Services

Personal tax preparation for individuals with a variety of income and tax situations, including:

• Form 1040 preparation
• W-2 and 1099 income
• Investment and retirement income
• Schedule C / self-employment income
• Rental property and K-1 reporting
• Itemized deductions and Tax credits
• Multi-state returns as needed
• Extensions and estimated tax payments

We can also help clients understand how major life and financial changes may affect their taxes, including marriage, having a child, buying or selling property, becoming self-employed, rental activity, inheritance, or significant changes in income.

Tax preparation for:

• S-Corporations / Form 1120-S
• Partnerships / Form 1065
• C-Corporations / Form 1120
• Business extensions
• K-1 preparation and coordination with owner individual returns
• Applicable state business filings

Tax planning can help you better understand what to expect before the filing deadline arrives.

Services may include:

• Individual and business tax projections
• Quarterly estimated tax planning
• Year-end tax planning
• Withholding recommendations
• S-Corporation salary and distribution planning
• Income and expense timing
• Depreciation and fixed-asset planning

The goal is to help clients stay informed, plan ahead, and identify deductions and credits they may be eligible for while remaining compliant with applicable tax rules.

Keep your financial records organized and current throughout the year.

Services may include:

• Transaction review and categorization
• Bank reconciliations
• Credit card reconciliations
• Loan and liability reconciliations
• General ledger maintenance
• Month-end organization and close support
• Financial reporting

InstAdvisory uses QuickBooks Online as a primary financial platform for both personal and business financial organization.

Services include:

• • New QuickBooks company setup
• • Chart of accounts setup
• • Bank and credit card connections
• • Cleanup and catch-up bookkeeping
• • QuickBooks conversions
• • QuickBooks support and training

Learn More About QuickBooks Online ->

Support with managing customer invoices and incoming payments, including:

• Customer invoicing
• Payment tracking
• Accounts receivable aging
• Outstanding invoice follow-up
• Deposit and payment matching

AR support can be provided monthly, biweekly, weekly, or more frequently depending on the needs of the business.

Support with organizing and managing vendor bills and outgoing payments, including:

• Bill entry and tracking
• Vendor management
• Bill-payment support
• Accounts payable aging
• Vendor statement reconciliation

AP support can also be provided monthly, biweekly, weekly, or at a higher frequency when needed.

Financial reports should help you understand what is actually happening with your finances.

Reporting may include:

• Profit & Loss
• Balance Sheet
• Cash-Flow Reports
• Budget-to-Actual Reports
• Customized internal management reports
• Financial packages for business owners, lenders, and tax preparation

QuickBooks Online and other financial tools can also be used to help individuals better organize and understand their personal finances.

Support may include:

• Personal income and expense tracking
• Household budgeting
• Spending analysis
• Rental income and expenses
• Medical expense tracking
• Charitable contribution tracking
• Childcare expense tracking
• Self-employment activity
• Other tax-related financial organization

For businesses starting payroll, InstAdvisory can help establish the systems and accounts needed to begin processing payroll properly.

Services may include:

• QuickBooks Online Payroll setup
• Employee setup
• Direct deposit setup
• Federal payroll account setup or verification
• State withholding registration
• State unemployment registration
• Multi-state payroll registrations
• Payroll tax filing configuration
• First payroll coordination

Ongoing payroll support can be provided monthly, semi-monthly, biweekly, or weekly.

Services may include:

• Payroll processing
• Direct deposit coordination
• Federal payroll tax filings
• State payroll tax filings
• Multi-state payroll support
• Quarterly payroll reporting
• Payroll reconciliations
• Year-end W-2 preparation
• S-Corporation owner payroll support

• Contractor tracking
• W-9 collection
• Contractor payments
• 1099 preparation and filing
• Year-end contractor reporting

Support may include:

• Sales tax setup
• Sales tax tracking
• Sales tax preparation and filing
• Texas Franchise Tax and Public Information Reports
• EIN and tax-account setup assistance
• State registration support
• Business filing and compliance reminders

• Annual and monthly budgets
• Cash-flow forecasting
• Revenue and expense projections
• Scenario planning
• Break-even analysis

• Profitability analysis
• Margin and expense-trend review
• KPI tracking
• Job or service-line profitability
• Budget vs. actual analysis

• Cash-needs forecasting
• Working-capital review
• Debt and loan planning
• Owner compensation and distribution planning
• Upcoming financial obligation planning

Financial information is most valuable when you understand what it means and how to use it.

Ongoing support may include:

• Regular financial review meetings
• Business performance discussions
• Pricing and profitability reviews
• Growth planning
• Tax-planning coordination
• Financial decision support