CPA Services for Professional & Service-Based Businesses
Professional service businesses depend on accurate records, consistent billing and collection information, clear cash-flow visibility, and coordinated business and owner tax planning.
Taylor Montgomery, CPA provides tax, bookkeeping, financial-reporting, and advisory support for professional firms, service companies, and growing owner-led businesses.
Bookkeeping and Month-End Accounting
Reliable bookkeeping and month-end accounting help owners understand revenue, expenses, receivables, cash flow, and the amount available for upcoming obligations.
- Bank and credit-card reconciliations
- Revenue and expense classification
- Accounting cleanup
- Month-end review and adjustments
- Financial statements and supporting schedules
Business and Owner Tax Support
Taylor can coordinate eligible business and individual tax filings, estimated payments, and proactive tax planning. This connected approach helps owners understand how business results affect personal tax obligations.
Financial Reporting and Advisory
Financial reporting and accounting advisory can help owners monitor profitability, staffing costs, utilization, collections, and cash flow. Special-project advisory may include variance analysis, process improvements, accounting-system questions, audit readiness, and defined financial projects.
Businesses That May Be a Fit
Support may be appropriate for consultants, agencies, legal and professional practices, architects and engineers, independent professionals, and other service-based businesses. The specific scope depends on the business model, records, transaction volume, and reporting needs.
Cash Flow, Billing, and Profitability Visibility
A profitable professional practice can still experience cash-flow pressure when billing, collections, staffing costs, owner payments, and tax obligations occur on different schedules. Current receivables information, consistent expense classification, and useful month-end reporting can help owners see how revenue is converting into cash and where margins may be changing.
Owner Compensation, Distributions, and Estimated Taxes
The accounting and tax questions facing an owner depend on the entity structure, payroll and distribution activity, profitability, withholding, and other income. Within the agreed scope, Taylor can help coordinate business records with owner-level estimated payments and tax planning without promising a particular tax result.
Multi-Entity and Growth-Stage Reporting
Firms adding owners, employees, locations, service lines, or related entities may need clearer supporting schedules and reporting processes. Defined advisory work can include account cleanup, reporting improvements, variance analysis, system questions, or other accounting projects tied to the firm’s growth.
Direct CPA Support
Clients work directly with Taylor. The engagement agreement defines responsibilities, deliverables, timing, and fees before services begin.
Frequently Asked Questions
What types of professional and service businesses may be a fit?
Potential clients include law firms, consultants, agencies, architects, engineers, healthcare professional practices, independent professionals, and other owner-operated service businesses. The scope depends on the business model, records, and requested services.
Can you provide ongoing bookkeeping and month-end accounting?
Yes. Services may include reconciliations, transaction classification, cleanup, month-end adjustments, financial statements, and supporting schedules.
Can business accounting be coordinated with tax planning?
Yes. When current business records are available and reliable, they can support estimated-payment calculations and proactive business and owner tax discussions.
Can you help a growing firm improve its financial reporting?
Potentially. The engagement may address reporting processes, account structure, month-end close, supporting schedules, profitability visibility, variance analysis, or defined system and accounting questions.
Do you work remotely with professional service firms?
Yes. Accounting, tax, and advisory work can generally be provided remotely using agreed systems and secure document-sharing procedures.
Let’s Talk About Your Business Accounting Needs
Tell Taylor what type of accounting or tax support you are looking for, and she will let you know whether the requested service appears to be a good fit.