General AccountingWe provide customized accounting services to meet your specific needs; we start from providing bookkeeping services to engaging in full accounting and management consulting so that you can grow your businesses. We can also serve as your comptroller.
Tax PlanningLet us perform a systematic analysis of differing tax options aimed at the minimization of tax liability in current and future tax periods. The timing of a sale of an asset, ascertaining over how many years to withdraw retirement funds, when to receive income, when to pay expenditures, the timing and amounts of gifts to be made, and Estate Planning are examples of tax planning.
Corporate TaxWe can help you from a simple income tax return to more complex corporate tax returns like Corporations, S corporations, Partnerships, Trust and States and Non-profits entities. Every year regulations and the tax code become more complex. We also provide Personal Income Tax Preparation to individuals and the shareholders and directors our corporate clients with sophisticated tax advice and income tax preparation.
IncorporationsIf you are in the planning stage, we can help you incorporate and register your business. The legal structure of your business is the foundation of your business and it is very important to choose the correct legal structure. We will help guide in the process to choose: Sole Proprietors, partnerships, S Corporations, C corporations and LLCs. Choosing the right legal entity goes hand by hand with the Tax Planning and that is why you should carefully chose your legal entity.
Sales Tax ReturnEvery Business regardless of its activity is required to file its quarterly sales taxes to the state. Penalties are severe when not filing properly or missing the deadline to file. Accurate calculations are needed to report the appropriate sales tax percentage and avoid paying more than needed.
PayrollAll companies are required to process payroll for their employees, for most companies Payroll is a complex task and it can be burdensome because the stiff fines and penalties due to errors. Our payroll division will take care of calculating wages, payroll taxes, social security, Federal and State unemployment, states withholding and all the 941 related reporting for you. The liabilities are too great to bear, so leave it to us, we assume all responsibility and you will have peace of mind.
Minority CertificationIf you are ready to expand and grow to a more rewarding segment of your business, and want to seek government contracts, it’s time to apply to become a Disadvantage business enterprise and we will provide you with guidance and help you process the application with the state or Federal 8A. Once you become certified, new doors of opportunities will open for you and your business that you never thought possible.
Non-profit CertificationStarting a nonprofit or charity can be very rewarding but very complex as well. In addition to providing your services, you must also hire, train & manage employees or volunteers, maintain compliance with government regulations, understand your market and position your company to grow. Donations do not come by easily and the odds of failing are high. Depending upon your business activities, we can help you apply for tax-exempt status through the Internal Revenue Service (IRS). With the correct tax status, you can accept tax-deductible donations from contributors. Certain nonprofit organizations can obtain public or private grants.
Strategic PlanningWe can help you with your organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. Various business analysis techniques can be used in strategic planning, including SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats ), PEST analysis (Political, Economic, Social, and Technological), STEER analysis (Socio-cultural, Technological, Economic, Ecological, and Regulatory factors), and EPISTEL (Environment, Political, Informatic, Social, Technological, Economic and Legal).
Strategic planning is the formal consideration of an organization’s future course. All strategic planning deals with at least one of three key questions:
- What do we do?
- For whom do we do it?
- How do we excel?
In many organizations, this is viewed as a process for determining where an organization is going over the next year or more -typically 3 to 5 years, although some extend their vision to 20 years.
Pro System Design and Quickbooks SetupSetting up your Quickbooks accounting file is the most important task you will engage when setting up your accounting system. We will customize your accounting system using QuickBooks so that you can manage and control your financial transactions.
Workers Compensations Audit
Every year your workers compensation insurance conducts a payroll audit; this process can be time consuming and intimidating. We will represent you and prepare all documents required for the audit and we will meet face to face with the auditors.