Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. 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
- Corporate and Individual tax return preparation (Federal, State, and Sales & Use/Business Personal Property)
- Personal Financial Statements
- Corporate & Individual Projections
- Productivity Calculations and Compensation Formulas
Bookkeeping / Write-Up
Meaningful, well-organized financial records ensure that your business operations will run smoothly and 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.
We gauge our worth by the personal and business successes of our clients. We can help your business identify areas adversely 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 and flexible strategies that address the issues affecting your business.
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.
Business Succession Planning & 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 succession 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.
Cash Flow & Budgeting Analysis
A business can be profitable and still have operational challenges 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.
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 Estate Tax Laws and regulations.
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 assist and guide you through the complex process of getting your financial affairs in order.
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 aid and facilitate in achieving your company's financial goals.
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. We work closely with Certified Financial Planners who can help you assess your financial needs and develop strategies that will enable you to achieve your financial goals.
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.
During our many years of experience dealing with various tax authorities, we have achieved a level of competence that can ensure our clients they are being properly represented on both the Federal and State levels.
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 goals and develop specific strategies to facilitate your company’s future growth and success.
Medical/Dental Practice Accounting
Medical & Dental Practice accounting is unique in a multitude of ways specifically Partnership buy-in/buy-out calculations, productivity formulas, practice start-up, Business Plans, and obtaining financing for startups or expansion, to name a few. Our firm has over thirty years of experience working with the nuances of Medical and Dental Practice accounting.
Medical/Dental Practice Consulting
We have over thirty years experience with aiding Physicians and Dentists in drafting their Employment, Shareholder, Stock Purchase, and Operation Agreements. In addition to these services the firm's sister company, Health Care Advisors, Inc. provides Practice Management Services to ensure best Practices while providing Oversight Services based on the Practices unique requirements.
We consult and advise on setting up various Retirement Plans that meets the client’s needs. Successful implementation and periodic review of your retirement plan will Aid in ensuring you are on track for your retirement years.
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 that alien with the objectives of the business owners to ensure that the optimum tax outcome is achieved. For individual tax clients, our experienced tax staff can develop tax strategies that take advantage of any new laws and legislation.
To sum it up, our team of experts are here to maximize personal and business wealth by offering detailed discovery for high net worth individuals to uncover potential tax savings and converting that into future wealth.