FLETCHER TAX & BOOKKEEPING

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As of 01/01/2024, we are using a new client portal platform.

Please contact us if you do not have a new portal account.

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bookkeeping

Why do you need to keep an up-to-date and accurate set of books?  

 

  1. You need to know your cash flow situation.
  2. You need to know what services and/or products are generating the most profits.
  3. You need to be ready for taxes without the stress of not knowing how much you will owe or having to run down a year's worth of expenses.

 

Most small business owners do not have the time or expertise to keep a clean set of books.  We work with you to make sure your financials are completed timely.  Depending on the level of service you select, we can; perform quaterly tax planning, provide and review cash flow, compare your financials to other similar industries, and prepare your tax return.

 

Although, the biggest benefit our clients inform us of is that they do not have to stress when it comes tax time.  The books are kept up throughout the year and there is no frantic endeavor to gather and organize income and expenses without missing anything.  Our clients tells us this alone makes our bookkeeping services invaluable.

 

WE ALSO PERFORM:

  1. CLEAN-UP & REVIEW SERVICES IF YOU KEEP YOUR OWN BOOKS
  2. PRIOR PERIOD BOOKKEEPING TO GET YOU READY FOR TAX PREPARATION

Data entry and reconciliation of bank, credit card, loans, and other business accounts.

  • Identify duplicate checks, withdraws, and/or deposits
  • Detect excess bank charges and fees
  • Ensure transactions posted by bank for correct amounts
  • Verify transactions properly categorized

Financials - Income Statement.  Profit & Loss Report.

  • Categorize income and expenses to determine company health
  • Track drastic fluctuations in revenue and expenditures
  • Determine taxable profit to project tax liability
  • Identify areas of unexpected expenditures

Financials - Balance Sheet

  • Identify company account balance at specific date
  • Overall picture assets vs liabilities
  • Analyze various business ratios to determine growth pattern
  • Review cash withdraws for personal items

After-the-Fact Payroll Support

  • Reconcile payroll to financials
  • Prepare quarterly federal Form 941s
  • Prepare quarterly state TWC unemployment reports
  • Prepare annual form W-2s