Accounting Services
From start-ups to established enterprises, businesses rely on accurate and insightful information in order to maintain profitability and capitalize on new opportunities. Debra Thompson, CPA’s accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
These services include but are not limited to:
- General ledger and business statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Personal balance sheets, statements – tax basis
- Corporate tax planning and return preparation
Bookkeeping/Write-Up
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Debra Thompson, CPA can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Compilations
Compilations are usually requested for internal purposes and are based upon information provided by a company’s management. They do not offer assurance but may involve some adjustment to accounting records.
IRS Representation
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Payroll Services
Debra Thompson, CPA’s payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.
QuickBooks ProAdvisor Services
Tax Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company’s inception through its growth and development, Debra Thompson, CPA can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Request information about Entity Selection and Restructuring below
Tax Preparation & Planning
At Debra Thompson, CPA, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your goals. Our expertise, experience, analysis and thorough research allow us to optimize opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.