Services
We will thoroughly and conscientiously study your personal situation, and tailor our advice to your specific needs.
Learn More About Our Cornerstone & Support Services
Cornerstone Services
Our cornerstone services are the bread and butter of what we do. As a boutique CPA firm, we aren’t looking for hundreds of clients. We want to work with individuals and business owners that desire a holistic approach to their accounting and business needs.
Our specialty is in tax preparation for individuals with small business LLCs, rental properties and royalties, capital gains, and determining the best approach for your tax situation with purchasing and depreciating new assets.
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
We deeply enjoy helping individual tax filers understand their situation and help in setting expectations for the next tax season. Our typical fee range is $350 to $1,000 for a standalone individual tax return.
Outside of tax season we can create a tax plan to reduce fear of the unknown and strategize on how to decrease your tax burden. Initial tax planning includes year-over-year updates to wages, portfolio income, and business income. We will provide a questionnaire to determine potential changes to deductions and update dependents. Standalone tax plans range from $300 to $600. The reason for tax planning being almost the same pricing as a tax return is that we are essentially making a draft tax return and analyzing other variables to put you into the best tax position. The savings can drastically outweigh the cost! This is an investment in keeping your hard-earned money!
Our primary focus with business tax preparation (1120, 1120-S, 1065) is business consultation, educating on deductible expenses, optimizing deductible expenses, and accurate tax return preparation. Typical fee range is $1,000 to $3,000 for standalone partnership and corporate tax returns depending on the quality of your accounting records.
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Business bookkeeping and analysis services can be performed monthly, quarterly, or annually. Typically, bookkeeping services are $300 to $600 per month based on number of accounts, transaction volume, and frequency. Tax preparation fees are decreased if we handle your bookkeeping and bookkeeping clients receive front of the line business tax preparation when tax season rolls around.
Support Services
Our support services are services we provide alongside our cornerstone services. These are services that you may need a couple of times, or maybe not at all, during our working relationship. They are essential when the need comes up and having us walk through these services with you can help you avoid a great deal of headache and work down the line.
Accounting Software Selection & Implementation
There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.
The business entity — LLP, LLC, sole proprietorship, partnership, corporation, etc. — that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
We can register an LLC, partnership, or corporation typically for $275 plus the state filing fees. This service includes articles, Federal Employer Identification Number, operating agreement and consultation to help you launch your business.
Few business decisions are more important, complex, and potentially business altering than a buy or sell decision. Whether you are selling your current business or purchasing another, we are ready to analyze the financial health and implications of either choice.
When a business is able to undertake strong financial analysis, it opens up new opportunities to improve management, planning and decision making. Financial analysis provides the numbers to support, reject or contemplate a course of action. Prospective analysis can show how situations may evolve under various scenarios, providing a new dimension to decision making. We are ready to provide this type of financial analysis to support the continued prosperity of your business.
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely financial statements.
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Our Management Advisory Services focus on improving the efficiency and effectiveness of your business and its operations. We can provide support in business planning, mergers, acquisitions, and other advisory support. Contact our office to learn about the full range of services we provide.
Real Estate Transaction Analysis
Are you thinking of buying, selling, or exchanging real estate and want to make sure that it makes financial sense? We have a strong network of real estate professionals with decades of experience to provide insight and assistance in the transaction process.
Retirement planning is critical in these uncertain times. Whether you are developing a retirement plan for yourself or choosing a retirement plan to offer to your employees, we can help you evaluate the available options. Our focus is on helping you to make the choice that is most appropriate for your own financial situation. If you are choosing a retirement plan for your business, we will base our recommendations on the unique characteristics of your business and your employee population, as well as the legal and compliance issues related to each type of plan.