Bookkeeping for Business Central Oregon Community College

If you want to save money and avoid the stress and hassle of bookkeeping, contact us for a free consultation to discuss your bookkeeping needs. Understanding what business expenses you can deduct and using technology to track them will help to ensure you don’t pay more than you owe. If you hire independent contractors, keep track of your payments to them, as you’ll be required to file a 1099 form for each contractor at the end of the year. Revenues and expenses are recognized when the transaction occurs (even if the cash hasn’t been paid or received yet), so it requires tracking accounts receivable and accounts payable. Accounting is the high-level process that provides an overview of your business progress and makes sense of the data compiled in your bookkeeping.

• This account acts as an intermediary between the payment system and your bank account to withdraw and deposit funds.
• Our rates are competitive and with our office located between Bend, Redmond and Sisters, we are easily accessible to all areas in Central Oregon.
• And if you choose a card with benefits, you can earn cash-back rebates or travel points with your purchases.
• We want to partner with you in a long-term relationship that is committed to supporting and growing your business.
• Our uniquely skilled team allows a full suite of accounting and financial modeling services.
• Our financial professionals will handle your entire tax portfolio, including business and personal accounts.
• Not only does this make life easier come tax time, but it also protects your personal assets in the case of bankruptcy, lawsuits, or audits.

Oregon SBDC services are extended to the public on a nondiscriminatory basis. Language services are available for limited English proficient individuals. If you accept both, consider getting a mobile credit card reader like Square. This is great for businesses that don’t expect to process a high volume of in-person purchases daily.

Peace of Mind for busy business owners looking for help with their Portland Bookkeeping and Accounting needs.

We provide income tax, accounting and bookkeeping services to individuals, small businesses and corporate clients, payroll services, and financial and retirement planning. Our services are tailored to the unique needs of each client. We work as part of your team, understanding your needs and what matters to you. Drive Accounting is a group of Tigard accountants who bring a sophisticated, layered business structure and unmatched technological acumen to the art and science of bookkeeping. Our clients benefit from precision and consistency in all aspects of full charge bookkeeping, financials cleanup and maintenance, training and consulting. Our process is grounded in business and accounting fundamentals, leadership oversight and accurate, timely reporting.

Operating your business from your home helps keep overhead low and allows you to qualify for more tax deductions. The IRS allows you to deduct the portion of your home that’s used for business, as well as your internet and cell phone service, and transportation to and from work https://accounting-services.net/ sites. You have a bookkeeper, but aren’t 100% confident that you’re getting the financials you need. Connect with us to schedule a free initial review of your accounting and bookkeeping systems. Learn more about our detailed services and how they can help you to success.

Working with Vector Bookkeeping

Find out more about how we utilize technology to save you time and money while providing you the best tools in the industry to run your business. Proper planning can help you save money and reduce liabilities. Sure, we make swift work of your most pressing accounting needs. But what really sets us apart is how you’ll feel working with us. Find partners that will save you money on everything from financial planning to staff training. TenKey Management & Bookkeeping Services can provide the accounting support your business needs. From Bookkeeping to Controller and Management Services, TenKey has you covered.

We prepare your books, specializing in tax focused, cloud based accounting and then provide you with monthly reports so you can make informed financial decisions. When the books are done for the year we will Bookkeeping Oregon prepare your taxes with no surprises when it’s time to file. Most professional tax preparers require a company’s financial records to be organized and processed in order to complete year end tax reporting.

Innocenti Tax Blog

We recognize that accurate, reliable bookkeeping is critical to a successful business. You rely on the proper completion of accounting tasks – your business depends on it.