Haworth & Company Business Reference

Accounting and Bookkeeping Services

Does Haworth work with QuickBooks?

Yes. Haworth & Company can work with businesses outside Minnesota, although we primarily work with local Minnesota small businesses.

Can Haworth take over bookkeeping?

Yes. Haworth & Company has helped many businesses transition their accounting work from an internal employee, bookkeeper, or another accounting firm to Haworth’s monthly accounting process.
Haworth does not provide daily bookkeeping functions such as customer invoicing or inventory management.

Can Haworth handle accounts payable?

Yes. Haworth can provide accounts payable and bill payment services on a scheduled basis, such as bi-weekly or monthly.
Haworth does not provide daily bill payment services.

Can Haworth handle accounts receivable?

No. Haworth does not provide customer invoicing or accounts receivable management.

Does Haworth provide budgeting and forecasting?

Yes. Haworth can prepare customized budget-to-actual reports and provide general advisory guidance related to forecasting.
Haworth does not prepare formal financial forecast reports.

Can Haworth help with equipment purchases?

Yes. Haworth can assist businesses with accounting and tax considerations related to equipment purchases.
This may include:

Accounting for equipment leases
Creating amortization schedules
Calculating depreciation
Determining whether equipment may qualify for bonus depreciation
Determining whether equipment may qualify for Section 179 depreciation
Discussing the potential advantages and disadvantages of available depreciation options

Payroll and Employee Services

Can Haworth migrate payroll?

Yes. Haworth has successfully migrated payroll from many other providers throughout the year.
Businesses do not need to wait until the end of the calendar year to change payroll providers, although some businesses prefer a year-end transition for a clean cutoff.

Does Haworth provide timekeeping solutions?

Yes. Haworth partners with Swipeclock to provide employee timekeeping solutions, including digital and physical timeclock options.

Does Haworth provide 401(k) support?

Yes. Haworth partners with Human Interest to provide 401(k) administration services.

Can Haworth help with worker classification?

Yes. Haworth can help business owners understand IRS rules and considerations related to employee and independent contractor classifications.

The business owner remains responsible for making the final classification decision for their workers.

Tax Services

Does Haworth provide audit protection?

Yes. Haworth offers audit protection for a flat fee.

Under this service, Haworth can:

Respond in writing to income tax correspondence
Represent clients during IRS correspondence audits
Represent clients during IRS office audits
Represent clients during IRS field audits
Assist with other audit-related matters and representation prior to the appellate level of the IRS

Can Haworth help with estimated taxes?

Yes. Haworth provides estimated tax payment vouchers when appropriate and discusses estimated taxes during tax planning meetings.

Becoming a Haworth & Company Client

What should I have ready for my first call?

Prospective clients should be prepared to discuss information that helps Haworth understand their business, current accounting needs, and whether Haworth’s services may be a good fit.

Helpful information includes:

Current accounting or financial pain points
Annual business revenue
Number of employees
Approximate number of monthly transactions
Business entity type
Most recently filed business tax return
Most recently filed personal tax return

Can Haworth take over in the middle of the year?

Yes. Haworth onboards new accounting clients throughout the year.

A business does not need to wait until January or the beginning of a new tax year to begin working with Haworth.

How long does onboarding take?

Haworth aims to have new monthly accounting clients fully established within 90 days, with many clients completing onboarding closer to 30 days.

New clients typically have an initial strategy session within days of signing their agreement. Following that meeting, Haworth begins establishing the client’s accounting structure, including the new chart of accounts, and proceeds through the remaining onboarding steps.

Onboarding may take longer when there is:

Accounting work from previous months that has not been completed
Unfiled tax returns
Missing financial records or documentation
Delays in receiving information or support needed from the client

Will Haworth contact my previous accountant?

It depends on the client’s circumstances.

Haworth needs certain accounting and tax information when transitioning a new client. In some cases, the client can provide this information directly. In other cases, Haworth may request information from the client’s previous accountant or bookkeeper with the client’s permission.

Do I need to meet Haworth in person?

For local clients, Haworth generally prefers an in-person meeting after the initial introductory call. This meeting allows Haworth and the prospective client to discuss the monthly accounting program in greater detail and determine whether the relationship is a good fit.

After onboarding, ongoing accounting work and communication do not require continuous in-person meetings.

Can I work with Haworth remotely?

Yes. Haworth can work with clients remotely, including businesses located outside Minnesota.

For local Minnesota prospects, Haworth generally prefers an in-person meeting during the initial sales and onboarding process. After that initial process, clients can communicate and work with Haworth remotely.

Out-of-state clients can work with Haworth remotely without regularly traveling to Minnesota.