Accounting & Bookkeeping

At Culpepper and Associates, we can handle all bookkeeping requirements.  Large or small businesses, you can rest assured that our experienced full-charge bookkeepers can keep accurate books on your business.

In instances where you need to borrow funds from a bank or other lending institution, we can issue compiled financial statements.  We can even make corrections to erroneous bookkeeping done by your prior bookkeeper or CPA.  Please phone to schedule an initial interview so we can determine how to best serve your bookkeeping needs.

Certified QuickBooks Pro Advisor (also experienced in Point of Sale and Enterprise versions)
Full charge bookkeeping services
Can do your books on your system (remotely) or on our system
Client-specific secured portals for uploading important documents and QuickBooks files
Monthly issuance of financial statements and monthly review meetings with the client
Custom QuickBooks training courses
Setup of business including connection with a partner banker to set up a bank account, obtaining tax I.D. #, registration with various state tax authorities, corporate filings, etc.
Payroll, payroll reports, W-2’s, 1099’s

Tax Preparation

TAX PREPARATION - PERSONAL

We prepare your IRS and state tax returns starting at just $300. We specialize in all schedules including Schedule C (sole proprietor business), Schedule D (sale of investments & assets), and Schedule E (rental properties, etc.).

  • Quick Tax Return Preparation
  • Accurate Calculations
  • Tax Minimization Strategies
  • Free Review of Prior Years’ Tax Returns (to look for missing deductions)

At Culpepper & Associates, we pride ourselves with delivering quick and accurate tax return preparation services.

 

TAX PREPARATION – BUSINESS

We prepare your IRS and state business tax returns starting at just $100 per hour. We specialize in all business entity types including C-corporations, S-Corporations, Partnerships, LLC’s and Sole Proprietorships (Schedule C of Form 1040).  We also prepare Estate, Trust and Non-profit (501c3) tax returns.

  • Quick Tax Return Preparation
  • Accurate Calculations
  • Tax Minimization Strategies
  • Free Review of Prior Years’ Tax Returns (to look for missing deductions)

At Culpepper & Associates, we pride ourselves on delivering quick and accurate tax return preparation services.

Offer In Compromise - Erase Your IRS Taxes

You owe the IRS. You can’t afford to pay the IRS. You’re in a bind.

The good news is you may qualify for the Offer in Compromise program through the IRS. What is an Offer in Compromise?
An Offer in Compromise is an agreement between the taxpayer and the IRS that resolves the taxpayer’s debt for less than what is actually owed. Yes, the IRS does have the authority to “compromise” or settle tax liabilities, under certain financial circumstances. The most common circumstance is when it is unlikely the taxpayer will ever be able to pay the liability in full, and the amount offered reflects what the taxpayer can realistically pay.

The Offer in Compromise is a win-win situation for all involved – the taxpayer and the IRS. The taxpayer can finally breathe a sigh of relief knowing their tax debt has been taken care of. The IRS can find relief in knowing, in more cases than not, they collected more on the debt with an Offer in Compromise than they would have without it. Also, the taxpayer is more likely to stay in compliance when it comes to filing and paying future taxes as part of the condition of the Offer in Compromise agreement.

In fact, according to the Taxpayer Advocate Service 2007 Annual Report to Congress, the IRS collected 17 cents for every $1 owed through accepted Offers in Compromise in the fiscal year 2007. In the past, IRS research shows they collected 13 cents for every $1 owed on two-year-old debts and virtually nothing on debts three or more years old.

At Culpepper and Associates, we never advise any taxpayer to deal with the IRS themselves. Culpepper and Associates has an experienced tax team to help negotiate an Offer in Compromise for taxpayers that qualify for the program.

The Offer in Compromise program is very complex and time-consuming, sometimes taking as little as six months and other times as much as two years. But when you hire Culpepper and Associates, you can be comforted in knowing that our Tax Team has years of experience dealing with the IRS. Results are not the same for all taxpayers, but you can be assured that you can face the IRS with confidence when you have our Tax Team on your side. Give us a call today and take the first step towards getting peace of mind.

 

 

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Business Services

Whether your business needs bookkeeping services, payroll or tax preparation, we are with you all of the way.  We can also provide temporary onsite help, as well as provide a temporary or part-time Controller to oversee your accounting department.

Accounting, Payroll, Tax Preparation

Whether its monthly accounting services, bookkeeping, preparation of financials, payroll, or tax preparation, we can assist you in having piece of mind in knowing that your financial needs are being met.

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Ready to save money...

Phone us for a free consultation and learn how we can help you save money on your taxes.