Adult Foster Homes

Did you know that as an owner/provider of an Adult Foster Home

(if the  AFH is your sole and primary living place for you and your family)
That you don’t have to pay any taxes on any portion of the Medicaid Service Payments!

It’s honestly one of the best tax free income sources available

We provide professional accounting services for
Adult Foster Homes & their Providers. All bundled together.

Bookkeeping & Accounting

Our services include monthly accounting. We do not just do bookkeeping - we also file and pay sales tax, track revenue, and KPI’s (Key Performance Indicators). Consider us your behind the scenes, Chief Financial Officer - providing a similar level of service to you. We handle data integration, expense management, as well as expense maximization.

Payroll

We take care of your entire payroll system - from employee onboarding, to processing an unlimited number of pay runs, all the way through the employee either leaves or is let go. We are there every step of the way. You simply send us the email address for your employees, as well as their rate of pay, and we handle the rest. Our payroll service even includes a time-keeping app and portal to access paystubs, change their address, or even update their W-4.

Tax Preparation - Both For Your
Business & Individual Tax Return

We are not your typical accounting firm. We do not accept clients off the street like your neighborhood accounting firm. We specialize in the healthcare industries, with Adult Foster Cares being one of main focuses. On top of all the other services include, we also handle both your individual & business tax returns. You won’t have to worry about a tax prep bill from us once per year. It is all included in your flat monthly rate.

Tax Planning & Business Advisory

Too many people decide not to involve their tax professional or their accountant in any financial decisions because they fear getting a bill. Our bundles include unlimited access for questions and financial advice. With PlentyBooks, you get unlimited access to our tax professionals for questions and financial advice. We meet with you quarterly but if you need more individual attention, our system is built for your success.

Let's be honest...

Being  an Adult Foster Home Provider has a ton of perks… you get to care for people who really need it, depending on the level of care your home is, you probably get a lot of down-time… But if you aren’t taking advantage of the tax laws that provide relief to Adult Foster Homes, you have probably quickly realized that taxes aren’t one of the benefits. 

Taxes are most likely your Single Biggest Expense as an Adult Foster Home provider.

If you are ready to keep more of your hard-earned money in your pocket, then you’ve come to the right place…

The biggest opportunity is to reduce your taxes now!

There have been a lot of changes to the tax code, and it will take one of our tax specialists to make sure you are taking full advantage of every tax planning opportunity. 

We specialize in helping Adult Foster Home providers uncover:

Try our services risk-free...

We will never recommend our services if we are not the best solution for you.

Try Plentybooks risk-free. If you aren’t 100% satisfied after the first month of using our services, we will give you a full refund.

Custom Pricing

If you own more than one business, you'll receive a customized package to cover each business' needs.

Scalable Plans

We review your plan annually to make sure we have you covered as your needs change.

Cancel Any Time

We never lock you in, even if you prepay annually. We also make it easy to transfer your data out.

Responsive Support

Every plan includes a dedicated account manager that is your main contact and keeps you up to date on all your financials.

Catch-Up Bookkeeping

Behind on your books? We specialize in helping businesses get caught up on their books and any un-filed tax returns.

Effortless Data Transfer

Our services sync with most major banks and leading payment platforms to gather your financial data.

Each of are strategies will help increase your income and wealth...

It’s true; the quickest, easiest way to increase your income is to keep more of the money you make. 

It’s not finding more customers or creating new services. Or even cutting costs. 

Especially as an Adult Foster Home, since like most, you are possibly limited to the number of residents you can even have.

In fact, sometimes it’s just about checking the right box or sending in the right form.

Take for example, the case of potentially switching your tax form (selecting a business structure) to one that always owes less tax. 

This is what we do for our clients we help them save thousands every year!

 

Get Your FREE Money & Tax Playbook for 2022

Our Monthly Bundled Accounting Services and Tax Savings Strategies are for YOU if you are...

Are you ready to reduce your stress and keep more of your hard earned money during tax time?

Yes, I'm ready!

At Plentybooks, our tax plans and monthly accounting bundles are designed with you and your business in mind to help YOU save the most amount possible on your taxes. 

Simplify managing your finances by hiring our firm to do it all – bookkeeping, payroll, and taxes, all in one place.

We’re tax professionals experienced in tax laws and are here to help guide you through tax season and beyond.

Schedule a discovery meeting today! We’ll review your business entity structure, accounting system, and tax strategy to make sure you’re maximizing profits and cash flow while minimizing taxes and risk. 

Or explore a couple of our Bundled Packages below to get a better idea of what is all included.

Adult Foster Home
Bundled Accounting Services

Our bundles packages are customized

to your business’ needs, complexity, number of monthly transactions, etc.

Below are examples of what you could expect:

  • Established - Adult Foster Home Bundled Plan
  • Starting at $650/mo
  • This plan is typically best for an Adult Foster Home business running a single home and bringing in gross receipts of about $17,000 per month and has between 1 to 3 employees.

    Bookkeeping Services

    • QuickBooks Online Subscription
    • Categorize Transactions & Reconciling for up to 4 Financial Accounts
      (For example: two bank accounts and two credit cards)
    • Chart of Accounts Management
    • Monthly Financial Reports

    Payroll Services

    • Set up a payroll solution for you and your employees
    • Prepare and Process Payroll for any Pay Schedule
    • Direct Deposit of Employee's Pay
    • Online Portal for Paystubs
    • Calculate, Review, and File your Federal & State Payroll Tax Returns
    • Calculate and Remind Owners of Estimated Quarterly Tax Payments

    Tax Prep Services

    • Provide guidance & support at tax time to gather your docs
    • Prepare your Personal Federal and State Tax Return
    • Prepare your Adult Foster Home Business Tax Return
    • Review Session
    • e-File and Submit your Tax Returns

    Tax & Business Advising Services

    • Unlimited Portal, Email, Text, & Phone Support
    • Provide Advice and Strategies to save you money on your taxes
    • We employ only Legal, Moral, Ethical Tax-Saving Strategies
    • Prepare a Tax Plan and provide continual support throughout the year
    • We guarantee to find at least $5,000 in annual Tax Savings
  • Next Level Growth - Adult Foster Home Bundled Plan
  • Starting at $1,250/mo
  • This plan is typically best for an Adult Foster Home business running multipole AFH's and  bringing in gross receipts of about $35,000 or more per month and has between 3 to 5 employees.

    Bookkeeping Services

    • QuickBooks Online Subscription
    • Categorize Transactions & Reconciling for up to 4 Financial Accounts
      (For example: two bank accounts and two credit cards)
    • Chart of Accounts Management
    • Monthly Financial Reports

    Payroll Services

    • Set up a payroll solution for you and your employees
    • Prepare and Process Payroll for any Pay Schedule
    • Direct Deposit of Employee's Pay
    • Online Portal for Paystubs
    • Calculate, Review, and File your Federal & State Payroll Tax Returns
    • Calculate and Remind Owners of Estimated Quarterly Tax Payments

    Tax Prep Services

    • Provide guidance & support at tax time to gather your docs
    • Prepare your Personal Federal and State Tax Return
    • Prepare your Adult Foster Home Business Tax Return
    • Review Session
    • e-File and Submit your Tax Returns

    Tax & Business Advising Services

    • Unlimited Portal, Email, Text, & Phone Support
    • Provide Advice and Strategies to save you money on your taxes
    • We employ only Legal, Moral, Ethical Tax-Saving Strategies
    • Prepare a Tax Plan and provide continual support throughout the year
    • We guarantee to find at least $5,000 in annual Tax Savings

To receive a quote specific to your business – Schedule an Appointment below or call us at (541) 690-8711.

Schedule an Adult Foster Home
Accounting Services Bundle Discovery Call