Timely and accurate financial information is critical for any business. It is impossible to make informed business decisions when you do not understand the financial health of your company. We can perform general ledger maintenance, account reconciliations, prepare account schedules and also prepare financial statements such as a balance sheet, income statement and statement of cash flows. This comprehensive information is the beginning of understanding the financial health or your company.
Understanding financial health and having a plan for the future could determine the the longevity of your business. How much revenue do we have to generate to break even or earn a profit? Do we have the cash flow to support our expansion? Does it make sense to take on debt? Does it make sense financially to purchase or lease new equipment? How can we improve our working capital? We can help you answer these types questions and help you develop and execute your plan to improve the financial health of your business.
The IRS requires most income earning entities to file a income tax return. Attempting to prepare a income tax return can be difficult and time consuming. Tax preparation software will not always help you maximize your credits and deductions which will decrease your tax liability. We can prepare income tax returns for individuals, estates, trusts and businesses. We can also assist is developing long term tax strategies to help you understand and prepare for future income tax implications.
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