Q: "What will you do for us?"
A: We will do whatever is required or whatever part of the job you
need or want done. We tailor our packages to your needs. We act as an "outside
controller" for businesses that either can’t afford or don’t choose to hire
someone in-house.
Our typical assignment includes keeping
your general ledger on our computer. We post journals that your bookkeeper creates and
then we make adjustments. If yours is a smaller business, we can create your journals for
you.
We have a Full Service Package and
an Individual Service Package that we offer. Below you’ll find information on
both packages.
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Q: "What if you don’t know much about
our business?"
A: It’s not critical that we know a great deal about your
business. What is important is that we know the tax laws,
computers and consulting. We do, however, make it a point to get to know your business
well once we begin working for you.
The fact is, we do have lots of experience
in a wide variety of industries.
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Q: "We have a unique tax
situation. How aggressive can you be?"
A: We will aggressively
structure your transactions in such a way as to provide the maximum tax benefit to you.
There is no reason to fear taking honest deductions to which you’re legally entitled.
Most small business owners are
shareholders, officers, employees and possibly landlords. We will help you structure
transactions to save taxes while minimizing your audit exposure. We will also help you get
the maximum legal amount of deductions you are entitled to for shareholder expense account
reimbursements, cars, and other business deductions.
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Our Full-Service
Package.
Q: "What do I get for my monthly fee?"
A: The monthly Full-Service
fee includes:
Monthly journals (if needed, however
price is higher)
Monthly general ledger
Monthly financial statements
Bank reconciliations
Break even analysis
Summarized payroll
Quarterly payroll returns
Annual W-2s
Annual payroll returns
Annual 1099s
Federal and State income tax returns
Personal property return
Michigan Annual Report
Any other forms you receive
Unlimited consultations regarding the
above
These are just the reports you receive and
the forms we prepare. The real value will be realized from our
years of expertise and knowledge which will guide you in the consultations we have with
you and your staff.
Also, every month we’ll verify all
your balance sheet accounts such as cash balances, accounts receivable balances, and tax
liability balances. We’ll make sure they’re perfect in every detail. If there
are mistakes, we’ll correct them. An extra benefit of our service is that we can
provide a review of your bookkeeper's work for offices too small to split tasks between
different people.
We also do a review of your profit and
loss to highlight your results and show you the areas that need special attention.
In all cases, we consult with your office
staff and make suggestions for improvement. Any financial concerns you may have, such as
tax questions, financial worries, accounting, or systems problems or concerns can be
discussed with us at your convenience.
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Q: "How can you determine fees without seeing our tax
returns or accounting system?"
A: Our fees are based on
your activity. We figure the fee by the number of checks you write, the number of journals
you keep, and other factors -- such as the form of ownership of your business.
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Q: "Will my fee increase after the first year?"
A: Your base fee may be
increased if your business grows. However, if your business size does not change your base
fee will not change.
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Q: "Changing accountants is such a hassle. How do I switch all of my
records to you?"
A: The first thing we do is
contact your previous accountant. We can draft a letter to him or her for your signature
telling him of the change. Then we can handle the transition from that point. Or, you can
inform the accountant yourself and request that your records be sent to us . . . whichever
way you prefer.
We also have a check list for new client
set-up which will be sent to you. You will have much of the information needed. We will
make several visits to your site to get some background and get to know you and your
needs.
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Q: "Is it better to make the change at the end of a quarter or end of a
year?"
A: Any time is a good time
to make the change. Your accounting is on a monthly cycle and we can jump into it at any
time.
Normally there is a small charge for the
initial set-up equal to one month’s accounting fees.
If you've had a bad experience changing
accountants, don't worry about it. We will handle this appropriately and professionally --
with little or no disruption to you.
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Q: "I don't want any of my records to
leave my place of business. How will you accomplish this?
How will you accomplish this?"
A: This is easily done. We
use a specially designed form called a pick-off sheet. We come to your site and record
your business activity. And your records will not need to leave your location. You will
always have full control over all of your records.
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Individual-Service
Package
Q: "What if I need services that are not part of your full
line of services?"
A: We’ll assist you in
any special projects you may have, from installing a new computerized accounting system to
assisting you in receiving bank financing to performing certified audits.
When you require additional work not on
the list, these services are billed to you at our hourly rates for a clerical to a CPA
staff member, depending on your needs.
These additional services are usually
unforeseen and requested by you. They might include IRS audit representation, consulting,
accounting systems, preparation of special formats for financing requests, negotiations,
etc.
We can also help you with little things
like typing, writing letters, scanning lists, mailings, etc.
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Q: "What if I keep my own system and post my own general
ledger?"
A: We can take a copy of
your trial balance (either electronically or on paper) and perform all the same services
as listed above.
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Q: "My accounting system is a mess. Can you help?"
A: You bet! We’ll work
with your system and correct any problems you have. In many cases, remedies are made by
simply changing procedures and eliminating bad habits such as not allowing
unrestricted access to accounting records. Or by turning off certain software features
that get you into trouble. In certain cases, we may recommend that you replace the system.
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Q: "I’m buying a computerized
accounting system. How can you help me?"
A: We have a tremendous
amount of computer experience. If you’re buying a new system, we can help you select
the hardware. We’ll also help you choose between the many popular software packages.
Then we’ll install the system for you
in a manner consistent with how you work and with your special needs. We start with the
basics such as accounts receivable, accounts payable, and payroll modules and go on to the
general ledger module. Finally, we train your office staff and consult with you regarding
preferences and operation. We do this while we are installing and later after the setup is
complete and the system is in use.
We are also experienced computer
programmers, so we can tailor your system to your needs. Or we can create custom
applications for accounting, sales, manufacturing, or any other type of application you
may need. This is something you won’t find with many accounting firms.
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Q: "Can you help me learn how to keep good records?"
A: Absolutely!
In some cases we can show you how to rearrange your day and change your habits to get more
deductions. The key is to keep logs on what you do, who you see, and why you do it.
You may be surprised how much of what you
do is tax deductible but is not being claimed.
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Q: "Even if I select the Individual Service
Package, can you still help me to improve my business?"
A: Yes. Being a computer
programmer and power-user, Greg Randazzo can help you with any computer-related problem or
need you may have.
In addition, we can supplement what your
current accountant does. You do not need to use our services exclusively.
The important thing to us is that you get
exactly what you need to make your business grow and prosper. And we can help you to do
just that.
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