17+ Best Accounting Firms For Small Businesses 2025

small business accounting firm

Invoicing tools allow businesses to create, send, and track invoices in one place. Payment status is clearly visible, and online payment options can help accelerate settlements. Through tax planning, wealth management and advisory services, we help transform today’s achievements into enduring value for generations to come. Don’t get bogged down by administrative burdens or let them slow your growth.

However, for businesses that need specialized support and are willing to invest in quality service, Grant Thornton is an excellent partner.
As an entrepreneur herself, Lisa Nevada appreciates that small business owners wear all the hats and are responsible for every aspect of operating their business.
Everything included in our "Plus" package and automated time-tracking with Time and Attendance.
They provide expert insights to ensure compliance and reduce costly errors.
Signature Analytics is built for companies raising capital or scaling fast.
Here’s a quick rundown of 18 top accounting firms for small businesses, including their ratings and what they specialize in, to help you find the best match for your needs.

Preferred lending program gives Michigan business owners confidence for success

Before you sign, make sure the agreement covers all your accounting needs in detail. For example, if you are a service-based business that charges by project, ensure the firm understands how to categorize income for accurate reporting. Talk to business founders from the same industry circle and business level as yours. Ask about their experience with accounting firms, especially ones they’d recommend (or warn against).

Generally, if you produce, purchase, or sell merchandise, you must keep an inventory and use an accrual method for sales and purchases of merchandise.
The most commonly used accounting methods are the cash method and the accrual method.
The OPI service is a federally funded program and is available at Taxpayer Assistance Centers (TACs), other IRS offices, and every VITA/TCE return site.
RSM US LLP specializes in serving middle-market businesses, offering a wide range of accounting, tax, and advisory services that are also highly valuable to small businesses.
By providing timely and accurate reports, the firm helps businesses understand performance trends and plan confidently for growth.
It means you can work the way you’re used to on the systems you know.
Passage AI was able to track its growth without much effort and easily update investors.

How to Choose the Right Sales Tax Accounting Service

Sharing files with your bookkeeping team is quick and easy—just upload the document, and we’ll handle what is business accounting the rest. A year end package with everything you need to file comes standard with Bench. With our Bookkeeping & Tax plan, you get expert tax prep, filing, and year-round tax advisory support.

Smart Asset Management Strategies for Long-Term Growth

A cash discount is a reduction in the retained earnings balance sheet invoice or purchase price for paying within a prescribed time period. You can choose either to deduct cash discounts or include them in income, but you must treat them consistently from year to year. Each method produces different income results, depending on the trend of price levels at the time.

Forms

Here are a few https://samrheglobal.com/reliable-tax-relief-experts-3/ noteworthy areas of expertise that an outsourcing accounting provider for small businesses offers. As a small business owner, you must wear many hats at different times; just make sure an amateur bookkeeper’s hat isn’t one of them. Outsource your accounting and bookkeeping services and focus on revenue-generating activities that only you can do.

Ghost Error #3: The Multi-State Sales Tax Audit Trap

Most individuals and many small businesses (as explained under Excluded Entities and Exceptions, later) use the cash method of accounting. Generally, if you produce, purchase, or sell merchandise, you must keep an inventory and use an accrual method for sales and purchases of merchandise. You choose an accounting method when you file your first tax return. If you later want to change your accounting method, you must generally get IRS approval. A newly formed partnership, S corporation, or PSC can adopt a week tax year ending with reference to either its required tax year or a tax year elected under section 444 without IRS approval. E wants to make a section 444 election to adopt a September 30 tax year.

We'll handle all the bookkeeping, year end taxes, paying in the taxes & handling all the accounting tasks while focusing on reducing your taxes, avoiding problems & making your team more productive.
Cloud-based accounting offers secure, real-time access to financial data and streamlined integration with payroll or sales systems.
Sharad Sharma brings nearly 30 years of global leadership experience across NTT DATA, Wipro, Vodafone, and high-growth ventures, with deep expertise in enterprise sales, digital transformation, and ecosystem development.
Bookkeepers run $500-$2K/month for transaction recording; fractional CFOs cost $3K-$10K/month but deliver forecasting, board reporting, and strategic planning—worth it once you’re past $3M revenue or raising capital.
Dext offers over 30 accounting software integrations and connects with over 11,500 banks and institutions.

Generally, you can figure your taxable income under any of the following accounting methods. Any tax year a section 444 election is in effect, including the first year, is called an applicable election year. Form 8752 must be filed and the required payment made (or zero amount reported) by May 15th of the calendar year following the calendar year in which the applicable election year begins. Make a section 444 election by filing Form with the Internal Revenue Service Center where the entity will file its tax return.