At Core Group, we understand the unique financial needs of creative business owners. That's why we've developed the Core Financial Process™ tailored specifically to streamline the bookkeeping solutions for your small business. Our services encompass everything from record-keeping to comprehensive small business bookkeeping to tax preparation services, ensuring that your financial affairs are always in order.

With the Core Financial Process™, you can expect more than just traditional bookkeeping solutions, going beyond basic accounting tasks to provide strategic insights and personalized support to optimize your financial performance. Whether you're looking to enhance profitability, minimize tax liabilities, or simply gain peace of mind knowing your finances are in capable hands, Core Group is here to help. Experience the convenience of bookkeeping online services combined with the expertise of seasoned professionals dedicated to your success. Let us be your trusted partner in financial management, so you can focus on what you do best – growing your creative business.

Bookkeeping

The Core Financial Process™

Our Core Bookkeeping Services

From financial statement preparation to full-service payroll and tax filings, our suite of services encompasses everything you need for streamlined financial management. As seasoned tax professionals specializing in small business accounting for creatives, we provide tailored solutions to meet the unique needs of businesses like yours. Whether you seek outsourced bookkeeping services or expert tax preparation, our team has you covered, supporting your business growth every step of the way.

  • Direct bank feeds: Seamlessly connect your bank accounts to our system for automated data retrieval, ensuring accurate and up-to-date financial records.

  • Monthly Bank Reconciliations: Our team meticulously matches your bank statements with your accounting records each month, identifying and rectifying any discrepancies to maintain financial accuracy.

  • Sales Reconciliation: We reconcile your sales transactions with your accounting records to ensure that all revenue is properly recorded and accounted for.

  • Accountant Monthly Review for Tax Minimization: Our experienced financial advisors and tax accountants review your financials monthly, proactively identifying opportunities for tax minimization and optimization.

  • Full Accrual Accounting: We employ full accrual accounting methods to provide a comprehensive view of your financial position, including all revenues and expenses, regardless of when they are received or incurred.

  • Loan Reconciliation: We reconcile loan transactions with your financial records to ensure accurate tracking of loan balances and interest expenses.

  • Fixed Asset Tracking: Our system tracks your fixed assets, including depreciation schedules, to ensure compliance with accounting standards and accurate financial reporting.

  • 1099 Vendor Tracking: We track payments made to vendors and contractors, ensuring compliance with IRS reporting requirements and simplifying the process of issuing 1099 forms.

  • Sales Tax Filing: We handle the preparation and filing of your sales tax returns, ensuring compliance with state and local tax regulations.

  • Quarterly and Annual Payroll Filing: Our team manages all aspects of payroll filing, including quarterly and annual reporting, ensuring compliance with tax laws and regulations.

Our Core Financial Process™

Meeting You Where You Are

Whether your business is just starting up or poised for the next growth level, the Core Financial Process™ is crucial. It provides the insights necessary for informed decision-making, supported by our professional bookkeeping services. Our unique technology-enabled process gathers your financial information in one place with minimum involvement of you and your team. With our professional bookkeeping services, you can trust that your financial records are meticulously managed, giving you the peace of mind to focus on driving your business forward. At Core Group, we meet you where you are in your journey, offering tailored solutions to suit your evolving needs and aspirations. Let us be your partner in success, delivering the expertise and support you need.

Continuous Communication

Throughout the entire process of working together, we engage in continuous communication with our clients, ensuring that every quarter, we identify and prioritize their highest business outcomes. Our professional bookkeeping services go beyond number crunching. Whether it's achieving sustainable growth or optimizing profitability, we craft customized solutions and provide a clear financial roadmap to success. We then closely monitor performance, reviewing progress against the established plan, and making adjustments as needed to drive optimal results. With our proactive approach and tailored strategies, we empower our clients to achieve their financial goals efficiently and effectively.

Your Business is Unique

Your business is unique, and at Core Group, we recognize that. That's why our professional bookkeeping services are designed to be flexible and adaptable to your specific needs. Whether you're a small startup or an established enterprise, our team is committed to providing tailored solutions that optimize your financial management. With our expertise in bookkeeping solutions and commitment to excellence, we empower you to make informed decisions and achieve your business goals. You can trust Core Group to be your partner in success, delivering reliable support and strategic guidance every step of the way.

Why Hire Us to do Your Bookkeeping?

Hiring Core Group for your bookkeeping needs ensures more than just financial management; it guarantees peace of mind and tangible benefits for your creative business. With our professional bookkeeping services, you can count on accurate record-keeping, proactive tax planning, and streamlined financial processes. Our team's expertise in bookkeeping solutions and dedication to client satisfaction and personalized support set us apart from the competition. We understand the nuances of small business bookkeeping services, so we offer tailored solutions that align with your goals and aspirations. By entrusting your bookkeeping to us, you free up valuable time to focus on growing your business. Choose Core Group as your bookkeeping partner and let’s start turning your passion into lasting profit.

FAQs

  • When you sign up for Core Group's small business bookkeeping services, you can expect tailored solutions, meticulous record-keeping, proactive tax planning, streamlined processes, and expert guidance to optimize your financial management. We will meet your business where it is and adjust our services to meet your needs and goals.

  • Bookkeeping involves the systematic recording of financial transactions, while accounting encompasses a broader scope, including interpreting, classifying, analyzing, summarizing, and reporting financial data. Bookkeeping focuses on maintaining accurate records of daily transactions, whereas accounting involves interpreting those records to provide insights for decision-making, financial planning, and compliance. In essence, bookkeeping is the foundation of accounting, providing the raw data necessary for accounting processes.

  • Bookkeeping services benefit creative entrepreneurs by providing accurate financial records, proactive tax planning, and streamlined processes tailored to their unique needs. These services alleviate the burden of financial management, allowing entrepreneurs to focus on their creative endeavors. With our expert guidance, creative entrepreneurs can make informed decisions, maximize tax savings, and maintain financial stability, ultimately empowering them to thrive in their artistic pursuits while ensuring the fiscal health of their businesses.

  • Yes, both small businesses and solo content creators can benefit significantly from professional bookkeeping services. While the scale and complexity of their financial operations may differ, the need for accurate record-keeping, proactive tax planning, and financial management remains crucial. Professional bookkeeping services help small businesses and solo content creators maintain compliance with tax regulations, optimize their financial processes, and make informed decisions to support their growth and success. Additionally, outsourcing bookkeeping tasks allows entrepreneurs to focus on their core activities, ultimately saving time, reducing stress, and ensuring the financial health of their ventures.

  • Absolutely, bookkeeping services play a critical role in managing cash flow, especially in the unpredictable creative industry. By maintaining accurate records of income and expenses, monitoring receivables and payables, and providing insights into cash flow patterns, bookkeeping services enable creative entrepreneurs to anticipate financial challenges and opportunities. Moreover, proactive cash flow management strategies, such as invoice tracking, expense monitoring, and budgeting, can be implemented with the support of professional bookkeepers. This ensures that businesses in the creative industry can navigate the ebbs and flows of cash flow more effectively, ultimately enhancing financial stability and sustainability.

  • Relationship building is built into our service, with quarterly meetings to focus on your business finances and taxes. Our team invests heavily in soft skills education such as emotional education and communication.

  • We do NOT work in your QuickBooks file. If you use QuickBooks, you can continue to use it as you always have, and we will obtain whatever information we need.

  • Don't worry, you are not alone! We can catch your bookkeeping up even if you haven't done it for multiple years.