If you are sick and tired of spending thousands of dollars per month on accounting for your business, and you are looking to cut cost while keeping the service robust, you are in luck. Collective allows for you to to spend a fraction of the cost all while providing you an all- inclusive service.
When deciding which accounting service we were going to offer for our viewers, we asked ourselves a few questions.
- Is the price fair?
- Do they do the bookkeeping and accounting?
- Do they take care of your payroll?
- Is tax filing included in the price?
The Best Accounting Service Online
We feel that your cpa’s job is to take all of these jobs on, leaving you to focus on growing your businesses revenue. We feel that the solution that we offer our viewers is top of the line.
This is why collective.com is the only alternative to an accounting firm we trust for our recommendation.
They were able to check off all the main questions up top, and they are also offering our viewers 50% off their first month. Just go to that link.
Let’s Talk Cost of this Accounting Firm Alternative
The all inclusive service collective.com offers business owners is $349 per month with a $199 setup fee, covering everything from bookkeeping, accounting, payroll and tax filing.
Collective also provides a hefty discount if you pay yearly with a year costing $296 per month up front, which is roughly $3,552 per year. Probably less than you are paying for one month of your current cpa’s salary.
Would it be worth it to you to use a platform that combines all these services, saving you time and money?
Collective.com Accounting Services For Aspiring Entrepreneurs
Collective offers transparent pricing, and an exemplary managed back-office for its customers. These services’ are not just for already established businesses, though. Furthermore, they also provide many services included with their monthly fee that apply to solely business startups. Such as; business formation services’, all included in their monthly price.
Start your business, and stay compliant in the eyes of the IRS with collective right out the gate. You will pay one monthly fee for business formation, bookkeeping, accounting, payroll and tax filing.
No need to spend 45-$50k per year for your cpa’s salary.
The value on just the money saved is tremendous here.
List of Collective.com Features
- LLC formation in your state
- Creation of an operating agreement
- Obtain Your Tax ID Number (EIN)
- File an S Corp election with the IRS
- Employer Registration in your state
- Provide a registered agent for your business
- Alerts for annual compliance filings
- Set-up company books and payroll
- Bookkeeping and payroll training
- Quarterly tax estimates
- Annual salary recommendations
- Owner paycheck calculator
- Business income tax returns (federal and states)
- Monthly categorization of business transactions
- Reconciliation of business bank and credit card accounts
- Expert review of financial reports
- Financial reports package delivered monthly
- Close books at end of year and prepare for taxes
- Free consultation with a tax advisor
- Year-round bookkeeping, payroll, accounting and tax support
- A member relationship manager
- Newsletters, resource guides, and educational webinars
- New hire reports filed with State
- Preparation and filing of quarterly payroll returns
- Gusto subscription for payroll ($45/month value)
- Gusto payroll system training
- Automated payroll
- Unlimited payroll runs
- Issue and file W-2s
All of this for a relatively low monthly price at Collective.
Customer Support at Collective
Collective offers so much value when it comes to customer support. If Collective agrees to work with you, you could not be in better hands.
They Do Not Work with Everyone
This service is extremely comprehensive. So, if you have the ability to work with Collective in regards to your businesses accounting, bookkeeping, payroll and tax filing needs, take that opportunity and run with it. You’ll be glad you did. Best way to find out is to follow one of the Collective links on this page, and apply.
My name is Joshua McCauslin, and I am the founder of Raise The Biz. Like previously stated, you will receive 50% off your first month if you use one of these links to sign up for even more savings.
Their services are fully tax-deductible, and the average amount they save their customers on taxes can cover the cost of the service in a few short months.
Quite the incentive in our opinion to go check it out, and see if you qualify at collective.com.
Strategically Designed for Business-Of-One
Collective has revolutionized the bookkeeping, accounting, payroll and tax filing niche, specifically designed for business-of-one clients. If you have a single-member LLC, or you are looking to start a single-member LLC, Collective may be a great fit.
Collective only works with single owner businesses, though. They are mostly helpful for businesses with revenue of $60k per year or an equally projected revenue based on your business industry and location. There is no set in stone income limit to qualify, though. So, you might as well apply here.
A Game Changer for Self-Employed Business Owners
Collective is made for self-employed business owners. It allows you to not have to focus on all the paperwork that is required for the bookkeeping, accounting, payroll and tax filing so that you can do more of what you enjoy.
Allowing you to forget the paperwork, and focus on providing your customers the best service possible, and to be able to grow your business with less distractions are two key benefits of hiring collective.com.
Cost and Fee Transparency
Collective is completely transparent with their price, and the $199 setup fee. They are also transparent about what is not included in their FAQ section.
This transparency makes trusting Collective even easier.
If you are Stuck on The Old School Form of Accounting
Some people will just settle for the old school form of accounting paying thousands of dollars per month in accounting fees. To each their own though. I mean, I get it. If it ain’t broke don’t fix it, right?
The thing is, you obviously are not happy with what you are currently paying, or you wouldn’t be here reading this article. Sometimes you just need to take a leap of faith.
To Summarize
Collective.com is a comprehensive alternative to using an accounting firm. They do everything from business formation, bookkeeping, accounting, payroll and tax filing so you don’t have to, and you can get back to what you love doing.
The cost is roughly 12X less than hiring on an in house accountant, and is fully tax-deductible.
We wish for you to have happiness and prosperity. Until next time.