At FJ & Associates, we streamline the seemingly endless list of factors that need to be taken into account for your company. FJ & Associates acquired Litz & Company in Roy Utah on January 1, 2024. Since then, we have successfully helped businesses across Roy. Giving us access to your funds will allow us to use all of our knowledge and expertise to handle everything on your behalf. Our comprehensive reports and summaries are simple to read and help you keep your company running smoothly. We handle your company’s fundamental needs so you can focus on the potential for development and expansion. We know that as a business owner, having a hold on your finances is critical for your company’s survival and growth. When your business grows to a certain point, hiring a professional to manage your accounting and taxes is very beneficial. We save you time and energy by tracking your finances for you. We are exceptionally equipped to handle your finances and organize your budget for quarterly tax purposes. 

Expert Tax Preparation to Maximize Refunds and Deductions:

Our tax preparation services are designed to maximize your tax advantages, refunds, and exemptions while lowering your taxable income. We assist you in making choices that will reduce the impact of taxes. We are able to optimize your benefits under advantageous provision standards by adhering to tax laws. You also have the advantage of having the choice to invest your profits. We discuss this topic in-depth with each client because every individual’s situation is unique. Additionally, there are several forms of tax planning. We will advise you on the optimal strategy based on your needs. These include permissive tax planning, purposeful tax planning, and both short- and long-term tax planning. 

Business Tax Planning: 

You could be required to make estimated tax payments, depending on the kind of business you run and the amount you owe. When you own a business, you may not receive a paycheck like your employees do. This implies that no money is withheld from payments for income taxes, Social Security taxes, or Medicare taxes. But these have to be paid during the year, according to the IRS. As a business owner, your best alternative is to pay estimated taxes. We make sure you pay the correct amount to avoid penalties. 

Certified Quickbooks  Specialist: 

We are proficient in utilizing QuickBooks since we are certified professionals in this type of accounting software. We use our expertise to handle the general ledger for your company. This covers all kinds of transactions. We provide financial reports for your company and can even handle payroll administration for you. When arranging your financial records and completing your tax returns, we can assess the legality and necessary financial documentation. Additionally, we help our clients apply for and manage a company credit line. A line of credit is a flexible loan that is given to you by a bank or other financial institution. As a business owner, you can use these allocated funds however you need to. This does require interest payments as well. We help you get approval from the bank by organizing your financial records in the best possible way. This will increase the overall amount the bank will loan you. As opposed to credit card loans, a line of credit is a lower-risk revenue source. 

Contract Controller and CFO Services: 

We offer CFO and Controller Services on a part-time, full-time, contract, or permanent basis. Depending on the size of your business, our services are flexible and scalable. We can accommodate new businesses with smaller budgets or larger companies in need of a full-time CFO and Controller. Our team of experts provides accounting clean-up. We organize and clean your books. Once this is done, we make sure they stay this way by regularly maintaining and checking them for you. You’ll always be prepared for taxes and up to date. Accurate bookkeeping offers you insight into your business and development opportunities. You receive a thorough report detailing your monthly spending from our budgeting service. Expert budgeting will assist you in reaching your business and personal objectives. Our financial forecasting tool calculates and projects your company’s future performance with accuracy. We can also assist you in setting up an exit strategy if you are a business owner. A strong exit strategy is one way to guarantee a prosperous future.

CPA: 

It is advantageous to let a CPA help you and your business with daily financial operations. We are able to develop strategic planning for your future by doing this. We are capable of handling budgetary success, cash management, and financial planning. Possessing such a wide range of understanding benefits your company greatly. Acquiring the necessary skills to accurately manage your money and submit your taxes is essential for any business owner, no matter the type of business you have. In addition to preparing and filing your taxes, we can request an extension if necessary. Additionally, we ensure that your quarterly taxes are accurately submitted to spare you from potential fines and penalties. 

Payroll Service: 

We can process payroll, tax statements, year-end taxes, and more as a payroll service provider. Our service is used by our clients because it guarantees timely and precise payment of their employees’ taxes. Having a trustworthy payroll provider is essential when your company has to meet deadlines and deposit obligations. We move beyond the fundamentals of easy computations. In addition, we manage new hire reporting, deposits and withdrawals, and the withholding and payment of garnishments. No matter the size of your business or number of employees, processing payroll requires time and attention to detail. Instead of investing valuable time trying to do this yourself, you could be pursuing more business opportunities and building revenue. By outsourcing your payroll to us, you will have more time to focus on what matters to you and your company.