Businesses constantly search for ways to streamline processes and cut costs. Every business charges money for a product or service. This means they must also pay employees, report revenue, track expenses, and pay taxes. All of these tasks require expertise and time, which is why outsourcing them as a package makes sense. Fortunately, Edgewater CPA Group offers business bundling for accounting, tax, and payroll services (and more).
Smaller businesses often come with owners who wear all the hats. This means the owner started the business, performs the sales, and manages operations, including finances. However, most business owners wish they could focus on business strategy and growth, not accounting and administration. For these owners, using a CPA firm that provides bookkeeping and accounting services makes sense.
Using a CPA firm for your bookkeeping and accounting needs provides peace of mind. Basically, you can be confident your books are in order, which is essential to your business operations. In other words, you’re free to focus on the aspects of your business that align with your strengths and passion.
We encourage all business owners to utilize a professional CPA for tax preparation (and business tax strategy). Tax laws change fairly regularly, and this is an area where you shouldn’t cut corners. Professional tax services help avoid audits, ensure every deduction and credit available to you, and keep you compliant. Moreover, a solid business strategy positions you to operate and scale most effectively.
Accounting and tax services really go hand in hand, which is why it makes sense to bundle them. At the same time, it makes sense to include payroll because they all overlap. For example, payroll comprises a piece of overhead expenses, which you must record in your accounting. Further, payroll taxes overlap with tax preparation. For this reason, bundling accounting, tax, and payroll services is the way to go.
Why use yet another third-party provider when you can bundle multiple services together? Choosing the right third-party professional service saves you money and makes you more efficient. Many payroll providers exist, and some offer multiple services. As a business owner, it’s in your best interest to review all your vendors, outsourcing opportunities, and determine what makes the most business sense. Combining payroll services with professional accounting services works for many business owners.
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Being a business owner is hard. At Edgewater, we believe Fishers, Carmel, and Indianapolis business owners have enough on their plates. Therefore, we hope to alleviate some of your headaches by managing or supporting your accounting, tax, payroll, and other financial services. If you’d like to see how we can reduce your stress and identify opportunities unique to your business needs, schedule a consultation. You can also reach us by phone at (888) 317-4835.