Audit and accounting services are key elements of a business. Compilations, reviews and audits can help you understand the current financial conditions of your business. They are valuable tools in helping you identify your business’s strengths and weaknesses, making it easier to pinpoint changes that need to be made in order to ensure future success.
At BHGP&S we provide more than a written report of results. We offer advice about how to tighten your business practices so you can run a more efficient and profitable business.
- Audit, Review, and Compilation Reports
- Bookkeeping, and Accounting Assistance
- Accounting Department Policies & Procedures
Whether you are looking for an audit, review or compilation, our professionals are trained to deliver efficient, high-quality accounting and consulting services that go beyond the audit by identifying insightful ways to improve your bottom line.
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Preparing your own income tax return can be an undertaking that leaves you with more questions than answers. According to a study released by the US Government's General Accounting Office last year, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.
Whether we like it or not, today's tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there's no substitute for the assistance of an experienced tax professional.
We have the technical knowledge and expertise to provide top-quality tax services to both closely held businesses and individuals. We strive to help you minimize your tax liability and ensure compliance with the ever-changing tax rules and regulations while helping you achieve your overall financial goals.
Our philosophy is to take a proactive approach with clients. We emphasize planning to help reduce tax liabilities of corporate and individual tax clients. We stress timely completion of tax compliance and timely response to any tax questions you may have. Our professionals are continually monitoring recent and proposed legislation for potential changes that would impact clients.
We have experience in a variety of industries, which allows us to quickly become familiar with your circumstances and offer the best possible tax advice in a timely and cost-effective manner.
We offer a complete line of tax services including:
- Individual, trust, gift, & estate planning and compliance
- Corporate, partnership, and LLC planning and tax compliance
- Federal, state and local tax minimization strategies
- Multi-state tax compliance
The professionals at BHGP&S offer you a thorough understanding of the various tax rules and regulations that impact your individual situation.
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As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits.
Each month or quarter BHGP&S can do the following things for you:
- Reconcile your bank account
Reconciling business checking accounts each month allows us to keep your bank account, accounting, and taxes up-to-date.
- Generate an income statement
An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all revenues and subtracts an itemized list of all expenses to come up with a profit or loss for the period.
- Generate a balance sheet
A balance sheet gives you a snapshot of the business' financial condition at a specific moment in time. Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
- Clean up your general ledger
The general ledger is the core of company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a general ledger problem throws off all your books. Having us review the general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.
- Provide unlimited consultations
We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. So please feel free to call us whenever you have a question or concern.
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
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QuickBooks is the number one accounting software used by small businesses. BHGP&S have the skills and knowledge to install, setup, train, and support QuickBooks clients.
As Certified QuickBooks ProAdvisors, we can work with you to ensure that you are getting the most out of your QuickBooks accounting software.
We understand the challenges you face and know that keeping accurate records is vital to your business success. We can offer guidance on everything from complex accounting questions to mastering advanced features of your QuickBooks accounting software.
QuickBooks accounting services include:
- Choosing the right version of QuickBooks accounting software
- QuickBooks setup
- QuickBooks training
- Ongoing QuickBooks maintenance
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