Frequently asked questions.
How long does it take to get started once I’m onboarded?
Once all requested information has been received, you will be up and running within 14 -21 days.
Do you file prior year tax returns:
If it’s been a while since you’ve filed, don’t stress it! We can catch up on your bookkeeping for up to 10 years (2012-2022)
How will I be billed?
On The Rise Entertainment Accounting is an annual subscription. Your account will be debited on the 15th of every month or you can pay for the entire year upfront.
What accounting software do you use?
We currently use QuickBooks Online. If you don’t have QuickBooks online, no worries, we will set it up for you!
What records should I keep and for how long?
Supporting documents include sales slips, paid bills, invoices, receipts, deposit slips, and canceled checks. These documents contain the information you need to record in your books. It is important to keep these documents because they support the entries in your books and on your tax return.
Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return. Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction IRS.GOV.