Top 7 Accounting firms for small businesses in the US

Top 7 Accounting firms for small businesses in the US

Accounting is an important service for any business, either large or small. No business can ever survive without proper accounting. That is why businesses are often forced to spend a lot on the accounting department.

It is very important for small businesses to keep track of their cash flow, income statement, tax filing, auditing and balance sheet. All these can't be possible without the services of an accountant or an accounting firm.

There are two ways of working with an accountant. It is either you employ an in-house accountant who would be your employee on full-time basis or you outsource your accounting needs to an accounting company. Both employing an in-house accountant and outsourcing your accounting have their advantages and disadvantages, so conduct your investigations and evaluate your options before making a decision.

In the United States, accounting services are in high demand, especially for small business owners who can't afford to outsource to any of the big 4 accounting firms.

The big 4 accountancy firms are KPMG, Ernest and Young, PwC and Deloitte. They can be found in almost every country in the world and audit accounts of some of the biggest companies in the world. However, their services are very expensive and can't be afforded by small businesses. This is where small business accounting firms come in.

What Accounting Is Needed For A Small Business?


Accounting firms for small businesses offer the best small business accounting services, such as:
  1. Accounting and Bookkeeping
  2. Payroll processing
  3. Tax filing
  4. Inventory management
  5. Cost Accounting and analysis
  6. Preparation of financial statements
  7. Bank and Credit Card Reconciliation
  8. Management reporting
  9. Review and supervision
  10. Account receivables and account payables management
  11. Business Financial and Operational analysis
  12. Virtual CFO
  13. Special purpose CFO
  14. Accounting software consultancy

To find a small business accounting firm in your locality, you can use the Google near me search. All you have to do is to visit Google from your internet-enabled phone and type "accounting for small business near me" and the list of the accountancy firms in that location will appear, then you choose the company you want.

Top 7 Accounting Firms For Small Businesses


We have listed the top 8 accounting firms in the US for small businesses. Let’s check them out:

1. ORBA


Ostrow Reisin Berk & Abrams (ORBA), based in Chicago, Illinois, is a full-service accounting, tax, and financial services firm committed to assisting customers in achieving their objectives and achieving success.

ORBA offers continuous accounting services such as tax counseling and other advisory services. They provide tax advisers to make the process of filing as straightforward as possible.

They assist customers in achieving their financial goals by building relationships based on their capacity to be a complete information resource, providing industry-leading face-time with clients, and creating a firm-wide culture of devoted, creative, and client-focused professionals.

Their sector experience includes:
  1. Residential
  2. Commercial
  3. Retail
  4. Office
  5. Hospitality sector
  6. Industrial
  7. Health sector

2. Yount, Hyde and Barbour (YHB)


Located in Falls Church, Virginia, YHB provides private companies, individuals, fiduciaries and non-profit organizations with a variety of accounting and tax services. These services are provided by experienced CPAs.

The mission of YHB is to give individual service and attention to its clients in order to help them achieve their financial and business objectives. Their primary objectives are to assist clients in complying with all relevant laws and regulations while working towards increasing productivity.

YHB’s services include:
  1. Tax Advisory
  2. QuickBooks Training
  3. International Tax Services
  4. Bookkeeping Services
  5. Software Implementation

For over seventy years, YHB has serviced estates and trusts, NGOs, families and businesses in retail, healthcare, and other industries.

3. CapActix Business Solutions


CapActix, based in New York, provides small businesses with unique accounting and finance solutions. CapActix improves businesses by streamlining their operations.

They are experts at offering the following services:
  1. Accounting and Bookkeeping
  2. Payroll processing
  3. Tax filing
  4. Inventory management
  5. Cost Accounting and analysis
  6. Preparation of financial statements
  7. Bank and Credit Card Reconciliation

CapActix ensures that their clients' confidential information is kept private and secure. They have adopted necessary security precautions since they are firm believers in data security. They also use an SSL encrypted document management portal with a document processing module because sending information over emails or any public channel carries some risk.

4. Raben CPA Firm


For more than 40 years, Raben CPA Firm has provided tax preparation, payroll, retirement planning, bookkeeping, tax and estate planning, and a variety of other accounting services to a wide range of clients in the greater Las Vegas and Henderson area, including both businesses and individuals.

Certified public accountants with a track record of accuracy and experience, as well as tax law specialists who can help you save money year after year. Through the excellent quality of services they provide for their clients, they have earned a reputation for professional excellence.

Raben CPA Firm provides the following services:
  1. Accounting
  2. Bookkeeping
  3. Tax relief services
  4. Payroll Preparation
  5. Tax Planning

They provide expert CPAs to take care of all of your accounting needs and ensure that they are completed correctly.

5. NCheng


NCheng was founded in 1989 and serves a diverse client base with audits, accounting, and financial management support. Their expertise has been honed over time to help their clients achieve their objectives.

Their mission is to assist organizations in achieving their objectives and long-term growth and success through good, strategic management decisions. Their inventive solutions, as well as their use of technology, such as cloud-based accounting, have all contributed to their status as a respected leader in the business sector.

The following are examples of their assurance services:
  1. Financial and compliance audits
  2. Program specific audits
  3. Fiscal and accounting support services
  4. Financial reporting and fiscal department review and evaluation
  5. Human resources outsourcing
  6. Strategic and business plans
  7. Financial Information System design
  8. Annual return preparation for small businesses

6. Westside Financials


Westside Financials, based in Los Angeles, focuses on assisting clients in meeting their monthly closure deadlines and remaining at the top of their complete accounting cycle.

Whether it's basic accounting services such as reconciling bank and credit card accounts, payroll preparation, or fractional CFO services such as financial forecasting, budgeting, and reporting, Westside Tax strives to provide solutions that meet the unique needs of each client.

When it comes to taxation and financial planning, Westside strives for clarity, precision, and a strategy when dealing with these challenges at the federal and state levels.

They like figuring out how to reduce their clients' taxable footprint, and they feel that careful tax and financial planning can help them save money and pay for themselves many times over.

Westside Financials provides services in the following areas:
  1. Bookkeeping
  2. Business Management
  3. Taxation
  4. Financial Planning
  5. Quickbooks and consulting

7. Signature Analytics


Signature Analytics, based in San Diego, is a local outsourced fractional CFO and accounting agency that specializes in onsite accounting, financial, and business advisory services.

They offer small and mid-sized businesses with the benefits of a full finance and accounting department at a fraction of the cost, thanks to a staff of Accountants, Controllers, and CFOs. Their team works on-site or off-site to satisfy a company's specific demands.

Signature Analytics can either supplement existing internal workers or take over the accounting and finance department entirely.

The following are some of their services:
  1. Increasing efficiency and reducing fraud by improving processes and controls.
  2. Improving financial reporting to help you operate your business
  3. Developing comprehensive financial and operational insights to aid in business decision-making
  4. Assist business owners with increasing cash flow, improving overall performance, and achieving their objectives.
  5. Manage your accounting operation so you can concentrate on value-added activities

Conclusion


An accounting firm is an important part of every business. You need accounting firms for small businesses in the US that are knowledgeable, dependable, and ready to help you whenever you need it. Not only will they handle the accounting responsibilities, but they will also provide realistic business advice to help you develop and expand your company.

Competent accounting firms help businesses grow by providing realistic business advice and managing difficult financial work.

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