Year-End Bookkeeping for Your CPA in Midvale, UT
Months that slipped caught up, the year closed and a package handed to your CPA, from a QuickBooks ProAdvisor in South Jordan.
- Based in South Jordan, UT
- Melanie is your contact
- Call or email
Bookkeeping for Midvale businesses
Midvale was founded in 1909 and was first known as Bingham Junction, a midpoint on the rail lines connecting the Bingham Canyon and Little Cottonwood Canyon mining areas. The city's economic development office now counts around 1,300 businesses inside its six square miles. Ivory Balance Books serves Midvale businesses remotely from South Jordan.
Melanie Mathews, the founder and a QuickBooks ProAdvisor, works with owners who have outgrown basic bookkeeping. When the books slip in spring, the cost tends to arrive at year end. The missing months have to be rebuilt before a CPA can start, and in Midvale the license renewal comes due in the same weeks.
Year-End Books for Your CPA in Midvale
December reconciled, the year closed and a package your CPA can open and file from, one per entity when there is more than one. The return itself stays with your CPA. See year-end CPA package.
Catching Up Books Before Year End in Midvale
Books that stopped partway through the year are rebuilt month by month from bank and card statements, then reconciled and brought current before the close. See historical cleanup.
1099 Filing in Midvale
Contractor payments logged through the year, so 1099s are prepared and filed well before the January deadline. See 1099 filing.
Monthly Bookkeeping in Midvale
Once the books are current, every bank and card account is reconciled each month and the month closed by the 10th, so the next year end starts from clean books. See monthly bookkeeping.
Renewal due at year end, past due after January 15
Midvale's renewal page says most city business licenses expire on December 31. The fee for each calendar year is due at the end of the year and is considered past due after January 15. Landlord business licenses run on their own cycle, expiring August 31 and due no later than September 15. Online renewal asks for the business account number, which is found on the current license.
For the books, that puts the renewal inside the year-end close. A business that is current by November has December for review, the renewal and the CPA package. One whose books stopped in June has six months to rebuild in those same weeks. Starting the catch-up in the fall keeps the cleanup out of December.
A sale or a move closes the license
Midvale ties each license to one owner and one place. When a business changes ownership, the city's licensing FAQ says the current license is closed and the new owner applies for a new one. A move within Midvale works the same way: the license for the old location is closed, a new one is applied for at the new address, and new inspections are required. The city also requires a separate license for each type of business and each place of business.
Either change splits the year at a date. A CPA will want to see that date, the cost of the new application and inspections, and which transactions fall on each side of it. Recorded in the month it happens, it is a short note in the ledger. Reconstructed in December from bank statements, it becomes a search.
The application asks for the papers your CPA needs
Midvale's licensing steps start with verifying zoning at the location, then registering the business name, tax ID number and sales tax number with the State of Utah, then submitting the city application. All inspections must be passed before a license is issued. The city's home business application checklist asks for proof of registration with the Utah Department of Commerce, a Certificate of Organization for LLCs and corporations, a state sales tax number for businesses selling tangible products, and proof of a federal EIN, which the form says every person who pays wages to one or more employees must apply for.
Those papers come back at year end, when a CPA needs the entity type, the EIN and the sales tax account to match the books. Kept in one folder beside the ledger, they turn a year-end request into a quick reply.
How do I choose a bookkeeper in Midvale, UT?
Look for one who can rebuild the months that slipped, reconcile every account and hand your CPA a package they can file from. Ivory Balance Books is Melanie Mathews' done-for-you practice in South Jordan. She is a QuickBooks ProAdvisor, books close by the 10th, and the engagement is month-to-month. Call (385) 257-9602.
Midvale Bookkeeping FAQs
When do Midvale business licenses expire?
Most expire on December 31, and the fee for the calendar year is considered past due after January 15 (Midvale City). Landlord business licenses expire August 31 and are due no later than September 15.
Does a new owner need a new Midvale license?
Yes. Midvale licenses are non-transferable between owners or locations. According to the city's FAQ, the current license is closed and the new owner applies for a new business license.
Can you catch up my Midvale books before year end without meeting in person?
Yes. Historical cleanup runs remotely from South Jordan, the same as the monthly work, for businesses across Salt Lake and Davis County, plus clients nationwide.
How do I get started?
Book a 15-minute discovery call, call (385) 257-9602, or send a message from the contact page. The call is complimentary, and Ivory Balance Books replies within one business day.
Keep Exploring
Where to Next
Keep reading, or get in touch and tell us where your books stand.