Bookkeeping Services 

Antioch CA | Brentwood CA | Oakley CA | Pittsburg CA

Click Here To Call a Tax Expert 415-738-8331

We provide comprehensive solutions to properly account for our clients' cash receipts, vendor invoice entry, cash disbursement, fixed asset, and inventory tracking.  Our goal is to help business owners succeed by effectively performing bookkeeping services. Our bookkeeping services include remotely logging into clients systems (i.e. Quickbooks, Peachtree, and Excel files) to enter, review, or record adjusting entries. Below are the common questions that are asked by our clients in managing their books:

Question: I am a sole-proprietor and have no employees - do I need to account for my income and expenses?

Answer: Generally, it is advisable to have a separate bank account to account for your business related transactions - income, expenses, and capital expenditures. However, most small businesses find it costly to outsource the bookkeeping function. As such, we offer a cost effective package for a small business without employees. This will ensure that all your income, expenses, and capital expenditures are accounted for the tax basis of accounting.

Question: I use excel to account for my income and expenses and do I need to transition to Quickbooks?

Answer: Generally, excel is a great tool to account for your income and expenses if there are not a lot of transactions. If you have a business with employees, assets, liabilities, and other capital investments then it is highly recommend that you consider transitioning into leveraging the bells and whistles of a complete accounting package.

Question: I have contractors and do I need to issue out a 1099-Misc?

Answer: In general, if you are contracting with third parties then the rule of thumb is that contractors should be receiving a 1099-Misc.

Question: I have a rental property and should I consider having a bookkeeper track and record the income and expenses?

Answer: Generally, it is advisable to hire a bookkeeper to account for the income and expenses of your rental property as depreciation, improvements, and other long term assets will need to accounted for. A rental property is treated as a business and may be subject to at risk rules.

Concord Office: 1320 Willow Pass Road Ste 600, Concord CA 94520 Tel: 925-954-4441

Antioch CA | Brentwood CA | Oakley CA | Pittsburg CA | Pleasant Hill CA

Copyright (c) 2015 www.taxpreparerantiochca.com All rights reserved.