Our Services
Bookkeeping & Accounting
Your financial records deserve precision and clarity. Our professional accounting and bookkeeping services empower you to make informed business decisions with confidence. Let us handle the numbers, so you can focus on what matters most...growing your business.
Bookkeeping
We ensure that you have an accurate, up-to-date financial history, which is crucial for tax reporting, informed decision-making, and maintaining overall financial health. Recording financial transactions, reconciling accounts and preparing your financial statements can be done monthly, quaterly or annually.
Forensic Bookkeeping
We have years of experience specializing in assisting clients with unreconciled books from prior years. Our team creates a solid chart of accounts, reconciles all relevant accounts and provides financial statements that clearly reflect your accurate financial position.
Accounting
LFC Accounting analyzes and interprets the financial data after the bookkeeping is complete. We use this information to provide strategic financial guidance, prepare internal management reports, and file tax returns.
Forensic Accounting
Our team can review previously prepared books and financial statements to determine the potential issues for businesses going forward.
This also helps in preparing delinquent tax returns and resolving filing status issues with relevant agencies.
Tax Preparation
Welcome to our tax preparation services, where we prioritize compliance with laws while optimizing your tax outcomes. Our dedicated team is here to guide both individuals and businesses through the complexities of tax regulations, ensuring you maximize your benefits. Let us take the stress out of tax season and help you achieve financial of mind.
Individual Tax Preparation
Our tax preparation services assist individuals in preparing and filing their tax returns. We pride ourselves in providing a customized service experience to ensure accuracy, maximize deductions, and remain compliant with federal and state tax laws.
Sales Tax
Our dedicated team is here to simplify the Sales Tax Filing process for your business. We handle the filing and submission to the relevant authorities based on the location of each sale. This ensures you meet your sales tax responsibilities on commodities and services as mandated by state and local governments.
Business Tax Preparation
Let us navigate the complexities of business tax requirements with our expert guidance. Our in-depth knowledge of the latest tax laws ensures your business remains compliant while maximizing available deductions and credits.
We cater to all entity types, including sole proprietors, LLCs, S-Corps, C-Corps, and trusts.
Tax Resolution Services
We specialize in offering expert guidance and advisory tax resolution services. If you've received a notice from the IRS or a state tax authority, or if you need help with late return filings and managing back taxes, we're here to assist. Whether your tax returns involve multiple income sources or handling complex, multi-state situations, you can count on us for support.
Tax Planning
Tax planning involves coordinating various financial strategies to minimize tax liabilities. Proactive planning includes managing income and deductions, making strategic retirement contributions, and reviewing investments and charitable giving before the end of the year.
Individual Tax Planning
We specialize in identifying effective tax planning strategies to help individuals and families maximize their tax savings. With each tax year bringing fresh laws and new challenges, we are committed to navigating these changes to secure the most favorable outcomes for our clients.
Business Tax Planning
We will collaborate with your business to create a tax plan tailored to maximize benefits for your organization. Trust us to navigate the complexities of tax planning with expertise
and commitment. Your financial success is our priority, and we're here to support you every
step of way.
Support for QuickBooks
We offer comprehensive support and training for QuickBooks software and tax products to streamline your financial processes.
Support for Quickbooks
With our extensive knowledge in bookkeeping and accounting, we cater to individuals and businesses of all types and sizes. Our dedicated team is here to guide you in maximizing the potential of QuickBooks, ensuring that you can confidently make sense of your financials. Trust us to support you every step of the way!
Training for Quickbooks
Unlock your accounting potential with our QuickBooks training! We offer tailored sessions for both individuals and businesses, no matter the size or type. Schedule a remote session with our knowledgeable team and take charge of your financial future today!
Business Services
We provide essential advice and guidance to help businesses get started and implement the right solutions to achieve their goals.
Business Entity Formation
Let us help you establish the ideal business entity for your new venture. With our expertise, we guide start-ups to ensure they choose the right structure and handle all necessary documentation with the appropriate agencies. Let us set you on the right path to success!
Accounting Software Platforms
Our team is here to provide you with the right software solution tailored to your company's needs. We understand the complexities of organizational requirements, from payroll setup to integration with third party platforms. With our expertise, we’ll ensure you're up and running smoothly in no time.
Client Advisory Services
Our Advisory Services focus on empowering our clients to reach their objectives, whether it’s reducing taxes, accumulating wealth, or boosting business profits.
Basic Bookkeeping
Bookkeeping is the starting point of accounting. Every business, no matter its size, must have accurate and up-to-date financial records before performing other advanced accounting tasks.
Our team can handle your bookkeeping to generate the insights that you build your
business around.
Financial Statement Preparation
Financial statement preparation is a fundamental service offered by LFC Accounting. This process includes the preparation and presentation of key financial records that encapsulate a business's financial position and performance. These statements are crucial not only for internal management but also for external stakeholders and regulatory compliance, playing a vital role in the overall success of your business.
Sales Tax Filing
Our dedicated team is here to simplify the Sales Tax Filing process for your business. We handle the filing and submission to the relevant authorities based on the location of each sale. This ensures you meet your sales tax responsibilities on commodities and services as mandated by state and local governments.
Bill Payments
Our firm also offers bill pay as a service to assist our clients and increase financial control. Bill paying involves scheduling bill payments, processing invoices, and managing vendors.
Collecting Receivables
This involves creating invoices, monitoring payment due dates, contacting the client’s customers to collect payments, and negotiating payment arrangements with those having difficulties paying.
Virtual Controller Services
Our virtual controller services offer comprehensive remote financial management tailored to your needs. We focus on day-to-day financial operations, ensuring accurate reporting and compliance. From documenting purchases and receipts for bookkeeping to tracking and collecting payments from customers.