We offer professional & reliable service.
Bookkeeping – Who needs it?
For most people, accounting is about one thing – the IRS. We retroactively tell the IRS what’s happened over the past year, and they come back with a bill outlining exactly what they expect us to pay. But there’s a problem. If we spend all our time gathering information about what’s happened to this point, we have no room to think about the future. A past-focused approach ignores possibilities and potential. That’s why Davidson Accounting Company takes a forward-looking approach to every aspect of tax preparation, even basic bookkeeping. Aside from basic compliance, the primary reason we need bookkeeping is to harvest better numbers for planning.
Accounting & Bookkeeping
Bookkeeping is the essential accounting function that forms the foundation of financial wellbeing. Without it, we have no means of explaining the past or accurately projecting the future. While most accounting firms can be expected to meet industry standards for compliance, our philosophy hinges on the belief that industry standards garner only a fraction of the benefit to be gained from careful and strategic tax planning.
Bookkeeping at Davidson Accounting
We provide personal bookkeeping services for our clients because we believe this function is grossly undervalued to the detriment of sole proprietors and individuals. The benefit of bookkeeping extends far beyond compliance. Our role is to help our clients view tax preparation and planning in the greater context of holistic financial well-being. When you work with our team, you’ll have consistent access to better numbers than you could achieve on your own, or even with the help of most tax accountants. Everything we do is forward-looking and contributes to your personal preparation and planning.