When it comes to paying employees, laws and the IRS have made the payroll function a time consuming nightmare for the small business owner. Small business owners spend an average of eight hours a month performing payroll functions. That's 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.
At Edwards Payroll & Tax, we offer customized payroll solutions that meet your business's needs which ultimately provide ease of mind. This important management element enables company leadership to concentrate on on the growth, future and of business
Personal & Business Tax Preparation
Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government's General Accounting Office, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Whether we like it or not, today's tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there's no substitute for the assistance of an experienced tax professional.
Staying organized is essential to accurate reporting and business practices. Maintaining proper finances are a key eliment to running a successful business. With this goal at hand, thorough bookkeeping is an important first step toward outlining financial goals and determining the health of your business.
At Edwards Payroll & Tax we can provide monthly, quarterly, and weekly company write-ups and financials. Additionally we can even provide complete financial statements and handle your bank reconciliations. Our services provide a one stop shop for billing, and account payables & receivables.
Thinking of owning your own business? Opening your own business is exciting and thrilling. It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch out the "thrill and excitement" period forever.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.