Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further.
We will thoroughly and conscientiously study your personal situation, and tailor our advice to your specific needs.
Tax Preparation
We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities. At Oraschin & Associates we not only include the deductions from the documentation you provide to us, but will always go the extra step to ask for additional documentation which will further reduce your liability or increase your refunds. We pride ourselves in knowing that we have given you the personal service and dedication that you deserve.
Estate & Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. We can work with your legal counsel to help you to structure your estate and trusts to minimize taxes and ensure the smooth transition to your heirs. We are available to handle all estate and trust tax-related matters.
Tax Planning
Effective tax planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.
Payroll Services & Sales Tax Services
Constantly changing federal, state and local laws and tax regulations make payroll and sales tax reporting an ongoing challenge for business owners. We are well versed in all of the changes to these laws and regulations and are happy to help you file your quarterly payroll and sales tax reports and provide you with your yearend w2’s and 1099 forms.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business faces an IRS audit, we can offer the support and experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Bookkeeping/Write-Up
If your business does not currently have accounting staff or if your business is outgrowing it’s current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs. Let us come to you monthly and let us help you reconcile your books and bank statements and make any needed adjusting entries for you.
Business and Tax Consulting
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business capabilities to help you make the right decisions.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
QuickBooks Support
We can assist you in choosing the right solution that will meet the needs of your business now and in the future while also providing the necessary level of support for your business. We make setting up your business on QuickBooks as easy as possible with options to either bring your laptop to the farm or we can come to you and assist you with setup at home. The next step is guiding you through how easily you can compile meaningful records for both tax prep and managing your business. If you don’ have the time to take advantage of the QuickBooks program yourself, we would be happy to take care of entries for you on a monthly basis.
Financial Statements
Financial statements represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely INCOME TAX BASED financial statements as needed. We do not perform any type of audits, but are very experienced in analyzing your financial data for accuracy, and can make recommendations for procedural improvements.
Financial Analysis
When a business is able to undertake strong financial analysis, it opens up new opportunities to improve management, planning and decision making. Financial analysis provides the numbers to support, reject or contemplate a course of action. Prospective analysis can show how situations may evolve under various scenarios, providing a new dimension to decision making. We can provide this type of financial analysis to support the continued prosperity of your business.
Retirement Planning
Retirement planning is critical in these uncertain times. Whether you are developing a retirement plan for yourself or choosing a retirement plan to offer to your employees, we can help you evaluate the available options. Our focus is on helping you to make the choice that is most appropriate for your own financial situation. We can help you roll over that 401k from a former job into a personal IRA that you can manage with our support.
Investing & College Planning
We can assist you in setting up a plan to achieve your future financial goals with an investment of as little as $50 per month. Let us show you how small amounts invested today will grow and help put away money for your goals whether it be buying a new home, a vacation to Europe or helping your children or grandchildren pay for college tuition.
Life Insurance
We can offer you term life insurance to help you protect your family. Our policies range from 10 to 35 years depending on your age and we are equipped to customize a policy to suit your individual needs. We are proud to offer a complimentary meeting to discuss the options available to you.