Charlotte CPA firm, Bordeaux & Bordeaux, CPAs, PA, was established in 1996 with a strong background and emphasis on strategies for saving on taxes and the entrepreneurial spirit.
We have noticed a number of things happening with businesses over the past few years. We have found that many businesses were finding it hard to make money, were paying more taxes than they should and overall, were having a more difficult time than usual just being successful. Most of these companies were not using their accounting firm like larger firms to give them guidance to make more money for the owners and also help the owners take advantage of the tax laws, instead of having the tax laws take advantage of them. Bottom line, the larger companies were paying less in taxes and making more money. The small to medium sized businesses normally could not afford the fees of an accounting firm to do the complete job and were struggling.
If you hired a consultant or larger accounting firm at an hourly rate, the fees might be $200 to $400 per hour. We know that most small business owners could not afford to pay us that way. That is the reason that most accountants only provide compliance, sometimes financial statements, and at the end of the year would file a tax return. The compliance and financials were at one end of the spectrum and at the other end was the year–end tax filing. That left a tremendous void in the middle, which includes business guidance, consultation and tax planning.
The question at Bordeaux & Bordeaux was how could we provide the necessary services that a small to medium sized company needed to stay in business, make more money and save on taxes – which is guidance, consultation and tax planning – AND make it affordable. We know that a smaller business sometimes needs this type of service more than a larger one!
Our vision is to help our clients and ourselves achieve more than we both thought possible and to have fun doing it!
