If you’ve previously provided us with your tax details, the questionnaire will be pre-filled with that information along with some additional questions. Depending on the amount of changes, your review time can vary slightly but we estimate it should take you about 30 minutes. You’ll be able to save your work and return to it at a later time if you need. We don’t require any of your previous bookkeeping to complete work going forward, which means we won’t do a full import of your books into Bench.
Spend less time bookkeeping and more time growing your business.
With this system, we record transactions as soon as the money has been deposited into your bank or charged to your bank/credit card. Unlike other bookkeeping bench tax login solutions, we don’t remove your login access after your subscription has ended. That means you’ll never lose access to your data within our platform.
Trusted by more than 25,000 American small business owners
Reach out anytime — we’d love to learn more about your business needs and see how Bench can support you. Sign up today and we’ll do one prior month of your bookkeeping and prepare a set of financial statements for free. Your specific information plays a critical role in your tax filing. Since we last captured this information, details about your business might have changed.
Easy-To-Use Platform
Bench Accounting offers bookkeeping and income tax services for small businesses. Once we receive all of your documents and information from you, it’ll take us minimum 30 business days to get your books ready for day-to-day decision-making. Around tax season, it’s normal for us to make further final year-end adjustments to get your books fully IRS-compliant for tax-filing purposes.
About The 1099 Report
When you know how to read your financial statements, you can find ways to increase your profit and catch problems before they grow. Here are 11 alternatives to explore, each with a different emphasis in supporting your small business finances. After logging into Bench, navigate to the ‘Tax Center’ tab in the menu and click on ‘1099 Reports’. Here you can select either 1099 NEC or 1099 MISC, select the tax year and click ‘Download’ for your report.
- They also make adjustments to your books to ensure they’re tax-compliant.
- Easily see your updated financial data every time you log in.
- You won’t need any other software to work with Bench—we do everything within our easy-to-use platform.
- For an additional fee, Bench provides overdue bookkeeping services and can finish a year’s worth of bookkeeping in about two to four weeks.
- Bench.co has been great for me, and it will be for many of you, too.
Bookkeeping & Tax
We take care of the tedious bookkeeping work, you get more time to focus on what you care about—helping your business succeed. Our small business Bookkeeping & Tax plan is your all-in-one tax and bookkeeping solution. We keep everything organized for you, every step of the way.
These changes will be reflected in your year-end financial package. Bench Accounting is an online bookkeeping service that pairs your business with dedicated in-house bookkeepers to keep your financials accurate and up to date. Each month your bookkeeper will categorize your transactions, reconcile your bank accounts and prepare financial statements on your behalf. In this way, Bench can replace traditional accounting software for many businesses. Once your bookkeeper completes your year end financials, your dedicated Tax Coordinator and Bench Tax Advisor will facilitate the preparation, review, and filing of your income tax return.
Bench simplifies your small business accounting by combining intuitive software that automates the busywork with real, professional human support. Less stress for you, more time to grow your business. With 1099 reporting in the Bench app, you get full visibility into contractor payments and transactions, access to expert resources, and can download reports anytime you want.
Come year-end, they’ll compile a tidy tax package that contains everything we need to file—and gives you a year-in-review snapshot of your business. An all-star team means an all-time-great tax return. Small business bookkeeping and tax services from Bench ensure you’ll get every deduction you deserve. The Bench platform gives you monthly financial statements and expense overviews to keep you in control of your money. At-a-glance visual reports help you see the big picture and give you actionable insights to help you grow your business. The magic happens when our intuitive software and real, human support come together.
Bench is proud to offer bookkeeping services to businesses across the United States. We are here to help you streamline your accounting needs efficiently and effectively. While Bench doesn’t offer accrual accounting services, we specialize in a modified version of cash basis bookkeeping. This approach allows us to record transactions as soon as funds are deposited into your bank or charged to your bank or credit card. A complete guide to paying federal estimated quarterly taxes, including who is required to pay them, how to pay, deadlines, and what happens if you miss the payment deadline. With Bench, you get a team of real, expert bookkeepers in addition to software.
Occasionally we might need your input on things like categorizing a transaction properly, but we try our best to make bookkeeping as hands-off as possible for you. From year-round bookkeeping and unlimited tax advisory support, they have you covered. With Bench, there are no extra fees, and no year-end surprises – just expert tax support you can rely on. Try for free and save 30% off your first 3 months as a Nav member. Using Bench is different from having a subscription to accounting software like QuickBooks Online or Xero. These products can streamline tasks like reconciling accounts and categorizing transactions, but they don’t take bookkeeping off your plate completely like Bench does.