BUSINESS SERVICES

We offer many services to our clients, both individual and business. Because we are small, our clients benefit by getting personalized, quality service. The following is a list of the typical services we offer business clients along with a brief description of each service.

1. Income Tax Services
2. Tax Preparation
3. Income Tax Projections
4. Tax Audits
5. Monthly Bookkeeping and Tax Services
6. QuickBooks Assistance
7. Business Tax Projections
8. New Business Consulting
9. Business Consulting
10. Financial Statements
11. Financial Projections

1. Income Tax Services
   We have over 40 years experience preparing income tax returns. By keeping current on new tax laws and legislation, we are able to identify tax-planning opportunities that will minimize your taxable income and tax liabilities. We provide our business clients with taxation expertise and knowledge throughout the year. Our tax services include but are not limited to the following:
   
   
   • Corporation and partnership tax return preparation
   • Identifying and solving tax compliance issues
   • Tax planning
   • Taxpayer representation if audited
   • Deciding form of business entity
   • LLCs/FLPs planning issues
   • Tax effects of buying or selling a business
   
   
2. Tax Preparation
   Tax preparation and planning go hand and hand. Our experienced staff can prepare your tax returns for you. Call us for an appointment (704-875-6399). We can do prior year returns and amended returns.
   
   
3. Income Tax Projections
   We can project your taxes for the current year and the following year. This not only gives you a heads up on what you need to plan for, but it also allows you to plan your income and deductions to achieve the lowest tax possible. This also helps to avoid tax penalties by planning your withholding and estimated tax payments.
   
   
4. Tax Audits
   We have years of experience dealing with the IRS and N.C. Whether you get a letter or a visit, we can represent you. In most cases you don’t even have to go; we go for you. If you get a visit, we usually have the IRS come to our office. This makes for less interruption of your office routines.
   
   
5. Monthly Bookkeeping and Tax Services
   If you own a business, timely and accurate financial information is important. We provide monthly accounting services to assist you in getting your accounting records compiled, we will tell you what your tax payments are and prepare the required tax reports. For a fixed monthly fee we can provide the following:
   
   
   • Monthly bookkeeping - When you can’t do it, we can help you.
   • Payroll taxes and reports – We can prepare your monthly, quarterly and annual tax returns. We will tell you how much to pay and when.
   • Sales Taxes – We can prepare the returns for you and answer questions that you have.
   • Financial Statements - We can prepare a monthly compiled, income tax basis financial report to show your year to date financial results.
   
   In addition to these monthly services, we provide other necessary services such as (these services are billed separately):
   
   
   • Update and review – We can meet with you periodically to review your financial results, tax situation and planning opportunities.
   • Year End Tax Returns – Whether you are a sole proprietorship, corporation, partnership or LLC, we will do the tax returns and provide planning services.
   
   
6. Quickbooks Assistance
   The most popular accounting program is Quickbooks. We work with all recent versions of QuickBooks. We will assist you in setting up the program and train you to use most of its features. We are available to answer questions or problems you encounter.
   
   
7. Business Tax Projections
   As your business approaches the end of the year, the questions arise, “How much tax will I pay, how much retirement can I contribute and how much is my bonus?” We can project your year-end results and calculate your taxes, bonus and retirement contribution that fit with your financial goals.
   
   
8. New Business Consulting
   Starting a new business? You have many questions that we can answer for you, such as form of entity, accounting systems, deductible business expenses and how much tax you owe.
   
   Buying a business? We can help you make the decision of how much to pay. Once you purchase the business we are there to provide tax and accounting services.
   
   
9. Business Consulting
   We view ourselves as your business controller. We can be a sounding board for your thoughts. With our experience we can help you identify problem areas and work through solutions.
   
   
10. Financial Statements
    We will prepare your financial statements in accordance with professional standards. Financial statements are the basic source of information about your business. They can assist you in making important business decisions. We stay current with accounting standards. We prepare financial statements for management use and for your banker. We provide compilation and review services. We do not do audited financial statements.
    
    
11. Financial Projections
    Forecasting your financial situation can be a useful and effective management tool. We can assist you in preparing your business projection. Projections are very helpful when trying to obtain a bank loan.