THE HELP CENTER
All You Need To Know
What do Bookkeepers Do?
A bookkeeper is someone who works for a company (either as an employee or a contractor) to keep the financial books. Most bookkeepers use accounting software like QuickBooks for this task. A bookkeeper is responsible for accurately recording transactions, including accounts receivable, accounts payable, inventory, and (sometimes) payroll, and providing reports on a monthly, quarterly, and annual basis.
A bookkeeper may also assist in preparing sales taxes,1099s and 1096 forms at the end of the year, but doesn't analyze the reports or give tax advice.
What do Accountants Do?
Accountants prepare detailed financial statements, perform audits of the books of public companies, and they may prepare reports for tax purposes. But an accountant is classified by the IRS as an unenrolled preparer, which means they have no standing with the IRS in the matter of signing tax returns or representing clients during tax audits and other matters before the IRS. Only CPAs, tax attorneys, and Enrolled Agents are able to represent a taxpayer before the IRS.
What Certified Public Accountants (CPAs) Do?
A CPA has an additional level of credibility and expertise. A CPA is an accountant who has passed certain examinations and met all other statutory and licensing requirements of a state to be certified by that state. In addition to preparing and reviewing financial statements, CPAs also prepare tax returns for businesses and individuals, sign tax returns, and represent taxpayers before the IRS for audits and other matters.
What are your service fees?
New clients receive a free initial consultation to discuss their needs. Routine monthly bookkeeping is charged on a flat fee basis. We'll customize our services so you pay for only what you need.