Are You Drowning in Business Receipts?
Don’t Let Tax Season Overwhelm You.
It’s about that time of year again! Now is the time to break out the numbers and start gearing up for tax season… but perhaps you feel like you’re drowning in business receipts and paperwork. Perhaps you’re overwhelmed with stacks of company expenses that need to be added up, or you just simply can’t find the time to finish balancing last year’s books.
Does this sound like you? If yes, my dear Taxpayer please read on…
Get Your Small Business Ready To File!
Before filing business taxes you’ll need an income and expense statement and balance sheet for the tax year, along with a list of any new assets the business purchased. You’ll also need copies of any W-2s or 1099s the company reported, as well as the business owner(s) information including their legal name, SSN, address, and percentage of ownership.
- Income & Expense Statement: This statement summarizes a company’s revenues and business expenses to provide the big picture of the financial performance of the company over a certain time.
- Balance Sheet: This is a statement of the current assets, liabilities, and capital of a business at a particular point in time. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders.
- New Company Assets: Assets are usually defined as resources or things of value that are owned by a company. Examples of assets include, but are not limited to: cash, accounts receivable, inventory, investments, land, buildings, and equipment.
Enlist Help with Alron Bookkeeping, Inc.’s Computation Services.
The easiest way to ensure your business is prepared for tax season is to upkeep your books all year long, whether you do it yourself or pay another company to handle it for you, but if you’re not caught up Alron Bookkeeping, Inc. offers affordable computation services to take the weight off your shoulders. Simply provide us with your business receipts and/or bank and credit card statements and we’ll calculate and categorize the expenses for you, as well as total up the deposits to determine the business gross income. Alron Bookkeeping, Inc. also provides business bookkeeping reviews and W-2 and 1099 preparation services to make your filing season as painless as possible.
Contact Brevard County’s Accounting Specialist Today!
Whether your tax situation is simple or complex, the bookkeeping specialists here at Alron Bookkeeping, Inc., a subsidiary of Alron Enterprises, Inc., can help you organize and manage all of your important tax documents to ensure a smooth filing experience. Contact us today and get ready for the most effortless tax year you’ve ever had!
Apply for our Bookkeeping Services: Bookkeeping Application