Back to top

Services for Businesses and Enterprises

Your business finances are more than just revenue and profit. 

It is your livelihood. Are you are protecting it properly?

 

Busy business owners know that managing their finances and taxes properly is key to having a successful business. However, the financial aspects of running a business can be complicated and overwhelming. Between payroll, bookkeeping, forecasting and tax planning preparation; it’s enough to be a full-time position. When you factor in everything else business owners have to manage, it is easy to see why there are so many business owners who are stressed about their financials.

But imagine feeling secure in your business finances. Imagine being able to rely on an expert team of advisors, accountants and tax preparers to help and advise you with your financials. By working with professional accountants and tax preparers, you are able to have more time and energy to continue growing your business while remaining confident that your finances are being properly managed. 

O’Connor & Desmarais is a full service accounting firm that works with business owners from various industries all over the Northern Virginia and Washington DC metropolitan area. We help businesses make the most of their profit with our accounting assurance and advisory services. We also help businesses understand and properly file their taxes, ensuring they are receiving the maximum deductions and protected from future audits.

No matter what stage of business you are in, O’Connor & Desmarais accounting firm can help you! From initial accounting system set up to Quickbooks classes, employee benefit plans and tax planning, we are here to help you with your financial needs every step of the way.

Our certified team of experts is ready to provide you with personalized assistance and can help you manage your business finances at every stage. We work with you to ensure you are understand and feel confident about the state of your business revenue, profits, taxes and overall finances.

 

Put your finances first in your business and grab our Small Business Financial Checklist! Learn the eight financial steps you need to take to help your business be secure financially!

Download the guide here.


Tax Preparation and Planning Services

Taxes for businesses and self employed individuals are often much more complicated than traditional taxes. There are so many different areas of tax regulations and guidelines that you need to know in order to file appropriately and ensuring you are getting the best return for your business. We know that running or managing a business requires you to multi-task and wear many hats. But taxes does not need to be one of those tasks. You want to trust experts with your taxes so you can focus on running and growing your business.


We will help you to prepare and plan for your taxes. We will be able to guide you through the IRS regulations and tax laws regarding businesses so that you understand your taxes, what you are paying and why you are paying it. We take the time to get to know our clients and the individual needs of their businesses so that they remain compliant to all tax regulations and properly file their taxes. We will help you develop a plan so that you can pay your taxes on time without burden every year.

Accounting Services

Accounting is one of the most important functions of a business and it's an area that is best left to the experts. O'Connor and Desmarais help businesses in various industries and at various stages to manage their finances. With a clear accounting strategy, you will be able to set your business up for increasing growth and profitability. We offer a wide variety of accounting services for every business.

Audits, Reviews, and Compilation

O'Connor & Desmarais performs audits, reviews and compilations for businesses who would like a second look at their financial statements, whether it is for internal review or an IRS audit. We can ensure the upmost professionalism and most thorough reviews and compilations of your financial records. A thorough look at your statements can give your business a clear look at your financial status and help you to develop a strong roadmap for financial growth.

QuickBooks Accounting Help and Assistance

QuickBooks is one of the most beneficial business tools, if you know how to use it properly. We provide personalized Quickbooks helps so you understand how to operate this powerful system effectively and easily. Our personalized training, set up and support allows you an easier way to manage your business finances. Not only can we help get you started using Quickbooks, we can also offer on-going assistance and reviews, in the event of new hires, reclassification, new products or any other necessary adjustments.

Bookkeeping/Write-up

Every business must keep accurate and up to date books to ensure financial stability. However, many businesses struggle with staying up to date with their bookkeeping or staying organized with it. Outdated books or unorganized records can cause problems during tax season or in the case of a review. Trust O'Connor & Desmarais to help you manage your books on a regular basis. We will handle the details of keeping your books and finances clear and organized while keeping you informed so you are clear on the financial state of your business every day!

Entity Selection and Restructuring

Over the years, businesses may grow, change and adapt and when that happens, it's necessary that you properly properly structure your business to protect you and your employees. Whether you are just beginning your business, going through a merger or changing your status for tax purposes, we can advise you on how to best structure your business.

Employee Benefits, Pension, and Profit-Sharing Plans

As a business owner, you have many benefit plans to choose from and it's important to ensure that you are choosing the right for you, your business and your employees. You want to find plans that encourage employee participation, business growth and protect the business. The experts at O'Connor & Desmarais, P.C. will help you develop the ideal benefit, retirement, and profit-sharing plans for your business and your employees. We will help you identify what is the right plan for your business, how you can implement and manage it and what you need to know for taxes and future growth.

IRS Representation

An audit can be a stressful time for a business. You will want the support of experts during this time and we are here to support you! We will be able to answer any question you might have, assist you with preparing your paperwork and working with the IRS. Working with professionals will give you peace of mind and much-needed support during an audit. We will also help you set up your finances and your bookkeeping so you are prepared and protected from future audits.


Information Request for Services Listed Above