Top 5 Most Popular Accounting Services for Maryland Businesses
At CFO Source we take accounting services very seriously, it’s what we are great at and what we love doing. We provide Maryland businesses with many services that help them manage their time, money, and growth. We pay attention to the small details of their businesses so that they don’t have to, and so they can focus on success. We’ve taken the time to compile a list of the top 5 accounting services that Maryland businesses use and what you need to know about them.
1. Tax Planning and Preparation
Topping our list is our Maryland tax planning and preparation. Maryland taxes for businesses are difficult to plan and prep and are also very time consuming. We take the worry out of tax time by planning ahead with your business so that all the correct documentation is collected all year long, and we advise on deductions and ensure compliance with the IRS. When April does roll around, we’ll be there ready to prepare your tax return on time, accurately, and we’ll handle any communication with the IRS for you.
2. Payroll Services
We offer payroll services to hundreds of businesses in the Maryland area, including Baltimore, Columbia, Ellicott City, and Towson, to name a few. Our streamlined approach makes payroll simple and easy for your business. We handle the steps necessary to process payroll and we set your business up with the tools it needs to accurately and easily prepare your payroll information week to week.
Many Maryland businesses make the common mistake of letting their business run them instead of them running their business. CFO Source streamlines bookkeeping so that companies can focus on their services and products. Some of the common bookkeeping services we offer include:
- Accounts Receivable
- Bank Reconciliations
- Asset Management
- Cash Flow Forecasts
- Cash Management
- Profit & Loss Statements
4. Financial Guidance
Whether you’re just starting out or are a well established business, you shouldn’t be afraid to get advice on how to manage your company’s valuable assets. There is a very strong correlation between knowing you numbers and succeeding in your industry. We help with difficult decision making, document review, and loan and lease agreements, to mention just a few. We’ll make those tough financial decisions easy on you, so you can focus on what you do best.
If your business isn’t already using Quickbooks then what are you waiting for? Quickbooks is what Maryland businesses use to manage accurate and precise records for their companies. We make Quickbooks installation and set up easy; we also train your staff on how to use it. If you already have Quickbooks, we can perform a clean up and also a refresher course for your accounting team!
If you feel as though any of these top 5 services are something that your business is lacking or needs help with, you can count on CFO Source to deliver successful results, it’s what we do. Contact us today to ask questions or to get started on the road to a streamlined business model.