Frequently Asked Questions

We offer a wide range of accounting services including bookkeeping, tax planning and preparation, financial statement preparation, payroll services, auditing, business advisory, and more. Our services are tailored to meet the unique needs of both individuals and businesses.

Our fees depend on the specific services you require. We typically charge either a flat fee for certain tasks, such as tax return preparation, or on an hourly basis for more complex work like audits and consulting. We always provide an estimate before starting work so you know what to expect.

Yes, we have expertise in several industries, including real estate, healthcare, retail, non-profits, and technology. However, we are well-equipped to serve clients in any industry, as our approach is tailored to meet your unique business needs.

We can help you optimize your tax strategy to ensure you’re taking advantage of all available deductions and credits. Additionally, we provide financial planning, budget analysis, and cash flow management to improve your business’s financial health and profitability.

For tax preparation, you’ll need to provide W-2s, 1099s, bank statements, receipts for deductions, investment documents, and any other records of income and expenses. For businesses, this includes financial statements, payroll reports, and detailed records of income and expenses.

A bookkeeper handles day-to-day financial transactions like invoicing, bill payments, and recording income and expenses. An accountant takes a broader approach, analyzing financial data, preparing tax returns, providing strategic advice, and ensuring compliance with laws and regulations.

Yes, we can represent you in front of the IRS. We provide audit support services to help you gather necessary documentation and prepare responses. We also handle IRS notices, payment plans, and other issues that may arise.

For businesses, we recommend meeting quarterly to review financials and ensure everything is on track. For individuals, annual meetings around tax season are usually sufficient, but we are always available for additional meetings as needed.

Outsourcing your accounting can save you time and money. You get access to a team of professionals with specialized expertise, without the overhead costs associated with hiring full-time staff. Outsourcing also provides more flexibility and ensures compliance with ever-changing tax laws.

Cloud accounting involves using software that allows you to access your financial data online from anywhere. We do offer cloud accounting services, which provide real-time access to your financial information, making it easier to track expenses, manage invoices, and collaborate with us.

Absolutely. We can assist you in developing a detailed financial forecast, budget, and strategy for your business plan. This can help secure financing or investors and set a solid foundation for your business growth.

The best software depends on the size and needs of your business. For small businesses, QuickBooks is a popular choice. For larger businesses, we may recommend more robust solutions like Xero, Sage, or NetSuite. We can assess your needs and suggest the best option.

We take client confidentiality very seriously. Our firm uses secure, encrypted software and follows strict privacy protocols to ensure that your sensitive information is protected at all times. We also comply with all data protection regulations.

If you missed the deadline, it’s important to file as soon as possible to avoid additional penalties. We can help you file your taxes, apply for extensions, and negotiate with the IRS if penalties have been assessed.

Yes, we can assist with estate planning by helping you structure your estate in a tax-efficient manner. We work closely with attorneys and financial advisors to develop a comprehensive estate plan that meets your financial goals.

Our firm is staffed by certified professionals, including Certified Public Accountants (CPAs) and tax specialists with extensive experience in accounting and finance. We undergo continuous training to stay current with changes in tax laws and accounting standards.

The time it takes to prepare your taxes depends on the complexity of your return. For individual returns, it typically takes 1-2 weeks once we have all the necessary documents. Business tax returns may take longer due to additional complexities.

Yes, we provide advisory services for startups, including business structuring, financial planning, tax planning, and cash flow management. Our goal is to help startups navigate the complexities of starting a business and establish a strong financial foundation for growth.

Yes, we have experience with international tax matters, including expatriate tax returns, foreign asset reporting, and cross-border tax planning for both individuals and businesses.

Accurate financial statements are critical for understanding the financial health of your business. They help you make informed decisions, secure financing, comply with tax regulations, and plan for future growth. Inaccurate statements can lead to poor decisions, penalties, and missed opportunities.