DESCRIPTIONS OF SERVICES
A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z
Accounting Staff Screening
This service is designed to assist businesses in the process of hiring accounting personnel. The screening process can assist management by determining qualifications required for the position and finding qualified applicants.
Accounting support provides assistance to bookkeepers, clerks, and other administrative staff for accounting related questions. This service is designed to ensure that businesses have an opportunity to maintain quality records and gather information for making sound business decisions by inquiring of professionals for answers to accounting questions.
Accounting System Development
Accounting system development services provide assistance in the creation or reorganization of accounting duties and functions within businesses. This service can also incorporate the ability to assist in the determination for the method or software needed to maintain accurate records.
An audit of financial statements consists of analytical procedures, inquiries, and testing of transactions. This service results in the CPA's expression of an opinion as to the fairness of the financial statements. This is the highest level of assurance that can be obtained for financial information.
Business planning services assist management in making sound business decisions. These services involve analysis of financial data and consultations with management to help identify business trends, strengths, and weaknesses. We can provide professional experience in gathering necessary information and consult with management in making sound business decisions.
This service is designed to assist businesses with the implementation, setup, training, maintenance, and support of BusinessWorks. This is a comprehensive full accounting software package with built-in internal controls to assist in the preparation of accurate record keeping. If you are interested in this software or would like a demo disk, please contact Joe by clicking here.
Check preparation services can include preparing payroll checks as well as checks to vendors. This service also maintains the accounting records for the type of disbursements such as payroll records and accounts payable. This service is also a component of comprehensive financial management.
Choice of Business Entity
The owner's choice of entity for a business can have a lasting and profound effect. This service is designed to assist business owners in deciding which type of entity best fits the needs of the business. Although most often applicable to new businesses, this service is also available to existing businesses that are considering a change in their business entity form. Examples of business entity choices are: sole proprietorship, partnership, limited liability partnership, limited liability company, S corporation, and C corporation.
A compilation is the presentation of financial data in the form of financial statements. The financial statements are based upon the representation of the entity's management. The CPA does not provide any assurance regarding the content or underlying assumptions used to prepare the financial statements.
This service is designed to assist businesses with the assessment of personal property. Careful completion of county assessment forms and the required detailed listing of personal property are essential to insure that property taxes are kept at their legal minimum.
This service is designed to assist businesses with little or no in-house accounting staff. All accounting, accounts receivable, accounts payable, check preparation, and payroll are done by professionals. Management is continuously informed of financial data and position. In effect, the business is hiring a CPA firm to perform all duties normally performed by in-house accounting personell.
Financial Statement Presentation
This service is a compilation engagement in which financial statements are prepared for a business at given intervals such as monthly, quarterly, or annually. See the compilation service for more information.
Franchise tax reports must be filed each year with every state in which a business operates. This yearly filing allows the business to continue operations within that state. This service is designed to assist businesses in the timely preparation and filing of all required franchise tax reports.
Income Tax Planning & Research
This service is designed to assist taxpayers with tax planning opportunities to prevent tax dilemmas resulting from making uninformed decisions. Questions regarding income tax laws and regulations of a specific event or transaction may also be researched in order to provide taxpayers with necessary information to make sound decisions. Uninformed decisions often lead to tax dilemmas due to the complex tax law and its application to specific events and/or transactions.
The individual tax service assists taxpayers in the preparation of federal and state income tax returns. This service also integrates tax planning to ensure proper decisions to alleviate and prevent future tax dilemmas.
Initial Business Filings
The startup of a new business requires several filings to obtain the proper licensing and registration to perform business. This service assists new businesses in satisfying the various registration requirements.
IRS and State Tax Problem Resolution
This service assists taxpayers in the resolution of tax disputes and problems with the IRS and state taxing authorities. Professional assistance is available to ensure that taxpayers understand the dispute and identify potential errors by the IRS and state taxing authorities. Many times, taxpayers are assessed penalties and interest in error. We can assist in resolving these errors.
KashBox is a unique and affordable PC-based alternative to traditional standalone credit card terminals. KashBox can be used to accept and manage most payment methods including cash, checks (verify or guarantee), all major credit cards, ATM/debit cards, and gift cards. To learn more about KashBox, please visit their website at www.KashBox.com
This service is designed for the implementation, training, and support for Keystroke Point-Of-Sale software. This software is used to maintain detailed records for all sales, accounts receivable, inventory, and layaways. If you are interested in this software or would like a demo disk, contact Joe by clicking here.
Payroll preparation services include the preparation of payroll checks, the maintenance of payroll records and the required payroll tax reports on a monthly, quarterly, and annual basis. This is also one of the components of the comprehensive financial management service.
This service is designed to assist businesses with the everyday demands of payroll administration. This service includes: 1) the preparation of monthly, quarterly, and annual payroll tax reports, 2) the maintenance of payroll records and 3) the preparation of forms W-2.
Payroll Tax Report Preparation
This service is designed to assist businesses with the preparation of required payroll tax reports on a monthly, quarterly, and annual basis.
Processing of Transactions
This service is designed to maintain detailed accounting records for businesses without a dedicated accounting staff. All transactions are recorded on a monthly basis. The accounting records are retained until year-end, after which, all records are returned to the business for safekeeping. This service is one component of comprehensive financial management.
As a member of the QuickBooks Professional Advisors, services can be rendered to assist businesses in the setup, maintenance, and support of QuickBooks. This software is designed for small businesses with a somewhat limited need for a full accounting software package. Courses are available for the proper training of accounting staff.
A review consists of analytical procedures and inquiries performed on the data underlying a set of financial statements. This service results in the CPA's expression of limited assurance as to the fairness of the financial statements. Although the assurance provided is limited, it is more than that provided in a compilation but less than that provided by an audit.
Review, Design, and Implementation of Internal Control Systems
This service is designed to assist businesses to create, evaluate, or reorganize their internal control structure for accounting functions. Internal controls are an integral part of any successful business and effective use of properly designed controls can ensure accurate reporting of accounting information and help prevent errors as well as fraud, embezzlement, and theft.
Sales and Use Tax
Sales tax must be collected and remitted to the appropriate state for all qualifying sales of goods and services. Use tax must be remitted to the appropriate state for all purchases of non-resale items in which the state sales tax was not paid. This service is designed to assist businesses with the filing of sales and use tax reports.