At BFAG, we specialize in providing comprehensive back-office services that are tailored to meet the unique needs of CPAs and accounting firms. Our goal is to help you streamline operations, ensure compliance, and enhance client service delivery by taking on routine yet crucial tasks.
Why Opt for CPA Back Office Support?
Managing the administrative and operational side of a CPA firm can be challenging, especially when juggling multiple clients and deadlines. Partnering with a trusted back-office service provider allows you to focus on what matters most: growing your business and delivering exceptional client service. Here’s how BFAG’s CPA back-office support can make a difference for you:
- Audit Support
Audit engagements require meticulous planning, preparation, and execution to ensure compliance with regulatory standards. Our team assists in all stages of the audit process, from risk assessment and audit program development to documentation management and fieldwork assistance. We help streamline the auditing process by:
- Conducting risk assessments
- Developing detailed audit programs
- Organizing workpapers and maintaining compliance with auditing standards
- Communicating effectively with client personnel to resolve queries and gather necessary documentation
This enables you to deliver quality audits on time while meeting all regulatory requirements.
- Tax Preparation and Compliance
Tax compliance can be complex, particularly when dealing with individual, corporate, partnership, or estate tax returns. At BFAG, we provide back-office support for:
- Preparation and filing of tax returns for individuals, corporations, and partnerships.
- Tax planning and consulting services to optimize clients' tax positions.
- IRS correspondence, ensuring prompt handling of inquiries, notices, and audits.
We also manage the preparation of various tax forms, such as Form 1040, Form 1065, Form 1120, and others, ensuring compliance with all tax laws and regulations.
- Bookkeeping and Accounting Services
Accurate bookkeeping is the foundation of sound financial management. Our back-office team provides comprehensive bookkeeping services, including:
- General ledger maintenance and journal entries
- Accounts payable and receivable management
- Preparation of financial statements, including balance sheets, income statements, and cash flow statements
We also offer financial analysis services, such as ratio analysis and budgeting, helping you make data-driven decisions for your clients.
- Payroll Processing
Payroll processing is an essential yet time-consuming task that many CPA firms delegate to reduce workload. We handle all payroll-related tasks, including:
- Calculation of employee salaries, deductions, and tax withholdings
- Preparation and filing of quarterly and annual payroll tax returns (W-2, 1099 forms)
- Ensuring compliance with payroll tax laws
Our payroll services help you maintain accurate records and avoid penalties due to non-compliance.
- Practice Management Support
Running a CPA firm involves managing client relationships, engagement letters, time tracking, billing, and overall workflow. Our back-office support also covers:
- Client onboarding and engagement management
- Time and billing services to ensure accurate tracking of billable hours
- Streamlined workflow management for better project handling and resource allocation
These services not only improve efficiency but also help you offer a more responsive experience to your clients.
Why Choose BFAG for CPA Back Office Support?
By partnering with BFAG, you benefit from a team of experienced professionals who understand the intricacies of CPA practice management. Our services are designed to free up your time so that you can focus on strategic activities and client relationships.
At BFAG, we emphasize confidentiality and data security throughout all our back-office services, ensuring your client's financial information remains safe. Whether you need help with audit support, tax preparation, bookkeeping, or payroll, our team is here to provide efficient, high-quality support.
Ready to Improve Your CPA Practice?
If you're looking to enhance the efficiency and effectiveness of your CPA practice, explore our CPA Back Office Support services today. Let us take care of the routine tasks so you can focus on growing your business and serving your clients.
Learn more about our CPA Back Office Support services:
https://bostonfagroup.com/#/cpabackoffice
https://bostonfagroup.com/