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Matthew Babson, CPA

Accountant

5.0(1 Google review)
1 Blackburn Dr, Gloucester, MA 01930
Licensed Tax Preparer

Babson & Company

Specializes in

Bookkeeping

Languages

English

Estimated Tax Prep Pricing in Gloucester

Individual 1040

$300$500

1040 + Self-Employment

$500$800

Business Return

$750$1,400

AICPA national averages — Gloucester hasn't published exact rates. Get a personalized quote for accurate numbers.

About Matthew Babson

Matthew Babson, CPA operates from 1 Blackburn Dr, Gloucester, MA 01930 in Gloucester, Massachusetts. The firm is registered with the Massachusetts Board of Public Accountancy. The preparer is registered with the IRS via the Preparer Tax Identification Number (PTIN) system to file federal returns on behalf of clients.

Reported areas of practice include Bookkeeping. On Google Business Profile, the firm is categorized as an accountant. Public Google reviews show a 5-star rating across 1 ratings.

For taxpayers in Gloucester, the firm handles federal Form 1040 returns, Massachusetts state income tax filings, and supporting schedules for self-employment, investment income, and rental property. Common engagements at this credential level also include estimated tax planning, prior-year amended returns, and IRS notice response.

More about Matthew Babson

Babson & Company operates as a dedicated tax professional firm situated in Gloucester, Massachusetts. The firm is committed to assisting individuals and businesses within Gloucester and its neighboring communities with their financial management needs. As a tax professional, Babson & Company brings knowledge in tax regulations and compliance, aiming to provide clear guidance to clients. A core specialization of the firm is comprehensive bookkeeping services. This focus ensures that clients can maintain organized and accurate financial records, which is crucial for tracking income, managing expenses, and preparing for various tax requirements throughout the year. By offering these specialized services, Babson & Company supports clients in achieving better financial clarity and adherence to necessary tax standards. The firm's practice is grounded in providing practical, focused financial support to its local clientele.

Services Matthew Babson offers

Babson & Company specializes in providing essential bookkeeping services, which form the cornerstone of sound financial management for individuals and businesses. Bookkeeping involves the systematic recording of all financial transactions, ensuring that every income, expense, asset, and liability is accurately documented and categorized. For clients, this means maintaining organized and up-to-date financial records that are crucial for both daily operational insights and strategic long-term planning. Our services typically encompass managing general ledgers, meticulously reconciling bank and credit card accounts to ensure accuracy, and efficiently processing accounts payable and receivable to keep cash flow smooth. We also assist in preparing fundamental financial statements, such as balance sheets and income statements, which offer a clear snapshot of a client's financial health at any given time. Accurate and consistent bookkeeping provides a transparent picture of a client's financial performance, empowering them to make informed business decisions, effectively monitor cash flow, and identify areas for financial improvement. Furthermore, well-maintained books are absolutely fundamental for simplifying the annual tax preparation process, ensuring that all necessary financial data is readily available, correctly categorized, and compliant with tax regulations. This specialization helps clients avoid common record-keeping errors, save valuable time during tax season, and maintain adherence to financial reporting standards. Babson & Company is dedicated to delivering precise and reliable bookkeeping support, allowing clients to focus on their core activities with confidence, knowing their financial records are professionally managed.

Areas served

Gloucester, MARockport, MAManchester-by-the-Sea, MAEssex, MAIpswich, MABeverly, MA

Frequently Asked Questions

Does Babson & Company accept new clients for bookkeeping services?

We welcome inquiries from prospective clients seeking bookkeeping support. Please contact our office to discuss your specific needs and determine how we can best assist you.

What information should I prepare for my initial consultation regarding bookkeeping?

For an initial discussion, it's helpful to have a general understanding of your current financial situation, any existing financial records, and your primary goals for bookkeeping services. This helps us tailor our approach.

How does Babson & Company handle client information and data security?

We prioritize the confidentiality and security of all client financial data. We employ professional standards and secure practices to protect your sensitive information throughout our engagement.

What is the typical turnaround time for bookkeeping tasks?

Turnaround times can vary depending on the complexity and volume of transactions. We work efficiently to process your financial data regularly, often on a monthly or quarterly basis, to keep your records current.

How are fees structured for bookkeeping services?

Our fees for bookkeeping services are typically based on the scope and frequency of the work required. We can provide a clear estimate after understanding your specific needs during an initial consultation.

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Data sourced from Massachusetts Board of Public Accountancy. Profile not verified by TaxScout.

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