Tax Prep & Planning
Don't be anxious about your tax returns. We can help you prepare the appropriate forms and record all figures/calculations so you get all the deductions you are entitled to. Computer software may help, but there's no substitute for quality service from a tax professional.
Proactive planning can help you minimize your liabilities. We can help split income among family or legal entites so you can yield a lower tax rate. Each circumstance is unique and we can help you determine a strategy to maximize the money you keep.
Bookkeeping
Businesses of all shapes and sizes depend on accurate, insightful financial information to manage their day-to-day operations, capitalize on opportunities, and sustain profitability. We lend our expert support to meet your accounting needs so that you can focus your time and energy on building a strong business. We’ll create and maintain a chart of accounts to capture all of your financial transactions, provide the right information to manage your business, and prepare federal, state, and local tax returns. Through periodic internal audits, we’ll identify and resolve discrepancies (e.g., double billings, unrecorded payments) to ensure that you have a complete and accurate picture of your financial position.
Payroll
Managing the employee payroll is not a simple matter of calculating the amounts due, writing checks, and handing them out. There’s a host of government reporting and recording keeping requirements that comes with the job, and there are adverse consequences if you get it wrong. You'll save money in the long run letting an expert attend to the task, along with avoiding penalties and addressing concerns.
Our service options include:
* Vacation, sick, and personal day accruals and tracking
* IRS and State tax reporting plus Electronic Federal Tax Payment System (EFTPS) deposits
* Monthly, quarterly, and annual payroll tax reports
* New hire file creation and reporting
* W-2, W-3, and 1099 preparation
We can also provide ad hoc services, such as:
* Worker's Compensation Audits
* Unemployment Claims
* Social Security Audits
* Child Support Audits
* Federal and State registration
IRS Representation
If you have been selected for an IRS audit, professional representation can set your mind at ease. We’ll take the lead in dealing with the tax authorities based on our familiarity with their procedures and our intimate knowledge of the tax code. We’ll make sure that you don’t get an unpleasant and unwarranted surprise at the end of the process.
Quickbooks
Although QuickBooks is very easy to use, it takes a bit of expertise and foresight to design the system for maximum benefit and effective control. Whether you’ve engaged us to help with your implementation or you simply need a refresher course on the system, we can provide training on using QuickBooks to manage your business.
A QuickBooks Tune-Up is also a great way to prepare for tax time, an important meeting, or a periodic review of your business strategy. In a few short hours, your QuickBooks professional can review transactions, clean up stray entries, balance the general ledger to subsidiary ledgers, and adjust the chart of accounts to reflect changes in your business model.
When folks find QuickBooks baffling, it’s generally not because they haven’t mastered the mechanics of using the system. Fortunately, we’re just a phone call, fax, or email away.
Business Planning
As your business prospers, it's important to develop financial plans to support business strategy, provide oversight of your accounting and administrative functions, and establish safeguards to mitigate risk. Along with a great idea and strong sense of the market you’ll serve, you’ll need a business and financial advisor who can help your dream take flight while keeping your feet firmly planted on the ground. We can also provide objective assessments of business interests by helping you identify and analyze the relevant factors that drive value.