Let Us Handle Your Year End Bookkeeping with our Tax-Ready Bookkeeping Service

Tax Ready Bookkeeping Service

When it comes to preparing for tax season, accurate and organized financial records are a must. If you’re not ready to handle bookkeeping yourself—or simply don’t have the time—we’ve got you covered with our Tax-Ready Bookkeeping Service.

This one-time solution is designed specifically to set up your books for 2024’s tax filing, giving you the peace of mind that everything is accurate and ready to go.

This service is different from our typical bookkeeping cleanups. It’s a simplified version, where you’ll only receive year-end results instead of month-to-month.

With this service, we’ll take care of all the heavy lifting for you, including:

  • QuickBooks Online Setup: We’ll set up your QuickBooks account, included in the service.
  • Categorization: We’ll categorize all your transactions, ensuring they’re accurate and complete.
  • Reconciliation:  You’ll provide read-only access to your bank and credit card statements, and we will reconcile all accounts to ensure accuracy.
  • Sales Records: Properly enter and reconcile sales data using year-end settlement reports from platforms like Amazon, eBay, Walmart, or Shopify.
  • COGS (Cost of Goods Sold): We’ll pull inventory data from your inventory management software (Inventory Lab, Seller Board, Sellerise, etc) and record it accurately.

  1. Connect your bank and credit card accounts to QuickBooks Online.
  2. Provide read-only access to your bank and credit card statements and inventory management software.
  3. Upload your year-end settlement reports for eCommerce platforms.
  4. Let us handle the rest!

Our expert team will categorize and reconcile all transactions, ensuring your financial records align with tax requirements.

  • Saves Time: Avoid the hassle of sorting through your finances alone.
  • Ensures Accuracy: We know the ins and outs of eCommerce bookkeeping, so nothing gets missed.
  • Peace of Mind: Rest assured your books are handled by professionals who specialize in eCommerce businesses.

Ready to Get Started?

  1. Request a tax proposal here.  Our team will send a tax proposal from our tax proposal software within 24 hours.
  2. Sign the tax proposal.
  3. During onboarding for taxes, you will be able to select our tax-ready bookkeeping service to get you caught up for 2024.
  4. If you would like monthly or quarterly bookkeeping services starting in January 2025, request a quote.

FAQ Section: Your Questions, Answered

We’ve compiled answers to some of the most common questions about choosing a bookkeeping method for tax season. If you don’t see your question here, feel free to reach out—we’re happy to help!

Q: Can I use this service for multiple years of bookkeeping?
A: Our Tax-Ready Bookkeeping Service is designed for one tax year. If you need help catching up on multiple years, contact us for a custom solution.

Q: Can I use this service if I have someone else complete my taxes?
A: Our Tax-Ready Bookkeeping Service is only available to clients who use our tax preparation service. We do not offer it to clients who do their own taxes or have their taxes prepared elsewhere.

Q: Do I have to pay for bookkeeping if I don’t want to?
A: Not necessarily. You can choose the Do It Yourself option and complete the Business Tax Worksheet accurately and without errors. Alternatively, you can submit bookkeeping prepared by your own bookkeeper, as long as it meets the Bookkeeping Readiness Checklist standards. As long as your records comply with IRS standards and require minimal adjustments, there won’t be any additional bookkeeping charges.

Q: Why isn’t bookkeeping included in my tax pricing?
A: Bookkeeping is a separate service because every business’s bookkeeping needs are unique. However, we include a One Hour Tax-Readiness Bookkeeping Review as part of our tax services to ensure your records are ready for tax filing.

Q: How is the tax-ready bookkeeping service different from your normal monthly bookkeeping service?
A:  Our Tax-Ready Bookkeeping Service is focused specifically on preparing your financials for tax filing, providing simplified year-end journal entries, and ensuring compliance with IRS requirements. In contrast, our Monthly Bookkeeping Service offers comprehensive, ongoing support, including detailed transaction tracking, monthly financial statements, and key eCommerce performance metrics to help you manage and grow your business throughout the year.

For a more detailed comparison of both services, please visit this page.