First-rate Business Services for Capital Growth
A dynamic approach to finances is essential to any thriving business. Knowing how to respond to any financial situation can make a world of difference for your company.
Herbert Kraus, CPA provides exceptional financial service to businesses across the San Antonio area. With a skilled team of experienced CPAs and Investment Advisors, you can rely on us to help you overcome challenges and capitalize on your opportunities.
Want to know more about how we help your business grow? A complimentary consultation is just a phone call away. Contact us today!
What Business Services Do You Offer?
Our business service offerings run the gamut from basic accounting to part-time CFO services, even investing business capital. Let us help your business with:
Why Should I Outsource My Accounting?
Accounting plays a vital role in your operations, business growth, and many other aspects of your business. However, many small businesses and startups believe they either can’t afford good accounting or that their business size doesn’t need it.
In fact, it can be just the opposite – smaller businesses need good accounting just as much as any large-scale corporation, if not more so. Having accurate records, making sure bills are paid, and being able to track cash flow can make the difference between success and failure for a fledgling business.
Outsourced accounting gives businesses access to experienced accounting they might not otherwise have. Because you only pay for the services you need, it’s also much less expensive than hiring a full-time accountant to have in-house.
What Does an Outsourced Accountant Do?
Outsourced accountants can do anything an in-house accountant would do. Beyond basic bookkeeping, an accountant can:
Why are Investments Important to a Business?
Just like an individual, businesses can invest a portion of their capital in an effort to help it grow. If successful, investing can create an additional revenue stream and potentially improve a company’s net worth. If normal cash flow drops, investments may provide an alternative to keep a company afloat until business picks up again.
Naturally, investment growth is not guaranteed, and having an experienced investment advisor to help balance and monitor your company’s portfolio is strongly advised.
Can My Small Business Invest in Stocks?
When it comes to investing, the size of your business doesn’t matter. So long as you’re able to cover expenses and meet tax burdens, you can put any excess capital toward investing. If you’re unsure how much money to devote to investing, you can work with an accountant to create a budget based on your cash flow and daily operational needs.
Budgeting with an Outsourced Accountant
Having a solid budget can be the difference between a thriving business and one that lives in the red. An accountant works to determine an appropriate budget based on your expected cash flow, operations cost, and other relevant data. This budget ensures that your company can meet its financial burdens and also set aside capital for projects and growth opportunities.
Our accountants can evaluate your accounts and help you determine a budget that allows you to reach for long-term goals while also meeting your short-term obligations.
Why Outsource My Payroll?
Having a professional to handle your payroll is arguably even more important than professional accounting. Not only do you have employees relying on timely and accurate paychecks, but the penalties for late or mishandled payroll can be quite stiff. A professional accountant can ensure that your payroll is free of errors, completed on time and that your payroll taxes and withholdings are correct.
How Can an Accountant Help Me Launch My Businesses?
If you’re starting a new business, having an accountant from the ground up comes with numerous benefits. Your accountant can help you choose your business entity, which dramatically affects your taxes and liabilities.
They can also help you build a solid business plan. This not only provides a roadmap for your business, but can also be used to help secure loans and investors.
Can a CPA Handle Business Taxes?
A CPA is licensed to provide accounting and tax services. Our team includes CPAs experienced in handling business taxes, both in tax preparation and tax planning.
We can help you prepare your Form 941 quarterly returns, ensuring that your taxes are accurate and paid on time. We also help prepare your W2s and other employee tax forms.
How Does My Business Benefit with Professional Tax Preparation?
As your tax preparers, we help ensure that your taxes are prepared accurately and on time. Best of all, we look for any deductions, exemptions, and incentives you may qualify for, helping you to legally lower your tax liability.
Can You Help Me File My Texas Franchise Tax Report?
Yes! Our team has helped countless San Antonio businesses complete and file their Texas Franchise Tax forms. This tax report can be quite complex, and many businesses benefit from having the assistance of an experienced preparer.
What Does an Outsourced CFO Do?
Outsourcing your advanced financial needs to a part-time CFO allows you to receive experienced service and expertise when you need it without having to interview, hire, and maintain the position fulltime.
Your outsourced CFO is capable of everything a salaried CFO would do. You can expect them to analyze statements and reports, build a financial forecast, and develop strategies and proposals to help the company minimize expenses and widen your profit margin. They may also handle investments on the company’s behalf.
Many part-time CFOs can also perform controller duties, which involves overseeing accounting processes, establishing internal controls, and ensuring compliance with reporting requirements and tax filing.
Should a Nonprofit Organization Have an Accountant?
An accountant is just as vital for a nonprofit as they are for profit-earning businesses, if not more so. Your organization may not be trying to make money, but it still needs money to function. In order to maintain their nonprofit status, these organizations must meet strict financial guidelines.
Our team is experienced in working with nonprofits. We help ensure your accounts are up-to-date and free of errors. We can also handle any reporting and tax filing and regularly review your accounts to help you stay compliant and protect your nonprofit status.
What are the Benefits of Strategic Business Planning?
Having a strategic plan in place dictates a direction for your company, allowing all of your departments and employees to work together and make decisions toward a common goal. More in-depth than the business plan used to launch a business, a strategic business plan details growth and financial goals over a 3-5 year period.
The benefits of having a strategic plan in place include:
How Does a CPA Valuate a Business?
There are multiple types and levels of business valuation, each with different purposes and benefits. A CPA can work with you to determine why you want to valuate your business, and which method will provide the most useful results for your purposes.
Some of the most common strategies for business valuation include:
Expert Financial Service is Just a Call or Click Away
With a diverse and experienced team, Herbert Kraus, CPA is ready to help you and your company achieve its fullest financial potential. Schedule a complimentary consultation with our San Antonio office to get started today!