Business Details
31 Years
experience
Your Trusted Accounting Partner in Wilmington, NC
Founded in 1995 by Wendy Duke, Preferred Accounting has been serving Wilmington, NC businesses and individuals with comprehensive accounting solutions. Our expertise spans bookkeeping, payroll management, tax preparation, and business startup support, tailored to meet each client's unique needs. With over 25 years of local experience, we combine technical proficiency with personalized service to ensure accurate financial management. Our team specializes in streamlining financial processes, from monthly reconciliations to complex tax filings, allowing clients to focus on business growth.We maintain IRS Registered Tax Return Preparer certification, demonstrating our commitment to tax compliance and accuracy. By offering flexible service plans and transparent communication, we've built long-term relationships with clients across various industries. Our track record includes helping businesses navigate tax audits, implement efficient payroll systems, and develop financial strategies for sustainable growth. Through consistent service quality and community engagement, we've established ourselves as a trusted financial partner in southeastern North Carolina.
Services
Accounting Services
Bookkeeping
Payroll Processing
Tax Preparation
Business Startup Support
Details
- Year established: 1995
Highlights and features
- 25+ years of local accounting expertise since 1995
- IRS Registered Tax Return Preparer on staff
- Customized financial solutions for unique business needs
- Comprehensive service offering from bookkeeping to tax planning
- Proven track record with small businesses and startups
What people say
Life Changing
Huge asset
Knowledgeable advice
Reasonable pricing
Accurate and organized
Services
Accounting Services
Comprehensive accounting solutions including bank reconciliations, profit & loss statements, and balance sheet reporting. Our system ensures accurate financial tracking through regular reconciliations and detailed reporting. Clients receive organized financial data to support informed business decisions.
Payroll Processing
Full-service payroll management handling direct deposits, tax withholdings, and regulatory filings. We process payroll taxes, prepare W-2s and 1099s, and manage deductions for benefits and garnishments. Our service ensures timely and accurate employee payments.
Tax Preparation
Professional tax preparation for businesses and individuals including amendments and extensions. We handle all entity types and provide detailed explanations of tax filings. Our expertise ensures compliance with current tax regulations and maximizes available deductions.
Business Startup Support
Guidance for new businesses including entity selection, tax registration, and financial setup. We assist with obtaining EINs, setting up payroll systems, and creating accounting structures. Our support helps new ventures establish proper financial foundations.
Financial Reporting
Monthly and quarterly financial reports including profit & loss statements and balance sheets. We provide year-end tax summaries and job costing analysis to track business performance. Our reports help clients monitor financial health and plan strategically.
People
Wendy Duke
Owner
Founder of Preferred Accounting with 25+ years of experience. IRS Registered Tax Return Preparer specializing in small business accounting solutions. Provides personalized financial guidance to Wilmington businesses.
Questions
What accounting services do you offer?
We provide bookkeeping, payroll processing, tax preparation, financial reporting, and business startup support services.
Are you certified accountants?
Our founder is an IRS Registered Tax Return Preparer with 25+ years of practical experience.
How do you handle business tax preparation?
We prepare all business tax forms including W-2s, 1099s, and income tax returns for various entity types.
Do you work with small businesses?
Yes, we specialize in serving small businesses and startups with tailored financial solutions.
What areas do you serve?
We primarily serve businesses and individuals in the Wilmington, NC area.
