Expert Accounting Services
Bookkeeping Services
The Accounting Nook offers bookkeeping services for numerous industries and organizations, including small businesses, churches, and ministries. We provide professional bookkeeping services to ensure your financial records are accurate and up-to-date. We will ensure transactions are properly classified and bank statements are fully reconciled.
Tax Preparation
With the complications of the ever changing tax code combined with the stress of having to prepare returns accurately and on time, over 75% of individuals and entities rely on professionals to complete their returns for them. Struggling with tax preparation for your business or personal finances can be a nightmare, but we’re here to help with all your needs. Our team of experts specializes in corporate and individual tax preparation, as well as preparation for exempt organizations. We are committed to taking the stress off your shoulders and ensuring that your taxes are done right. We offer the following tax related services:
- Preparation of individual tax returns Form 1040
- Preparation of corporate tax returns Forms 1120 & 1120S
- Preparation of Partnership tax returns Form 1065
- Preparation of exempt organization tax returns Form 990
- IRS Representation (tax audits, installment agreements, & offers in compromise)
New Business Set-Up
Setting up accounting software for a new small business can be challenging. The Accounting Nook is a Quickbooks Advanced Online Certified ProAdviser. We can set up your new business and provide training for day-to-day operations using the Quickbooks online.
Compilations
Banks, and regulatory and accountability boards, sometimes requires certain entities to have a compilation or review of their financial statements. Both compilations and reviews are the process of an “outsider” CPA gathering the financial information and producing financial statements. A compilation requires less time to complete and is less costly than having a CPA perform an audit of financial statements.
- A review of the most active general ledger accounts which could be Cash, Accounts Receivables, Inventory, Fixed Assets, Investments, Liabilities, Commitments and potential contingencies, and Profit and Loss accounts
- A ratio analysis that could compare historical and industry numbers
- Review material journal entries
- Review complex or unusual transactions that could have a significant effect on the financials
- Investigate transactions or amounts that seem to be inconsistent
- Review amounts, ratios and other compliant requirements
Business Consulting
Our business consulting services help you improve your business operations and increase profitability. We offer customized solutions tailored to your specific business needs.
