New Mexico Tax and Accounting Services

Core Tax and Accounting Services

In New Mexico, most small business and non-profit organizations worry about their financial controls and annual audits. The amount of time, energy and resources dedicated to this process is staggering. Integrity is dedicated to providing quality tax and accounting services to ease this burden.

We at Integrity Accounting know what you are facing and want to help streamline the financial burden and optimize the time you spend for your business or organization. To help navigate these dangerous waters, we offer the following core services in addition to traditional accounting services like tax preparation and consulting:

Tax and Accounting Services

New Mexico Tax and Accounting Services

Core Tax and Accounting Services

In New Mexico, most small business and non-profit organizations worry about their financial controls and annual audits. The amount of time, energy and resources dedicated to this process is staggering. Integrity is dedicated to providing quality tax and accounting services to ease this burden.

We at Integrity Accounting know what you are facing and want to help streamline the financial burden and optimize the time you spend for your business or organization. To help navigate these dangerous waters, we offer the following core services in addition to traditional accounting services like tax preparation and consulting:

Business Process Outsourcing

Business Process Outsourcing

As an Albuquerque accounting firm, we are seeing more and clients finding that they need to outsource any number of financial, accounting and bookkeeping processes. Because of our experience and expertise, we can provide these services to your organization efficiently and effectively, more so than trying to have someone internally perform these duties.

There are times when maybe all you need is another set of eyes to look over your books to see if there are any issues or areas of concern. Maybe you need a little extra help in making sure everything is recorded properly. Maybe you need a full-service bookkeeper to do all the day-to-day transaction entries.

For those times, we offer traditional accounting and bookkeeping services. We can do as little or as much as the situation calls for. Our experienced staff will develop an in-depth understanding of your organization and what your unique set of needs are.

Together, we can create a custom set of services to meet those needs.

CONTACT US TODAY TO GET STARTED

The Benefits of BPO – Business Process Outsourcing with our Albuquerque Accounting Firm:

  • Cost Reduction: If you’re in need of BPO services, it’s likely you are looking to build the integrity of your business – if this is true, we can offer your organization a financial strategy to cut costs without sacrificing quality.
  • Focusing on your Business: You want to expand your products and services but don’t have the time or resources to do it – sound about right? Our BPO services can give you the opportunity to focus on building your business and core offerings while we cover the rest.
  • Improved Productivity: Integrity has worked on our craft for years – so it’s safe to say that we’ve mastered our process and our programs. We work with some of the best local talent available and utilize the most efficient, modern technology and resources out there. Feel confident knowing that we are performing optimally and getting maximum productivity for your investment.

 

LET’S DISCUSS YOUR BUSINESS OUTSOURCING NEEDS

Financial Business Audit Services

Financial Business Audit Services

When it’s time to have an audit, you want a firm that has the experience and knowhow to meet your organization’s needs. Our audit staff has performed the equivalent of 80+ years of audits on New Mexico entities. Our clients have ranged from small commercial entities to large government and non-profit organizations. No matter the type or size of client, we strive to provide all of our clients with the highest level of service to make the audit process as smooth and efficient as possible to minimize our impact on your operations.

Effective and Efficient Audits for New Mexico Businesses

We pride ourselves in performing effective and efficient audits that allow our clients to not only get a clear understanding of their past financial performance, but to also provide them with the tools to take that knowledge and understanding and apply it to their current and future operations to maximize their potential.

Help alleviate the stress of financial auditing

We understand how stressful and cumbersome preparing for a financial audit can be. Even if you’ve been through an audit several times, there always seems to be those lingering questions about whether you’re ready for the audit or not.

We can help answer those questions. Our professionals know audits from the perspective of experienced auditors. We understand how auditors think and the steps an agency should take to prepare for an audit. We can analyze your documentation and process to identify those areas that might be of concern during an audit.

In addition, we can work with you to address any existing issues or findings you might have from previous audits. We’ve all seen them: those findings that never seem to go away. Let us help you mitigate those problem areas to move your organization forward. Because an auditor has to maintain certain independence standards, sometimes they are limited in how much they can help. As a third-party not associated with the audit, we can step in where they can’t and work with you to eliminate problem areas and to provide a smoother audit process for future years.

CALL TODAY! 505-205-1900

Create a smoother auditing process for years to come

Small Business Bookkeeping

Small Business Bookkeeping

Integrity specializes in online bookkeeping services for small and medium sized businesses. We are passionate about going above and beyond to serve our clients way beyond basic number crunching.

Our bookkeeping services free you from financial and accounting headaches – and gives you intimate support to help you master your finances.

You’ll work closely with a member of our team who is there to support you and your business thoroughly.

Our team is centrally located in Albuquerque, New Mexico. We do not re-outsource any work to any other firms – so you can feel confident that your team is 100% local, American, and reliable.

Some of our bookkeeping services include:

  1. Business bank reconciliations
  2. Credit card management
  3. Accounts receivable
  4. Accounts payable
  5. Sales tax
  6. Payroll

 

CONNECT WITH US TO DISCUSS YOUR BOOKKEEPING NEEDS

Financial Internal Control Services

Financial Internal Control Services

Are your internal controls adequate? What internal risks are your business exposed to? If something went wrong, someone recorded an entry incorrectly or perhaps they decided to take a little extra from the cash register, would it be caught? These are difficult questions that are sometimes uncomfortable for business owners or non-profit directors to answer.

We can help. At Accounting New Mexico, we bring over 35 years of experience with internal controls to the table to help you answer those questions and many more. While we might not be able to completely eliminate all of the risks that face commercial and non-profit entities in today’s world, we can certainly do our part to limit your exposure to those risks.

Evaluate and Control Business Risks

We can perform a full risk assessment and evaluation of your current control structures to identify those areas of increased risk. This analysis can be focused on a specific area of the entity or we can perform an entity-wide assessment. Then we’ll work with you to develop functional and reasonable controls to help reduce those risks.

Education and Training

We also assist in educating management and employees about proper internal controls and the things to look for that might indicate a problem. While we are always a phone call away, we understand that we can’t always be there, and that for internal controls to continue to work over the long-term, education and knowledge is key.

 

Let us help you assess your internal controls.

Tax Preparation Services

Tax Preparation Services

As the saying goes, there are two certainties in life: death and taxes.

While modern science is still figuring out a way around the death side of that saying, we can at least help you with the tax side.

We offer a wide array of tax preparation and planning services at attractive rates to individuals, businesses, and non-profit entities. From basic individual Form 1040 returns to complicated partnership and corporate returns and tax planning strategies, we’ve got you covered.

It’s a fact that tax laws are constantly changing from one year to the next, and new laws become effective while old laws phase out. Why struggle with staying informed of all of those changes when we can do it for you?

The Albuquerque CPA team at Integrity is ready to build the best possible tax strategy for you and your company. Contact us today.

WHAT YOU GET WHEN WORKING WITH INTEGRITY:

  • Tax consultation before you hire us to see if we’re a good fit.
  • IRS Audit Support on any tax return we complete for you.
  • Bookkeeping Consultation
  • Current year tax planning session
  • Review of last year’s tax return.
  • Any customized solution you may need to fit your business

Need help with Tax Returns and Strategy?

Our in-house Albuquerque CPAs will help you craft the ultimate tax strategy and file your tax returns each year. Our process looks something like this:

  • Income tax preparation
  • Tax planning
  • Entity creation and organization
  • IRS representation
  • Audit support

Individual

FormDescriptionBase ChargeNoteAdditional ChargeNote
Form1040Individual Tax Return$125.00for form
Form1040EZIndividual Tax Return$60.00for form
Form1040ESEstimated Tax Payments$5.00for form
Form1040XAmended Tax Return$100.00minimum
ScheduleAItemized Deductions$30.00for form
ScheduleBInterest and Ordinary Dividends$10.00up to 5 entries$2.00per additional entry
ScheduleCProfit and Loss from Business$125.00for form$75.00/hrBookkeeping and Accounting Services necessary to complete form
ScheduleDCapital Gains and Losses$50.00up to 10 entries$3.00per additional entry
ScheduleEICEarned Income Credit$80.00for form
ScheduleEPage 1, Income or Loss from Rental, Royalty, etc.$50.00per property
ScheduleEPage 2, Income from Partnership, S-Corp, etc.$50.00per entity
ScheduleFProfit and Loss from Farming$125.00for form$75.00/hrBookkeeping and Accounting Services necessary to complete form
ScheduleHHousehold Employment Taxes$15.00for form
ScheduleJFarm Income Averaging$15.00for form
ScheduleRCredit for the Elderly or Disabled$0.00for form
ScheduleSESelf Employment Tax$10.00for form
Form1116Foreign Tax Credit$10.00for form
Form2106Employee Business Expense$40.00up to 5 entries$3.00per additional entry
Form2441Child and Dependent Care Expenses$25.00for form
Form3903Moving Expenses$25.00for form
Form4562Depreciation and Amortization$50.00up to 5 entries$7.00per additional entry
Form4797Sale of Business Property$25.00per item
Form5695Residential Energy Credits$25.00for form
Form6251Alternative Minimum Tax$20.00for form
Form8283Noncash Charitable Contributions$10.00up to 3 entries$3.00per additional entry
Form8606Nondeductible IRAs$25.00for form
Form8812Additional Child Tax Credit$25.00for form
Form8824Like-Kind Exchanges$25.00per item
Form8829Expense for Business Use of Home$50.00for form
Form8863Education Credits$25.00for form
Form8880Qualified Retirement Savings Contribution Credit$25.00for form
Form8889Health Savings Account$25.00for form
Form8917Tuition and Fees Deduction$20.00for form
Federal E-File$7.95per return
State E-File$3.95per return
Other FeesDescriptionBase ChargeNoteAdditional ChargeNote
Children’s Tax ReturnsForm 1040A or EZ Only, otherwise standard rates apply$30.00per return
State ReturnPreparation of domiciled home state return.$25.00per return$75.00/hrBookkeeping and Accounting Services necessary to complete return
ConsultationConsultation related to Tax, Financial Planning, Business Planning, etc.$75.00/hr50% of billed amount will be credited toward tax preparation fees up to $300$75.00/hrBilled separately for extra work requested in connection with consultation, ie. Tax research, legal research, etc.
Mobile Tax ServiceI come to you for tax appointment, collect documents and return with completed work.$50.00In addition to other fees incurred. Up to 20 miles included.$0.50per mile after 20 miles.

Business

FormDescriptionBase ChargeNoteAdditional ChargeNote
Form1065Partnerships$250.00minimum$75.00/hrBookkeeping and Accounting Services necessary to complete form
Form1120SS Corporations$250.00minimum$75.00/hrBookkeeping and Accounting Services necessary to complete form
Form1120C Corporations$250.00minimum$75.00/hrBookkeeping and Accounting Services necessary to complete form
ScheduleDCapital Gains and Losses$0.00up to 10 entries$5.00per additional entry
ScheduleK-1Partner/Shareholders Share of Income, Deductions, Credits, etc.$0.00up to 5$20.00per additional K-1
ScheduleM1, M2, M3Reconciliation Statements$0.00Preparation included in base charge$75.00/hrBookkeeping and Accounting Services necessary to complete form
Schedule4562Depreciation and Amortization$20.00per new entry
Schedule4797Sale of Business Property$25.00per asset
Schedule8825Rental Real Estate Income and Expenses$0.00up to 2 properties$75.00each additional property
Federal E-File$7.95per return
State E-File$3.95per return
Other FeesDescriptionBase ChargeNoteAdditional ChargeNote
State ReturnCertain states have their own versions of a 1065, 1120S or 1120.$50.00per return$75.00/hrBookkeeping and Accounting Services necessary to complete return
ConsultationConsultation related to Tax, Financial Planning, Business Planning, etc.$75.00/hr50% of billed amount will be credited toward tax preparation fees up to $300$75.00/hrBilled separately for extra work requested in connection with consultation, ie. Tax research, legal research, etc.
Mobile Tax ServiceI come to you for tax appointment, collect documents and return with completed work.$50.00In addition to other fees incurred. Up to 50 miles included.$0.50per mile after 50 miles.

 

Contact us today to see how we can help you

Virtual CFO

Albuquerque virtual CFO

Our Virtual CFO suite of services provides our clients a solution for those times when they might need a little extra financial muscle. Whether they’re in a bind due to key employee loss or maybe they don’t have the financial resources to hire a full-time Financial Manager, we can help businesses and non-profit organizations put the focus back where it belongs and take on those tasks that often distract them from reaching their full potential.

We offer a suite of financial services to help our clients focus on what really matters most to them. We work with our clients to develop a customized course of action to alleviate the administrative burden of running a business.

Our Virtual CFO services include:

  • Financial support and analysis
  • Internal control and process analysis
  • Break-even analysis
  • Labor cost management
  • Variable vs. Fixed expense reporting
  • Debt planning and reduction
  • Strategic planning
  • Cash flow management services
  • A/P, A/R and Payroll management
  • Financial statement preparation

CALL TODAY! 505-205-1900

Contact us to see how we can help you 

Industries

Industries

Non-Profit Entities

Programs are the lifeblood of most non-profit organizations. They exist to serve a specific purpose and anything that distracts or diverts the focus away from that purpose, impacts the organization’s ability to reach its program goals. Accounting and finance unfortunately can be a major cause of distractions for non-profit organizations. In addition to the usual day-to-day operating issues, there are annual audit requirements, reporting requirements, grantor compliance issues, etc. The list can be exhaustive and overwhelming.

Integrity Accounting & Consulting has extensive experience with New Mexico non-profits. We have worked with large and small nonprofits throughout the state by providing audit and accounting services for the past 7 years. Whether large community healthcare centers, advocacy and public assistance organizations, or membership organizations, we have a vast wealth of experience that continues to grow with each client served.

We offer audit and attest services, audit preparation assistance, and a full range of accounting services to help put the focus back where it belongs. We understand the critical role non-profit organizations fill and we seek to provide our clients with the tools necessary to fill that role the highest level possible.

Governmental Entities

Our staff has been providing audit and accounting services to New Mexico state and local governments for the past 7 years. In addition, we have 30+ years of experience at the federal level in both providing accounting services and internal control oversight.

Financial accountability is critical for all of our governmental entities, whether federal, state, or local. Not only is there a basic need for sound accounting practices, there are often additional requirements placed on governmental entities through various laws and statutes. Whether this is a requirement for annual audits, the need to address findings and issues with prior audits, or funding compliance requirements, our governments have a statutory responsibility to comply with these additional demands.

We provide accounting and audit services specifically tailored to governmental entities to assist them with meeting their statutory and fiduciary obligations/requirements.

Small Businesses

Starting a business is no small task. Keeping it going and making it profitable is an altogether more difficult task. Decisions need to be made. Risks weighed against potential outcomes. Strategy and plans must be developed. In the middle of all of it is the need for solid accounting and financial recordkeeping.

Integrity Accounting and Consulting can help. We know small business. After all, we are one. We can provide peace of mind to small business owners that their accounting needs are taken care of. Whether it’s providing basic accounting services, BPO services, or Virtual CFO/consulting services we’ve got you covered.

Integrity Accounting
Accounting
Apartment light cleaning
Tax Preparation Services
Virtual CFO Services
Financial Internal Controls
Financial Audit Services
Non-Profit Entities Accounting Services
Governmental Entities Accounting Services
Small Businesses Accounting Services