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  • Small Business One Employee Accounting Question

    updated 6 months, 4 weeks ago 0 Member · 1 Post
  • Charles

    October 29, 2019 at 11:04 pm

    I work as an independent contractor at a hospital. The hospital pays my small S-Corp with only me as an employee. S-Corp then pays me a payroll. Mind you I just started so I met with a CPA and financial advisor today. The CPA charges $320 for bookkeeping and payroll he then charges a fee during filing. The financial advisor charges a flat fee of $1750 to manage retirement and wealth management/growth etc. I’m just starting out so I have very little to no assets just student loan debt. It doesnt seem hard to just pay off student loans and put money into a 401k and other retirement savings until I have loans paid back and more money to grow. ​ My questions are: How hard would it be for me to bookkeep and do payroll from one business account using something like gusto or quickbooks? Do the cost of the CPA and financial advisor seem really high? – by hq overview Boy_Boss – –

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