OUR SERVICES
Catering to your specific needs
OUTSOURCE CFO
Most growing businesses will not need a full-time Chief Financial Officer (CFO) or Controller, but they could benefit tremendously from the expertise that a CFO/Controller brings to the table. Allison L. Reynolds, CPA, PLLC offers full-service outsourced CFO services along with fractional CFO or temporary CFO services to help bring these expertise to your business on an affordable basis. A contract CFO allows your business to leverage the expertise of a financial professional without the added large overhead costs associated with hiring a full time qualified financial professional. We can help you assess the needs of your business and fill in those key gaps in your team.
Our outsource CFO services can be catered to fit your business's specific needs. We can assist you in timely closing your books on a monthly basis and tailor your financial reports to address areas of importance for your industry, including key performance indicators and gauging yourself against others in your field through the use of industry averages. If you are not getting complete and accurate financial statements for your business at a minimum monthly, that is an indicator that you have a gap in your team and could benefit from the addition of Allison L. Reynolds, CPA, PLLC's outsource CFO services.
We assist our clients in a number of areas through our outsource CFO services which include but are not limited to:
• Budget development
• Cash flow forecasting
• Job costing
• Monthly reconciliations and month end close procedures
• Expense analysis and cost cutting procedures
• Accounting software training and implementation
• Development of standard operating procedures
• Assessment and implementation of internal controls
• Financial statement comprehension and understanding
• Preparation for financial statement audits
• Pre and post-merger and acquisition accounting services
• Assisting with special projects
• Break-even analysis and evaluation of pricing
Contact us today to speak with one of our CFO specialists!
TAX SERVICESÂ
Preparation
If you have ever attempted to prepare your own income tax return, you can understand why having professionals at Allison L. Reynolds, CPA, PLLC prepare your return is a huge asset. We take a hard look at the tax code and find ways to make it work for you. Whether you are selling an asset or investment, going through a life changing event: kids, divorce, marriage, death of a loved one, planning to retire, or starting a business, our team is here to help you navigate the complexities. As your tax advisors we strive to reduce your tax burden through the use of commonly overlooked deductions and credits to which you are entitled. Even if you leverage a tax software to prepare your return, there is truly no substitute for what our experienced tax professionals bring to the table.
In addition to individual tax preparation, we also provide tax preparation for small and medium sized businesses. Businesses today are faced with complicated rules and regulations, and they need a partner like Allison L. Reynolds, CPA, PLLC to help them navigate the tax code and use it their advantage. Our team can help you determine what type of entity is the best fit for your business LLC, S Corp, C Corp, Sole Proprietor, Partnership, etc. We also provide you with the necessary information to make informed business decisions as your business grows and changes. Our professionals have experience with multi-tiered and multi-state entities all the way down to a sole proprietorship. Our clients are in a wide range of industries as well, including construction, real estate, manufacturing, and professional service-based businesses.
Planning
Tax preparation is the end result of excellent tax planning. We take the extra care with our tax clients to discuss and review all applicable tax deductions and credits as well as potential opportunities to reduce your overall tax liability. By taking the time to understand your business and tax situation, we are able to use our in depth knowledge of the tax code to suggest ways to save money. We make it a priority to master the complexities of the tax code, and with successful tax planning we are able to legally reduce your tax liability.
Tax Problems
Are you having problems with the IRS or state tax agencies? We are here to help you resolve your tax problems. We have represented many clients in IRS and state agency audits, and we can help you put an end to the stress this is causing you. As a licensed CPA, we are authorized to represent you in front of the IRS. CPAs are specifically identified by the IRS as professionals permitted to represent their clients before the IRS. According to Circular 230, which is the IRS document defining tax preparation regulation, CPAs may:
• Communicate with the IRS on behalf of a taxpayer
• Represent a taxpayer at conferences, hearings, or meetings
• Prepare, file, or submit documents
• Provide clients with written tax advice on one or more federal tax matters
If you find yourself or your business facing IRS or state tax issues, do
yourself a favor and hire one of our professionals.
Contact us today to speak with one of our specialists!
BOOKKEEPING
At Allison L. Reynolds, CPA, PLLC we know that your bookkeeping needs are just as specific as your business. We cater to your specific needs so you only pay for the services you need. The results are a more cost effective approach to bookkeeping. Many companies do not have a bookkeeper on staff, but they know the importance of accurate financial information as it relates to making business decisions. Hiring our team to assist with the bookkeeping needs, ensures accurate and timely records are kept to allow you to focus on the important day to day operations. We are QuickBooks ProAdvisors and have experience with many other cloud based accounting software. We leverage these resources to assist with recording transactions, reconciling accounts, making adjustments and corrections, setting up budgets, bill payments, payroll, and sales tax, all so you can have a true snapshot of your business's financial situation.
We can also assist with the installation and set-up of your accounting system as well as provide training to your staff on how to use it.
If you need assistance with your bookkeeping and accounting, contact our team today!