Accurate and up-to-date financial records are the backbone of any successful business. Without them, you risk cash flow problems, missed deductions, IRS penalties, and poor decision-making. At Dallas Tax Hub, we provide reliable Bookkeeping and Write-Up Services for businesses in Lewisville, Texas, ensuring your financials are always complete, accurate, and ready for tax season—or any important business decision.
Bookkeeping: The ongoing process of recording, categorizing, and reconciling your financial transactions—such as sales, expenses, payroll, and bank activity.
Write-Up Services: A periodic review, adjustment, and preparation of your books—often done monthly, quarterly, or annually—to ensure they’re accurate, compliant, and ready for tax filings or financial reporting.
Whether you need day-to-day bookkeeping or periodic write-up services before year-end, Dallas Tax Hub can handle it all.
Transaction Recording & Categorization
Accurately entering your financial activity into accounting software like QuickBooks or Xero.
Bank & Credit Card Reconciliation
Ensuring your statements match your books to detect errors, prevent fraud, and maintain accuracy.
Accounts Receivable & Accounts Payable Management
Tracking invoices, customer payments, bills, and vendor payments to improve cash flow.
Payroll Processing Support
Recording payroll transactions and ensuring all payroll tax obligations are met.
General Ledger Maintenance
Reviewing and adjusting your ledger for accuracy and compliance with U.S. GAAP standards.
Month-End & Year-End Write-Up
Cleaning up and finalizing your books so they’re ready for tax filings, audits, or loan applications.
Customized Financial Reporting
Generating balance sheets, profit & loss statements, and cash flow reports to help you make informed decisions.
Tax-Ready Financials
Preparing accurate books that make tax filing fast, efficient, and stress-free.
IRS Recordkeeping Requirements – Federal law requires businesses to keep accurate books that show income, deductions, credits, and all supporting documents for at least 3 years (often longer in certain cases).
Texas Franchise Tax Compliance – Texas requires accurate financial reporting for franchise tax filings.
Audit Defense – Well-maintained books are your first line of defense if audited by the IRS or the Texas Comptroller.
Failing to maintain accurate records can lead to:
Late filing penalties from the IRS.
Missed tax deductions and higher tax bills.
Legal and financial complications during audits or disputes.
✅ Local Expertise – We know Texas business regulations and federal compliance rules inside and out.
✅ All-in-One Service – From bookkeeping to tax filing and audit support, we’re your complete financial partner.
✅ Customized Solutions – We tailor our services to match your industry, business size, and reporting needs.
✅ Time & Cost Savings – Focus on running your business while we keep your books accurate and IRS-ready.