You run your business.
We'll handle the rest.
Our goal is to help scale your business, build your team, and eliminate unnecessary expenses to provide clarity on where your business stands, and where you want it to go.
Hire a professional to ensure that your financial records are accurate and up-to-date.
You and your staff can focus on other important aspects of your business.
Reports and analysis that help you understand the financial health of your business.
Bookkeeping & Accounting Services
Leave the Accounting to Us.
By leveraging our team of seasoned tax and accounting professionals, you gain all the advantages of engaging an experienced financial executive, without incurring additional costs.
Regardless of whether we schedule monthly, quarterly, or annual meetings, we empower you to assume financial command of your business. This enables you to concentrate on your primary business responsibilities, while making well-informed decisions about your financial future.
- Produce comprehensive reports and conduct thorough analysis of financial data.
- Evaluate cash flow and enhance profitability.
- Prepare budgets meticulously.
- Engage in strategic tax planning and expert financial forecasting.
- Set up accounting systems, including Chart of Accounts and General Ledger.
- Implement internal controls to prevent fraud.
- Prepare accurate quarterly, monthly, and annual financial statements.
- Process use and sales taxes diligently.
- Generate profit statements and balance sheets reliably.
- Create customized financial reports tailored to specific needs.
- Prepare business tax returns meticulously.
How your friend does their bookkeeping might be different from how you do it.
You must find a financial tracking system that works for you and stick to it.
Hire a professional and take the worry out of doing your taxes.
FINANCIAL REPORTS
Let Accounting Solutions Prepare Your Financial Statements
We live in an age driven by information. The ability to use financial insights and measurements to your advantage is what sets you apart from the rest. To gain a holistic view of your business’ financial activities, it is essential to work with a monthly, weekly, and daily financial report template that provides a comprehensive overview of every key area aligned with your specific goals, aims, and objectives.
These reports help your business achieve specific financial goals and enable you to provide valuable information to investors, managers, and banks. This is particularly important if you work as a financial agency and need to create an interactive client dashboard.
At Accounting Solutions, our goal is to help you maintain a clear and accurate picture of your business's financial health by providing timely and appropriate financial statements each month. With expert financial analysis and thorough review of your financial records and accounting software, our team can help you streamline your workflow and produce accurate statements that enable a complete comprehension of your financial standing. Reach out to us to learn more about how
Accounting Solutions can help enhance your monthly closing and financial statements.
Ensure that your financial records comply with all relevant laws and regulations.
Make more informed financial decisions about your business.
Financial statements are accurate, reliable, and compliant with relevant regulations.
Tax Planning Services in Huntsville, Alabama
Did you know that tax services can extend beyond the scope of tax return preparation? By engaging a certified public accountant (CPA) to handle your tax planning throughout the year, you have the potential to save thousands.
Tax planning is a comprehensive and ongoing process where our team can assist you in better preparing for and maximizing future tax returns. It differs from tax preparation as it involves a higher level of collaboration between you and your CPA. Tax planning goes beyond mere preparation and is a continuous endeavor. Remember, it's not just about your income, but also about how much you can retain.
Through tax planning, we thoroughly analyze your prior tax returns, offer guidance on achieving improved returns in the future, and enhance your overall tax efficiency. Individuals and businesses seeking personalized tax planning services rely on our expertise and experience at Accounting Solutions to develop proactive tax planning strategies.
Our objective through tax planning is to ensure that you minimize your annual tax liability with our assistance. We possess a deep understanding of current tax laws and the complexities of the tax code. Additionally, we actively educate ourselves by attending tax seminars and staying abreast of the latest legislative changes.
Flexible payroll services that can be customized to meet the unique needs of your business.
Managing payroll in-house can be costly and time-consuming.
Providing peace of mind for you and your employees.
ANNUAL 1099 FILING
Tax laws are complex. We're here to help you handle it all.
We provide complete, rapid and uncompromising support when you need it and will help you identify all the sources of income and related tax savings. The 1099 is an IRS form used to report non-compensation for tax purposes. There are 20 varieties of 1099s, but the most common one is the 1099-NEC. If you paid an independent contractor over $600 in a financial year, you will need to complete a 1099-NEC.
Individuals may also receive income from tax benefits, prize winnings, interest payments, IRA distributions, state tax refunds, government payments, the sale of personal property, or even credit card debt forgiveness.
Reasons you may need to file a Form 1099-MISC include making payments for the following:
- Royalties
- Rents
- Services performed by independent contractors (non-employees)
- Prizes and awards
- Medical and health care payments
- Attorneys and lawyers
- Direct sales of consumer products for resale anywhere other than retail stores
Accounting Solutions professional 1099 services can save time and money for independent contractors and business entities. Our services include recording business payments and ensuring that all forms are filed timely and accurately. Failure to fill out Form 1099s can result in fees, penalties, and worsened relations with contractors and other parties.
We Specialize in
Business Tax Preparation
Payroll Services for Individuals, Small Businesses, and Midsize Entities
We pledge to keep your tax liabilities as low as the law allows. It is our priority to constantly improve our mastery of current federal and state tax laws, complex tax codes, and new tax regulations to provide you the best tax advice possible.
Features:
- State and federal income tax preparation and filing
- Local and state sales tax compliance
- State and federal payroll tax
- Minimize tax liability through the use of proven tax planning strategies
- Profit and loss statements
- Mergers and Acquisitions
- Entity selection and structure (S-Corp, C-Corp, LLC)
Our tax preparation services include but are not limited to:
- Individuals
- Corporations, Partnerships, LLCs
- Estates, Trusts
- Tax Exempt Organizations
- Amendments
- Prior Years
Tax Preparation Services for Individuals
Your Go-To for Reliable Personal Accounting and Expert Tax Preparation Services.
As your dedicated advisors, we assess your unique tax circumstances and provide expert guidance in navigating any tax-related obstacles that may arise. Our primary objective is to minimize your tax liability, allowing you to retain a larger portion of your well-deserved earnings.
Furthermore, it is our responsibility to remain well-informed on the latest federal and state tax regulations through continuous professional development. We leverage our extensive understanding of tax codes to ensure meticulous preparation of your individual tax returns, safeguarding that you avail all eligible tax credits and deductions.
- Ensure the preparation of precise and timely tax returns.
- Compute estimated taxes for self-employed small business proprietors.
- Formulate tax planning strategies aligned with individual financial objectives.
- Facilitate expedited tax refunds through electronic filing and direct deposit.
- Submit extensions and estimate taxes diligently to prevent interest and penalties.
Contact Us
Contact Us
Hours of Operation
- Mon - Fri
- -
- Sat - Sun
- Closed
By Appointment Only
