Home Utah Accounting Firm- Tax, Audit, Payroll, CPA Services Salt Lake City

We offer guidance and assistance in choosing the best payroll service provider. We have strong partnerships with ADP and QB Online payroll services that will allow you to take advantage of all they have to offer. Bookkeeping is an essential aspect of any business, big or small. It involves keeping track of financial transactions, recording expenses, and ensuring that the business’s finances are in order. While every business needs bookkeeping to some degree, some businesses require it more than others. In this blog post, we’ll explore which businesses salt lake city bookkeeping need bookkeeping the most.

Estate & Gift Planning

Haynie & Company is a full-service CPA firm in Salt Lake City, Utah. Very knowledgeable dealing with the issues of the small to medium sized family owned business. From selection of the best entity to achieve your goals, keeping you compliant ledger account with all filling requirements. With SLC Bookkeeping, you get expert financial support at a fraction of the cost—without sacrificing quality or control. And in uncertain times, the difference between surviving and shutting down often comes…

Salt Lake City CPAs

That’s why we strive to be the leader in personable public accounting. We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern. It’s often critical you have your finances in order, be that personally or, more importantly, when it comes to business. But staying on top of your finances throughout the year can be a challenge.

B&B Bookkeeping and Accounting Services

Using a licensed accounting professional will almost certainly provide a much better result than doing it yourself. To ensure we are always on top of the constantly changing tax law, our firm actually requires our staff to complete more continuing education than the minimum licensing requirements. If your return is selected for examination we will be by your side to get you the best possible outcome–at no additional cost. For new clients, we will review your last two years tax returns for free to determine if you left any money on the table. We also take a proactive approach to minimizing your tax burden in future years.

State and Local Tax (SALT) in Mid-2025: 5 Traps Taxpayers and Businesses Shouldn’t Ignore

Bill is currently a board member and past President of the Utah chapter of NATP (National Association of Tax Professionals), as well as a member of NAEA (National Association of Enrolled Agents). With a median age of approximately 31 years old, the city attracts a diverse range of residents, from young professionals drawn to its burgeoning tech scene to families seeking a high quality of life. I enjoy connecting with my clients to understand what’s most important to them so I can help them make their dreams a reality, in this life and for the legacy they leave behind.

• It involves keeping track of financial transactions, recording expenses, and ensuring that the business’s finances are in order.
• We start with a discovery call to understand your goals, challenges, and current financial setup.
• We fully acknowledge the significance of continuous professional growth, expanding our technical experience, enhancing financial knowledge, and refining our service offerings.
• Whether for your business or personal finances, our experts work with you year-round to ensure you’re making tax-efficient decisions that support your long-term goals.
• As a resident of Utah, you may wonder what income is taxable in your state.
• Haynie & Company has a dependable team of CPAs in Salt Lake City.

Today’s digital tools and integrated supply chains can cause myriad international tax issues, even for small startups. Early discussions can mitigate exposure while retaining flexibility. National firms require oversight from out-of-state officers who don’t know you or your business. The general ledger is the core of your company’s financial records. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

While Haynie & Company is one of the fastest-growing CPA firms in the nation, we have stuck to our core values of family, trust, and quality service. We believe in prioritizing our clients, exceeding their expectations, and building long-term relationships based on communication and transparency. It can be hard to keep track of a company’s miles by just writing them down, especially if you have employees. Some business owners just give at the end of the year estimated guesses that are inaccurate. These estimations lead to overstating or understating your mileage with the IRS.

Whatever your business looks like, we’ve probably seen it—and we’re ready to help you grow it. I work in real estate with a complex set of books across multiple companies—they made the transition seamless. Residents of Salt Lake City enjoy a unique blend of urban amenities and outdoor recreation, with easy access to world-class skiing, hiking, and biking trails just minutes away from downtown. The city’s thriving arts and culinary scenes, coupled with its strong sense of community, foster a dynamic and inclusive atmosphere. On behalf of my family and our amazing team at Downing & Co, I How to Invoice as a Freelancer look forward to working with you so you can save in taxes today and ensure your legacy for the future. Whether you’re restructuring a business, transferring family assets, or planning for a major transaction, we help you avoid tax pitfalls and optimize your tax strategy so you can keep more of what you’ve earned.