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Succentrix Business Advisors profile image

Succentrix Business Advisors


Succentrix Business Advisors (Succentrix) provides professional tax preparation services and cloud based bookkeeping services to individuals, small, and medium size businesses as well as individual contractors, and entrepreneurs. Utilizing QuickBooks Online accounting software for our bookkeeping clients and Drake (the #1 tax software) for personal and business tax returns. Quickbooks Online allows clients to view financial position at any time from any where, in real time. Monthly, or as often as requested, we can prepare all financial statements (balance sheet, income statement and cash flow analysis). Additionally we can prepare monthly Texas sales tax reports and annual Texas Franchise Tax reports. With Succentrix Business Advisors you receive professional services at affordable pricing. Succentrix also partners with payroll service firms that are geared toward small business owners. Our major partners are SurePayroll and Gusto, this allows our clients to choose what best fit their needs. In business, as in life, all roads lead to taxes. Here is where Succentrix provide the greatest benefit to our clients. Succentrix utilizes Drake, the country's leading tax software vendor. Our financial accounting and payroll services all integrate with the Drake tax software. But, we're not just income tax preparers. We also do tax planning and reviews as well as prepare your monthly sales tax return and Texas franchise tax report. Bookkeeping, payroll and tax planning & preparation, all provided in one location. Just wait until you try some of our other features, such as, automatic invoice capture (never file paper again), automatic bank reconciliation, automated custom report, and more.

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What do you love most about your job?

What I like most about my job is the relationships established with my clients. These relationships generally last for years. They are built on trust and transparency. In some instances my job becomes the basis for developing new friendships.

What inspired you to start your own business?

I am a small business entrepreneur by nature and I love working with numbers, spreadsheets, tables, etc. Not a nerd, this just happens to be my niche. I purchased a franchise because it affords me the ability to offer an exceptional level of support and advice to my clients. Recently my wife and I adopted four lovely kids and starting my own business allows me to work independently while meeting the needs of clients and family.

Why should our clients choose you?

I am not your average, run of the mill bookkeeper. When you chose Succentrix Business Advisors, Charles Smith, Franchise Operator, you will work with someone with over 35 years of professional accounting and tax experience. A fellow small business owner, faithful business collaborator, family man and youth sports advocate.

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Tax Preparation FAQs

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Broadly speaking, the higher your income and the more sources of income you have, the higher the fee is likely to be.

Your professional tax accountant will be able to advise you on the full range of options available and what is most suitable for you. Use Bark to get free quotes and get in touch with local tax accountants today.

There are a number of factors that are worth considering when choosing your tax accountant. These include:

  • Professional qualifications - You should check that they have completed relevant qualifications which are regulated by their professional body. In addition, they should be keeping their skills and knowledge up to date through continuing professional development. They are also required to hold Professional Indemnity Insurance.

  • Invest time - Invest time in finding the right adviser. Research their websites and meet those on your shortlist. When you meet them decide if they are approachable and understand businesses of your size and in your sector. It is helpful if they have expertise in particular areas of tax that you require advice for. Find out if they provide services that you may need now and in the future.

  • First meeting - Check in advance whether the first meeting is free of charge.

  • Charges - Establish the basis of fees and when they will be payable. Ask for an estimate and check what is included such as additional charges for other services (e.g. VAT, Payroll). You may be able to minimise charges by doing some work yourself and by using a compatible accounting package.

  • Terms of engagement - You should receive a letter setting out what your adviser will and will not do for you in the terms of the engagement.

  • Keeping them informed - You should keep your adviser informed of any changes in your business or personal circumstances. Plus, you should seek their advice in advance if you are considering retiring, selling or giving away an interest in your business or a significant asset.

You can be confident that any of the Bark local tax accountants listed will give you a reliable and professional service.

It can be tempting for sole traders to monitor their own financial situation and attempt to save additional overheads when margins are tight.

Hiring a tax accountant can save you money and free up time in which to grow your business interests. Plus, partnering with a good accountant can help protect your legal positioning, guarding against common mistakes that have avoidable consequences.

Filing tax returns can be worrying for those who have never done so before but tax accountants can take the stress out of managing your financial records.

Some of the services your business taxation expert can provide include:

  • Bookkeeping

  • Helping you pay the right amount of tax

  • Improving tax efficiency

  • Financial compliance

  • Creating/developing your business plan

  • Sourcing funding for growth

  • Growth management

  • Extracting value from your business

  • Tax returns

  • Making tax digital

  • Exit planning

Absolutely! Online accountancy is becoming increasingly popular, not least because it offers convenience and flexibility, which is ideal for those of us with busy schedules or accessibility issues. As long as you're able to discuss your needs with your expert over the phone or via video chat, then you're good to go.

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