As a small business ourselves, we understand your time is in short supply. Maintaining your business is a full time job and growing your business can double your hours (and then some). Contact Huddleston Tax CPAs so we can accounting burden off your shoulders.
We provide the following tax consulting & financial services (with more detailed descriptions below:
- Tax Preparation
- Tax Planning
- Entity Selection
- Payroll Services
- QuickBooks Consulting and Training
- Business Coaching
- Business Valuation
- Business Planning
- CFO Services
Additionally, we have talented CPAs who specialize in the following industries:
- Construction & Engineering
- Medical & Surgical Practices
- Technology & SaaS Companies
- Real Estate Investments and Realtors
- Law Firms
Tax Filing & Planning
Huddleston Tax CPAs specializes in small business accounting in Washington state. We can not only prepare your taxes, but help you plan year-round so you can maximize profits and capitalize on business deductions. We can manage the more complex accounting tasks of your business We know all of the different practices and procedures when it comes to accounting, so let us handle that aspect while you nurture your business. Our services are known for our speed and accuracy. If you are struggling with your finances, sorting through piles of tax documents and trying to figure out how to maximize your profits then contact Huddleston Tax CPAs.
Where is your money going? Who’s expensing what? How can you keep costs down?
One of our jobs as your small business accountant is to make sure that the well-being of the business’s finances are in good shape. We recognize when the business is spending money it doesn’t need to. Whether you’re looking for new opportunities to expand your business or simply trying to maximize efficiency, you might be missing some of the more costly mistakes. We track all of your regular payments to suppliers and lenders, making sure all of your company’s earnings and expenses are accounted for. Moreover, we review all payments and expenses, so we notice when something is amiss or can be removed altogether.
In addition to your company’s financials, we also manage payroll for a number of clients. As a small business owner, you’re no doubt uniquely aware that payroll is one of the easier elements of running a business and yet extremely time consuming. Plus, when something goes wrong, it can cause a great deal of discord. Outsource your payroll; remove it from your agenda and let us handle this element so you can focus on growing your business.
If you want to evaluate your business or looking for ventures to purchase, we provide small business valuation reports, weighing pros and cons; costs and earnings. If you want a fair market estimation of your business, then look toward our valuation reports. Not only can we help you evaluate your business, but we can help find ways to make it more valuable. We have the expertise to utilize all of the different methods available for reducing costs.
You don’t need someone to tell you how to run your business, but if you’re looking for an outline or guide, then our coaching services are the way to go. Communicate to us what your company values are, mission statements, elements that are important to your business and let us handle what the costs/projections look like. We can offer a great deal of advice for running your business and provide the fixes you need for any financial problems. We can also provide helpful guidance on the day to day operations of the business and tell you what you need to do to make sure that your business is going to be as successful as you want it to be.
One of the ways we help you to grow your business is by mapping out your company’s structure, goals, and priorities. There’s a balance to growing a small business and by considering your priorities, we can help you craft a roadmap to your future. Additionally, we can help you structure your business legally as well, evaluating the benefits of being a sole proprietorship, LLC or S Corp.
Huddleston Tax CPAs also offers outsourced CFO services to small business owners and startups. One of the drawbacks of hiring an in-house CFO is you need to pay a salary, time-off, medical, etc. With an outsourced CFO service, you’re strictly paying for hours and outcomes.
Frequently Asked Questions
What are the accounting services?
Although there are four distinct types of accounting, the above list are what most small business owners and individuals are referring to regarding CPA services. Bookkeeping, payroll, tax filing and tax planning.
What type of services do accountants provide?
Accountants can provide a wide array of services for individuals and businesses alike. For individuals, accountants file taxes, ensure compliance with their state and federal laws, and can assist in financial planning.
For businesses, accountants can provide bookkeeping, payroll, tax preparation services, as well as cost analysis, forecasting, budgeting, and business coaching.
What is the purpose of accounting services?
For individuals with complicated returns, the purpose is to ensure your taxes are filed on time with accuracy. This way, even if you owe money, it doesn’t cost more than a penalty would.
For business owners, accounting services can provide accurate forecasts, allot appropriate budgets and create cost analysis especially where equipment and hiring are concerned.
For startups, accounting services primary function is to deal with all the bookkeeping and finances of your business so that you can focus on growing your business.
What are the 4 types of accounting?
Accounting is split into four main categories: public, management, government and internal auditing. Public accounting includes the aforementioned services, such as filing taxes, bookkeeping, payroll, and financial analysis.
Management accounting is similar but it’s focused on analyzing a business’s goals, performance evaluation, cost and asset management.
Government accounting is specific to government businesses. There’s a focus creating budgets and allocating appropriate funds to the right departments all according to the law.
Internal auditing has a wide range of sub-categories wherein it may be auditing to determine compliance, environmental, management practices or fraud.