Frequently Asked Questions

What can I expect during our first meeting? 

Whether we meet in person or virtually, be prepared to discuss the details of your finances. Prepare to discuss whatever system you currently use to track your bills/accounts. If it’s a shoebox of receipts and statements that you haven’t looked at in months… that is okay! The important thing is you are taking the first step to get organized by scheduling a consultation with us. During this time we will happily answer any questions or concerns you may have and work to get you on track. 

Will Starr Bookkeeping help with tax preparation?

While Starr Bookkeeping does not do tax prep internally, we will help prepare your 1099’s and ensure that all accounts are reconciled and all transactions are categorized properly to maximize your itemized deductions. We will coordinate with your accountant or tax preparer to ensure that they have all they need to file your taxes in a timely manner. If you don't have a trusted, established accountant, we can help you there too! We have a reliable network and are happy to help secure a connection. 

Do I need a bookkeeper if I have an accountant? What’s the difference between the two?

Accountants and bookkeepers perform different tasks for the businesses they serve.

Bookkeepers are responsible for on-going maintenance of their clients’ general ledgers. A bookkeeper’s common responsibilities consist of: compiling data, categorizing expenses and reviewing the general ledger for accuracy. As well as reconciling bank statements against the general ledge and generating financial statements.

Accountants use the accurate and up-to-date general ledger maintained by the bookkeeper to provide advisory services, such as: analyzing the company’s financial data, preparing income tax returns and providing tax planning advice.

So the answer is yes, you need both because they both benefit you in different ways.