We’ve answered questions about our tax & accounting services.
At Gecinger Tax & Accounting, we offer comprehensive tax and accounting services for small businesses that require professional financial solutions and guidance. We’ve answered some common questions we receive about our services from current and prospective clients.
What services do you offer?
We are a full-service firm offering comprehensive tax preparation and planning, monthly accounting, bookkeeping, payroll services, and strategic counseling for both individuals and small businesses.
How long have you been in business?
We have been in business since 1984. As a family-owned and -operated firm, we are now in our second generation of providing professional financial guidance.
Are you only open during tax season?
Not at all. Unlike many firms that close after April, we are open throughout the year. We believe sound financial management requires attention on a monthly basis.
What makes your services different from automated accounting software?
While software can track numbers, it can’t provide proactive advice or tailored strategies. We offer a human touch, interpreting your data to help you make sound decisions and identify opportunities for growth.
Why should I choose your accounting firm?
When you choose us, you are choosing a partner who understands the tax landscape and local business environment in North Carolina. We build long-term relationships based on accessibility and transparency.
Do you handle both personal and business tax filings?
Yes! We can help with individual income tax returns as well as corporate, partnership, and small business tax filings.
How can tax planning help me during the year?
Tax planning is about avoiding surprises. By meeting with us quarterly or monthly, we can help you estimate your liabilities, adjust your withholdings, and implement strategies to reduce your overall tax burden before the end of the year.
What should I do if I haven’t filed taxes for several years?
Don’t panic and reach out to us. We can help you gather your records, file back taxes, and communicate with tax authorities to help you get back on track.
Can you help me understand new tax laws?
Absolutely. Tax laws are constantly changing. Part of our job is to stay informed on these updates, so you don’t have to. We can interpret how these new laws will affect your specific financial situation.
What does your monthly accounting service include?
We provide simplified monthly reports, operating statements, and balance sheets. We will break down your sales, costs, and expenses, so you have a quick and accurate picture of your business’ health.
Why is bank reconciliation important for my business?
Bank reconciliation ensures your book balance matches your actual bank statement. This can help us catch bank errors, identify money leaks, and prevent accounting discrepancies.
Can you help me set up a general ledger?
Yes! We maintain a comprehensive general ledger that records every transaction. This provides an essential information trail and ensures your financial reports are properly organized and prepared.
What is included in your payroll services?
We offer turnkey payroll solutions, including calculating wages, managing tax withholdings, and ensuring all state and federal payroll tax filings are submitted accurately and on time.
How can outsourced payroll save my business money?
Outsourcing payroll to us eliminates the need for expensive in-house software or a dedicated payroll employee. It also reduces the risk of costly IRS penalties that can result from filing errors.
What is business counseling?
Think of us as your offsite CFO. We can analyze your financial records to suggest new procedures, identify opportunities for expansion, and help you control unnecessary outflows of cash.