All Services

Handling your accounting and tax department requires a skilled, dependable, and trustworthy team. At CommonWealth, we take pride in implementing the highest quality work to provide exceptional services. At our central office in Dearborn, Michigan, The CommonWealth Group will work effectively and in a timely manner to help you maximize your tax savings and increase your business's valuation by implementing your accounting and tax system.

Book a Strategy Session

Accounting & Bookkeeping

Accounting and bookkeeping are not data entry at our firm. Our team of tax professionals analyzes all of your numbers and creates reports that allow us to save you tax dollars. Your accounting system is the heart of your business. We proudly handle your accounting internally and do not offshore your data.

Client Meeting

Managerial Optimization

Streamline internal bookkeeping, collection of income, payment of expenses, banking and payroll, saving you time and money

Financial Statements

Receive your financials on a monthly or quarterly basis. Financials such as the balance sheet, profit and loss, and statement of cash flows are your business report card and are the first step required for tax planning and tax savings.

Analyze Margins

Objectively measure success by analyzing revenue, expenses, and profitability margins

Financial Meetings

Monthly or Quarterly meetings to analyze your financial statements together. During our review, our tax professionals meet with you to discuss your business performance, analyze your margins, determine your tax liability, and recommend ways to reduce your tax liability aligned with your financial
goals.

Budget Forecasting

Generated from your business margins and compared to industry averages to forecast growth

Decision Making

As your financial team, we will help you make decisions such as investing in real estate or a new business. We will also help determine the exact amount of taxes you owe and pay them on your behalf electronically.

Tax Preparation

At CommonWealth, we file tax returns for businesses and individuals nationwide. Our primary focus is on business owners. We only file individual tax returns for our clients, and we have prepared their business taxes. We offer the quality and personal attention necessary to maximize eligible credits and deductions.

Tax Planning

Ensuring accurate financials and tax planning strategies are implemented each quarter.

Tax Review

Annual meeting recapping business performance, tax liabilities and future projections.

Tax Filing

Timely filing and payment of corporate and individual tax returns by due date.

Estimated Tax Payments

Scheduling and paying income tax estimates quarterly for individuals and business owners.