The small town of Twin Falls has a strong sense of community, and is well known for its beautiful Snake River Canyon which was formed by the Snake River. Today, residents enjoy facilities such as Shoshone Park, Downtown Twin Falls Commons, and Faulkner Planetarium among many businesses small and large with the growing population. Navigating and understanding accounting and taxes is a very stressful area, especially for smaller businesses which is why most firms require pricey fees for such services. Our Twin Falls team of attorneys and accountants will make sure that your books are accurate and put together with precision so that you will not have to worry about money being unaccounted for ever again.
It sounds simple enough to track payables and receivables and keep all of the financial documents accounted for. However, our professional bookkeepers have much more to offer than just that. We will manage payroll, handle deposits, create and maintain financial reports, navigate the ever-changing sales taxes as well as quarterly taxes and withholding. We reconcile bank statements to internal accounts and will be the ones there for you if you are ever audited by the IRS. Bookkeeping services implement a consistent financial process that will strengthen the wealth of your business and help you to create and encourage uniformity in tracking, paying, and reporting. The value of this service is immeasurable as it insulates your business from many costly and dangerous risks.
The purpose of reconciling your business bank account each month is to help us stay up to date with your taxes. This service will allow you to:
An income statement will show you your gains and losses. This will show an itemized list of all your revenue, and subtract it from an itemized list of all of your expenses. This will show us if you have an overall profit, or overall loss for the period. This will help you to determine areas you should be saving more money on, or are possibly over spending.
The general ledger is the record of sales made as well as expenses. This is the core of your company’s financial records. Every transaction will flow through your general ledger, so any mistake in the ledger can throw off your books. We will review your ledger each month to check for any discrepancies so that your books are always perfect.
We will always be available to spend time with you and consult with you on any financial matter that you might need. We can help you fully understand and interpret any of the records that you have.
Accurate record-keeping is essential to a successful business, although it can also be complicated and time consuming. Cooper Norman’s Twin Falls Bookkeeper services can help you with the organization and day-to-day tasks of bookkeeping so that you can keep your focus on your business. The secret to having an accurate monthly profit report is to have a focused team of accountants who take the time to understand the placement of your sales and expenses while ensuring that data is entered properly. We will make sure that every financial transaction is accounted for in our financial report. Here is what sets Cooper Norman apart from your typical bookkeeping providers:
At the end of each month, we will provide you with completely organized records so that you can see a breakdown of profit margin gains and losses, wages and employment taxes, costs, and an overall financial overview.
Stress about taxes can be a year long thing and not just around tax season if you are trying to handle your small businesses taxes on your own. We are here for all your tax planning needs so that you do not need to think twice about it and can be worry free when it is time to file your company’s taxes. There are so many ins and outs to what can be claimed and what cannot be claimed. With Cooper Norman, we are well versed in the tax world and will make sure that nothing slips through the cracks. You can ensure that your taxes are done with accuracy and that you will not be paying a penny more than you need to for your taxes. This will help you to avoid an audit, and in the event that you may need one, we will be right there every step of the way with all of your financial history to ensure that your audit comes back clear of any errors.
We will provide clear financial reporting so that you can be aware of where all your money is being spent. Everything from your income statements, balance sheets, and visual reports to provide the data that you need to grow your business.
We will connect you with your very own professional and dedicated bookkeeper who will get to know you and your business to deliver accurate monthly books and year end financial statements. Call your personal bookkeeper anytime for any questions or concerns you may have, anytime of the week.
No one likes missing a paycheck, and sometimes getting those ready for every single employee can be a large task. We will take this on so that you can focus on other important aspects of your company.
If you are at the point in your business where you are ready to hand off the stressful task of bookkeeping to a professional, congratulations! Cooper Norman is excited to help you in this next part of your business and are ready to dig into your finances. Give us a call or fill out our form and we will get you set up with a bookkeeper.