CORNERSTONE BUSINESS SERVICES, INC.
For All Your Small Business Accounting Needs!
We bring over 45 years of experience to the business owner who is faced with the need to increase profitability, decrease taxes, avoid tax notices or surprises, or who simply wants more time gained from outsourcing.
Partnerships and LLCs
Property Tax Reporting
Monthly Financial Statements
Quarterly Financial Statments
Live Check Processing
Same-Day Processing Available
Payroll Tax Preparation
Payroll Tax Payments
Payroll Tax Filing
Personal Tax Return
Review Prior Year Returns
Prior Year Tax Filing
Serving individuals and small to medium-sized businesses in Torrance, CA and the surrounding area.
As a family-owned and operated business, we bring over 45 years of experience to the business owner who wants to increase profitability, minimize challenges, or who simply wants more time gained from outsourcing.
To manage your business profitably you need the right financial data, advice, and services. We can provide you with the accounting, bookkeeping, payroll, tax preparation, business consultation, and other business services you need to reach your goals. Count on us to listen attentively and respond promptly with services specifically suited to your company.
Your success is our priority. If you need help with these or similar issues and would like to discuss them in a complimentary consultation, we would like to meet you.
Business & Personal Services
Taking your business to the next level
From tax services to accounts payable and everything in between, we will provide you with the services you need to reach your goals.
We are a full-service tax office that provides comprehensive tax planning and preparation of tax returns and services, including:
- Individual Taxes
- Corporate Taxes
- Partnership and LLC Taxes
- Prior Year Tax Return Review
- Non-Filed Tax Returns
Tax returns are always provided for your review prior to the filing date. Our experienced CTEC certified tax preparer continues to stay educated on all the new tax laws to ensure we minimize your liability and maximize your savings, deductions, and credits.
If you have a tax question or concern anytime during the year, call us. We are here to assist you. It is part of our service to provide you tax peace of mind. In fact, we suggest meeting in June or July for a mid-year tax review and planning session. This is one of the best ways you can prepare for the next tax season.
Business counseling is the backbone of all the services we offer. A personal discussion of your financial statements or other business matters is available when you need it and is as close as your phone.
We will assist in the interpretation of your financial records and reports to help improve your profitability. We will help you analyze your expenses to control unnecessary outflow, reconcile your bank statements to avoid costly money leaks, and suggest new procedures or programs to uncover additional opportunities. Our service will help you manage your business more efficiently and productively.
We offer meaningful and well-organized financial reports to provide a quick and accurate picture of your business activity, including:
Income Statement - Also called a Profit and Loss Statement. This presents a breakdown of sales, cost of sales, and expenses.
Balance Sheet - Summarizes your total assets, liabilities, and net worth at a given point in time so you can make decisions about capital expenditures or how to improve profits.
General Ledger Report - A record of the dates, check numbers, payees, and amounts of all expenses within each of your business accounts.
Bank Reconciliation - Careful comparison and proof of your bank account statement with your checkbook balance each month to ensure you are working with the correct total.
We provide accurate and timely tax reporting for wide-ranging needs. Business owners are often overwhelmed by federal, state, and local taxes including:
- Sales Tax Calculation and Payment
- Property Tax Reports
- Workers Compensation Reports
- Garnishment Reports
- Unemployment Claim Reports
We prepare everything necessary to protect your interests, save you time, and save you money.
Our confidential, cost-effective Complete Payroll Service eliminates the tedious chore of payroll processing in your office. It is a natural extension of the monthly financial reporting and tax services we provide. Allow us to help you make more profitable use of your business day by assisting with this crucial but time-consuming task.
Our fast, efficient, and trouble-free Complete Payroll Service includes:
- Professional, computer-generated checks for your employees
- Direct deposit or "live" checks
- Garnishment checks
- Concise payroll reports
- Same-day processing available
- Federal and state tax deposits
- Unemployment taxes
- Quarterly federal and state tax reporting
- Annual federal unemployment reports
- Comprehensive W2 preparation
With our Complete Payroll Service, payroll is no longer a tedious process. It is a smooth function of your business!
All our services are specifically tailored to your needs and goals. We will always suggest the services we feel are in your best interest.
We are on your team and we are here to help you thrive. Our staff will do everything we can to ease your worry and provide you peace of mind.
If there is something you need that is not listed here, just give us a call and ask! We are happy to help.
We're Good With Numbers
Years of Experience
WHAT PEOPLE SAY
“The entire staff is so friendly. Every time I contact them I feel like I am talking to old friends.”
— Hannah F.