John Charles Payne, CPA, LLC – Greenville, SC

General Questions

What types of clients do you work with?
We specialize in serving small businesses, entrepreneurs, high-net-worth individuals, nonprofits, healthcare providers, contractors, and families in Greenville, SC and surrounding areas.

Are you licensed to work in states other than South Carolina?
Yes. JC Payne, CPA, is licensed in both South Carolina and North Carolina.

Do you offer free consultations?
Yes. We offer a free initial consultation to discuss your needs and explore how we can help.

How quickly can I expect a response after contacting you?
We respond within one business day.

Can you work with businesses remotely?
Yes, we use secure technology to support clients both locally and out-of-state.

Small Business Owner Services

How soon should I set up bookkeeping after starting my business?
Ideally, right away—this ensures accurate financial records from the start and helps avoid compliance issues.

Can you help me choose the right business entity?
Absolutely. We’ll assess your goals, liability concerns, and tax implications to recommend the best structure.

Do you provide payroll tax assistance?
Yes, we handle payroll tax filings to keep your business compliant.

What industries do you serve?
We work with retail, construction, healthcare, nonprofits, professional services, and more.

How often will I receive financial reports?
We provide monthly summaries and can create custom reports on request.

Audits, Reviews & Compilations

What’s the difference between an audit, review, and compilation?

• Audit – Highest assurance; thorough testing of records.

• Review – Limited assurance using analytical procedures.

• Compilation – Preparation of statements without assurance.

When is an audit required?
Lenders, investors, or regulatory agencies often require audits for certain organizations.

Can compilations be used for financing?
Some lenders accept them; others require higher assurance.

How long does an audit take?
Timelines vary by complexity, but generally range from weeks to months.

How can I prepare for an audit?
Maintain accurate bookkeeping and organize all supporting documentation.

Tax Planning, Compliance & Preparation

When should I start tax planning?
Tax planning should be ongoing throughout the year for maximum benefit.

How can I reduce my tax liability?
We use a combination of deductions, credits, timing strategies, and entity structuring.

What is “nexus” and why does it matter?
Nexus is your business’s tax presence in a state. It determines where you must file and pay taxes.

Do you provide IRS audit support?
Yes, we represent clients through IRS and state audits.

Which business entity is most tax-efficient?
This depends on your income, goals, and risk tolerance—we’ll recommend the best option after review.

Accounting Services

How often should bookkeeping be updated?
Monthly updates are best to keep your records accurate and avoid surprises.

Can you help me set up QuickBooks™?
Yes, we offer consulting, setup, and training.

Why are depreciation schedules important?
They track asset value for accurate reporting and tax deductions.

How do financial statements help my business?
They provide insight into financial health and are often required by lenders.

Can you manage payroll taxes?
Yes, we handle all payroll tax reporting and compliance.

Divorce Financial Services

How can a CPA help during divorce?
We provide tax and financial analysis, helping you make informed decisions.

When should I hire a divorce financial advisor?
Early in the process, to guide negotiations and protect your financial future.

Do you work with attorneys?
Yes, we collaborate closely to ensure your legal and financial strategies align.

What documents will I need?
Tax returns, bank statements, asset valuations, debt records, and income documentation.

Can you help after the divorce is finalized?
Yes, we offer post-divorce budgeting, investment planning, and financial goal setting.

Pricing & Engagement

Do you offer fixed monthly pricing?
Yes, our service tiers start at $1,000/month and scale based on scope.

Is there a minimum contract term?
Yes, most engagements have a 12-month minimum for consistency and value.

What’s included in the Compliance & Small Business Coaching tier?
Tax prep/planning, accounting support, technology support, and quarterly coaching.

What if I need more hands-on help?
Our higher tiers include full-service accounting, controllership, and in-person meetings.

Do you charge separately for consulting?
Growth Consulting is priced separately from monthly compliance packages.

Still Have Questions?

Contact us at jc@jcpaynecpa.com or Schedule Your Free Consultation to get personalized answers.