Tax Season Update! Colorado will not be accepting business or individual tax returns until February 15, 2024.

Bookkeeping Fort Collins

Are you struggling to keep up with your accounting responsibilities in your home or business? Do you stay up late at night or work through the weekend to get your finances in order? If so, your search for “Bookkeeping Fort Collins” has brought you to the best company to give you relief. At Rodahl & Company, our mission is to help our clients reach their financial goals through our comprehensive bookkeeping services and strong client-advisor relationships. We’re here to provide services such as business consulting, accounting, payroll services, and tax preparation. The first step to finding financial freedom is to set up an appointment with our team, so don’t hesitate to get in touch. Call today to get started: 970-207-0747.

Owning a small business is not for the weak

As a small business owner, the tendency to do it all by yourself is a natural instinct—and, in many cases, a recipe for short- and long-term survival. Let’s face it. Owning a small business is rough. Statistics show that 82 percent survive the first year, but only 50% survive five years in business. When you are confronted with those kinds of odds while also building your business and clientele, it’s hard to justify spending money on outsourcing. Really. How hard is it to keep track of what you spend and what you take in?

But if you were confronted with the many ways having a bookkeeper could actually save you money, would you think twice about going solo on all of your business owner chores? Think about it. Having a trained bookkeeper can help you reconcile all your financial transactions daily, giving you the time to concentrate on what’s most important – the product or service you provide. A bookkeeper will not make the rookie mistakes you tend to make. If you were meant to crunch numbers for a living, wouldn’t that be the focus of your business?

Likewise, if you have employees, you have a whole slew of new issues to deal with on the financial end. You have to worry about payroll taxes, providing benefits, health insurance, and retirement. Tax laws change every year. Do you really have time to keep up with all of that? If so, get your caffeine ready.

Can owning a small business lead to harmful stress?

All of that stress could lead to heart issues, according to a study published in the National Library of Medicine. The study looked at U.S. small business owners from 1999-2016 and found that those who were self-employed had a higher prevalence of hypertension, stroke, heart failure, and coronary artery disease. Much of the concern was due to the high rates of stress the typical small business owner endures. While this is an older study, there is a reality with which to deal. This story in Business Insider details how a small business owner turned her business around after being hospitalized for heart failure in 2021. After this woman’s hospitalization, she wrote, she learned to delegate — one of those delegations was outsourcing her bookkeeping.

Roughly 70 percent of the businesses in the United States are run by small business owners, and roughly 46% of the workforce is made up of their employees. So it would behoove any small business owner to keep operating. That means staying healthy and keeping stress as low as possible. But how do you do that in an environment where every dollar counts and can hurt?

Bookkeeping Fort Collins business owners can trust to stay in the game

As with the story above, taking a load off your shoulders is a good way to start. A trained bookkeeper will handle your daily transactions, payroll, and taxes with ease, giving you more time to do what you love – and to live your passion. In fact, in a major study of business owners in 16 countries, job satisfaction was higher than for salaried employees, according to this article by Screenmobile.com. The chief reason for that satisfaction, the article stated, was being able to find meaning in their work. Gallup.com reports that 56% of small business owners in the U.S. in 2014 were extremely happy or very satisfied with their work – mostly (42%) because of being their own boss and being independent. That was followed by 17 percent attributing satisfaction to a sense of accomplishment.

Hiring a bookkeeper will not only help keep you on track financially, it will also allow you to pursue the passion that led you to small business ownership in the first place. Outsource the tedious number-crunching, the taxes, and the regulations, and do what you do. Search “Bookkeeping Fort Collins” to find the financial experts at Rodahl & Company.

Let’s Talk Taxes

Tax Day can be the most stressful day of the year. Filing your taxes is an important annual task that many dread, whether for financial reasons or because the process doesn’t make sense. Rodahl & Company has been a trusted accounting and tax firm since 2000, with many of our clients working with us for over a decade, so we understand the ins and outs of tax law. Whether you are an individual or a small business, we can build a comprehensive plan to support your tax-related goals. An important aspect of this plan is working with you year-round so that when April comes around, there are no surprises. We are constantly updating our knowledge of IRS statutes so that you’ll never have to worry about your taxes complying with the law. We can also help you if you need advice or assistance with an audit. We’re advisors you can depend on when you’re dealing with an audit or other interaction with the IRS. Let us help handle the stress of keeping your taxes in compliance with the law while still maximizing your ability to save money.

Reliable Bookkeeping Fort Collins

Here at Rodahl & Company, we’re dedicated to making sure our clients have everything they need at their disposal. We believe that our long-term customers continue to use our company because we focus on benefiting them and providing them with exceptional service. Our team gets to know each client, whether an individual or a business owner, as well as spending time learning about the details of their financial situation. We work one-on-one with customers to ensure they receive the personalized attention they deserve. Our goal is to help you work through the complex world of bookkeeping. We want to help you save time and money on the details of keeping your life or business running so that you have the opportunity to focus on what matters to you. If your search for Bookkeeping Fort Collins brought you to our site, we hope you’ll get in touch with us today and let us help you.

Our Rodahl & Company Certified Public Accountants Fort Collins office is conveniently located on Timberline just north of Horsetooth Road. We have spent the last 22 years providing bookkeeping, accounting and tax preparation to clients throughout Northern Colorado. Call us to schedule your appointment: 970-207-0747.