Since we recognize that many of our clients have specific needs beyond accounting and taxation, Salinas, Allen & Schmitt functions as a business advisor and plays a key role in decision-making regarding transactions that have a financial impact on individuals and organizations.
Our professional staff is trained to communicate openly with all levels of management. We strongly encourage our clients to set financial goals and establish the systems and procedures to monitor progress. On the basis of client need, we provide a full range of accounting, auditing, tax, and advisory services, including.
* Accounting/Write-Up
* Auditing
* Budgets, Forecasts and Projection
* Business Acquisitions/Reorganizations and Mergers
* Business Valuations
* Corporate/Partnership Formation, Operation and Dissolution
* Estate Planning
* Financial Consultation
* Financial Statements - Compilation and Review
* International Taxes
* Litigation Support
* Personal Financial Planning
* Quickbooks Training including Point of Sale
* Retirement Plans
* Tax Return Preparation
ACCOUNTING/WRITE UP:
At Salinas, Allen & Schmitt, we offer complete accounting and bookkeeping services to small business that do not have the benefit of employing full-time accountants and bookkeepers. Our professionals can help you with your accounting needs by acting as your bookkeepers. Equipped with latest technology, Salinas, Allen & Schmitt professionals can efficiently generate your general ledgers and financial statements. In addition, we are able to prepare sales tax reports, quarterly and annual payroll tax reports, and W-2's needed for your employees. We also assist in the preparation of payroll checks. Remember, there is a solution to complex bookkeeping problems! Let our qualified accounting staff take care of it! We know what you need to know and what the IRS needs to know about your business. We are just here to make your life a little easier.
Business Acquisitions/Reorganizations and Mergers
In valuating your business, you need experienced professionals to review and compare your company not only to the industry, but to your geographic area and financial climate.
At Salinas, Allen & Schmitt, we specialize in helping small business owners value their companies before making critical decision. For instance, having a partner buy them out or bringing employees in as owners.
Estate Planning
In planning, it is not advised that one sacrifice possible long term benefits for achievement of smaller short term gains. Financial planning should not be taken lightly and is not a place for an inexperienced advisor. It is for these reasons that Salinas, Allen & Schmitt offers Estate and Retirement planning services.
ESTATE PLANNING:
The type of planning involves an analysis of your present estate assets and projected tax liability. We provide recommendations on ways to save on estate taxes, as well as preparation of a schedule based on implementation of the recommendations.
RETIREMENT PLANNING:
Businesses with a superior program have a competitive advantage in attracting and retaining great employees. Even though retirement plans might seem expensive, the tax advantages to both the company and its employees usually far outweigh the costs. At Salinas, Allen & Schmitt, we can tailor a plan that is perfect for you and your employees.
Financial Statements - Compilation and Review
FINANCIAL STATEMENT COMPILATION:
Compilation is a process in which financial information provided by clients is put in the form of financial statements, and unlike an audit, expresses no validity of the statements. The process of compilation is not very time consuming, and, as such, it is more affordable than an audit. Compilations provide less details and are often all that a nonpublic entity needs.
FINANCIAL STATEMENT REVIEWS:
Reviews involve procedures less comprehensive than those performed in audits. Unlike compilations, reviews enable CPAs to give limited assurance on the conformity of the financial statements and making inquiries of management. Reviews are used by nonpublic entities and are not as costly as an audit. |