Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further.
Here are a few reasons why you should choose Sepulveda Tax & Accounting for your tax and accounting needs:
- highly experienced (over 25 years of accounting experience)
- flexible hours (during tax season appointments are available 7 days a week)
- responsive (every effort is made to return e-mails, texts or phone calls within 24 hours of receipt)
- professional services (we offer a full range of professional services as well as the individual attention that you deserve)
PROFESSIONAL SERVICES OFFERED:
Small Business Accounting
As a small business owner you have more important things to do than to keep your own books. I can take care of your books for you, so you can get back to the job of running your business and generating profits!
Each month or quarter I’ll do the following things for you…
- Reconcile your bank account
- Generate an income statement
- Generate a balance sheet
- Clean up your general ledger
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of my other services.
Reconciling your business checking account each month allows me to keep your bank account, accounting, and taxes up-to-date.
Having me reconcile your account each month allows you to…
- Identify lost checks, lost deposits and unauthorized wire transactions.
- Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
- Detect and prevent embezzlement of funds from within your company.
- Know how your business is doing? You can’t really know unless all accounts are reconciled and properly accounted for on your financial statement.
Income Statement
An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.
An income statement allows you to…
- Track revenues and expenses so that you can determine the operating performance of your business.
- Determine what areas of your business are over-budget or under-budget.
- Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
A balance sheet gives you a snapshot of your business’ financial condition at a specific moment in time.
A balance sheet helps you…
- Quickly get a handle on the financial strength and capabilities of your business.
- Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
NOTE: Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
Maintaining a Clean General Ledger
The general ledger is the core of your company’s financial records. These records constitute the central “books” of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.
Having me review your general ledger system each month allows me to hunt down any discrepancies such as double billings or any unrecorded payments.
Business Consulting
As a true business partner, I am available to help you deal with any business problem or opportunity. I stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, I have the necessary business acumen and analytical capabilities to help you make the right decisions.
Business Entity Selection
The business entity — LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. I can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Financial Statements
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. I will work closely with your key personnel to develop and finalize accurate and timely financial statements.
IRS Representation
Dealing with the IRS can be stressful. Whether you’re facing an audit, dealing with a tax levy, or sorting out tax issues related to running a business, ensuring your compliance with state and federal laws can be confusing at best. If you’ve been contacted by the IRS about a tax issue, don’t panic. I understand that dealing directly with the IRS can be time-consuming and intimidating, I’m here to help and will be happy to handle it on your behalf.
Payroll Services
Looking for a way to streamline your payroll and reporting processes? Let me help. I can provide expert, hassle-free payroll services for companies of all sizes. I will remove the burden of tedious payroll tasks from your staff and ensures that even the smallest of details are attended to. From setup to reporting, I handle every aspect of this important job so you’re free to do what you do best: run your business effectively.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. I can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.
Individual and Business Income Tax Preparation
Preparing your own income tax returns gets harder every year. It can be a task that leaves you with more questions than answers even if you are only filing a simple tax return. The tax code gets more complicated and confusing, which is why it is wise to have professional assistance. The firm of Sepulveda Tax & Accounting can help find ways to minimize your taxes owed and get your tax returns filed accurately and on time.
I, Josephine Sepulveda CPA, will meticulously check your records to make sure that you get all the deductions that you are entitled to while doing everything within my power to minimize your tax burden. Attention to detail is the hallmark of a good accountant, and that is why I am dedicated to making sure nothing slips through the cracks. I stay on top of the latest tax laws and regulations so you can be confident that I am finding every opportunity to save you money and not skipping any important details. .