Accounting
Expert Accounting Services for Businesses
Managing your business finances requires accuracy, compliance, and strategic planning. At ClearPath Accounting, we provide expert accounting services to ensure your financial records are precise, tax-ready, and fully optimized for growth.
From financial statement preparation to tax planning, compliance, and cash flow management, our team of experienced accountants helps businesses make informed decisions and stay on top of their financial health.
Why Choose ClearPath for Your Accounting
Needs?
We understand that every business has unique financial challenges. That’s why we provide custom accounting solutions designed to support your growth and financial stability.
Expert Guidance
Our team of accountants ensures accuracy and compliance.
Time & Cost Savings
Spend less time on accounting and more on growing your business.
Technology-Driven
We leverage the latest accounting software for efficiency.
Tailored Solutions
We customize our services to fit your business needs.
Accounting Packages & Pricing
Accounting Services
$165/hr
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Cash Flow & Budgeting Assistance
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Prepare Adjusting Entries
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Reviewing Adjusted Income Statement and Balance Sheets
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Financial Statement Preparation & Reporting
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Develop and Provide Analysis to Monthly, Quarterly, and Annual Financial Statements.
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Present/Deliver Reporting Package
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Finance/Accounting Department Oversight
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Streamlining Systems & Processes
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Tax Planning & Compliance
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General Ledger Maintenance & Account Reconciliation
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Payroll Processing & Compliance
View Pricing
Financial Statement Preparation & Reporting
Having a clear financial picture is essential for business success. We prepare accurate income statements, balance sheets, and cash flow statements to help you track performance and make informed decisions.
Key Benefits:
- Get a clear view of your financial health
- Ensure compliance with accounting standards
- Make data-driven business decisions
Tax Planning & Compliance
Effective tax planning can save your business money and prevent costly mistakes. We help businesses navigate complex tax laws, maximize deductions, and stay compliant with federal and state regulations.
Our Services Include:
- Strategic tax planning to minimize liabilities
- Accurate tax filing and compliance management
- Proactive solutions to avoid penalties
General Ledger Maintenance & Account Reconciliation
A well-maintained general ledger ensures that all transactions are accurately recorded. We regularly update and reconcile accounts to prevent discrepancies and ensure financial accuracy.
We Help You:
- Keep your books organized and accurate
- Identify and resolve discrepancies quickly
- Ensure compliance with accounting best practices
Cash Flow & Budgeting Assistance
Cash flow is the lifeblood of any business. Our cash flow management and budgeting services help you plan for the future, manage expenses, and ensure long-term financial stability.
What We Do:
- Develop realistic budgets tailored to your business
- Monitor and forecast cash flow trends
- Provide insights to improve financial efficiency
Payroll Processing & Compliance
Managing payroll accurately is essential for both employees and business owners. We handle payroll calculations, tax withholdings, and compliance requirements so you can focus on running your business.
Our Payroll Services Include:
- Accurate payroll processing and tax filings
- Employee benefit deductions and reporting
- Ensuring compliance with labor laws
Frequently Asked Questions
Why are financial statements important for my small business?
Financial statements give you a clear snapshot of your business’s financial health, helping you track revenue, expenses, and profitability. Lenders and investors often require these reports before approving funding, and they’re also essential for tax filing and financial planning. Regularly reviewing financial statements helps you make informed decisions, avoid cash flow problems, and plan for future growth.
What’s included in a financial statement package for small businesses?
A standard financial statement package includes an income statement (profit & loss), balance sheet, and cash flow statement. The income statement shows profitability over time, the balance sheet summarizes assets and liabilities, and the cash flow statement tracks how money moves in and out of your business. These reports help you assess performance, secure loans, and stay compliant with tax laws.
How can accounting services help me reduce my business taxes?
A professional accountant helps you take advantage of tax deductions, credits, and legal strategies to lower your tax burden. They ensure you’re tracking deductible expenses, structuring your business in a tax-efficient way, and staying compliant with tax laws to avoid penalties. Year-round tax planning—not just at tax time—can save your business significant money.
What tax deadlines should small business owners be aware of?
Tax deadlines vary based on your business structure, but key dates include quarterly estimated tax payments, payroll tax filings, and the annual tax return deadline (March 15 for S-Corps and partnerships, April 15 for sole proprietors and C-Corps). An accountant helps you stay on top of these deadlines, avoiding late fees and interest charges.
What is general ledger maintenance, and why does it matter?
Your general ledger is the core record of all financial transactions in your business. Keeping it well-maintained ensures accuracy in your financial reports, helps detect errors, and provides a reliable foundation for tax filings and financial planning. Regular general ledger maintenance keeps your books clean and prevents costly mistakes.
How often should I reconcile my business accounts?
Small businesses should reconcile bank accounts, credit cards, and loan accounts at least monthly to catch errors, prevent fraud, and ensure financial accuracy. Regular reconciliation helps you spot unauthorized transactions, identify missing payments, and maintain a clear picture of your cash flow. An accountant can handle this process for you, ensuring everything stays accurate and organized.
How can an accountant help improve my cash flow?
Cash flow problems are one of the biggest challenges for small businesses. An accountant helps by tracking inflows and outflows, identifying potential shortfalls, and suggesting strategies like optimizing invoice payment terms, reducing unnecessary expenses, and securing financing when needed. Understanding your cash flow trends ensures you always have enough funds to cover expenses and grow your business.
What’s the best way to create a business budget?
A solid budget is key to financial stability. Accountants help by analyzing past financial data, forecasting revenue, and setting realistic spending limits. They also track actual performance against your budget, making adjustments as needed to keep your business on track. With expert budgeting assistance, you can confidently plan for growth and avoid financial surprises.
Why should I outsource payroll processing to an accountant?
Payroll mistakes can lead to IRS penalties and unhappy employees. An accountant ensures your payroll taxes are calculated correctly, deductions are accurate, and employees are paid on time. They also help you stay compliant with labor laws, track payroll expenses, and handle year-end reporting, saving you time and reducing stress.
What payroll tax obligations do small business owners need to meet?
Expert Guidance for Long Term Business Success
