(305) 283-5207 info@trappaccounting.com

Frequently Asked Questions

How do I know if my business is capable of running a virtual finance department?
Most of our clients who did not start off their businesses remotely, quickly learn how easy it is to have a remote bookkeeper! Typically we can implement an efficient finance department for business that have 30 or less full-time employees/contractors. But if you are not sure, please contact us and we would be happy to discuss the options available for your specific needs!
How often do I need to organize my books?
We recommend reconciling the books on a monthly basis. Which guarantees that you are never behind and you can always spot any operations issues & cost fluctuations because financial reporting is readily and consistently available. This provides the owner with peace of mind by year-end and tax filings are always on time (which means no penalties and no interest)!
Should I hire workers as employees or contractors?
This is one of the most important and frequently asked questions. The answer depends on what type of service/sales item your business provides and the person you are hiring. Once decided, we will make sure you are collecting the necessary and accurate paperwork for each hire. We take issues like this seriously so that the IRS guidelines are being followed and you are confident in the validity of the business operations.
When are you available to answer questions or provide reporting?
We are available by phone or email anytime our clients need us and you will always talk to the person who knows your business inside and out!

Don't Be Shy

If we didn’t answer all of your questions, feel free to drop us a line anytime.