Professional Accounting Services
Tax Preparation
Our investment in tax preparation and research software along with ongoing continuing education enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates and not-for-profit organizations. Our tax preparation services also include state tax preparation including sales and franchise tax reporting as well as payroll tax reporting.
Audits, Reviews and Compilations
Quality financial reporting is critical in maximizing your entity's profitability and efficiency. There are three levels of financial reporting:
- Audit - an intensive examination with the highest level of assurance. We only perform audits for non-profit organizations.
- Review - some analytical procedures conducted with limited assurance.
- Compilation - financial statements based upon client information provided with no assurance expressed.
Financial and operational analysis/ Risk Management
This service puts the ability in your hands to perform a business health check through a strategic and operational assessment. The risk assessment offers a structured approach for revealing the situation of the business in both its wider business environment and internal operations - identifying the strengths, weaknesses, opportunities and threats it faces.
Accounting systems consulting, selection, design, implementation & training
With the many accounting software packages to choose from, it is critical that you find the right package for your unique needs. We are available to help you select the system that best fits your requirements with continued to support to help you with the implementation and conversion process.
Business and personal tax planning
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.
Entity selection guidance
Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Budgeting, planning and cost reduction
Why does budgeting matter? Money is a tool that enables you to reach your goals in life, but until you know where your money goes, you can't make conscious decisions about how to use this tool effectively. A budget shows you exactly where your money goes and provides a spending plan that lets you save for the things that are important to you: a new house, a new car, a comfortable retirement, a college education, travel, or whatever your particular goals and dreams happen to be.
Non-profit Organization Tax Exempt Status Application Preparation
Non-profit organizations need to apply for their tax exempt status with the IRS. Our many years of experience with non-profit organizations have provided with us great familiarity with the IRS exempt status application process as well as the necessary paperwork for the various state tax exemptions (i.e. sales and franchise taxes).
Tax Audit Representation
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that ensures you are being properly represented before the various federal and state tax agencies.
QuickBooks Design, Evaluation, and Training
We help you get the most out of your QuickBooks from setup and training to troubleshooting. Make sure your system is working for you and not making you work.
Bookkeeping and catch up work (monthly/quarterly/annual)
Timely and well-organized financial records are necessary for a successful business. We perform bookkeeping services to fit your needs.