Tax Preparation
What is the purpose of taxes?
Funds provided by taxation have been used by states and their functional equivalents throughout history to carry out the functions such as:
- military defense,
- enforcement of law and public order,
- protection of property,
- redistribution of wealth,
- economic infrastructure — roads, legal tender, enforcement of contracts, etc.,
- public works,
- the operation of government itself.
- education systems,
- healthcare systems,
- pensions for the elderly,
- unemployment benefits
- energy, water and waste management systems,
- public transportation. " (http://www.taxgloss.com/purposeoftaxes.html)
Currently A+ Bookkeeping Service offers tax preparation to individuals, partnerships and corporations. Our fees are as follows:
*Personal Tax Return/Partnerships Tax Returns: $75/hr
* Corporations Tax Return: $90/hr
Payroll
Payroll is vital for any business, especially when it comes to not only timeliness but also accuracy. . Whether payroll is done internally or externally, federal and state laws say that reporting and payment of payroll is the employers responsibility. That can be stressful for any employer. Here at A+ Bookkeeping Service, we hope to ease that stress by providing payroll service for our clients. Our services include:
* Set up payroll information, taxes, earnings, deductions, employees, and generate reports.
* Payroll (weekly, bi-weekly)
* Prepare and file required 1099 forms.
* Payroll tax filings (941, 940, W-3, W-2's)
* Request and maintain vendor W-9 information.
Fees for this service include:
* Consultation: $30/hr
* Payroll: $30/hr
Bookkeeping
With the downfall of companies like Enron and WorldCom, keeping the books at any company has become increasingly more important. Maintaining the financial transaction of a business can be both time consuming and stressful. Here at A+ Bookkeeping Service, we offer a variety of services to meet the customers needs. Here are a list of services we offer to help the needs of the customers:
Accounts Payable and Accounts Receivable
* AR / AP Aging Reports
* Preparation and mailing of client invoices
* Billings prepared as needed
* Record and account for revenue
* Input receivable transactions into the accounting system
* Maintain subsidiary receivables ledger
* Prepare and deliver periodic statements
* Issue client-approved credit memos
* Process client-approved adjustments
* Apply cash received to customer accounts
Bank Reconciliation
* Bank account reconciliations
* Cash balance reports
General Ledger
* Maintaining general ledgers
* Classify invoices to the proper G/L account
Month End, Quarter End, and Year End
* Monthly financial statements
* Preparation of Year-End books
* Request and maintain vendor W-9 information
* Prepare and file required 1099 forms
* Quarterly Tax Filing
* Quarterly Tax Filing (State and City Required Documents)
* Payroll tax filings (941, 940, W-3, W-4's)
Vendor Maintenance
* Maintain vendor master files
* Reconcile vendor statements to accounts payable ledger
Fees for this service include:
* Account Set-Up (one time charge)-$25/hr
* Bookkeeping: $65/hr
* Consultation: $30/hr
* Word Processing: $35/hr
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