Tax Services
1. Business Tax Return Preparation Our focus is on providing comprehensive business tax planning services tailored to address specific challenges at every stage of your organization’s lifecycle. Whether you're an entrepreneur launching a new idea or planning an exit as your business reaches maturity, our expertise is here to guide you. Our commitment extends to offering in-depth business tax planning and compliance services, encompassing federal, state & local, and international tax matters.
Corporations
-
Partnerships
-
Corporations Not-for-profit organizations
-
Taxing authority representation
-
Tax effects of buying/selling a business
-
Other Business tax return preparation (Sales & use/ Business Property)
2. Individual Tax Return Preparation Our professional group delivers tailored services for individuals and those in complex tax situations. Working closely with your advisors, we provide year-round support, including tax preparation, scenario planning, and strategic forecasting. Our personalized approach and responsive engagement make us your trusted wealth advisor, dedicated to helping you achieve your financial goal.
• Estate,Trusts, & Gift Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax as due on the transfer of your business and other assets. Providing for business continuity and succession of ownership is essential for business owners. We can guide you through the complex process of getting your financial affairs in order.
3.Tax Authority (IRS & State) Representation
• Tax Audit With years of experience dealing with tax authorities, we have achieved a level of competence that can ensure our clients being properly represented before the Federal and State tax agencies.
• Offer in Compromise with Federal, State, and Local Government We have successfully represented many cases, reducing tax liens or levies through the utilization of Offers in Compromise with Federal, State, and Local governments. Our proven track record demonstrates effective strategies in alleviating clients’ tax burdens.
4. Financial & Retirement Decisions
• Employee Benefit Plans The accounting and tax issues involved with employer-provided benefit plans can be overwhelming. We can assist with the development, implementation, and administration of your employee benefit plan.
• Retirement Plan Qualified retirement plans (e.g. defined-contribution or defined benefit plans, Keoghs, SEPs…) can provide significant tax advantages for closely held businesses and self-employed individuals. Our qualified staff can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees.
5. Tax Planning & Preparation Tax planning and preparation form a winning combination for our successful individual and business clients. Our experienced staff can develop tax strategies that take advantage of new tax laws and legislation, whether you are an individual or a multi-tiered partnership.
Audit
1. Audit Our Audit Services encompass financial, operational, and compliance audits, ensuring the accuracy of financial statements, enhancing internal processes, and ensuring regulatory adherence.
2. Review Some analytical procedures conducted with limited assurance.
3. Compilation Based upon client information provided and used primarily for internal use.
4. Preparation Based upon client information provided and used primarily for internal use.
Accounting Services
General Ledger & Financial Statement Preparation Financial Statements: We can assist you in preparing your financial statements in accordance with professional standards but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions.
-
Bookkeeping (Monthly/Quarterly/Yearly)
-
Accounting System Setup for New Business
-
Personal Financial Statements
• Computerized Payroll Services 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 the experience necessary to guide you through the acquisition/disposition process by addressing issues such as cash flow analysis and tax considerations.
Business Consulting
1. Consulting Services Our commitment to your financial success goes beyond traditional accounting services – our consulting expertise is tailored to provide strategic insights and guidance, ensuring that your business thrives in today's dynamic landscape.
• Type of 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, positive or negative tax implications. We can assist you in evaluating the pros and cons of each entity type and help you determine the most advantageous form of business for your company.
• 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 the experience necessary to guide you through the acquisition/disposition process by addressing issues such as cash flow analysis and tax considerations.
2. 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 and specific strategies to facilitate your business future growth and success.
3. Financial Forecasts & Projection Forecasting is necessary when trying to effectively manage and 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.