BBD Financial Services Group, LLC. provides wide spectrum of accounting services for companies and businesses to fulfill the regulatory compliance requirements laid down by the governing authorities such as ACRA and IRAS. Our approach to deliver accounting services is flexible and extremely friendly in nature. We have a team of expert accountants that is committed to serve effective and customer oriented services to wide ranges of clientele.
Monthly Accounting and Bookkeeping Services
The main objective of our accounting services is to reduce the work-load and the expenses of business owners, helping them to focus on core business activities. By any standards, the task of bookkeeping and accounting is an essential, but, a non-core task. It is also repetitive and intensive in manual work. The small business owners who are multitasking to deliver their services or products to the customers may not be able to spare time at the end of working day to update their book. However, the task can’t be delayed as the owners have the best chance of recording the transactions when they are fresh in their minds.
Catch-up Bookkeeping (i.e. Many Months At A Time…)
The bookkeeping for a business of any size involves recording each of its financial transactions. It means spending time and a resource for recording and filing of sales invoices and bills of purchases. The task needs knowledge bookkeeping to properly place each item in the books. The bookkeeper must also know the local tax laws where your company is located, the deductions claimable for the company expenses and place them under the related account head. It is a tough task better left to the professionals from one of the accounting firms who knows your local tax laws.
The regular updating of the books of account is a statutory requirement for companies. It is also a way keeping track of the cash flow of the business. With the latest financial information, it is easier to judge the financial health of the business. But, it needs knowledge of accounting concepts and principles and not all small businesses can employ an in-house accountant to do the job. Then, the accountant’s work needs periodical reviews. The current trend is to hire one of the experienced accounting services and let its team of accountants take care of business’ accounting needs.
Our broad range of accounting solutions can be customized to the unique needs of clients and the services can be availed on weekly, monthly, quarterly and annual basis.
Tax Preparation and Advisory
Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.
Here’s what your get…
Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
Your tax return can be filed electronically so you will get a refund back quicker.
Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months.
We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability.
Books a Mess: No Problem!
If you own a small business and haven’t kept up your bookkeeping, don’t worry. We can help you. We’ll prepare your bookkeeping for the year, prepare a full Schedule C, as well as your personal income tax return. Then we’ll help you set up an easy system that allows you to keep your books in tip-top shape next year.
Experience Makes the Difference
As one of the premier accounting firms, we strongly believe in providing timely and quality services. It is the simplest way of ensuring customer satisfaction. We are consistent in our approach and in providing the right work environment which ensures teamwork and deep involvement of experts while taking care of our clients’ work. We maintain our service standards at their peak by evaluating the quality of the services rendered. Our existing clients’ trust us for our promptness, efficiency, and our standards which we maintain in-line with their expectations.