At Champion & Hurlburt, we know that financial matters can be complex. Below, we’ve answered some of the most common questions about our services to help you better understand how we can assist you.
Bookkeeping focuses on recording financial transactions, while accounting involves analyzing, interpreting, and reporting financial data for decision-making.
For accuracy and compliance, we recommend updating your books at least monthly. However, weekly or real-time updates can be beneficial for businesses with high transaction volumes.
Absolutely! Our book cleanup services ensure your financial records are accurate, up-to-date, and compliant.
We specialize in QuickBooks but work with various accounting software based on your needs. We can also help with setup and training.
If you're spending too much time on financial tasks instead of growing your business or if errors are affecting your finances, it's time to hire a professional.
We provide startup consulting, business planning, cost accounting, financial strategy, and IT consulting to help businesses grow.
Yes! We assist with business plans, financial projections, and budgeting to help secure loans, grants, and investments.
Forensic accounting helps detect fraud, financial discrepancies, or legal disputes. If you suspect financial irregularities, we can investigate.
Our IT consulting services help optimize accounting systems, implement cloud-based solutions, and enhance data security for better financial management.
Yes! Our startup consulting services help new businesses with financial structuring, bookkeeping setup, and strategic planning for long-term success.
QuickBooks is an industry-leading accounting software that helps businesses manage income, expenses, invoicing, payroll, and reporting with ease.
Yes! Our QuickBooks setup and training services help business owners and their teams use QuickBooks efficiently.
Absolutely! We help businesses transition smoothly to QuickBooks, ensuring accurate data migration and minimal downtime.
QuickBooks Online is cloud-based and accessible anywhere, while QuickBooks Desktop offers more advanced features but requires local installation. We help choose the best fit for you.
Yes! Our QuickBooks consulting services ensure you get expert support whenever you need it, from troubleshooting to advanced financial reporting.
We provide payroll processing, tax filings, direct deposit setup, employee classification, and QuickBooks Payroll management.
We help ensure compliance by handling payroll taxes, reporting, and employee classification while keeping up with federal and state regulations.
Yes! Many small businesses outsource payroll to save time, reduce errors, and ensure compliance with tax laws.
es! We manage payroll for remote teams, independent contractors, and multi-state employees while handling tax obligations.
We provide business budgeting and forecasting to help you plan expenses, anticipate cash flow, and make strategic financial decisions.
Tax deadlines depend on your business structure. For most businesses, federal tax returns are due by March 15 (S-Corps and Partnerships) or April 15 (Sole Proprietors and C-Corps).
You'll need income statements, expense records, payroll data, tax ID, and prior tax returns. We’ll guide you through the full list.
Yes! Our tax planning & consulting services help you identify deductions, credits, and strategies to minimize your tax burden.
Yes, we provide Self-Employed Schedule C Tax services, ensuring independent professionals and freelancers maximize deductions and stay compliant.
While you can file taxes yourself, professional tax services help avoid costly mistakes, maximize deductions, and ensure compliance with the latest tax laws.
Forensic accounting involves investigating financial discrepancies, fraud, or legal disputes. You may need it for fraud detection, litigation support, or financial irregularities.
Yes! We assist with business tax registration, structuring tax-efficient setups, and ensuring compliance with state and federal regulations.
We provide financial forecasting, budgeting, business planning, and funding strategy consulting to help startups build a strong financial foundation.
Yes! We help businesses track, value, and manage inventory efficiently, ensuring accurate financial reporting and cost control.
Our specialized services help you improve financial accuracy, reduce risks, optimize tax strategies, and ensure compliance, allowing you to focus on growth.
We provide expert accounting, bookkeeping, tax services, and business consulting to help you manage your finances with confidence.