Outsourced accounting can help you manage financial tasks more efficiently and allow you to focus on growth and strategic initiatives while ensuring your financial processes are well-managed. It offers flexibility and cost-efficiency, making it a popular choice for startups and small businesses.
Key Benefits of Outsourced Accounting Services
· Lower Overhead Costs: Outsourcing accounting functions can reduce expenses by 30-40% compared to hiring and maintaining an in-house accounting team.
· Scalability: Easily adjust the level of service as your business grows, no need to constantly hire or train new staff.
· Access to Expertise: Work with certified professionals who specialize in various areas of accounting, tax strategy, and financial planning.
· Improved Accuracy and Compliance: Reduce risks of errors, missed deadlines, or compliance issues with IRS regulations and other tax authorities.
· Time Savings: Free up internal resources to focus on what matters most, running and growing your business.
Types of Accounting Services You Can Outsource
Here’s a list of outsourced accounting services available through our team at Accounting and Payroll Freedom:
Accounting & Bookkeeping Services
Every month, we will provide you with the following accounting services:
· Reconcile your bank account
· Generate a balance sheet
· Generate an income statement
· Organize your general ledger
· Offer continuous business consulting
Payroll Services
· Direct Deposit setup for payroll checks
· W-2 and W-3 preparation and filing
· Payroll tax compliance and e-filing
· Preparation of monthly, quarterly, and annual payroll tax reports
· Time clocks
Retirement Plans & Wealth Management
· Personalized financial advice tailored to your goals
· Strategic retirement planning
· Retirement income production strategies
· Guidance on how to save accurately for retirement
Tax Preparation & Planning
· Year-round tax strategy and compliance for businesses and individuals
· Proactive recommendations to reduce tax burdens
· Accurate tax return preparation, verified with advanced checks
· Fast electronic filing for quicker refunds
Corporate Background Checks
· Employee screening
· Drug screening
· Volunteer screening
· Tenant screening
· E-Verify
Ready to Outsource Your Accounting Services?
Looking to outsource an accountant? Visit our website at www.accountingfreedom.com to schedule a free consultation, or call us at:
Milwaukee Office (Grafton, WI): 262-375-2440
Chicago Office (Mundelein, IL): 847-949-8373