Core Services – at a Glance
Our highly skilled Bookkeepers provide accurate recording of all your financial transactions using an electronic accounting system. The full-charge Bookkeeping Services include, but are not limited to, proper listing of Accounts Receivable transactions, Accounts Payable transactions, Creating/adding new categories to the existing Chart of Accounts (when needed), bank/loan/credit card reconciliations, Cash Receipts, controlling general ledger activity, Business filings (sales tax, personal property taxes, etc…) and generating financial statements.
We also outsource our Bookkeeping staff, if needed, to meet your business needs. We guarantee that using our office will save you hundreds of $$$ compared to hiring an In-house helper.
We process payroll on a weekly, bi-weekly, semi-monthly and monthly base through live checks, direct deposits to an existing bank account and/or pay cards. We can also process third party garnishment transactions, child supports, as well as 401(K) contributions. We also insure a timely filing and payment of monthly/quarterly reports with the IRS and all 50 States. In addition to this, our strategic alliance with ADP will give you the option to benefit from ADP’s professional service and pay less for it.
New Business Setup Services
We help you make the right business decision by choosing the type of corporation to operate. We offer assistance establishing Limited Liability Companies (LLC), C Corporations, and S Corporations by explaining the Pros and Cons of each along with the tax consequence of the classification chosen. We also provide new business owners with a list of the IRS allowed business expenses for a better understanding of what can be claimed as a deduction on the yearly tax return.
Individual Tax Preparation and Planning
We provide individual tax preparations services and we help you save on taxes by using our tax planning strategies. We understand our clients’ needs by reviewing their tax returns and offer advice to each taxpayer, individually.
Business Tax Preparation and Planning:
We ASK questions and understand your business activity as if we are part owners. This being said, we help our clients maximize their tax savings when filing their yearly Federal and State taxes. Our services include tax preparation of complex returns for LLCs (1065), C Corporations (1120) and S Corporations (1120S).
Non-Profit Organization Services:
We assist setting up non-profit organizations from filing the required forms with the State to filing the IRS tax exempt status forms. We also file tax returns for non-exempt institutions by preparing IRS form 990.