How Can a Tax, Bookkeeping and Accounting Service Help Your Business?

By November 14, 2019 No Comments

Brandon FL Accounting, Tax and Bookkeeping Service Provider Shares How Can They Help Businesses

If you’re a business owner in Brandon, Tampa, Valrico, Lithia or Riverview Florida, there’s a good chance that you’re extremely busy with the daily demands of managing your own business. You might not have time to be tracking the financial metrics of your business or staying on top of calculations that look at your profitability. If that’s the case, then it may be time to seek outside bookkeeping, accounting and tax services

There are a number of different options, but a small business service that offers a combination of tax, accounting, bookkeeping, and IRS audit representation, when needed, is ideal. 

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These are some of the ways a service like this can benefit your business:


1. They can help you understand the health of your business

Whether you are struggling with your bookkeeping or have good processes in place that ensure that your business is up-to-date, you probably still have some difficulty understanding the bigger picture. A bookkeeping service will help you record and track all the numbers, while an accountant works as a translator, translating the data into easy-to-understand figures that you can use to plan and budget for the future of your business. Using a service that offers both bookkeeping and accounting will make the process smoother as they have a consistent way of doing things and the information is more readily available. 

2. They can assist with improving practices

Your accountant can review policies and practices related to your bookkeeping and taxes, and they can help you make changes to them to improve the efficiency of your processes. They offer the benefit of years of experience as well as being a neutral, outside observer giving you a different perspective of your business.

3. They may offer tax preparation and IRS audit representation

Most small businesses need help preparing their taxes. And, if selected for an IRS audit, they may also need help with representation.  A business tax preparer is able to offer IRS audit assistance if necessary. 

4. They can also help with other tasks

Once you have a good grasp of your data and have implemented and streamlined your accounting processes your accountant can help with determining the profitability of your business. From there they are able to analyze your financial statements and make suggestions.  Another area where they can assist you is with bookkeeping services so that you don’t need to hire an additional employee.

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Accurate Tax & Bookkeeping Services, LLC (ATBS) is a full-service tax, accounting and consulting firm located in Brandon, FL. They offer their services and considerable experience to local businesses throughout the Tampa Bay area. Their areas of expertise include accounting and bookkeeping, tax preparation and planning, payroll and representation in IRS/State matters. They strive to offer an industry-leading service that prioritizes timeliness, thoroughness, and accuracy with a commitment to high-quality service.