Business Details
9 Years
experience
Trusted Accounting Services in Lexington, KY
Innovative Accounting was founded in 2017 with a mission to empower business owners through financial clarity and strategic support. Our team of certified QuickBooks ProAdvisors and CPAs specializes in bookkeeping, tax preparation, and financial analysis tailored for small businesses, real estate professionals, and contractors. We prioritize technology-driven solutions to streamline accounting processes, ensuring accurate reporting and proactive tax planning.With a focus on personalized service, we assign dedicated bookkeepers and CPAs to each client, fostering long-term partnerships built on trust and transparency. Our commitment to continuous training ensures our team stays ahead of industry standards, delivering reliable insights that help clients make informed decisions. By handling complex financial tasks, we enable entrepreneurs to focus on growth while maintaining compliance and optimizing profitability.
Services
Bookkeeping Packages
Tax Preparation
QuickBooks Cleanup
Financial Analysis
Sales Tax Management
Payroll Support
Budget Planning
Cash Flow Forecasting
Business Advisory
Tax Strategy
Details
- Year established: 2017
Highlights and features
- We provide regular financial statements for informed decision-making.
- Our team offers consistent communication within 1-3 business days.
- We combine tax preparation with year-round strategic planning.
- We utilize Practice Protect for advanced cybersecurity and data protection.
- Our CPAs perform extensive reviews to maintain industry-leading accuracy.
Associations and certifications
- QuickBooks Advanced ProAdvisor
- Certified Public Accountant (CPA)
What people say
Company exploded growth
Impressive response times
Cutting edge technology
Very knowledgeable CPAs
Easy reporting tools
Services
Bookkeeping Packages
Our tiered bookkeeping solutions handle transaction posting, reconciliations, and financial reporting. Certified ProAdvisors use cloud-based systems to maintain accurate records, while CPAs review accounts monthly. Services scale from basic needs to advanced forecasting for growing businesses.
Tax Preparation
We prepare individual and business tax returns with extensive review processes. Our team identifies deductions, ensures compliance, and provides projections through Tax Planner Pro. Services include 1040, 1120, 1065 forms and state filings for small businesses.
QuickBooks Cleanup
We correct inaccurate records by reconciling accounts, fixing categorization errors, and validating balances. Our specialists restore QuickBooks data integrity for periods ranging from one year to complex multi-year cleanups with fixed pricing.
Financial Analysis
Monthly and quarterly financial packets include KPIs, executive summaries, and variance analysis. We use Futrli and Fathom to create visual reports that track business performance against budgets and industry benchmarks.
Tax Strategy
Annual tax strategy reviews identify savings opportunities through real-time projections. Our CPAs develop year-round plans to minimize liabilities, leveraging software integrations for scenario modeling and cash flow optimization.
People
Bethany Galguera
Owner & Certified Public Accountant
Bethany founded Innovative Accounting in 2017 after working with businesses of all sizes. She leverages 15+ years of experience to provide strategic financial guidance, specializing in tax optimization and business growth planning for small enterprises.
Jade Casiano
Senior Bookkeeper
Jade brings a decade of office management experience to her role as Senior Bookkeeper. Certified as a QuickBooks Advanced ProAdvisor, she specializes in streamlining accounting processes and delivering accurate, timely financial records for growing businesses.
Questions
What accounting software do you use?
We specialize in QuickBooks Online and integrate with tools like Practice Protect, Futrli, and Tax Planner Pro for enhanced security and financial forecasting capabilities.
Do you handle sales tax filings?
Yes, our Standard and Elite packages include sales tax management services with nexus reviews, compliance monitoring, and payment processing support.
Can you help with business budgeting?
Our Elite package includes annual budget creation with variance analysis. We also offer standalone budgeting services using Futrli software for dynamic scenario planning.
What industries do you specialize in?
While serving diverse small businesses, we have specialized expertise in real estate, construction, and professional services through our Industry Edge service tier.
