Bookkeeping for Dummies- 3 Concepts to get you started!

The easiest way of understanding any concept is to listen to the expert in that field. Whether it is bookkeeping that you’re wanting to learn about, or even tax preparation services in San Antonio that you’re trying to find. This is exactly why you’re going to have a lot of fun reading this blog, as it is coming from the experts themselves. In this blog, you will come across 3 very basic concepts of bookkeeping that will help you out even if you’re absolutely new to the concept of bookkeeping itself. 

1. Where to begin?

There are three common options to get you started on completing your records. Have a look at them here:

Spreadsheets: Although suitable for smaller businesses, they can be a good starting point. However,  you’ll find that it can be challenging to maintain them as the business grows.

Accounting Book: An accounting book is suitable when you want to only keep track of simple accounting records. 

Bookkeeping Software: A bookkeeping app or desktop software can help you comply with government regulations. A solution that is simple with easy-to-understand phrasing, is your best bet.

 2. Accountant, Bookkeeper or DIY?

Bookkeeper: Someone who accurately records financial data of your business. They make sure that every entry is accurate, while they log all of the transactions in the books. Simply put, bookkeepers record as well as organise all financial data that is present. It can be done quarterly, monthly, or annually.

Accountant: Someone who is responsible for generally overseeing accounts as well as producing financial statements and tax returns complying with the law. They will adjust entries that the bookkeepers made, at the end of each fiscal period.

DIY: Starting bookkeeping can be effortless, as all you need is a bookkeeping app. The more you do it, the easier the process gets. In this way, you don’t lose any visibility. But, at the same time, experts would know many things that you’d miss. Of course, they have years of experience on their side.

3. Bookkeeping Practices to be Followed

Start on the right foot, and being a beginner would not feel as overwhelming. Do this, by just following these easy bookkeeping practices:

- Don’t Leave Anything for the Keep all the Records Clean and Organized

- Store all Your Receipts

- Always Keep Your Business and Personal Finances Separate

If you follow these guidelines, then your journey in the bookkeeping world can be really smooth. Since we mention that it’s a whole world in itself, it is obvious that you would need to know much more about bookkeeping to get started. However, if you haven’t backed off yet, then the chances are that you’ll make it to the top. Although, there is no shame in seeking some guidance in any new thing that you’re about to start. Your options are to read more and more about bookkeeping, or even consult an expert.

To get the perfect guidance on this subject or subjects like tax preparation services in San Antonio, visit http://www.uhlenbrockcpa.com/ or contact 210-701-1040. Uhlenbrock CPA has been in the business for years, making their clients extremely happy and their businesses extremely successful.

The Advantages of Having Your Taxes Prepared by a Professional in San Antonio

If you have been on the fence for the last few years, trying to decide if you should enlist the help of a professional tax firm to help you prepare your annual tax return now is a great time to spend time thinking through all of the potential benefits of partnering with an Uhlenbrock CPA. 

We have pulled together the most compelling reasons for hiring a professional to help with your tax preparation services San Antonio:

Ease the Burden

Some tax returns can be complicated. A small-business owner who itemizes his deductions has to complete and file IRS 1040, Schedule A, Schedule C and Schedule SE, among other forms. Each form requires various information from the taxpayer's records. Navigating your way through a complicated tax return is time consuming, and the risk for an error increases with every form you need to file. A professional tax service eases this burden.

Reduce Errors

The Internal Revenue Service keeps a list of the most common tax errors. On that list are computation errors when determining taxable income, entering payments on the wrong line and simple math errors. An error on your return can delay any refund due to you. If you have error and the mistake results in tax liability, interest and fines from the date you filed the taxes. While no tax professional is perfect, the chances of making a simple mistake on a return are reduced when you use a professional tax service.

Professional Tax Advice

The tax rules are complicated. Before you can use a deduction or credit, you must qualify for it. A tax professional can help find deductions and credits for which you qualify for, and can give advice on certain tax issues. For instance, you may be eligible to use both a tuition deduction and an education credit, but you are only allowed to use one. A tax professional can help you decide which one to take, the deduction or the credit.

Avoid Adverse Consequences

When you sign the end of your tax return, you declare that the information is true and accurate to the best of your knowledge. If the IRS audits your return and finds errors, you could face potentially serious legal consequences. Having a professional prepare your tax return adds a little safeguard to potential liability. You need to be cautious, however. As stated, a tax professional can make a mistake. Go over the return yourself to ensure that all the numbers are correct and accurate.

All in all, hiring a professional tax services to handle your taxes is always the wisest decision one can make. Whether you are a small business owner who does not have enough time to deal with this task or you are an individual who is not good with paperwork, a professional tax preparer will take the entire task out of your hands and allow you to have the peace of mind that everything is taken care of.

If you need expert Tax professional in San Antonio, TX, get in touch with Uhlenbrock CPA at 210-701-1040. Uhlenbrock CPA tax services are the best option for you.

Here’s How You Can Understand Payroll

When you think about payroll in Stone Oak you might feel confused. Hence, it’s a good call to go ahead and do some research on the same. However, when you go for the research, you might come across unreliable sources. Therefore, this piece of writing gives you all the information about it, while maintaining authenticity. 

Let us divide this information into smaller parts for better understanding:  

Part 1- Talking about what payroll is

A definition by Investopedia, states that payroll is something that refers to the total of all the compensation that a business is to pay to all of its employees. Payroll is for a set period or on a specific date. It includes salaries, wages, deductions, bonuses, along with net pay. In many cases, payroll gets handled by a business’ accounting department. The small-business owner might also opt that their payroll should be managed directly in-house or go for an associate.

Part 2- Talking about what else payroll includes 

So, apart from the compensation to employees, payroll would also include the taxes which the employees are required to pay to the government. This would include things like withholding taxes etc. These can also be called Pay-As-You-Earn (PAYE) taxes. They refer to those taxes that the employers should withhold from the wage of all of the employees of the organization. Income tax with holdings are assigned by the state, federal, and local governments as well.

One very important thing to know is that for assessing as well as collecting payroll taxes in the developed world, there are the state and federal-level systems in place. 

Payroll in Stone Oak can be a vast topic to cover. So, before you dive into its application, make sure that you have enough knowledge about it! 

If you’re looking to hire an expert in tax preparation services in San Antonio, you should hire Uhlenbrock CPA. It is the number one CPA firm in San Antonio for offering services of business accounting, payroll and tax preparation. They have a team of certified public accountants who are capable enough to maintain the financial record of any business.

In addition, they strive hard to return more money on an investment for better production. 

Hire Uhlenbrock CPA for tax preparation and payroll services in San Antonio now.

Get in Touch With Us

Uhlenbrock CPA, PC

1000 Central Parkway North, Suite 120

San Antonio, Texas 78232

+Phone: 210-701-1040

Fax: 210-701-1040

www.uhlenbrockcpa.com

mike@texascpa.net

Hire An Expert for Improved Tax Preparation Services San Antonio

Maintaining the fiscal record of a company is a lot of hassle. It needs to hire an expert for saving more money without your need to get involved in the complex tax preparation services San Antonio. The tax professionals are responsible for preparing the income tax return on the behalf of an organization at a fixed or variable prices.

Besides, there are many advantages of hiring professional tax services. Let’s read the points mentioned below -

1. Avoid Typical Audit Consequences - 
When you as a business sign the end of company tax return, you need to declare that the information given by you is true and most accurate according to your knowledge and belief. By hiring an expert for working on tax preparation services, you can easily avoid typical audit consequences.

2. Reduce The Chances Of Errors -   
During the calculation and preparation of tax services, if any error or mistake results in the liability of taxes, then fines and interests increase from the date of tax filing. While no tax professional is faultless, but, the chances of making a mistake on a return are decreased when you make use of a professional tax service. 

3. Ease The Functional Burden - 
Navigation of the specific ways through a tough procedure of tax return is really time consuming. You should know that the chances of risks are increased time to time and here only a professional can ease this much burden.

4. Tax Advice By A Professional -   
The tax rules are complex. Prior you can utilize a deduction or credit from your company’s payment account, you must get qualified for it. A tax professional can assist in finding deductions and credits for which you are actually qualified for, and can also give suggestions on certain tax issues.       

       

To hire an expert in tax preparation services, you should hire Uhlenbrock CPA. This is a number one CPA firm in San Antonio for offering services of business accounting, payroll and tax preparation. They have a team of certified public accountants who are capable enough to maintain the financial record of any business. In addition, they strive hard to return more money on investment for better production.   

Hire Uhlenbrock CPA for tax preparation services in San Antonio now.

Get in Touch With Us
Uhlenbrock CPA, PC
1000 Central Parkway North, Suite 120
San Antonio, Texas 78232
Phone: 210-701-1040
Fax: 210-701-1040
www.uhlenbrockcpa.com
mike@texascpa.net

Tax Professional in San Antonio

About Uhlenbrock CPA, PC

Uhlenbrock CPA, PC firm specializes in helping small business with all their accounting and tax needs. We offer a complete bookkeeping package that includes, payroll, payroll tax deposits, filing quarterly payroll reports, quarterly financials, year-end w2’s, 1099’s, and preparation of the Corporate or Partnership tax return, and the Texas Franchise Report.

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More Service Details

"Behind Every Good Business is a Great Accountant"

What We Do

Bookkeeping Services: It is all about recording the financial transactions of an organization. It is an essential process of accounting system, as it helps in keeping accurate financial records.

Small Business Accounting: Every business is started with a goal to maximize profit. The success of a business plan depends on how well the revenue is turned back into business.

Payroll: Let your team satisfaction be maximum – Pay them on time with our corporate Payroll services. Whether your business is just a startup

Uhlenbrock  CPA, PC Provide Best Tax Services in San Antonio

At Uhlenbrock CPA, you get an expert team that will guide you throughout the year. We provide accounting and tax services and are among the best tax service providers in San Antonio. We deep dive into our client’s business and help them in identifying the key areas, where they can effectively reduce their tax liabilities. Through continuous research, we are always updated with latest modifications in laws. This ensures competent planning and consequently better savings.

Bookkeeping Services Provider San Antonio | Uhlenbrock CPA

Bookkeeping Services Provider San Antonio | Uhlenbrock CPA

Bookkeeping Package

It is all about recording the financial transactions of an organization. It is an essential process of accounting system, as it helps in keeping accurate financial records. An ideal bookkeeping is one that can form a strong base for financial analysis.

Uhlenbrock CPA offer bookkeeping services that can simplify analyzing your financial performance

If you are a small business owner and have a big dream of taking your business ahead in long run, then an appropriate accounting system can help you a lot. A transparent and accurate bookkeeping service will not only help you to keep a track of your transaction but will also make you identify the areas that requires maximum attention, which could be done with a proper tax planning and preparation in San Antonio.

Uhlenbrock CPA bookkeeping solutions covers the entire range of business needs in San Antonio

Through our services we help our clients with:

• Prepare the Texas Franchise Return Ongoing tax advice to maximize all expenses through the business
• Make all tax payroll tax deposits semi-weekly, or monthly, through IRS EFTPS
• Entering all deposits, checks and reconciling the bank account monthly
• Prepare quarterly financial reports for the business
• Prepare the Corporate Tax Return
• Prepare year end w2’s, 1099’s etc
• Payroll checks for the company
• File all quarterly payroll reports

Enjoy our entire bookkeeping and accounting services to attain your financial goal.

Tax Preparation Service

Tax Preparation Services
Let our advisers help you achieve your business goals.

                                                     

Are you looking for successful business plan?

The success of any business plan depends on how well the revenue is turned back into business. No matter the business is small or large scale, as an owner you might have tight financial resources for a proper advice of tax planning with QuickBooks setup.  We provide best consulting CPA services in North San Antonio for your small business accounting needs to provide cutting edge accounting solutions. Make a call for more details at - (210) 701-1040

FIND OUT MORE ABOUT UHLENBROCK CPA

Some Of Our More Popular Services

We at Uhlenbrock CPA provide you the best services for bookkeeping, quickbooks training and tax preparation planing services with your you will be able to save your time and money with the corporate tax saving plan and we ensure you the drastic performance of your business.

Bookkeeping Services
Have a big dream of taking your business ahead in long run? An appropriate accounting system can help you a lot. A transparent and accurate bookkeeping service helps you keep a track of transaction also make identify the areas that requires maximum attention, which could be done with a proper tax planning and preparation in San Antonio.

QuickBooks Setup
An authentic and organized record of your financial data provides strong base for major investment decisions. Depending upon manual process can result in big miscalculations through QuickBooks in San Antonio. An accounting software automates your entire accounting process setup and provides accurate data.

Tax Planning

Thinking to reduce tax liabilities of your business? Being a business owner, you may not come up professional tax saving strategies easily, unless you adept tax planning tactics. Our team posses hands on expertise in providing efficient financial and tax planning advice​.

What Our Founder Says -

Michael J. Uhlenbrock​

Our firm specializes in helping small business with all their accounting and tax needs. We offer a complete bookkeeping package that includes, payroll, payroll tax deposits, filing quarterly payroll reports, quarterly financials, year-end w2’s, 1099’s, and preparation of the Corporate or Partnership tax return, and the Texas Franchise Report. We charge a quarterly fee for our bookkeeping package. We also will train our clients to use QuickBooks, so they can run their business efficiently. Please call us for pricing.

About Us

1000 Central Parkway North, Suite 120
San Antonio, Texas 78232
 (210) 701-1040

Advantages of Using a Professional Tax Preparation Service

When you are deciding to hire a tax preparer for professional tax preparation in San Antonio, these are the advantages:

•  Money Savings: It is a known fact that filing for taxes can take a lot of time and with the help of a professional tax preparer this will no longer be your concern.
• Time Savings: From start to finish, completing your own tax return will take a few hours. This time includes organizing your forms and files to completing and submitting your returns. By hiring a tax professional, the time savings is obvious and the reduction in stress will be immeasurable.
• Reduce Risk Of Errors: With extensive tax preparation, tax planning and by staying updated with the latest tax environment, a tax professional will decrease the chances that errors will be made on your return.
• Peace of Mind: Year after year of tax filings, there’s nothing else that will provide you with the peace of mind that you gain from hiring a tax preparer. Your professional tax preparer will know your tax situation, which saves them preparation time each year, helps you in case of an audit, and finds you deductions and credits that reduce your tax liability.
• Remove Stress: Tax returns can often be more complicated then they seem at first. Many people are very stressed after having completed the process because they are afraid they have made a mistake. By hiring professional tax preparer, get over all the stress and have the certainty that your taxes are handled by someone experienced.

All in all, hiring a professional tax services to handle your taxes is always the wisest decision one can make. Whether you are a small business owner who does not have enough time to deal with this task or you are an individual who is not good with paperwork, a professional tax preparer will take the entire task out of your hands and allow you to have the peace of mind that everything is taken care of.

If you need expert service for corporate tax preparation or tax planning in San Antonio, TX, get in touch with Uhlenbrock CPA at 210-701-1040. Uhlenbrock CPA services are the best option for you.

The Pros and Cons of Professional Tax Preparation Services in San Antonio

Uhlenbrock CPA is a leading full service CPA tax services and business solution firm licensed in San Antonio, Texas. They are known for their CPA services in the San Antonio region and hold a peerless prestige in San Antonio society of CPAs. Uhlenbrock CPA aims to provide quality business tax preparation services to simplify clients' tax preparation process and let them enjoy utmost benefit. 

Now Question Comes in Mind Is to Hire a Professional For Tex Preparation or DO it Yourself.

Lets  discusses the pros and cons of getting a professional tax preparer to handle things for you.

Pros:

A Tax Professional Can Help You Save Time and Money

Your Tax Preparation Fees May Be Deductible

Cons:

     1. The Initial Cost of Professional Tax Preparation Can Be Unappealing

    2. There are Many Scams — Be Careful about Who You Hire

If you need expert service for corporate tax preparation in Stone Oak area or North San Antonio, TX, get in touch with Uhlenbrock CPA at 210-701-1040. Uhlenbrock CPA services can best match your expectations.