• Financial Record Review: Comprehensive audits of financial records to ensure accuracy and adherence to tax regulations.

• Reconciliation: Detailed reconciliation of bank accounts, credit card statements, and general ledger accounts to confirm year-end balances.

• Tax Document Preparation: Compilation and organization of financial data, including income statements, balance sheets, and cash flow reports, for seamless tax filing.

• Adjusting Entries: Recording of adjusting journal entries to correct discrepancies and align financial statements with GAAP or tax standards.

• Expense and Revenue Analysis: Categorization of expenses and revenue streams to maximize tax deductions and identify financial trends.

• 1099 Reporting: Preparation and filing of 1099 forms for contractors and vendors in compliance with IRS requirements.

• Collaboration with Tax Professionals: Coordination with accountants or CPAs to provide thorough documentation and resolve any tax-related queries.

• Regulatory Compliance: Assurance that all financial practices align with current laws and regulations.

 

Let us handle your year-end accounting needs with precision and expertise, so you can close the books confidently and focus on the year ahead.