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Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
Consulting Services
Accounting Software Selection & ImplementationWith the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs. Business ConsultingWe gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. Business Entity SelectionChoosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company. Buying & Selling a BusinessStructuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations. Estate PlanningEffective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order. Financial PlanningA properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security. Management Advisory ServicesEven the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success. Pension & Profit Sharing PlansQualified retirement plans (e.g. defined-contribution or defined benefit plans, Keoghs, SEPs…) can provide significant tax advantages for closely held businesses and self-employed individuals. Our qualified staff can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees. Retirement PlanningSuccessful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years. Accounting Services
Bookkeeping/Write-UpMeaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping. Cash Flow & Budgeting AnalysisA business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses. Financial Forecasts & ProjectionsForecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals. Financial StatementsWe can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions. Other Services
Certified Quickbooks Pro AdvisorWe are a Certified QuickBooks Pro Advisor. We can assist you in QuickBooks Setup, Training, and Reporting. Internet CommerceThe internet has created an ever-changing global economy with a new way to conduct commerce. Our firm can help determine if your company would benefit from setting up a virtual storefront and assist in implementing proper systems and controls. Notary PublicBring us your important documents to notarize. Tax Services
Estate & Trust Tax PreparationEffective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order. IRS RepresentationDuring our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies. International TaxationOur experience with the taxation of U.S residents working abroad and foreign citizens working in the U.S. has provided us with an extensive base of knowledge in the area of international taxation. Payroll ServicesAs a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner. Sales Tax ServicesMany of our clients are responsible for collecting and submitting sales taxes in many different vicinities. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner. Tax Planning & PreparationTax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation. Tax ServicesWe prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:
*Tax planning & return preparation
- Individuals
- Corporations
- Partnerships
- LLCs/LLPs
- Estates, trusts & gift
- Not-for-profit organizations
*Taxing authority representation
*Divorce and support issues
*Tax effects of buying/selling a business Miscellaneous
Business ManagementAs business managers, we will take care of and manage every aspect of your personal and business financial needs, and we mean every aspect!
Business management is basically letting us handle all of your accounting, tax, insurance, real estate and financial needs. We will pay all of your bills and keep your financial commitments in order. We will also collect and deposit your earnings for you. You will no longer receive any bills at your home. We will receive it will pay it for you. You will not have to make another deposit again or keep track of who owes you what, we will. We will become your personal and business accounting department that you never had or was too expensive for you to hire on your own.
By relieving you of the mundane tasks of keeping your personal and business finances in order, you will have additional time, piece of mind and freedom to do what you are good at and enjoy life more. Your spending will decrease and your savings will increase.
In the past business management services was known to be for those in the entertainment industry that are too busy to take care of their finances. That is not the case. Although we have many individuals in the entertainment industry that we provide business management services for, most anyone that has a busy schedule and would like to have a CPA firm take care of their personal and business and financial services can benefit from our service.
Business management is an all inclusive service that includes all the services that we provide to be at your fingertip such as: Tax preparation and planning, real estate services such as buying, selling, investment opportunities, leasing and etc., insurance services, mortgage services and more.
To get an idea what business management is besides just paying your bills and making deposits for you, for example: If you need a baby sitter, we’ll find you one. If you need auto mechanic, we’ll find one for you. If you need health insurance, we’ll get you multiple quotes. Furthermore, with the help of a financial planner, we will invest your money as you wish. We also have a real estate brokerage firms that will take care of all of your real estate needs.
For more information and what we can do for you as your business manager, please call David Silkman. Real Estate Brokerage, Tax & AccountingDavid S. Silkman also has his real estate broker’s license. He has founded the real estate brokerage firm of SilkRoad Realty, Inc.
In addition to real estate services such as representing sellers, buyers, landlords and investment opportunities, David will advise each client regarding the tax aspect of the transaction and how to legally minimize the federal, state and property taxes of the real estate transaction. This is why SilkRoad Realty, Inc. is a unique real estate brokerage firm and can provide additional valuable services that other brokerage firms cannot to their clients.
For more information on SilkRoad Realty, Inc., please visit www.SilkRoadRealtyInc.com. |