CALL US TODAY (901)683-5955
About Us
At WABTS, we pride ourselves on providing exceptional accounting, bookkeeping, payroll, tax consulting, and tax preparation services tailored to meet the needs of our individual and business clients.
Our services are strategically designed to allow individuals and business owners to focus on their vision, mission, and goals. As they pursue their passions, we ensure that the overall health of their business affairs is in order regarding the accuracy of financials, consistency with projected budgets for desired growth, and compliance with tax laws on all levels.
Herb D. Wilkins
Founder & CEO
Our CEO, Herb D. Wilkins, has dedicated over 40 years to serving our community and region with unmatched accounting and tax expertise. Delivering honest and trustworthy service to every client has always been his core value and remains the foundation of WABTS.
Herb holds a Bachelor of Business Administration (BBA) in Accounting from LeMoyne-Owen College and has earned a certification for Colleges and Universities, Business Officers from the University of Kentucky-Lexington. He is currently advancing his expertise by pursuing certification as a Certified Municipal Financial Officer (CMFO).
Headquarters located in Memphis, TN
Since its inception, WABTS has specialized in individual and small business taxes. Over the past four decades, we have evolved into a comprehensive one-stop shop, offering an array of financial services, including business setup, accounting and bookkeeping, budgeting, payroll, and more. This growth is a testament to the trust our clients place in Herb’s leadership and the professionalism and skill of our dedicated staff.
14,000+
Completed Tax Returns
All of Tennessee qualifies for disaster tax relief; various deadlines postponed to Nov. 3
Our Vision
At WABTS, our vision is to be the trusted partner and unwavering support system for individuals and businesses in their financial endeavors. We aspire to set the standard in the accounting and financial services industry by consistently delivering superior solutions in accounting, bookkeeping, tax preparation, and tax consulting.
Our mission is to empower our clients to achieve long-term success by ensuring their financial matters are expertly managed with precision, integrity, and care. By fostering strong, enduring relationships and providing tailored, innovative solutions, we aim to enable our clients to thrive in an ever-evolving financial landscape.
We are committed to creating a culture of excellence, transparency, and reliability, positioning WABTS as the go-to resource for financial expertise. Together with our clients, we strive to build a future where financial stability and growth are within everyone’s reach.
Our Mission
At WABTS, our mission is to serve as a reliable and trusted financial partner for individuals and businesses. We are committed to offering customized solutions in accounting, bookkeeping, payroll, tax consulting, and tax preparation services. By tailoring our services to meet the unique needs of each client, we empower them to focus on achieving their dreams and goals with confidence.
Our objective is to ensure that our clients' financial stability, growth, and compliance with tax laws are managed competently and efficiently. Through our expertise, dedication, and client-centered approach, we strive to build lasting partnerships that foster success and peace of mind for everyone we serve.
Our Value
At WABTS, we are unwavering in our commitment to integrity, professionalism, and client-centricity. We hold ourselves to the highest ethical standards, ensuring that every action we take is rooted in honesty and transparency. Excellence is at the core of everything we do, driving us to consistently deliver superior solutions tailored to our clients' unique needs.
Our clients' best interests are paramount, and we cultivate relationships built on trust, accountability, and mutual respect. By prioritizing their financial well-being, we foster lasting partnerships and relentlessly pursue outcomes that empower their success. Together, we thrive in an environment of shared growth and purpose.
Our Services
As a team player to our clients, we have effectively cultivated strong internal/external relationships, linking finance and operations to improve productivity and efficiency with positive bottom-line results.
Accounting & Bookkeeping
At WABTS, we understand that managing in-house accounting and bookkeeping can be a time-consuming and complex task for businesses. That’s why we specialize in offering tailored solutions to assist clients with their financial management needs. By outsourcing these essential services to us, our clients gain more time to focus on growing their businesses while also reducing operating costs and ensuring financial accuracy.
Our Services
1. Bookkeeping
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Transaction Recording: We meticulously record all financial transactions, ensuring accuracy and compliance.
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Account Reconciliation: Regular reconciliation of bank and credit card accounts to maintain financial integrity.
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Accounts Payable and Receivable: Efficient management of payments and receivables to ensure smooth cash flow.
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Payroll Processing: Handling payroll calculations, tax filings, and compliance requirements.
2. Financial Reporting
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Customized Financial Statements: Preparation of profit and loss statements, balance sheets, and cash flow statements.
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Budgeting and Forecasting: Assisting in creating and maintaining budgets to guide financial planning.
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Management Reports: Providing detailed insights to aid in strategic decision-making.
3. Tax Compliance
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Tax Preparation: Ensuring compliance with local, state, and federal tax regulations.
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Filing Assistance: Accurate and timely filing of taxes to avoid penalties.
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Tax Strategy Consultation: Advising on strategies to minimize tax liabilities.
4. Software Integration and Support
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Accounting Software Setup: Assistance in selecting and implementing software such as QuickBooks, Xero, or other platforms.
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Training and Support: Empowering clients with the knowledge to use accounting tools effectively.
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Automation Solutions: Streamlining processes to improve efficiency and reduce manual errors.
Why Choose WABTS?
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Expertise and Experience: Our team of skilled accountants and bookkeepers has extensive knowledge across various industries.
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Cost Efficiency: Outsourcing saves on the expense of hiring full-time in-house staff and provides access to advanced tools without additional costs.
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Focus on Core Business: By delegating financial tasks to us, clients can prioritize growth, customer acquisition, and other critical operations.
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Tailored Solutions: We customize our services to align with the unique needs of each business.
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Data Security: Ensuring confidentiality and safeguarding sensitive financial information is our top priority.
How to Get Started
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Consultation: Schedule an initial meeting to discuss your business’s specific needs and challenges.
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Assessment and Proposal: We assess your current processes and provide a detailed plan for outsourcing your accounting and bookkeeping tasks.
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Implementation: Our team seamlessly integrates with your existing systems or sets up new ones to ensure a smooth transition.
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Ongoing Support: We provide continuous support and updates to adapt to your growing business needs.
Preparing Financial Statements
Balance SheetIncome Statement (Profit & Loss)
Forensic Accounting
Budget and Budget Variance Report (Business and Personal)
Accounts Receivable/ Payable Reports
Bank Statements and Credit Cards
Statement Reconciliation
Business/Consulting Services
QuickBooks TrainingStrategic Planning
Employee Motivation
Internal Controls Evaluation
Cash Flow Analysis
Management Consulting
Incorporate (Converting existing business and new business)
Business Plans, Loan Packaging & Proposals
Assist with the preparation of the Annual Audit (if required)
Business Setup
We complete and submit all federal, state, and local registrations as it relates to new businesses, their entity types, and respective industries. This eliminates any hassle for new business owners and ensures the accuracy of all filings.
Launch Your Business
Establish a Business NameDetermine Entity Type
Register with Secretary of State
Determine Effective Start Date
Legal Compliance
Apply for EIN
Identify NAICS Code
Determine Fiscal Tax Year
Identify Directors, Officers, and Shareholders
Payroll Services
In 2014, WABTS significantly enhanced its ability to meet clients' payroll needs by partnering with ADP (Automatic Data Processing). This collaboration allowed WABTS to expand its payroll services, supporting not only small businesses with 1 to 25 employees but also scaling to accommodate businesses with unlimited employee counts.
Continuing our commitment to providing flexible and comprehensive payroll solutions, WABTS partnered with PAYCHEX in 2024. This new partnership offers our clients even more options, ensuring we deliver tailored services that meet the diverse needs of businesses of all sizes.
At WABTS, we remain dedicated to offering innovative and reliable payroll solutions to support our clients' growth and success.
Simplify Your Payroll
Lower risk of compliance-related issues and penalties are payroll tax and payroll processingVast reductions in time, effort, and money spent on managing and running payroll
Mobile tools that put payroll information into the hands of HR managers and workers, wherever they are
Simpler, more efficient processes across every area of your business that intersect with small business payroll services, like retirement plans and workers' compensation insurance
Tax Consulting & Preparation
At WABTS, we specialize in delivering comprehensive Tax Preparation & Tax Consulting Services tailored to the needs of small businesses and individuals. With a steadfast commitment to accuracy and excellence, we aim to ensure our clients receive optimal tax advice and outcomes.
To provide top-tier service, we focus on:
- Staying current with tax law changes throughout the year, ensuring compliance while identifying opportunities for tax savings.
- Utilizing over 40 years of expertise combined with state-of-the-art tax software to efficiently and accurately prepare individual and business tax returns.
Whether you need guidance on complex tax matters or reliable tax return preparation, WABTS is here to support you every step of the way. By partnering with us, you can enjoy peace of mind and confidence in your tax filings.
Let us handle your tax needs with professionalism and care, so you can focus on what matters most—your business and personal success.
Tax Preparation & Planning
Individual Tax PreparationSmall Business Tax Preparation
Tax Consulting and Strategic Planning
Sales & Local Tax
Payroll TaxesBusiness License Tax
Business Property Tax
Sales & Use Tax
Personal Property Tax
We understand how valuable your time is, and that's why we've made it even easier for you to track the status of your refund. Simply click the button below, and you'll be one step closer to the financial clarity you deserve.
Meet The Team
Ke'Unnia Itson
Sr. Tax Accountant
Deaunte Houston
Chief Accountant
Kourtney Moore
Sr. Accountant
Ramesha James
Accountant
Marc Wilkins
Chief Marketing Officer
Frequently Asked Questions
What services does your accounting and tax firm offer?
At WABTS, we provide a comprehensive range of services, including tax planning and preparation (Individuals and Businesses), bookkeeping, budgeting, payroll services, audit services, forensic accounting, and more. We tailor our services to meet your unique financial needs..Do you only serve clients in a specific city or state?
No, we serve clients across America. Whether you're in a major city or a rural area, our team is ready to assist you with your accounting and tax needs.How can I get started with your services?
Getting started is easy. Simply contact us via the form below. We'll schedule an initial consultation to discuss your needs and how we can assist you.What documents and information must I provide for tax preparation?
The specific documents you'll need depend on your individual or business situation. Generally, you should gather W-2s, 1099s, income and expense records, and any other relevant financial documents. Our team will provide you with a personalized checklist.How do your fees work?
Our fees vary based on the services you require. We offer transparent pricing and will provide a quote after discussing your needs during the initial consultation. We aim to provide cost-effective solutions. Also, a retainer fee is required before service beginIs my information secure with your firm?
Absolutely. We take data security and client confidentiality seriously. Your information is treated with the utmost care and protected according to industry standards and regulations.Can you help with tax planning and saving strategies
Yes, tax planning is a key component of our services. We work with clients to identify opportunities to reduce tax liability and implement strategies for long-term financial success.What sets your firm apart from other accounting and tax services?
We are a one-stop organization (Accounting, Bookkeeping, Payroll, Tax Planning and Preparation). Our firm prides itself on our expertise, personalized approach, and commitment to client satisfaction. We go the extra mile to understand your unique financial situation and provide tailored solutions.Do you work with individuals, small businesses, and corporations?
Yes, we have experience serving a wide range of clients, including individuals, small businesses, and corporations. Our team has the expertise to meet your specific needsHow do I schedule a consultation?
Scheduling a consultation is simple. You can call us at 901-683-5955, email us at herbwilkins@wabts.us, or fill out the contact form below. We'll get back to you promptly to schedule an appointment.Contact Us
herbwilkins@wabts.us
(901) 683-5955
"Two years with WABTS for bookkeeping has been exceptional. Their knowledgeable and communicative team ensures seamless financial management. Highly recommend for their expertise and dedication to client success!"
Sheronda SmithCEO & FounderJoin Our Email List
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