Smithtown and Charleston CPA Firm’s Small Business Accounting Services
As a small business owner you are busy running your business, serving your customers, and generating revenue. At Ross & Company, CPA we understand and support this process. That’s why helping small businesses with general accounting needs is one of our specialties. Our Smithtown and Charleston CPAs will help you measure account accuracy to better manage and analyze growing financials.
We’re Dedicated to Our Small Business Clients
We specialize in providing accounting help to businesses in the service industry, such as insurance brokers and agents, real estate entities, and many others. We organize and plan accounting systems for new business formations and startups. Entreprenuers appreciate the ease of starting a new business when our CPAs facilitate an organized accounting system.
Tax Accounting Strategies for Smithtown and Charleston Area Businesses
Our experience with business tax services allows small business clients to proactively integrate tax planning strategies and make updates as needed throughout the year. The small business tax accounting process aims to limit liabilities and avoid potential penalties. Ross & Company effectively prepares accounting documents for tax preparation with a special interest in preparing partnership and S Corporation returns, which are processed through personal taxes.
At Ross & Company, CPA our focus is on you—getting to know you, your business, and your industry. We believe wholeheartedly that open and frequent communication allows us to serve you in the best way possible. Our clients also benefit from our secure online portals, which are used to upload and review data in a timely and efficient manner.
How Can We Help Your Business?
The experts at Ross & Company, CPA take care of your accounting so you can do what you do best—run your business and serve your customers. There are many ways we can help your small business get a handle on its finances:
- We’ll help you get financially organized. From reconciling your bank account to cleaning-up your general ledger, we provide monthly and quarterly services that are sure to keep your finances in order.
- Your business will be ready for tax preparation, and we’ll be here to answer any questions you may have about your tax return or tax filing along the way.
- We’ll help you better manage cash flow by assisting with the reporting and analysis of your earnings.
- You’ll have access to unlimited consultations. We pride ourselves on being available to our clients and lending them our expertise when they need it.
We offer a full spectrum of financial services to our small business clients, and are proud to support them in all of their general accounting needs.
Contact Us Today
For decades, Ross & Company CPA has been one of the area’s most trusted accounting firms. Let us show you how we can help your company with small business accounting services in Smithtown and Charleston—so you can focus on what you do best. Contact our CPA firm today.
Each month or quarter Ross & Company offer the following services:
Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.
Having us reconcile your account each month allows you to...
An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.
An income statement allows you to...
A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.
A balance sheet helps you:
Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.
Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.
We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.