Accounting Done For You

Don’t Waste Your Valuable Time on Bookkeeping and Finances… Give Yourself Time to Do What You Do Best – Go Out and Get More Clients!

Most small business owners waste valuable time attempting to manage finances and keep up the bookkeeping end of their business when the time could be far better spent focusing on the service or the clients your business specialize in.

The successful small business owner knows to spend more time on work means generating more profit. Leave the tedious, time-consuming job of bookkeeping and accounting to the professionals!

Monthly or quarterly, depending on the size of your business and your specific needs, we will take care of the following accounting and bookkeeping services, which benefit your business in the following ways…

  • Bank reconciliation…
    • Identify lost checks, lost deposits, or unauthorized wire transfers.
    • Detect and prevent embezzlement of funds from within your business.
    • Track your business growth and manage your cash effectively.
    • Protect yourself from bank errors, fraudulent checks, and other financial crimes directed toward your business.
  • Income statements…
    • We will provide you with regular profit / loss statements that will help you track the operating costs of your business.
    • Understand what areas of your business are over / under budget and identify the specific areas that need attention to keep your business profiting.
    • Track increases in product sales or returns as a percentage of your sales.
    • Determine your current tax liability.
  • Balance sheets…
    • Gives you a snapshot of the financial health of your business at any given point of time.
    • Identify and analyze trends in receiving and payables and take prompt action to keep those trends going in a direction beneficial to your company.
    • Balance sheets, along with income statements, are the single most important elements for reporting to potential lenders and investors.
  • General ledger management
    • We can help you set up a general ledger system, or identify problems with your current ledger system, that will allow you to eliminate discrepancies and maintain accurate records for your business.
  • Unlimited consultations

We can also customize our service to you by adding…

Choose the solution that is right for your business:

It’s like having your own accounting department

When you outsource your accounting work to us, it’s like having a trusted advisor on staff. Our team handles all of your day-to-day accounting tasks so you can focus on what’s important—running your business.

We work collaboratively with you via our advanced, secure website platform to support a streamlined and highly efficient workflow. And because work is performed online, you always have real-time views of your data and financial situation. Best of all, we bundle services for a fixed monthly fee—allowing you to budget effectively and never get an unpleasant billing surprise.

Silver Bell

Includes:

Accounting

  • Monthly Bookkeeping of financial transactions
  • Monthly financial statement reports (P&L, Balance Sheet)
  • Year-end financial summary report

Advisory

  • Financial Performance Report (Quarterly)
  • Video conference profit check-up (Annually)
  • Tax Reduction Strategy Analysis (Annually)

Tax

  • Business tax return
  • Individual tax return (one owner)

IRS Audit Protection & Support

  • IRS notice correspondence (unlimited)
  • CPA or EA representation (4 hours)

Gold Bell

Includes Silver Bell plus:

Advisory

  • Financial Performance Reports (Monthly)
  • Video conference profit check-up (Quarterly)
  • Tax Reduction Strategy Analysis (Annually)
  • Financial forecast & projections analysis (Annually)

IRS Audit Protection & Support

  • IRS notice correspondence (32 hours)
  • CPA or EA representation (32 hours)

Let Us Help:

Buy Now Pay Later Pitfalls Chicago Shoppers Should Beware

Although the strain of tax season is behind us, I know we all are feeling the weight of financial strain on our daily lives.The pressure cooker of inflation, pandemic / post-pandemic, cultural upheavals, global friction, political shifts, etc. has really taken its...

When Amending a Tax Return Is Right for Chicago Taxpayers

Here we are in May. The tax deadline is in the rearview … and we’re still here for our Chicago friends. Ready to rock on your behalf. Today I’m talking about second chances.Ctrl + Z. Ever used that keyboard shortcut? It’s also known as the “undo” button – a...

Why Disability Insurance Matters – Bell Tax Accountants & Advisors’s Take

Now that the tax deadline has come (and gone - whew!), it’s time to start thinking about the rest of 2022… and future possibilities of all kinds – both good and, well, not so good. The good? There are steps Chicago taxpayers like you can take now to help lower...

How Chicago Taxpayers Can Wisely Spend A Tax Refund

By the time you read this, the tax deadline will have just passed and our Chicago tax office will be taking a long, deep breath. (Serenity now!) These days have been a whirlwind of activity for us here at Bell Tax Accountants & Advisors, and not just because of...

How Chicago Retirees Can Stretch That Retirement Fund

We hope you and your family enjoy the day! You might not feel this as much in your bones as we do here, but the tax deadline is tomorrow. This year, for reasons that at this point in our season would take way too long to explain, the tax deadline...

Bell Tax Accountants & Advisors’s Perspective on Tax Filing Extensions

Today’s issue we’re diving into tax filing extensions… and Chicago people do this for all kinds of reasons. Truthfully, extended deadlines and delays have been pretty commonplace in the tax world over the last few years. Sometimes life smacks you in the face and you...

NFT Tax Implications for Chicago Investors

While many things are dividing the world right now, it’s good to know people can still unite around shared interests… like college basketball. According to an American Gaming Association (AGA) survey, something like 45 million people planned to wager $3.1...

Tax Identity Theft Protection Tips for Chicago Taxpayers

Change is sneaky… and (often) sudden, catching the best of us off guard and forcing us to scramble for some steady ground. Just consider the war in Ukraine. We’ve all been surprised by how quickly things have escalated in the last two weeks and by the devastation...

2021 Tax Credits Chicago Taxpayers Can Bank On

Believe me, I’ve seen some of the craziest tax claims in my office over the years, but claiming captured military equipment hasn’t been one of them. Recently the Ukrainian government assured its people they wouldn’t be held liable for taxation on any Russian...

Credit Cards: A Money Management for Chicago Teens Tool

Well, before I jump into money management for teens, let’s focus on the fact that a month has gone by since the beginning of tax season. And boy has it been a veritable whirlwind of activity in the Bell Tax Accountants & Advisors office. We’ve got our arms deep in the...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

Contact Us