The wide range of services we provide

Individual Services

Your personal affairs are handled in the strictest confidence by our team of professionals and we are always available throughout the year to answer any questions you may have relating to your financial or tax needs.  A listing of our individual services, along with a brief description of our tax preparation, estate planning and real estate services, is provided below:

  • Estate Planning & Administration

  • Foreign Income Tax Planning & Preparation

  • Gift Tax Reporting

  • Guardianship Accounting

  • Income Tax Return Planning & Preparation

  • International Transactions

  • Personal Financial Statements

  • Real Estate Analysis

  • Trust Accounting & Taxation

Tax Planning & Preparation

 

As part of each year's tax return preparation, we assist you with tax planning strategies to help reduce your tax liability over time.  We are available to represent you before the Internal Revenue Service should the need arise and we offer specialized strategies to prepare for retirement using a variety of tax-deferred instruments.  In addition to our general tax planning practice, we do a substantial amount of international tax planning for foreign clients doing business and/or investing within and outside of the U.S.

 

Estate Planning & Administration

 

Estate planning is not just for the wealthy or those retiring soon.  Early planning helps reduce current tax liability, assures maximum income for retirement, and provides for your heirs based on your preferences.  An important aspect of estate planning is utilizing the proper tax strategies early in life to save you money in the long run.  We have extensive experience in the planning and preparation of estate and gift tax returns and would be happy to discuss these services further.  We also are experienced in the field of financial guardianship accounting and can assist you in establishing a program for a minor child or incapacitated adult consistent with state and federal law.

 

Real Estate

 

We recognize that real estate plays an important role in your personal investment strategy and an analysis of your real estate holdings is one of the services we provide.  As CPAs, we understand the tax ramifications associated with real estate transactions and can help you structure the best transaction to fit your needs.  One of our professional staff is a licensed Florida realtor who is familiar with the markets and can assist you when you are buying, selling or managing your real estate.  They are associated with Preferred Properties, who has offices in Key West and Summerland and has the Christie's Great Estates affiliation as an international showcase for distinctive properties.



Government Services

Our practice's success is based upon delivering specialized expertise to our clients while providing a high level of personal service.  We are proven to work efficiently and effectively with all levels of staff, provide continuity in service over the term of a project, and have the depth to tackle whatever challenges arise.

Our firm believes it is imperative to stay current on developments and trends in the specialized area of accounting and our professional staff adheres to the additional continuing education requirements established by Government Auditing Standards to ensure that we are serving our clients with the latest available knowledge.

Auditing & Accounting

An independent audit provides the governmental unit with an opinion as to the reliability of the financial statements, the adequacy of the internal control structure and compliance with applicable laws, regulations and ordinances.  In performing the financial and compliance services, we are able to assist the government entity with fulfilling their responsibility for proper and efficient handling of public funds.

We will also assist you with accounting services.  We are readily available to work with your staff in securing a system that provides for proper reporting and disclosure, as well as providing hands on support to assist in determining the appropriate treatment of technical issues.

Advisory Services

Our knowledge and experience provides a strong basis for preparing recommendations to assist the various agencies in reaching their goals and objectives.  Performance audits can help lower costs by improving operating efficiencies and employee productivity.  Our services include assistance in preparing documents and schedules for bond issues, as well as working with bond counsel and other professionals on your team.




Not-For-Profit Organization Services

Our partners, associates and support staff take an active role in local civic and charitable organizations.  We understand the needs of these organizations for special tax and business services.  A listing and brief description of our not-for-profit services is outlined below:

  • Accounting Systems Review & Design
  • Audits
  • Business Plans & Budgeting
  • Computer Hardware & Software Selection
  • Computer Systems Analysis & Training
  • Financial Statements
  • Form 990 Income Tax Returns
  • IT Consulting & Technology Solutions
  • QuickBooks Set-Up, Training & Implementation
  • Training & Development

Tax Related Services

Changes in federal and state laws have made operating not-for-profit groups more difficult.  As governments experience revenue shortfalls, they have tightened regulations for nonprofit organizations.  Proper tax planning and preparation of returns is critical to ensure that your organization stays in compliance with the law.  Our firm is here to assist you in obtaining and maintaining your tax exempt status, and in preparing your annual tax returns.

Business Services

Government agencies or national affiliate organizations often require not-for-profit groups to file financial statements.  Even if not required, such statements and financial projections will better help you meet the goals and objectives of your organization.  Because we recognize that nonprofit groups often use largely volunteer services, we offer various financial advisory services that will help you manage your organization's financial affairs in an easy, cost-effective manner.

 

Business Services

A listing of our business services, along with a brief summary of our tax, financial management and business advisory services, is provided below:

  • Accounting & Bookkeeping
  • Accounting Systems Review & Design, including Back Office Operations
  • Audits
  • Business Plans & Budgeting
  • Computer System Analysis & Training
  • Computer Hardware & Software Selection
  • Corporate & Partnership Income Taxation
  • Financial Statements
  • Incentive Compensation Plans
  • Insurance & Retirement Planning
  • International Transactions
  • IT Consulting & Technology Solutions
  • Management Consulting
  • QuickBooks Set-Up, Training and Implementation - A QuickBooks Certified ProAdvisor

Tax Services

We provide all standard tax return preparation services for sole proprietorships, partnerships and corporations.  This includes preparing your payroll, sales and use, excise and tangible tax returns, as well as income tax filings.   While working on your returns, we assist you in planning for future years.  Should your business be selected for an Internal Revenue Service audit, we will represent you if you desire. 

401(k), simple IRA, profit sharing and other retirement programs have become more complex in recent years.  Through proper tax strategies, these programs can be cost effective and enhance the benefits package you offer to employees.  We apply these tax strategies and work with you in selecting a program that will best serve the needs of you and your employees. 

Financial Management Services

Our firm offers special skills and experience in providing financial management services to our business clients.  Few small companies are able to afford a full-time controller, the person that makes sure you stay on track with your business plan and implement it in the most profitable manner.  That key position is fundamental to maximizing profits in corporations.  We can serve as your business controller by helping you develop a sound financial management program that includes defined budgets, business plans, managing cash flows and controlling inventory and other assets.  We can assist with your annual business forecasting and projections, prepare year-end financial statements and provide a year-end review of your operations. 

We work with businesses of all sizes to develop in-house accounting systems and records maintenance programs that are easy to use and reduce the time spent in preparing annual tax returns and financial reports.  We have a certified QuickBooks ProAdvisor and have experienced personnel who can work with you on the set-up, training and implementation of this software on premises.

With today's complex tax laws and banking regulations, financing real estate, equipment and inventory purchases has become more complicated.  We regularly work with our clients to find the best financing methods for their businesses and then in obtaining the financing program from the lending institution.  Sound financial planning and cost-effective management systems enable you to concentrate on what you do best - running your business profitably.

Additional Business Advisory Services

If you are planning to set up a new business, expand or merge an existing business, or sell your business, we can assist you in developing the best strategies to maximize your return and reduce your tax liability.  Proper planning before taking these important steps will save you considerable amounts later and make the process easier. 

We have developed a number of innovative techniques to automate office management and improve operations.  A periodic review of your business practices, especially if you have expanded recently, will help ensure that you are operating in the most profit-oriented, cost-effective manner.

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