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Certified Specialist In Taxation Law

BUSINESS SYSTEMS

    Innovation for many firms, especially professional service firms, such as CPAs and Attorneys, is imperative in order to remain competitive in a rapidly changing technological environment.  Your clients are innovating and they are demanding that their associates and advisors keep abreast of the latest technology.  Lawyers who resist technological advances and continue to insist on doing their legal work with a yellow pad of paper and a legal secretary will be left behind in the information age.  Internet usability and functionality is progressing at a rapid pace and is fast becoming an interactive medium from where an increasing number of people are conducting business.   Many computer consultants are great at setting up your system and installing your programs, but do they have an understanding of your business?  We advise the professional in these areas.

    If you are in business, it is imperative that you keep good records.  Even if you have actually reported your income, if you cannot prove certain expenses and document your deductions, you still may be subject to an adverse finding before government agencies, such as the Internal Revenue Service, Franchise Tax Board or State Board of Equalization.  This is why it is important to have good internal control systems and to keep good records.  We assist our clients with keeping good documentation.

    Most accounting firms will charge you a monthly or quarterly fee for them to do your accounting.  This may be good for some businesses.  However, we do not believe that this is a wise avenue, especially because of the various simple accounting systems available to most businesses.  In most cases we will train your existing staff to perform most of the accounting and data processing functions, even if they lack accounting background and computer experience. 

    We can also assist your business with:

bulletPreparing and setting up cash flow projections
bulletPreparing and setting up projected income statements
bulletPreparing and setting up tax projections
bulletChoosing computer software and hardware to meet the needs of your business
bulletBreakeven and profitability analysis

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                    Last modified: January 14, 2008