|
Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service at reasonable prices. Below we have listed some of the services that we offer to our clients along with a brief description. The list is by no means all-inclusive, so 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.
Tax planning benefits our clients by minimizing tax liabilities while maximizing necessary cash flow based on a client’s individual situation. We work closely with financial planners, brokers, and/or family or corporate attorneys to ensure the expected result of tax, investment and estate planning. We then report the transactions on the appropriate federal, state and local income tax returns. The returns are input and reviewed with great care to ensure compliance with tax laws while still taking advantage of all available tax strategies to ensure minimal tax exposure.
Our role in the financial reporting process of your company is a natural result of being intimately involved in planning and tax reporting. Whether required by an outside investor, the bank, or your own internal corporate minutes, formal financial statements can be a valuable method of recording historical transactions to be used for analysis, projections, planning and budgeting. We provide financial reporting for two levels of assurance.
Reviewed Financial Statements — Analytical procedures and inquiries of management resulting in limited assurance
Compiled Financial Statements — No assurance based on client information provided
We no longer provide audit services as the incremental cost of insurance, peer review, and documentation does not allow us to be reasonable with our fees.
Meaningful, well-organized financial records ensure that your business operations run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping by giving advice as to proper accounting treatment or the mechanics of software input.
Start-up companies are often required to provide the bank with projections or forecasts of expected financial results for three to five years in the future. We can, with your input, prepare such projections while playing “devil’s advocate” in terms of the realities of what it takes to start a business.
Likewise, an existing business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses.
We understand that receiving a letter from the IRS or other taxing authority can be very distressing. During our many years of experience dealing with various taxing authorities, we have achieved a level of competence that ensures resolution of most situations. We offer confidence to our clients that they are being properly represented before the various federal, state, and local tax agencies. We make every effort to resolve issues in our clients’ favor, but are realistic about the outcome when an overly aggressive tax position has been claimed by the client.
While we can assist you in the set up and administration of payroll, we strongly encourage you to consider using a payroll processing service which focuses exclusively on payroll services. Our experience is that such companies excel at their niche and are competitive with their fees in light of the significant penalties assessed for late filing or depositing of payroll taxes. Of course, if you prefer, we can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective internal payroll system. Our firm can also prepare all necessary payroll tax returns in a timely manner.
Unfortunately, in today’s litigious society, businesses or individuals are often faced with the threat of lawsuits as a result of their business ventures. We can help document the financial effects of the issue in question, and provide an expert report as to the consequences of a given transaction. We are also available to testify as an expert witness should the lawsuit progress to that point.
|
