It’s sad but this comes every year, perpetration for Year-End - Tax Time. It usually gets here before you know it. At CYP, we gear up for this time of year.  Whether you prepare your own taxes or have someone else do it, we can help getting your financial records in order.

Government Related

Payroll

Federal

• Recapping of 941, Quarterly Report of Wages and Withholding
• W-2 and W-3 Processing
• Unemployment, 940
• Recap Payments

State

• Recapping DE 6, Quarterly Report of Wages and Withholding
• DE 7, Annual Reconciliation Statement
• Recap Payments

401K/Retirement – Recap the Plan Document and prepare the necessary forms and spreadsheet for the Plan Administrator’s Testing and Audit.

Vendors

• 1099 and 1096 Processing
• Worker’s Compensation Recap

Other Items

• Reconcile Sales Tax, Forms and Deposits
• Reconcile garnishments

Wage

Child Support

Financial

Reconciliation (Verification)

• Bank Accounts
• Credit Cards
• Payroll Liability Accounts
• Sales Tax Accounts

Review of the Accounts Receivable

Review of the Accounts Payable

Review of the Chart of Accounts

Generate an Income Statement

Generate a Balance Sheet

Recap your Fixed Assets

Prepare a Schedule C or a Tax Packet for your CPA or Tax Preparer.