Advisory Services

I love helping my clients be able to act, and not react, about their tax bill by thinking ahead and planning activities and transactions designed to reduce your taxes. This service includes a review of your situation and goals and includes one or more planning sessions to present options available to you to legally pay fewer taxes.  Most clients use a customized combination of:

• Individual tax planning
• Providing tax projections throughout the year
• Assisting with the tax requirements of certain situations that may come up in your life, such as marriage, divorce, settlements, windfalls, investment transactions, international work, illness, or death of a family member
• Transferring wealth to children and estate planning
• Choosing the most advantageous type of entity for your business
• Maximizing the benefits of using the family in a family business.

Business consulting services include many areas. We will discuss your business goals and current challenges and guide you toward a set of solutions to achieve your goals and solve your issues. Here are some areas of experience providing solutions:

• Cash flow improvement. This is THE most common issue with businesses; fortunately, there are many ways to tackle this issue. We start by reviewing your invoicing, payroll, purchasing, and payment processes and suggest ideas for speeding up cash collections and slowing payments. We can prepare cash flow forecasts and projections to evaluate your short-term needs. We can also review your liabilities and prepare a bank loan package or create a payment schedule to get you out of debt.
• Strategic planning and budgeting. Many businesses are flying blind from payment to payment, hoping they have more money at the end of the month than they did at the beginning. Profit planning (aka budgeting) helps you identify and track a realistic plan for what you would like your business to do for you. We can help you build a strategic plan for your business as well as a budget plan so you can get clear on your business’s future.
• Financial review and performance analysis. We can hold periodic review sessions with you to discuss your financial results and point out opportunities for increased profits or revenue. I can also provide graphical dashboard analysis including forecasting, goal-setting, KPI selection (key performance indicators, kind of like a report card for your business), what-if simulations, benchmarking and more.
• Capital expenditure and project analysis. You don’t have to be a business owner to know that the things you could do with cash far exceed the cash available to pursue them. In a business, I can help you evaluate and prioritize the right projects for your business to reach your goals and reach them faster.
• Fraud detection and internal control review. If you suspect that an employee (or vendor or partner, etc.) may be stealing from you, I can perform fraud detection services to help you discover and document the theft. If you’re concerned that you may not have the controls in place to prevent fraud, I have built a career helping people identify and put into place stronger internal controls to reduce the risk of future fraud.
• Specialty accounting services. These services, which include items like job costing and inventory analysis, can help you find ways to improve your business profitability. We take a deep look at your operations, reviewing items such as profit margins, pricing, revenue growth, and costs to identify opportunities to improve and strengths to repeat. 

Technology’s capability to really help small businesses keeps improving, getting more affordable, and gets more easily configured and maintained. However, finding the right mix to use and locking into a platform are big decisions that should be evaluated thoroughly. The right technology can greatly boost your bottom line. We’re tech-savvy accountants that can help you streamline your accounting workflow with the right choice of accounting software and apps for your business. I can help with:

• Accounting system selection
• Transition to the new system
• System implementation
• System customization
• Accounting software training
• Integration of add-ons to enhance your core functionality  

No matter what your tax, accounting, business, or financial issue is, feel free to give a call so we can get started helping you today with accounting advisory services for businesses and individuals.