Early fourth quarter is a great time to assess where the business stands financially for the year. A tax preparer can help estimate the business’s tax liability and identify potential deductions. They can also help implement tax-saving strategies before the year-end based on an ever-changing small business and tax world.

What will the tax preparer need? They typically want a profit & loss for January through last month and a balance sheet. Additionally, they will need a revenue forecast for the remainder of the year.

If an accurate balance sheet and profit & loss for the business are not easily accessible, we can help! Morgan Morrow Bookkeeping provides a turnkey solution to get business books up to date and provide financial statements at the push of a button for busy business owners. For the Do-It-Yourself business owners, we offer QuickBooks setup services and train business owners and their staff in accounting best practices. Contact us for a free initial consultation. Email us at info@morganmorrow.com or call 919.270.5685.