Our services are offered and tailored to produce the information you need to run and grow a profitable business. As stated in other areas of our website, we have extensive experience and advanced education, and will provide effective and efficient solutions based on your needs. Please feel free to give us a call at any time to discuss how we can help.
Today’s tax landscape is changing so rapidly, and there is such an enormous amount of uncertainty around existing and future legislation, that it is vital for small business owners to engage an experienced and proactive CPA. Our greatest value as your service provider will be centered on the fact that we encourage regular updates and correspondence. Yes, we provide the following services in a very proficient and accurate manner, but we take it a step further and provide critical information about the future and not just the present and the past.
Strategic Tax Planning
Under current legislation existing tax rates will increase in 2013. Additionally, many taxpayers will be affected by the Affordable Care Act (PPACA) that was passed into law in March of 2010. This legislation brings with it a host of new complexities and concerns and many of the revenue provisions will begin to take effect on January 1, 2013. If there was one thing that we could add to a small business owner’s priority list it would be to gain a basic understanding of how these changes will affect your business. Give us a call to discuss and let us provide a free consultation on the issues.
Federal, State and Multi-State Tax Preparation
Whether you’re a start-up with minimal sales or a multi-million dollar consolidated corporation with various subsidiaries we can provide preparation and review services that are effective, efficient and affordable. We have decades of experience in preparing returns for Individuals (Form 1040), Partnerships (Form 1065), S-Corporations (Form 1120S), Corporations (Form 1120), Nonprofits (Form 990) and various others.
If you are in the process of buying or selling a business it is extremely important to understand the associated accounting and tax issues. At the least, we would always advise a brief consultation with a CPA to gain a general understanding of any obvious issues with the transaction.
Cost Segregation Analysis and Support
Cost Segregation studies can be used as a powerful tool for accelerating depreciation on business property, with the result being immediate cash tax savings. A Cost Segregation study reclassifies part of the cost of a building or leasehold improvements, normally depreciated over 39 years, into shorter class lives. By reclassifiying 39 year property into 5, 7 and 15 year class lives the business recognizes the cost of the building or leasehold improvements over a much shorter period for tax purposes, resulting in a reduction of current income tax liabilities that are often substantial.
IRS Examination Support
Receiving an IRS notice or getting selected for examination (audit) can be stressful, time consuming and costly. We’ve worked with many individuals and businesses and can help minimize the pain in every respect. Call us and let’s schedule a free consultation to discuss how we can ease the burden.
Are you constantly wondering if there’s an easier, smarter and more efficient way to handle your accounting and tax obligations. Well, there’s a high probability that you’re right. We provide accounting services that optimize your ability to succeed by presenting current, accurate and informative data with less time and effort.
Compilations and Reviews
Timely, accurate and informative compilations and reviews can give you the edge that you need to stay competitive and support growth in your business. At JuvoTax CPAs we strive to keep the financial reporting process as convenient and efficient as possible, so that you can concentrate on driving operational results.
Monthly and Quarterly Bookkeeping
Small business owners need to ensure their bookkeeping solution is simple, efficient and effective. Call us to schedule a free consultation so that we can learn more about your business and current bookkeeping processes. Based on your circumstances we will make suggestions and recommendations on how to optimize this essential function of your business.
Forecast and Projection Analysis
We understand that many small business owners are flying by the seat of their pants and that it’s imperative to make each hour of the day productive. Although flying by the seat of your pants may be absolutely necessary in the current stage of your business, we’ve found that long-term success will be strongly determined by understanding the direction you are flying. Forecasting and projecting this direction does not have to be an overwhelming exercise. Call us to learn how we can help.
Cash Flow and Budgeting Analysis
While the ability to read and interpret your balance sheet and income statement is important, it is a cash flow statement that brings these two financial statements together and lets a business owner know whether the business is making or losing money, where money is coming from, and where money is going. We can help you understand and analyze your historical cash flow, as well as help you project future cash flow by working together with you to design cash flow projections within the budgetary projections of your business. Understanding historical cash flow and projecting future cash flow is absolutely essential for every business owner.
Financial Ratio Analysis
Capital Investment Planning and Analysis
Cloud Accounting Implementations
At JuvoTax CPAs we are huge proponents of cloud based accounting and now recommend Xero as our top choice for cloud based accounting software. Additionally, we are the first Xero certified partner in Colorado and would be happy to chat about the benefits of implementing a cloud based solution for your small business.
Starting a small business can be incredibly exciting and yet overwhelming at the same time. Don’t let the various accounting and tax obligations bring you down. Although accounting and tax rules can be very complex, we are usually able to find simple solutions to these complex problems. Give us a call to schedule a free consultation where we will go over a one page checklist to ensure that you get started on the right foot.