Accurate and timely accounting information is a necessity for any successful business. Shumock & Anderson, LLC can assist you on either a temporary or on-going basis. Our clients receive incomparable, personalized, quality service. We offer the following:
- Tax Planning and Return Preparation Services
- Accounting Services
Payroll Services
Financial Planning Services
Other Important Services
Tax Planning and Return Preparation Services
Expertise. Peace of mind. These are the things that you can expect your tax advisor to provide. We view our relationship with each of our clients as an ongoing partnership and strive to provide you with quality, up-to-date tax return preparation and advice. Whether you are an individual or operate a multi-tiered corporation or partnership, our partners and staff can accommodate your needs for tax planning and preparation.
We use the latest technological advances to better serve our clients, while still giving our clients old fashioned top-notch service. Our firm is an Authorized IRS e-file Provider. The IRS e-file program enables taxpayers to file their individual and business tax returns electronically. IRS reports that more and more taxpayers are choosing IRS e-file because their returns are processed faster with fewer errors. This means quicker refunds and less contact with the IRS. Plus, the IRS acknowledges receipt of IRS e-filed returns which gives taxpayers proof of filing.
There are several basic tax minimization strategies. A Comprehensive knowledge and understanding of tax laws is necessary to properly employ tax minimization stragies. We keep abreast of current tax laws throughout the year to minimize your tax liabilities and to maximize your future opportunities. Tax planning usually involves a combination of two or more of the following strategies:
- Shifting income from one year to another to subject income to the lowest tax rate possible.
- Structuring transactions to obtain tax deductions for expenses often paid with after-tax dollars.
- Shifting deductions to years in which the taxpayer's tax rate is higher or to years in which the tax laws are more advantageous.
- Deferring tax liability by taking advantage of retirement plans or other deferral provisions in the Internal Revenue Code.
- Splitting income among family members or legal entities.
Accounting Services
We can prepare or supervise the preparation of your compiled financial statements. Compiled statements can be provided according to your needs.
More importantly, we can help you use these statements, as well as other reports, to better manage your business and increase your profitability.
Good financial records are necessary for several reasons:
- Daily operating decisions are based on financial reports.
- Bank loans require reports of past performance.
- Tax return amounts need proper substantiation.
Payroll Services
In the diverse world of business, some companies find it difficult to manage all of the many functions required to run their businesses. Wouldn't it help you to rely on a trusted and accessible business partner to handle your payroll? Allow us to take care of your payroll needs - from issuing the payroll checks to filing the necessary tax returns.
Financial Planning Services
Effective management of financial affairs requires extensive knowledge, organization, and constant vigilance. Our firm provides a complete range of consulting and advisory services to help with the complexities of financial planning. We truly care about our clients and strive to form lasting relationships with each of them - providing beneficial information, access to a wealth of resources, and a proactive stance in serving each client's needs.
Our financial planning services include:
- Investment Consulting
- Financial Planning to Achieve Specific Goals
- Retirement Planning
- Estate and Business Succession Planning
Other Important Services
Other services we provide:
- Computer and software selection and training
- Tax problem resolution
- Business sales and acquisitions
- Lease-purchase decisions
- Business expansion
- Licensing for General Contractors
- Real estate sales and acquisitions
- Office systems and controls
- Equipment purchases and sales
- Retirement planning
- Projections, budgets & goals
