Your Financial Concerns, Future Plans, and Tax Needs, Matter To Us
Free Tax Consultation Call (217) 356-6977Katsaros & Associates has extensive experience dealing with the accounting and income tax needs of small and medium sized businesses. The strength of the Firm lies in giving businesses the appropriate information and strategies to increase profitability. We have an established record in assisting businesses and their owners with advice regarding business decisions. Business accounting services include the following:
Accounting and bookkeeping services include setting up accounting systems, reviewing and/or preparing interim and annual financial statements, and other assistance, as needed. Payroll and quarterly tax return preparation, along with year-end filings.
Our Firm can advise management on more efficient accounting and internal control procedures, develop and help implement comprehensive business plans for short-term and long-term direction and offer assistance such as working with a company to refinance its debt. As part of these services, the Firm also has substantial experience with the preparation of budgets and projections.
Income tax planning and preparation is the specialty of our Firm. Helping a company with its monthly or quarterly tax filings compliance, as well as working on the related year-end tax compliance are also part of our tax accounting services. Additionally, the following income tax planning and preparation services are provided:
• Choice of business entity
• Changes in methods of accounting, including changes in methods of depreciation
• Mergers and acquisitions
• Research of income tax related issues
• Passive loss utilization planning
• End of year tax planning meetings, if needed
• Income tax preparation
• Compensation planning, including non qualified plans
• Review of retirement plan issues