Services That Drive Results

Accounting And Bookkeeping Services

Katherine M. Johnson, CPA, is your trusted partner for professional accounting and bookkeeping services. We strive to provide precise, reliable, and transparent financial solutions tailored to your personal or business accounting needs in Georgetown, Kentucky, and surrounding areas.

We are committed to professionalism and expertise and are one of the leading firms in the area for accounting and bookkeeping services.

Who Needs Accounting and Bookkeeping Services?

Accounting and bookkeeping can support every type of business and can even support individuals as well. These professional services are designed to ensure your financial records are accurate, up-to-date, and organized for the best information available. This can help you make informed business decisions and ensure you stay compliant as well.

We look at every business or individual’s needs to determine the best approach and where we can help the most for financial health, planning, and future growth.

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Comprehensive Accounting Solutions

Our comprehensive accounting solutions can be used for a number of needs. This includes small business support, Quickbooks assistance and setup, payroll, and more. In terms of accounting, we can help you with these things and more:

• Financial statement preparation
• Budgeting
• Forecasting
• Audit support
• Financial analysis and reporting

Free Consultation

Financial Statement Preparation

Whether you need financial statements to present to a board of directors or you’re looking for a routine financial summary, we can help. These statements provide an overview of business performance and activities, showing where money and income are received as well as debt, liabilities, and receivables.

The financial statement is a snapshot of that point in time and is used for many purposes. Accuracy is critical, and we use our expertise to ensure accuracy and efficiency.

Budgeting and Forecasting

Setting a budget is critical to business success. Tracking the budget and the bottom line is also vital. Most businesses will set their own budget, but they need to be entered and monitored per the parameters.

We can help to establish a budget, but we can also help with accounting processes that track the budget, where things are, and what may still need to happen. We can help you see the bottom line and keep things on track.

Audit Support

While we certainly hope you never have to deal with an audit, the reality is it happens often. Nearly 1 in 100 businesses are audited by the IRS every year. This does not even begin to consider routine business audits that may be normal for your industry.

With our accounting and bookkeeping services, we can provide audit support to ensure you have proper documentation and reports if auditing occurs.

Expert Bookkeeping Services

Professional bookkeeping simply allows you to provide the details to us, and we’ll keep it entered and organized for tracking and reporting purposes. As professional bookkeepers, we have a deep understanding of basic accounting principles and will use those to assist with compliance as well as accurate financial reporting.

This includes the following:

• Transaction recording
• Accounts payable
• Receivables management
• Expense tracking

It is not always feasible to hire an in-house accounting team, particularly for a small business. That’s where we come in. When you want to ensure accurate financial tracking and entry, we can help make that happen. We will stay on top of recording, accounts payable, accounts receivable, tracking expenses, and more.

From that data, we can provide you with necessary reports or even reminders when it is time to handle a certain expense. Contact us today for tailored bookkeeping services that meet your business needs.

Quickbooks Services

Many businesses choose to track their income and expenses through Quickbooks. This is one of the most common software choices for small businesses. It provides the means to enter data, track data, and create reports for your business finances.

We can help with Quickbooks initiation, providing training and support to those who use Quickbooks. We can also train you on proper use and ensure the software is set up properly with accounts, sub-accounts, and other details that you may need for your business.

You can also provide us with accountant access so that we can pull reports and assist with certain parts of use.

About Katherine M Johnson, CPA Accounting and Bookkeeping

Here at Katherine M Johnson, CPA, we have served the Georgetown area for a number of years, bringing extensive expertise for accounting and bookkeeping as well as offering many other services to our clients. We are your hometown financial experts. We understand how critical accurate financial management is for every business, and we’re simply here to support your needs for financial success.

Our team of experienced accountants and bookkeepers is committed to providing every client with exceptional service throughout their entire experience with us. We will ensure your financial data is maintained accurately and efficiently and tailored to meet your needs. We use cutting-edge technology and systems to provide you with personalized strategies and support.

Why Choose Katherine M Johnson, CPA?

There are many reasons to choose our services for your accounting and bookkeeping needs. Our team consists of experienced professionals, and we pride ourselves on providing quality service to every client. These are some other areas where we strive to stand out:

• Expertise and experience in the accounting industry
• We provide customized solutions for every client
• Use of advanced technology and software available
• Transparent pricing and affordable services
• Wide array of services available

We are here to support you, and we hope you will give us the opportunity to do just that!

Get Started Today

Let Katherine M Johnson, CPA, be your partner for financial success. Our accounting and bookkeeping team provides expert services, and we are here to help maximize your business potential.

Contact us today to get started with a free consultation.

Book Appointment

Tax Planning And Preparation

Let Katherine M Johnson, CPA, be your trusted partner in tax planning and preparation. We specialize in comprehensive tax planning and preparation services that are tailored to meet each client’s unique needs. Our firm will ensure you navigate the complexities of tax regulations with confidence, helping you optimize financial strategies for maximum benefit.

Discover how our expert team can assist you in tax planning and preparation today!

What to Expect from Tax Planning and Preparation

When you come to us for tax planning and prep, you can expect expert guidance and advice for your financial strategies. We can work with you on preparation, planning, and tax filing with the IRS. At Katherine M Johnson, CPA, you can count on personalized care no matter what your needs may be.

Our tax planning and preparation process includes:

• Consultation
• Strategic Planning
• Implementation
• Ongoing Support

Consultation

We like to start with a consultation to make sure everyone is on the same page. This allows us to learn more about your needs, your goals, and your financial situation. It’s a good way for us to get to know each other and share the information that we need to know.

If you have any IRS problems, this is a great time to share those as well. We can help you work through most IRS problems strategically. The consultation will be a thorough approach to help us best understand your tax-related needs.

With a consultation, we can ensure that we are your best match. We can also better understand your tax situation and financial needs so we can plan and prepare going forward. There will always be ways to improve and areas of opportunity, and we use the consultation to identify these as well.

Strategic Planning

After we meet and get to know each other, we will start planning. Our firm works hard to develop a customized tax plan that will align with your financial goals and needs. Through strategic planning, we will consider factors such as income, investments, assets, business operations, and tax law or changes in tax law.

Implementation

Once a strategy is determined, we will ensure you are on board with the strategy. Our team then works to diligently implement outlined tax strategies, ensuring all necessary documentation and compliance requirements are met.

Here, we review, compile, plan, provide support, and maintain for tax preparation and filing purposes.

Ongoing Support

Tax planning and prep is not just a one-time occurrence. It’s a scenario that requires ongoing work year after year. Many things happen behind the scenes that contribute to tax preparation as well as planning. Our team will provide you with continuous support even outside of tax season.

We will continue to review your financial situation regularly so tax strategies can be adjusted as needed. We will always keep you informed of any changes or recommendations, especially if they may affect your tax obligations. Our goal is to be here to support you and help you work toward your goals.

Why Choose Katherine M Johnson, CPA?

We are here to provide you with comprehensive tax preparation and planning services. Each client’s needs are unique, which is why we work so closely with you to make the most of your scenario and optimize your tax strategies for maximum benefits and minimized liabilities.

These are the top reasons to work with us:

• Expertise
• Tailored approach
• Comprehensive tax services
• Proactive tax strategies

Effective tax planning is not just about compliance. It’s about making informed decisions that will positively impact your financial future.

Expertise and Experience

We are not new to the tax industry. Our firm has been a longstanding asset for accounting and tax preparation in the community. Our team of CPAs and highly trained staff have years of experience and in-depth knowledge to support your tax planning and preparation needs. We work hard to stay up-to-date with the latest changes and tax law so that we can continue to provide accurate and strategic advice, no matter what your situation may be.

Our years of training and expertise ensure you get advice and support you can trust. We have familiarity with a diverse array of tax scenarios, and we’re here to help you every step of the way.

Tailored Approach

Your financial situation is unique, and we understand that. For successful tax planning and prep, it is critical to have a tailored approach established that is based on your unique needs. We recognize that your goals or situation may be far different from those of the average customer.

Our expertise allows us to work with many scenarios, providing a personalized approach tailored to your specific circumstances. We work to develop effective strategies, maximize deductions and credits, and minimize your tax burden in the process. We listen to your needs and goals, whatever they may be.

Comprehensive Tax Services

From individual tax returns to complex corporate tax strategies, we offer a full range of services to meet all of your tax planning and preparation needs. We can handle everything from simple tax preparation to complex tax scenarios.

Count on us for these services and more:

• Individual tax returns
• Business taxes
• IRS Problem Support

We’re here for every tax situation to help you make the most of your scenario and achieve the best possible outcome. Let us be there for your tax needs.

Proactive Tax Strategies

We believe in being proactive with your tax strategy choices. We are not just here to prepare your taxes once you’ve put together everything for us. Our goal is to work with you throughout the year, implementing strategies to optimize your tax position. We take a forward-thinking approach that helps you make the most of tax-saving opportunities based on your tax situation.

Being proactive and working together often has a much better outcome.

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Get Started Today

Let Katherine M Johnson, CPA, be your partner for financial success. Our Tax Planning And Preparation team provides expert services, and we are here to help maximize your tax advantages.

Contact us today to get started with a free consultation.

Book Appointment

Tax Problems

Are you struggling with IRS tax problems? Katherine M. Johnson, CPA, and team are here to help! We understand that dealing with the IRS can be stressful and overwhelming. Many times, you may not be familiar with their lingo or their requirements. That’s where we come in. Whether you owe back taxes, you’re facing an audit, or you have some other type of IRS issue, we can help you through it.

Our expert team at Katherine M Johnson, CPA, is here and ready to help you navigate your tax problems to come up with a positive resolution. We specialize in providing comprehensive solutions tailored to your unique situation. Let us help you get the peace of mind and solution you deserve! Call us today.

How Can We Help with Your IRS Tax Problems?

We offer a comprehensive suite of services designed to support you and work through a variety of common tax problems. We can help you navigate the process to get back on good terms with local tax authorities and the IRS. We will work with you as we find a solution to your tax problems.

Our services include the following:

• Audit Support
• Back Taxes Resolution
• Tax Liens & Levies
• Installment Agreements
• Offers in Compromise
• Penalty Abatement

Learn more about how we can help with each of these areas below:

Audit Support

Nobody wants to be audited, but it happens and you must be prepared to handle it if it happens to you. The IRS performs more than 500,000 audits per year. Our experienced team can provide you with representation and support during an audit. Our goal is to help you protect your rights and ensure a fair audit process while working to compile and organize all required information and data to support the audit.

Back Taxes Resolution

When you owe back taxes, it can be scary to figure out how to get back in the good graces of the IRS. The good news is that there are options for you as the taxpayer. Our job is to help you understand your options and work as a mediator between you and the IRS to come to a desirable outcome. We cannot make back taxes magically go away, but we can work with you to develop a plan to pay off those back taxes and make requests to reduce penalties and interest on your behalf as well.

Tax Liens & Levies

Tax liens and levies typically occur because of an issue with back taxes. A lien is designed to secure the government’s interest in your property because of an IRS tax problem. A levy is typically where the IRS takes your property because of the tax issue. These can include any real or personal property that you have any type of ownership or interest in. Business property may fall into special provisions, depending on the ownership.

We can help you work through the process of resolving liens or levies to regain control of your assets and resolve your tax problems in a timely manner.

Installment Agreements

When taxes are owed, the IRS does offer installment agreement plans that allow you to make payments on taxes due. These manageable plans are designed to fit your financial situation. They must be requested and then approved by the IRS. Let our firm help you request and set up an installment plan that will work for your needs.

Offers in Compromise

In some cases, you may be able to negotiate with the IRS to settle a tax debt for less than the amount owed. This is called an offer in compromise. There is no guarantee your offer will be accepted, but you may have some negotiation opportunities. Let us help you navigate the process.

Penalty Abatement

If you are seeking relief from tax penalties, we may be able to help. In some cases, when there is reasonable cause, the IRS will abate those penalties. The IRS outlines a very specific process to make those requests. Let us help you make the request, substantiate your cause, and get relief from tax penalties.

Why Choose Katherine M Johnson, CPA, for IRS Tax Problems?

At our firm, we have extensive experience working with a variety of IRS tax issues, and we are here to help. Our team of accountants knows what the IRS is looking for, as well as the required data. We are familiar with tax regulations and understand the complexities of these topics. We are also well-versed in effective strategies to help you resolve your issues and move forward.

We provide each client with personalized solutions. No two tax problems are exactly the same, and we know your situation is likely unique. We take the time to understand your specific circumstances and develop a personalized plan to help you overcome your tax issues. From negotiations to tax documentation, we’ve got you covered.

Our Process

Our process is simple and designed to ensure we have open communication to get you the help you need:

• Start with a free consultation to discuss your unique problems
• Our team will conduct a detailed analysis to determine the best course of action
• Strategic planning to work through the process that fits your situation
• Implementing the plan and coming to an appropriate resolution
• Providing ongoing support to help you remain compliant and avoid future problems

We are here for you every step of the way!

Get the Help You Need Today!

When you have IRS tax problems, we can help! Don’t let these problems disrupt your life any longer. Take the first step toward finding a resolution by reaching out to us today. Our experienced team is here and ready to provide the support and solutions you need to make it through this.

At Katherine M Johnson, CPA, we are dedicated to helping you overcome even the most complex IRS tax problems with confidence. Reach out to us now, and let’s get started on a solution for your tax challenges today!

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Get Started Today

Let Katherine M Johnson, CPA, be your partner for financial success. Our Tax Planning And Preparation team provides expert tax problem solving, and we are here to help take the stress and headaches out of IRS problems.

Contact us today to get started with a free consultation.

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Tax Resolution

Find Lasting IRS tax relief with Katherine M Johnson, CPA

Confidential tax resolution services to lift your IRS burden

IRS issues can feel overwhelming and isolating, but you don’t have to face them alone. Katherine M Johnson, CPA, is here to help taxpayers in Central Kentucky find real, lasting solutions to IRS challenges with expertise, compassion, and complete confidentiality.

Schedule a free consultation with us today!

Why Choose Katherine M Johnson, CPA, for Tax Resolution?

At Katherine M Johnson, CPA, we understand the weight an IRS issue can have in your life. It’s stressful, complicated, and often overwhelming. For some, it may feel like a hopeless situation with no resolution in sight. Many people live with these tax problems for months or even years, assuming they have no choice and no way out.

Our goal is to provide tax relief and peace of mind for hardworking individuals who need some relief. We will be your knowledgeable and understanding advocate who has your back. Whether you have unfiled returns, penalties, wage garnishments, or other complex IRS matters, our team of experienced and friendly professionals has the insight to help craft a personalized solution to meet your unique needs.

Our Tax Resolution Services

Tax resolution can involve many things. We offer a wide range of services to help effectively and permanently address your IRS issues. Check out this overview of our services:

• Unfiled Income Tax Returns: we will help you prepare unfiled returns so you can get current with all outstanding tax returns and avoid further penalties for failure to file. While filing, we will ensure you are compliant with IRS requirements and work through resolving the challenges that come with unfiled returns.
• Penalty Reduction: our team knows how to apply for penalty abatement and will work on your behalf to seek reduction or potentially eliminate fines on unpaid taxes. This process takes hard work and dedication, but we will be there every step of the way.
• Offers in Compromise: for many, paying a tax debt in full simply isn’t a feasible option. We will help negotiate a settlement that could reduce the amount of taxes owed. Many times having the proper support to help make the request will result in favorable compromises.
• Payment Plans: the IRS does allow for payment plans in some cases. We assist with establishing manageable payment plans that can fit your budget, so you can make ongoing and consistent progress on your IRS balance.
• Financial Hardship Plans: when a financial hardship has left you in a tight spot, we can help. When someone faces severe financial challenges, having a qualified CPA to advocate on your behalf can be helpful. We provide support for hardship-based solutions that prevent unaffordable demands from the IRS.
• Wage Garnishment and Bank Levies: the IRS will seek compensation through any means available, including wage garnishments and bank levies that can complicate your financial situation. We work quickly to get wage garnishments and bank levies released when they threaten your financial security.
• Audit Representation: nobody wants to face an audit, but they do happen. Our team will support you through audits, representing you and ensuring your rights are fully protected throughout the audit process.
• IRS Appeals: if the IRS makes a decision that you do not agree with, we can provide representation for the appeals process to work towards a fair outcome on your behalf.

Why Work with Katherine M Johnson, CPA?

At Katherine M Johnson, CPA, we believe in being here to support you through your needs. We understand that not all IRS resolutions look the same. That’s why we approach every scenario with a tailored plan specific to your circumstances. We are here to help you through your IRS problems, one step at a time.

These are some reasons our customers choose us:

• Proven experience with tax code and IRS processes
• Personalized solutions for your circumstances
• Compassionate support for IRS issues

We’re here to be your advocate and supporter. We have extensive experience and knowledge where IRS issues are concerned. Our proven experience means you can rest assured you’re getting the best possible navigation in even the most complex scenarios.

We will create a strategy that is tailored to your unique circumstances, ensuring we use an approach that addresses your needs and not just a generic solution. We know this is stressful. That’s why you can count on our team to be encouraging, compassionate, and supportive through every step of the process.

Trust us to be by your side for tax resolution needs.

The Tax Resolution Process

You are not in this alone. While we tailor every strategy to your unique needs, we follow a similar process to navigate tax resolution:

• Schedule a free consultation to discuss your IRS issues
• Our team completes a detailed analysis of the IRS situation
• We present you with a customized plan based on your circumstances
• We handle every detail of representation, communication, and representation to help find resolution

We’re here for you through it all. Let us help with your tax resolution needs.

FAQs

How much does tax resolution cost?

The cost will depend on what is needed and how long the resolution process takes. Your initial consultation is free. We will provide you with a clear, written estimate once we better understand your tax situation.

How long does tax resolution take?

Every case is different. Some resolutions take only a few months, while others may take much longer. This timeline depends on the complexity of the situation and what steps are required each step of the way. We work quickly to help provide relief as soon as possible.

Is my consultation and services confidential?

All services, meetings, and consultations are 100% confidential and secure.

Contact Us Today for Tax Resolutions and Support

If you’re ready to handle your tax issues with professional support and care, we’re here for you. Let Katherine M Johnson give you peace of mind and expert assistance.

Contact us today to get started!

See Packages Free Consultation

Get Started Today

Let Katherine M Johnson, CPA, be your partner for financial success. Our Tax Planning And Preparation team provides expert services, and we are here to help maximize your tax advantages.

Contact us today to get started with a free consultation.

Book Appointment

Payroll Services For Georgetown

Streamline your payroll with expert precision

Reliable payroll solutions tailored to your business needs

Managing payroll can be complex and incredibly time-consuming for a business. There are a lot of things to know about properly calculating withholding, ensuring deductions are correct, processing payroll forms, and more. At Katherine M. Johnson, CPA, we provide professional payroll services designed to help simplify the process, ensure accuracy, and keep you compliant with all regulations in the process.

Let us handle the payroll details so you can focus on other business needs. Contact us today to get started!

Payroll Services You Can Trust

Outsourcing payroll to Katherine M. Johnson, CPA, means working with experienced professionals who are trained and certified to handle payroll. At our firm, we understand the intricacies of payroll management, particularly for small business and service-based businesses.

Payroll is so much more than just writing checks to your employees. It involves stringent compliance with federal and state laws, accurate filing of all required data, maintaining detailed records, and keeping things accurate and detailed no matter your payroll situation. At Katherine M. Johnson, CPA, we are proud to offer a suite of payroll services designed to meet each of these needs and more.

We offer a wide variety of payroll services to ensure all of your needs are met.

• Payroll processing
• Payroll tax filings
• Direct deposit
• Compliance support
• Employee benefits administration
• Recordkeeping

Learn more about each of these services below.

Payroll Processing

Payroll processing is one of our most popular payroll services. This takes the burden of tax calculations and processing net payroll amounts off your shoulders. As part of payroll processing, we will run payroll on your preferred schedule, whether it’s monthly, bi-weekly, or weekly.

You can effortlessly handle payroll schedules and needs by leaving it in our hands. We will ensure correct wage calculations (including overtime), bonuses, and deduction processes. We can automate payment distribution as well to help provide efficiency and accuracy.

Payroll Tax Filings

With payroll processing come certain tax filing requirements as well. We support you through all of these tax requirements. This includes preparing and filing quarterly and annual payroll taxes as needed. It also includes preparing W-2s and 1099s and timely distribution of them to the parties required to receive them.

We file these on your behalf and ensure accuracy based on payroll numbers. We make sure of compliance with time and that state specific requirements are followed in the process.

Direct Deposit

Many employees prefer direct deposit because it is convenient, and nobody has to worry about a paper check. This can be more convenient for employers as well and cut down on the expense of printing and issuing paper checks.

We offer direct deposit services so that you can offer your employees the convenience of secure, fast, and reliable options. This ensures payments are always received promptly, even if the business is closed for a break, holidays, etc.

Appreciate the simplicity and convenience of direct deposit and offer your employees the choice of convenience in the process.

Compliance Support

Compliance is a huge part of payroll for any business. There are many complex rules and requirements that affect compliance. It’s easy to miss something without realizing it if you don’t have the training and familiarity with compliance purposes. Even using payroll software only does so much to help you stay compliant.

At Katherine M. Johnson, CPA, we know what it takes to be compliant with federal, state, and local regulations. We will work closely with your payroll needs to help you stay compliant and reduce the risk of facing any penalties or payroll issues for compliance reasons. Keep your business protected and ensure your peace of mind.

Employee Benefits Administration

If you offer any type of benefits for your employees, such as retirement plans, voluntary deductions, or health insurance plans, getting those benefits correct for deductions and calculations is absolutely crucial.

While we do not physically manage these plans in-house, we can offer our support in payroll administration where your benefits are concerned. This includes managing deductions for all available benefits and ensuring calculations are accurate. We provide detailed paystubs that clearly outline employee earnings and deductions for every payroll.

Recordkeeping

Recordkeeping is another critical aspect of payroll, and it’s an area where many companies fail. You need a well-organized and consistent way to maintain payroll records and ensure they are retained for the timeline required in your area.

We will maintain meticulous records for every part of payroll that we handle. This can help to simplify audits and provide easy access to payroll history or details whenever it may be needed. Our records are kept organized and include all pertinent information for the allotted record retention history requirements.

Why Choose Katherine M. Johnson, CPA?

We are proud to offer personalized services you can depend on, no matter your payroll needs. You deserve to rest easy knowing your payroll is in good hands and trusting that everything is compliant and accurate in the process.

These are just a few reasons our clients choose us for payroll services:

• Years of experience and expertise in payroll and accounting
• Personalized services for every unique business need
• Advanced technology and software to deliver efficient, accurate, and secure payroll services

We understand that every business has unique needs. That’s why we offer personalized services that are tailored to your business. Payroll is not a one-size-fits-all service, and we never treat it as one. We work to ensure you get the most value from our services for your business needs.

How it Works

When you are considering payroll services, contact us and let’s discuss your needs. Services will be tailored according to your preferences, but it works like this in general:

• Schedule a consultation so we can meet and understand your payroll needs
• Work through a setup process to configure payroll based on your needs
• Provide ongoing support as your business evolves or changes

We work closely with you from the very beginning and through any transitional payroll demands. We’re here for you to manage payroll, address issues, and manage any changes that may occur.

Count on Katherine M. Johnson, CPA, for Your Payroll Needs

No matter what your payroll needs are, work with us to simplify them today. We provide reliable, efficient, and stress-free payroll solutions tailored to your needs.

Schedule your consultation today to get started!

See Packages Free Consultation

Get Started Today

Let Katherine M Johnson, CPA, be your partner for financial success. Our Tax Planning And Preparation team provides expert services, and we are here to help maximize your tax advantages.

Contact us today to get started with a free consultation.

Book Appointment