Stress-Free Financial Statement Preparation in Houston
Secure loans, attract investors, and gain total clarity on your performance. We turn your raw data into professional, compliant financial statements that command respect and drive results.
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Personalized, Stress-Free Tax Services from a Trusted Local Firm
At Molen & Associates, we don’t just prepare your taxes—we prepare you for what’s next. With over 45 years of experience serving individuals and businesses in Houston, we know the ins and outs of the tax code and how to put it to work for you. Whether you’re a small business owner, self-employed, or a busy individual, our tax preparation services are built to save you time, reduce your tax bill, and give you confidence at every step.
We believe tax prep shouldn’t feel like pulling teeth or come with a surprise invoice. Instead, you’ll get clear, proactive guidance and a dedicated team that treats you like family. That’s the Molen way.
Prepare Financial Statements in Houston, TX
Small businesses in Houston, TX need to be aware of the importance of preparing financial statements. Financial statements are essential for a variety of reasons, including obtaining financing, making sound business decisions, and measuring progress.
There are three main types of financial statements: the balance sheet, the income statement, and the cash flow statement. The balance sheet provides an overview of a company’s assets, liabilities, and equity. The income statement shows a company’s revenue and expenses over a period of time. The cash flow statement tracks a company’s inflows and outflows of cash.
Business owners should consult with an accountant or other financial professional to ensure that their financial statements are accurate and compliant with generally accepted accounting principles (GAAP). Financial statement preparation can be a complex and time-consuming process, but it is vital for the success of any small business.
Why Prepare Financial Statements?
As a small business owner, you may be wondering why you need to prepare financial statements. The truth is, financial statements are essential for a variety of reasons. First and foremost, banks and other lenders will almost always require financial statements when considering a loan or line of credit for your business. In addition, financial statements can help you make informed decisions about your business’s spending and budgeting. Finally, regular financial statement analysis can provide insights into your company’s overall financial health and performance.
What’s included in our Financial Statement Preparation services?
A free consultation to assess your needs and develop a custom plan
An analysis of your current financial situation
A review of your income and expenses
The preparation of balance sheets, income statements, and cash flow statements as needed
Advice on how to improve your cash flow and profitability
Insightful recommendations on ways to reduce costs and increase revenue
A detailed report of our findings and recommendations
What You Can Expect
Maximized Refunds
Our tax advisors are trained to look beyond the surface. We analyze your income, deductions, and lifestyle to uncover opportunities others might miss—so you don’t leave money on the table. We even have a custom questionnaire to help uncover additional deductions you may not be thinking of!
Stress-Free Filing
Preparing your own return can lead to missed deductions or costly errors. We simplify the process and handle all the details, including e-filing your return securely and efficiently.
Compliance Without Compromise
We stay current on the ever-changing tax code and make sure you stay compliant—whether you’re filing in one state or five. We even help you prepare for IRS audits or letters if they arise.
Who We Serve
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Self-Employed & Side Hustlers
Realtors, law enforcement, rideshare drivers, and anyone with 1099 income—this is our specialty. We’ll help you track expenses, reduce taxes, and stay compliant.
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Small Business Owners
From LLCs to S Corps, we’ve filed thousands of business returns. We know the difference between a missed deduction and a strategic tax plan—and we’re here to make sure you get the latter.
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W-2 Employees with Complex Returns
Have investment income, rental properties, or stock options? We’ll guide you through what applies and ensure it’s all reported accurately.
What Makes Molen & Associates Different?
We Treat You Like Family
You’re not a file number—you’re a person with goals, responsibilities, and a life you care about. We take the time to understand your story and tailor our advice accordingly.
We Educate, Not Just Calculate
We explain why we’re doing what we’re doing. Expect clear, plain-English explanations—not tax code gibberish.
Year-Round Support
Tax questions don’t start and end in April. You’ll have access to our team all year long, with no extra charge for emails or quick calls.
Proven Track Record
With over 10,000 tax returns filed and a 98% client satisfaction rating, we’ve helped save Houston taxpayers over thousands. Our Google reviews say it all—clients trust us with their returns year after year.
See What Our Clients Say
Don’t just take our word for it—watch real business owners share their experience
Frequently Asked Questions
Get clear answers to common questions about our tax preparation services.
Why can’t I just print reports from my accounting software?
You certainly can for internal use, but external stakeholders often demand more. A report printed directly from software like QuickBooks often contains unverified data, negative balances, or formatting errors. Professional financial statement preparation ensures your reports are properly formatted, mathematically accurate, and adhere to accounting standards, giving lenders the confidence to trust the numbers.
What is the difference between a tax return and a financial statement?
A tax return is prepared for the IRS to minimize your liability. A financial statement is prepared for banks, investors, or management to show the true economic health of the company. These two often look different because tax rules (like accelerated depreciation) differ from accounting rules (like useful life depreciation). We help you understand the difference.
My bank is asking for "Accrual Basis" statements, but I use "Cash Basis." Can you help?
Yes. This is a very common request. Banks prefer Accrual Basis because it gives a more accurate picture of long-term profitability by including Accounts Receivable and Accounts Payable. We can take your Cash Basis books and make the necessary period-end adjustments to convert them into Accrual Basis reports for your lender.
Which specific reports are included in a financial statement package?
A complete set of financial statements generally includes three core reports: the
Do you perform Audits or Reviews?
It is important to understand the levels of service. We specialize in
45+
10,000+
98%
1000s
Why Choose Molen & Associates?
Professional tax preparation that delivers real results for Houston residents and businesses.
Maximize Deductions
We identify every eligible deduction to ensure you pay the lowest amount legally possible.
Save Time
Let our experts handle the complexity while you focus on what matters most.
Audit Protection
Rest easy knowing your return is prepared accurately. We can even help with full audit support.
Personalized Service
Work directly with experienced Advisors who understand your unique situation.
Year-Round Support
Access to tax professionals whenever you need guidance, not just during tax season.
Proven Expertise
Decades of experience serving Houston residents and businesses. We’re just a phone call away!
Request an Appointment Today
Fill out the form and our team will contact you as soon as possible.
Ready to File with Confidence?
Tax season doesn’t have to be stressful. Whether you’re filing for the first time, managing a complex return, or just tired of doing it alone—our team is ready to help.
Let Molen & Associates take tax prep off your plate—so you can focus on what matters most.
