Porchlight Accounting

Cash basis accounting records revenues and expenses when cash is received or paid, providing a clear view of cash flow but not matching revenue with expenses. Accrual basis accounting recognizes revenues and expenses when they are incurred, offering a more accurate representation of profitability and compliance with GAAP and IFRS.

Porchlight Accounting processes payroll, handles labor posting, reconciles benefits, and ensures compliance across multiple payroll software platforms including Square, QuickBooks, Gusto, ISolve, ADP, and Paychex.

Porchlight Accounting provides sales tax compliance review, monitoring for small businesses, structure review, coordination with tax preparers, state and local agency compliance, out-of-state nexus compliance, audit backup, and representation.

Porchlight Accounting offers owner salary review for IRS compliance, business structure review, identification of tax savings leaks, coordination with current or internal tax preparers, and state and local agency compliance.

The 'whole picture' approach means Porchlight Accounting considers all aspects of a client's financial future, integrating bookkeeping, payroll, tax planning, and sales tax compliance to provide a comprehensive financial strategy.

Porchlight Accounting emphasizes empathy, integrity, and honesty, treating clients as family and prioritizing accurate and timely financial support to build long-lasting trust relationships.