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Diversified Accounting Services, Lynnwood, Washington, Lake City, Seattle, knowledgeable, professional, tax services, Our Tax Services

Our Tax Services

Bookkeeping~

We provide full bookkeeping services and are proficient experts with QuickBooks software. We specialize in initial setup of manual or computerized systems, bank statement reconciliation, as well as tracking and analysis of various transactions.

In addition to QuickBooks, we can also work with most accounting systems, such as Great Plains Dynamics. If you already have accounting software we are willing and able to continue to your business on your current system, or help you and your business transition to another software.

General Ledger Set-Up~

The general ledger is the core of your company’s financial records. These records constitute the central “books” of your accounting system.

Allowing us to set up your general ledger correctly and reviewing it periodically will prevent inaccurate financial statement information and save you time and money in the long run.

Accounts Payable & Accounts Receivable~

There are only so many hours in a day, and we know that as a business owner you cannot always complete your desired task list. We can pay your bills, process your customer invoices in a timely manner, as well as manage your collections process while keeping detailed records of transactions for reporting purposes.

Taxes~

We provide full preparation and filling of personal, corporate, city, state, and federal tax returns. We work hard to minimize your tax liability and update you when federal, state, and local tax law change.

Our greatest professional success is to help you keep what you are legally entitled.

Payroll~

We can set up and administer payroll and tailor our services to meet your needs. We can process payroll for you, or teach you how to process your own payroll, leaving us to do your quarterly and year-end payroll taxes for you.

This is a worry free alternative leaving you to tend to more pressing business needs.

Accounting Clean-Up~

We are uniquely skilled at reconstructing bookkeeping systems that may have fallen behind for several months… or even years for one reason or another.

It is extremely important to keep up to date and accurate books and records. Failing to do so can lead to high tax penalties and interest from various government agencies, loss of business license, and possible criminal charges.

Allowing us to help you become current with the various tax filings that are required of businesses today relieves you from the stress that comes with delinquency.

Cash Flow Analysis~

Cash flow is one of the most important elements of any successful business. We can demystify why there is little cash, but you have profit and owe tax.

Cash flow includes budget projections and internal controls.

Financial Statements~

Financial statement information, presented properly, is key to any flourishing business. Financial statements primarily consist of the “Profit & Loss” statement, and “Balance Sheet”. These reports are not only useful in tax preparation, but also to analysis your business performance or obtain financing.

It is crucial to have clear and concise financial statements in order to avoid financial headaches.
For example, without accurate financial statements you may under budget expenses, over pricing your clients, or have general cash flow issues.

Diversified Accounting Services, Lynnwood, Washington, knowledgeable, professional, tax services Serving the Greater Puget Sound
Lynnwood - Bothell - Everett - Mukilteo - Shoreline - Lake City - Seattle - Lake Forrest Park - Edmonds
Marysville - Redmond - Snohomish - Mill Creek - Mountlake Terrace - Kenmore - Woodinville - Kirkland
accounting serivces