Learn More About Our Services


Accounting Services

Financial Statements

Financial Statement preparation for small business clients is a long-standing service of this firm. Depending on the client's needs, monthly, quarterly and year-end balance sheet and detailed operating statements can be prepared and analyzed on a timely basis. The state-of-the-art accounting software used in our office can provide helpful comparisons and calculations for effective, practical business analysis.

Payroll

We offer a full servie payroll solution for our clients.  From Time Clock to Paycheck you can do it all seemlessly through our Payroll Portal.  Just log in enter or approve time, click the process payroll button, print or transmit direct deposit and you are done.  Your records and reports will be kept secure and ready for you from day one of service.  Our system also handles your 1099 Contractor payments as well.  

CFO Analysis

Business clients feel the strain of keeping the financial side of their business in order and our firm is ready to ease that burden. By offering CFO Consulting services our clients outsource their accounting function allowing the client to focus on growing their business.  We can help by collaborating with client decision makers on third party vendors (i.e. payroll processors) or by leading the monthly, quarterly and year-end close; Interim CFO while the client fills an open position; or minimization of state and local income taxes.

Do you wonder how you compare to your industry peers? We provide industry benchmarking as well as your own firm's historical benchmarking. This data allows you to determine how effectively you are growing your business.


Accounting

Timely, efficient bookkeeping services are available for businesses of all sizes. Computerized accounts are prepared, saved and presented for client review on a quarterly, monthly, and/or annual basis. Budgeting and forecasting support are also available upon request. We support all major accounting programs including Quickbooks, Xero and Peachtree; and their related add-on applications such as Gusto and Expensify.


Tax Preparation Services

Individuals

A core specialty is the preparation of tax returns for individual taxpayers. Over the years literally 1000's of Federal and State returns have been prepared and filed.  Our basic services cover return preparation based on tax data you provide and simple taxing authority notice responses.  

While an Income Tax Audit is generally frustrating and time consuming for our clients, the realty is the IRS and most States just don't have the time to audit all the returns they should.  Income Tax Agents from both jurisdictions are overworked and underpaid which leads them to sometimes be difficult to interact with.  Our firm's many years of experience developing relationships with IRS Agents and State Agents enables us to better serve our clients should they be selected for audit by increasing effeciency, communication and creating a buffer between the taxpayer and auditor which is a crucial aspect of our audit defense stragety.  

Business Tax Returns

Small business tax return preparation and filing instructions is a core service offered to our clients. Whether your company is a C corporation, S Corp, Limited Liability Company, Partnership or Sole Proprietor a properly prepared tax return can be filed to minimize the tax owed. Over the years, 100's of small business Federal and State tax returns have been prepared for both service, retail and manufacturing company clients.

While an Income Tax Audit is generally frustrating and time consuming for our clients, the realty is the IRS and most States just don't have the time to audit all the returns they should.  Income Tax Agents from both jurisdictions are overworked and underpaid which leads them to sometimes be difficult to interact with.  Our firm's many years of experience developing relationships with IRS Agents and State Agents enables us to better serve our clients should they be selected for audit by increasing effeciency, communication and creating a buffer between the taxpayer and auditor which is a crucial aspect of our audit defense stragety.  

Tax Planning

Tax planning and tax forecasting services for individual and small business clients is a core competency of the firm and goes hand-in-hand with the compliance funtion. Effective tax minimization begins with long-term tax strategizing to establish overall objectives and is maintained with conscientious and consistent annual tax forecasting and mid-year tax planning.


Other Services

Sales Tax Consulting

As more and more states are trying to increase their tax revenue through broadening Sales Tax Regulations we are here to help your company navigate and understand the impact of those changes.  We can provide research services rooted in current enacted legislation to determine your sales tax obligations as well as incorporating proposed legislation and it's impact on your company.  

We are capable of enuring your in compliance with your Sales Tax obligations in all fifty states and their localities.  Our Sales Tax Compliance process includes preparing returns based on the data you provide, providing a summary of cash due to taxing authorities and providing audit defense.

Property Tax Consulting

Property taxes are one of the few state and local taxes which effect your company's financial statements above the line.  We are here to help you ensure your filings are accurate and minimize the cash outflow due to property tax.  Our Compliance service provides annual property tax return preparation for small to medium sized companies.  

We also conduct look-back reviews of previously filed property tax returns on a contingent based fee looking to identity the return of cash to the client.  If your company is capital intensive or has just gone through a major asset overhaul/replacement we would love to speak with you.    

Send Us a Message

We would love to hear from you!

202-350-1279 Fax: 866-330-5275 jimalley@jbacpallc.com

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