It is easy to become overwhelmed when managing your own financial books. The good news is, there is help available. Individuals and businesses alike benefit from working with experienced professionals who oversee their accounting and bookkeeping processes.
Hiring a full-time staff accountant or bookkeeper is not always the best option for households or businesses on Long Island. The team at John F. Dennehy Jr., CPA provides professional accounting and bookkeeping services to meet the diverse needs of local businesses, individuals and school districts.
The Benefits of Hiring an Accounting Firm
With an array of inexpensive accounting software available for purchase, many individuals and businesses assume that working with a financial professional is not necessary. Financial software and spreadsheets are certainly valuable, but they don’t provide the same service that a trained accountant can. Managing the ins and outs of your business or personal finances is often stressful and time consuming, and making errors is common.
One vital benefit to working with an accounting firm is their ability to impart their knowledge of financial processes. While taking care of your own accounting and bookkeeping responsibilities might seem easier, a trained financial professional can help you make informed financial decisions and save you money. Here are some of the things that the team at John F. Dennehy Jr., CPA can do for you:
- Prepare you for tax season, develop an efficient tax strategy and ensure IRS compliance
- Help you decide which financial processes work best for your business or home
- Create a budget and financial projections
- Provide financial planning
- Develop a solid bookkeeping system
- Prepare and interpret financial reports
- Assist with the timing of major purchases and other important financial decisions
- Discuss retirement options
- Manage accounts payable and receivable
Making the right financial decisions for yourself, your family or your business can be difficult. The day-to-day processes of managing payments, tracking sales and dealing with financial institutions can quickly become all-consuming. There is no need to handle this burden alone or hire an expensive staff member.
It is possible to maintain a close watch on your finances, without becoming overwhelmed by managing them yourself. The professionals at John F. Dennehy Jr., CPA will lend their expertise to oversee your accounting and bookkeeping processes. Our team lives and works locally, so we understand the needs of Long Islanders. Contact us today for a free consultation and learn how accounting and bookkeeping services can benefit you.