Operating a business or nonprofit requires you to take on multiple roles. However, accounting is one role you should leave to experienced professionals. When you don’t have an in-house accounting department, reach out to Steward, Ingram, & Cooper, PLLC. Our business tax accountants offer comprehensive accounting services that will help you meet your financial goals.
Our Accounting Services
Financial Statement Preparation
Financial statements may be necessary when you want to secure a loan or work with an investor, but they also provide you with an in-depth look at the financial health of your business. You can use them to determine how much your business is worth, your assets and liabilities, and areas of your business that are the most profitable and those areas that are costing you.
Tax Preparation
By turning your business tax preparation over to our experienced CPA firm, you’ll not only save time, but we will help to reduce your tax burden. We have comprehensive knowledge of the tax code and will use our knowledge to help reduce your payments ethically as well as create strategies to reduce your liabilities in the future. In addition to annual taxes, we also prepare quarterly estimated taxes.
General Ledger Assistance
The general ledger is the heart of your business’s financial records. We will look over your general ledger system for any discrepancies and reconcile your records to ensure your books are accurate and you know more about your financial status.
Financial Analysis
We can sit down with you to analyze your financial statements and data and help you better understand your current financial status so you can plan the future of your business.
Work with a Business Tax Accountant at Steward, Ingram, & Cooper, PLLC
Steward, Ingram, & Cooper, PLLC has provided tax and accounting services for small to midsize companies in Raleigh since 2000. Our business tax accountants have a vast range of experience and knowledge in financial services which allows them to go beyond tax preparation and financial statement generation. Our CPAs are dedicated to the financial well-being of your business and will work with you to understand your goals and help guide you on a path to meeting them.
Outsource your accounting so you can focus on running your business while feeling confident that your taxes are being handled ethically and accurately. Reach out to us today for a consultation regarding small business accounting services in Raleigh as well as Cary, Durham, Apex, Garner, Wake Forest, and the surrounding areas. Call (919) 872-0866 or fill out the form below to start working with a business tax accountant in Raleigh.
Accounting Services: Frequently Asked Questions
What is the difference between a CPA and an accountant?
All CPAs are accountants, but not all accountants are CPAs. All accountants monitor personal or business finances, keep records, and can issue financial statements.
The certified public accountant title shows that the accountant has sufficient knowledge, education, and experience and that they have passed their Uniform CPA Examination. CPAs are regulated by the state and must complete continued education to keep current with trends and updates.
Should I hire an accountant?
Many business owners find themselves faced with the choice of whether or not they should work with a business tax accountant. Some choose to hire an accountant on retainer, while other business owners employ an in-house accountant. However, the choice is dependent on your business’s needs and resources.
If you don’t have the resources to hire a full-time accountant, you can opt to outsource accounting services short-term or hire a certified public accountant during tax season. A local CPA or business tax accountant can even help you through important decisions such as applying for loans.
How can outsourced accounting with a Certified Public Accountant help my business?
If you own a business, an outsourced business tax accountant can reduce costs and provide you with similar benefits to a full-time employee. A CPA can help during tax season, they can organize your books, and/or can provide consultations before a loan agreement.
If you’re acquiring a business, a local CPA can help you analyze its financial records, verify assets, and perform other time-consuming due diligence tasks. If you’re selling your business, a contracted accountant can give you estimates of the fair market value of your business, prepare your financial statements, and help with business reporting.
What accounting duties can be outsourced to a CPA?
Whether you need help with personal, business, or non-profit, a CPA can help you with tax preparation and planning, tax filing, general ledger assistance, financial statement preparation, and financial analysis.
Are accounting services taxable in North Carolina?
Some professional services in North Carolina are subject to sales tax. Outsourced accounting services are not subject to sales tax in NC. Contact our CPAs in Raleigh to learn more about taxes paid on accounting services in North Carolina.
What’s the difference between accounting services and bookkeeping?
Bookkeeping as well as accounting are considered vital functions when it comes to improving the health and financial standing of your business but they both serve different functions. Both services work to improve the financial health of the business, but the difference is that accounting services are used to analyze data while bookkeeping is used to record the data.