Frequently Asked Questions
How much do your services cost?
Our pricing is tailored to the specific services you need. Every client is unique, so we offer customized pricing based on factors such as the complexity of your bookkeeping or tax situation. To get an accurate quote, we recommend scheduling a consultation where we can discuss your needs and create a plan that works for you.
Can you help with estimated taxes?
Yes! We specialize in helping independent contractors manage estimated tax payments. We’ll calculate your quarterly tax payments and ensure you stay on track to avoid penalties or surprises at tax time.
How can I book a consultation with you?
Booking a consultation is easy! Simply visit our Contact Us page, fill out the form, or call us directly. During the consultation, we’ll discuss your needs, answer any questions, and create a customized plan for your financial success.
Do you offer virtual services?
Yes! Starrany Financial provides virtual bookkeeping and tax preparation services, so you can access expert support no matter where you are. We use secure platforms to ensure your information is protected and accessible.
How do you keep my financial information secure?
We take data security seriously. Starrany Financial uses secure platforms and industry-standard encryption to protect your sensitive information. Whether we’re managing your books or filing your taxes, your data is handled with the utmost care and confidentiality.
Can you help if I’m behind on my bookkeeping or taxes?
Absolutely. Whether your books are out of date or you’ve missed a tax filing, we specialize in getting everything back on track. We’ll clean up your records, organize your finances, and work with you to ensure compliance moving forward.
Bookkeeping Frequently Asked Questions
What is bookkeeping, and why is it important for my business?
Bookkeeping is the process of recording, organizing, and managing financial transactions for your business. It’s important because accurate bookkeeping ensures you have a clear picture of your finances, helps you make informed decisions, and keeps you compliant with tax regulations. Without it, you risk penalties, missed opportunities, and financial stress.
What is the difference between bookkeeping and accounting?
Bookkeeping involves recording and organizing financial transactions, while accounting focuses on interpreting and analyzing that data to create financial reports and strategies. Bookkeeping is the foundation that supports accurate accounting.
What is your monthly bookkeeping service?
Our monthly bookkeeping services include:
Expense and income tracking.
Bank and credit card account reconciliation.
Generating financial reports (profit & loss statements, balance sheets, etc.).
Accounts payable and receivable management.
Ongoing support to address your financial questions and needs.
How often is Bookkeeping done?
Bookkeeping should ideally be done monthly to keep your financial records up to date-and accurate. Regular updates ensure you can monitor cash flow, make informed decisions, and avoid surprises during tax season.
Do I need Bookkeeping Pro?
If you’re spending more time managing finances than growing your business, missing out on deductions, or feeling overwhelmed during tax season, it’s time to hire a professional. Outsourcing bookkeeping ensures accuracy, saves time, and reduces stress.
Can you clean up my books?
Absolutely! Whether your books are behind or disorganized, I specialize in cleaning up and catching up on your financial records. We’ll get everything back on track so you can focus on running your business with confidence.
Do you offer year-round support?
Yes! Starrany Financial offers year-round bookkeeping and tax support to ensure you’re always on top of your finances—not just during tax season.
Is QuickBooks Required?
Not necessarily. While QuickBooks is a powerful tool that we recommend for bookkeeping, we can work with other systems or guide on setting up QuickBooks to suit your needs.
What is electronic bookkeeping?
Electronic bookkeeping involves using cloud-based software like QuickBooks to manage your financial records. With Starrany Financial, your data is securely stored, easily accessible, and always up to date. This ensures real-time insights and streamlined collaboration.
Can you help me understand my financial reports?
Absolutely! We don’t just provide reports; we help you understand them. Whether it’s a profit and loss statement or a balance sheet, we’ll explain the numbers in clear terms so you can make informed decisions about your finances.
Tax Preparing Frequently Asked Questions
Who can benefit from your tax preparation services?
Our tax preparation services are tailored for:
Individuals: Simplifying your tax filing and maximizing deductions.
Independent Contractors: Helping you manage 1099 income and quarterly taxes.
Small Businesses: Ensuring accurate tax filings, minimizing liabilities, and staying compliant with tax laws.
How do you help independent contractors with their taxes?
We specialize in supporting independent contractors by:
Managing 1099 income.
Calculating and filing quarterly estimated tax payments.
Identifying deductible expenses like home office costs, mileage, and equipment.
Ensuring compliance while minimizing your tax liability.
Can you handle multi-state tax filings?
Yes, we are experienced in handling multi-state tax filings for individuals, independent contractors, and small businesses. We’ll ensure compliance with each state’s specific tax regulations.
Do you electronic tax files?
Yes, Starrany Financial provides secure and efficient electronic filing (e-filing) for all tax returns. E-filing ensures faster processing times and reduces the likelihood of errors, helping you stay compliant with ease.
Can you create and file 1099s for my business?
Yes, we can create 1099s for your contractors or vendors and file them directly with the IRS. We offer flexibility based on your needs:
We can provide paper copies for you to distribute or mail.
Alternatively, we can handle the mailing on your behalf to ensure timely delivery.
Discover how our services can transform your finances.
Contact us today
info@starranyfinancial.com
(734)402-7777
Hours:
Monday - Friday
9:00 AM - 6:00 PM EST
Saturday: By Appointment
Sunday: Closed
