What Makes Tax Talk Online Unique?

“How do you know your getting a quality bookkeeper or accountant? Check-out www.taxtalkonline.com to learn more.”

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Our Bookkeeping, Accounting, and Business Solutions are designed to eliminate the headaches and high costs associated with accounting and financial services for CPA and small to medium sized businesses, so that business managers and owners can concentrate on growing their companies! Plus, we eliminate the high cost of recruiting, training, and managing in-house person(s).
 

With our knowledge and experience, we provide services for all your accounting needs:

BOOKKEEPING SERVICES


TaxTalkOnline Bookkeeping Services are focused at helping CPA and Small to Medium sized firms with the management, accounting and tax preparation needs of their company. Our company goal is to help reduce your operating costs by moving the time consuming activities of preparing records, data entering, and analyzing of the accounting books to our back-office. We function as your support, maintenance and accounting staff. Our Team takes immense pride in providing value-added, online bookkeeping services to growing and changing businesses (in all industries) like yours. Our personalized and professional online bookkeeping services cover the entire scope of accounting services and allows us to give customers the flexibility to choose what they need at an affordable price.

Our firm has proficiency across all the major accounting software used in the industry for bookkeeping services, such as Quick Books, MYOB, Business Vision, Simply Accounting, Case Ware, and Peachtree. TaxTalkOnline.com has a dedicated team of well-trained CPAs, accountants, and professional bookkeepers who can quickly adapt to your specified software and processes, and at the same time ensure quick turnaround time and with quality standards.
 

Bookkeeping Services from TaxTalkOnline.com Include:

  • Entry of transactionsimage18301
  • Journal entry
  • General Ledger
  • Assets /Equipment Ledgers
  • Expenses Ledger
  • Accounts Receivable Services
  • Accounts Payable Services
  • Bank Account Reconciliation


Value-added Bookkeeping Services:

Apart from all the standard online bookkeeping services, we offer custom reports that enable the business owner to better analyze their revenue and expenses.  A list of additional services provided is as follows:

  • Customer Reports : Reports on your customers that give you a quick view of who your most and least profitable customers are.
  • Employee Reports : Reports showing company expenses and/or revenue associated with individual employees and year-end reports showing what their employment costs the company.
  • Break-up of Expenses : Report on break-up of expenses categories, such as by product line, office or region.
  • Event Analysis : Reports on revenue and expenses associated with specific events.
     

ACCOUNTING:


Do you wish you had a dependable team of accountants to process your work so you could concentrate on providing higher value services to your clients?

TaxTalkOnline.com offers you accurate accounts processing. Our team is headed by a CPA and a Senior Chartered Accountant both with over 10 years experience in accounting & bookkeeping. The rest of our staff consists of CPA’s, Senior Accountants, Junior Accountants and dynamic young qualified professionals who are experts in the field of Finance & Accounting who are trained on QuickBooks, Sage, Peachtree and many other software’s.

With TaxTalkOnline.com you do not need to change your setup; we will work according to your systems. Your accounting styles and preferences are important to us, and we will maintain consistency. You’ll be pleasantly surprised by our personalized service and regular communications.

Our firm has a vigilant and methodical approach for posting accounts, which ensures that you get the quality you can depend upon. Our services are highly professional, and will ensure that you will not have problems during year-end and month-end reporting. We will quickly adapt ourselves to your way of working, so you will begin to see us as a part of your staff working just for you!

Accounting Services from TaxTalkOnline.com Include:

  • Financial Statements preparationimage1876
  • Trial Balance
  • Income Statement (Profit & Loss)
  • Balance-sheet
  • Cash Flow Statement
  • Monthly/Quarterly Year End Review


Value-added Accounting Services:

Apart from all the standard online accounting services, we offer custom reports that enable the business owner to better analyze their revenue and expenses. A list of additional services provided is as follows:

  • Customer Reports : Reports on your customers that give you a quick view of who your most and least profitable customers are.
  • Employee Reports : Reports showing company expenses and/or revenue associated with individual employees and year-end reports showing what their employment costs the company.
  • Break-up of Expenses : Report on break-up of expenses categories, such as by product line, office or region.
  • Event Analysis : Reports on revenue and expenses associated with specific events.


BUSINESS SOLUTIONS – Payroll:


TaxTalkOnline.com can do your payroll functions to make meeting your weekly, bi-weekly, semi-monthly or monthly payroll needs quick and easy. Our process integrates into Quickbooks and is effortless to use. Our Team is dedicated to providing high quality payroll services to businesses of all sizes. Our flat-rate packages are designed to help your business stay within budget which means no hidden or additional fees to worry about. At TaxTalkOnline we know that no one solution is right for everyone. This is why we provide you with a range of payroll options.

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Are you wondering if you are payroll compatible? Click here and take the Payroll Test!


Payroll processing with necessary deductions
 – Our Specialists will data enter, prepare, calculate and process your payroll at the frequency you request and make all the necessary deductions for taxes, benefits, etc. Simply supply us with the rate of pay and hours worked, then we'll do the rest.

Direct Deposit, Live Check, or Debit Card – With our flexible systems your employees can have a full choice of Direct Deposit, Live Checks, or Debit Cards. You control the options you wish to make available to your employees. And with 90% participation in direct Deposit, you receive discounted payroll processing rates. With direct deposit, you choose electronic or paper pay statements.

Tax Preparation and Filing – We calculate and file your taxes (Federal & State). No more hassles with the calculations, tedious paperwork or costly errors.

State New Hire Reporting – Our Specialists automatically notify the state of new hires as required by law. One less thing you have to remember.

Leave Accruals – We calculate and maintain your employees Vacation, Sick, and other Paid Time Off balances for you.

Record Retention – Our Specialists scan and store all of your employee's payroll records electronically. No more paper files for you to secure and maintain.

Legal/Regulatory Compliance – We take the headache out of payroll regulatory compliance. If your company is required to do it, we take care of it as part of our service.

Garnishment or Other Third Party Deductions (minimal additional fee) – If you have employees with mandatory agency deductions, we handle the deductions and payments for you.
 

The TaxTalkOnline Team helps companies like yours with all their payroll needs. Our payroll specialists will work directly with you and design a customized program for you within days and then will run effortlessly, so you have the time you need to run your business!
 

BUSINESS SOLUTIONS - Recruiting & Staffing


TaxTalkOnline is a leading national search firm specializing in accounting and finance, banking and asset management,  and sales and marketing professional recruiting.  Our firm assists clients with meeting their staffing needs. Through our recruiting process, we use an interpersonal approach when locating skilled professionals for our clients. Our positions range from professional to senior executive level, with options for either permanent placement or contract assignments. We offer assistance with the following:
 

  • Access to highly skilled accounting and finance professionals—we have access to multiple on-line recruiting sources.
  • Strong ability to understand hiring needs—we can assist you with screening candidates.
  • Specialized professional service—our team is composed of former accounting and finance professionals who understand the needs of your business.


Accounting and financial recruiting with flexible placement strategies:

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Different circumstances require different solutions. With our Accounting & Financial Recruiting specialists, you can choose the placement strategy that best fits your situation.  

  • Direct Placement: We can recruit the most talented professionals to work directly for you as full-time, permanent employees. Your account manager will take the time to get to know you, your management style, and your company's culture so we can find the ideal people for your organization.
  • Contract-to-hire Placement: We offer you all the advantages of contract placement with the option to select temporary staff as permanent hires. You assess your contract employee(s) firsthand and, after an evaluation period, you decide if they meet your productivity, skill level, and cultural fit requirements.
  • Contract Placement: Upsizing? Downsizing? Need employees for temporary projects? We can help you supplement your workforce and reduce overhead costs. Save thousands of dollars in both the actual and indirect costs of hiring new employees by letting us recruit, screen, and place the personnel you need.
     

BUSINESS SOLUTIONS – Quickbooks Training


QuickBooks - Certified Training & Support 

At TaxTalkOnline, we provide training in the use of QuickBooks Accounting Software. Our firm is a Certified ProAdvisor with QuickBooks.


ProAdvisors are specially trained QuickBooks experts who have received specialized training. A Certified QuickBooks ProAdvisor can (Sample list provided):

  • Determine which QuickBooks is the right solution for a client
  • Set up appropriate items for a client's business
  • Restrict access to areas of QuickBooks • Exchange data between QuickBooks files and other software programs
  • Modify reportsimage4167
  • Close accounting periods • Account for customer deposits, NSF checks, and bad debt
  • Set up QuickBooks to track sales tax
  • Create 1099 Forms
  • Adjust inventory in QuickBooks
  • Set up and use QuickBooks Payroll
  • Use the time tracking features in QuickBooks


In addition, ProAdvisors can purchase QuickBooks software for their clients at a significant discount. If your interested in having your own version contact us to set up an appointment for QuickBooks training. We can provide training at your office, or over the internet.
 

BUSINESS SOLUTIONS – End of Year Documents & Tax Preparation:


TaxTalkOnline assists our clients with getting ready for the end of the year. It’s a time to get organized with your accounting records and Books 4 Taxes can help you prepare the following:.


Make sure final transactions for the year are done

  • Review tax form (1040-Schedule C) from prior year and compare to this year's expenses
  • Enter ALL cash receipts for business expenses (taxis, business meals,subway, train)
  • Reconcile all your accounts and enter any missing transactions
  • Work on reducing receivables (Follow up with clients/customers to get paid)
  • Write-off bad debt if necessary, but work on getting paid first
  • Make SEP IRA or 401K contributions and donations to charity to reduce taxable income
  • Make all asset depreciation entries (only applicable for equipment that you had put on a depreciation schedule)


Organize: Make Life Easier on Your CPA and Understand What Happened During The Year

  • Organize receipts and statements for expenses that will be itemized on your Schedule C/1040
  • Review your budget and compare actual to budget which will help develop 2008 budget
  • Inquire from your CPA as to what reports and documentation is needed for tax preparation
  • Ask if year-end reports should be on a cash basis or accrual basis
  • Print out a copy of general ledger
  • Back up the Quickbooks file in case of any data loss
  • Send a copy of your Income Statement and Balance Sheet to your accountant at the end year to get an idea what your taxes will be in March 15 (quarterly tax payment) and/or April (personal income tax deadline


Employee/Independent Contractors

  • Order 1099-MISC forms (Independent Contractors) and W-2 forms (Payroll Employees) early. The forms are much cheaper if buy at Staples then via Quickbooks.
  • Get Independent Contractors and Employees current mailing address, SSN and the total payments made to them for the year.



TaxTalkOnline recommends partners. For Tax Preparation feel free to contact TaxTalkOnline.com or call them at 1-877-320-7766.