K&P Financial, LLC
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Tax Preparation ServicesHenrico, VA
About Exceptional Service K&P Financial, LLC Was formed in October 2005 specifically geared to offering services in tax preparation. Prior to forming our company, for several years we worked for other tax professionals and it came to a point where we felt it was time to provide clients with the same services, but “our way”. While servicing our clients, it became clear that our vision should be focused on “educating”, not just “servicing”. With all the stress and frustration of just thinking about getting taxes prepared, clients didn’t care about understanding the process, they just wanted to get them done! Accounting Services Gain Control Over your Financial Operations Today, the company, now incorporated has switched gears to provide educational training through seminars and one on one consultations. K&P Financial, LLC now operates as an accounting and tax services business, offering more than just tax preparation. Our business services provide a range of accounting and business consulting to small businesses. We believe that it is important for business owners to gain control over their financial operations and run their businesses with confidence. Our tax services provide income tax preparation to individuals and small businesses. We aim to help clients obtain tax refunds, tax credits, and other government benefits. We deliver customized tax advice, as well as provide free tax education. All of these great services, at an affordable price. Experience 15+ Years in public accounting, auditing, financial analysis and tax related fields Professional MBA Member, Metropolitan Business League Member, National Association of Tax Professionals SWAM Certified
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Frequently Asked Questions
How much does a bookkeeper cost in Henrico?
Freelance bookkeepers: $25–$50/hour. Professional bookkeeping firms: $40–$80/hour. Monthly packages for small businesses: $300–$800/month depending on transaction volume. Payroll add-on: $50–$150/month. Year-end prep: $500–$1,500 one-time. Always ask what's included.
What's the difference between a bookkeeper and an accountant?
Bookkeepers handle daily financial records: data entry, reconciliation, invoicing, payroll. Accountants provide higher-level services: tax strategy, financial statements, CRA audits, business advice. Most small businesses need a bookkeeper year-round and an accountant for tax season.
When should I hire a bookkeeper?
Hire a bookkeeper when: you're spending 5+ hours/month on books, you've missed a tax deadline, your records are behind, you're hiring employees (payroll), or your business revenue exceeds $50K. The cost of a bookkeeper is almost always less than the cost of mistakes.
Do bookkeepers need certification?
No certification is legally required, but look for CPB (Certified Professional Bookkeeper) from the Canadian Institute of Bookkeeping, or QuickBooks ProAdvisor / Xero Certified. These demonstrate training and competency. Always ask about their experience with businesses like yours.
Can a bookkeeper do my taxes?
Bookkeepers can prepare and file simple tax returns (T1, T2, HST/GST). For complex tax situations — corporate restructuring, tax planning, CRA audits, international tax — you need a CPA. Many bookkeepers partner with accountants and can coordinate your year-end seamlessly.