For bookkeeping, I charge according to the amount of transactions. If there are 50 transactions or less, my rates average around $50-$100 per month; if fewer than 50 transactions, sometimes this price will even include the tax return. More transactions require more time, therefore, I will provide you with a custom quote tailored to your specific needs.

Bookkeeping methods include QuickBooks and Excel spreadsheets, depending on customer preference. Excel spreadsheets are great for very small companies who basically just need bookkeeping done for tax return purposes. I prepare a double-entry set of books which most IRS auditors prefer, even over QuickBooks. However, I am also experienced in QuickBooks, including accounts receivable and payable, bank reconciliations, and other basic bookkeeping functions. I prepare not only Tennessee Sales Tax Returns, but also have experience preparing sales taxes for almost every state in the US.

For payroll, I charge $25.00 per person per QUARTER. So, for one employee, my clients pay $100.00 for the YEAR. If my clients have many employees, I often give a discount, especially if I perform other functions for the client.

I compute payroll, 941, 940, and Tennessee (or any other state) Unemployment, using computerized software. I compute the EFTPS payroll tax deposit required and notify my client of the amount. I do not prepare checks, preferring to simply email my client statements detailing the gross payroll, deductions, and net payroll. This leaves my client in complete control of his/her checkbook. At the end of the year, I also prepare the W-2’s and/or 1099’s as necessary.

For sales tax, I usually charge $25.00 per state per month (or quarter).

Why are my prices so reasonable? Well, mainly because I do not have the storefront rent to pay. If I had to pay rent (especially in the off-season), my prices would be considerably higher.

Since I am open year round, I am always available to answer your questions with no charge to you. My hours during tax season are often 9 AM to 2 AM the following day, 7 days a week. Even after tax season, I am available on Saturdays, Sundays, evenings, whenever my clients need me. You never see or hear a message to “go to another office somewhere else” (H&R Block, Jackson Hewitt, etc.) or “call or come back another day” (many CPA offices), or anything like that with me. Trust me, if for some strange reason I do not answer the phone immediately, I have an answering machine and I will call you back very quickly. I have a ton of clients who would attest to my quick responsiveness, even some who have called or e-mailed me very late at night, knowing I’d be up and working!

If you would enjoy a personalized, friendly and cost-effective service, call theMemphis Tax Lady today!