Our mobile services are extended to consumers and businesses (B2BC – business 2 business & business 2 consumer) year round*. Your tax practitioner will work with you to give you the most favorable outcome to any tax or business situation you may be facing.
- Tax Preparation
- Audit Representation
- Tax Planning
Most of us are atune to just paying our bills right when we receive them. However, business invoices are treated differently. When a business receives an invoice the validity of the charges must be confirmed against a packing slip or maybe a contract for services. Furthermore, you need to determine what account is the invoice to be coded to? What are the payment terms? Is it to be paid in one sum, or in consecutive payments over time? How is this reflected in the accounting system? So, as you can see paying an invoice isn’t always straight forward for a business. We take the stress and guess work out of this process.
One of the most important functions in a business is getting paid! Upon Invoicing customers are you biting your nails waiting on payments to come through? How long are customers taking to pay you (aging receivables), how can you motivate them to pay sooner than the due date (discount terms – 2/10 net 30), or do you only accept COD with some clients or all them? These are very real concerns and owners don’t have time to chase payments. Our solution allows the owner to concentrate on sales while we take care of the invoicing and some light collection tasks to ensure you get paid in a timely manner and that your business is not interrupted by a lack of cash flow.
We provide full-service payroll. When it comes to paying employees, laws and the IRS have made the payroll function a time consuming nightmare for the small business owner. Small business owners spend an average of eight hours a month performing payroll functions. That’s 12 full days a year that could be spent generating sales, prospecting new business opportunities, improving products or services, or servicing customers. We offer payroll solutions that meet your business’s needs and enable you to spend time doing what you do best–running your company.
It’s Cost Effective
Use your staff more efficiently by letting us handle payroll and the associated legal details. Reduce overhead by removing the need to hire specialized employees.
It’s a Time Saver
Our payroll service eliminates the burden of customizing, updating and maintaining your own payroll system–no more data entry, no more researching updates or new laws, no more worries.
Worry Free Payroll Tax Filing
Eliminate the risks of calculating and filing your own payroll taxes by having professionals do it for you. Federal, state and local payroll tax laws are frequently changing and becoming more complex. How much time do you want to spend learning all the rules and keeping your information up to date? Allows You To Focus On Core Competencies
Our professional staff allow you to focus on the core competencies of your business. We are accounting professionals–you get the experts working for you and with you.
Upon request, you will have access to a wide variety of user-friendly and accurate payroll reports. Here’s What We Offer…Our Comprehensive Payroll Service takes care of all of the payroll processing for you, so that you won’t have to. You get…
*Preparation/assistance with federal and state registration forms
*Your payroll checks prepared and printed on-time, every-time
*All of your payroll checks are laser printed on “blank” check stock to ensure maximum security and meet the micro encoding standards as set forth by the Federal Reserve System
*Free direct deposits
*Worry free IRS and state tax reporting as well as electronic tax deposits
*Access to user friendly, and easy to understand monthly, quarterly, and annual payroll reports
*Preparation, filing, and mailing of all W-2, W-3 and 1099 forms
*Detailed reports on your employee’s vacation, sick days, and personal days accruals
*Your payroll records maintained in tip top shape
*Worker’s compensation audit assistance
Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.
Here’s what your get…
*Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
*Your tax return can be filed electronically so you will get a refund back quicker.
*Our staff will show you how to adjust your payroll withholding to get more money back each week. Why give the IRS an interest free loan for up to 16 months.
*We will show you potential deductions to limit your tax liability for next year. In addition, we will give you a sheet of commonly overlooked deductions to limit the following year’s tax liability.
The most common taxing authorities including local, state and federal agencies. These agencies have varying degrees of authority and often work together. However, the federal audits can be an intimidating process for many people. Most federal audits are selected randomly or due to a related examination. There are two types of federal audits: correspondence and field audits. These can take anywhere from a few months to a few years to resolve.
There is a misconception that audits are a result of something you did wrong and the government is going to seize your assets! That couldn’t be further from the truth! In most cases it takes years before the government will levy liens on your property or take your assets and you will know well in advance of this taking place!.
Nevertheless, we represent our clients in resolving tax problems. We help you to decode the sometimes confusing letters you receive and will make sure you understand what is going on every step of the way in the process.
Tax planning is an important part of our lives because it’s an expense. And it should be budgeted for according as we would our other monthly expenses. Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars.
Business Tax Preparation
Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.
We recommend Tax Saving Strategies that help you…
*grow and preserve assets by keeping Uncle Sam out of your pockets.
*defer income so you can keep your money now and pay less taxes later.
*reduce taxes on your income so you keep more of what you make.
*reduce taxes on your estate so your family keeps more of what you’ve made.
*reduce taxes on your gifts so you can give more.
*reduce taxes on your investments so you can grow your wealth faster.
*reduce taxes on your retirement distributions so you can retire in style.
Sales/Use Tax Return
Our business is to understand your business. Our familiarity with the structure and finances of our clients’ business facilitates our ability to perform an array of strategic management solutions. Together we are in an ideal position to analyze the following:*Expanding operations
*Adding a new product or service
*Responding to a bid, (request for proposal, request for quote/qualification)
*Hiring new employees
Tax affects many aspects of a business from sales to payroll to use. As our client we provide tax preparation and planning services to help you remain compliant. In that we prepare your monthly, or quarterly tax filings, income tax filings among other things. Just like any fiscally responsible business we develop a plan to help the business avoid surprises and only pay its obligation under the law.
Accounting System Setup
We have long evolved from pen and paper accounting to software and now saas (software as a service or cloud-based). There are as many different types of accounting software on the market as there are different brands of computer hardware. Though, some of the most popular brands include Quickbooks, Sage, Xero, Freshbooks and Netsuite. There are also industry specific accounting programs, such as Rent Manager, for property management firms. Determining whether you need a general or industry specific accounting software is a decision not to take lightly and should be discussed with your accountant. As such, we provide an initial consultation to learn about your company and understand your needs. We will determine which system best supports your business needs, setup your system and train on how to use it
These reports include the Balance Sheet, Income Statement, and Profit & Loss Statement or Statement of Cash Flows and many more. Each of these reports reveal different things about your business so it’s important to know how these reports correlate to each other and the information it communicates to the reader.
Financial Statement Prep
At the end of each month we will “close the books” which includes compiling the data, reconciling the bank, credit, loan statements to produce the management reports.