Accounting & Bookkeeping Services

We can simplify your accounting system and allow you to concentrate on running your business and increase profits. You conduct business, record income, write checks and we do the rest!

What we'll do for you:
  • Record your bank statements
  • Reconcile credit card statements
  • Post expenses
  • Post revenues
  • Post wages and taxes to employee's records
  • Complete all Payroll Tax returns
  • Complete any Sales Tax returns
  • Calculate tax and depreciation entries
  • Create a set of books for your company:
    General Ledger, Subsidiary Ledger, Payroll Register and Trial Balance
  • Create accurate Financial Statements:
    Balance Sheets, Income Statements and Statements of Cash Flow


Payroll Services

Our firm offers a complete payroll service. This comprehensive servide includes all of the following for each pay period:
  • Payroll check written
  • Payroll and check registers
  • Tax deposit information
Quarterly & Annual Returns
  • 941 Returns
  • 940 Returns
  • State unemployment returns
  • W-2 Preparation
  • W-3 Transmittal
  • State Withholding returns

Tax Services

Whether you're a wage earner, an investor, a business owner or all three, you should be using all the tax-cutting benefits available in the tax law. We work hard to identify those benefits. Our expert staff can help you with any tax-filing situation:
  • Individuals
  • Sole Proprietorships
  • Partnerships
  • Corporations
  • Non-Profit
    • C-Corporations
    • S-Corporations
    • LLC's

Tax-Cutting checklist

Listed below are just a few of the more commonly overlooked deductions and tax strategies. Identify the ones you qualify for. Contact our office to see how we can help you save money on your tax liability.

Individual
  • Roth IRA
  • Rollover IRA
  • Child tax credit
  • Income shifting to children
  • Earned income credit
  • Education savings account
  • Education expenses
  • Bunching deductions
  • Flexible spending accounts
  • Health savings account
  • Donating appreciated assets
  • Adoption credit
Investor
  • Tax-free municipal bonds
  • Long-term capital gains and dividends
  • Rental property
  • Low-income housing credit
Business
  • Home office deduction
  • SEP Plan
  • 401(k)
  • Bonus deprecation
  • Bad debt write-off
  • Other business tax credits

327 W. Morgan Street, Suite 101B, Raleigh NC 27601 919-833-7401 office@sr-accounting.com