We can guide you in taking care of the routine recordkeeping tasks yourself, if you have the time. But if you don't, you may want to consider hiring a professional to track the income and expenses during the year.
With our services specifically for home-based businesses, you get a knowledgeable professional. Someone on your team, looking out for your best interest.
Our services cover many areas, including:
- Assistance in budgeting, and record keeping.
- Tracking accounts payable and receivable.
- Helping the business owner understand the different types of business expenses including direct expenses, capital expenses and home-related expenses.
- Self-employment tax and estimated tax issues.
- Handling day-to-day financial transactions such as home repairs, routine maintenance, and emergency medical expenses.
- Planning retirement account distributions and safeguard against improper disbursements.
- Organizing and reviewing personal, financial, and legal documents to determine what needs to be addressed.
- Preparing an inventory of personal assets and investments.
- Identifying and planning their retirement income, needs, and goals.
- Determining current and long-term cash flow needs by analyzing income and expenses.
- Addressing questions about lifestyle, Social Security, pensions, Medicare, and long-term insurance.
- Monitoring investment portfolio and other assets in conjunction with their investment advisor.
- Preparing, planning and filing income, trust, gift and estate tax.
- Providing referrals to local services and agencies.
- Arranging proper level of care, transportation, and caregiver assessment.
