200 Plantation Chase
St. Simons Island, GA 31522
Small Business
Small Business
Graham | Adams supports small businesses with accounting needs by providing expertise, guidance and services that streamline financial management. Here's how we help:
Setting Up Accounting Systems
- Selecting the right software
- Creating a chart of accounts tailored to your business
- Implementing procedures for tracking income, expenses and cash flow
Business Bookkeeping
- Recording all transactions
- Reconciling bank and credit card statements
- Categorizing expenses for easy tracking
Preparing Business Financial Statements
- Income Statement (Profit and Loss): To show profitability over a period
- Balance Sheet: To display assets, liabilities and equity
- Cash Flow Statement: To track cash inflows and outflows
Tax Preparation & Compliance
- Filing federal, state and local taxes
- Identifying deductions and credits to minimize tax liability
- Ensuring compliance with ever-changing tax laws and deadlines
Business Budgeting & Forecasting
- Managing resources effectively
- Planning for growth or potential challenges
- Making informed decisions based on realistic projections
Business Payroll Services
- We manage payroll processes, ensuring timely and accurate payments, proper tax withholdings and compliance with labor laws.
Business Advisory Services
- Cash flow management
- Financing and loan applications
- Business expansion or restructuring
- Strategic decisions like pricing, hiring or investment
Business Tax Planning
- Planning for future tax obligations
- Advising on entity structure (e.g., LLC, S-Corp) for tax efficiency
- Evaluating eligibility for tax credits and deductions
By taking on these responsibilities, Graham | Adams frees up small business owners to focus on running and growing your business while ensuring your financial health is in expert hands.