Let The Numbers Tell The Story of Your Business
Your One-stop Source For Small Business Bookkeeping & Tax Services
“Accounting is the language of business”
Warren Buffet
I understand the many responsibilities that comes with operating a business. This is why I offer small business bookkeeping services, in addition to tax services. I understand the frustration business owners experience at tax time when their books are not in order. The stress when trying to recap transactions that have not been recorded throughout the year is real.
Business owners should be free to focus on doing what they love, which is serving their customers.
Gain back an extra hour or two in your day by applying valuable business strategies from a trusted industry professional. Consider the benefits of outsourcing functions that are outside of your expertise. You will be better positioned to grow and scale your business and keep up with customer demands.
No more skipping family vacations, your child’s soccer game, recital or fun time with friends. Most important of all, no more burning of the midnight oil by shuffling through receipts. I will keep your books and financial records up to date with the highest level of accuracy.
You can breathe easier, knowing that your businesses finances are in good hands.
From setting up your accounting systems, including the chart of accounts to preparing financial reports, business owners can rely on expert service by a professional with a wealth of industry experience. Expertise with various software and systems is an added plus for you, our clients.
We stay updated with technology and industry trends to serve you better.
SLS Accounting & Business Consulting Services will partner with you to develop and implement a winning strategy for success. Your time is precious and after all, you did not go into business to do accounting and taxes, leave that to the professionals.
When it comes to tax time, just think of the ease to file your individual or business returns when all your books and records are in order. Since sole proprietors and single member LLC owners report business income on their individual returns. This means that your Schedule C must be accurate. If not, the inaccurate reporting can cause overpayment or underpayment of taxes.
About The Founder
Sherma L. Stewart, is the Founder and CEO of SLS Accounting & Business Consulting Services, which offers Accounting & Bookkeeping; Business Advisory; Tax Planning; Tax Resolution and Tax Preparation Services.
Ms. Stewart is a graduate of Monroe College. She received her BBA in Accounting, and then went on to pursue her graduate education at the King Graduate School of Business, attaining her MBA in Business Management.
After many years of service in this highly respected field, she has a wealth of knowledge to offer through her Business Coaching and Advisory Services.
You can expect the best of knowledge and industry experience combined with passion!
It is often said that the money is the lifeblood of the organization. Without accurate or reliable numbers, it is quite difficult to make sound business decisions. Knowing the difference between and expense and a capital asset, so that you can record it correctly is important. You may choose to keep your own books but seeking a periodic review can be your wisest decision.
To learn more visit my services page. https://slsaccountingsvcs.com/services/ Subscribe by clicking on the signup button or on the link below to receive updates on current industry trends and helpful tips to improve you business operations. Book now for a free consultation!
As a Certified QuickBooks ProAdvisor, excellence and professionalism is the standard.
Frequently Asked Bookkeeping questions
How do I pay myself as a Sole Proprietor?
Businesses operated as Sole Proprietorships or formed as Single Member LLC’s and Partnerships, generally pay themselves in the form of an “owner’s draw” since they are considered “Pass Through Entities”
Do I have to submit receipts for expenses to the IRS?
It is important to track all of your spending so that you are able to take advantage of eligible tax deductions. Receipts are not required to be submitted with the tax return but if asked for supporting documents by the IRS or State, you will need to produce them.
Do I have to file a separate business tax return if I am a Sole Proprietor or Single Member LLC?
As a “pass-through” entity, business owners of sole proprietorships and single member LLC’s, will prepare a Form Schedule-C, when filing their tax returns. This reports profit & loss from business activities. The net income or loss will be transferred to their individual return. (form 1040).