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.
Medical/Dental Practice Accounting
Medical/Dental Practice Accounting
Practice accounting is unique in a multitude of ways such as Partnership buy-in/buy-out calculations, productivity formulas and calculations, practice start-up business plans,obtaining financing for Practice growth, and the list goes on. Our firm has over thirty years of experience working with the nuances of Practice accounting.
Medical/Dental Practice Consulting
We have over twenty years experience with aiding Physicians and Dentists with their Employment Agreements, Shareholder Agreements, Stock Purchase Agreements, Operation Agreements, and negotiating and establishing Partnerships. In addition to these services the firm's sister company, Health Care Advisors, Inc. provides Practice Management Services for best practices while providing Oversight Services based on the practices unique requirements.
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 (Compilation Report)
*Bookkeeping (Monthly/Quarterly/Annual)
*Accounting system setup for new businesses
*Business related tax returns preparation (Federal, State, and Sales & Use/Business Property)
*Personal financial statements
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 as well as review and analysis of general ledger transactions.
Financial Forecasts & Projections
Forecasting is a necessity 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.
Cash Flow & Budgeting Analysis
A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses.
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
It is our fundamental philosophy that planning is essential in providing effective tax services. We provide a highly-structured year-end tax planning service coordinating the tax planning objectives of the business with the objectives of the business's owners to ensure that the optimum tax outcome is achieved. For individual tax clients, our experienced staff can develop tax strategies that take advantage of new laws and legislation.
Estate & Trust Tax Preparation
As a stand-alone service or as part of our Estate and Trust Planning service, we ensure that these complicated tax returns are prepared accurately and in compliance with the strict Tax Laws and regulations.
Consulting Services
Financial Planning
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. With the guidance of an experienced Certified Financial Planner™ professional, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.
Estate Planning
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
Business Succession Planning and Restructuring
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.
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 experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.
Retirement Planning
Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years.
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.
Business Consulting
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.
Investment Review
As you develop your investment strategy, we will act as your sounding board. We can help you and your investment advisor build an investment portfolio that takes into consideration the impact of taxes and produces a favorable after-tax return.
Business 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 tax implications, positive or negative. 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.