On-site Accounting

12/27/2023

Developing a clear trajectory for your business is essential for making informed financial decisions, including whether hiring a full-time CFO is financially feasible. On-Site Accounting understands the intricacies of this process and offers specialized CFO services to support your business as it scales and evolves.

Our experts can help you assess your current financial situation, chart a path for growth, and determine whether the cost of a full-time CFO aligns with your long-term objectives.

This tailored approach ensures that you have a comprehensive understanding of your business's financial needs, allowing you to make strategic choices that optimize your resources and drive sustainable success.

Call or visit our website to schedule a consult with one of our specialists!
813-765-9516
on-siteaccounting.com

12/20/2023

The three golden rules of accounting for small businesses form the foundation of sound financial management.

First and foremost is the rule of "Debits and Credits," which dictates that every financial transaction must have an equal debit and credit. This ensures that your books remain balanced and accurate.

The second rule is "Revenue Recognition," which dictates that revenue should be recognized when it's earned, not just when the cash is received. This principle is essential for tracking income and making informed business decisions.

The third rule is "Matching Expenses to Revenues," which means that expenses should be recorded in the same period as the revenue they help generate.

By adhering to these golden rules, small businesses can maintain clear and transparent financial records, enabling them to make informed decisions and maintain financial stability.

Call or visit our website to schedule a consult with one of our specialists!

813-765-9516
on-siteaccounting.com

12/13/2023

Tax season can be a daunting time for cleaning businesses, but with these four major tips, you can navigate it more smoothly!

-Getting your papers in order is crucial: Keep meticulous records of your income and expenses to ensure you're not missing out on any deductions.

-Pay your quarterly taxes and plan for the next year: By estimating your tax liability and making quarterly payments, you can avoid a hefty tax bill come April.

-Working with an accountant is invaluable: They can help you optimize your finances, identify deductions you might overlook, and ensure compliance with tax regulations.

Be cautious when making business deductions: While deductions can reduce your taxable income, make sure they are legitimate and well-documented, as the IRS closely scrutinizes such claims. Following these tips will help your cleaning business maintain financial health during tax season and beyond.

Call or visit our website to schedule a consult with one of our specialists!

813-765-9516
on-siteaccounting.com

12/06/2023

Whether your business is prepared for the ongoing expense of a full-time CFO or requires month-to-month services, On-Site Accounting offers tailored solutions to support your growth and profitability.

Our flexible approach ensures that you receive the strategic financial guidance you need, precisely when you need it. We understand that every business is unique, and our expertise enables us to provide the strategies necessary to boost your business and increase profits, regardless of your budget or timeframe.

Call or schedule an appointment to learn more about our CFO services!

813-765-9516
on-siteaccounting.com

MORE THAN JUST ACCOUNTING Client Focused Results Driven Over 20 years of experience with a full support team of accountants at your service. Read more Make an appointment Get a free first consultation Get started (813) 764-9516 On-Site Accounting: A Firm You Can Trust On-site Accounting has establis...

11/29/2023

At On-Site Accounting, our CPA experts are dedicated to helping your business thrive and maximize profits by devising the best-suited strategies.

Whether it's conducting thorough fraud and forensic investigations to protect your assets, providing CFO services to enhance financial planning and decision-making, or maintaining precise bookkeeping to keep your finances in order, we are committed to uncovering any disconnects that might hinder your profitability.

With our expertise, we will ensure that your financial strategy aligns perfectly with your business objectives, driving efficiency and ultimately boosting your bottom line.

Call or schedule an appointment today!

813-765-9516
on-siteaccounting.com

11/22/2023

On-Site Accounting simplifies the day-to-day operations of your business by taking the financial burden off your shoulders. With a diverse array of services, they handle everything behind the scenes, allowing you to concentrate on what you're truly passionate about.

Whether it's managing the intricacies of bookkeeping, ensuring tax compliance, or providing expert financial advice, their expertise ensures that your financial affairs are in capable hands.

Our services not only streamlines your business processes but also offers peace of mind, knowing that your financial foundation is solid while you pursue your true business passions.

Call or schedule an appointment to hear more about our financial services!

813-765-9516
on-siteaccounting.com

11/08/2023

For all of your accounting, business and tax needs. We are here to guide and support you. We can answer your questions and help you to grow your business.

Providing services that are specifically tailored to meet the needs of small and medium sized businesses.

Call or schedule an appointment today!

813-765-9516
on-siteaccounting.com

MORE THAN JUST ACCOUNTING Client Focused Results Driven Over 20 years of experience with a full support team of accountants at your service. Read more Make an appointment Get a free first consultation Get started (813) 764-9516 On-Site Accounting: A Firm You Can Trust On-site Accounting has establis...

11/01/2023

Every business owner needs an Employer Identification Number (EIN)—even if you don't plan on hiring employees. The IRS assigned this nine-digit number, and you use it like a Social Security number when you file business tax returns, make tax payments, or open a business bank account.

Applying for an EIN from the IRS is free and easily done online. You provide some basic information about your business, and you'll receive your EIN immediately.

For more tips, call or visit our website to schedule a consult!

813-765-9516
on-siteaccounting.com

10/25/2023

Home office expenses used to be thought of a risky thing to claim, as they might raise a red flag with the IRS.

This is because many people used to claim inflated amounts for their “home office” which in reality was just a room in their home that was only occasionally used for office-related tasks.

However, with the rise in remote and home-based working, the home office has become a standard thing among freelancers, contractors, and small business owners as well. If you regularly and exclusively use a dedicated room in your house as an office, then you might be able to claim expenses related to this legitimately.

Call to speak with one of our CPA's to learn more about deductions for your home office space!

813-765-9516
on-siteaccounting.com

10/18/2023

When it comes to running a business, there are a lot of important decisions to make. One of the most important is whether or not to hire a certified public accountant (CPA).

CPAs can provide a wide range of services to help businesses save money and operate more efficiently. Several benefits including:

- Audit Compliance
- Maximizing Tax Deductions
- Liability Protection for your Business
- Compliance with State & Federal Laws

If any one of these benefits is important to you, call us today!

813-765-9516
on-siteaccounting.com

10/11/2023

As a small business owner, it’s important to stay up to date on tax laws. Several changes to the federal tax code will affect small businesses this tax year.

Working with an accountant is a great way for you to focus on your small business while letting a CPA focus on changes to tax law, that inevitably happen annually.

Call or visit our website to schedule a consult with one of our specialists!

813-765-9516
on-siteaccounting.com

10/04/2023

Quarterly taxes aren’t actually due every three months because the first payment is due in April to coincide with the federal tax-filing deadline and the last payment is due after the end of the year.

Quarterly tax payments are due on the following dates (or on the next day after a weekend or holiday):

- April 15th
- June 15th
- September 15th
- January 15th (Of the following year)

Estimated tax payments should be made as the money is earned. If you have a lucrative third quarter, you’ll need to make sure your September estimate reflects that, rather than waiting for the fourth quarter to catch it all up.

813-765-9516
on-siteaccounting.com