Business Accountants Serving Durham & Chapel Hill, NC

Our business accountants have the resources, experience, and depth of knowledge to offer the following services to both individuals and businesses. We can deliver the services you need in a professional, efficient manner. Schedule an appointment with one of the professional business accountants at Gundersdorff & Co. if you live in the Durham, NC or Chapel Hill, NC area!

Things To Know When Hiring A Business Consultant

• Find out what you get for your money - Think long term when hiring an accountant. Look for someone you can trust and build a relationship with
• Do you really need a CPA (Certified Public Accountant)? - CPAs are authorized for more responsibility, such as representing taxpayers in an IRS audit
• Ask for referrals/read online reviews
• Talk to multiple accountants before hiring one
• Find out how responsive they will be
• Discuss rates

What Can Our Business Accountants Help You With?

Our business accountants can help you with a variety of services. To learn more about each individual one, read below!

IRS and State/Local Tax Representation

Enrolled Agents are the Tax Professionals - we receive our license to practice from the US Treasury and are able to represent you in all 50 states and the 4 protectorates. Our firm knows the tax laws, and we know how your tax return was prepared. We offer tax representation even if we did not prepare your return or you just owe money to the Treasury. We can provide complete tax representation services before the IRS as well as state and local taxing authorities. We are also experienced in negotiating Offers in Compromise with the IRS.

Business Accounting Services

Our Firm offers a complete range of accounting services, including receivables, payables, and payroll management. We prepare financial statements in accordance with Other Comprehensive Basis of Accounting - Income Tax Basis(OCBOA - Tax Basis) for use by banks, investors, and other third parties. Our firm is also capable of preparing custom financial reports for internal, managerial use.

Tax Planning
Our firm continuously monitors federal, state, and local tax law changes to allow its clients to minimize current and future tax liabilities. If necessary, we can implement tailor-made due-date tax compliance monitoring systems to prevent costly interest and penalty assessments attributable to late filing. Of course, we offer full tax preparation and filing services. Our firm has the resources, experience (25 years), and depth of knowledge to offer the following services to both individuals and businesses. We can deliver the services you need in a professional, efficient manner.

Financial Statements
Our firm prepares professional, OCBOA-Tax Basis-compliant financial statements as well as tailor-made financial analyses that can help business owners and managers eliminate inefficiency and realize a business' full profit potential.

Business Valuations
Our firm provides business valuation services.

Bookkeeping/Write-Up
Our firm provides full-charge bookkeeping services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and receivables and payables tracking and analysis.

Cash Flow & Budgeting Analysis
Our firm offers cash flow and budgeting analyses that can help you minimize cost overruns, lost purchase discounts, and uncollectable receivables. Many of our clients state that these value-added services are indispensable.

Consulting Services
Our company offers a wide range of consulting services to help you improve business operations, boost efficiency, and increase the bottom line.

Estate, Gift and Trust Tax Return Preparation
Our firm provides tax preparation of federal and state estate, gift, and trust tax returns.

Why Should You Work With a Business Accountant?

If you run a business in the Durham or Chapel Hill, NC area, hiring an accountant can benefit you in several vital ways. Whether you operate a small startup or an established venture, having a business accountant on your team can help you successfully manage your finances and achieve long-term financial health. Here are some important benefits that you can enjoy if you choose to work with our business accountant:

• Take Advantage of Our Experience: One of the most significant reasons to hire a business accountant is so that we can put our considerable experience to work for you. Our education and experience gives us in-depth familiarity with tax laws, financial regulations, and accounting best practices. This helps us provide additional insights and guidance on factors such as bookkeeping, tax planning, budgeting, and more. This helps you make informed decisions and optimize your business’s financial situation.
• Save Time: Managing your business’s finances can quickly become overwhelming, especially since you have other responsibilities. Entrusting the task to an experienced accountant frees up time that you can spend focusing on running your business.
• Achieve Peace of Mind: Tax law can be difficult and stressful to navigate if you don’t have the experience to fully understand. Working with a business accountant can help ensure that your company meets all applicable tax obligations, files accurately, submits all forms on time, and takes advantage of all applicable deductions or credits. This helps you avoid penalties and audits while maximizing your tax benefits.
• See the Big Picture: Working with a business accountant can give you a clear and accurate idea of how your company is doing financially. We can provide regular reporting information to provide insights into your profitability, cash flow, and overall performance. This helps you make informed business decisions, set realistic goals, and strategically plan for sustained growth.

When you choose to work with the professionals at Gundersdorff & Company, you are taking advantage of our considerable experience working with business owners throughout the Durham and Chapel Hill, NC areas. Contact our business accountant today to get started!

Give Us a Call Today for the Finest Business Accountant Services!

For the absolute finest business accountant services the Chapel Hill, NC and Durham, NC area has to offer, give the experts at Gundersdorff & Co a call. We strive to provide the finest tax preparation, tax representation, payroll, and other services in the area. For more information on how we can assist you, give us a call today!