Payroll, Tax, Bookkeeping and Accounting in Greater Boston
Book Keeping
For many businesses, keeping track of all financial transactions accurately, booking AR and AP promptly and having a real picture of financial status are the most important step to run your business. A well-kept book not only helps owners to know their cashflows, incomes and expenses, but it is the key for governance, compliance, insurance, auditing and financing. Bookkeeping can be time consuming and detail-orientated. We are here to help, from setting up accounts, rules to maintain business's book, process payrolls, reconcile transactions, general ledger, generate P&L, Balance Sheet and all other financial reports. Focus on your core business, let's do the chores!
Outsource CFO and Controller
Let's be straight: A growing business means growing incomes AND expenses. While some expenses are good and expected, some are not. Because we take care of your book, we know what a healthy cashflow looks like and where the income/expenses come from. Our client-dedicated Account Manager and outsource CFO are available to help identifying outlier and abnormalies before bigger problems arise. They are available to create robust internal control process and monitor your financial well-being either on-site or remotely.
Tax Filing and Annual Report
Rainbow Accounting is an IRS Certified Agency. We file federal and state tax returns for small LLC, S-Corp, C-Corp, Non-Profit, Trusts, Partnerships and Real Estate Investors.
Start-up and Business Registration
Thinking of starting your own business? We are one-stop accounting and tax professionals and can help to register LLC, S-Corp, C-Corp, Non-Profit and Partnership startups in state of Massachusetts, New Hampshire, Delaware and California
Payroll Processing and Employee Benefits
Whether it's a multi-national company with 10,000+ employees or a local barber shop with one part-time helper, processing payroll is pretty much the same complicating: it involves deep understanding state/federal tax and labor laws, accurate booking the journal entries and promptly processing salaries, wages, bonus or other compensations. Both voluntary and involuntary insurances can be headache and time consuming. Our HR specialists can help to smooth the process so you and your employees can focus on the core business