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D&M Accounting Services, Inc.

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D&M Accounting Services, Inc.

Profile:

   Business Accounting Services
   Payroll Paycheck Processing
   Financial Statement Filing
   Tax Return Preparation

Overview:

Professional outsourced accounting services can help your business prepare for the future. Whether you need help with one service… or a complete range of business services, D&M Accounting’s got you covered:

   Accounts Payable
   Bank Reconciliations
   Financial Analysis and Projections
   Financial Statement Preparation
   Payroll Processing, plus Direct Deposit

Outsourced Accounting Services can save you time and headaches. By removing these routine, but necessary tasks from your To-Do List, your focus stays on track while running your day-to-day operations. And keeping business goals in perspective is a priority that’s near and dear to all businesses – from small and mid-size businesses to large corporations.

FINANCIAL STATEMENT PREPARATIONS

   Prepare Income Statement
   The income statement calculates the net profit or loss, which are determined from your information from sales revenue, expenses and general ledger records.
   Prepare Statement of Retained Earnings
   The statetment of retained earnings reflects the distribution of profit between retained earnings and dividends.
   Prepare Balance Sheet
   The balance sheet illustrates the company’s financial position – it’s a snapshot of the last day of their accounting cycle.
   Prepare Cash Flow Statement
   From a cash basis, the statement of cash flow compiles and compares information from the three main financial reports: income, retained earnings and balance sheet.
   Financial Statement Analysis
   Business owners may not need all the details, but they definitely need to understand the BIG PICTURE of their current financial position and cash position. These insights are crucial for making decisions on operating your business.
   File Financial Statement Reports
   All companies, foreign and domestic, are required to file registration statements, periodic reports, and other forms electronically through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The purpose of EDGAR is to increase the efficiency and fairness of the securities market for the benefit of investors, corporations, and the economy via a time-sensitive collection tool.

Tax Planning Questions

   What strategy are you using in your Tax Planning for retirement?
   Are you taking full advantage of your employer’s retirement plan
   to lower your current tax liability?
   Are you using any other type of individual retirement account (IRA)?
   Are you using a Health Savings Account (HSA) to lower your tax liability?
   Have you made any charitable donations?
   Are you currently retired or planning to retire soon?

Tax planning begins with your unique conditions. Whether a personal, corporate or partnership filing, the entire team at D&M Accounting stays informed on the constantly changing tax laws that will most likely impact you or your business. Consider the advantages of having access to the area’s top tax advisors who can help you year-round to prepare more diligently for the coming fiscal year.

History:

Connie L. Hillmann has worked in the accounting field for 25 years and operated D&M Accounting, Inc. for more than 20 years.

Connie’s expertise and customer first attitude are reflected in every service offered through D&M Accounting. Call or e-mail us for any or all of your accounting needs.

Formerly known as: D&M Bookkeeping

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