Small Business
- Analysis of business plans and strategy
- Review business structure – discuss the tax advantages of different entities
- Review/analysis of financial statements
- Obtaining or review of required company documents
- Articles of Incorporation – Secretary of State
- Employer Identification Numbers (EIN)
- Partnership or Shareholder Agreements
- Assistance with establishing:
- Internal controls
- Financial procedures
- Operations manual
- Document retention policy
- Review of Insurance needs
- Business valuations – Are you getting ready to retire, have family take over, or sell to a third party. Plan far in advance so set yourself and your company up for a successful, but also a valuable transition.
Taxes
Tax laws continually change. At Matthew J Ackermann, CPA, we prioritize having an understanding of not only those laws, but also our client’s needs, so we can provide the best tax service possible. Services provided include:
- Estimate determination and preparation
- Preparation of tax returns for individuals, corporations, partnerships, and non-profits
- Commercial Activity Tax
- Sales tax
- Assist with preparing tax records
- Assist in preparing year-end journal entries
- IRS Notification or Audit support – Don’t worry. We will address the issue in a timely, accurate manner, with proper supporting documentation. The IRS sends out thousands of these; you’re not alone
Accounting
Matthew J Ackermann, CPA offers complete QuickBooks services. This includes on-site QuickBooks training, on-line training courses offered through Real World Training (a company endorsed by Intuit, the makers of QuickBooks), and continued support. We provide the following services for QuickBooks:
- Initial company set-up or transitioning your records from your old software.
- Customizing your chart of accounts to fit your industry and company specific needs.
- On-line banking set-up, so you can download bank transactions directly into QuickBooks.
- Input of customers information for invoicing and tracking of receivables.
- Input of vendor information for bill payment and tracking of payables.
- Customizing reports to give you the information you need to make financial decisions about your business
- Monthly, quarterly, or annual review of your records
- Month and year-end procedures
- General journal entries
- Bank statement reconciliation
- Assist you with your preparation of financial statements
- Budget preparation
- Identifying your company goals.
- How much cash flow is needed on a daily, monthly, annual basis?
- Determine your fixed and variable expenses.
- What is your projected revenue?
- Payroll Set-up and training
- Integration with Field Software, Time Tracking Software, POS systems
Payroll
Payroll can be a daunting task for small businesses who don’t have a payroll person on staff. Assigning your bookkeeper this role can take much of their time. Let Matthew J Ackermann, CPA assist you with your payroll needs. We do the following:
- Prepare weekly or bi-weekly payroll
- Direct deposit or checks
- Electronic access to paystubs
- Prepare and file federal, state, and local reports
- Deposit tax liabilities with federal, state, and local agencies
- W-2, W-3 and 1099 filings at year-end.
- Copies of all filings for your records
- Reports to download or enter in your accounting software