Services

With how complex the matter of taxes can be, it is an understatement to say that when it comes to filing your tax, you cannot be caught unprepared—especially so if you are running a business with employees depending on you.

To ensure that you are well-prepared when tax season rolls around, we offer tax planning and preparation services at NOD Accounting Services PLLC. We have designed both these services to minimize your tax burden and maximize your profitability post taxation.

A tax planning service makes sure you are ready for tax season since this is a year-round process. On the other hand, a tax preparation service ensures that your income tax return is without errors, so you do not pay more than you have to, and help you be more on track with the latest federal, state, and local taxation laws.

Tax season ranks up high on anyone’s list of dreaded events—it takes time, it is complicated, the taxation laws on the federal, state and local levels change frequently, and most of all, the stakes are high, as in, the IRS can come after you and require an audit.

Avoid this scenario with our individual tax preparation service. NOD Accounting Services PLLC has the expertise and experience to calculate, file, and sign your income tax return on your behalf. We will provide you with the peace of mind that lets you focus on the more important things in life—growing your business, being with your loved ones, and even pursuing a new venture!

Do you need to remit your Arizona Transaction Privilege Tax (TPT)? You must do so if you have nexus in Arizona and when you are selling taxable goods and services to the community.

Your remitting of gross receipt taxes, that is to say, paying your sales tax acknowledges your privilege of conducting business in the state as specified by the Arizona Department of Revenue (ADOR). Failure to do so can result in penalties.

Depending on where you made the sale, your sales tax rate can increase or decrease. Not sure where to start or how to go about it? NOD Accounting Services PLLC can help! We can manage your sales tax, determine if you need to pay penalties and interests, and make sure you comply with Arizona laws.

No matter what business and industry you are in, you need a dedicated accounting and bookkeeping team to handle your books and manage your finances. Not only are you ensuring to avoid any trouble when audit season comes, but you are also securing your business’ continued growth and proactively mitigating risks.

At NOD Accounting Services PLLC, we can ensure this for you and more. Among the services these covers include but are not limited to, the following:

• Data Management – This refers to overseeing, managing, and updating of your business’ data
• Financial Analysis and Consultation – This covers providing valuable insights through the proper assessment of data and advising management
• Bookkeeping – This refers to managing your books and the recordkeeping of all financial aspects of your business
• Preparation of Financial Reports – This covers aggregating accounting information, ensuring that all customer invoices have been issued, and preparing those that have not yet been prepared
• Regulatory Compliance – This refers to being up to date with government regulations and industry standards

Are you a small to a medium-sized company looking for bookkeeping services? Nine times out of ten, your needs would involve uncomplicated bookkeeping tasks.

For these needs, we at NOD Accounting Services PLLC offer full-service bookkeeping services to handle your bookkeeping needs. Among the tasks that our full-service bookkeepers can help you with include, but are not limited to, the following:

• Manage payroll
• Handle deposits
• Create and maintain monthly financial reports
• Manage sales taxes
• Manage quarterly taxes and withholding
• And more

As a small to medium-sized business, you must make sure to cut costs when you can while ensuring that you do not compromise the quality of service you are receiving.

One of the ways you can do so is by outsourcing your accounting needs. We offer this very service at NOD Accounting Services PLLC. We bring you the expertise and the professionalism similar to if you have hired an in-house accountant, but with the added convenience and value for money.

Every transaction that your business will undertake will involve both accounts receivable and accounts payable. For instance, with every sale you make that becomes a current asset, another company will have reported a purchase and hence, a current liability. This means cash increase and accounts receivable decrease on your end, and cash decreases and accounts payable decrease on the other, respectively.

This transaction illustrates the importance of a dedicated accounting service that can process both and ensure every bit is in order. At NOD Accounting Services PLLC, you can count on our professionals to make sure to account for both sides of the transactions.

Perhaps the strongest and easiest way to gauge your business’ financial health is through account reconciliation. This refers to the process of comparing internal financial records from monthly external sources such as bank and/or credit card statements and then making sure they can be reconciled, or to say, they match up.

At NOD Accounting Services PLLC, we offer account reconciliations to make sure your books and balance sheets are accurate and help you avoid overdraft fee payments and transaction glitches. This service will also help you to catch more serious issues of illegal spending, such as embezzlement before they go out of hand.

Monthly, quarterly, and year-end closings can be time-consuming and frustrating. However, these are necessary. Proper closings mean organized accounting data and fully accounted for transactions, which point to a healthy financial state.

We offer this monthly, quarterly, and year-end closings at NOD Accounting Services PLLC to make sure that you have:

• Accurate and current financial records
• Valuable insights with regards to important business decision-making
• Simplified tax filing and audits
• Easy identification of areas in need of improvement and how to address them

You will need to upgrade your accounting software package sooner or later, but you do not have to do them yourself. Any installation of an accounting software package will take time—time that neither you nor your staff can afford to spend learning on something that needs expertise and know-how and that which, ultimately, can be delegated.

Let us help! Our professionals at NOD Accounting Services PLLC can help identify, upgrade, and implement the accounting software package you need. Specifically, they can take charge of:

Any company geared at ensuring growth and development will benefit from using cloud technology. Thus, if you are still using QuickBooks Desktop, we suggest you switch to QuickBooks Hosting (aka QuickBooks Cloud or Hosted QuickBooks) to secure your advantage.

NOD Accounting Services PLLC offers QuickBooks Hosting to ensure that you can access your QuickBooks Desktop via a web browser wherever you are, without installing it locally. This opens your business up to multiple user access, real-time change tracking, secure back-ups, easy file sharing, scalability in terms of resources, and even reduced IT expenses.

Payrolling is part and parcel of running a business, whatever industry you are in. While this is unavoidable, you have the option of outsourcing your payroll function over to a provider so you can spend your time on more important matters.

With a payroll service like the one we offer at NOD Accounting Services PLLC, you can now do away with calculating employee pay, paid time off, benefits, taxes, and withholdings. Moreover, you can count on our dedicated customer service to keep you updated and to be available to receive new employee credentials, among others, because we understand that the process is time-sensitive.

A controllership support service is a mid-level accounting role that oversees all work completed by the bookkeepers, consults on client matters, and handle monthly, quarterly, and year-end closings.

Thus, needing the services of controllership support or a controller means that your business is thriving—and such a stage must be dealt with caution.

At NOD Accounting Services PLLC, our controllers understand that financial information can only be powerful with the right interpretation and its timely realization into action. Thus, you can count on us to work with precision when you enlist us to handle your accounting function.