As a franchise owner/operator, you have a lot on your plate. And as you know, accounting can be complex and time-consuming. Let Wilkinson CPA manage your accounting functions so you can focus on your core business.
Our firm works with both new and growing franchise clients in a variety of industries and will build a plan specific to your needs. During an initial consultation meeting, we will ask questions and gather information to get an understanding of your business situation and needs. We will then customize a portfolio of services to best serve your franchise. With deep knowledge of federal and state and local tax (SALT) codes and regulations, our team will provide ideas to capitalize on opportunities to reduce your tax burden and maximize cash flow.
It’s important to work with tax professionals who have franchise accounting experience. These professionals can help you make sure expenses are categorized correctly, sales taxes are filed timely, and annual property taxes managed properly. Franchise accountants will also make sure you are compliant in terms of payroll taxes and both federal and state income tax.
As a franchise owner, it’s critical to handle franchise fees correctly. We can help you understand how these fees get managed and keep track of them year to year.
Available services include:
- Bookkeeping
- 1099s
- Account reconciliation
- Preparation of financial statements
- Year-end tax preparation
- Ongoing sales tax and business personal property tax support
- Tax consulting
Let’s talk about how we can help you. Contact us online or at 803-768-1451.