This is one of the few platforms in the space that I’ve reviewed that includes customer management, invoicing, and accounts payable management. Because it requires full annual payment before you can even try the software, and doesn’t offer a prorated refund after 30 days. Just Accounting Periods and Methods so you are aware, you have reached JustAnswer.com, an online legal question and answer site. We do not provide representation and no attorney-client relationship is formed.

What types of businesses can benefit from online bookkeeping services?

They provide year-round tax advisory support, calculating IRS quarterly payments to avoid underpayment penalties and interest. For $99, 1-800Accountant will file for your employer identification number (EIN) through the Internal Revenue Service (IRS). You need this to get a business bank account, file business taxes, and get business financing. They often have special offers available for starting at a low cost or $0 plus state fees. Additionally, they handle the filing of your business license directly with the Secretary of State, ensuring compliance with state regulations.

Frequently asked questions

Bench is the all-in-one financial solution that helps you grow your business. Get your bookkeeping, income tax prep, and filing, done for you by experts – backed by one powerful platform. Try for free and save 30% off your first 3 months as a Nav member. It offers both bookkeeping and accounting services, depending on the level of service you choose. If you feel comfortable doing your own bookkeeping you may not need to pay for that service. If you want someone to do it for you, you can either hire your own bookkeeper and still use this service for your accounting and tax needs, or you can choose the plan that includes bookkeeping.

Quarterly Small Business Taxes

Of course, when it comes to finances, people are more likely to speak out about a poor experience than they are a positive one. In fact, 75% of employees would recommend a job with the company to a friend, and it has an overall 4-star internal rating. 1-800Accountant’s address is listed as a Regus office in Manhattan at 260 Madison Avenue, Suite 1001. Regus is a coworking space, which tells me the team is either particularly small or primarily remote – 404 Glassdoor votes signal that it’s the latter. However, Rosedale does show-off some pretty impressive accounting credentials.

Many companies charge a hefty fee for this service, but it’s super easy to do yourself. Instead of paying a fee, you can just visit the IRS website and apply with your business info. They say that this can potentially result in significant cost savings over time. The reason this is true is because if you file appropriately, you can maximize your tax savings at the end of the year. However, keep in mind, they’ve had positive feedback as well (head over to Trustpilot to see the full array).

Explore everything from their offerings to customer feedback, helping you make an informed decision about whether 1-800Accountant is the right fit for your business needs. 1-800Accountant has Catch Up Bookkeeping 41 reviews on 99consumer.com, with an average rating of 3.2 out of 5. This indicates that most consumers are satisfied with their business interactions and dealing.

• You can choose the level of service your business needs, and all paid plans include access to a dedicated accountant.
• Indeed, another way that 1-800Accountant essentially pays for itself is with its in-depth and helpful tax preparation.
• We will try our best to help you out, but please know that you’re not speaking to a representative of 1-800Accountant.
• If you’re an active member, their certified Enrolled Agents (EAs) and CPAs handle all aspects of the audit process, from preparation to representation.
• There are some video tutorials throughout the dashboard, although they’re few and far between.

• While 1-800Accountant displays high average ratings on a couple of third-party review sites, dig a little deeper and you’ll find a very different story.
• Questions and answers about starting, owning, and growing a small business only.
• 1-800Accountant claims to be accustomed to working with any existing bookkeeping system you may be using.
• The most notable shift from 1-800Accountant’s old structure is the elimination of their free “Startup” plan that used to help with LLC filing.
• My LLC started mid December 2022 and I reached out for their service March 14, 2023 they informed me they would do my taxes for 2022 and business taxes for 2023.
• Freshbooks is especially popular with freelancers and independent contractors.

If you don’t need all of the services, it’s feasible that you could save money by going a different route. But, if you’re likely to utilize all or most of the services, the platform could provide major cost and time savings. Kristin D was exceptionally helpful through my entire experience with Accountant. They managed to solve any and all questions I brought up during my experience there and always responded in a timely manner. Kristin helped me setup payroll for 1800accountant my company and helped me transition smoothly once I was looking to move on to my own personal payroll management. Overall, I would recommend for any new or experienced business owner.