Practice Accounting and Tax Planning

Why is maintaining accurate and timely accounting books
and records an essential part of your financial foundation?

The information contained in your practice's accounting ledgers and journals is used to prepare the income tax returns and other government reports for the practice. In addition, accurate and timely prepared financial statements extracted from your accounting system are valuable management tools for analyzing the financial health of your practice.  If the foundation has been laid correctly with accurate books and records, then they can be used with confidence as tools for reporting, analysis, and growth. 

We offer the following services for your practice:

Practice Accounting

- Consulting on selecting the appropriate type of entity for your practice
- Practice accounting and assistance with the bookkeeping functions
- CPA-prepared financial statements
- Payroll processing and monitoring
- Accounting systems training for in-house bookkeepers
- Accounts receivable and cash flow management
- Business plans, pro-forma financial statements, and loan applications

Income Tax Planning & Preparation

- Business tax compliance and planning
- Federal and State business tax preparation
- IRS and State tax elections
- Individual income tax planning and preparation
- IRS representation and problem resolution