Frequently asked questions

If your question isn’t here, ask it through the contact form and Christen will answer it.

Working together

Who will I be working with?

Christen Gamache. C.G. Accounting Services is a one-person practice, so the person you talk to is the person who keeps your books, prepares your statements and plans your taxes.

Do I need every service you offer?

No. Most businesses start with one thing, often bookkeeping or tax planning, and add more as they need it. The first conversation is about what would help you most.

My books are months, or years, behind. Can you still help?

Yes. Catching up is common. Past periods are rebuilt from bank statements and whatever records you have, then kept current from there. See historical financials on the services page.

What do I need for a first conversation?

Nothing formal. It helps to have your most recent tax return, a few recent bank statements and access to your current books, if you keep any, but a description of the business is enough to start.

Taxes and standards

Will this lower my taxes?

The goal is that you pay what the law requires and nothing more. That comes from planning through the year: tracking the deductions you’re entitled to, timing purchases and income, and setting up the business in a way that suits it. A lot of savings are lost simply because the records weren’t there to support them.

Do you prepare tax returns?

Christen focuses on the planning and the books a return is built from. The returns themselves are prepared by a partner tax firm she works with, so they start from records that are already complete and organized.

What is GAAP, and why does it matter?

Generally Accepted Accounting Principles are the standard rules for preparing financial statements in the United States. Statements prepared under GAAP are consistent from year to year and comparable with other businesses, which is what banks, buyers, investors and auditors expect to see.

When would I need a forensic audit?

When something doesn’t add up: cash that should be there and isn’t, an employee or partner you’re concerned about, or figures that need to be checked independently in a dispute. A forensic audit traces the transactions and documents what the records show.

Cost and confidentiality

How is the work priced?

It depends on the work and the size of your books. Either way, you’ll know the cost in writing before anything starts.

Is my financial information kept confidential?

Yes. Your records are seen by Christen and by no one else unless you ask for them to be shared, for example with your bank, attorney or tax preparer.

Talk to Christen about your books

Send a few details about your business and what you need help with, and she’ll be in touch to set up a time to talk.