💎 Frequently Asked Questions

🧾 Bookkeeping Services

  • A bookkeeper keeps your financial records organized, tracks your income and expenses, and ensures everything is accurate and up to date. This gives you a clear picture of your business finances and makes tax time easier.

  • Software is helpful, but it still needs someone to review and reconcile the numbers. A bookkeeper ensures everything is entered correctly, saving you time and preventing errors.

  • Monthly bookkeeping is best—it keeps your records current, helps you stay compliant, and ensures you always know where your business stands financially.

  • Yes! Accurate bookkeeping helps you spot trends, plan for growth, and make informed decisions about spending and saving.

📈 Financial Planning Services

  • Financial planning helps you assess your current financial situation and create a roadmap to reach your goals—whether that’s building savings, managing debt, or planning for retirement.

  • Everyone! Whether you’re an individual or a business owner, financial planning helps you make confident and informed financial decisions.

  • We offer personalized budgeting, savings and investment guidance, debt management strategies, and long-term goal setting—all tailored to fit your lifestyle.

  • At least once a year—or whenever there’s a major life change such as a new job, home purchase, or business milestone.

🌐 General Questions

  • Yes! Garnet Accounting Services offers both mobile and virtual services, allowing us to assist clients anywhere in the U.S.

  • Simply book a consultation through our website or give us a call. We’ll discuss your needs and create a customized plan that fits your goals and budget.

👩‍💼 Payroll Management

  • Payroll management ensures your employees are paid correctly and on time while handling all tax deductions and compliance requirements.

  • Outsourcing payroll saves time, reduces costly errors, and keeps your business compliant with tax and labor laws—so you can focus on running your business.

  • Payroll can be run weekly, biweekly, semimonthly, or monthly—whatever schedule works best for your team.

  • Yes. We handle all payroll tax calculations, filings, and reports with federal and state agencies to keep your business in good standing.

💰 Tax Preparation & Filing

  • You’ll usually need W-2s or 1099s, receipts for deductions, bank statements, prior-year tax returns, and ID. Business owners should also provide income and expense reports.

  • Start early in the year! Staying organized throughout the year reduces stress and helps you maximize deductions.

  • Yes. E-filing is fast, secure, and typically results in quicker refunds.

  • A professional understands current tax laws and knows where to find credits and deductions you may miss—helping you lower your tax bill and avoid mistakes.