Whether you own a small or large business, you are a new business owner, or you?ve been in the game for years, we can help you! We offer small business accounting services, Quickbooks services, payroll, bookkeeping, and help with tax problems such as Audits and Reviews.
Accounting and Bookkeeping Services
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot 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 accounting services, including the following:
General ledger & financial statement preparation
Accounting system setup for new businesses
Personal financial statements
Business Entity Selection
Choosing the form of entity of your business is a crucial decision that can have longstanding tax implications. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Strategic Tax Planning
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a business entity, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.
Compilations and Reviews
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. Compilations differ from reviews and audits as they are based upon client information provided and used primarily for internal use only as no assurance is expressed. Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll obligations a timely manner. Our payroll process includes pre-tax deductions, state payroll filings, and related payroll issues.
Sales Tax Services
Many of our clients are responsible for collecting and submitting sales taxes in many different jurisdictions. We can assist your company in compiling information and preparing sales tax returns in an efficient and timely manner.
Cash Flow and Budget Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Consulting Tax Solutions can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. Cash flow can make or break the business's ability to survive.
We can help you analyze your spending and rebalance your budget and/or debts for an optimal cash flow to support your business's success. This plan would be monitored so that if and when there were any major changes in your business structure, you would be assured of operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
Tax Problem Resolution
Depts and collections
- Installment Agreements
- Levy/Lien Resolution
- Offers in Compromiss
- Penalty Abatement
- Dept. of Revenue Sales Tax Audits
- Income Tax Issues
Accounting Software Selection and Implementation
With the number of computerized accounting software packages available for small businesses growing every day, selecting one that is right for you has become increasingly difficult.
As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.
However, no accounting package can be operated properly without sufficient understanding of its features and functionality. It is a must for proper business management to complete the setup and installation properly. We work with our clients to train them and provide ongoing assistance with their accounting software.