional Can Help
The IRS may audit you due to incorrect numbers filed on your tax returns, failure to report income, or deducting too many business expenses—or, you may be selected for an audit at random. Regardless of what prompts the audit, they
Tax Rules for Providing Free Meals and/or Lodging to Employees
If you’re wondering about tax-free treatment for employer-provided meals and lodging, you may find the following overview helpful. Under Section 119 of the Internal Revenue Code, businesses can offer employees tax-free meals and/or lodging, provided they meet certain conditions. Tax-free