We offer accounting services such as bookkeeping and payroll management. We prepare financial statements in accordance with US Generally Accepted Accounting Principles (GAAP).
Compilation, Review, and Audit
We offer professional compilation, review, and audit services to small businesses.
We offer professional preparation of all federal, state, and local tax returns at competitive, affordable rates.
We assist in designing, implementing, and documentation of internal controls. We also assist in setting up operations for new businesses.
We will prepare a presentation of the financial statements that is mathematically accurate by compiling the information provided by the company. We make sure that the financial statements are in the appropriate form without obvious material errors. This service is subject to the Statements on Standards for Accounting and Review Services provided by American Institute of Certified Public Accountants (AICPA).
We apply analytical procedures to the financial statements and make various inquires of the company's management team. This data will allow us to identify any unusual items or trends in the financial statements. The review is subject to the Statements on Standards for Accounting and Review Services provided by American Institute of Certified Public Accountants (AICPA).
We will examine the financial statements in accordance with the auditing standards generally accepted in the USA. Audit procedures include the examination of specific information that supports the amounts and disclosures in the financial statements.
We will record financial transactions including, but not limited to, sales, purchases, income, expenses, and payments. These transactions will be maintained using either QuickBooks or Peachtree accounting software. We will then reconcile the general ledger accounts and perform bank reconciliation. Monthly financial statements are created and verified for accuracy after all other tasks are completed.
Trade & Distribution
Corporate Tax Preparation:
We prepare the 1120 and 1120 F forms and any other applicable state forms while making sure that all forms are in compliance with tax regulations.
Individual Tax Preparation:
We prepare both the 1040 and 1040 NR forms and any other applicable state forms while making sure they are in compliance with tax regulations.
We review payroll ledger and quarterly employer payroll reports. We reconcile salaries expenses recorded between the general and payroll ledger. We perform gross up calculations to ensure the withholding tax is sufficient for tax reporting.
Sales & Use Tax:
We determine which items are subject to sales tax and use tax by abiding by the standards set forth.
GA Sales Tax
TN Sales Tax
Business Personal Property Tax:
We prepare the personal property tax returns for applicable state and local tax jurisdictions.