Business and Individual Tax Returns (Individuals, Sole Proprietor, S-Corp, C-Corp, LLC, Partnerships): Preparation and filing of federal, state, and local tax returns for individuals and various business entities, ensuring compliance with tax laws.

Quarterly Estimated Tax Payments: Helping businesses calculate and pay quarterly estimated taxes to avoid penalties and interest, including federal, state, and local taxes.

Tax Deductions & Credits for Businesses: Identifying all applicable tax credits and deductions such as R&D credits, energy-efficient equipment, employee benefit programs, and depreciation.

Depreciation Strategies: Advising on tax strategies for depreciating assets (e.g., Section 179, Bonus Depreciation) to maximize deductions and reduce taxable income.

Sales Tax Compliance: Helping businesses understand and comply with sales tax obligations, including nexus rules, filing frequency, and rates across different states.

Employee Benefits and Payroll Taxes: Planning for tax-advantaged employee benefits like retirement plans, healthcare plans, and other fringe benefits that can reduce the business’s taxable income.

Tax Structuring for Mergers & Acquisitions: Advising on tax-efficient structures during the buying, selling, or merging of businesses, including asset vs. stock purchase considerations.

State & Local Tax (SALT) Planning: Managing multi-state tax filings, including sales tax, payroll taxes, and apportionment strategies to minimize tax exposure in different jurisdictions.

Tax Planning for Real Estate Investments: Offering strategies for property owners, including tax deductions on mortgage interest, property depreciation, 1031 exchanges, and capital gains deferral.

Tax Dispute Resolution: Providing guidance in the event of an IRS or state tax audit, representing the business, and helping resolve disputes related to business tax matters.

Income Statement: Preparing detailed profit and loss reports to show revenue, costs, and expenses over a specific period.

Balance Sheet: Generating reports that show the financial position of your business, including assets, liabilities, and equity.

Cash Flow Statement: Analyzing the inflows and outflows of cash to assess the liquidity and operational efficiency.

Financial Statement Analysis: Analyzing the prepared financial statements to provide insights into a company’s performance and financial health.

Custom Reports: Creating specialized financial reports tailored to business-specific needs and goals.

Financial Statement Forecasting: Offering projections based on historical data to guide future business decisions.

Entity Selection: Advising on the best business structure (e.g. S-Corp, C-Corp, LLP) based on ownership, revenues, taxation, and operational needs.

State & Local Registration: Handling the registration process with appropriate state and local agencies for business licenses and permits.

Operating Agreements: Drafting partnership agreements and shareholder agreements to outline business operations and ownership rights.

EIN Application: Helping businesses obtain their Employer Identification Number (EIN) from the IRS.

Incorporation Services: Assisting in filing necessary documents to legally incorporate a new business entity.

Legal Compliance: Ensuring that the new business complies with all legal and regulatory requirements for the chosen entity type.

Licensing & Permits: Assisting businesses in obtaining necessary industry-specific licenses and permits.

Business Bank Account Setup: Helping businesses set up a business bank account, including documentation and compliance requirements.

Mergers & Acquisitions (M&A): Assisting with the due diligence, structuring, and execution of M&A transactions.

Business Sale/Purchase: Helping clients navigate the buying and selling of businesses, including valuation, negotiation, and contract management.

Asset Purchase Agreements: Drafting and reviewing asset purchase agreements for business transactions.

Stock and Asset Valuations: Providing professional valuations of company assets or stocks to aid in transaction negotiations.

Transaction Structuring: Advising on the most tax-efficient and financially beneficial structure for transactions.

Due Diligence: Conducting thorough financial and operational due diligence to assess the risks and benefits of transactions.

Transaction Support and Advisory: Offering ongoing consultation and strategic advice throughout the transaction process to ensure alignment with business goals.

Annual Budget Creation: Developing detailed yearly budgets to manage income, expenses, and capital expenditures.

Cash Flow Forecasting: Projecting cash inflows and outflows to ensure businesses maintain adequate liquidity.

Variance Analysis: Monitoring actual performance against budgeted figures and providing explanations for discrepancies.

Scenario Planning: Developing multiple financial scenarios (best, worst, most likely) to prepare for different business conditions.

Sales & Revenue Forecasting: Estimating future sales and revenues based on historical data, market conditions, and business trends.

Cost Analysis: Identifying fixed and variable costs to optimize business spending and improve profitability.

Profitability Forecasting: Predicting profitability over various periods based on projected revenue and expenses.

Break-Even Analysis: Determining the level of sales needed to cover fixed and variable costs, helping businesses gauge financial viability.

Performance Metrics & KPIs: Setting key performance indicators (KPIs) and benchmarks to track and measure business success.

General Ledger Maintenance

Accounts Payable & Receivable: Managing creditors and debtors to better align company cashflows

Bank Reconciliation: Perform monthly bank reconciliations between Quickbooks and business bank accounts

Payroll Processing: Managing payroll, including calculating wages, benefits, and ensuring timely disbursements.

Expense Tracking: Setting up Quickbooks to monitor and categorize business expenses to ensure accurate financial reporting.

Software Integration: Using accounting software (QuickBooks) to streamline bookkeeping processes and increase efficiency.