Economic Solution Services, Inc
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Tax Preparation ServicesEconomic Solution Services, IncBoynton Beach, FLEconomic Solution Services is a South Florida tax consulting firm offering tax planning, tax preparation, tax strategy, CFO advisory services, and bookkeeping & monthly accounting services for individuals and businesses. Many businesses operate with financial systems built reactively instead of strategically. For tax planning, taxes are often handled only at filing time, leading to missed opportunities and decisions made without understanding tax consequences. Economic Solution Services provides proactive, year-round tax planning so financial decisions are made with tax strategy in mind. Payroll systems are often set up simply to get people paid, without evaluating tax impact or structure. Economic Solution Services helps design payroll with compliance and tax efficiency built in. Monthly financial reviews and pricing decisions are frequently made without clear margin data. Economic Solution Services delivers structured reporting and analysis to support better decisions. For integration, bookkeeping, payroll, and tax advice often operate in silos. Economic Solution Services coordinates these functions into one aligned financial strategy.
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Frequently Asked Questions
How much does a bookkeeper cost in Boynton Beach?
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.