Accounting Solutions

From start-up to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Five Star Accounting and Tax Solutions accounting solutions steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as accounting system setup and tax planning. Our goal is to make you a better informed business person. Accounting is the language of business, it is our responsibility to provide you with information you understand and can apply in your business decisions.

These services include:

- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annually)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Corporate tax planning and return preparation

Bookkeeping/Write-up

We provide out-sourced bookkeeping services eliminating the need to hire and train additional staff for your office. This saves you both time and money by reducing your employment costs and the time it takes to train your staff in accounting matters. Our out-sourced bookkeeping services include but not limited to:

- Data entry of your business transactions
- Conversion of the data entered into an accounting format
- Reconciliation of all bank, credit card, lines of credit, and loan accounts

Payroll

Five Star Accounting and Tax Solution's payroll solutions help you reduce and/or eliminate the time spent on administration of payroll. With our computerized payroll system, we are able to facilitate paycheck calculations, direct deposits, timely payments, and tax returns. Our payroll solutions include:

- Comprehensive Payroll Processing
- Direct Deposit and Check Printing Options
- Payroll Tax Administration
- W2, W3, 1099, and 1096 Processing
- Electronic filing of Forms 941, 940, and Florida Unemployment UCT-6
- Payroll Tax Deposits
- New Hire Reporting
- Social Security Number Verification

Tax Preparation

Five Star Accounting and tax preparation solutions provide electronic filing of most federal and state income and payroll tax returns. We are an authorized IRS e-file provider. Our tax preparation solutions include:

- C-Corporations
- S-Corporations
- LLCs
- Partnerships
- Sole Proprietorships
- Non-Profit Organizations
- Individuals
- Sales Tax Returns
- Payroll Tax Returns
- Tangible Personal Property Tax Returns

QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup, and use it properly. We are trained Certified QuickBooks Pro Advisors, we don't just help you use the software, we help you use it more efficiently and more effectively.

Five Star Accounting and Tax Solutions offers the following solutions to help meet your QuickBooks needs:

Personal Training- We train you personally. Either one-on-one or several individuals within your organization at your company's location.

Installation- We install QuickBooks on your stand alone computer or in a network environment, in either in a single or multi-user environment.

Setup- We assist new QuickBooks users with initial setup including the Interview process, Preferences, Lists, Customers, Vendors, Employees, Banking, and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.

Support- Our QuickBooks support service can assist when you are struggling on a QuickBooks issue. We can remotely login to your computer and make necessary changes while you watch.

Review- Our QuickBooks review solution helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts, and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments, or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

Business Start-Up Solutions

Five Star Accounting and Tax Solutions business start-up solutions assist you in the formation of your company. While we are not attorneys, we can advise you on the best entity type for your business needs. We can also assist you in the preparation of the following:

- Articles of Incorporation/Organization
- Federal Tax ID Number Application
- Florida Sales and Use Tax Application
- Florida Unemployment Tax Application
- Your election to become an S-Corporation
- Company by-laws