Your accountants are just a click away…We specialize in helping small, medium, nonprofits and start-up businesses get their finances organized. JFW Accounting Services, LLC is an outsourced professional Certified Public Accountant (CPA) firm, providing accurate and reliable accounting services at an affordable price. We work closely with our clients to deliver practical, relevant support and advice specific to their personal and business needs. An accountant is an important member of your business team and we focus on building meaningful relationships with our clients. JFW Accounting Services, LLC provides accountants who are interested in both your personal and professional financial success. Our staff has extensive business experience with a broad knowledge base. What role do you need your accountant to play in determining the success of your business? We will work in partnership with you to design an accounting solution that works best for your organization's needs and budget. In delivering our services, we always leverage the best technologies, and strive to empower you and your staff with working knowledge of those technologies.
It's vital to have not only an accountant on your team but the right accountant! Jo-Anne Williams-Barnes CPA, MBA, MA Director
JFW ACCOUNTING SERVICES, LLC P.O. Box 2721 Upper Marlboro MD 20773 ph: 301-684-3932 | c: 240-355-3539 f: 240-573-3547 e: firstname.lastname@example.org www.Jfwaccountingservices.com facebook: JFW Accounting Services twitter: @JFWACCOUNTING
A Professional, Prompt, & Courteous Accounting Service Provider
While each client presents a unique situation, our services fall generally into two categories: Annually-Whether you maintain your accounting records manually with written documents or in excel; electronically with QuickBooks, or with any other form of record keeping, provide us those records and we will provide you with the financial information necessary to prepare your business financial statements and tax returns. Quarterly or Monthly-We will work with you to design and implement the best possible accounting system; whether it's through a software program such as Quickbooks or a web-based system to allow anytime/ anywhere access to your information. In addition to payroll, each month we can reconcile your bank accounts; compile financial information; make necessary accounting adjustments; prepare financial statements, and provide an objective professional analysis of ways to improve your operations. Whatever services you choose, your financial information will be ready at year's end for your business tax returns.
Key Features of our Bookkeeping Service include: • • • • •
Sales and Purchases processing Tracking of aged debtors and creditors Bank Reconciliations Cost center reporting Monthly General Ledger, P&L Trial Balance, Balance Sheet
Our fees are flexible as all services are tailor made to meet your requirements.
Having accurate management accounts will give you the information necessary to make informed business decisions, help you manage your cash flow efficiently
and identify trends in your business that will help move your business forward. Included in our Management Reporting Pack: • Operating Statement which compares budget to actual, previous month and year to date • Balance sheet with accompanying notes • Cash Flow statement • Details on administration and direct costs • Key Performance Indicators • Statement of Functional Expenses, Position and Activities (Non-Profits)
Preparing for year-end can be a time consuming task. We can prepare the following: • Year-end financial statements for audits • Lead schedules of Balance sheet accounts and other schedules in preparation for audits We will work closely with your auditor to ensure smooth completion of your audit.
The Internal Revenue Service (IRS) requires several different types of 1099 forms. You are responsible for the processing of 1099-Misc forms and reporting payments made to the certain vendors. Following the IRS guidelines, we do not report payments made to vendors that total less than $600 for the year. We also do not report the following types of payments made to vendors: • Payments for goods • Payments to corporations (unless medical or attorney payments) • Expense reimbursements • Payments to foreign nationals/visitors (reported by Payroll on a form1042S) We do report payments for service, which include, but
are not limited to: • Independent Contractors • Speakers/lecturers • Rental payments (housing, equipment, etc.) • Attorneys • Other Income Payments
Get set up with the correct payroll provider and don't waste valuable time or money. We can help you get your payroll set-up correctly from the start. • • • • •
Payroll provider set-up 1099/W-9 tracking and preparation Payroll tracking and reconciliation General payroll questions answered QuickBooks payroll
Our goal is to provide all our clients with a customized individual service, accurate reporting and a fast turnaround time; all at a competitive rate.
Tax Services 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 you may be entitled to. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.
Books A Mess...No Problem
If you own a small business and haven’t kept up your bookkeeping, there is no need to worry. We can help you. We will prepare your bookkeeping for the year, a full Schedule C, as well as your personal income tax return. We can assist in setting up an easy system that allow you to keep your books in tip-top shape for the following years to come. 990 Tax Preparation