Compilation and Review Services
The expression, "To the extent and depth desired by our clients...." applies to all of the levels of financial statement services.
In an ever increasing order of sophistication, these services are:
To Compile statements from client ledgers and other records on which no assurance is given.
To Review client statements applying inquiries and analytical processes to give limited assurance that no material modifcations are required.
While election of the accounting service level is, of course, a client decision.... we recommend the level that in our opinion most productively interfaces client needs. We provide equivalent flexibility in accounting services, matching client in-house record keeping and other procedures. As a client desires we may:
--Prepare interim financial statements
--Maintain the general ledger
--Maintain payroll records and prepare necessary tax forms relating to
witholding and payroll taxes
--Post receipts and disbursements journals
--Maintain subsidiary records
We feel that we have demonstrated a particular expertise in working creatively with client management to arrive at decisions impacting long-range financial well-being and growth of the bussiness.... often in concert with attorneys and credit providers. Below are some of the services we offer:
Accounting Services: Our Firm offers a complete range of accounting services, including receivables, payables, and payroll management. We prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP) for use by banks, investors, and other third parties. Our firm will also prepare custom financial reports for internal, managerial use.
Bookkeeping/Write-Up: Our firm provides full-charge bookkeeping services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and receivables and payables tracking and analysis.
Cash Flow & Budgeting Analysis: Our firm offers expert cash flow and budgeting analyses that can help you minimize cost overruns, lost purchase discounts, and uncollectable receivables. Many of our clients state that these value-added services are indispensable.
Compilation, and Review: Our firm provides professional compilation, review, and audit services to businesses of all sizes. We can quickly compile your financial records into meaningful GAAP-compliant financial statements, offer limited-scope review testing.
Financial Forecast and Projections: Our firm provides complete financial and business forecasting services, including proforma projections. We will also customize -What If- planning scenarios to help management foresee and plan for unexpected business contingencies.
Financial Statements: Our firm prepares professional, GAAP-compliant financial statements as well as tailor-made financial analyses that can help business owners and managers eliminate inefficiency and realize a businesss full profit potential.
Reviews and Compilations: Our firm offers full Review and Compilation services for small to medium sized firms.
Tax Services: Our firm offers a full range of tax planning and compliance services. We will work with you year-round if necessary in order to minimize your total tax burden. Our firm also prepares all federal, state and local tax returns for individuals and businesses.
Tax Planning, Preparation and Other Services
Our professional approach to taxes is that our clients should pay only the minimum amounts required by applicable laws. In order to implement this, our management and staff come to fully understand each client's tax circumstances.... and the legislation, court decisions and administrative rulings that may impact those individual circumstances. Our services include tax return preparation for corporations, limited liability companies, partnerships, trusts, estates and individuals. Beyond this, we offer services regarding: Pension and profit-sharing plans Financial planning including family gifts, estates and trusts, investment planning and future income tax projections and tax-free reorganizations. Please see below for more information:
Tax Planning: Our firm continuously monitors federal, state, and local tax law changes to allow its clients to minimize current and future tax liabilities. If necessary, we can implement tailor-made due-date tax compliance monitoring systems to prevent costly interest and penalty assessments attributable to late filing. Of course, we offer full tax preparation and filing services.
Tax Preparation: Our firm offers professional preparation of all federal, state, and local tax returns at competitive, affordable rates.
IRS and State/Local Representation: Our firm knows the tax laws, and we know how your tax return was prepared. We can provide complete representation services before the IRS as well as state and local taxing authorities. We are also experienced in negotiating Offers in Compromise with the IRS.
Payroll Services: Our firm offers complete payroll preparation and payroll tax reporting services. We prepare all federal and state returns and offer full magnetic media and electronic filing capabilities.
Services: Our firm prepares all sales tax
filings and offers full sales tax audit representation.
Estate, Gift and Trust Tax Return Preparation: Our firm provides expert preparation of federal and state estate, gift, and trust tax returns.
Accounting Software Selection & Implementation: Need help with accounting software selection and implementation? Our firm will help you select the software that's right for you and will teach you how to use it effectively.
Benefit Plan Services: Our firm can help your firm weigh the complex benefits and costs posed by todays qualified and nonqualified pension and profit sharing plans, including 401(k), SEP, SEP IRA, Keogh, life insurance and health insurance plans.
Business Succession Planning: Stop wondering if and how your business will continue without you there. As experts in business succession planning, our firm can suggest many courses of action to provide assurance that your business will enjoy a smooth continuance and that your heirs and business associates will be well protected.
Business Valuations: Our firm provides cost-effective business valuation services, quickly and efficiently.
Buying & Selling a Business: Our firm advises prospective business purchasers about local market conditions, industry trends, and the financial condition of an acquisition candidate. If you are selling a business, we can offer advice for obtaining the best possible sales price and contract payout terms.
Computer Consulting: You are ready to move into the computer age, but you have fears of expensive, unsuitable software, fourteen year-olds hacking into your server, and systems crashing. We understand your fears and we will work with you to setup an efficient, user-friendly computer system. Our business-savvy computer technicians and programmers can explain even the most advanced high-tech concepts in plain English. Whether you want to set up a computerized accounting system, a computer network, or even an online web store, our firm can help.
Consulting Services: Our company offers a wide range of consulting services to help you improve business operations, boost efficiency, and increase the bottom line.
Debt & Financial Services: We offer complete debt and financial counseling services, including installment debt consolidation, refinancing, and repackaging.
Estate Planning: Our firm offers estate planning services so you can minimize both federal and state estate tax liabilities. We will endeavor to protect your heirs from the unneeded emotional devastation that can be caused by estate tax levies.
Financial Planning: Our firm offers a complete array of financial planning services and will work closely with you to help you achieve your financial goals.
Investment Review: Our firm will perform a custom portfolio analysis and review the risks and returns of specific investments including stocks, bonds, REITs, and limited partnerships. We will also determine an optimal asset allocation for you by taking your unique personal and financial goals and resources into account.
Management Advisory Services: Our firm offers complete management advisory services, including systems implementation and management, cost controls, employee benefit plan restructuring, and much more.
Pension & Profit Sharing Plans: Would you like help setting up a pension or profit sharing plan? Talk to us!
Retirement Planning: It is never too early to start planning for retirement. If you want to live the same lifestyle--or an even better one--than you do now, you need to start planning for retirement...NOW. We can analyze your projected income and expenses and suggest investment funding techniques to help you make sure that your golden years 10, 20, and even 50 years from now live up to your expectations.
Employment Benefit Plans: We can help you establish comprehensive employee benefit plans and can review your existing plans for ERISA and tax compliance.