MB Accounting Group LLC

Profile set up by Edverise AI

Set Up By Edverise AI

Edverise AI built this profile by analyzing thousands of data points across the web. If you own this business, become an Edverise partner to manage and update your profile.

Become an Edverise Partner

Overview

$50 - $99/hr

Avg Hourly Rate

10 - 49

Employees

2021

Year Founded

ABOUT MB ACCOUNTING GROUP LLC

Your books, our priority.

Become one of the many clients who rely on our tailored bookkeeping, CFO, and tax services to concentrate on what truly matters—growing their business. Collaborate with us, and allow our skilled financial management to pave the way for your success through our professional and competitively priced online accounting.

Languages Spoken

English

HIGHLIGHTS

$50 - $99/hr

Avg Hourly Rate

10 - 49

Employees

2021

Year Founded

Services

Focus

Industries

Clients

Services Provided

69% Accounting Services

20% CFO Services

11% Tax Preparation Services

About the Team

OUR STORY

MB Accounting Group is dedicated to empowering growing businesses by offering expert remote bookkeeping supported by professional accountants and advanced financial technology. With offices in the USA and Europe, they provide personalized, precise handling of bookkeeping, tax preparation, and financial analysis, allowing clients to focus on business growth. The team consists of QB Certified Pro Advisors and IRS-registered tax specialists who deliver tailored solutions and proactive strategies, ensuring anticipated challenges are managed early. MB Accounting Group prioritizes maximizing tax savings and offers flexible remote services designed for today’s fast-paced environment. Committed to building close relationships and exceptional service, they act as an essential partner invested in each client's financial health and success.

Portfolio

Full-Service Bookkeeping & Tax Support

Unknown

MB Accounting Group was hired by a U.S.-based e-commerce firm that had outstripped its previous accounting framework and required a reliable partner for financial management. The client operated through various sales platforms (Shopify, Amazon, Stripe) and faced challenges such as disorganized financial records, delayed reporting, and uncertainty regarding tax responsibilities. We commenced by thoroughly cleaning up over 48 months of accumulated data, categorizing thousands of transactions, reconciling accounts, and rectifying misclassifications. After bringing the financial records up to date, we established a monthly bookkeeping process to maintain accuracy and transparency moving forward. Our team provided monthly financial statements, which encompassed profit and loss, balance sheet, and cash flow insights, all tailored to accurately represent the client’s financial status. Additionally, we prepared and submitted all required tax documents, including 1099s for contractors, and offered advisory support during important financial decisions. We collaborated closely with the client’s team for smooth cooperation, utilizing tools like Google Drive for document sharing and ensuring proactive communication regarding upcoming deadlines and reports. Goals: - Clean up over 48 months of financial data - Establish proper categorization and reporting structure - Deliver consistent, accurate monthly financials - Ensure compliance with tax obligations and reporting deadlines Deliverables: - Comprehensive cleanup and restructuring in QuickBooks Online - Ongoing monthly bookkeeping and account reconciliation - Customized monthly reporting package - 1099 filings and tax assistance via ProConnect - Strategic financial insights to aid business decisions Tools Used: QuickBooks Online, ProConnect, Gusto, Stripe, Shopify, Amazon Pay, Google Drive

Trust Accounting & Full-Scope Bookkeeping

Unknown

MB Accounting Group collaborated with a large U.S. law firm that operates across several states, handling a considerable number of client trust (IOLTA) accounts and various business transactions. The firm struggled to adhere to legal trust accounting regulations, manage retainers, and reconcile numerous operating and trust bank accounts. Our engagement commenced with a thorough review and cleanup of their current trust ledgers and general ledger, rectifying years of incorrectly classified transactions and trust issues. We established a systematic approach to ensure that all client funds were accurately tracked, separated, and reconciled in line with state bar requirements. Beyond trust accounting, we also took care of the firm's daily bookkeeping, payroll coordination, expense monitoring, and monthly financial reporting. We collaborated closely with the client’s internal administration and partners to enhance financial transparency while ensuring compliance. Additionally, we prepared financial statements for the firm's CPA during tax season, providing year-end assistance and 1099 filings, thereby fulfilling both operational and client trust obligations. Goals: - Ensure compliance for trust and operating accounts - Implement detailed tracking of client ledgers for IOLTA funds - Provide accurate, audit-ready financials - Maintain monthly reconciliations and reports for various entities and bank accounts Deliverables: - Cleanup and categorization of financial data from multiple years - Monthly three-way trust reconciliations - Detailed maintenance of client-level trust ledgers - Operating bookkeeping and financial reports - 1099 filing and year-end preparation - Collaboration with CPA for tax readiness Tools Used: - QuickBooks Online Advanced, Clio, LawPay, Gusto, Excel, Google Drive

Projects & Clients

Project Size & Rate

Average Hourly Rate

$50 - $99/hr

Pricing Snapshot

Min Project Size

N/A

Avg Hourly Rate

$50 - $99/hr

Cost Rating

N/A

What Clients Have Said

"MB Accounting Group LLC delivers quality projects within budget and timeline expectations based on verified client feedback."

Based on verified reviews and internal benchmark data

PROJECT BUDGETS

No budget data yet — reviewers either haven't shared a project budget or kept theirs confidential.

Select a service

Accounting Services

CFO Services

Tax Preparation Services

Locations

Headquarters

7023 N Albina Ave

Portland, Oregon, United States 97217

+12403895779

Reviews For MB Accounting Group LLC

Submit A Review

No Reviews Yet

Be the first to share your experience working with MB Accounting Group LLC.

Write a Review