Our firm offers a wide range of services to our individual & business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
Providing financial information to our clients in a timely & accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
- General ledger & financial statement preparation
- Bookkeeping (Monthly/Quarterly/Annual)
- Accounting system setup for new businesses
- Computerized payroll services
- Business tax return preparation (Sales & Use/Business Property)
- Personal financial statements
- Litigation support
Audits, Reviews & Compilations
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability & efficiency. We provide financial reporting on all three levels of assurance:
- Audit- an intensive examination with the highest level of assurance
- Review - some analytical procedures conducted with limited assurance
- Compilation - based upon client information provided & used primarily for internal use.
Cash Flow & Budgeting Analysis
A business can be profitable & still run into trouble due to cash flow issues. We can forecast & evaluate your company's financial condition, estimate financing requirements, & track cash-flow sources & uses.
Financial Forecasts & Projections
Forecasting is a necessity when trying to effectively manage & lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals.
We gauge our worth by the personal & business successes of our clients. We can help your business identify areas negatively affecting profitability & growth & develop solutions that are practical & technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.
Business Entity Selection
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 & cons of each entity type to help you determine the most advantageous form of business for your company.
Business Succession Planning
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax & other financial matters, we are fully qualified to address the complex issues of business continuation & can assist you in developing a strategically sound plan.
Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful & objective analysis to assist you in the valuation of any business in which you have an interest.
Buying & Selling a Business
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis & tax considerations.
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, & can reduce or eliminate the tax due on the transfer of your business & other assets. For business owners, providing for business continuity & succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs & develop strategies that will enable you to achieve your goals & strengthen your financial security.
Fraud Prevention & Detection
We use accounting & auditing skills to provide an analysis of financial records in conjunction with fraud & theft investigation. Our damage measurement methods can determine the extent of financial loss & illegal accounting practices.
Management Advisory Services
Even the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives & specific strategies to facilitate your business' future growth & success.
Successful implementation & periodic review of your financial plan will ensure financial independence during your working years & through your retirement years.
Employee Benefit Plans
The accounting & tax issues involved with employer-provided benefit plans can be overwhelming. We can assist with the development, implementation & administration of your employee benefit plan.
Litigation support involves the quantification of economic damages pursuant to existing or pending litigation using accounting & auditing techniques. We have experienced competent staff who can compile information efficiently to assist in the calculation & documentation of any potential economic loss or damages.
Estate & Trust Tax Preparation
Effective estate & gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, & can reduce or eliminate the tax due on the transfer of your business & other assets. For business owners, providing for business continuity & succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal & state tax agencies.
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, & effective payroll system. Our firm can also help you develop a payroll system & prepare all necessary payroll tax returns in a timely manner.
Sales Tax Services
Many of our clients are responsible for collecting & submitting sales taxes in many different vicinities. We can assist your company in the compilation of information & preparation of sales tax returns in an efficient & timely manner.
Tax planning is an essential element of the tax preparation process. By making tax planning part of your overall business strategy, you can use our experience & access to the most current new developments in the tax laws to minimize both your current & future tax liabilities.
Our significant investment in computerized tax preparation & research software enables us to accurately & efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates, & not-for-profit organizations.