Our Services: Businesses
Our Tax Professionals have been preparing tax returns for businesses for over 50 years. We do any return, any year, any time. Our team has experience in a wide variety of industries, both business-to-business (B2B) and business-to-consumer (B2C). In addition, we provide a number of additional services to advise both established and new businesses. We aim to become your company’s most valuable resource when it comes to tax planning and business advice.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Our accounting services move you closer to these goals with accurate record-keeping. These services include, but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (monthly, quarterly, annually)
- Accounting system setup and support
- Payroll processing and services via close partnerships with payroll service companies
- Cash flow budgeting and forecasting
- Reviews and compilations of business financial statements
- Entity Selection and Restructuring
- Quickbooks training and accounting software selection
Tax Return Preparation
Our Tax Professionals have over 75 years of combined experience, with a proven track record of success in preparing any return, for any year, at any time. Regardless of what type of entity your company is – corporation, S-corporation, partnership, LLC, or sole-proprietorship – we can handle your federal and state tax returns, as well as any local business privilege returns.
You are welcome to meet with a Tax Professional personally to discuss your tax situation and we can tailor our services to meet your specific needs.
Tax Planning Services
We guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities that are found in existing, as well as recently-altered tax laws.
Cash Flow and Budgeting Analysis
Strong cash management can improve a company’s liquidity, reduce costs and increase profitability. We can help you maintain optimal cash flow levels by tracking sources and uses, forecasting and budgeting accordingly. Our professionals can assist you in sorting out the different options available for debt management and financing that will result in optimal tax benefits.
The range of needs for valuing businesses continues to widen. We provide in-depth analysis to help you identify and analyze the factors that drive the value of your existing company or one in which you have an interest in starting.
Business transactions and transitions are complicated affairs, and whether you are buying, selling, or considering potential mergers, we can provide professional advice to help you successfully structure and negotiate the deal. We employ careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact and assess compatible business functions and tactics.
Real Estate Tax Appeals
Property Evaluation Consultants (PEC) assist in any and all phases of the appeal process, including the filing of the appeal, preparation of the case evidence, authorized representation at the appeal hearing and beyond. Before any appeal procedures are recommended, our professionals review and evaluate the case to determine if it will be viable to pursue the appeal. With over 25 years of experience in negotiating maximum reductions, our PEC services continue to maintain a 99.5% success rate in reducing real estate taxes for both residential and commercial properties.
Software Selection, Implementation, and Support
Choosing and implementing a new accounting software system can be a challenging task. Our experience with various packages currently on the market, as well as awareness of new products, allow us to aid you in choosing and implementing a system that will suit your company’s needs. Training and support will ensure minimal disruption of your everyday business processes. Our qualified PRO Advisor is fully equipped to educate, counsel and provide the support you need when it comes to using QuickBooks to its fullest potential and with the utmost efficiency.
Tax Audit Representation
Professional representation can be vital during an audit. Our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. We can help you organize and prepare necessary documentation, assist with finding legal representation, and participate in negotiations of settlements for tax leans. You can face an audit with confidence knowing that the Tax Professionals have your back!
Lodovico & Associates, P.C. provides a full range of accounting, tax and related services. Please note that Lodovico & Associates, P.C. does not provide legal services or legal advice.