Small Business Assistance

Small Business Assistance

 

We will instruct you on the best entity (sole proprietorship, partnership, LLC or corporation) for your circumstances. The entity you choose ultimately affects your tax position.  Each has its own positives and negatives, making the decision complicated, so we are hear to guide you through the best decision that take under consideration all of your goals for your company and your business plans for the future. We also offer registered agency services which will keep your information (names and addresses) private and in the process we notify you when there are any legal documents received.

Business transactions and transitions are complicated affairs, and whether you’re buying, selling, or considering a potential merger, Hollis CPA, LLC can provide professional know-how to help you successfully structure and negotiate the deal. We always employ careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics.  We will assist you with the purchase or sale of your business. Implicit in this process is the valuation of the entity in question. We have performed informal business valuations and can provide guidance in the most favorable allocation of purchase/selling price to the assets being bought and sold.

We will help you with your bookkeeping problems in the way you want to be helped. We specialize in Professional Accounting programs sponsored by Intuit (the makers of QuickBooks) and keep current with each version of the program as it is produced. Thus, we can assist you in maintaining your records in QuickBooks once you have been trained, or we will do your bookkeeping for you, if that is your desire.

We will meet with you on a quarterly basis (or some other interval of your choice) to discuss matters of importance to you, such as your quarterly tax liability. We will help you budget, advise you of revenue enhancement and cost reduction strategies, suggest tax saving ideas and help you set up the appropriate retirement plan.

We will prepare your business license application/renewals, your sales tax reports, your Secretary of State Statement of Information, your required Forms 1099 and any other reports required of you by governmental authorities.

Our corporate professionals can also assist you in sorting out the different options available for debt management and financing that will result in optimal tax implications.

We can also perform all the day-to day functions of your business accounting (and offer personal accounting as well), like paying bills and performing all of the “necessaries” required by government authorities; such as payroll and tax reporting. We will ensure you miss no deadlines while keeping you apprised of your financial situation.