Who This Is For
- Businesses that work with a CPA for tax preparation
- Companies that want organized year-end records
- Businesses that need help closing out the year
- Owners who want to minimize CPA fees with clean books
Why This Matters
Your books aren't closed out at year-end, making tax prep difficult
Your CPA spends hours organizing your records, increasing fees
You don't know what your CPA needs or how to prepare it
Year-end adjustments and reconciliations aren't done
Your records are disorganized and incomplete
You're scrambling at tax time to get everything together
What You'll Receive
Year-end account reconciliation and closing
Year-end adjusting entries and corrections
Preparation of year-end financial statements
Organization of all tax documents and records
CPA-ready package with all necessary information
Supporting documentation and explanations
Coordination with your CPA for questions or clarifications
Optional Add-ons
How It Works
We review and reconcile all accounts for the year
We make necessary year-end adjustments and corrections
We prepare year-end financial statements and reports
We organize all documents and create a CPA-ready package for handoff
Why FLR
We understand what CPAs need for efficient tax preparation
Our organized handoff saves your CPA time and reduces your fees
We catch issues before they reach your CPA
We give you confidence that your year-end is handled correctly
What Happens After Setup
With year-end close and CPA handoff, your books will be properly closed, all records will be organized, and your CPA will have everything they need. This saves time, reduces CPA fees, and ensures your tax return is prepared accurately and efficiently.
Frequently Asked Questions
Is this included in monthly bookkeeping?
Basic year-end close is often included in monthly bookkeeping. Comprehensive year-end close with detailed CPA handoff preparation is a premium add-on service.
What exactly do you prepare for my CPA?
We prepare year-end financial statements, organize all tax documents, reconcile all accounts, make necessary adjustments, and create a comprehensive package with everything your CPA needs for tax preparation. This includes supporting documentation and explanations.
Do you file my tax return?
No, we do not file tax returns. We prepare your books and records for your CPA, who handles the actual tax return preparation and filing. We coordinate with your CPA to ensure they have everything they need.
When should year-end close be done?
Year-end close is typically done shortly after the end of your fiscal year, usually in January for calendar-year businesses. We'll work with you and your CPA to ensure timing aligns with tax preparation deadlines.
What if my CPA finds issues?
We coordinate with your CPA to address any questions or issues they find. If adjustments are needed, we'll make them and ensure your books are corrected. Our goal is to catch issues before they reach your CPA, but we're here to support the process.
Can you help with tax planning?
We can provide basic tax planning recommendations based on your financial results. For detailed tax planning and strategy, you'll want to work directly with your CPA or tax advisor.