Accounting, Transfer Pricing, and Business Management Services
Our customers benefit from the inspiration and business acumen of many of the most dedicated business specialists in our industry. Inspiration, innovation and business motivation will accel your company into the next tier.
Business Management Services
We provide monthly, quarterly, or annual bookkeeping services to help you maintain accurate accounting records. But our service does not stop there. We will also provide in-depth financial performance analysis and other analysis. We don't want to just generate numbers. We want to help you manage your business. That's why we call it a "business management" service.
Payroll tax filing requirements can be both complicated and time consuming. We offer comprehensive payroll services so that you can concentrate on and allocate your resources in your most strategic areas of operations. Our payroll services include, but are not limited to, issuing payroll checks, preparing federal and state payroll tax returns, and issuing W-2's at year-end. We can also refer you to other specialized payroll service companies for large-scale payroll.
Sales and Use Tax Return Preparation Services
If you think Japanese consumption tax is complex, then please consider this. The US has 50 states with different regulations on sales and uses tax. There are over 10,000 jurisdictions with sales tax rate ranging from 0% to over 10%. E-commerce has added another complexity on sourcing rule, too. Our staff is experienced in filing sales tax returns. Moreover, we can answer your questions regarding state sales tax nexus and regulations. This will save you a number of your hours.
Outsourcing / Virtual Accounting Office
We provide complete accounting functions which are traditionally performed in the accounting department. As a small business owner, you do not need to worry about maintaining accounting records. Instead you can allocate your resources to the main operations. In essence, we will be your accounting department.
Transfer Pricing Study
When your business has transactions with a controlled foreign related party, you are required to have contemporaneous documentation (or a transfer pricing study). A transfer pricing study examines the pricing of controlled transactions between related parties. By applying and documenting various testing methods, it attempts to determine whether the transactions were conducted at arm’s length and will survive scrutiny from the IRS and other tax authorities.
In addition, transfer pricing is also required to be included in the accounting for interest and penalties associated with tax positions, which are described in Financial Accounting Standards Board (“FASB”) Accounting Standard Codification 740, Income Taxes, under FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”), and the Company is required to disclose FIN 48 under the income tax footnote to the financial statements. In addition, beginning with the 2010 tax year, corporations with both uncertain tax positions and assets equal to or exceeding $10 million will be required to file Schedule Uncertain Tax Positions if they or a related party issued audited financial statements.
Incorporation and Liquidation
If you plan to establish or liquidate a business in the United States, our firm has the experience and knowledge to assist you in doing so. We can refer you to legal counsel and even help you select the type of entity that best suits your needs.
Mergers and Acquisitions
Buying or selling a business can be a long and complicated process. We offer professional advice and legal referrals so that you can rest assured that the process is completed in a timely fashion.
Financial Forecast and Projection
Prospective financial statements can help management make intelligent decisions by presenting the business’s expected or hypothetical financial position during future periods. We can assist you in preparing such prospective financial statements so that your management can make the correct strategic decisions.
Computer Accounting System Implementation
Our staff has expertise in QuickBooks, and we can be your QuickBooks ProAdvisor to assist you with the initial implementation of the software to ensure that your accounting system is both efficient and accurate.
Stock Option and Other Equity Compensation Programs
Keeping quality employees can be a challenge for the company when the employees play an essential role in the company’s success; fortunately, there are different ways to attract the employees to stay with the company such as stock options, restricted stocks, employee purchase plans and others. Equity compensation programs require a very unique and complex accounting scheme in order to comply with FASB ASC 718 (formerly SFAS 123(R)). We provide complete outsourcing and consulting services regardless of the size of your company.