If you are a founder of a growing company and don’t have expertise with tax planning, bookkeeping, or payroll, you can save money by outsourcing your accounting to a firm who has experience working with startups.
At Pasquesi Partners we work with bootstrapping startups who require help financially planning their new business, as well as existing, fully-funded companies looking for assistance with their accounting needs.
We prepare monthly financial statements, analyze profitability, manage accounts receivable/payable, provide comprehensive payroll services, and more. Unlike other accounting firms, we use the latest cloud-based accounting technologies, ensuring that all financial information is easy to update, access, and understand for everyone involved.
New Business Formation
Do you have the next hit app? Does your food truck have the potential to be a restaurant? If you have a great business idea, the next step is creating a formal business plan for your emerging company.
Our accounting services for startups and small businesses include:
- Development of a business plan, including financial statements
- Determining the appropriate legal structure of your business (C-Corp, S-Corp, or LLC)
- Registration with the IRS and state agencies
- Establish a payroll processing package
- Assistance with insurance coverage
- Cash flow management
- Accounts payable/receivable
- Revenue recognition
Small Business Tax Preparation Services
Tax planning can save your startup thousands of dollars when it’s time to file taxes. Speaking with an experienced accountant about your business’ goals, planned spending and other details about the upcoming year can help shape a picture of tax credits your business might be eligible for. With this information our team at Pasquesi Partners can create a tax strategy to help save your up-and-coming startup money.
Our tax services include:
- Business income tax returns
- Tax projections and year-end planning
- Estimated tax calculations
- State income taxes
- Sales taxes
- Payroll taxes
- Representation for tax audits
- Extension forms
- Quarterly estimated tax payments
Save time, money and headaches by having us take care of all of your payroll needs. Our services include detailed reports of your company payroll, tax reporting to governments, tax payments, direct deposit and payroll checks. Outsourced payroll services make everything easy and hassle-free — from time entry and check processing to filing taxes — and allow you to utilize paperless processes, encrypted data, and storage functionality without large capital investments.
Eliminating the need to maintain payroll proficiency within your employee base allows you to focus talent on growing your business. No more paperwork, no more data entry, no more researching updates on new laws or worrying about making a mistake.
Business Advisory & Financial Statements
We provide consulting and strategic analysis for entrepreneurs and small business owners by helping to identify growth opportunities and ways to streamline operations to make business more profitable. If you are a startup or an existing small business looking to obtain a loan or alternative funding, you may also need financial statements for either a bank or private investors.
Rest assured that your finances are being managed by the experts who care to make your business succeed. We offer both review and compilation services and can organize balance sheets and income, equity, and cash flow statements. Pasquesi Partners offers full-service accounting and monthly financial statement preparation services for all Chicago-area businesses to make your financial information easy to access at all times.
Outsourced Accounting Solutions
As an entrepreneur and small business owner, you should devote your resources to things you’re passionate about. Why not turn over the more tedious and time consuming parts of your business to us, which enables you to use your time and resources more efficiently?
We prepare monthly financial statements, analyze profitability, manage accounts receivable/payable, provide comprehensive payroll services and more.
Cloud-based Accounting Software
At Pasquesi Partners, we utilize cloud-based accounting software, such as QuickBooks and Xero, enabling your startup to have shared access to the aforementioned accounting services. Access your financial data anytime from anywhere with secure, cloud-based accounting software. With 24/7 access to your financial data, finding the information you need to run your business is easier than ever.
Pasquesi Partners is a Certified ProAdvisor for both Quickbooks and Quickbooks Online and will work with you to get started using cloud-based accounting software platforms, ensuring your account is setup and optimized — saving you time and money when tax season rolls around.
Our accounting firm is here to help your Chicago startup.
Based in Chicago, IL with offices in Lake Forest and the Loop, at Pasquesi Partners we are happy to meet with you in person and discuss how cloud-based accounting and virtual bookkeeping can work for you. Our mission is to help you succeed by offering tailored accounting services that can help you streamline your business. Let us take care of your accounting, taxes, payroll, and other tasks so you can get back to focusing on your business.