Tax Time Books Checkup - High Rock Accounting

What's included

Examine balance sheet accounts and look for improper balances, identify missing bank reconciliations, and ask meaningful questions to support the balance sheet

Consider fixed assets (additions/disposals, classification accuracy)

Check payroll & payroll taxes for accurate recording to the books

Look at Cost of Sales vs Inventory for reasonableness (if applicable)v

Assess retained earnings and equity as compared to the prior year tax return

Review repairs & maintenance for proper classification

Inspect the income statement for unusual or non-deductible items

Provide a summary report with adjustments, recommendations, and next steps

Follow-up consultation call to discuss findings

Plus we will give you a paper extension to file with the IRS to give you 6 more months to prepare.

Great! Now What?

We refine your accounting from the ground up. Fixing what’s broken, streamlining what works, and putting trusted oversight in place so you can move forward with confidence.

Schedule

Schedule with our team of accounting experts

Access

Grant us access to your accounting system

Answer

Answer questions and get advice

File

File your extension!

Schedule Today

Tax Timeline for Your Business

Close Your Books

After year-end, every business closes their books for the year and gets ready for filing time.

Extension Period

While the deadline for filing is March 15 or April 15 (depending on your entity type) you can apply for an automatic 6-month extension. These extensions do not increase your time to pay, but it does give you more time to ensure accurate accounting!

Tax Preparation

Your tax accountant will take a cursory look at your bookkeeping, but will not be doing a deep dive. If they discrepancies it could cost you extra hourly billing to have them research and correct the issues. The timeline can be anywhere from a few days to a few months depending on if all the information is provided and the backlog of clients ahead of you.