Small Business Accounting

As a small Business owner you have more important things to do than to keep your own books. When Balcom Consulting  takes the task, you can get back to the job of running your business and generating profits! With our computerized system it's actually more cost effective to have us do your bookkeeping.

Any time you have a question or concern we encourage you to call.Balcom Consulting will provide assistance for our clients in obtaining business licenses and tax ID numbers. As specialists in small business accounting, payroll taxes and income taxes, our Associates are always there to provide information to help you make important financial and business decisions.  

Take a look at what Balcom Consulting Small Business Accounting can do for your business:

Monthly Accounting, Quarterly Accounting, Payroll & Paycheck Services, Tax Preparation & Planning 

Monthly Accounting � 

Balance company checkbook � 

Classifying and posting all disbursements � 

Classifying and Recording all deposits � 

Reconciling bank statement � 

Updating equipment purchases and calculating depreciation � 

Running computer trial balance � 

Preparing balance sheet and profit and loss statement � 

Bill paying service � 

Completing sales tax in time for client to make payment � 

Reevaluating estimated payments and preparing form 1040ES � 

Returning completed monthly books within ten days of receipt

Quarterly Accounting � 

Everything listed above under monthly bookkeeping, but on a quarterly basis � 

Returning completed quarterly books within two weeks of receipt

Payroll & Paycheck Services � 

laser printed checks with stubs showing current and year-to-date wages, taxes and other deductions � 

Preparation of quarterly reports in time to make payments fo federal withholding tax (941), state unemployment tax (VEC) and state withholding tax � 

Checking FUTA (Federal Unemployment Tax) to see if payment is warranted � 

W-2's and quarterly payroll reports � 

Logo printed on checks and window envelopes available at low cost � 

Flat fees based on number of employees � 

Tax Preparation & Planning � 

Preparing Corporation, Partnership & Sole Proprietor income tax returns � 

Preparing Individual Federal, Virginia and all states income tax returns � 

Tax planning meetings as needed at no additional charge � 

Reviewing of quarterly estimated tax payments and amendment as necessary at no additional charge � 

Year-round answers to tax questions at no additional charge � 

Assistance in event of tax return audit � 

IRS Representation Services to settle back taxes for less than the amount owed