J

James Stone, CPA

Accountant

5.0(3 Google reviews)
15 Walnut St #150, Wellesley, MA 02481
IRS-Verified CPA

Prague & Company

Specializes in

Bookkeeping

Languages

English

Estimated Tax Prep Pricing in Wellesley

Individual 1040

$300$500

1040 + Self-Employment

$500$800

Business Return

$750$1,400

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

About James Stone

James Stone, CPA operates from 15 Walnut St #150, Wellesley, MA 02481 in Wellesley, Massachusetts. The firm is registered with the Massachusetts Board of Public Accountancy. As a CPA licensed in Massachusetts, the practice is authorized to provide attestation, tax representation, and advisory services within the state's regulatory framework.

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 3 ratings.

For taxpayers in Wellesley, 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 James Stone

Prague & Company is a CPA firm situated in Wellesley, Massachusetts, dedicated to providing professional accounting services. The firm's primary focus is on bookkeeping, offering essential support to individuals and businesses in managing their financial records. As Certified Public Accountants, Prague & Company brings a high level of expertise to ensuring that financial transactions are accurately recorded, categorized, and reconciled. This specialization is crucial for clients who require meticulous attention to their daily financial operations, from tracking income and expenses to managing ledgers and preparing financial statements. By maintaining organized and up-to-date financial data, Prague & Company helps clients establish a solid foundation for their financial health. This support aids in streamlining year-end tax preparation, improving cash flow management, and providing clear insights for strategic business decisions. The firm serves clients within Wellesley and the neighboring Massachusetts communities, assisting them in achieving greater financial clarity and compliance.

Services James Stone offers

Prague & Company specializes in providing comprehensive bookkeeping services designed to support individuals and businesses in maintaining accurate and organized financial records. This core service encompasses the systematic recording of all financial transactions, including income, expenses, purchases, sales, receipts, and payments. The firm ensures that every financial event is meticulously captured and categorized, providing a clear and current overview of a client's financial status. Bookkeeping support from Prague & Company includes managing accounts payable, ensuring timely payment of invoices and tracking liabilities, as well as handling accounts receivable to monitor incoming payments and manage outstanding balances. Bank and credit card reconciliations are also a key component, verifying that ledger balances match bank statements, which helps in identifying discrepancies and preventing errors. The firm's approach to categorizing transactions is crucial for accurate financial reporting and for simplifying the process of preparing for tax season. By entrusting their bookkeeping to Prague & Company, clients gain access to well-maintained ledgers and journals, which are foundational for generating reliable financial statements such as income statements and balance sheets. These statements are vital tools for internal management decision-making, allowing clients to assess profitability, liquidity, and overall financial health. Furthermore, robust bookkeeping significantly streamlines the annual tax preparation process, ensuring that all necessary financial data is readily available, correctly classified, and compliant with relevant regulations. This foundational financial management allows clients to focus on their primary activities with confidence in the integrity and accuracy of their financial information.

Areas served

Wellesley, MANatick, MANeedham, MANewton, MAFramingham, MAWeston, MA

Frequently Asked Questions

Does Prague & Company accept new bookkeeping clients?

We welcome inquiries from prospective clients seeking professional bookkeeping services. Please contact our office to discuss your specific needs and how we can assist you with your financial record-keeping.

What information should I prepare for my initial bookkeeping consultation?

For your first meeting, it's helpful to bring any existing financial records, such as bank statements, credit card statements, and previous income/expense summaries. This helps us understand your current financial situation.

How does Prague & Company structure its fees for bookkeeping services?

Our fee structure for bookkeeping services is typically based on the scope and complexity of the work required. We can provide a detailed quote after understanding your specific needs during an initial consultation.

Can Prague & Company assist with digital record-keeping and financial software?

While our primary specialization is bookkeeping, we can discuss how to best integrate digital tools for efficient record management. Our goal is to ensure your financial data is accurate and accessible.

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

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