Cheryl Clark, CPA, Inc. provides a wide range of services to individuals and businesses in a variety of industries. At Cheryl Clark, CPA, Inc., we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:
- Business and Individual Tax Planning and Income Tax Return Preparation
- Advisory Services
- Financial and Retirement Planning
- Entity Selection and Restructuring
- Payroll Services
- Cash Flow and Budgeting Analysis
- Debt and Finance Advising
Business and Individual Tax Planning and Income Tax Return Preparation
Effective tax planning is the key to minimizing tax liability and maximizing owner benefits. I recommend planning well in advance of year-end to take full advantage of savings and benefits available. For individuals, I help you plan for the next tax year to avoid surprises and estimated tax penalties. Tax planning and preparation services are provided for individuals, regular corporations, S corporations, partnerships, limited liability companies and trusts.
Accounting and Bookkeeping Services
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. My accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial 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 preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Choosing appropriate employee benefit and retirement plans
- Corporate tax planning and return preparation
At Cheryl Clark, CPA, Inc., I focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. My clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. These services include but are not limited to:
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Financial projections and forecasts
- Debt and finances advising
- Transaction structuring and negotiations
- Business succession
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. My role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well thought out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.
Financial and Retirement Planning
My goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. I can guide you through tough decision-making processes such as college education funding, retirement funding, insurance, and tax, estate, and business succession planning. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.
Professional representation can be vital during an audit, and my experience with tax authorities enables me to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you will find with my firm can put many of your worries at bay. I am ready and willing to help you answer any and all questions the IRS may be asking of you.
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, I can advise you on choosing an entity type and later restructuring if advantageous. With my knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
QuickBooks Accounting Help and Assistance
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. I offer the following solutions to help meet your QuickBooks needs:
I can install Quickbooks on your computer and train you personally! Either one-on-one or several individuals within your organization at your company's location.
Setup and Support
I can assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. I also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup. My QuickBooks support services can assist you with any installation, setup or operation assistance you might need. In addition, I can also provide accounting and payroll assistance.
My QuickBooks review services helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. I also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
Cheryl Clark, CPA, Inc.'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 payroll and related payroll tax returns.
Employee Benefits, Pension, and Profit-Sharing Plans
Choosing and administering benefit plans for your employees is often a complex process. I can help you choose and implement your benefit, retirement, and profit-sharing plans with an eye toward rewarding your employees and reaching your company's financial and business goals. I can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business.
Cash Flow and Budgeting Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. I can help you maintain optimal cash flow levels by tracking sources and uses and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business' success. With my help and guidance, you will always be on top of your finances and ready for the future.
Financial Projections and Forecasts
No one can predict the future perfectly, but we can all benefit from planning for it. I combine expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success.
Debt and Finance Advising
Whether your needs are corporate or personal, I can assist you in sorting out the different options available for debt management and financing that will result in optimal tax implications. Re-balancing your debts can also result in tax deduction savings.