Accounting firm
Silver Financial Administration
Specializes in
Languages
Individual 1040
$300 — $500
1040 + Self-Employment
$500 — $800
Business Return
$750 — $1,400
AICPA national averages — Danvers hasn't published exact rates. Get a personalized quote for accurate numbers.
Arthur Silver, CPA operates from 89 Newbury St, Danvers, MA 01923 in Danvers, 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 accounting firm. Public Google reviews show a 5-star rating across 20 ratings.
For taxpayers in Danvers, 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.
Silver Financial Administration is a tax professional firm situated in Danvers, Massachusetts. The firm's primary focus is on delivering essential financial support, with a core specialization in bookkeeping services. This specialization enables Silver Financial Administration to assist individuals and businesses in the Danvers area and surrounding communities in maintaining accurate and organized financial records. As a tax professional, the firm understands that meticulous bookkeeping is fundamental for effective tax preparation, compliance, and informed financial decision-making. Clients seeking assistance with their day-to-day financial transactions, ledger maintenance, and overall record-keeping can rely on the firm's expertise. The firm is dedicated to supporting clients in managing their financial data efficiently and ensuring their financial foundations are solid.
Silver Financial Administration specializes exclusively in providing comprehensive bookkeeping services, offering foundational support for accurate and organized financial management. Bookkeeping involves the systematic recording of all financial transactions, including sales, purchases, receipts, and payments, ensuring that every financial activity is meticulously documented. This service creates a clear and organized record of a client's financial position throughout the year. For businesses, effective bookkeeping is crucial for tracking income and expenses, managing cash flow efficiently, and preparing all necessary documentation for tax season. It helps in monitoring financial performance, identifying key financial trends, and supporting informed business decisions. For individuals, robust bookkeeping can assist in organizing personal finances, tracking expenditures, and compiling the necessary documentation for personal tax filings. The firm's bookkeeping services are designed to simplify the often complex and time-consuming task of financial record-keeping, allowing clients to focus on their primary activities. By maintaining up-to-date and accurate financial ledgers, Silver Financial Administration helps clients ensure compliance with financial regulations and provides a solid basis for any future financial analysis or tax professional consultations. This foundational service brings clarity and order to financial data, streamlining the process of financial oversight and contributing to overall financial health.
To begin bookkeeping services, clients typically provide bank statements, credit card statements, receipts for expenses, invoices for income, and any relevant financial documents. Organizing these items beforehand can help streamline the process.
The frequency of bookkeeping services can vary based on client needs, ranging from weekly or monthly to quarterly. We can discuss your specific transaction volume and reporting requirements to determine the most suitable schedule.
Yes, accurate and organized bookkeeping is a direct preparation for tax season. Our services ensure your financial records are in order, providing a clear foundation for your tax professional to complete your filings efficiently.
We welcome inquiries from prospective new clients seeking bookkeeping assistance. Please contact us to discuss your specific needs and how we can support your financial record-keeping.
Turnaround times depend on the volume and complexity of transactions, as well as the agreed-upon service frequency. We aim to process information efficiently and provide timely financial updates.