C. E. Thorn, CPA, PLLC has been providing small business accounting services to the Raleigh area since 1993. If you are a small business owner who is looking to outsource your accounting, our firm provides small business accounting services including, but not limited to, monthly bookkeeping, financial statements, and end-of-year tax preparation.
Why Outsource Small Business Accounting?
- Our CPA firm understands the general accounting needs of business owners.
- We understand that maintaining your business accounting can be overwhelming and may quickly lead to falling behind in your daily operations.
- The environment for small businesses is competitive, and we can assist you with your accounting needs.
Our services include:
C.E. Thorn, CPA, PLLC is proud to prepare individual tax returns for small business owners who utilize our accounting services on a monthly basis. To inquire about our accounting plans or to request more information, contact our CPA firm. To do so, call our firm at 919-420-0092 or fill out the contact form at the bottom of this page. We look forward to speaking with you soon.
FAQs Regarding Small Business Accounting in Raleigh
What accounting services are needed for a small business?
Many businesses benefit from the following small business accounting services:
- Preparation of financial statements
- Bookkeeping services
- End of year tax preparation
- Maintenance and upkeep of an income statement as well as a cash flow statement
- Payroll management
Can I do my own small business accounting?
If you have a dedicated in-house accountant who is experienced and confident with accounting and bookkeeping, you may choose to keep your small business accounting matters in-house. However, if you don’t have the time or resources to keep your books up-to-date, it pays off to work with a local CPA. The benefits of working with a Raleigh CPA can outweigh the cost of tax penalties when your business is not tax compliant or experiences an audit by the IRS.
Is an accountant worth the cost for a small business?
As small business owners ourselves, we understand that minimizing costs is at the forefront of most business owners. However, our CPA firm can identify errors on your prepared tax return and other accounting measures. When these errors are corrected promptly, your small business can avoid an audit by the IRS as well as costly penalties. Working with a CPA can provide peace of mind and allow you to focus on business management. Thus, the cost of outsourcing your small business accounting needs is worth it for my business owners.
Do you need an accountant if you use QuickBooks?
QuickBooks is an accounting platform some small businesses use to do their own bookkeeping, but it does not detect errors, determine accuracy, or file your tax return. Working with a trusted CPA can mitigate costly errors and consolidate small business functions.
What is the difference between bookkeeping and accounting?
Bookkeeping refers to the recording of day-to-day business transactions. These bookkeeping tasks include data entry, bill payments, invoicing, payroll, and more.
Accounting deals with the classification, reporting, and summarization of financial data of a business for a specific purpose, such as tax preparation. Accounting practices take the bookkeeping tasks, such as data entry, and classifies it in the appropriate category so the transaction is properly accounted for.
What do small business accountants do?
Every small business accountant offers different services which can include bookkeeping, end-of-year tax preparation, financial statement preparation, and payroll. Contact our CPA firm in Raleigh at 919-420-0092 to discuss your small business accounting needs so we can determine if we’re the right fit for you!
Contact Us for Small Business Accounting Services in Raleigh
If you are a small business in or around Raleigh, NC in need of small business accounting services,
call 919-420-0092 or fill out the form below.
"*" indicates required fields