Our firm’s strongest asset is the staff that supports our clients. We have the resources, experience, and diverse knowledge to offer a wide range of services to both individuals and small to mid size businesses. We are confident that we will provide professional, pleasurable, and beneficial service at a cost effective price in which you will be pleased.
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Cash Flow & Budgeting Analysis
A business can be profitable and still run into trouble due to cash flow issues. RAC can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses.
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. The following is 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
*Financial & retirement decisions
*Estate, trust & gift planning
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. Here at RAC we can guide you through the complex process of getting your financial affairs in order.
As a business grows, it must hire more employees, which can result in increased payroll administration. RAC can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.
Here at RAC our firm rigorously monitors local, state, and federal tax law changes to allow our clients to minimize current and future tax liabilities.
Business Acquisition and Disposition
RAC can advise both business sellers and buyers in all areas of tax consequences, values, and transaction structures related to Acquisition and Disposition.
Compilation, Review, and Audit Services
RAC can provide compilation, review, and audit services to small and medium sized businesses. We will help you to determine what is right for your business needs and help you successfully meet your reporting requirements.
Financial Forecast and Projections
Full financial and business forecasting services, including Proforma projections for businesses and individuals. We will also develop alternative scenarios to help you plan for unexpected business or personal contingencies.
Gross Receipts (Sales & Use) Tax Services
RAC can council you on gross receipts(sales and use) tax issues and complete the required reports for gross receipts tax, compensating tax, and state withholding tax.
IRS and State/Local Representation
Here at RAC our firm is versed in the tax laws, and understands how your tax return should be prepared. We offer representation on your behalf for the IRS as well as local and state tax authorities.
Personal Financial Planning
Personal Financial Statements
Tax Services & Preparation
RAC provide's a full range of tax planning and compliance services and will work with you closely to minimize your overall tax burden allowing you to plan for your tax liabilities. We support preparation of all local, state, and federal tax returns for, individuals, businesses, estates, gifts, trusts, and non-profit organizations.
Litigation support involves the quantification of economic damages pursuant to existing or pending litigation using accounting and auditing techniques. We have experienced competent staff who can compile information efficiently to assist in the calculation and documentation of any potential economic loss or damages.