Making Life Less Taxing
Give Us a Call Today: (817) 430-3000

Business Accounting Services

accounting services

“Avoidance of tax is not a criminal offense. All taxpayers have the right to reduce, avoid or minimize their taxes by legitimate means.” IRS manual sec 913,4-23-81(1)

The days of accountants hunched over darkened desks, feverishly scribbling in ledgers with quill and ink have long since faded into history. In the modern business world, CPAs and accounting firms have evolved beyond balancing books and are playing increasingly sophisticated and valuable roles in the short and long-term operations of successful businesses, both large and small, fostering healthy fiscal growth while providing guidance and stability for the various financial challenges they face. Engaging a firm such as Chandler and Knowles and their accounting services (for business owners in particular), can be one of the most important decisions a business owner can make.

Why Hire an Accounting Firm?

Today’s CPAs offer a wide range of accounting, management, and financial services. In addition to saving time and clarifying much of the confusion that comes with managing finances and taxes, we also fill the role of trusted advisor to help you plan for growth and assess risk. At Chandler & Knowles, we work closely with you during every stage of your business, including:

Startup – When starting your business, we:

  • Assist with your business plan, particularly its financial aspects
  • Provide advice as to what company structure best suits your business
  • Separate business expenses to maximize profits, especially if your personal finances are tied to the company's success
  • Analyze the details of a loan and determine if the interest and terms are suitable

Operational – Once you are up and running, we can:

  • Manage the daily financial transactions, properly recording them to ensure legal compliance
  • Manage the costs associated with vendors, employees and the office
  • Prepare taxes, including payroll withholdings, all forms for employees and contractors, quarterly and annual forms, and provide all needed financial reports
  • Oversee payroll
  • Properly evaluate and plan current and projected business expenses to prevent financial mismanagement
  • Create a financial transition plan in the event of the death or disability of one of the business owners
  • Identify issues before they become problems

Growth – As your business grows, we will:

  • Manage operational growth including issues associated with hiring, payroll, and taxes
  • Offer advice on how to best handle your financial growth, providing insight into opportunities that present themselves and delivering regular financial reports on the state of your business
  • Employ fully compliant accounting practices that safeguard your business against audit and to work on your behalf should an audit be necessary
  • Provide benefits management for employees as well as financial advice and guidance
  • Provide network opportunities with other businesses we work with when a mutual benefit exists

And, if needed, we can assist with selling your business, should that time come. We can also provide advice and guidance regarding the balancing of business and personal needs when the finances of both are intertwined.

Chandler & Knowles Accounting Services for Businesses

In addition to the ways we can help with the big picture aspects of your company and its growth, our best work is in our attention to the details. We offer a complete line of accounting services for businesses including

  • Accounting System Consultation, Implementation, and Training
  • Bank Reconciliation and Bookkeeping
  • Financial Statement Preparation and Analysis
  • Asset Management
  • Payroll Preparation and Payroll Tax Reporting for both Federal and all 50 States, ensuring that all employees' tax codes and payments are recorded correctly
  • Property Tax Renditions
  • Sales Tax Reporting

Contact Chandler & Knowles CPAs Today

For a business, an accountant is an invaluable asset that helps not only with balancing books and tax returns, but with long-term tax planning, business planning, networking, and other aspects vital to financial health. Whether you are a business or an independent professional, as your accountant, Chandler & Knowles provides the full range of personalized business and accounting services and more, all tailored to your unique aspects and needs. Call us today at (817) 430-3000 or fill out our online contact form to learn more about our services. You can also schedule an appointment and visit either our Flower Mound or Addison, TX if you would like to speak with us in person.

Our Services:

Spread the Word:

Client Testimonials:

"I recommend Chandler & Knowles CPA's without hesitation, and we look forward to working with Rochelle, Kristy and the rest of the C&K staff for another 7 years and beyond!"

~ Tony Rex, CEO of Medical Experts of Texas, P.A./Premier Inpatient Management Services, LLC

They are a great company to trust with all of your tax needs. They are good people and I enjoy my relationship with them. And it truly is a relationship, not just a service I use once a year.

~ Rick Schenck, UPS Business Owner

Great people. Effective. Efficient. Competent. Unlikely you would find a better, or even equal, CPA firm in the DFW Metroplex, and likely in the State.

~ Todd Benton

"The staff at Chandler & Knowles CPAs could not be better! They are always friendly, accommodating, and efficient. Their quick return/response time is greatly appreciated, as customer service is an uncommon practice during this day and time."

~ Tracy Richards

Related Pages & Posts:

Business Accounting and Payroll Services for Busy Companies

Jan 12, 2018

It is typically viewed as a very good thing to be in-demand and busy at work. However, operational duties can often mean small business owners are too busy to spend a majority of their time on the accounting side of things. The hassle and anxiety that a business owner may encounter in the midst of…

Read More

4 Traits of the Best Business Accountants

Aug 24, 2017

When you hire an accountant to handle your business accounting, you don’t just want somebody who is pretty good at their job or can merely cover all of the basics; you want someone who is an expert and who goes above and beyond in their work. But how do you separate a good accountant from…

Read More

4 Questions You Should Ask Before Hiring a Business Accountant

Jul 20, 2017

Finding a business accountant can be one of the more difficult responsibilities of running a business, no matter how small or large that business is. You have to find someone who you can confidently know has years of professional experience, great testimonials, and sound ethics and morals. And of course, you have to be able to…

Read More

Small Business Accounting Practices That You Should Be Aware Of

Jul 6, 2017

When you are a small business owner, you have a variety of information to consider. When you can get your business accounting strategies in order in the beginning stages of your business, you will be able to successfully keep track of the tons of paperwork that you will see going in and out of your…

Read More

Business Startups and Accounting: What You Need to Know

Jun 1, 2017

Starting a business can be both very exciting and scary. You’ve invested your time, money, and very being into making your business work. You’ve read about the number of businesses that don’t make it their first year and you don’t want to be a statistic. You want to ensure that your business will be a…

Read More

Five Reasons Your Business Needs a Certified Public Accountant

Mar 9, 2017

A certified public accountant, also known as a CPA, can be confused with an accountant. Th word accountant is a very general term, basically discussing someone who works with finances and taxes. A certified public accountant is an accountant with specialized training. They have also passed a state licensing examination, making them a better fit…

Read More

3 Benefits of Using a CPA for Business Consultation

Feb 9, 2017

Starting with a lean methodology, startup business owners will fulfill many different roles. Their expertise will vary, yet their ability to sustain multiple roles as the business grows will become limited. With every business, the bottom line is the finances; making sure there’s a profit, the taxes are paid, and the business stays in compliance…

Read More

Small Business Accounting: 4 Mistakes to Avoid

Dec 22, 2016

As a small business owner, you’ve got a lot of responsibilities. In addition to growing your business and managing employees, you may also be handling most (or all) aspects of your business accounting. Unfortunately, there are many mistakes small business owners commonly make here that can have a drastic impact on your company’s success down the…

Read More

5 Occasions When Small Businesses Should Outsource Their Payroll

Nov 23, 2016

Many small business owners handle their own payroll functions because they feel that outsourcing them isn’t necessary. Even if you are currently taking care of payroll yourself, there may be times when outsourcing would be a better option. When are payroll services for small businesses needed? Here are four instances in which you should consider handing these business…

Read More

Sales Tax Tips for Your Business

Nov 10, 2016

Whenever you buy an item, you pay sales tax on it. However, this gets confusing sometimes as your business encounters times when it hasn’t paid sales tax when it should have done so. For this reason, your business needs these sales tax tips for its business accounting. Businesses must pay sales tax on items they’ve…

Read More