Bakersfield Accounting Services
Prudent Accounting Services
for Businesses in Bakersfield, California.
Schedule a FREE 15-minute discovery call with one of our CPAs.
We’re Proud To Support Companies Based In Bakersfield, California
The city of Bakersfield, CA is situated within the heart of Kern County, California, serving as an understated hub of activity within the agricultural and energy production sectors. For those visiting Bakersfield, CA, there are numerous landmarks to consider seeing during your visit. The Buena Vista Museum of Natural History & Science, the California Living Museum, and Kern County Museum are all among the top places to see in Bakersfield, CA. Art lovers can tour the Bakersfield Museum of Art to see amazing art created by local artists in Bakersfield, CA.
For companies searching for an accountant or tax professional in Bakersfield, CA, MBS Accountancy is a primary choice. Voted as a 2021 leading U.S. accounting firm by Forbes, MBS Accountancy serves as an outsourced accounting firm to businesses and organizations throughout Fresno, Clovis, Bakersfield, CA, as well as other cities throughout the United States.
At MBS Accountancy, our goal is to provide prudent financial strategies, bookkeeping services, and tax planning services for Bakersfield companies in diverse industries. Our top client industries include agricultural businesses, real estate business, construction clients, legal industries, nonprofit organizations, hotels & restaurants, and churches.
If your company is based in Bakersfield, CA and are in need of outsourced accounting help, we’d love to help you. Every accountant on our team enjoys helping staff and management individuals interpret financial data, understand the terms and meaning behind their financial reports, or ensure they can lower their tax payments.
Rather than focus on a one-time tax service or financial record clean-up, we prioritize holistic accounting and look at the “big picture” of how we can improve your company’s financial performance overall. For example, we look at how you can claim multiple tax credits, maximize tax deductions, and improve your accounting practices to maintain your profitability for the years ahead.
When It Comes To Accounting,
Bakersfield, CA Counts On Our Accounting Firm
As one of the 2021’s top CPA firms in California, MBS Accountancy has years of experience helping companies become profitable and stay profitable. Using prudent accounting, accurate bookkeeping, and sound tax planning and preparation services, our accountants and bookkeepers help businesses based in Kern County achieve their financial goals year after year.
It's common for individuals who're starting their own small business in Bakersfield, CA to handle the job of bookkeeping. As businesses grow, however, most find that dedicated, professional help is required. Our outsourced bookkeepers sure that every client's finance setup is accurate and reconciled.
Trying to handle every finance job yourself leaves you with little time to translate finance reports into actions. Our accounting team hops on a call or meets with you to discuss any insights they've learned from looking at finance data from the previous month, helping you cut costs or improve profit when possible.
Tax Preparation Services
Whether you're trying to prepare a tax return or want to be updated when an IRS update affects your company in Bakersfield, CA, our tax preparation & tax consultation staff can help you review opportunities for tax credit savings, offer advice on lowering taxes, and assist with the preparation and compilation of any data and documents for taxes.
When you're planning a critical business move in Bakersfield, CA, our team can help you ensure it makes financial sense. Our job within our CFO services is ultimately to drive your profitability up and your Bakersfield business forward, helping you prepare for long-term success.
For companies based in Bakersfield, CA, moving from spreadsheets or a legacy accounting system can be difficult. Our QuickBooks services can help your business move from legacy software or spreadsheets to QuickBooks, a cloud accounting software program that stores your financial reports & accounting data in the cloud so you can see it from any device.
For Help With Accounting, Bakersfield, CA Can Trust Us
We’ve partnered with hundreds of businesses in Fresno, Clovis, & Bakersfield, CA to help streamline and improve their accounting processes and grow their profitability. Our CPA firm has helped numerous companies in and near Bakersfield, CA improve their financial health and maintain compliance. Here’s what some of our amazing clients have said about us:
Read Our Latest Blog Articles About Accounting, Tax Services, Bookkeeping, & More
Our blog covers a wide range of topics related to accounting, taxes, bookkeeping, business strategy, and more. In every article, we provide valuable tips to help you grow your Bakersfield company.
Article Highlights: American Rescue Plan Expanded One-Year-Only Change Refundability Child Care Expenses Credit Percentage Maximum Credit Credit Phaseout Employer-Provided Dependent Care Assistance Great news if
Common Questions About Our Accounting Services
For Bakersfield, CA
We’re happy to answer any sort of questions you may have about the scope or details of our accounting services for businesses in Bakersfield, CA. For your convenience, we’ve provided answers to many common questions from clients here. If you have a related question about anything that’s not covered below, contact our office near Bakersfield, CA, and we’ll be more than happy to discuss it with you.
Should I delegate accounting duties in-house or outsource them?
Hiring in-house accountants require ongoing management and comes with costs related to payroll like benefits and training. Typically, companies in Bakersfield, CA see a greater return on investment (ROI) from outsourcing because they eliminate these numerous employment costs.
While in-house accountants are fully capable of handling the job of managing your company's finances, an outsourced accounting firm offers third-party review and help that ensures your accounting is always done right.
If you choose a location-independent accounting firm like MBS Accountancy, you'll benefit from the resources and experience of every member of our team. Whether it's helping you understand the terms and applicability of a loan or grant, allocate resources properly, or handle any accounting job or project, MBS Accountancy is a must-have partner for any sort of accounting needs.
What is a full-service accounting firm?
A full-service accounting firm like MBS Accountancy provides you with a comprehensive, integrated view of your Bakersfield company’s financial health & financial performance. Rather than piecing together information from various vendors and partners, full-service accounting provides a holistic lens through which you can assess your company’s performance.
Instead of handling one job or one aspect of your accounting, a full-service accounting firm will handle any finance-related job, including ensuring each tax return you file is accurate and maximizes any applicable tax credits and tax deductions.
Should I hire an accountant or an accounting firm?
An in-house accountant can provide you with specialized services in specific areas, like payroll processing, accounts payable/accounts receivable, or taxes. Having a company or staff accountant can be great for those who want to cross-train or hire a new employee with accounting experience..
On the other hand, Bakersfield accounting firms are capable of offering a wide range of services at a specialist level and can manage complex financial tasks on their own, reporting directly to your executive team. An outsourced accounting team like MBS Accountancy offers amazing service quality, based on years of experience, that includes tax preparation, state taxes, federal taxes, project accounting, and other aspects of your business accounting needs.
What’s the difference between a CPA firm vs. a Bakersfield accounting firm?
All CPA firms are accounting firms, but not all accounting firms are CPA firms. This is important to note, since the job and scope of service will vary based on which type of accounting service you choose.
CPAs are accountants who have passed stringent tests and met the licensing requirements, including undergoing continuing education each year to maintain their CPA license. Choosing to hire a certified public accountant will ensure that any accounting job in your company is under the review of a highly qualified, highly experienced professional.
Additionally, CPAs are legally considered to be fiduciaries, with the legal duty to act in the best interests of their clients. CPAs are also able to represent their clients before the IRS if necessary, while non-CPA accountants are not. Certified public accountants are also required to follow a strict code of ethics and meet high professional standards.