Magistral Books is an accounting firm offering bookkeeping, payroll, taxes, financing, CFO services and more.
Our team of certified bookkeepers and CPAs is here to help you get accurate financial reports, be compliant with your tax filing requirements and help your company grow.

At Magistral Books, we really care about your success.

Beyond simply preparing tax forms, we can help you with:

• Bookkeeping Setup & Review – Installing, setting up, or reviewing your accounting system to ensure accuracy and efficiency.

• Year-Round Business Planning – Providing proactive guidance to help you make informed financial decisions throughout the year.

• Recordkeeping Compliance – Ensuring your books and records are organized and compliant with regulatory requirements.

• Tax Strategy & Analysis – Reviewing your situation to identify tax-saving opportunities and optimize your overall strategy.

• IRS Compliance & Risk Mitigation – Helping you stay compliant and avoid potential issues with the Internal Revenue Service (IRS).

Our team is experienced, reliable and has expertise and professionalism.
Our firm is licensed and authorized to file taxes and has a good history with the Internal Revenue Service (IRS)

A CPA can help you better manage your and/or your business finances and give you relevant advice. Usually, CPAs help with tax preparation, auditing, retirement planning, estate planning, bookkeeping, payroll management, investment management, business planning, business analysis, and business financing.

We only serve clients who can work with us using online tools.
We do not meet clients in person and only use technology to communicate with our clients (Email, Phone, Webcam, Zoom, etc.).

Yes, we do.

Contact us by phone, whatsapp or email and we will schedule a Free consultation with a team member in order to learn more about you, your business and your unique needs.

If you agree to the terms, we will be able to start working on your business needs the same day.

1) We get to know you, your business and your needs. There is no fee and this is a no commitment consultation.
2) We assess the current status of your records
3) We set up your accounting software and clean up your records if required
4) We provide you ongoing bookkeeping and complete any required tax filings
5) We give you relevant advice to help you grow your business

• Location Independence
• Money/Cost Savings
• Better Work-Life Balance
• Less Commute Stress
• Improved productivity

You can know more about our packages on our pricing page.

For business services (monthly bookkeeping, tax, payroll, etc.), you will simply pay the fixed fee based on the plan you have chosen.

For “Clean Up” services, our fee is always discussed in advance so you always know what you will be paying.

Magistral Books is risk free. No long term contracts. No termination fees.

We collect a 50% deposit upfront, bill the remainder when the work is done before e-filing your return.

Pricing is typically based on complexity of the tax return to prepare. A simpler tax return to prepare will be less expensive than a complex one.

• The number of months or years that need to be cleaned up
• The number of missing transactions that need to be added to the accounting system
• The size of the gap that exists between the bank and credit card account balances and your accounting statements
• The size of the gap that exists between your accounting records and your last filed tax return
• The size of the gap that exists between your payroll expenses and your filed payroll tax returns

Our fee is always discussed in advance so you always know what you will be paying.

1) You can catch and fix any mistakes earlier
2) You are less likely to be audited by the Internal Revenue Service (IRS)
3) You get your refund sooner

Ideally, you should save receipts for any costs that you plan to deduct from your annual taxable income.
It is a good idea to keep your receipts for charitable donations receipts, gas, taxi fare to business meetings, materials, client dinners, business necessities, etc.

Here are some options:
1) Take out a small loan from your bank
2) Use your credit card or line of credit
3) Negotiate with the Internal Revenue Service (IRS) to pay in installments

• Some vehicle expenses
• Equipment and tools directly related to your business retirement contributions
• Cell phone expenses
• Health insurance premiums
• Home office expenses
• Etc.