Question 1

Do you prepare taxes?

Accepted Answer

No. Lionguard Ledgers specializes in bookkeeping, maintaining accurate records, reconciliations, and monthly financial reporting. We do not prepare tax returns or provide tax advice.

Our goal is to help keep your books organized so your CPA or tax professional has clearer, more accurate information to work with.

Question 2

Are you a CPA?

Accepted Answer

No. Lionguard Ledgers is a bookkeeping business, not a CPA firm. We do not provide CPA services, audits, assurance, tax preparation, or legal advice.
We focus on helping small businesses keep their financial records clean, organized, and easier to understand.

Question 3

What is the difference between a bookkeeper and a CPA?

Accepted Answer

A bookkeeper helps maintain your day-to-day and month-to-month financial records. This can include categorizing transactions, reconciling bank and credit card accounts, organizing income and expenses, and preparing basic financial reports.
A CPA or tax professional typically handles tax filing, tax planning, audits, and higher-level accounting or advisory work.
In simple terms: bookkeeping helps keep your records organized throughout the year, while your CPA or tax professional can use those records for tax and compliance work.

Question 4

Do I still need a CPA or tax professional?

Accepted Answer

In many cases, yes. Lionguard Ledgers does not replace your CPA or tax preparer.
Good bookkeeping can make your CPA’s job easier by helping ensure your financial records are organized before tax time.

Question 5

What does monthly bookkeeping include?

Accepted Answer

Monthly bookkeeping may include transaction categorization, bank and credit card reconciliations, income and expense organization, basic financial reports, and general review of your books.
The exact work depends on your business, number of accounts, transaction volume, and current bookkeeping setup.

Question 6

How do I know if I need cleanup work?

Accepted Answer

You may need cleanup work if your books have not been updated in months, your bank accounts are not reconciled, your reports do not look right, transactions are uncategorized, or you are not confident that your numbers are accurate.

During the consultation, we can talk through where your books stand and whether cleanup is needed.

Question 7

How much does bookkeeping cost?

Accepted Answer

Pricing depends on your business complexity, transaction volume, number of bank and credit card accounts, cleanup needs, payroll activity, invoicing needs, and reporting needs.

That is why Lionguard Ledgers starts with a free consultation before recommending a plan.

Frequently asked questions