Outsourced Accounting is an all-inclusive solution that offers small businesses relief from the day-to-day accounting and compliance hassles while providing 24/7 access to financial data. As your trusted advisor we supply valuable financial and tax advice throughout the year. All activity is completed online via our technologically advanced platform—so communication and document exchange is in real-time.
Setup and training for Outsourced Accounting couldn’t be simpler. You define your immediate needs and we assess how Outsourced Accounting can be integrated. We train your company’s designated point of contact on the process of providing our staff with the information required by the Outsourced Accounting solution and teach them how to access the system from our website.
|Accounting & Business Management|
|Quarterly review of transactions||✓||—||—|
|Quarterly bank and credit card account reconciliation||✓||—||—|
|Quarterly recording of payroll journal entries, if applicable||✓||—||—|
|Quarterly prepared financial statements||✓||—||—|
|Monthly review of transactions||—||✓||✓|
|Monthly bank and credit card account reconciliation||—||✓||✓|
|Monthly recording of payroll journal entries, if applicable||—||✓||✓|
|Monthly prepared financial statements||—||✓||✓|
|Weekly recording of transactions and receipt tracking||—||—||✓|
|Bill Pay Services||—||—||✓|
|Monthly QuickBooks Online Subscription Fee||✓||✓||✓|
|Tax Planning & Guidance|
|Preparation of Business Tax Returns||✓||✓||✓|
|Annual Tax Planning||✓||✓||✓|
|Preparation of the Ohio Commercial Activity Tax Return and payments||—||✓||✓|
|Annual preparation of Ohio Unclaimed Funds Report||—||✓||✓|
|Annual preparation of 1099-MISC for contractor workers||—||✓||✓|
|Annual preparation of 1099-DIV & 1099-INT for dividends & interest||—||✓||✓|
|Annual preparation of Form W-2-G for raffles||—||✓||✓|
|Preparation of Form 5500 for retirement plans, if applicable||—||✓||✓|
|Preparation of Annual Ohio Bureau of Workers' Compensation Report||—||✓||✓|
|Annual calculation of auto fringe benefit||—||✓||✓|
|Annual Owner's Health insurance reporting on W-2s||—||✓||✓|
|Monthly pension remittance||—||—||✓|
|Partner with third-party payroll company for payroll hours entry||—||—||✓|
|Annual Simple IRA pension plan summary compliance||—||—||✓|
Our accounting services provide thorough, accurate reporting and critical analysis that allow you to evaluate your financial health and realize your business goals. Our firm can help you by delivering financial statements and reports to help you monitor your business, while handling all your accounting tasks so you can concentrate on running your business. Our goal is that you are successful from the launch of your business and as you move forward.
We know one of your top priorities is paying less in taxes. This is best achieved through comprehensive tax planning. We work with you throughout the year to develop a customized plan with tax-saving strategies that are tailored to your unique situation. We are committed to minimizing your tax liabilities and maximizing your future opportunities—while remaining in full compliance with IRS statutes.
We partner with third-party payroll providers to provide guidance and review of your payroll needs. One of the most time-consuming tasks any business owner faces is payroll. Processing payroll involves much more than simply handing out regular paychecks. There are taxes, deductions, changes in payroll laws, year-end documentation, and more to worry about. Working with us and a third-party payroll provider, the headaches stop here.
Put your focus back on your business by handing your accounting work over to our firm. When you outsource your accounting function to us, you get a team of professionals working for you. We handle your complex tax and accounting work while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
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