One of the hallmarks of our practice is working closely with you to plan for, rather than simply react to, your needs.
We concentrate on comprehensive planning, creativity, timeliness and quick response, and attention to detail.
We provide service tailored to your specific needs to accomplish the following:
- To help your business grow, we offer our expertise obtained through representing many diversified businesses
- As a member of your management and investment team, we work with you to conserve your accumulated wealth and increase your net worth
- Through timely and proactive tax planning, we help you reduce the taxes you pay, including, but not limited to, federal and California income taxes and federal estate taxes
We offer a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that 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. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
Review and compilation reporting on financial statements We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on two levels of assurance:
*Review - some analytical procedures conducted with limited assurance
*Compilation - based upon client information provided with limited analysis
Preparation of budgets, financial projections and financial forecasts A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses.
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals.
Financing Assistance Let us use our experience to assist you in securing financing for your personal or business needs or consolidating your current debt to a more manageable level.
General business consulting and financial analysis including assistance with mergers, sales and acquisitions, expansion and financing
Design and implementation of accounting and financial reporting systems
Preparation of business plans
Our tax services include:Income tax planning for individuals, corporations, partnerships, limited liability companies and fiduciaries, including creatively addressing complex matters and tax strategies that take advantage of new tax laws and legislation, including reorganizations, liquidations, mergers and acquisitions.
Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company?) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Income tax compliance for individuals, partnerships, corporations, limited liability companies and fiduciaries. Our significant investment in computerized tax preparation and research software enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, limited liability companies, trusts, estates, and not-for-profit organizations.
Estate and gift planning; estate and trust taxation and administrationPlease see detailed description in separate section entitled "Specialized Services for Estates and Trusts".
Representation before federal, state and local tax authorities
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.
Internaltional Taxation Our experience with the taxation of U.S residents working abroad and foreign citizens working in the U.S. has provided us with an extensive base of knowledge in the area of international taxation.
Sales and excise tax planning and compliance
We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.
Even the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success.
The following are just a few of the areas in which we provide consulting services:
Accounting software selection and implementation
Type of entity selection
Buying/selling a business
Overview and monitoring of your computer systems and professionals to ensure effective and efficient installation and performance
Financial & retirement decisions including business succession planning
Estate, trust & gift planning
Specialized Tax Services for the Commercial Business Entrepreneur
Our firm serves a wide range of public and private clients with both domestic and foreign operations, as well as corporate executives and entrepreneurial clients.
We offer a broad range of services for the commercial business entrepreneur including the following:
Planning for and assisting in structuring business acquisitions
Perform tax due diligence on acquisitions
Planning for entity selection on new business formations
Planning for business exit and/or succession strategies
Consulting on implementation of ESOPs
Assistance in developing a business plan
Consulting on various stock option programs, non-qualified, qualified and restricted stock plans
Consulting and assistance on retirement planning for shareholders and/or employees
Perform tax research on legislative update and tracking of specific proposed tax laws
Provide tax audit representation for both the IRS and FTB
International tax planning including both in bound and outbound transactions
Planning and review of tax credits, Research & Development, CA Manufacturer's Credits and various state incentive tax credits
Planning for multi-state income tax filings and related sales tax issues
Review and analysis on state Nexus issues
Specialized Services for Estates and Trusts
Our firm provides unique services for Estates and Trusts. We work as an integral team member with your attorney, insurance agent and other professionals to accomplish your goals.
We offer a broad range of services in this complex field, including the following:
Planning and implementation of your estate plan
Gathering and organizing information and documentation related to your estate assets and obligations
Consultation with you and your attorney to assist in defining your estate planning goals
Preparation of flow charts and analytical reports to show the projected results of alternate estate plan provisions, including analysis of the estate tax consequences
Evaluation of proposals submitted by insurance agents and other professionals during the estate planning process
Assistance in transferring title to assets as required by the completed estate plan, including design and implementation of proper accounting controls
Gift planning, including preparation of gift tax returns
Post death estate tax and income tax planning
Preparation of the U.S. Estate Tax Return, Form 706, and the required State Estate Tax Returns
Preparation of Estate and Trust accounting reports, including Probate Court Accounting
Preparation of Estate and Trust fiduciary income tax returns
Representation of the Estate or Trust before the Internal Revenue Service and State of California for audits of the estate tax and income tax returns
Preparation of analyses in connection with the allocation of Estate and Trust assets in accordance with the Will and Trust documents
Business Management Services for Entertainment Clients and High Net Worth Individuals
Our business management services for entertainment clients and high net worth individuals include:
Enabling you to handle the financial aspects of your life with minimum stress
Performing the functions of receiving and disbursing funds, tracking income entitlements from all sources, and reporting to you in timely and appropriate formats
Motion picture and television production accounting, including filing of appropriate union reports and preparation of financial statements
Preparation of budgets, cash flow projections, income tax projections
Assisting in the determination of the appropriate allocation of investment assets, selection of qualified investment advisors and monitoring the growth of your investments
Assisting in the acquisition and/or disposition of major assets, including real estate, automotive equipment, fine arts, aircraft, etc
Reviewing and monitoring your insurance coverage with you and your insurance professionals to determine adequacy of coverage and appropriate cost
Assistance, guidance and implementation in estate planning matters
Tax planning and compliance services as discussed in our "Tax Services" section
Diversified Industry Experience
In our office you will find partners and staff experienced in providing accounting, tax and management advisory services to a broad spectrum of industries, including:
Construction Entertainment Food Service Importing/Exporting Manufacturing Real Estate Retailing Services Wholesale Distribution
We have extensive experience in serving manufacturing clients in various industries including furniture, meat packing and processing, metal fabrication, cable assembly, garments, plastics, small appliances, electronic components, commercial printing, non-prescription drugs and beauty aids, among others.
Real estate and construction experience includes serving rental property operators, developers and construction companies, syndication companies and major investors.
Our entertainment experience includes serving clients in motion picture and television production, radio broadcasting, music publishing, motion picture distribution, television syndication, and talent agencies. In addition, we provide income tax, accounting, business management and advisory services to prominent individuals in the entertainment industry. Individuals represented include motion picture and television producers, directors, writers, actors, art directors, theatrical and commercial talent agents, attorneys, industry executives and others.
In the services field, our experience includes serving clients in advertising, legal and medical services, computer consulting, architecture, financial services, information processing, trucking, sales representation, food service and insurance, among others.