Business Details
Virtual Bookkeeping & Tax Services for Small Businesses
Founded by Ashley Schmitz, a former U.S. Army service member with a deep commitment to empowering small business owners, Each Penny Bookkeeping brings over 15 years of hands-on experience in financial management. Our team specializes in transforming complex financial tasks into streamlined, stress-free solutions, allowing clients to focus on growing their core business. We leverage cutting-edge virtual technology to deliver accurate bookkeeping, tax preparation, and payroll services, ensuring compliance while eliminating time-consuming administrative burdens. Our personalized approach treats every client like family, providing monthly strategic reviews and real-time financial insights tailored to each business's unique needs.With a proven track record of helping entrepreneurs avoid late fees and optimize deductions, we combine military-grade precision with compassionate service to deliver peace of mind. Our proprietary 'Each Penny Plan' offers scalable solutions from startup setup to full-service bookkeeping, backed by a relentless focus on accuracy and client education. By maintaining up-to-date financial records and offering instant access to critical data, we position businesses for long-term success in a rapidly changing economic landscape. Our dedication to excellence is reflected in our technology-driven processes that eliminate manual errors and ensure seamless financial operations for clients nationwide.
Services
Online Bookkeeping
Tax Preparation
Payroll Services
Monthly Financial Reviews
Technology Integration
Startup Setup
Full Service Bookkeeping
Financial Cleanup
Compliance Management
Expense Tracking
Highlights and features
- We offer 15+ years of military-grade financial management experience
- Our virtual platform eliminates manual bookkeeping with automated tools
- Monthly strategic financial reviews included with all service plans
- Specialized in correcting data entry errors and reconciling accounts
- Family-like service treating clients as valued partners, not transactions
Services
Online Bookkeeping
Our online bookkeeping service provides real-time financial management through automated tools that track expenses, generate reports, and maintain accurate records. Businesses gain 24/7 access to up-to-date financial data while reducing manual errors. This solution saves time and costs by eliminating physical document handling through secure digital integration.
Tax Preparation
Professional tax preparation ensures compliance with current regulations while maximizing deductions and credits. Our experts organize financial records and file returns accurately, providing peace of mind during tax season. This service helps businesses optimize their tax outcomes through strategic planning and documentation.
Payroll Services
Our payroll service handles employee compensation tracking, tax withholdings, and timely payments. We ensure accurate processing of wages and compliance with labor regulations. This solution prevents payroll errors and associated penalties while streamlining monthly payment cycles for businesses.
Financial Cleanup
The financial cleanup service organizes and corrects historical accounting records to ensure accuracy. We reconcile accounts, update payroll records, and fix data entry errors. This process establishes reliable financial foundations for businesses needing to resolve past discrepancies or prepare for audits.
Monthly Meetings
Monthly strategic meetings provide in-depth analysis of business finances and performance metrics. We review accounts receivable/payable, cash flow, and growth opportunities to develop actionable plans. These sessions help business owners make informed decisions based on current financial data.
People
Ashley Schmitz
Accountant
Former U.S. Army service member with 15 years of financial management experience. Passionate about helping small businesses through personalized bookkeeping solutions. Treats clients like family while ensuring compliance and financial clarity.
Questions
What accounting software do you use?
We primarily use QuickBooks Online (QBO) for our bookkeeping services, ensuring seamless integration with your existing financial systems.
How do you handle payroll processing?
We accurately process payroll by tracking employee hours, wages, and deductions while ensuring compliance with tax regulations and timely payments.
Do you offer tax preparation services?
Yes, we provide comprehensive tax preparation services including organizing financial records and filing returns while maximizing deductions.
How do monthly financial meetings work?
We conduct virtual monthly reviews analyzing your financial reports, cash flow, and business performance to create strategic growth plans.
Can you help with financial record cleanup?
Yes, we offer financial cleanup services to correct data entry errors, reconcile accounts, and update payroll records for accurate financial reporting.
