Question 1

I am not sure if I’m getting everything I need from my current CPA/Tax Advisor.

Accepted Answer

It has been said that during your lifetime, besides your children, nothing will cost you more money than your CPA/Tax Advisor. Your CPA/Tax Advisor should not only be your trusted advisor but should also be your business partner. In being a partner, your CPA/Tax Advisor should educate and guide you along your journey to financial success. Terron Moss CPA, LLC thrives on building lasting relationships with our clients. By listening, being attentive and responsive, and understanding our clients’ business needs, we solidify these relationships to ensure our clients have everything they need to make timely and informed business decisions.

Question 2

I am not sure if I maximized all available tax deductions and overpaid in taxes.

Accepted Answer

At Terron Moss CPA, LLC, we are knowledgeable about the IRS tax code, we remain informed on the latest tax laws, and we communicate to our clients the impact these changes have on their current and potential future situations. We view the IRS tax code as a roadmap with numerous opportunities for significant and permanent tax savings. As taxpayers, we must align our personal and business activities to benefit from the IRS tax code. We will carefully review your tax situation to find relevant permanent deductions and credits so that you can maximize your tax savings and deploy these savings to grow your business.

Question 3

I need help growing my business and profits.

Accepted Answer

We know and understand the fundamentals required to grow and sustain profitability for your business. As experienced small business owners, we know how much time and resources are consumed and what is necessary for business success. We first start by understanding what success looks like for our client’s business. By thoroughly evaluating your business, we provide our clients a candid and transparent analysis that facilitates business growth decisions. We know how to use financial tools to produce reports that allow better insights into your overall financial health and can help guide your decision-making.  Let us empower you to make smarter decisions that will fuel your growth.

Question 4

I need to better understand my business’s cash flow.

Accepted Answer

Strengthening your cash flow is critical as positive cash flow is the link to business sustainability and profitability. Cash flow problems can arise from external factors, from seasonal sale cycles, or from changes in operational costs. There are big differences between positive cash flow and profits shown on your profit and loss statement. We will educate you on these differences so you can make informed decisions to optimize your business’s cash flow. We can provide tips and adjustments that you can make to help you bring in and retain more cash in your business regardless of the situation.

Question 5

I need a better understanding of the financial side of my business.

Accepted Answer

Understanding business financials is a tall task for many business owners. When considering the emotions and frustrations involved, understanding becomes even more challenging. Terron Moss CPA, LLC can help remove these barriers to helping you better understand your business financials. From each business transaction to periodic financial reporting, we break down the core financial principles to demonstrate the impact each transaction has on your business financial position. We take pride in helping our clients understand their business’s financial position and supplying them with the knowledge and tools to make better business decisions.

Question 6

I’m spending too much time organizing my transactions and gathering necessary tax documents.

Accepted Answer

We know your time is valuable. Allow Terron Moss CPA, LLC to take these time consuming tasks off your plate and give you back this time to spend doing those things you enjoy the most, like growing your business. We know how to streamline the process to organize transactions timely, accurately, and completely. Additionally, we assist you with gathering the necessary tax documents to facilitate your tax preparation. We know the timing you should expect to receive these tax documents. When documents are delayed, we know how to proactively obtain these documents to ensure your tax preparation is not delayed.

Question 7

I made a mistake on my taxes.

Accepted Answer

We hear this all too often. Fortunately for you, we specialize in tax planning and preparation. Mistakes do happen, and they do occur with tax return preparation. Allow us to correct these mistakes and reduce any potential penalties and interest fees. More importantly, allow us to provide you with the knowledge and approach to alleviate these mistakes from recurring in the future. As a licensed CPA firm, we can work directly with the IRS and respective state revenue agencies on your behalf to resolve any tax disputes or inaccuracies.

Question 8

I am not sure if I’m getting everything right with my company’s books.

Accepted Answer

We are experts at knowing the proper procedures for entering information in ledger books and performing account reconciliations to ensure accuracy and consistency. Allow us to optimize your bookkeeping tasks including collection and entering of all financial information such as receipts, invoices, and bank statements. It is nearly impossible to make sound business decisions when business records are incomplete or inaccurate. The foundation to sound business making starts with clean and accurate financial records. In addition, clean and accurate financial records solidify your compliance with legal obligations and requirements.

Question 9

I use QuickBooks but I’m not sure if I’m getting the most out of the software.

Accepted Answer

For busy business owners, learning QuickBooks can seem like a monumental task. It is hard to commit the time to learn and customize all the features of QuickBooks that can automate recording transactions and balancing of your financial records. Terron Moss CPA, LLC specializes in QuickBooks. We know the intricacies of the software platform and how to leverage the features to improve and optimize business reporting processes. We can make sure that you are using the full power of the accounting software to keep your finances on track like a true professional.

TERRON MOSS CPA, LLC
CERTIFIED PUBLIC ACCOUNTANT

Solutions For Small Businesses

What Challenges Do You Need Help With?

TERRON MOSS CPA, LLC CERTIFIED PUBLIC ACCOUNTANT

Solutions For Small Businesses

What Challenges Do You Need Help With?

TERRON MOSS CPA, LLC
CERTIFIED PUBLIC ACCOUNTANT