Tax compliance shouldn't be overwhelming or transactional. At Good Works Financial, we take a thoughtful, client-centered approach to tax preparation — one that prioritizes accuracy, maximizes opportunities, and ensures you never feel like just another file.

We provide professional tax return preparation for:

• Individuals and families (Form 1040)
• Sole proprietors (Schedule C)
• S corporations (1120-S)
• Partnerships (1065)
• Multi-state filings
• Estates
• Trusts
• Prior-year or amended returns

Our process goes beyond data entry. We take the time to understand your unique situation and income sources, life changes, business activity, and deductions, so that your return reflects the full picture. We also identify red flags and provide guidance on recordkeeping to make future filings even smoother.

Why clients choose us for tax prep:

• Direct communication with a licensed CPA
• Year-round availability for follow-up questions or clarifications
• Integrated support for clients using our bookkeeping, payroll, or financial planning services
• Secure digital filing with audit-protection options available

Great tax outcomes don't happen in March. They happen with planning throughout the year. We offer tax planning services to help individuals and business owners make informed financial decisions that reduce tax liability and align with their long-term goals.

Our tax planning services may include:

• Personalized income tax projections
• Estimated payment planning and safe harbor strategies
• Business entity selection or restructuring for tax efficiency
• Tax-smart retirement contributions (e.g., Roth vs. Traditional)
• Roth IRA conversion strategy and timing
• Strategic charitable giving, including donor-advised funds (DAFs)
• Health savings account (HSA) and FSA optimization
• Investment tax coordination (in partnership with your advisor)
• Exit planning for business owners

We use robust planning tools, including Intuit Tax Advisor, to visualize the tax impact of different strategies and help you make confident decisions. Whether you're navigating self-employment, a new business, a career change, or growing wealth, we bring clarity to your next move.

When should you plan with us?

• Before year-end, to take advantage of tax-saving opportunities
• Before a large purchase or sale
• When starting or restructuring a business
• During life transitions (marriage, kids, home purchase, retirement)

Dealing with tax problems can be stressful, but you're not alone. We offer expert support and IRS representation to help you resolve outstanding tax issues with professionalism and compassion. Whether you've received a notice, owe back taxes, or are struggling to stay compliant, we're here to help you understand your options and move forward.
We help clients with:

• Unfiled or past-due tax returns
• Back taxes and IRS account reviews
• IRS notices, balance due letters, and CP2000 responses
• Payment plan negotiation (Installment Agreements)
• Offers in Compromise (settlement for less than owed)
• Penalty abatement requests (first-time or reasonable cause)
• Wage garnishment or bank levy relief
• Innocent spouse relief
• Transcript review and tax account access

As licensed CPAs, our team provides direct representation before the IRS and acts as your advocate throughout the resolution process. We'll handle the communication, paperwork, and analysis so you can regain peace of mind.

Our tax resolution approach:

• Calm, clear guidance through each step
• Honest assessment of your options
• Customized action plan based on your financial reality
• Long-term solutions to prevent repeat issues

A successful business starts with accurate financial tracking. We offer comprehensive QuickBooks Online setup services designed to align with your business structure, industry, and day-to-day operations.

Our setup service includes:

• Chart of accounts customized to your business type
• Linking bank and credit card accounts for automatic sync
• Setting up invoicing, sales tax, payroll, and vendor profiles
• Tailoring reporting templates (P&L, balance sheet, cash flow)
• Owner draw and equity account configuration
• Initial walkthrough and onboarding for your team

You'll walk away with a clean, intuitive system that's ready for bookkeeping, tax prep, and business analysis. We can also assist in migrating data from other accounting platforms or spreadsheets if needed.

Why it matters:

A proper setup reduces errors, improves clarity, and sets the stage for accurate financials all year long -- helping you avoid costly clean-up or tax surprises later.

If your QuickBooks file feels disorganized, out of date, or just plain wrong - you're not alone. Many small business owners start out strong but fall behind or inherit books from a prior bookkeeper that don’t make sense. Our clean-up service helps restore order and confidence.

Our clean-up services include:

• Bank and credit card reconciliations
• Removal or reclassification of uncategorized transactions
• Duplicate entry checks and corrections
• Adjustments to owner equity, retained earnings, or payroll accounts
• Alignment with your tax return or CPA-reviewed records
• Year-end closing procedures

Whether your books are six months or six years behind, we’ll review your file in detail and give you a roadmap to get things accurate and tax-ready.

Bonus: Ongoing clients benefit from routine “file health" checks to prevent issues from snowballing again.

Not every business needs full-time bookkeeping help, but every business owner needs to understand the basics of their financial system. We offer customized QuickBooks training to empower you (or your staff) to handle day-to-day tasks with confidence.

Training topics may include:

• Navigating QuickBooks Online efficiently
• Entering and categorizing expenses properly
• Invoicing customers and managing receivables
• Reconciling accounts monthly
• Understanding key reports and dashboards
• Best practices for year-end wrap-up and tax prep

Training is delivered virtually and tailored to your current level of experience. We also provide handouts, cheat sheets, and optional follow-up support.

Ideal for:
DIY business owners, in-house admin staff, or anyone transitioning from spreadsheets to QBO.

Have a QuickBooks question but don't need full bookkeeping service? Our QuickAnswers option gives you access to CPA-level support for quick troubleshooting, software guidance, and peace of mind.

Examples of questions we help with:
• "Why isn’t my bank feed matching up?"
• "How do I record this loan properly?"
• "Should I use an expense or a fixed asset account?"
• "How do I correct a miscategorized transaction?"
• "Why is my balance sheet off?"

You can reach out via email or schedule a short call to get answers when you need them — no commitment required.

QuickAnswers is perfect for:
Business owners who do their own bookkeeping but want expert backup when things get confusing.

Comprehensive financial planning starts with understanding where you are and where you want to go. We help you develop a structured plan that aligns your values, goals, and resources to create a clear path forward.

Your financial plan may include:

• Net worth and cash flow analysis
• Goal prioritization (home, family, retirement, giving)
• Tax coordination
• Risk tolerance and investment alignment
• Short- and long-term action steps

Planning engagements are built around your needs — whether you want a one-time strategy session or an ongoing relationship with regular reviews and updates."

We assess your current risk exposure and insurance coverage to ensure you're properly protected and not over- or under-insured. Risk management is about more than just having policies in place; it's about having the right coverage to preserve your financial security.

We provide analysis and recommendations related to:

• Life insurance (term vs. permanent)
• Disability insurance
• Long-term care planning
• Health insurance and HSA optimization
• Umbrella and property & casualty policy alignment

While we don't sell insurance, we help you understand how each policy fits into your overall plan and refer you to trusted agents when needed.

Whether you're just getting started or managing a significant portfolio, your investment strategy should be tailored to your goals, timeline, and risk tolerance -- not market hype.
We help clients:

• Understand risk capacity and behavioral tendencies
• Build or evaluate portfolios based on financial goals
• Coordinate investment strategy with tax and retirement planning
• Choose between account types (brokerage, IRA, Roth, HSA, 529)
• Analyze asset location and tax efficiency

We work collaboratively with your existing advisor or can help you select an investment platform that fits your needs.

While we offer full-service income tax planning (explore tax services here), our individual planning also addresses estate and gift tax strategies designed to preserve wealth and reduce tax burdens for your family.
We assist clients with:

• Annual gifting and 529 plan contributions
• Lifetime gift tax strategies and Form 709 considerations
• Coordination with estate attorneys on trust and estate design
• Tax-efficient legacy and charitable giving
• State-level estate tax exposure and planning

We believe tax planning is both a technical and relational service -- helping clients preserve not just assets, but values.

Whether you're just starting to save or evaluating whether you can afford to retire early, our retirement planning services provide a realistic and actionable path forward.
We help you:

• Estimate retirement income needs and goals
• Assess savings adequacy across IRAs, 401(k)s, and pensions
• Choose between Roth vs. Traditional contributions
• Analyze Social Security claiming strategies
• Coordinate withdrawal planning and Required Minimum Distributions (RMDs)
• Build a sustainable income plan in retirement

Planning can start years before retirement or just before the transition. We tailor the strategy to your timeline and comfort level.

We work with you to clarify your estate planning goals and ensure your documents and titling align with your intentions. While we do not draft legal documents, we review your estate structure and collaborate with attorneys to support seamless implementation.
Our estate planning services include:

• Beneficiary and titling review across all accounts
• Net worth and liquidity analysis
• Trust and will coordination with legal professionals
• Review of powers of attorney and healthcare directives
• Legacy and charitable giving strategy

Estate planning is more than document prep. It's about peace of mind and relational stewardship.

We help you build a sustainable cash flow plan by aligning your income, spending, and savings with your values. Whether you’re trying to break the paycheck-to-paycheck cycle or optimize for multiple goals, we’ll help you make a plan that works.
Services include:

• Budget development and automation
• YNAB or spreadsheet-based tracking setup
• Emergency fund strategy
• Debt reduction planning (student loans, credit cards, personal loans)
• Variable income planning for self-employed clients

We believe budgeting shouldn't feel restrictive. It should feel empowering.

Planning for a child or grandchild's education takes foresight. And we will help you create a plan that aligns with your overall goals.
Our education planning includes:

• 529 plan contribution analysis and optimization
• UTMA/UGMA guidance
• Financial aid considerations
• Tax coordination with gift limits and education credits
• Education planning within multi-goal household budgeting

We help clients balance the desire to fund education without compromising retirement or other financial priorities.

We provide ongoing accounting support so you can focus on running your business, not untangling spreadsheets. Our monthly or quarterly bookkeeping services ensure your financial data is up to date, audit-proof, and aligned with your tax strategy.
Our small business accounting services include:

• Bookkeeping: Categorization of transactions, bank reconciliations, and balance sheet cleanup
• Payroll Support: Setup guidance, system selection, quarterly tax filing reviews, and coordination with payroll providers
• Sales Tax Support: Nexus analysis, state registrations, and ongoing filing support for clients with multi-state or digital product sales
• Financial Statement Preparation: Delivery of standard reports (P&L, balance sheet, cash flow) for tax prep, financing, or internal decision-making

We tailor the frequency and scope of our work to your business size and complexity. All clients receive custom reporting and direct access to a CPA for questions.

Add-on: Year-end tax prep, quarterly estimates, and strategic advisory available through our CFO service tiers.

Many growing businesses need more than bookkeeping and tax prep. They need a strategic partner to help them understand the story behind the numbers and make confident financial decisions.
Our Part-Time CFO service offers:

• Cash flow forecasting and budgeting
• Break-even and profitability analysis
• Business performance dashboards and KPI tracking
• Owner compensation and tax efficiency planning
• Pricing, margin, and cost analysis
• Quarterly strategy sessions to review financials and future planning

You'll receive high-level financial insight without hiring a full-time CFO. We become your sounding board, accountability partner, and proactive planner - all wrapped into a flexible monthly package.

Best for: Business owners who want to scale, improve cash flow, or better understand their numbers.

Starting a business involves more than just getting an LLC. It involves making the right choices from the start. We guide new business owners through the process of forming a business with clarity and compliance in mind.

Our formation support includes:

• Entity selection guidance (LLC vs. S Corp vs. Sole Prop)
• EIN application and state registration support
• Chart of accounts and QuickBooks setup
• Owner compensation and tax strategy overview
• Basic budgeting and pricing structure guidance
• First-year estimated tax planning

We simplify the startup phase so you can avoid costly mistakes and focus on your vision.

Perfect for: First-time entrepreneurs, contractors, consultants, and service-based professionals launching new ventures.

Whether you're planning to retire, sell your business, or pass it on to family or partners, succession planning is critical to ensuring continuity and protecting the value you've built.

We help you:

• Clarify your exit goals and ideal timeline
• Evaluate potential successors or buyers
• Prepare the business financially for transition
• Coordinate with legal and valuation professionals
• Develop a strategic tax plan for ownership transfer
• Align retirement income and estate plans with the business exit

Succession isn't just a future event. It's a process. We help you plan that process with intention so your business legacy endures.

Non-profit organizations face unique financial challenges - from donor reporting to compliance with state and federal regulations. We offer tailored support for 501(c)(3)s and other nonprofit entities to help you stay focused on your mission.

Our services include:

• Bookkeeping and fund accounting setup
• Preparation of Form 990 and required state filings
• Donation tracking and restricted fund oversight
• Budgeting and financial planning for boards
• Grant compliance tracking and reporting
• Internal controls guidance and financial policy review

Whether you're a new nonprofit or an established organization, we provide reliable support to ensure transparency, compliance, and sustainability.