Frequently Asked Questions
Wondering how we can help you? Check out our most commonly asked questions below.
For your convenience, our most common customer questions are answered right here.
Accounting Questions
Outsourcing allows you to spend your time on what you truly were born to do, running the day to day operations of your business, not the accounting nuances. Have a professional handle the aspects of your business you cannot afford to be overlooked or inaccurate.
It will cost a fraction of the cost of hiring an onsite staff accountant. We complete ALL services for a set monthly fee, no hidden or variable cost from month to month. Schedule a consultation and see the difference Restore Accounting can make.
Our hourly rates are from $75-$100 an hour. All rush jobs are $200 an hour.
Our monthly packages are fixed-price agreements based on your business needs. You pay the same amount each month, regardless of the volume of work, giving you predictable accounting costs.
Each package is customized to your business, but typically includes bookkeeping, financial statement preparation, and regular financial reviews. We'll create a package that addresses your specific needs.
All of our software and resources are protected with 256-byte bank grade security encryption. The security of your documents and information is a top priority for us.
ACCOUNTING
We use the accounting system WAVE. This accounting software is an amazing comprehensive way to record, project and analyze your business's operations. It even allows for uploading of actual receipts and stores them securely. It is not stored or loaded to your computer; it is an internet based program. There is no need to back up or physically store any of your data; WAVE does this for you. Best of all WAVE is free to our client and can move with them if they ever leave the firm.
TAXES
We use Intuit Tax Online to prepare and process your tax returns. This allows us to transfer documents and tax information securely via our secure client portal.
Tax Questions
Yes, we stay current with tax law changes by attending seminars/training each year. We maintain our certifications with rigorous annual continuing professional education.
GAAP – The common set of accounting principles, standards and procedures that companies use to compile their financial statements. GAAP are a combination of authoritative standards (set by policy boards) and simply the commonly accepted ways of recording and reporting accounting information.
Because we do more than just Income Taxes, we ask for 2-3 weeks for most returns. If we are missing information and have to wait for that information, it could take up to 4 weeks.
We take tax clients from 2/1 – 3/15 with the goal to complete all income tax returns on or before 4/15 each year.
Please contact us directly to discuss your specific situation. We may be able to accommodate special circumstances, but our standard tax season is from February 1 to March 15.
We accept tax returns from February 15 through March 15. This focused timeframe allows us to provide the highest quality service during tax season.
Rush jobs are projects that require expedited completion outside our normal turnaround time. These are billed at $200 per hour due to the need to reprioritize our workflow.
Training Questions
Information coming soon. Our training topics cover our areas of expertise including accounting, tax preparation, and medical billing. All Medical Billing training offers CEU's.
Still Have Questions?
If you couldn't find the answer to your question, please feel free to contact us directly.