Small business accounting & bookkeeping

 

Small Business Accounting

As your financial advisor, Li & Zheng CPA provides comprehensive accounting services and targeted financial advice with the goal of helping our small business clients succeed. You can count on us for traditional accounting services including bookkeeping, financial statements, and budgeting, but we offer so much more. We'll identify solutions for preserving resources, reducing your tax burden, and streamlining your accounting procedures.

 

Incorporation Services

Li & Zheng CPA, will work with new and developing businesses to help simplify business formation and incorporation procedures.

 

As a new small business owner, you're responsible for making many financial decisions that can have a potentially positive or negative impact on your success. Selecting the best structure for your business is one of the most important choices you need to make because choosing the wrong entity type could cause you to lose a big chunk of your profits to taxes. We provide professional guidance on selecting the correct entity type. We have extensive experience to help you determine the best business structure for your specific circumstances whether it be a corporation, LLC or partnership.

 

We can form your business in any of the 50 states. We will guide you in selecting the appropriate state based on your specific circumstances.

 

Part-time CFO services

We will work with your business to customize our CFO and controller services so you will only pay for the services you need. With the guidance and support of a professional financial manager, you will begin to make better business decisions, clarify your business plans and free up valuable time to grow your business.

 

Our outsourced controller/CFO services include:

 

• Bookkeeper and accountant Assistance
• Bank Reconciliation
• Tax planning and preparation
• General ledger maintenance
• Strategic planning and forecasting
• Financial reporting and analysis
• Profit improvement
• Cash flow planning and analysis
• Accounts payable and accounts receivable
• Payroll and sales tax
• Liaison with outside CPA, attorneys, bankers and other consultants