Every business organization wants to focus on building their business. Maintaining accurate and complete books is critical in making important management decisions for business growth and sustainability. Unfortunately, this very critical element is so easily relegated to the background due to the various pressures businesses face.
Provide good service and effective solutions by taking the time to listen to your needs.
Core Bookkeeping Solutions was established to provide you with an end to end bookkeeping service, taking you from where you are to where you ought to be.
Maintain and reconcile the General Ledger and subsidiaries: Accounts Receivable, Accounts Payable and Payroll transactions
Generate financial and managerial reports. Produce customized Board financial reports that will drive decision making and strategic planning.
Develop annual budget that is aligned to the business goals. Generate budget to actual comparisons per categories and provide trends and variances for planning and decision making.
Develop customized cashflow tool that is in alignment with business goals. Track and manage cash inflow and outflow. Develop revenue analysis, models and trends to enhance strategic planning for operational sustainability .
Year end close, Independent Contractor 1099 filing, Employee W2 filing, Tax Return filing, Tax Return Extension filing, Audit preparation.
Independent contractors are issued a Form 1099-NEC for compensation paid. Deadline to mail Form 1099 to both the receipient and the IRS for 2026 is January 31, 2026.
Employees are issued a Form W2 for wages earned. Deadline to mail Form W2 to both the receipient and the IRS for 2026 is January 31, 2026.
Tax filing is required of all businesses. Tax forms depend on the type of business: Form 1120 (Corporations), Form 990 (NonProfit), Form 1065 (Partnerships), Form 1040 (Sole Proprietor) etc
Business Tax filing deadline for C-Corporations and Sole Proprietors operating in a calendar year is April 15, 2026 while S-corporations deadline is March 16, 2026. For non-profit organizations, best industry practice is to file the Form 990 within 6 months of fiscal year end of the business.
Some businesses undergo an annual financial audit of their records. The audit typically is scheduled to commence about 3 months after the end of fiscal year of the business. So audit preparation kicks off as soon as the annual books of records are closed
Please call us today with questions you might have or to engage us to solve your most pressing bookkeeping challenges