Industries Served

Our clients operate in a number of industries. Some of our specialties include:

Hospitality

Hospitality accounting and tax have some unique aspects that require specialized knowledge and experience. These include tracking revenue and expenses associated with lodging, food and beverage, and other services provided by hotels, resorts, and other types of hospitality businesses. Additionally, there are specific tax laws and regulations that apply to the industry, such as sales and use taxes, lodging taxes, and payroll taxes.

Retail

Retail businesses have unique accounting and tax considerations due to the nature of their operations. These include tracking inventory, calculating cost of goods sold, and properly classifying income and expenses for sales tax purposes. Additionally, retail businesses may have to deal with sales tax compliance in multiple states if they have physical locations or sell products online and multi location reporting

Real Estate

Real estate accounting and tax can be complex due to the many unique aspects of owning and managing real estate properties. These include issues such as depreciation, rental income, and property tax deductions. Other challenges include determining the best way to structure and handle purchases and sales. Real estate transactions can also involve multiple parties and large sums of money, which can make the accounting and tax implications even more complex.

Construction

Construction accounting and tax are unique in that they involve various types of income, such as contract income and equipment rental income, as well as specific deductions, such as cost of goods sold and depreciation. Material costs and labor also need to be tracked closely in special accounts. Additionally, construction companies may have multiple entities and must navigate complex regulations, such as the percentage of completion method for income recognition.

Service Businesses

Service industry accounting and tax is unique in that it typically involves a large number of transactions with customers, and may involve different types of income. Additionally, service industry businesses may have different expenses than other types of businesses, such as travel and entertainment expenses. These unique aspects of the industry can make it challenging for business owners to keep accurate and up-to-date financial records, and to file accurate and timely tax returns.

Outsourcing your accounting to a firm with experience in various industries can be a great decision for your business. Not only will you have access to specialized knowledge and expertise, but you’ll also save money and see an improvement in efficiency. The team at our firm can help you navigate the financial regulations and requirements of your industry, and make sure your financial reporting is accurate and on time. Plus, outsourcing your accounting means you can focus on running your business while we handle the financial side of things. All in all, outsourcing your accounting to an experienced firm can help your business grow and thrive. Let us help you make it happen!

Hospitality

Hospitality accounting and tax have some unique aspects that require specialized knowledge and experience. These include tracking revenue and expenses associated with lodging, food and beverage, and other services provided by hotels, resorts, and other types of hospitality businesses. Additionally, there are specific tax laws and regulations that apply to the industry, such as sales and use taxes, lodging taxes, and payroll taxes.

Retail

Retail businesses have unique accounting and tax considerations due to the nature of their operations. These include tracking inventory, calculating cost of goods sold, and properly classifying income and expenses for sales tax purposes. Additionally, retail businesses may have to deal with sales tax compliance in multiple states if they have physical locations or sell products online and multi location reporting

Real Estate

Real estate accounting and tax can be complex due to the many unique aspects of owning and managing real estate properties. These include issues such as depreciation, rental income, and property tax deductions. Other challenges include determining the best way to structure and handle purchases and sales. Real estate transactions can also involve multiple parties and large sums of money, which can make the accounting and tax implications even more complex.

Construction

Construction accounting and tax are unique in that they involve various types of income, such as contract income and equipment rental income, as well as specific deductions, such as cost of goods sold and depreciation. Material costs and labor also need to be tracked closely in special accounts. Additionally, construction companies may have multiple entities and must navigate complex regulations, such as the percentage of completion method for income recognition.

Service Businesses

Service industry accounting and tax is unique in that it typically involves a large number of transactions with customers, and may involve different types of income. Additionally, service industry businesses may have different expenses than other types of businesses, such as travel and entertainment expenses. These unique aspects of the industry can make it challenging for business owners to keep accurate and up-to-date financial records, and to file accurate and timely tax returns.

Outsourcing your accounting to a firm with experience in various industries can be a great decision for your business. Not only will you have access to specialized knowledge and expertise, but you’ll also save money and see an improvement in efficiency. The team at our firm can help you navigate the financial regulations and requirements of your industry, and make sure your financial reporting is accurate and on time. Plus, outsourcing your accounting means you can focus on running your business while we handle the financial side of things. All in all, outsourcing your accounting to an experienced firm can help your business grow and thrive. Let us help you make it happen!