From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Our accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
Cash Flow Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. We can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business' success. This balanced plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
We also provide financial statement services. Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
We prepare and provide the following tax forms and services for expats and US residents with multiple foreign compliance requirements.
Form 1040- US individual income tax return
Form 2555- Foreign earned income exclusion
Form 1116 – Foreign tax credit
Form 5471- Foreign corporation ownership reporting
Form 3520 – The foreign trust and gift form
Form 8621 – PFIC reporting
State Income tax returns
Form FINCEN 114- FBAR reporting
Form 8938- FATCA Reporting
Form 1040 NR – Non-Resident Alien reporting
Form 8865 Foreign partnership return
Form 8858- Wholly owned foreign disregarded entity
Form 8854- Initial and annual expatriation statement
Form 5472- Corporation owned by Foreigners
Form 926- Transfer of property to a foreign corporation
Consultant on US Double tax treaty with various countries
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
This service is designed so we can become your off-site internal accounting department. You turn over all the time-consuming tasks to us including the following: recording deposits, paying bills, reconciling bank accounts. With our technology you just send us scanned source documents via our secure website, email, or fax. You can enjoy a complete web-based relationship and process if you like. The value of an outsourced bookkeeping service is the ability to free you up to run your business, handle documents at peak efficiency, eliminate the need for hiring and finding a qualified onsite accountant. Our staff can offer reports, financial statements, tax planning, cash flow and more via your secure web-based portal or via secure email.
Payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment, and preparation of tax returns.
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.
We offer the following solutions to help meet your QuickBooks needs:
We train you personally! Either one-on-one or several individuals within your organization at your company's location.
We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.
We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.
Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.
Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
We focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law.