Chapel Hill business tax accounting from Steward Ingram & Cooper, PLLC has focused on midsize and large companies in the area since 2000, a client mix that differs from our smaller-business Raleigh clientele. We also serve Hillsborough, Pittsboro, and Fearrington, bringing the same depth of tax planning and compliance support to each community.
Our Accounting Services
Financial Statement Preparation & Analysis
Running monthly or quarterly financial statements provides you with a clear, comprehensive look at the financial health of your organization while allowing you to plan for the future. In addition to helping you track your incoming and outgoing funds and determining the profitability of your organization, you will need current financial statements to secure loans, expand your organization, or work with an investor.
We not only generate your business’ financial statements for you, but we will also sit down with you and analyze them so you have a clear understanding of your financial status at the present, what you can expect in the future, and steps you can take to improve your status.
Tax Preparation Services
One of our most common accounting services is tax preparation, both annual returns and quarterly estimated taxes. Business taxes are complicated and time-consuming for most business owners. However, our Chapel Hill CPAs have comprehensive knowledge of the tax codes, including credits and deductions, and we will apply that knowledge to minimize your tax burden ethically and lawfully. We can also sit down with you to create strategies that will minimize your tax payments in the future.
General Ledger Assistance
The general ledger tracks your financial records and is essential for ensuring financial health and solvency. Keeping this ledger updated and organized is necessary, but often time-consuming. Our accountants will analyze your general ledger to look for any discrepancies, reconcile your records, and help you get on a stronger footing moving forward.
Business Tax Accounting Chapel Hill Businesses Trust
Since 2000, we’ve provided tax and accounting services for midsize to large companies in the Chapel Hill area, helping them prepare tax returns and financial statements, interpret financial data, and plan ahead with CPAs who bring decades of hands-on experience. When you outsource your accounting to our firm, you can focus on operations knowing your records and tax preparation are in capable hands.
What is the difference between a CPA and an accountant?
A Certified Public Accountant has earned their CPA license through a combination of education, experience, and exams, and is held to ongoing continuing-education requirements by the state. Only CPAs can legally audit financial statements and file them with the Securities and Exchange Commission.
How far is your office from Chapel Hill?
Our headquarters is about 25 minutes away in Morrisville’s Research Triangle Park. We meet Chapel Hill clients in person by appointment or virtually, whichever works best for your schedule.
Do you work with nonprofits in Chapel Hill?
Yes, alongside our midsize and large business clients, we support nonprofit organizations in the area with financial statement preparation and compliance.
What accounting duties can be outsourced to a CPA?
CPAs handle a large variety of accounting matters. A short list of duties CPAs can perform include:
• Managing accounts receivable and accounts payable
• Bookkeeping services
• Financial reports
• Financial audits
• Tax report and filing
Are accounting services taxable in North Carolina?
Outsourced accounting services are not subject to tax in North Carolina. Contact our CPAs in Chapel Hill to learn if taxes are required for your accounting services in North Carolina.
What’s the difference between accounting services and bookkeeping?
Both bookkeeping and accounting services are vital to a business’s health. While they both overlap in their functions, bookkeeping involves the daily record keeping of financial transactions whereas accounting services provide an analysis of the data that was recorded in bookkeeping.