Tax and Management Advisory

Tax Preparation and Planning. All tax strategies are incorporated into sound business decisions derived through an overall comprehensive analysis of the particular situation. Use of state of the art technology and tax related software allow us to provide these services in an efficient manner. Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.

• Your tax return will be checked and rechecked by our computer software identifying potential problems the IRS may look at more closely and reviewing the math to limit IRS contacts.
• Your tax return can be filed electronically so you will get a refund back quicker.
• We will show you how to adjust your payroll withholding to get more money back each week.
• We will show you potential deductions to limit your tax liability for next year.

Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year. We recommend Tax Saving Strategies that help you:

• Grow and preserve assets.
• Defer income so you can keep your money now and pay less taxes later.
• Reduce taxes on your income so you keep more of what you make.
• Reduce taxes on your gifts so you can give more.

Strategic Business Planning. A strategic business plan is much more than a tool to obtain financing. If you still have all your plans and ideas locked up inside your head, preparing a strategic plan can help you clarify your company’s direction. It can ensure that your key leaders are all on the same page, and keeps both management and staff focused on the tasks at hand. A Strategic Plan is often needed when:

• Starting a new venture, product, or service.
• Expanding a current organization, product, or service.
• Buying a new business, product, or service.
• Turning around a declining business.

The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks. The plan will allow you to:

• Identify and describe the target customer profile, features, advantages, and benefits of your new venture, product or service.
• Justify that your plans are credible by fully researching the need being filled with your new venture.
• Develop marketing plans including full descriptions of targeted promotional campaigns with implementation timelines. You also get to examine market conditions, the nature of your customers, as well as your competitors, sales potential, and projected results of your promotional campaigns.
• Develop staffing plans including identifying the key players, skills, attitudes, and expertise needed to build the venture.
• Develop management plans including full descriptions of management systems and timelines for implementation.
• Develop financial plans including projected startup costs, operating costs, revenue, profits, and break-even analysis for the first 3 to 5 years.
• Projected financial plans allow you to effectively predict upcoming problems, or prevent them. In other words, the perspective gained through your strategic business plan can make a significant contribution to your company’s success, and help you get the funding you require. In fact, most lending institutions and private investors will not even talk to you without a solid financial plan.
• Identify building and equipment needs including vendors and cost estimates.
• Formulate company milestones including timelines for upcoming products and services in development.