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205.434.1CPA - Birmingham
(205.434.1272)
256.384.9CPA - North Alabama
(256.384.9272)
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20-20 Solutions

Our clients are individuals, entrepreneurs, and small businesses. They are good at what they do. They have fast paced lives and their time is valuable. They don’t have time to worry about keeping up with current tax law, or learning how to use bookkeeping software. They know that their attention is more profitable elsewhere. That is where we come in… we do the stuff that they don’t want to do or don’t know how to do, relieving their burden and allowing them to put their focus where it belongs… on their business and personal life. They make pies and plant landscapes, with the peace of mind that we will manage the accounting, payroll, and prepare taxes. Being a part of our clients businesses by freeing them of the ever-growing back office burden is our passion!

Back Office Support and Bookkeeping

Larger companies have entire accounting departments to handle all the important and sensitive financial and accounting aspects of their business. Unfortunately, smaller companies don’t have the resources to fill these key positions and these functions end up being performed by the owner or are delegated to untrained staff. We can provide these essential services without having to be on the payroll.

Outsource all your day-to-day accounting tasks, freeing you and your staff to focus on your business. We can pay your daily bills, record your daily deposits, and reconcile your bank and credit card statement giving you access to your accounting information 24/7. We can also process your payroll and payroll tax filings, prepare your property and sales tax returns, provide professional financial statements, and provide an individual and business income tax planning check-up each year. While we are at it, we’ll go ahead and file your W-2s, and 1099s, too.

Just like people, every business is different and has it’s own needs. There is no one solution that meets the needs of everyone. The services listed above may not be an exact fit. You may have specific needs such as just doing monthly account reconciliations or just filing your sales tax returns. Lets talk so we can determine exactly what you need and build a solution custom fit for you. Whatever the task, we are sure we can provide a solution at a price far below the value we provide.

Tax Planning

Accurate tax return preparation is important, but it’s smart tax planning that makes all the difference come year end. By the time we are preparing your return, many of the opportunities to save have passed. We can advise you on decisions made throughout the year that can lessen your annual tax burden. With a 20-20 tax check-up you can count on receiving every deduction available. Plus, our clients have the benefit of around-the-clock online access to all their tax documents through their own secure, login on our website.

Additionally, we realize clients occasionally need to call or email us with questions that require quick, concise responses. We believe you should feel comfortable contacting us throughout the year without fear of excessive fees. Therefore, we never charge for routine questions or requests.

Corporate and Partnership Taxes

Are you overwhelmed by the multitude of federal, state and local tax filings required of you on an annual, quarterly or monthly basis: Sales & Use tax returns, Payroll tax returns, State Unemployment tax returns, Personal Property tax returns, Quarterly Income tax returns, Privilege Tax returns, Business Licenses? You may feel like you need a full time employee to figure out what taxes you are subject to, how to fill out the returns, where to file them, and when they are due. When are you suppose to actually do the work that makes you money? We can help you make sense of all this so you can go back to what you are in business to do.

Our fees for business tax returns are based on the value of the services performed. We will provide an up front estimate to you prior to starting our work based on information we gather from you about your tax situation and certain assumptions we make about your cooperation and assistance in gathering the necessary information. Quotes will always be honored given the accuracy of all information gathered from you and assumptions made by us to provide the quote.

Individual Taxes

Preparing your own income tax return can be a daunting task that leaves you with more questions than answers. Today’s tax laws are so complicated that filing a fairly simple tax return can still be confusing. Tax software programs can provide a false sense of security as it’s easy to overlook deductions and credits to which you are entitled, and there’s simply no substitute for the assistance of an experienced and knowledgeable CPA.

We offer direct deposit of your refunds and can deduct your preparation fees from any refund you are due.

Our pricing is straight forward. After gathering a little information on your personal situation, we can let you know up front what the bill will be. Our prices include electronic filing fees and are reasonable and in line with the market.