B & M Tax and Accounting Office
Call us: 727-549-2122
Quickbooks
We set up Quickbooks and train small businesses on how to use the software in the most efficient manner.
B & M Tax and Accounting Office Services
At B & M Tax and Accounting Office, we take care to provide our customers high quality services personalized for their unique needs. We are available to take your inquiries 24 hours a day, 7 days a week. Our staff members are professional, courteous and efficient.
Small Business Accounting/Bookkeeping
As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits. Each month or quarter we will reconcile your bank account, produce an income statement and a balance sheet and clean up your general ledger. These tasks will provide the foundation for your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
Business and Individual Tax Services
We prepare your business or individual returns from your records or help you in accumlating your data for filing. We have free e-filing always as one of our services to you. Our goal is to have you file accurate and timely tax returns!
Financial Statement Audits and Reviews
A financial statement audit provides the highest level of assurance. An audit of financial statements is a methodical review and objective examination of the financial statements (i.e. auditing financial statements), including the verification of specific information as determined by the auditor or as established by general practice.
Our work includes a review of internal controls, testing of selected transactions, and communication with third parties. Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.
At B&M, we have extensive experience auditing companies and auditing financial statements for various types of entities and industries
We also provide financial statement reviews which are less extensive than an audit of financial statements, but more involved than a compilation. A review engagement consists primarily of analytical procedures. We make various inquiries of your company's management team and perform additional procedures based on the information provided.
Compilations
Stockholders, creditors, and private investors often need assurance that the financial statements accurately represent the true financial position of a company. In compiling financial statements for a client, we present information that is the representation of management and expresses no opinion or assurance on the statements. Compilations don't require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business. Banks often require compilations from an independent CPA as part of their lending covenants.
Strategic Business Planning
A Strategic Business Plan is much more than a tool to obtain financing. Preparing a strategic plan helps you clarify your company's direction, ensures your key leaders are all "on the same page", and keeps both management and staff focused on the tasks at hand. A Strategic Plan is often needed when starting a new venture, product or service, expanding a current organization, product or service, buying a new business, product or service, or turning around a declining business.
New Business Formation
A methodical plan of action is needed to avoid the common pitfalls that many new small business owners make when starting their new venture. We will help you prepare an initial business plan, select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate, select the right accounting software by evaluating your budget needs and hardware, prepare and file required state and local licenses and permits, prepare and file your application for your Federal Employer Identification Number, develop a solid partnership or operating Agreement, as well as set up anything else that may be needed to ensure your success.
Internal Controls
We assess your internal control systems to determine the efficiency and effectiveness of your operating procedures. Then we make recommendations that help your company become stronger and more profitable by correcting any inefficient or ineffective operating procedures we find.e assess your internal control systems to determine the efficiency and effectiveness of your operating procedures. Then we make recommendations that help your company become stronger and more profitable by correcting any inefficient or ineffective operating procedures we find.
