what can asba do for me?

It's much easier to track income & expenses as they happen than it is to wait until year-end and employ best-guess efforts. You only file taxes once a year but you run your business daily. Regular bookkeeping ensures your financial records are accurate and up-to-date allowing you to make smart business decisions in real time. Sure, your mom/sister/friend could help code QBO transactions & reconcile accounts but are they qualified to produce financials? Do they know why that income doubled up? What do you do about uncashed payroll checks? Sales tax - huh? Do they know how to respond to IRS notices? Will they support you in audit?

Like you tell your clients, it's best to let a professional do the work even if it costs a bit more. Remember, you get what you pay for.

If you don't have a QBO file, we set that up for you (at a steeply discounted rate) then we pull in your business transactions from checking, savings and credit accounts (yes, we will require electronic access. No, we can't actually touch your money.) ASBA utilizes an industry-specific standard chart of accounts and properly categorizes your money-in & money-out with a clear understanding of allowable tax deductions to produce Profit & Loss and Balance Sheet statements (financials). These reports are crucial for loans, asset purchases and tax prep.

Instead of checking the health of your business at year-end just to get taxes paid, ASBA works alongside you weekly, monthly, and quarterly to assess your company's vitals. We use this information to advise ways to save money & reduce tax liability while expanding your income potential.

Note: ASBA does not allow any 3rd party software integration with QBO accounts. Instead, we pull the necessary AR/AP info from your field software and journal it onto your books. If you already have integrations within your QBO file and want them to remain, we probably won't be a good fit for your business. Rarely, if ever, do these integrations work as promised (QBO changes too quickly for anyone to keep up) and simply cause too much additional work for us to service your account.

Our tax advisory services help you minimize your tax liability and take advantage of tax-saving opportunities. We have extensive experience working with businesses of all sizes and industries.

Once your year-end financials are complete, you can file taxes yourself, work with our trusted advisors or we are happy to work with your 'tax guy'. The books are the same regardless who is filing the return.

Our financial planning services help you plan for your future and achieve your financial goals. We work with local experts who take a vested interest in you and your business to help your money do more.

We work with estate & trust lawyers who understand the ins and outs of all of this. We are happy to make an introduction on your behalf.