Financial Reporting

Bookkeeping Services

Success starts when you take charge of your books.

As a business owner, you have to wear a lot of different hats, and some of them fit better than others. Many entrepreneurs find themselves struggling with their bookkeeping responsibilities. They don’t have the time, or the knowledge, or they simply don’t enjoy it. At Premier Tax & Finance, Inc., our bookkeeping services make it possible for you to spend your time where it’s best spent – on your areas of expertise and interest. We have experience in serving a wide range of industries and business models, including restaurant, health care, real estate, entertainment, and insurance.

Our process is all about you and your business, so we don’t take a cookie cutter approach. Instead, we start with a conversation, speaking to you one-on-one on to make sure we know which tasks you want us to work on. Some of our clients ask us to assume all of their bookkeeping responsibilities, while others just need help with a few of the more complex and time-consuming tasks. Whichever route you choose, rest assured that outsourcing these services to our professional team will provide you with high quality, meticulous bookkeeping services for far less than the cost of hiring an in-house professional.

At Premier Tax & Finance, Inc., our goal is to help you meet your goals, both short and long term. We know that competent, consistent bookkeeping is the key to a business’ success. Having accurate and professionally-prepared financial documents enhances your understanding of the health of your business and guides your decisions. They can provide creditors and banks with the information that they need to help your business grow. Our services are customized to your specific needs, and can include any or all of the following, and more:

• Bank and credit card reconciliation
• Data entry
• Sales tax returns
• Property tax statements
• 1099 service
• Accounts receivables and payable management
• Profit and loss statements
• Balance sheets
• Aging and vendor reports

Quickbooks Services

Premier Tax & Finance, Inc. has a deep understanding of QuickBooks and how it can improve efficiency and accuracy, and has used it to help countless businesses.
When it comes to accounting software for small and mid-sized businesses, QuickBooks is considered the most popular and easiest to understand. The software enables easy tracking of sales and expenses, can create invoices, pay vendors and generally gives you the ability to do all of the bookkeeping and financial management of your organization from one streamlined application.

More importantly, a QuickBooks system can be put into place for your business quickly and easily in a way that will have an immediate positive impact on your profitability, and we can help you with the implementation.

One of the advantages of QuickBooks is that it can easily be customized to your particular business needs, and we are proud to be a Certified QuickBooks ProAdvisor.

The advantage of using QuickBooks Services implemented by our staff at Premier Tax and Finance is that it is designed with your specific business in mind. We take a consultative approach, diving deep into what makes your company unique and how it does its business and then creating the system to work within your operation. We will look at every nuance of your business, from the everyday tasks to the long-term financial objectives and then set up a personalized QuickBooks system that is customized to fit your needs.

You will find that the program not only saves time, but also improves the quality of your financial reporting. QuickBooks offers a number of highly valuable features for small and mid-sized companies, including the ability to send out invoices, scan receipts, track sales revenues and organize your expenses in a way that allows you to stay informed easily.

Perhaps most importantly, QuickBooks will eliminate the kind of costly mistakes and delays that plague so many businesses, both on a day-to-day basis and when it comes time to prepare your taxes. The program synchronizes tasks across multiple devices and platforms, enabling for greater efficiency, accuracy and accessibility.

We provide:

• QuickBooks set up that can save you hours of trying to figure out the initial installation for yourself.

• QuickBooks training that helps you and your employees operate all of the program’s functions and take advantage of all of its benefits.

• QuickAnswers for you. We are just a phone call or email away, ready to save you time and answer all of your questions in a friendly and supportive manner.

Small Business Accounting

If you are struggling with keeping up with the bookkeeping tasks for your business, you need to hire a professional. If you cannot afford the services of a full-time accountant but would enjoy the expertise that comes along with one, Premier Tax & Finance, Inc. can help.

For start-up businesses, growing businesses and mature corporations, we provide business accounting for your businesses. With timely services and a thorough understanding of the tax laws and regulations, our accounting firm can help you to stay on top of all of the tax deadlines and ensure that your financial systems are in order. Our accountants can handle all bookkeeping and accounting tasks from payroll to preparation of your financial statements.

Here are the small business accounting services that we offer:

• Profit and Loss Statements

• Trial Balances

• Balance Sheets

• General Ledger Reports

• Bank Reconciliations

• Payroll Reconciliations

Budget Management and Advice

If you want your company to grow, budgeting is extremely important. Premier Tax & Finance, Inc. can help you to more effectively manage your money by creating a budget that will show you where expenses that add money is being wasted and where it can be improved. Our sound financial advice will help you to effectively plan for the future of your business.

Payroll Services

Managing payroll may not seem like a critical task until something goes wrong. It can be time-consuming, but, more importantly, it requires a good knowledge of the tax laws and deposit rules.
As a small business, it can be challenging to keep up with all of these tasks. In addition to paychecks, a professional payroll service can help generate the payroll forms that you require, file your payroll tax returns and more in order to help you keep your business running smoothly.

Comprehensive Payroll Solutions

At Premier Tax & Finance, Inc., our payroll services are designed to provide you with a comprehensive solution for managing your payroll duties. With our services, you will only need to provide your employee data, such as the hours that have been worked, employee address information and other related details. Once we receive the data, we’ll handle the rest.

Here are the payroll services that we offer:

• Checks or Direct Deposit for Your Employees

• Federal Tax Liabilities Paid

• State & Local Tax Liabilities Paid

• Unemployment Tax Liabilities Paid

• Quarterly Tax Forms Filed

• Year-End Tax Forms Filed

• Customized Payroll Reports

• Tax Deposit Services

• W-2s and 1099s

Assistance with Government Loan Programs

We can help secure government assistance loans or grants for the feds and state of California such as the Paycheck Protection Program (PPP) or Economic Disaster Loan Program (EIDL).

We have assisted many businesses, clients, and non-clients obtain COVID-19 related funding, then also helped to get some of those loans forgiven.