OCAMPO’S ACCOUNTING SERVICES – Personal and Corporate Income Tax

OCAMPO’S ACCOUNTING SERVICES – Personal and Corporate Income Tax

personal accounting services for individuals

We are proactive, forward thinking and develop a close working relationship with all of our clients – that includes anyone looking for accounting services for individuals. We understand that your personal finances are of paramount importance to you. Payroll Reporting — We assist clients with payroll processing and the preparation of payroll tax returns and annual Forms W-2 for personal employees. Many of our high net worth clients have finance and accounting needs that require basic, yet valuable services. Rather than deal with the expense and hassle of employing full time staff members, many clients simply engage the team at Wilfred E. Bucher, CPA to provide the following personal accounting services for them at fraction of the cost.

Learn more about the estate planning services offered by Rudd and Company. Building and preserving your personal wealth requires specialized attention. You get one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.

We can also help you develop a strategy for maximizing your tax return, as well as helping with a number of common tax problems. High net worth individuals have finance and accounting needs that require basic, yet valuable services. Rather than deal with the expense and hassle of employing full time staff members, many clients simply engage us to provide the following personal accounting services for them. That’s how we’ve built our reputation as go-to personal accountants.

Trusts and executorships can be a very helpful tools in tax planning and estate planning, but they are not without their complexities. Our team will help identify which trust or executorship type will work best for your specific https://personal-accounting.org/ situation. Efficient tax planning can reduce your tax exposure, and is especially important if your personal tax picture is complex. Our experienced team of accountants can help create a personally tailored plan.

Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We Capital accounts can guide you through the complex process of getting your financial affairs in order. Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets.

Accountants are professionals who have received an accounting degree, and some have tested to become certified professional accountants (CPAs). Regardless of certification, all educated accountants should be qualified to assist businesses and individuals with bookkeeping. Due to their advanced certification, CPAs may have higher rates.

Below we have listed the services that we offer to our clients along with a brief description. Whether you need personal financial statements prepared to obtain financing for your next business venture or you simply need to outsource your trustee duties, SS&H professionals will provide you with the guidance and information you need.

This is a popular option with business owners. But, it’s a risky venture for accounting firms because unexpected bookkeeping services issues that prolong the work could easily pop up. Most tax accounting services bill by the hour.

Our full range of services spans the full range of accounting and financial management needs of most companies and individuals. We cover the day-to-day needs of a busy business such as bookkeeping and payroll to individual company annual accounts and tax returns. We also support freelancers and self-employed clients with bespoke financial services including tax advice and self-assessment tax returns. At Winston & Company, our personal accounting services are not limited to income tax returns; we can take your financial health a step further. Through careful planning and consultation, our expert staff can assist you in achieving your individual needs, both in terms of tax planning and financial management.

  • Whether you need personal financial statements prepared to obtain financing for your next business venture or you simply need to outsource your trustee duties, SS&H professionals will provide you with the guidance and information you need.
  • Your use of this website is subject to the terms and conditions governing it.
  • Face-to-face meetings and regular updates via phone and email as necessary are all part of our personal service.
  • Peltier, Gustafson & Miller, P.A.
  • Finding the right business partner for your company can be a difficult task.
  • If you’re in business for yourself, you can’t afford to go without an accounting and bookkeeping service.

Individual Accounting Services

This person may provide concierge services for your personal finances, including paying your bills, balancing your checkbook and looking over your credit card statements. A bookkeeper may or may not have special training. A bookkeeper can obtain certification from the American Institute of Professional Bookkeepers or complete online training to receive QuickBooks certification. The hourly rate for a bookkeeper depends on where you are, what services you seek and what expertise the person offers, but the fee can be as low as $20 per hour in the United States and even lower for a bookkeeper overseas (e.g., upwork.com).

Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. This site has been developed with every attempt to provide accurate information; however, users should consult with their professional advisors at Peltier, Gustafson & Miller, P.A. on specific issues, as errors can occur and applicable laws and regulations frequently change.

Learn more about the personal financial planning services offered by Rudd and Company. Payroll Reporting — We assist clients with payroll processing and the preparation of payroll tax returns and annual Forms W-2 for personal employees. Individuals are not required by law to keep financial books and records (businesses are), but not doing this can be a costly mistake from a financial and tax perspective. Your bank account and credit card statements may be wrong and you may not discover this until it’s too late to make corrections. You may forget to pay a bill and hurt your credit score.

On any given account, a junior member will do some of the simpler accounting work for a lower hourly rate while senior members or Certified Public Accountants (CPAs) will perform more complicated tasks for a higher hourly rate. For the tasks described at the beginning, a personal bookkeeper is what you’ll need. Most people do not use an accountant (only wealthy individuals can justify the cost of these tax pros).

No matter what stage of life you’re in, you’ll find a valuable financial resource in L&H CPAs and Advisors. We partner with successful individuals & families to plan for the https://personal-accounting.org/faq/ future, preserve assets, and manage wealth. Personal income tax and self-assessment for individuals is also an area we cover, with our tailored tax and income support.

Accounting costs are determined by the size of your business and your accounting needs. Some accountants charge by-the-hour for consultation services, short-term assistance sorting out bookkeeping issues, or one-time help to get new accounting software up and running.

personal accounting services for individuals