Bookkeeping Services
As a small business owner you have more important things to do than to keep your own books. DeVine & Associates, LLC can take care of your books for you, so you can get back to the job of running your business and generating profits! We will also reconcile your bank accounts every month, handle your accounts receivable (billing and collections), and accounts payable (bill payment service).
If you have the time and prefer to handle your own books, we can set up an accounting system for you, whether it be a manual system or QuickBooks®.
Financial Statement Preparation
DeVine & Associates, LLC will prepare your GAAP or Tax Basis financial statements for management, government, creditor or bank financing purposes. In compiling financial statements for a client, we present information that is the “representation of management” and “express no opinion” or assurance on the statements. Compilations don’t require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business.
We also can customize various management reports to help you make better business decisions.
Payroll Administration
When it comes to paying employees, employment laws and the IRS have made the payroll function a time consuming nightmare for the small business owner.
Small business owners spend an average of eight hours a month performing payroll functions. That’s 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers.
DeVine & Associates, LLC offers payroll solutions that meet your business’s needs and enable you to spend time doing what you do best — running your company. Use your staff more efficiently by letting us handle payroll and the associated legal details. Reduce overhead by removing the need to hire specialized employees.
We offer two custom payroll processing options:
1. Comprehensive Payroll Services
Our Comprehensive Payroll Service takes care of all of the payroll processing for you, so that you won’t have to. You get…
- Your payroll checks prepared and printed on-time, every-time.
- Direct Deposits
- Worry Free IRS and State tax reporting as well as EFTPS tax deposits.
- User friendly, and easy to understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3 and 1099 forms.
- Detailed reports on your employee’s vacation, sick days, and personal days accruals.
- Creation and filing of the required new hire reports.
- Your payroll records maintained in tip top shape.
2. After-the-Fact-Payroll Services
We will take your manually-prepared payroll records and other payroll information and post this information to our data files, so you get…
- Worry Free IRS and State tax reporting as well as EFTPS tax deposits.
- User friendly, and easy to understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3 and 1099 forms.
- Detailed reports on your employee’s vacation, sick days, and personal days accruals.
- Creation and filing of the required new hire reports.
- Your payroll records maintained in tip top shape.
- Bank Financing Assistance
Need money to grow your business?
Requesting a business loan without adequate preparation sends a clear message to the lender: High Risk! Therefore, it pays to be prepared and organized in your approach for financing.
Put your best foot forward by allowing DeVine & Associates, LLC to prepare a winning loan proposal for you.
New Business Formation / Start-Ups
Thinking of owning your own business?
Opening your own business is exciting and thrilling. It’s everything that comes after the excitement and thrill has dried up that dictates whether a small business will make it or not. It’s up to you to maintain and stretch out the “excitement and thrill” period forever.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. DeVine & Associates, LLC helps you avoid the common pitfalls that many new small business owners make when starting their new venture.
Let us get in on the ground floor with you by guiding you through entity selection, bank financing, filing the appropriate regulatory forms on time, record-keeping requirements, tax strategies and obligations, and employer responsibilities.