IQ Virtual Bookkeeping is a full-service firm, taking care of your business needs every step of the way.
We see you:
Not sure how to set up your Quickbooks or where to find the time to figure it out…
Burnt out juggling home life and your business, while trying to keep up with your bookkeeping…
Wishing someone could answer questions and help you understand your finances so you could manage them better and know where to invest it…
Whether you're trying to balance all of the day-to-day tasks of running your business, or balancing your personal and work life, IQ Virtual Bookkeeping is here to help.
Where
We are a virtual bookkeeping and tax preparation firm with clients all over the country.
When
When you hire IQ Virtual Bookkeeping to maintain your finances you will have access to us via phone and email support.
What
Whether you're planning for taxes or want to increase your profit and grow your business, you'll always know where you stand when you hire IQ Virtual Bookkeeping Services.
Bookkeeping
Our goal is to get you out of your books and back into spending time doing what you love.
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We can get your subscription at discounted prices and train you on the program.
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We can handle all of your basic bookkeeping needs and issue tailored monthly financials to you!
We can even invoice your clients and pay your bills!
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We are happy to do monthly strategy sessions to help you work through issues and new ideas to plan the future of your business and to discuss the financials in detail.
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Let us help keep you in compliance with the various federal and state agencies.
We timely file your payroll and sales tax reports every month and quarter.
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Our team offers stellar tax planning meetings and tax preparation for your business and personal tax returns.
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You can book a consult with our legal team to see if your business is fully compliant. We can help you setup your LLC.
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When you hire IQ Virtual Bookkeeping to maintain your finances you will have access to us via phone and email support.
We have tools to keep your financials organized and are ready to support your business’ financial needs.
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No contract is required. However, there are no partial month refunds.
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An engagement letter is required.
We will send over a terms of service breakdown for approval and signature. Once all parties have signed, we can begin!
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Our prices are tailored to your needs because every business is unique.
Frequently Asked Questions
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Every month we will categorize all business-related income and expense transactions and issue you a monthly financial statement consisting of a Balance Sheet and a Profit and Loss.
These reports will help you understand your business's past to make decisions on your business's future. They are required to do any tax planning or to fund your business with mid-year loans. Unlimited email and text support is also included.
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Anything above and beyond basic tracking of income and expense items for the month isnot included in the monthly price above. However, additional services are available as an add-on to your basic bookkeeping package.
These add-on's include:
Detailed financials showing class tracking or job profitability.
Invoicing, bill payment, payroll.
Sales tax filing, tax planning and preparation and legal help.
Monthly strategy sessions are also available for additional fees.
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Ideally, our bookkeeping team will need access to your business bank and credit card accounts in order to efficiently complete your monthly financials.
Many banks allow for accountant (read-only) access to bank accounts.
This access helps us to keep our fees affordable and our efficiency high.
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During our discovery call we will discuss additional services that go above and beyond basic bookkeeping to help your business run smoothly and efficiently.
You’ll have the opportunity to add any on from the start or a later date when it is right for your company.
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Certified Pro-Advisors who is also a tax professional. You can rest assured that you are working with the highest quality professionals.
We all also belong to a large network of financial professionals so if there is a question we have not seen before, we have a lot of resources in our back pocket to find an answer for you fast.
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Yes. Our team must use Quickbooks Online in order to handle the bookkeeping at the price list above. Versions - Essentials, Plus, or Advanced are all acceptable.
Simple Start or Quickbooks Self Employed are not. If you have a current subscription, you are ahead of the game. No need to get another subscription.
If you do not currently have a subscription we can discuss how IQ Virtual Bookkeeping can help you get set up with one at a discounted price.
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We pride ourselves in being very responsive to our client’s important inquiries.
We strive to respond within 48 hours AT MOST (except over weekends and holidays). If we are very busy, we will respond to let you know we've received your email and will address it shortly.
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Due to the flexible nature of bookkeeping work, many team members work various hours of the day and night.
Our work hours are M-F, 10a-5p, MST to address emails and phone calls.
Tax Preparation
Are you leaving money on the table?
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We are a team of professionals tax preparers who can assist with calculating and filing individual and and business returns.
Whether they be complex or simple, we are knowledgeable in tax code and tax law and will do our best to MAXIMIZE your return, while maintaining compliance and abiding by IRS regulations.
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Knowledgeable in Tax Laws - By understanding tax law we are able to find the BEST tax credits and exemptions that will result in the best possible return for our clients.
Tax return preparation - We will prepare and submit tax return documents on our client’s behalf.
Partnered with TaxWizz - We use one of only 15 IRS approved softwares to ensure we are obtaining your information securely and getting you the best possible tax outcome.
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No contract is required. However, there are no partial refunds.
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An engagement letter is required.
We will send over a terms of service breakdown for approval and signature. Once all parties have signed, we can begin!
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Our prices are tailored to your needs because every business is unique.
Tax Preparation Q&A
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We work with an approved IRS software to securely gather pertinent information for filing your tax forms.
Fill out our form here and we can send you a secure link.
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Reach out to us here so we can send you a secure link for uploading your documents.
Once we have what we need, we will send you back a quote within 24-48 hours.
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No! Please do not send confidential information over email or text.
We want to keep your information PRIVATE.
We will send you a secure link to upload your documents to ensure none of your personal information is compromised.
Fill out this form here to get a secure link sent you from us.
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Provided we have all the required information necessary we strive for a 24-48 hour turn around time to complete your tax return.
**All work dependent on responsiveness of client
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It depends on your circumstance.
CPAs are more knowledgeable about accounting principles where as a tax professional like us at IQ Virtual Bookkeeping, focus on communicating with tax authorities, reviewing tax codes and filing tax paperwork.
Tax Strategy
Business consultation and strategy sessions
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A tax strategy is a plan of action for reducing taxes, regardless of your business or investment situation.
It is more than just wishing you could pay fewer taxes. It is a strategy crafted to ethically and morally ensure you pay the least amount of tax allowable by law.
Let us help bring down your bottom line!
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Working with IQ Virtual Bookkeeping we can assist with:
Structuring your business in a way that minimizes taxes.
Assist with keeping good records and staying compliant.
Understand what expenses are tax-deductible.
Ensure you are ready to file your taxes on time.
Assist with taking advantage of all credits and deductions.
Are proactive about changes in tax laws to ensure you’re taking advantage of the latest savings plans.
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To optimize your tax liability.
Tax planning is an important task that too often gets overlooked. But it can help you save time and optimize your tax liability.
By not utilizing tax planning, you’re leaving money on the table.
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Have an S Corp but have no idea what to do with it? How to pay yourself, how much to pay yourself, and when?
Wondering how you can take the most advantage of your S Corp Status? How to stay compliant?
Many business owners who elect S Corps have these questions and more, IQ Virtual Bookkeeping has the answers.
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We require up-to-date tax filings so we can do a thorough review and see which strategies may work best for your specific situation.
We also do require professional bookkeeping (inquire for how we can help).
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No contract is required. However, there are no refunds.
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An engagement letter is required.
We will send over a terms of service breakdown for approval and signature. Once all parties have signed, we can begin!
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Our prices are tailored to your needs because every business is unique.
Tax Strategy Q&A
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Yes! The main goal of tax preparation is to ensure that you are in compliance with Federal and State tax laws.
The purpose of tax planning (tax strategy) is to maximize your tax savings.
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Everyone!
However, the top three clientele are Business Owners, Real estate investors, and Long-Term Investors.
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Please book a consultation call so we can give you a personalized quote and see if working together would be a good fit.
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Yes! That is one of our specialties.
Have an Scorp but have no idea what to do with it? How to pay yourself, how much to pay yourself, and when?
Wondering how you can take the most advantage of your S Corp Status? How to stay compliant?
Many business owners who elect S Corps have these questions and more, IQ Virtual Bookkeeping has the answers.
Our mission to save you time and improve your bottom line!
From Our Client
Maura helped me with books for the 2021 tax year and she was a life saver. This was my first year full time in my business and I knew I needed someone who could help me navigate my books, keep them clean, and organized, and just take the pressure and stress off of my plate. I am very happy with how my 2021 ended and having her on my team made paying taxes stress-free. This is your sign to hire Maura! Thank you for everything, Maura!
~ Brittany
