Franklin Tax

Services


  • Accounting Services
  • Payroll Processing
  • Tax Planning & Preparation
  • QuickBooks



  • Accounting Services


    Effective management and economic growth require accurate information, steady observation, and regular evaluation. The foundation of a successful business is made of relevant, well-organized financial records. These important documents are vital to securing outside funding, obtaining credit from suppliers, managing your operations, promoting your business, and achieving your objectives.


    Bookkeeping and Bank Reconciliation - Qualified staff will assist you with the day to day tasks associated with bookkeeping, cash flow, and reconciling your bank accounts. Computerized accounts are prepared, saved and presented for client review on a quarterly, monthly, and/or annual basis.


    Report Compilation and Review - Financial statements are important for internal management use, documentation to secure financing, regulatory filings, personal net worth, and retirement planning. Franklin Tax and Accounting personnel prepare monthly, quarterly and year-end balance sheets and operating statements accurately for a broad range of small and medium-sized business clients.


    Financial Budgeting and Planning - A strategic budget and business plan helps you define where you are today, where you want to be in the future, and how you will make it there by setting short and long-term goals and establishing objectives to prevent you from getting off track. Planning services also incorporate tax and estate planning.


    Bill Payment Services - Focus your time on running your business and let Franklin Tax and Accounting take over the time-consuming task of reviewing payables, writing checks, and sending them out on time.


    Asset Management - Experienced employees will track all major assets of your business, including furniture, equipment, start-up costs, and other depreciable purchases throughout the year.


    New Business Start-Up - Franklin Tax and Accounting will help you create a business plan that precisely defines your business, identifies your goals, and serves as your firm's resume. A comprehensive, thoughtful business plan ensures that you allocate resources properly, handle unforeseen complications, and make good business decisions.


    Emergency Back-Up - Do you need an accountant on a weekly or monthly basis but can't afford a full-time accountant on staff? Has there been an unexpected or planned disruption in your accounting process? Does your in-house accounting division need additional coverage while someone is on vacation, when periodic assistance is needed, or if someone has suddenly left your employment? Franklin Tax and Accounting can immediately step in to provide emergency accounting services. This unique service offers professional quality attention on a temporary basis. It's a valuable tool for growing companies or busy entrepreneurs. The bottom line is that we can provide full time quality and expertise for a part time investment.



    Payroll Processing


    Take advantage of this special offer! Run your first payroll by April 15th, 2009 and receive one month of payroll processing FREE! Just call 608-241-5311 for more information, or to sign up and start your free month of payroll processing. A Franklin Payroll Representative will help you create a customized payroll package that meets your company's specific needs.


    Clearly the most overwhelming and difficult part of running a small business is the completion of payroll functions in a timely manner. Franklin Tax and Accounting can assist your business in managing your payroll needs by providing reliable and accurate services customized to your organization. Spend your time focusing on strategic business issues while we provide benefits from issuing payroll checks to filing the necessary tax returns.

      Services:
    • Set up and maintain payroll records
    • Submit payroll by phone, fax, or internet
    • Perform check writing and direct deposit
    • Track withholdings and benefit contributions
    • Ensure Federal & State tax filing compliance
    • Issue W-2's and 1099 forms
      Documents:
    • Payroll checks
    • Employee earnings statements
    • Payroll journals
    • Month-to-date department summaries
    • A notice of cash needed to cover payroll expenses and tax liabilities
    • Timely and accurate notifications of tax liabilities and deposits
    • Payroll worksheets to record your next payroll
      Benefits:
    • Spend less time and expense in training payroll personnel
    • Eliminate time-consuming payroll reporting notices and costly penalties
    • Receive expert support and communication


    Tax Planning & Preparation


    Properly developed tax strategies that take advantage of new tax laws and legislation that minimize tax liability and maximize refunds are important to the success of individuals and businesses. Franklin Tax and Accounting offers peace of mind and expertise as we strive to provide you with quality, up-to-date tax return preparation and advice. The overall objective of our firm is to maintain thorough and consistent annual tax forecasting and mid-year tax planning.


    Individual - A core specialty of Franklin Tax and Accounting is the preparation of tax returns for individual taxpayers to achieve your maximum refund.


    Business -Whether your company is a C Corporation, S Corporation, Limited Liability Company, Partnership or Sole Proprietor a properly prepared tax return is vital to minimize Federal and State taxes owed.


    Estate - Franklin Tax and Accounting can help preserve your assets through proactive tax planning and preparation of related tax returns and elections for gifts, estates, and trusts.



    QuickBooks


    Small Business Support - If you are already a QuickBooks user or are planning to use it for your business, you may have questions on implementation, how to handle specific situations, or how to utilize certain features. Regardless of whether your situation only requires a simple phone call, a series of phone consultations, or on-site training, we are prepared to help you move forward quickly and efficiently.


    System Creation - We often work with companies to design or re-design their systems and upgrade their software. The accounting function is dynamic and requires adjustments over time. We can help you deal with any changes easily.



    FRANKLIN TAX AND ACCOUNTING, LLC
    5025 Old Middleton Road, Suite C
    Madison, WI 53705

    Office: (608) 241-5311
    Fax: (608) 241-5313
    Email:



    Office hours: 8:00am to 5:00pm, Monday through Friday