For Businesses


Our Business IS Growing Yours

We understand that each business industry has a unique way of doing things but we also know the most functional companies can be disrupted in an instant by constant regulatory changes and deadlines. From bookkeeping to payroll, compliance to business coaching and tax, our professional team of experts are eager to help you change with the times while keeping your business profitable and compliant - focusing on your most pressing needs first with passion for what we do, understanding, and a willing ear to listen and Get It RIGHT the 1st Time!12

Accounting

We have proven accuracy in everything we do, from top to bottom. You might even say we are perfectionists in that sense.

Accounting

Services Offered

  • Bank & Credit Card Reconciliations
  • Budgeting & Forecasting
  • Coordinating with Your CPA
  • Chart of Account Setup & Maintenance
  • Collections - "Get My Money"
  • Daily & Monthly General Ledger Maintenance
  • Financial Statements & Custom Reporting
  • Fixed Asset Management
  • Foreign banking management
  • Inventory Management
  • Inventory Tracking
  • Job Cost Tracking
  • Monthly Adjusting Journals
    & Journal Entry
  • Year-End Preparation
  • Sales Commissions
  • Sales Tax Reporting
  • Work in process (WIP) Report

Benefits of Outsourced Accounting (or Bookkeeping)

  • No payroll or benefit expenses - Major Cost Savings!
  • No training requirements
  • No hardware of software purchase required
  • Eliminate the risk of embezzlement
  • Eliminate fraud
  • Eliminate the risk of data loss, corruption, computer virus or crashes.
  • Data kept secure using the latest technology for data encryption, firewalls, redundant back-ups and around the clock monitoring

Bookkeeping

We Stop the Bleeding...

Bookkeeping

As a small business owner you have more important things to do (like running your business) than the overwhelming tasks of maintaining your financial records - leave it to the EXPERTS! Whether you're looking for part-time, full-time, short or long-term assistance, our professional staff is ready to help you make logical decisions and avoid pitfalls.

Our mission is to STOP THE BLEEDING - help reduce your tax obligations, reduce excessive and unnecessary fees, assist with internal controls, provide timely, integral management reports for more informed decision-making, building or fostering relationships with banks, investors and vendors who consider extending credit and other areas that will make your business more profitable. We will always keep you informed and call you back, like the first day you hired us.

Have an existing CPA - no problem; we'll work with them, too! You are important to us - if you're successful, we've done our job. Let's get started TODAY...

Services Offered

  • Accounts Receivable (A/R) Monitoring
  • Bill Payment (A/P)
  • Invoicing/Billing
  • Make Deposits (if applicable)
  • Monthly, Quarterly & Annual Printed Financial Reports for Management Review
    • Accounts Receivable Aging
    • Accounts Payable Aging
    • Accrued Expenses by Vendor
    • Balance Sheet
    • Deferred Revenue by Customer
    • Cash Flow Statement
    • General Ledger
    • Open Sales Order by Customer
    • Prepaid Expenses by Vendor
    • Profit and Loss Statement - Month
    • Profit and Loss Statement - YTD
    • Profit and Loss Statement by Class - Month
    • Profit and Loss Statement by Class - YTD

Benefits of Outsourced Bookkeeping (or Accounting)

  • No payroll or benefit expenses - Major Cost Savings!
  • No training requirements
  • No hardware of software purchase required
  • Eliminate the risk of embezzlement
  • Eliminate fraud
  • Eliminate the risk of data loss, corruption, computer virus or crashes.
  • Data kept secure using the latest technology for data encryption, firewalls, redundant back-ups and around the clock monitoring

Payroll

Payroll

Our payroll clients deserve more than just computer generated checks and reports with no guidance or personal service.

Services Offered

  • 1099 Reporting
  • HR & New Hire Reporting Services
    (I-9, Form W-4, etc.)
  • Payroll Direct Deposit &
    ATM/VISA Debit Cards
  • Payroll Processing Input Options
  • Payroll Tax Service & Reporting
  • Vacation, Sick & Personal Leave Tracking
  • Wage Garnishments & Assignments
  • Year-end Tax Documents

Benefits of Outsourced Payroll:

  • Available when you need us - flexible and responsive!
  • Eliminate Employee Misclassification
  • Accuracy of SSN filing for W-2 Reporting
  • Hands-on guidance tailored with reports that give what you need for informed decision-making. Our services fit the way you do business!
  • Timely file your Quarterly 941's, State and Federal Unemployment returns, W-2s and 1099s.

Tax

Tax

Our work speaks for itself. From the most complex tax situations to solid advice, you can count on Hollywood Tax & Financial Service to deliver the service you need.

Services Offered

  • Sales Tax
  • Property Tax
  • State & Federal Employment Tax Filings
  • Worker's Comp
  • Tax Compliance Review & Accrual
  • Tax Planning

Tax Planning

Business transactions are analyzed to determine the best approach to minimize tax consequence.

Tax Compliance & Resolution

We maintain efficient, comprehensive tax compliance support with specialized, in-depth knowledge of tax law and regulations to enable accurate reporting and compliance.

Services Offered

  • Direct Taxes (Domestic & International)
  • Indirect Taxes (e.g., VAT and GST)
  • Payroll Tax Support