Got Questions for Acorn Accounting?

FAQ

FAQ

Frequently Asked Questions

Bookkeepers record when your company pays, receives, or owes money. They tend to hold an associates degree in bookkeeping or are self-trained numbers people. CPAs possess a special license and typically work with large-scale businesses on taxes, dividends, or shareholders, to report for their investors. Accountants have a varying degree of education but tend to hold at least a Bachelors degree in Accounting.  They have an in depth skills related to forecasting, cash flow, and budgeting that go beyond data entry into a system. An Accountant can be your best trusted advisor for a small business because they have the expertise in accounting so that you can stay on track financially.
 
 

Monthly cost will depend upon your business’s specific needs.  Accounting support costs less than you might think, especially if it increases the time you can focus of growing your business.

We’re a small firm which means you receive personalized attention.  I have degrees in Accounting which means you skilled attention on your business financials.  My experience in corporate finance gives me the experience to guide you in budgeting and forecasting for your business’s growth.
Great question!  I recommend:
1)  Talk to a legal professional about the best business entity for your business.
2)  Maintain business banking, credit card, and loan accounts that are separate from personal accounts.  
3)  Keep your receipts and appropriate documentation to support the expenses as business expenses.
4)  Review your financials on a regular basis.
5)  Automate when possible.

We refer tax services to some stellar local tax preparers. You will find that after you use our Accounting services, that you will save money at Tax Preparation time because the CPA / tax preparer will  the information they need to file your return to the IRS.

Acorn Accounting uses QuickBooks Online and Xero accounting software; both of these platforms are cloud based.

We serve a variety of industries. Currently, we serve small and medium size businesses in these sectors:

  • Professional Services
    Cryptocurrency
    Medical
    Biotech
    Mining
    Bankruptcy
    Family Owned Businesses