815-637-2929

Accounting:

We can assist your company at the level of service you specifically need. This may be a complete service level where Summit compiles all of your accounting records from checkbooks and other activities. Or you may take care of bookkeeping internally and Summit prepares bank reconciliations only. Or you may need a service level somewhere in between. You choose the level you need.

Payroll:

We can assist your company at the level of service you specifically need. This may be a complete service level where Summit prepares payroll checks (even with direct deposit), schedules required tax deposits and prepares the payroll tax returns. Or you may take care of payroll internally and Summit prepares payroll tax returns only. Or you may need a service level somewhere in between. You choose the level you need.

Tax Return Preparation:

U.S. and State returns required can be prepared by Summit for:

  • Business-Corporate (C and S corporations)
  • Partnerships
  • LLC-Limited Liability Company
  • Trusts
  • Payroll-quarterly and annual returns
  • Sales Tax for filing frequency required
  • Estate
  • Gift-when gift exceeds the annual exclusion

Financial Planning:

We can help you plan for your individual and business goals. For individuals, this can include income tax projections and life event planning. For businesses, this can include income tax projections and how your business will affect your individual tax return, retirement planning, and business decision planning.

Quickbooks:
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We have earned the Intuit ProAdvisor QuickBooks certification to help our clients who internally use this software. We can assist your company at the level of service you specifically need.

This may be a complete service level where Summit sets up your company from its initial new company being opened to set up the Chart of Accounts correctly, to entering the beginning balances, to training you how to use the QuickBooks software. Then you may take care of your own bookkeeping internally including bank reconciliations and payroll processing.

You may do most bookkeeping functions but ask Summit to prepare bank reconciliations or payroll tax returns or income tax returns only or you may need a service level somewhere in between. 

Efficiency Features:

Summit uses integrated tax and accounting software from Thomson Reuters. This concise approach benefits our clients because the integrated software communicates and data shares between each software, eliminating duplicate work and resulting in cost savings to our clients.

Summit uses tax return electronic filing. And we have used this concise approach since the year 2000. What Summit accomplished long ago with providing the most efficient and least cumbersome approach for our clients, just recently is electronic filing now being mandated by the IRS.

Summit uses scanning techniques and paperless filing storage internally. This approach has increased our internal efficiency, has provided permanent data storage for the required time, and gives access to documents with a few keystrokes.