Bookkeeping and Controller Services for Small Business

Bookkeeping is crucial for small businesses as it enables effective financial management, compliance with tax requirements, evaluation of business performance and future planning among other things.

Magic City CPA will classify your company’s transactions on a monthly basis to ensure your books are complete, accurate and well organized.

The purpose of closing your company’s books is to ensure accurate financial reporting, monitor performance, identify errors, comply with regulations, manage cash flow effectively and simplify annual reporting processes.

This promotes financial transparency, enables informed decision-making, and contributes to the overall financial health and success of the business. Magic City CPA will close your company’s books on a monthly or quarterly basis to ensure all transactions are complete and accurate.

Leveraging tax projections and utilizing strategies help small businesses effectively manage their tax obligations, optimize their tax positions, and make informed financial decisions.

Magic City CPA analyzes your unique circumstances to tailor tax strategies that work for you. These projections aren't just a one-time assessment, either. To ensure you're always in the most advantageous position, I reassess and update your tax projections throughout the year, keeping you informed every step of the way.

Magic City CPA will provide assistance with 1099 reporting, annual business privilege and property tax filings and any IRS requests.

If you want to seek a tax penalty relief due to a first time abate or administrative waiver or file an extension, we can assist you with it too.