**Advisory *Tax* Audit** ** Accounting **
STARTING A NEW BUSINESS
This can be a considerable undertaking, one that requires making several key decisions early in the Entity’s existence. It is important that you make the right CHOICE to ensure the future success of your business. Among those questions you need to answer are:
What FORM and APPLICATIONS must you file?
Which YEAR-END should you select?
Should your Company be a C or S Corporation, a Limited Liability or other type of entity?
How much and what form of CAPITALIZATION is necessary?
Should you elect to report income and expenses on an ACCRUAL or CASH BASIS?
What BANKING relationship is appropriate for your company?
Who will perform your BOOKKEEPING functions?
Should you COMPUTERIZE your accounting systems?
How frequently should employees be paid?
What kind of insurance must or should you carry?
Should you purchase or lease equipment?
ONCE ESTABLISHED, OPERATING YOUR BUSINESS
It is not easy finding creative solutions to complex issues faced such as:
How can you improve sales?
How can you improve cash flow?
How do you minimize expenses?
What is the best system for your business?
How do you expand your business?
Tax Compliance
Avoid Compliance issuesstay Clean work with the Fed., State & City...do the right thing?
How do you plan for the future?
How can I get out of trouble with the IRS-STATE-CITY and back into doing business
**Advisory & Audit**
Training your staff
Review of employee benefits
Leasing vs. purchasing
Cash management and investment of surplus funds
Pension plan feasibility analysis
Review of insurance
Assistance in establishing your in-house computerized systems
Computer hardware and software recommendation to meet your specific needs
Management of systems installation and ongoing maintenance
ENDING A BUSINESS
Legally terminate your business
**Advisory *Tax* Audit** ** Accounting **
We would be happy to meet with you, on a complimentary basis, to discuss these services and how we can help you develop an approach to making sound business decisions. To schedule an appointment, call us at 914-629-1247 or simply email us. We look forward to meeting with you.
Sincerely,
Prof. Terry D. Balkaran, CPA CMA CFM
President and CEO
