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Accounting Services
We provide complete, accurate reporting and critical analysis that allow you to evaluate your financial health and achieve your business goals. Our experienced accounting experts can help you by delivering financial statements and reports or handling all your accounting tasks so you can fully focus on your core business.
To support your accounting needs, our firm will prepare everything from financial statements to compilations and reviews. We also take the time to review all of your data with you throughout the year to offer insight and help you to understand the story behind the numbers. Our skilled financial analysis will give you better visibility into the factors driving your business.
Audit and Assurance Services
GT Consulting LLC, CPAs offers complete audit services—providing sound insight on financial statements and internal controls over financial reporting:
• Audit—Offering the highest level of assurance, after careful examination, we offer our opinion on your financial statements and internal controls over financial reporting.
• Review—this type of engagement offers limited assurance of the business’s financial statements and requires inquiries of client management and analytical procedures.
• Compilations – A compilation entails obtaining information from your staff and placing it in the form of financial statements, without expressing an opinion or assurance on them.
Our firm adheres to the highest principles of technical accuracy, proficiency and ethical practice of the requirements of professional standards.
Third parties relying on your financial statements often require an audit or review for assurance. If you find yourself in this position, let us discuss our ability to meet your needs.
Tax Services
Our goal is to help you achieve your top priorities of paying less in taxes. This is best achieved through comprehensive tax planning. We stay current and up-to-date on tax laws and legislation. We assist our multi-state individual, corporate, partnership, estate, and non-profit clients with planning and tax preparation. We work with you throughout the year to develop a customized plan with tax-saving strategies that are tailored to your unique situation. Our one-on-one service and expert tax return preparation and advice will give you peace of mind, knowing that your tax return is in capable hands.
We are committed to minimizing your tax liabilities and maximizing your future opportunities—while remaining in full compliance with IRS statutes.
IRS Representation
We also provide expert IRS representation services as we understand that few things evoke more fear than receiving a notice from the IRS. We act as your representative in front of state and federal agencies to help resolve your issue in a timely manner with as little stress as possible. Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide you through your situation with ease and expertise.
Payroll Services
Our Experienced team will accomplish all your payroll needs so you can get back to what you do best—running your core business. One of the most time-consuming tasks any business owner faces is payroll. Processing payroll involves much more than simply handing out regular paychecks, and involve taxes, deductions, and changes in payroll laws, year-end documentation, and more to worry about. Let those headaches be ours! This is both cost- and time-effective that will benefit your business. By us handling your payroll, there will be no need for you to staff an employee dedicated to this task, and no need to maintain your own payroll system. As your experienced payroll partner, we will handle all of your needs, including check processing and printing, direct deposit, W-2 and 1099 processing, filing up-to-date quarterly and annual payroll taxes, and reporting.
Business Consulting
We support clients on a full-service basis. Our business consulting services ensure that you are successful from the launch of your business and as you move forward. We understand that there are many aspects of running a successful operation, and that’s why we cover all the bases—offering everything from entity selection and initial setup of your accounting records to internal control framework. Take a moment to review our complete list of consulting services, and consider the items that meet your needs:
• Accounting software conversion and implementation
• QuickBooks training and consultation
• Internal control systems design, implementation and review
• Business valuation
• Entity selection
• Financial planning
• Cash flow management
Tax Planning
Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.
We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars.
Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.
We recommend Tax Saving Strategies that help you...
- grow and preserve assets by keeping Uncle Sam out of your pockets.
- defer income so you can keep your money now and pay less taxes later.
- reduce taxes on your income so you keep more of what you make.
- reduce taxes on your estate so your family keeps more of what you've made.
- reduce taxes on your gifts so you can give more.
- reduce taxes on your investments so you can grow your wealth faster.
- reduce taxes on your retirement distributions so you can retire in style.
Here's just a few of the Tax Saving Strategies we use...
- Splitting income among several family members or legal entities in order to get more of the income taxed in lower bracket.
- Shifting income or expenses from one year to another in order to have them fall where it will be taxed at a lower rate.
- Deferring tax liabilities through certain investment choices such as pension plans, contributions and other similar plans.
- Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.
- Finding tax deductions by structuring your money to pay for things you enjoy, such as a vacation home.
Remember, we work for you not for the IRS. Many of our clients save many times the fee in reduced tax liability through careful planning and legitimate tax strategies.
