Bookkeeping Services

At HOU.TAX, we recognize that precise and well-organized financial records are the foundation of your enterprise. Therefore, we are dedicated to providing comprehensive bookkeeping solutions meticulously tailored to cater to your distinct needs, leveraging the use of QuickBooks Online.  Entrust us with your accounts, so you can concentrate on your core competency – escalating your business!

Our Core Bookkeeping Services Include:

• Initial QuickBooks Setup and Chart of Accounts:  We will ensure a seamless setup of your QuickBooks system, including devising a bespoke chart of accounts that corresponds with your business configuration and industry specifications.

• Categorization of Income and Expenses:  We methodically categorize your revenues and expenditures, facilitating accurate monitoring and analysis. This clarity in your financial standing empowers enhanced decision-making.

• Bank & Credit Card Reconciliations:  Our proficient team will harmonize your bank and credit card statements with your QuickBooks records, pinpointing any inconsistencies and guaranteeing the precision of your financial data.

• Fixed Asset and Depreciation Tracking:  We manage the recording and monitoring of fixed assets, along with the pertinent depreciation calculations. This adherence to accounting norms furnishes a comprehensive synopsis of your asset value.

• Payroll Entries:  We facilitate payroll entries, ensuring the precise documentation of employee remuneration, benefits, and taxes. This optimizes your payroll workflow and eases reporting obligations.

• Journal Entries:  Our team oversees journal entries, guaranteeing that all fiscal transactions are precisely documented and systematized. This safeguards the integrity of your financial declarations and furnishes an audit trail of your business undertakings.

• POS (Point Of Sale) & Online Sales Platform Interface and Reconciliations:  If you manage a retail or online establishment, we can amalgamate your point-of-sale system or online sales platform with QuickBooks. This optimizes the documentation and reconciliation of sales transactions, conserving your time and energy.

• Monthly and Annual Financial Statements:  We generate monthly and annual financial statements, encompassing profit and loss, balance sheet, and cash flow statements.  These documents offer an accurate depiction of your enterprise's financial performance and facilitate strategic decision-making.

Additional Add-On Services:

• Historical Books "Clean Up" and Delinquent Books Updates: If your bookkeeping is overdue or necessitates rectification of historical records, our adept team can assist.  We will ensure your accounts are current and precise, reinstating your compliance.

• Year-end Contractor 1099s:  We manage the preparation and submission of year-end contractor 1099 forms, conserving your time and guaranteeing adherence to tax regulations.

• Payroll Setup through Third-Party Payroll Vendors:  If you opt to subcontract your payroll procedures, we can facilitate the configuration of payroll through esteemed third-party vendors.  This streamlines your payroll functions and guarantees accurate and timely payroll reporting.

• Analysis of Tax Entity Selection:  The proper selection of your business's tax entity structure is important.  We offer an analysis of your alternatives, inclusive of the potential advantages of an S Corporation election. This empowers you to make well-informed decisions that can optimize your tax status.

• Entity Registration, Tax ID, Form 2553 S Corp Election:  We facilitate entity registration, acquisition of tax identification numbers, and the submission of requisite documentation for S Corporation elections.  This simplifies the procedure and guarantees adherence to legal and regulatory mandates.

• Financial Statement Analysis and Recommendations:  Our seasoned team of CPA’s will scrutinize your financial statements and offer pragmatic recommendations to bolster your enterprise's financial performance.  We will collaborate with you to pinpoint growth prospects, cost-reduction opportunities, and strategies to augment profitability and reduce taxes.

PRICING:

After a consultation, we will provide you with a quote for monthly services and any add-on services you might need. Monthly bookkeeping services start at $300/month and do not include QBO subscription fees. Clean-up work is performed on an hourly basis at $90/hour.

At HOU.TAX, we combine our expertise in tax and bookkeeping services to provide you with comprehensive financial solutions. Trust us to keep your books in order while you focus on running your business with confidence.