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 that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description.
As the list below is by no means all-inclusive, 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.
Small Business Accounting Services
Small Business Accounting Package
The Basic Features of Our Service You Will Receive as Small Business Owners include the following:
- Profit and Loss Statement and General Ledger– monthly, quarterly or yearly.
- Unlimited discussion of your accounting and business related questions by phone or at our office.
- Timely preparation of sales tax return, if applicable.
- Paycheck preparation, including the free direct deposit services. All state and federal payroll tax returns, including the year-end required forms, like W-2 and 1099s.
- All other misc. tax returns, including local property and business license tax returns.
- Income tax planning.
The Benefits You Will Receive:
- Profit and Loss Statements will help you monitor your business better, allow you to see trends developing, and help you plan for the future.
- Maintaining a Clean General Ledger is very important as it is the core of you company's financial records. General Ledger records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books. These records are used as vital information in case your business get audited, as they are requested first in most audits. Clean and accurate General Ledger can guard your business from any undue audit assessment.
- Use us as a sounding board in all important financial decisions. This will help you make the right decisions. This will help you make the right decisions and help you understand the new tax laws.
- All Inclusive Payroll Services, explained in detail below, will be provided by us in order to handle all of your payroll needs in a timely manner, and they are also included in this package at no additional charge.
- Peace of mind – knowing all of your tax reports are correctly handled and filed by us on time not only saves you money in penalties and interest for late filing, but also let you focus on your important daily business activities.
- Convenience – You can log on to our secure website and obtain whatever financial information you may need for your business, like the interim and year-end financial statements and income tax returns. You may also upload any information you need to provide to us on our secure web, which saves your valuable time and efforts.
- The more you make the more the I.R.S. will want to take. We will show you how to keep more legally.
Payroll Services
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.
Why Outsource Your Payroll…
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. - Comprehensive Reports
You get a wide variety of user-friendly and accurate payroll reports which you can easily understand.
Get the Payroll Solution That Best Fits Your Needs.
We know that when it comes to payroll service – no one size fits all. That’s why we offer the following 3 custom payroll processing options.
1. Comprehensive Payroll Services
Our Comprehensive Payroll Service takes care of all of the payroll processing for you, so that you won’t have to. You get…
- 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 without any additional or hidden charge.
- Worry Free IRS and State tax reporting as well as EFTPS tax deposits.
- User friendly, and easy to understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3 and 1099 forms.
- Detailed reports on your employee’s vacation, sick days, and personal days accruals.
- Creation and filing of the required new hire reports
- Your payroll records maintained in tip top shape.
2. After-the-Fact-Payroll Services
We will take your manually-prepared payroll records and other payroll information and post this information to our data files, so you get…
- Worry Free IRS and State tax reporting as well as EFTPS tax deposits.
- User friendly, and easy to understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3 and 1099 forms.
- Detailed reports on your employee’s vacation, sick days, and personal days accruals.
- Creation and filing of the required new hire reports
- Your payroll records maintained in tip top shape.
3. Online Payroll Processing
You can enter your employee’s hours and earnings securely online and get…
- The ability to instantly print payroll checks on your own printer.
- Free Direct Deposits
- Worry Free IRS and State tax reporting as well as EFTPS tax deposits.
- User friendly, and easy to understand monthly, quarterly, and annual payroll tax reports, including W-2, W-3 and 1099 forms.
- Detailed reports on your employee’s vacation, sick days, and personal days accruals.
- Creation and filing of the required new hire reports
- Your payroll records maintained in tip top shape.
New Business Formation
Choosing the right type of the legal entity format for your business is one of the most important initial steps when you start your new venture. We sit down with you in order to learn about your new venture and, after our initial consultation, we help you decide the best legal entity type for your business. We also help you...
- Prepare an article of incorporation or organization.
- Prepare and file your application for your Federal Employer Identification Number.
- Prepare and file all required state and local licenses and permits.
- Provide payroll and payroll tax filing when you bring on your first employee.
- Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate.
- Select the right accounting software by evaluating your budget, needs and hardware.
- Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.
- Identify your business insurance needs.
Accounting Services
Accounting Services
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
*General ledger & financial statement preparation
*Bookkeeping (Monthly/Quarterly/Annual)
*Accounting system setup for new businesses
*Computerized payroll services
*Business tax return preparation (Sales & Use/Business Property)
*Personal financial statements
*Litigation support
Bookkeeping/Write-Up
Meaningful, well-organized financial records ensure that your business operations will 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.
Financial Statements
We can assist you in the preparation of 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.
Consulting Services
Consulting Services
We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:
*Accounting software selection and implementation
*Type of entity selection
*Business valuations
*Buying/selling a business
*Computer systems
*Financial & retirement decisions
*Estate, trust & gift planning
Financial Planning
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.
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.
Pension & Profit Sharing Plans
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.
Tax Services
IRS Representation
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.
Tax Planning & Preparation
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.
Tax Services
We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:
*Tax planning & return preparation
- Individuals
- Corporations
- Partnerships
- LLCs/LLPs
- Estates, trusts & gift
- Not-for-profit organizations
*Taxing authority representation
*Divorce and support issues
*Tax effects of buying/selling a business
International Taxation
Our experience with the taxation of U.S residents working abroad and foreign citizens working in the U.S. has provided us with an extensive base of knowledge in the area of international taxation.