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We offer a broad range of services that will help to improve your financial needs.
We prepare individual income tax returns as well as tax returns for all types of business and fiduciary entities.
Our staff stays current with the tax laws to ensure that we are able to prepare accurate tax returns as well as accomplish the main goal, which is to minimize the clients’ tax liability. Regardless of where you or your business is located, we have the ability and the expertise to prepare out-of-state and/or multi-state tax returns. We also handle various types of foreign tax issues.
Tax planning is performed for our clients, individuals and all business entities, as needed throughout the year or before year end. This allows our clients to have the opportunity to implement any last-minute tax planning ideas and become aware of their tax situation before their final return is filed. We aid in all transactions that arise during the year such as (but not limited to): home purchases, sales, or refinances; marriages, separation, or divorce; pay raise or high bonuses; various employee stock option plans; buying or selling a business; or investment purchases or sales.
Our staff is available to suggest, and if needed, implement various business strategies to make our clients’ business run more efficient and increase profitability. We will recommend accounting software and help our clients integrate the software into their business. We will also consult with our clients on various financial ideas that will save them tax dollars as well as benefit their future. Our focus is to minimize our clients’ tax liability, which includes recommending various tax sheltering ideas such as retirement plans, life insurance, and compensation review.
Our staff’s large range of tax knowledge allows us to advise our clients on how to set up a newly formed company. We know setting up a company can be a daunting task; therefore, we walk our clients through every step of the process. Starting with suggestions on which type of entity to form based on the client’s tax situation, to making sure all necessary forms are filed with the appropriate government agencies.
In addition, we work with start-up companies that are looking to streamline their accounting process or existing companies needing advice on getting their company’s books and structure ready for future investors or an acquisition. This service involves a more in-depth detail restructuring or reorganization then mentioned above. Our firm works closely with the CEO and CFO of a company to assure all accounting procedures are correctly in place; all reports that are generated for internal or external use are accurate; the data in the accounting software matches what is reported on the tax return; restructure internal procedures from an accounting and general corporate stand point; help prepare actuate growth forecasts; review tax returns prepared by other accountants for accuracy; and if need be, prepare the yearly tax returns.
We provide services to manage all business affairs. We take the pressure off of you by making sure all your bills are paid, deposits are made, and checking accounts are never overdrawn. By being able to manage your financial situation on a day-to-day basis, it allows us to get accurate and precise information. In turn, we will already have the information we need in order to get a clear picture on how to minimize your tax liability. This is key when it comes to the preparation of your tax projections and returns.
We make sure all bills are paid on time, regularly monitor each bill you receive to prevent fraud or missed payments, and work on lowering any bills that you seem to be overpaying.
For entertainment clients, we oversee your paychecks to assure they are properly calculated and agents and/or managers are accurately paid.
We make sure your insurance is appropriate for you, your property, and your assets.
We provide weekly reports that show your account balances, the cash that was disbursed and received, and copies of each bill paid as well as the check stubs that were deposited.
Having timely and accurate records allows our clients to keep up to date on the wellness of their business and assures all current taxes are paid. The records assist a business to plan for the future and make any necessary changes before it is too late. Our firm aids our clients with this by supplying financial statements on a monthly, quarterly, or yearly basis; providing general ledger analysis; setting up new business entities; preparing necessary tax documents on the local level (ie. business licenses and business property statements); assisting with the day to day activities associated with bookkeeping; implementing and reviewing internal control procedures; and if needed preparing personal financial statements.
We gather necessary information from our clients to compile accurate financial statements. We review the clients’ books, make adjustments, and recommend necessary changes. This process allows for more timely tax planning by making us aware of any tax issues that may arise during the year. In addition, it allows a company to become mindful of their financial position. In turn, the company has the ability to maximize their profitability and efficiency. Compilations are not audited financial statements and are primarily for internal use.
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