Our Professional CPA Services for Small Businesses
At Balanced Equation, we provide expert CPA services to help small and medium-sized businesses and their owners thrive! Based in Loveland, Colorado, we specialize in tax preparation for both individuals and businesses, accounting, bookkeeping and strategic business consulting. Explore how our personalized approach can meet your financial needs.
Comprehensive Tax Services
Tax compliance and efficiency are critical for every business. We specialize in crafting strategies that align with your financial goals, handling everything from tax planning to detailed filing preparation. We cater to business owners with unique needs, such as real estate owners and investors and high net worth individuals ensuring every tax decision supports growth and minimizes risk.
Expert Accounting Services
Accurate accounting is the backbone of any successful business. At Balanced Equation, we focus on simplifying your financial management with tailored bookkeeping, payroll, and financial reporting solutions. As a tech-forward firm, we help you implement the right tools to streamline transaction processing, so you can focus on what your numbers are really telling you. Our team helps you uncover insights that drive smarter decisions, ensuring peace of mind as you grow your business.
Strategic Business Consulting Services
Every business needs a clear roadmap to success. Our business consulting services deliver actionable strategies, from cash flow management to long-term business and tax planning. We collaborate with you to navigate challenges, optimize opportunities, and set your business up for sustainable long term growth.
Industries We Serve
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Small and Medium-Sized Businesses:
From startups to established companies, we support your accounting and financial needs.
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Construction and Trades:
Expertise in managing finances for contractors and trade professionals.
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Real Estate Professionals:
Tailored solutions for investors, agents, brokers, and property managers.
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Business Professional Services:
Accounting and consulting for legal, consulting, and other service-based industries.
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High Net Worth Individuals:
Whether you have multiple entities with complex accounting needs, or you are a high wage earner with investments and capital gains, we are here for you to manage your finances and minimize your taxes.
Why Choose Balanced Equation?
- Advanced financial management helping you make data-driven decisions with confidence.
- Tax planning, preparation and bookkeeping all under one roof.
- We are more than just bookkeepers, we also provide cash flow projections, budgets and financial forecasts.
- Peace of mind knowing your financial compliance requirements are handled correctly.
- For business owners, leaving your accounting to us is more cost effective than doing the work in house.
- We can work with you from as you start up your business and help you scale.
Client Testimonials
Ken Farrell2024-12-28Trustindex verifies that the original source of the review is Google. Great experience. Knowledgeable, fast and efficient. Responded quickly. Took care of my Tax needs in one day Jason Mangone2024-09-06Trustindex verifies that the original source of the review is Google. Jackie with Balanced Equation was able to jump in right away during the transition of our outsourced tax support and deliver accurate and timely analysis, along with recommendations and associated filings. Highly recommend. Dianne McQuaid2024-06-20Trustindex verifies that the original source of the review is Google. Jackie was great to work with. She explained things in a concise clear manner. She understood what our circumstances were and what needed to be done. She was also very good at keeping you informed on the status of the return. Was straight forward on fees. Jeff2024-06-14Trustindex verifies that the original source of the review is Google. Jackie does an outstanding job and I highly recommend this business. She is very knowledgeable and will help you through anything you do not understand. She is efficient, quick, and does great work! Kristin2024-05-15Trustindex verifies that the original source of the review is Google. Love working with Jackie! Always so informative and prompt. Sommer Kastl2024-04-15Trustindex verifies that the original source of the review is Google. Jackie is fantastic. She recently took over out accounting needs. We were unhappy with the programs that our old accountant used for bookkeeping and being that Jackie was knowledgeable in both programs she was able to convert us over to a more user-friendly program. She has been very attentive to our needs and is always quick to answer our many questions. I recommend her to everyone I hear has needs for an accountant. Ruth Janjic2024-04-11Trustindex verifies that the original source of the review is Google. Jackie is very knowledgable, communicates well, has good processes, and got our requirements handled in a timely fashion. We are very happy with her work and recommend her to anyone seeking a competent CPA. Kendra Vegter2024-04-05Trustindex verifies that the original source of the review is Google. Jackie is incredible and truly cares about her clients. Thank you for everything! Kathy wise2024-04-04Trustindex verifies that the original source of the review is Google. Balanced Equation has been doing my taxes for several years and I have been satisfied with the work they have done. They are efficient and professional! Corky Cantrell2024-02-27Trustindex verifies that the original source of the review is Google. Jackie Compton was very friendly and took great care in preparing our two company's tax returns. She completed them in a very timely manner and was reasonable in her fees. Will be using her services in the future!
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Tools and Technology We Use
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TaxDome
TaxDome is our one stop shop for communicating with our team. With TaxDome, you can securely send and receive documents as well as chat with our team and sign your tax documents.
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Quickbooks Online, Xero
Many minds are better than one. We collaborate with our clients, our team members and our partners to deliver the best solutions for our clients.
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Keeper
Receipt collection and bookkeeping management platform. Keeper also allows us to collaborate with our clients for bookkeeping in one secure place.
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Rho Bank
Recommended Fintech/Bank for businesses wanting to centralize bank, credit card processing and receipt management as well as bill payment.
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Gusto
Our recommended and preferred payroll platform.
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Other recommended tools
Hubdoc, Bill.com
Common Client FAQs
How can I reduce my tax liability?
The answer to this is always it depends. It depends upon how much money you make, whether or not you have children, your age, whether you own a business or rental property or whether you are willing to spend in tax advantaged ways. The government uses deductions and credits to incentivize spending behaviors. Your ability to take advantage of these depends upon your values and how you are willing to spend your money.
What is Tax Planning and how does it work?
Tax Planning involves gaining an understanding of your financial situation and your personal values. Since many tax strategies are tied to how you spend money, knowing you and what is important to you matters. For example, we wouldn’t recommend a Donor Advised Fund to someone who doesn’t value significant charitable giving.
We work with our clients year round, meeting many on a quarterly basis to review results and determine ways to reduce and manage their tax liability.
Do you do tax planning and preparation for individuals that don’t own a business?
While we prefer to work with small business owners and investors, we will provide tax planning and preparation services for individuals. Generally these individuals have significant investments or other complicated situations that warrant professional assistance.
When should I not use Turbotax?
We generally recommend that small business owners, farmers and rental property owners do not use Turbotax. The reason for this is because most non-accountants don’t know what they don’t know. Tax rules and regulations are constantly changing. CPAs and other tax preparers do 40 hours of continuing education every year to stay on top of tax law to stay on top of changes and to ensure the proper preparation of tax returns. We also are staying on top of all the strategies that can save you money in taxes.
Why is professional tax preparation so expensive?
Preparation fees must cover professional, skilled tax preparers, software costs, continuing education costs as well as other firm operating costs while still producing a profit for the owners. A good CPA should be paying for themselves through their knowledge of the tax law and through implementing legal tax saving strategies.
What accounting software do you recommend for small businesses?
For most small businesses under $10 million, we recommend using Quickbooks online or Xero for basic accounting. Then, depending upon your industry, we would recommend an industry or workflow specific package. Examples of industry specific packages would be CIN7 Core for complex inventory management or Adaptive for construction businesses. However, the selection of accounting software requires analysis and understanding of each business’ unique needs.
Do you have experience working with businesses in my industry?
While many of our clients are service based businesses, construction related businesses, small retailers, breweries and others, industry experience is easily gained. We spend time familiarizing ourselves with industry specific regulations, common financial practices and key performance indicators. We have an extensive network of peers we work with to support our clients. Fundamentally, accounting is accounting. While there are many nuances to different industries like the entertainment and film industry, the basics of accounting are not industry specific.
How can a CPA help me prepare for business growth?
By streamlining your accounting processes and producing timely bookkeeping, accountants can help you interpret where you have been and where you are going. We can analyze your revenue streams and help you control costs and implement KPI trackers to make sure we are measuring what matters. We can help you manage your cash flow and minimize your taxes. Additionally, we can implement the right tools to allow you to manage your business growth and allow you to scale while managing revenue and expense management workflows.
We’d Love to Work with You!
Partner with Balanced Equation for expert CPA services tailored to your unique business needs. Reach out to us today and discover how our experts can simplify your finances and help you achieve financial clarity and business success!