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Montgomery, Alabama - Accounting & Bookkeeping Services search results Premier Listings

 
Important Accounting and Bookkeeping Terms

The bottom line for any businesses is measured in dollars and cents. That's why it's so important for businesses to make certain that the accountants and bookkeeping services they utilize for everything from payroll services to tax preparation and other financial services. Accountants and bookkeeping professional are trusted with a huge amount of responsibility for keeping a firm's financial records in good shape. But evaluating certified public accountants, or CPAs, can be very difficult if you don't understand what they're talking about. Here are some commonly used accounting terms that anyone in business should be familiar with.

  • Balance Sheet - Also know as a Statement of Financial Condition. This report is prepared by a CPA and is used when companies are preparing to buy other companies or properties.
  • Due Diligence - This is a fancy term for doing your homework. Due diligence is nothing more than the process of going over a company's financial records with a fine tooth comb before purchasing or doing business with that company. This is where well prepared balance sheets and tax records are a real asset.
  • Income Tax Preparation - Most businesses turn to a CPA when preparing to file income tax returns with the IRS. While most CPAs are qualified to perform this service, finding one that specializes in tax preparation is usually a worthwhile venture.
  • Payroll Services - For many smaller companies, the amount of work involved with cutting paychecks is more than they can handle. Most bookkeeping firms can handle payroll services for a fairly modest price.
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    American Accounting Association
    If you provide certified accounting services and bookkeeping to clients, you should consider joining our association. Get more recognition by becoming a part of the largest accounting association in the country,.
     
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    402 E South Blvd, Montgomery, AL 36105
    You can call (334) 649-6871 for petroleum or financial solutions with our oil company in Montgomery, AL.
    (334) 649-6871
    Galloway C Ricky P A
    4958 Valleydale Rd, Birmingham, AL 35242
    We specialize in bookkeeping and tax preparation. In addition we'll also help you record your taxes, business expenses and more so that you always have documentation of all your important files.
    (205) 981-3383
    David H. Knopf, P.C.
    6416 Bradley Park Drive, Suite C, Columbus, GA 31904
    Contact our CPA firm today at (762) 821-0664 in Columbus, GA, for more details on our reliable accounting services.Contact our CPA firm today at (762) 821-0664 in Columbus, GA, for more details on our
    (762) 821-0664
    Rock Water Accounting
    2143 Madison Ave, Montgomery, AL 36107
    (334) 239-9943
    American Tax Services
    1718 Mount Meigs Rd, Montgomery, AL 36107
    (334) 265-9722
    Tax Service Bess
    1735 Upper Wetumpka Rd, Montgomery, AL 36107
    (334) 356-6306
    Colbert Ball Tax Service
    1868 Mount Meigs Rd, Montgomery, AL 36107
    (334) 649-1577
    George Lynch Acct
    200 Commerce St, Montgomery, AL 36104
    (334) 834-7660
    Hollon & Burbank CPA
    4144 Carmichael Rd, Montgomery, AL 36106
    (334) 356-6252
    Bern Buttler Capilouto & Massey PC
    4137 Carmichael Rd Ste 200, Montgomery, AL 36106
    (334) 244-4100
    Collectible Imports
    2025 E 4th St, Montgomery, AL 36106
    (334) 834-4045
    Fred Johnson Inc
    4131 Carmichael Rd, Montgomery, AL 36106
    (334) 215-8295
    Zelda Road Tax & Business Service
    3019 Zelda Rd, Montgomery, AL 36106
    (334) 271-5110
    Phenix Tax Solutions
    1101 Adams Ave, Montgomery, AL 36104
    (334) 293-9910
    Montgomery County of
    100 S Lawrence St, Montgomery, AL 36104
    (334) 293-6448


    Bookkeeping and accounting services include tax preparations for businesses and individuals, balancing a company's books, sorting payroll, and organizing the necessary paperwork for an audit. Financial planning is important for both individuals and private companies. Many companies outsource their accounting services. Tax prep is stressful for everyone. Trying to manage money can be just as stressful. Professional CPAs are available to help make the process easier. During tax season, those that choose to e-file can still hire an accountant to make sure everything is done properly. The IRS has some answers on their website, but when filing taxes, it's important to thoroughly understand what the IRS is looking for. A CPA is educated to know all the terms and laws associated with taxes. Hiring a secretary can be a good way to start organizing the office and start managing the finances. They can understand the balance sheet to see what expenses are being paid. There are online bookkeepers available that work from their home office while sending electronic reports, statements, and other necessary paperwork over the Internet. Sometimes online bookkeeping and accounting services are cheaper since the person does not have to leave their home office to complete the work. To find more information on bookkeeping and accounting services for a business or individual, it's important to speak with several CPAs to determine who has better credentials and fits within a budget. Some may have more experience with financial planning, while others prefer looking at incomes and financial records to help clients get the most refund back when filing taxes.
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