Bookkeeping & payroll in Astoria, Queens
Accurate books, payroll that runs on time and clear financial reports, so you can run your business with confidence.
What's included
Bookkeeping & accounting
Recording income and expenses, categorizing transactions and reconciling your bank and credit card accounts, so your books are always ready for tax time.
Payroll
Paychecks, tax withholding and deductions for your employees, plus the quarterly federal Form 941 and New York State Form NYS-45 filings and year-end W-2s.
Contractor 1099s
Year-end Form 1099-NEC for the independent contractors you pay.
Financial reporting & advisory
Profit and loss statements and balance sheets that show how your business is really doing, with a plain-English review of what the numbers mean.
Financial planning
Budgets, cash flow planning and goals for the year ahead, tailored to you or your business.
Why clean books pay off
Up-to-date books make tax season faster and help you claim every deduction you're entitled to. They also give you the numbers a bank or grant program will ask for, and they show problems like slow-paying customers or rising costs while there's still time to act.
Payroll mistakes are expensive. Late deposits and missed filings bring penalties from both the IRS and New York State, so it's worth having someone keep track of every deadline.
When the year closes, your records are ready for business and personal tax preparation in the same office.
How it works
Talk about your business
Call us to go over how you're keeping records today and what you need.
We set things up
We review your accounts and records and agree on a schedule that fits your business.
Monthly routine
Transactions recorded, accounts reconciled and payroll run on time, with reports you can actually read.
Ready for tax time
At year end, your books, W-2s and 1099s are done and your return can be prepared without the scramble.
Bookkeeping & payroll questions
Anything else? Give us a call and we'll walk you through it.
How often should my books be updated?
Most small businesses do well with monthly bookkeeping. If you have fewer transactions, quarterly can work. We'll recommend a schedule that fits your business.
What payroll tax filings do New York employers have?
Most employers file federal Form 941 every quarter and Form 940 once a year, New York State Form NYS-45 every quarter, and W-2s for employees at year end. Payroll taxes also have to be deposited on a regular schedule. We keep track of all of it.
Do I need bookkeeping if I'm a sole proprietor?
It helps. Keeping business and personal spending separate and recording it through the year makes your Schedule C accurate and supports every deduction you claim.
Can you also prepare my taxes?
Yes. Clients who use our bookkeeping have their records ready at tax time, and we prepare both business and personal returns. More about tax preparation.
Let's get your finances in order.
Request a personalized quote for accounting, tax or notary services. Call, write or visit us in Astoria.
Call(917) 584-4604 Emailaimbusinessinc@aol.com Visit23-18 Steinway Street, Astoria, NY 11105