It is very important to understand that accounting is the true language of business. Without understanding the importance of it, informed business decisions can’t be made. So much can be determined through accurate recording of data and running the necessary reports, such as which products are selling the best, which service is making the most money, how much needs to be paid in taxes and the list goes on. Most business owners are too busy working in their businesses that they don’t have time to handle the accounting piece too.
Depending on the size of your business, the receipts can fill up those envelopes, shoe-boxes, file folders or whatever you may be using to store them in in record time! Before you know it, you have a ridiculous amount of receipts to add up and no time to do it. So, you push them all aside and put it off until that rainy day comes that will give you more time in the office. Owning your business, you have less problems with billing your clients and collecting what they owe. The problem then is, how on earth do you know what money in the bank you have to spend before you are totally operating in the red?
It is during tax season that you will find TSL buzzing. It’s a time for celebration as we get to see so many old friends that we only see once or twice a year. That is when our clients drop by to drop off their taxes and when they come back to pick them up. Over 80% of our tax prep business is referral and we cherish that so much. Not only do we do personal taxes, we also do all business returns: Schedule C, Partnership, C-Corp, and S-Corp. Our prices are far below our national competitors which helps bring new clients in each year.
If you are in need of payroll services, TSL can help! Whether you want us to just set you up to run your own payroll while we oversee your tax reporting and filings, or you are wanting us to do your payroll for you… We can do that!