Bookkeeping Service

If you are in business, consider outsourcing your bookkeeping. Bookkeeping service provided by accounting office is more efficient and more accurate then what you can get in-house and will cost you fraction of paying full time salary to someone in your office. Having accurate accounting information will help you plan your cash flows, have accurate and timely information and keep track of your finances. It will also make preparing your taxes at the end of the year a snap. You will be able to know your tax liability from month to month and you will not have to write a large check at the year end. I will help you plan your expenses to minimize your taxes, make purchases at appropriate time when you can take the most advantage out of your purchases and pay your taxes as you go to minimize the stress.  Running a small business is a big job, having bookkeeping service that can help you handle your finances makes it easier to accomplish other business goals. Bookkeeping service can generally handle many tasks such as controller services (cash management), accounts payable, receivable, bank reconciliations, and payroll and tax payments.  In some cases business has to pay payroll taxes on weekly, monthly or quarterly bases, if the taxes are not paid, the penalties are rather large. Don’t make a mistake of assuming that you know all the rules. Research and ask. Keep in mind that not all bookkeeping services are the same and you are entrusting someone with your financial information. Make sure you hire the company who is bonded and insured and have stuff sufficient enough to handle the tasks.

Always choose bookkeeping service with good reputation and make sure the service fits your needs. If you have questions or if we can help you, email us at bookkeepingandaccounting@comcast.net or check out our website at www.bookkeepingandaccountinginc.com

 

New business taxes and self employed taxes. High income earners taxes.

New business taxes, self employment taxes and high income earners taxes New business taxes, self employment taxes

The IRS standard mileage rate has changed for 2014. Here are the rates:
•56 cents per mile for business miles driven
•23.5 cents per mile driven for medical or moving purposes
•14 cents per mile driven in service of charitable organizations.
These rates are in effect for the entire year for businesses taking the standard mileage deduction.


Businesses may decide to deduct mileage using either the standard mileage rate or actual expenses. If you drive less than 50% for business, you probably want to use the standard rate, but if you drive over 50% for business, adding actual expenses might be better
The tax rate for Social Security remains the same but the maximum deduction has been increased for 2014, to $117,000. This maximum affects employees and it also affects small business owners who must pay self employment tax
Beginning with tax year 2013, an additional Medicare tax rate of 0.9% is applied to combined employment income and self-employment income above these levels:
•Married filing jointly - $250,000
•Married filing separately - $125,000
•Single - $200,000
•Head of household (with qualifying person) - $200,000
•Qualifying widow(er) with dependent child - $200,000

This additional tax must be withheld from employee pay above $200,000. For self-employed business owners, this additional Medicare tax is included in self-employment tax calculations.

In addition, also beginning with the 2013 tax year, a net investment income tax of 3.8% on investment income is imposed on higher income individuals, including business owners.

Tax audit services Jacksonville

When you need tax audit services Jacksonville then you have come to the right place.  We are bookkeeping and accounting of florida and we specialize in such service.  Our staff is very knowledgeable when you are being audied and need to be represented.  We understand the amount of stress and how overwhelming it can be to have an audit done on your business.  We will help you through these issues and do so at a reasonable cost to you.  We will provide you with the peace of mind that you will need to run your business during these audit processes.



Our tax audit services Jacksonville are some of the best in the county.  We pride ourselves on having some of the best accountants on our staff that ad to the overall experience you will have with our company.  We take our jobs very seriously as we understand the tax side of a business is very large portion of doing business in the United States.  We always try to save you money as we are helping you with your business taxes.  We make sure you are getting all of the deductions you should be getting and we will ask good questions to get all of the facts.  The truth is always changing so we will always stay close your business to make sure that we are getting the most tax breaks that you can.

The time you will come when you will be looking for tax audit services Jacksonville and we will be ready to serve when you do.  We have a friendly and smart staff that can help with any of your business tax issues.  We offer free consultations so we can discuss your situation to see if we would be a good fit for you.  We look forward to working with you in the future.

Bookkeeping

When you need bookkeeping service in the Jacksonville FL area consider using our service. We are bookkeeping and accounting of Florida and we have been serving our clients for over 10 years.  We started as a one woman operation and have grown to have four employees now.   Each one of our employees contributes enormous value to our clients and we hope to hire more employees in the near future.

Next time you are considering having your bookkeeping done in the Jacksonville FL area we hope you come over to our office to discuss our services. We serve small to very large business’s and we offer the same type of hands on approach to all of our clients.  We do bookkeeping services, internal audits, and we also do consultations.  We try to make the tax portion of your business as stress free as possible so we handle every aspect of it.  You can rest assured that we will save you time and money in the many years to come if you hire our service. Our staff is very knowledgeable and friendly and we try to be the type of service that you enjoy working with. We serve all of Jacksonville and we even have some out of town clients.  We are looking in the future and we are hoping to have one of the larger accounting firms in this area so we can serve more people. While we grow we still hope to have that small firm feel and access to all of our great resources that our company has for our clients.

When you need a professional bookkeeping service in the Jacksonville FL area consider using our service. We are fast becoming one of the most trusted accounting firms in this area.  We offer free consultations to see if we would be a good fit for you.  We look forward to speaking with you in the future for all of your business tax needs.

Bookkeeping Services

When you are choosing bookkeeping services in Jacksonville Florida we hope you consider using a reputable firm like ours.  We are bookkeeping and accounting of florida and we have been in business for over a decade.  Over the years we have learned all of the details that it takes to help our valuable clients save time and money.   We started off small but we are growing and we hope you will give us an opportunity to serve you one day. We are located in the mandarin area of jacksonville but we serve all of florida and even some other states.

The bookkeeping services we offer can help any business owner gain control over their business quickly.  Our services start at $50 per hour and and go up to $100 per hour depending on the difficulty of your situation. We will consult with you about your unique financial set up and help you achieve a rate that can fit your budget.  We can set up your company on QuickBooks  or use your existing system to help you keep track of your finances. Although most of the business owners  are very busy, financial information is necessary for any successful business. Not only the proper financial information is required by many governmental agencies, but it is important to keep for your own records.  A lot of people get stressed out about doing their taxes and that is when they look to hire bookkeeping services.

When you get tired of dealing with all of the stress that comes with doing your own taxes please consider our bookkeeping service. We are bookkeeping and accounting of florida and we are Jacksonville’s preferred accountants. We are available for free consultations and are happy to do this free of charge to see if we would be a good fit for you. Contact us today to schedule a consultation and we are looking forward to serving you in the future.
 

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