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FREQUENT ASKED QUESTIONS

  • WHY CHOOSE GOOD BOOK ACCOUNTING (GBA)?
    Owning and running a small business is not simple. There is the day to day operations of the trade or business. That is what small business owners usually are good at and enjoy. But then there is that other piece. Categorizing income and expenses the right way, keeping the right records. Having simple useful action-able data via monthly financial statements. And of course staying compliant with the federal and state authorities for taxes and other things. GBA is equipped to be the affordable and trustworthy solution to this piece of things.
  • WHERE ARE YOU LOCATED?
    We do not have a brick and mortar location. But am based in Albany, NY and work from home. It allows me save on overhead and transfer cost savings/affordable pricing to the client. Meeting clients as/when needed happens at neutral locations such as coffee shops when needed. And Zoom, email and regular cellphone service is used for other correspondence. And mailing/dropping documents happens securely at a business PO box in East Greenbush.
  • IS MY BUSINESS GOING TO BE A GOOD FIT WITH YOURS?
    We go through a checklist prior to accepting a new client. We want to ensure that we are able to service your business appropriately. For example, a start up business on Etsy designing products in its infancy bringing in a irregular income of less than a thousand dollars/month could be too small. A construction company grossing millions with multiple employees might be too big. Then there is the ideal of a self employed independent contractor, or other small business. If you are the owner of a small business, consistently grossing several thousand dollars monthly, and you are unable to confidently keep up with the books, then you are the ideal fit for us!
  • WHAT ARE THE DIFFERENCES BETWEEN A BOOKKEEPER AND ACCOUNTANT?
    A bookkeeper among other things keeps an accurate complete financial record of all transactions. Their work is indispensable. Without it there is no way to create monthly financial statements, produce documents for an audit or data for taxes. An accountant usually is a CPA or non CPA. A CPA is trained for large corporate accounting. They might be less suited and more expensive for small business bookkeeping and taxes. The good news is I am a (non-CPA) accountant, professional tax preparer and bookkeeper. I am able to do everything from start to finish; keeping your books, preparing and interpreting your financial statements and filing your taxes at an affordable price.
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