mycountsolutions

[mycountsolutions]

Corporate Payroll Services in Houston, Texas

About My Count Services

We are a company that offers payroll services based in Houston, Texas. At My Count Solutions, we are dedicated to providing an efficient, online bookkeeping service that will eliminate a wide array of the work and worries associated with the financial organization of any company, be it small or large. The birth of this company was brought on by the realization that every business can use some help when it comes to bookkeeping and when these concerns are taken off the shoulders of entrepreneurs, they are more likely to thrive in their business and focus on more pressing matters, while we manage the bookkeeping with our payroll services.

Best Payroll Services in 2020

Depending on the workload and services required from us, our company offers some of the lowest prices to smaller businesses for our bookkeeping and corporate payroll services.

Having the hassle of payroll off your back and handed to us will ensure a lack of pesky clerical errors that can result in misunderstandings and fines. We make sure your employees are satisfied. My count solutions handle the payroll of a wide variety of companies of all sizes and customer satisfaction is our biggest priority as well as our pride.

Taxation and Audits

We also handle taxation for our clients and represent them during audits with the IRS. The thought of tax preparation is one that intimidates many new business owners and discourages them from pursuing their dreams. We are committed to removing the roadblocks from your journey and in view of this commitment, we bring your tax preparation into the experienced hands of our accountants for a minimal cost and save you the hassle and the anxiety of accidentally messing up on your taxes. We stay up to date on new regulations and legislation.  Therefore, when your business grows, we grow with you and our tax preparation service evolves with the unique needs of your particular company.

Organization and Security of Records

Our cloud-based services are at your disposal 24/7. Gone are the days of lugging around tons of paperwork and having to keep it meticulously organized by hand. All your records will be at the touch of your fingerprints, along with any data processing you require to be done by our software or our accountants. My count solutions will keep your records secure from any prying eyes and malicious viruses that can harm your data.

Why Choose My Count Solutions?

Outsourcing your bookkeeping to us at a small cost is an investment that will pay itself off several times in the course of your entrepreneurial journey. The time and hassle you save with our tax preparation and audit services and corporate payroll services will allow you to work on every other facet of your business and your personal life in a better way. On top of that, our bookkeeping service will keep your records in spotless order and top security. You will be able to prioritize the needs of your own customers and satisfy their every demand over handling the headaches of tax season. Consult a representative at My Count Solutions for payroll services based in Houston today to find a plan that works for your business and fulfills all your needs.

[mycountsolutions]

Taxes in Texas

Texas State Tax Brief Information

Income Tax: Nil

Sales Tax: 6.25 % - 8.25 %

Property Tax: 1.83% average effective amount

The Lone Star State, Texas is one of the seventh states that have no income taxes of any type. As a result, it repeatedly has a prominent place in lists of the best tax-friendly states, but its sales and property taxes not by any means quite as kind to the average taxpayer’s pocket.

ONCE UPON A TIME, I DID MY TAXES. I DID NOT LIVE HAPPILY EVER AFTER

"Money is a major source of stress on people, and what tax season does is shine a great big spotlight on the issue," Michael McKee, a Cleveland Clinic psychologist and president of the U.S. branch of the International Stress Management Association, tells WebMD. "Money takes center stage at tax time, even if you might have been able to push it to the wings the rest of the year."

These both statements could be 100% true as calculation of income and then paying taxes could be stressful. So it is advisable to hire a CPA or Tax Accountant for tax calculation purposes. Another option could be  using   services available online that can provide income calculator facilities or online payroll services such as My Count Solutions, They have the experience and innovation to explore the complexities and make income calculation and tax calculation simple.

5 Essential Points to take into Account when Finding the Best CPA or Tax Accountant Near Me

Not all CPAs or Tax accountants are going to be the best for you. Think about it. When you have a problem with your laptop, you browse for the best computer repair technician. The same rule applies to your taxes. Shop around for the Best tax accountant that will get the job done perfectly. 

The following are points that you should keep in mind as you look around for the best CPA or Tax accountant:

Begin with the PTIN: Figure out if your tax advisor has a Preparer Tax Identification Number (PTIN). This is an IRS obligation for anyone who gets paid to prepare tax returns.

Check Qualifications: There are several qualifications tax preparers can acquire. Some of the names which  considered are:

CPA

Law Degree (Highlighting Tax Law)

IRS Enrolled Agent

Achievement of the IRS Annual Filing Season Program

Experience: When finding the  Best CPA or right tax accountant for you, don't forget about the experience. Maybe someone is a CPA, but they just completed school and does not run high practice with tax returns.

Ask About Price: A CPA or tax accountant probably does not know precisely what amount your tax return will cost until he gets into it. But they should be able to provide you the right idea of what lies ahead.

Look for E-Filing: If your tax CPA doesn't provide E-filing services, that's a warning signal. If a paid tax CPA does more than ten returns, they must offer E-file through the IRS system. So if your tax professional doesn't offer E-file, they may not be handling too many tax returns and may lack experience.

[mycountsolutions]

What is QuickBooks Live?

QuickBooks Live Bookkeeping (QuickBooks Live) is a monthly bookkeeping subscription service for small enterprises, which is provided by professionals and bookkeepers commonly termed as QuickBooks bookkeeping service. People are always searching for ‘QuickBooks bookkeeping near me’. Although it’s not available yet, QuickBooks Live is geared toward serving small businesses that aren’t presently connected to a professional advisor or bookkeeper. While many small businesses utilizing QuickBooks Online are linked to professional advisors. The research shows that 40 percent of small businesses don’t work with an advisor or an accounting professional. That said, 89 percent of small businesses say they’re more fruitful when working with an accounting professional. QuickBooks Live intentions to bridge that gap, providing small businesses with the accounting professionals they need to prosper.

For professionals and bookkeepers, QuickBooks Live offers a new opportunity to earn extra money, plus offers the flexibility of remote work and setting their hour all while uplifting the value of human-powered financial administration in such QuickBooks accounting and bookkeeping services. This is the next step in our constant effort to help partner small businesses and the self-employed with experts and bookkeepers.

Earlier this year, Intuit debuted QuickBooks Live, an on-demand bookkeeping service equipped through its website, as its virtual bookkeeping service. The software company made it crystal clear that it would, at first, lease only certified QuickBooks experts to serve as on-demand bookkeepers on the new platform. Intuit has now laid out clear needs for those interested in the opportunity.

Professionals who have already provided their names/information will be communicated directly, so there is no need to sign up again. Those interested in signing up can do so here.

Future Goals of QuickBooks Live

Over the next few months, QuickBooks Live will be adding more bookkeepers based on client demand. The requirements for the bookkeepers are as follows:

An active CPA credential (Certified Public Accountant)

An active CPB credential (Certified Public Bookkeeper)

3+ years of recent experience handling the books for Small Business Clients

Received a 4-year business degree in Accounting/Finance

A minimum of one-year’s experience waged with QuickBooks Online.

Separately, Intuit has also familiarised updates to QuickBooks Online.

Payroll Enhancements

QuickBooks Online Payroll now offers a one-day direct deposit, letting small businesses to pay full-time, part-time, and contract employees quicker and keep money in their accounts for an extra day. QuickBooks always debits the small business on the day his or her employees are truly paid. The changes are also meant at giving users more time to fix errors or add employees to payroll.

QBO Payroll also now structures a payroll outline screen that shows what tasks are required to be completed.

Users are now able to access the employee system, giving them the ability to add or edit pay types and other setup arenas, without having to exit the Run Payroll stream. This update cuts the number of clicks needed to edit an employee in half, according to Intuit.

Users can now launch a “preview payroll details” report to see a full list of paychecks created before succumbing payroll. Intuit reports that this lets business owners double-check payroll and eradicate mistakes.

Customer Feedback Updates

Introduced as a response to customer feedback, the new reclassify transactions screen is intended to enhance and match the existing bulk reclassify experience for users. This update is meant at solving usability issues and provides a reliable experience for users.

[mycountsolutions]

Remote Payroll Services Perks and Benefits

Businesses Ideal for Third-Party Payroll Services Businesses Ideal for Third-Party Payroll Services

As your business grows year-after-year, so will your employee number. In such a situation, it’s best to reach out to a remote staffing firm offering payroll customer service.

Startups, corporates, small and medium-sized enterprises influence third-party payroll service small business or payroll tax service to cope with the additional demand (for employees). 

This move helps companies become more cost-effective in the long run. 

How precisely? Let’s dive in and take a look. 

Benefits of Third-Party Online Payroll Service

Contract staffing in the United States is not an old method. It’s a rather a new method of hiring which, in recent years, has found success and fame amongst businesses. 

Mostly for the facilities offered, which are personalized to meet business’ requirements. 

Onboarding, compliance management, 3rd party payroll services, allotting offer letters to temporary employees, and even termination procedures are handled by contract recruitment companies in the United States.

Of course, they charge some sort of fee. But hiring a contract staffing agency for 3rd party payroll services makes a good sense as you get a lot of benefits in return. 

Here are 4 such benefits.   

Time Saved

As we all know that searching, screening, and recruiting the exact talent is time-consuming and a lengthy process. So, outsourcing it to a third party payroll supervision partner saves time.

Expenses Reduced

A contractual staffing partner has a ready data pool and infrastructure enclosed by payroll and compliance experts which allows them to hire at a lower cost.

Experts at Work

Contractual staffing partners focus on having an in-house team of experts who handle recruitment, payroll and compliance, and employee supervision.

These firms guarantee that they monitor continually changing directions and government norms.

Peace of Mind

By selecting third-party payroll services, you wash your hands of, among others, disbursing salaries, managing compliances, remitting payroll taxes, maintaining payroll software, and producing reports for in-house use.

Everything is taken care of; acquitting time and resources for you to quicken business growth.

You Must Know: Who Should Opt for Third-Party Payroll

Below are some people that advocate payroll services.

Employers or business owners who can’t manage salaries, employee benefits, tax processes

Employers who don’t find enough time and/or don’t have an in-house expert team to hire candidates or manage end-to-end employment

Candidates who want to work with high-value clients, but don’t have enough hands-on involvement. These are mostly novices, students, and recent graduates 

Candidates who are ready to work for a short tenure on a contractual basis.

Businesses Ideal for Third-Party Payroll Services

IT Companies (Including Hospitality, Banking, and Finance, etc. areas)

Software

Hardware

Non- IT Companies (Including Retail, Construction, and Pharma, etc. domains)

BPO Sectors (Including Voice/ Non-Voice/ Customer Support and Service areas)

Payroll is a time consuming non-core business role. And by non-core, it does not serve as a hub for profit, however essential it may be. For this purpose, businesses have long preferred outsourcing it to third-party payroll works.

[mycountsolutions]

Bookkeeping For Small Startups

For new startups and their founders, dealing with the bookkeeping for startups can be a threatening and apparently daunting task. Indeed, even probably the most essential parts of accounting, for example, bookkeeping for startups, can get muddled. It is significant for startups to keep their financial records in perfect condition, as having clean financials fill a huge number of needs. Regardless of the significance of bookkeeping for startups, it despite everything stays one of the most widely recognized issues that I've assisted startups throughout the years. To help comprehend the significance of bookkeeping for startups lets analyze what bookkeeping is, providing tax solutions & bookkeeping.

What is bookkeeping?

Professional bookkeeping services can be characterized as the efficient recording, categorization and reporting of the financial data of an association. At the end of the day, bookkeeping is your organization's method of "narrating with financial data." Bookkeeping will follow the value-based action of your business, for example, accepting, recording and taking care of tabs or making, recording and sending solicitations for administrations rendered. There are commonly two ways to deal with accounting bookkeeping will follow–money premise and collection premise. Most private companies and startups will, by and large, follow the money premise of accounting because of its less difficult nature, yet there are a few exemptions, and it is suggested that you talk with a Certified Public Accountant preceding figuring out which accounting strategy you'll employ.

For what reason is it significant?

Bookkeeping for startups is fundamentally significant, for the most part for the reasons for assuaging your various stakeholders. When all is said in done, you'll perform bookkeeping for three principle stakeholders, recorded underneath:

Management

Investors/Creditors

The IRS

Every last one of these stakeholders utilizes your financial data in an unexpected way. The board will utilize the financial data to settle on key choices for the business. Instances of such key business choices incorporate development endeavors, cutting explicit assistance contributions or product lines, gainfulness by business portion and numerous others. Your speculators and additionally banks may take a gander at the financial proclamations a piece in an unexpected way. For instance, speculators might be generally worried about your organization's income development, or your income. Lenders might be generally inspired by your accounting report and ensuring you're abiding by obligation pledges set out in the conditions of your advance. At last, you'll utilize your financial proclamations to report your business livelihoods (or misfortunes) to the IRS and pay any tax commitments that may emerge.

What are the options?

While deciding how to deal with the bookkeeping for your startup, business owners generally exhort that another startup or private venture begins by opening a different financial balance (and charge card, if essential) that will be utilized carefully for business purposes. There are legal explanations behind this, yet it additionally makes bookkeeping a lot more straightforward and progressively sorted out. When a different financial balance is set up, you need to choose whether or not you'll utilize bookkeeping software, for example, QuickBooks Online, Xero, or Wave, or in the event that you'll just track your pay and costs by utilizing a spreadsheet. Utilizing an accounting software is normally my first proposal, yet in the event that the expense of these software bundles is restrictive, ensure you're utilizing an Excel spreadsheet at an extremely least. For more direction on choosing what choice is best for you and your startup, counsel a CPA.

[mycountsolutions]

Why Startups Require Best Accounting Mechanism

A small business organization is an organization or a startup that is made of at least one business visionaries and aims at bringing a new product or service to the market. People search ‘best small business CPA near me’.  In most cases, founders fund initially for setting up a startup. They contribute a considerable measure of time and cash in research. For the most part, small business owners are engaged with the procedure. Along these lines, since the startups don't have a solid foundation at the underlying phase of activities, accounting gets significant for them.

Accounting Mechanism

Accounting is the way toward recording financial exchanges of a business every day that incorporate deals, buy, receipts, installments. It is a piece of bookkeeping that records financial undertakings of the business as diary sections. It is fundamentally a method for entering information into the bookkeeping framework.

Here is a portion of the significant reasons why startups require small business accountants.

Better tracking development

For startups, it's critical to follow their development as they are in their underlying phase of tasks and they are contributing a significant measure of time and cash. In this way, accounting furnishes them detail concerning benefit and development. A business can develop if you dissect the development by following the financial records, which can be just given by precise accounting.

Tax management

Each organization is required to pay taxes as a personal duty and backhanded expenses like GST. They are required to document Income assessment forms and GST returns as on due dates. For this, they need nitty-gritty and precise data on revenue, deals, purchases, and so forth. Here, small business owners get the data from the accounts kept up and along these lines, accounting helps in the calculation of both the types of taxes. Additionally, the books of accounts kept up help in a deep examination of the financial transactions, which can be utilized for tax management.  For most of the reasons people search for ‘Quickbooks bookkeeping services near me’.

An appropriate review of accounts

During the review of books of accounts, accounting becomes significant because it gives clear and periodical information to the reviewer. Additionally, the inquiries raised by the evaluator can be appropriately replied if the auditor keeps up legitimate books of accounts. This spares the auditor from an ominous comment in the review report.

No headache for the business owners

At the point when startups settle on great accounting administrations, they can concentrate on their procedures and objectives as opposed to concentrating on the support of books of accounts. Their work gets decreased to checking the subtleties of financial exchanges recorded and breaking down the outcomes.

Conclusion

Opportune accounting is key for monitoring the financial transactions of the organization. It empowers the administration to settle on educated choices knowing how the organization is performing and what remedial activities are required. In this way, startups ought not to ignore the significance of accounting as it is a proportion of business execution as far as cash and not weight. So, startups should not overlook the importance of bookkeeping as it is a measure of business performance.

My Count Solutions provide best small business accountant Fort Worth.

[mycountsolutions]

Why it is Important to Use Out Sourced Payroll Services?

Small companies face many kinds of problems including payroll issues that often fall on already timeworn H.R. departments, leave payroll managers or accountants in a big world of tax codes, regulations and stiff penalties for missed deadlines. The IRS doesn't play with regards to your organization's payroll or tax services. Luckily, My Count Solutions uses specialists with long stretches of understanding to take the pressure of payroll services out of your hands, permitting your workers to concentrate on what is important most i.e. your clients. A question arises, for what reason is My Count Solutions’ online payroll services is your organization's best asset? The appropriate responses may astound you.

Distance from Tax issues

Late payroll charges can have genuine outcomes up to and including the loss of your whole business. The IRS keeps a close check on entrepreneurs since they are oftentimes the biggest culprits of uncollected taxes and in this way, they become the biggest offenders of potential income for the administration. The IRS has nothing to lose by reviewing your business and asserting their lost benefits. So it's ideal to do things appropriately in the first run or the consequences will be severe. That is the reason, payroll tax service is of dire importance to any organization.

Experts;

My Count Solutions utilizes just the most educated expense specialists. Payroll preparing is distressing for everyone, particularly when changing codes and expanding legitimate penalties are thought about. Keeping up with the latest changes can become a job within itself as your busy employees simply do not have time to deal with it. Little mistakes in bookkeeping caused by negligence can cost organizations significantly more than hiring the right company to deal with payroll and tax services. Let your workers center around giving superb client care and administration. We'll deal with the rest.

Precision:

IRS doesn’t commit any mistake and similarly, our financial management ensures every last fraction and decimal are calculated for precise payroll and tax payouts. Our experts understand your business. It isn’t they just care about revenue generation. It’s about saving your revenue. The IRS feels the same way. The government has a right to come after individual business owners to collect an outstanding debt. My Count Solutions provide accurate payroll services, keeping your business up to date with the latest tax code of conduct so you can focus on achieving your personal business goals without legal interference.

Damage Control:

Has your independent venture payroll previously ended up wallowing in an ocean of ceaseless codes and evolving guidelines? Our payroll customer service experts are here for you amid hardship. We work with you and your group to create far-reaching plans and services custom-made to suit your corporate structure so every office, worker and recently recruited employee is represented. If issues presently exist inside your company, our experts will make possible arrangements and execute measures to address the issue so your business can move ahead unhindered by claims. Mistakes make huge issues for businesses and can even mean future reviews or extra fines on your business. Bring order to tax season with the assistance of My Count Solutions tax experts.

[mycountsolutions]

Advantages of Bookkeeping Services tx

There are a lot of companies offering accounting services in Dallas. Daily money management services are becoming very popular among business owners. Especially bookkeeping services for small business is gaining much worth. Every day cash management assists customers with sorting out and oversee monetary paperwork, including mail, charges, documents, protection cases etc. The efficient methodology, customized administration, promise to customer protection and information security enable customers to keep living the lives they love unafraid of falling behind or freeing themselves up to any sort of fraud.

Salary tracking and cost accumulation

CPA companies track month to month salary and costs in the check register, just as with individual monetary management software, for example, My Count Solutions.

My CPA Dashboard along with My Count solutions help in variety of ways,

Planning and income investigation

We break down Account receivables and payables to assist customers to remain on spending plan, meeting the budget goals or settle on money-related choices.

We work with customers on fulfilling a promise to record all parts of their money related actions in our maintained List. This exclusive procedure enables our customers to catch the entirety of the basic sensitivities of their lives in a single spot. It facilitates access to this basic data for everyday living. It is one of the best benefits of dealing with public bookkeeping services.

Document Management - Organization and Maintenance of Files

We wipe out paper documents and dispose of or shred things that are not, at this point required. We additionally record archives routinely, utilizing a framework that works for every person. Customer records prepared in the Everyday Money Management office are filtered and sorted out into advanced folders.

Clinical cases accommodation (Medical claims)

We submit claims, audit clarifications of advantages, and work with Medicare as well as the insurance agency to ensure that claims have been paid appropriately.

Bill Management

Overseeing bills can be a bit challenging and neglecting to pay them on time can prompt pointless charges and uneasiness.  Money managers help to monitor and pay incoming bills and taxes. So that their customers keep steady over budgetary commitments. Billing is one of the main reason that people search for top accounting services in Dallas.

Bill installment

We take care of bills and tax quarterly charges on the web or with manually written checks marked by our customers or their delegate. We at My CPA Dashboard likewise set up programmed online installment time and release funds with the approval of our customers.

Checking and Visa account compromise

We balance financial records and accommodate financial records month to month, utilizing individual money related software i.e. My Count Solutions.

Fraud Review

We audit month to month articulations just as credit reports and monitoring the transactions for any sort of fraudulent activities. In every sort of monetary work, there is always a fear of fraud. Using monetary management services minimizes the risk of any sort of fraud. That’s one of the big reason that companies hire virtual bookkeeping services tx.