ASP Bookkeeping

As your business grows, payroll becomes more than just paying employees. Between tax filings, reporting requirements, compliance obligations and employee management, payroll can quickly become time-consuming and complex.

ASP Bookkeeping helps Connecticut businesses simplify payroll with reliable systems and expert support.

Our payroll services include:

• Payroll management and reporting
• W-2 and 1099 preparation
• Workers' compensation administration
• Payroll tax compliance
• Payroll integration with QuickBooks and bookkeeping software

Accurate payroll helps protect your business, support your employees and reduce costly mistakes.

Book your free consultation today at aspbookkeepingservice.com.

Need a document notarized?

ASP Bookkeeping offers convenient Notary Public services for Connecticut businesses and professionals.

Whether you need signatures witnessed, documents authenticated or paperwork certified, we provide reliable service to help ensure your documents are properly executed.

It's one more way we support our clients beyond bookkeeping and payroll.

Book your free consultation today at aspbookkeepingservice.com.

Using the same account for personal and business expenses may seem convenient at first, but it can create major bookkeeping headaches later.

When transactions are mixed, it becomes harder to:

• Track business expenses accurately
• Monitor cash flow
• Prepare financial reports
• Claim legitimate tax deductions
• Understand your company's true financial performance

Here’s how to avoid it:

• Open a dedicated business bank account
• Use a separate business credit card for company purchases
• Keep personal transactions completely separate from business activity

Clean books start with clear boundaries.

Book your free consultation today at aspbookkeepingservice.com.

Many small business owners assume they can toss old records after tax season, but record retention is more important than you might think.

According to IRS guidelines, most business tax records should be kept for at least 3 years from the date the return was filed.

However, there are some important exceptions:

• 4 years for employment tax records
• 6 years if income was underreported by more than 25%
• 7 years for bad debt deductions or worthless securities
• Indefinitely if no return was filed or a fraudulent return was submitted

Maintaining organized records helps support tax filings, protects your business and makes financial reviews much easier.

When in doubt, keeping records a little longer is usually safer than disposing of them too early.

Need help organizing your financial records? ASP Bookkeeping can help.

Book your free consultation today at aspbookkeepingservice.com.

QuickBooks is one of the most powerful tools available for small business financial management, when it's set up correctly.

As certified QuickBooks experts, ASP Bookkeeping helps businesses:

• Set up QuickBooks properly
• Customize it for their business
• Connect bank accounts and payroll
• Understand reports and financial data
• Gain confidence using the software

Our goal isn't just to install QuickBooks. It's to make sure you know how to use it effectively to make informed business decisions.

Book your free consultation today at aspbookkeepingservice.com.

Many business owners use the terms interchangeably, but bookkeepers and accountants play different roles in your financial success.

A bookkeeper manages your day-to-day financial transactions, keeping records accurate, organized, and up to date.

An accountant takes that financial information and analyzes it, preparing reports, tax filings, and financial insights for business owners and government agencies such as the IRS.

Think of bookkeeping as the foundation. Without accurate bookkeeping, accountants don't have reliable data to work with.

Together, they help business owners understand their financial position, stay compliant and make informed decisions.

Book your free consultation today at aspbookkeepingservice.com.