Services
If you’re looking for a Firm that will focus on your individual and small – medium sized business needs and always treat you like a client who matters, look no further. Our Firm offers a full range of professional services to give you the individual attention that you deserve.
We will thoroughly and conscientiously study your personal and business situation, and tailor our advice to your specific needs. Below we have listed the services we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed.
Accounting Software Selection & Implementation
There is no shortage of accounting software solutions for your business. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
Bookkeeping/Write-Up
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, our CPA Firm can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs. The Firm is a QuickBooks ProAdvisor.
Business Consulting
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your new business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Entity Formation / Termination with the Secretary of State
Subsequent to selecting the type of Entity your company will operate, the Firm will submit or complete the appropriate documents required for your company to submit them to the Secretary of State for approval to establish your LLC, PLLC, Partnership, or Corporation. The Firm will also assist with establishing the organization’s Registered Agent as appropriate.
Should the Entity decide to Terminate its existence after formation, the Firm can assist with filing the necessary documents with the Secretary of State and any other required State or Federal Agency to Voluntarily Terminate the Entity.
IRS Filings (EIN Number / S-Corp Election)
As part of the Entity Selection and/or Entity Formation Process, the Firm can assist the business owner with obtaining its Employment Identification Number (EIN), which is a very critical Business Identification Number that all Entities should establish, even Sole Proprietors.
Financial Statements (Compilation / Review)
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely compiled or reviewed financial statements and budgets.
Nonprofit – Accounting and Reporting
Coming Soon
Notary Public
A notary public can help you to handle various business matters, including witnessing and authenticating document execution and signatures. We offer Notary Public services and are available when you need us.
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
ITIN (Individual Taxpayer Identification Number)
If you are looking for guidance on applying for an ITIN (Individual Taxpayer Identification Number) for you, your Spouse, Children, or Parents/Other relatives whom you support to claim additional tax benefits (if applicable) when filing your tax return, Eley Tax and Accounting Services can advise you on filing the Form W-7 and the procedure to attaching the necessary identity documents. The Firm also has the expertise and experience in completing Form W-7, which can be filed with your Federal Income Tax Return.