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The Morrison Firm Tyler TX | The Morrison Firm, a professional accounting firm in Tyler

Apr 1

The Morrison Firm, a professional accounting firm in Tyler

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The Morrison Firm is a full-service accounting company that offers bookkeeping and payroll services in addition to its primary focus of small business accounting. They offer services such as tax preparation, business planning, and financial analysis for startups or businesses looking to grow. Started with an accountant with years of experience who wanted to help other accountants like himself start a practice from the ground up without having the burden of becoming an expert on everything at once.

 

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What is an accounting firm and what do they do?

An accounting firm is a business that provides accounting services to individuals and businesses. They offer a wide range of services, including bookkeeping, auditing, and tax preparation. Accounting firms use specialized accounting software to manage their clients' accounts and protect their confidential information. They also have a confidentiality agreement in place to protect their clients' privacy.

What services does the Morrison Firm offer?

The Morrison Firm offers small business accounting services, bookkeeping services, and payroll services. They also offer tax preparation, business planning, and financial analysis for startups or businesses looking to grow. The Morrison Firm is a full-service accounting firm that can help your business with all of its financial needs.

CFO & Accounting Services

Small businesses are the backbone of the American economy, and the Morrison Firm is committed to helping them succeed. Accounting and CFO services are essential for small businesses to stay on top of their finances and make sure they're making the most of their resources. The Morrison Firm can help your business grow and thrive with its comprehensive suite of accounting services.

Tax Planning & Preparation

One of the most important services that the Morrison Firm offers is tax planning and preparation. Tax laws are constantly changing, and it's essential to have a team of professionals who can help you stay ahead of the curve. The Morrison Firm can help you reduce your tax liability and make sure you're taking advantage of all the tax deductions available to you.

Business Valuations

If you're thinking of selling your business or getting a loan, you'll need to provide a business valuation. The Morrison Firm can help you with this process and make sure your valuation is accurate and up-to-date. Having a solid business valuation can make the difference between getting the loan you need and getting turned down.

Litigation Support

The Morrison Firm also offers litigation support for businesses that are involved in legal disputes. They can help you with all aspects of the litigation process, from gathering evidence to negotiating a settlement. If your business is facing a lawsuit, the Morrison Firm can help you protect your interests and get the best possible outcome.

Transactional Accounting

In addition to the services mentioned above, the Morrison Firm also offers transactional accounting services. This includes everything from mergers and acquisitions to IPO planning. If your business is looking to grow, the Morrison Firm can help you with all of your transactional accounting needs.

What to expect when working with an accounting firm?

When you work with an accounting firm like the Morrison Firm, you can expect comprehensive and personalized service. The firm will get to know your business and your specific needs in order to provide the best possible service. You can expect clear and concise financial statements, as well as expert advice on how to improve your bottom line. Working with an accounting firm can help you take your business to the next level.


How to choose the right accounting firm for your business?

  1. Consider your business size and needs: Not all accounting firms are created equal- some cater to larger businesses while others specialize in working with small businesses. Choose a firm that has experience with the size of business you operate.
  2. Consider the firm's areas of specialty: Not all firms are experts in every area of accounting- some may be better at auditing while others excel in bookkeeping. Choose a firm whose strengths match your needs.
  3. Check out the firm's client list: A reputable accounting firm will have a long list of satisfied clients. Take a look at the firm's website or ask for client referrals to get an idea of the type of work they do.
  4. Get quotes from several firms: Don't just choose the first accounting firm you come across- get quotes from several firms and compare their services and rates.
  5. Meet with the firm's principals: When you're considering an accounting firm, it's important to meet with the principals of the firm. They should be able to answer your questions and explain their services in detail.
  6. Check out the firm's website and client portal: A good accounting firm will have a well-designed website with plenty of information about its services. They should also have a client portal where you can access your account and view financial statements.
  7. Ask about the firm's accounting software: Most accounting firms use specialized accounting software to manage their clients' accounts. Ask about the software they use and make sure it's compatible with your own accounting system.
  8. Inquire about the firm's billing procedures: Make sure you understand the firm's billing procedures before you sign on the dotted line. Some firms charge by the hour while others charge a flat rate for their services.
  9. Get a list of references: Any reputable accounting firm should be able to provide you with a list of references upon request. Contact some of the firm's past clients to get their feedback on the firm's services.
  10. Ask about the firm's confidentiality agreement: All accounting firms should have a confidentiality agreement in place to protect their confidential information. Make sure you understand the terms of the agreement before signing up.

When you partner with The Morrison Firm, you can expect comprehensive and personalized service. We will get to know your business and your specific needs in order to provide the best possible service. You can expect clear and concise financial statements, as well as expert advice on how to improve your bottom line. Working with our firm can help you take your business to the next level.

How to work with an accounting firm once you've hired them?

When you've made the decision to hire an accounting firm, it's important to know how to work with them. Here are a few tips:

  1. Be organized. Provide the accounting firm with all the information they need in a timely manner. This will help them do their job effectively and efficiently.
  2. Follow their advice. The Morrison Firm has a wealth of experience and knowledge. They will be able to provide you with the best possible advice.
  3. Communicate regularly. Stay in touch with the accounting firm so that you are aware of any changes or updates. This will help ensure that your finances are in good hands.

Hiring an accounting firm is a big decision. But if you follow these tips, you'll be on your way to a successful partnership. Contact The Morrison Firm today to get started. We're here to help you every step of the way.

Questions to ask when choosing an accounting firm?

When you're looking for an accounting firm, there are a few key questions you should ask. This will help you find the right fit for your business:

  1. What services do you offer? The Morrison Firm offers a full range of accounting and financial services. We can help with everything from tax preparation to financial planning.
  2. What is your experience? The Morrison Firm has been providing quality accounting services for years. We have the experience and expertise you need to get the most out of your relationship with an accounting firm.
  3. How do you bill? The Morrison Firm bills by the hour, so you know exactly what you're paying for. We never charge any hidden fees or markups.

Choosing an accounting firm is an important decision. But if you ask the right questions, you'll be on your way to finding the perfect partner for your business. Contact The Morrison Firm today to get started. We're here to help you every step of the way.

What are some red flags to watch out for when choosing an accounting firm?

When you're looking for an accounting firm, there are a few red flags to watch out for. This will help you avoid any problems down the road:

  1. Not understanding your business. Make sure the accounting firm understands your business and your industry. Otherwise, they may not be able to provide you with the best possible service.
  2. Not being up-front about fees. Watch out for accounting firms that try to charge hidden fees or markups. Make sure you know exactly what you're paying for.
  3. Lack of experience. Be sure to choose an accounting firm with a lot of experience in your industry. This will ensure that they can provide you with the best possible service.

Choosing an accounting firm is an important decision. But if you watch out for these red flags, you'll be on your way to finding the perfect partner for your business. Contact The Morrison Firm today to get started. We're here to help you every step of the way.


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