Business Details
23 Years
experience
Trusted Accounting Services for Small Businesses in Madison
Established in 2003, LKM Accounting Service specializes in providing tailored accounting solutions for small businesses and entrepreneurs. Our approach combines hands-on expertise with a client-centric philosophy, treating each client's business as if it were our own. With over 15 years of experience, we offer bookkeeping, payroll, tax preparation, and financial reporting services designed to simplify operations and empower informed decision-making.Our team understands the unique challenges faced by small businesses, having grown from a home-based operation to a trusted local partner. We prioritize personalized attention, transparent pricing, and proactive guidance to help clients navigate financial complexities and achieve long-term success.
Services
Bookkeeping
Payroll Services
Tax Preparation
Financial Reporting
Business Consulting
Details
- Year established: 2003
Highlights and features
- 15+ years of specialized experience with small businesses and startups
- Personalized service tailored to your unique business needs
- Transparent pricing with no hidden fees or gimmicks
- Proactive financial guidance to support business growth
- Local expertise with deep understanding of Wisconsin business regulations
What people say
Fantastic addition to our business
Surpassed my expectations
Valued consultant
Precise and time-efficient
Great problem-solving skills
Services
Bookkeeping
Our bookkeeping services ensure accurate and timely recording of all financial transactions, including purchases, sales, receipts, and payments. We provide regular reconciliation of bank and credit card accounts, cash flow analysis, and accounts payable management. Our systematic approach helps businesses maintain organized financial records and make informed operational decisions.
Payroll Services
We handle complete payroll processing including tax registrations, employee payments, and tax return filings. Our services ensure compliance with all regulatory requirements while maintaining confidentiality and accuracy. We manage all aspects of payroll administration so business owners can focus on core operations without worrying about payroll complexities.
Tax Preparation
Our tax preparation services cover personal and business returns with electronic filing options. We stay current with annual IRS code changes to maximize deductions and ensure compliance. We provide clear explanations of all tax documents and work closely with clients and their CPAs to ensure accurate and optimized tax filings.
Financial Reporting
We create comprehensive financial reports that help business owners understand their financial position. Our reports include cash flow analysis, expense tracking, and profitability assessments. These insights enable informed decision-making and help identify opportunities for business growth and operational improvements.
Business Consulting
We provide strategic guidance for business formation, structure selection, and operational setup. Our consulting services help entrepreneurs navigate regulatory requirements and establish effective financial systems. We offer ongoing support to help businesses adapt to changing needs and achieve long-term success.
People
Lisa McConkey
Owner
With over 30 years of accounting experience, Lisa founded LKM Accounting Service in 2003 after working with major entertainment companies in Los Angeles. She specializes in small business accounting and has helped numerous entrepreneurs establish and grow successful businesses through personalized financial guidance.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, tax preparation, financial reporting, and business consulting services tailored to small businesses and startups.
How do you help businesses save time and money?
We handle all financial operations efficiently, implement systems to prevent errors, and identify tax deductions to reduce liabilities while allowing business owners to focus on core operations.
What makes your services different from online accounting platforms?
We offer personalized, local expertise with face-to-face support and customized solutions that address specific business needs rather than generic automated services.
How are your service fees structured?
We charge fixed hourly rates initially, with options to establish predictable monthly fees once we understand your specific accounting requirements and volume.
Do you work with businesses outside Wisconsin?
While based in Madison, we serve clients throughout Wisconsin and can assist with multi-state tax filings and reporting requirements as needed.
Can you help new businesses get started?
Yes, we assist with business structure selection, tax registration, accounting system setup, and ongoing financial guidance to help new businesses establish strong foundations.
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