Partnerships
A partnership is any unincorporated business that is operated by more than one person or entity. Partnerships file Form 1065. Income and deductions are passed through to partners on Form K-1. We often prepare partnership tax returns in conjunction with individual tax returns.
Bookkeeping
It can be difficult for small business owners to keep up to date with their books and records as it takes a lot of time away from running core functions of their business. It may not be many people’s favorite thing to do, but is an important part of running a business. It helps the owners understand their financial position, as well make it possible to file accurate tax returns.
We provide a full suite of bookkeeping services that includes monthly reconciliations; 1099-MISC preparation; W-2 preparation; tax preparation handoffs; financial statement preparation; cash flows; and projections.
Some clients need one or two of these services and some need all. We let our client decide what works best for them and their business needs. We are happy to assist in any way we can because we understand the value that accurate financial information can bring to a growing business.