Services

We provide a complete solution for your monthly accounting and bookkeeping needs. Our team prepares all the work necessary to maintain your books, including data entry and account reconciliations while delivering exceptional service.

 

Accounting Services

A complete outsourced accounting solution to maintain financial records which are used for preparing and filing tax returns each year.

Financial Analysis and Reporting


Bank Reconciliation


Budgeting and Forecasting


Sales Tax Reporting


Financial Statement Preparation


Advisory and Consulting Services

Bookkeeping Services

We will track your incoming and outgoing payments, ensuring that your bills are paid on time and that your customers are paid in full.

General Accounting Ledger Management


Tracking and Recording Expenditures


Bill Payment


Inventory Control


Invoicing and Collections

Payroll processing

We will calculate your employees' wages and deductions, and we will file your payroll taxes on time.

Employee Payments


IRS and State tax reporting


Payroll Liability Reports


Employee Benefits Tracking


New Hire Reporting


Worker Compensation Audits

Tax Preparation

Gathering financial documents and organizing all relevant financial documents, such as W-2 forms, 1099 forms, receipts, invoices, bank statements, and investment statements.

Calculating Income

Claiming Deductions and Credits

Reporting Capital Gains and Losses

E-Filing or Mailing Tax Returns

Paying Taxes Owed or Receiving Refunds

Estimated Tax Payments

Financial Reporting

These financial statements are essential for assessing a company's financial health, performance, and profitability.

Income Statement (Profit and Loss Statement): It shows a company's revenues, expenses, and net income over a specific period. It starts with revenue, subtracts expenses, and calculates the net income or loss.

Balance Sheet: It provides a snapshot of a company's financial position at a specific point in time. It includes assets (what the company owns), liabilities (what the company owes), and shareholders' equity (the difference between assets and liabilities).

Cash Flow Statement: It presents the inflows and outflows of cash and cash equivalents during a specific period. It categorizes cash flows into operating activities, investing activities, and financing activities, giving insights into a company's liquidity and cash management.

 

 Interested in Bookkeeping Services? Email us at contact@insightamg.com for more information.