Small Business Bookkeeping, Payroll and Tax
One CPA firm for small business bookkeeping, payroll and tax in NJ: books closed monthly, payroll filed in every state, returns from the same books.
Yes, you can hand bookkeeping, payroll and tax to one firm instead of three separate providers. Shree Accounting in Morris Plains, NJ closes your books every month in QuickBooks Online or the system you already use, runs payroll and files payroll taxes in every state where you have staff, and prepares the business and owner tax returns from those same books. A CPA leads the work throughout, for a flat fee agreed in writing.
Who this is for
- Owners paying a bookkeeper, a payroll company and a tax preparer who see the business once a year.
- Businesses that have outgrown do-it-yourself QuickBooks and need a CPA on the monthly close.
- Employers with staff in more than one state, who need payroll registrations and filings in each.
- Owners who want tax projections during the year from current books, not a scramble in March.
Why one firm works better
- Each pay run posts to the same books, so payroll and the ledger agree without a year-end reconciliation.
- The return is prepared from books we closed, so tax planning can use current numbers during the year.
- When you hire in a new state, payroll registration and any income tax filing are handled together.
- One fee, one portal and one firm accountable for the whole picture.
What one firm covers
The books
- Monthly close: bank, card and loan reconciliations, accruals where they matter and a short monthly report.
- Financial statements: profit and loss, balance sheet and cash flow you can hand to a bank.
- QuickBooks Online setup, cleanup of past periods and training for whoever enters bills and invoices.
- Sales tax filings in New Jersey and, where needed, other states.
Payroll and payroll tax
- Payroll processing and direct deposit, posted to the books every pay run.
- Quarterly 941s, New Jersey and other state filings, W-2s and 1099s.
- Registrations when you hire in a new state, and New Jersey unemployment, disability and family leave withholding.
Tax planning and returns
- A mid-year projection and estimated payments set from current books.
- Business returns (1120-S, 1065, 1120 or Schedule C) and the owners’ 1040s that flow from them.
- S-Corp, New Jersey BAIT and New York PTET elections when the numbers support them, plus multi-state filings.
Because the same CPA owns the close, the payroll and the return, your financial statements and your tax return agree, and tax planning happens during the year rather than after it.
Outgrown do-it-yourself QuickBooks?
If the file is months behind, full of duplicates or no longer trusted, we start with a cleanup and a current close, quoted separately so you know the cost first. Then we add payroll and tax, so next filing season isn’t a rebuild.
Choosing the right entity
Once a sole proprietorship or single-member LLC earns roughly $40,000 to $80,000 in net profit, an S-Corporation election can reduce self-employment tax. It also adds payroll and a separate return, so it isn’t always worth it. We model the break-even with your actual numbers before recommending a change. See tax planning and strategy.
How it works
- Free strategy session: we look at your current bookkeeping, payroll and tax arrangement, or your QuickBooks file.
- Written proposal: scope and flat fee within five business days, with no obligation.
- Setup: cleanup or new books, payroll and state registrations, and a filing calendar.
- Every month and quarter: the close and report each month, and a quarterly review with a tax projection.
Documents and bank access are shared through an encrypted TaxDome portal. We reply within one business day.
Frequently asked questions
Do I have to hand over books, payroll and tax all at once?
No. You can start where the problem is, such as messy books, payroll errors or a difficult prior-year return, and move the rest over later so it all sits with one CPA.
Can you run payroll in more than one state?
Yes. We register and file in each state where you have employees, and check whether remote staff create income tax filing obligations for the business there.
Do you run payroll yourselves?
Yes. We run payroll for you and handle the payroll tax filings, so notices and corrections come to the same firm that does your books and return.
What if we already use another payroll provider?
We can keep it and reconcile it monthly, or move you over at a quarter-end to keep filings clean.
Can you take over from our current bookkeeper mid-year?
Yes. We review the books to date, clean up what needs it, and take over from the next open month.
How is pricing set?
A fixed monthly fee based on transaction volume, payroll size and the returns included, agreed in writing before we start. Cleanup is quoted separately.
Is this only for New Jersey businesses?
No. We work with businesses across the United States, securely online, with meetings in Morris Plains when you want them.