15760 Ventura Blvd, Suite 610 Encino, CA 91436
15760 Ventura Blvd, Suite 610 Encino, CA 91436
Personal, Affordable Payroll Services, Bookkeeping, and Tax Processing for Small Business throughout Los Angeles County.

What an Accounting Firm Can Do for Your Business

Accounting firms in Los Angeles perform a number of useful tasks for individuals and businesses alike. Companies and businesses especially can profit from having a designated professional accountant to handle their financial matters. Smaller businesses can profit from outsourcing to a firm for their accounting needs rather than having a full-time accountant on staff. Using an accounting firm saves money in the long run and ensures that your business always has access to top quality accounting services. Here are some of the tasks a business accounting firm can perform for you.

Payroll Service

Payroll is one of the most important and complicated accounting issues that will probably come up at your business, and it is even more essential that it be done promptly and efficiently because it must be dealt with multiple times each month. The payroll process includes computing taxes and deductions for each member of the staff, as well as issuing checks or completing direct deposit on time. There are also additional payroll tasks related to W-2 and other tax forms. All of these need to be completed in a timely manner, and also checked several time to insure that they are free of mistakes.

Tax Planning

Depending on the size of your business, tax planning may be a year-round activity. Planning for tax season involves getting all accounts in order and figuring out which business forms need to be completed. An accounting firm can provide additional help by alerting you to tax deductions that you may not have been aware of. 

Budgeting and Money Management

Properly managing money is another important service performed by accounting firms in Los Angeles. A professional accountant can keep your records in order on a day-to-day basis, as well as preparing reports and other items for year end taxes. They can also perform small but vital services such as data entry into QuickBooks or another accounting software.

If you are in need of any of these services, contact one of the many trusted accounting firms in Los Angeles today.