9550 S EASTERN AVE., STE 253
LAS VEGAS , NV 89123
702-952-9595
WWW.FMSNEVADA.COM
info@fmsnevada.com
Accounting / Books
How much do corporations pay for bookkeeping per year? How about $25,000 plus benefits minimum for in-house bookkeeping, or more than $4,000 on average per year for outsourced help-usually with minimal experience in your specific business. And that’s not all! Add to that expense the additional one to two thousand dollar cost of sending your organization’s financial books every year to a corporate C.P.A. for tax preparation and filing.
It’s dangerous, even hazardous, to a corporation’s well being, if the books used to prepare taxes are not accurate. It will cost time, money, and possibly an IRS audit if records are not kept accurately.
Bank and Mortgage Lenders now require copies of your Profit & Loss Statements before they loan to your corporation.
BUILD CREDIT AND SALES
Create more time to devote to your business as opposed to spending that time struggling to do your own books and making critical errors.
We work with various types of businesses (e.g., Property Management, Real Estate Brokers, Restaurants, Property Investments, Marketing, Trucking, Courier Services, Financial Services, Construction, Pre-Owned Dealerships, Medical, Dental Services, etc.) Our broad range of experience helps us meet our clients needs in sometime unexpected but very helpful ways.
Our accounting staff is particularly well trained in corporate bookkeeping and tax preparation. Most people do not see the critical link between bookkeeping, accounting and tax preparation or how important keeping accurate books is-particularly at tax time to avoid IRS tax problems. We have spent a great deal of time researching avenues allowing our clients to maximize their corporate tax deductions.
Chart of Accounts Set-up -Development and setup of customized charts of accounts (in QuickBooks, if desired) for your business based on your needs and goals.
Unlimited Training & Consulting for one year by phone. Speak with knowledgeable, certified professionals on daily bookkeeping tasks and QuickBooks functions and shortcuts.
Quarterly Review of Profit & Loss Statement, Itemized Detail List, Estimated Tax Liability (if any), and Fixed Asset List . Review also includes advice on advantageous strategies regarding the set-up of qualified retirement plans and innovative and approved tax strategies to help offset excess profits.
Year End Closing-Reconciliation of General Ledger Accounts to December 31, Preparation of 1099 Tax Forms, and Financial Statements .
In addition to providing valuable bookkeeping service to your organization, another equally valuable objective of this service is to HELP BUSINESSES, NON-PROFIT ORGANIZATIONS, INVESTORS AND ENTREPRENEURS ACQUIRE THE NECESSARY BOOKKEEPING SKILLS TO ENSURE THEIR FINANCIAL BOOKS, FILES, AND FINANCIAL STATEMENTS ARE ACCURATE AND PRESENTED CORRECTLY. It is critical that you maintain accurate records for good business decisions, to secure loans and to plan and prepare your tax return.
Our clients include users from those who initially are clueless about QuickBooks® or accounting to those who simply need some refinement in the the design of their financial statement reports.
Some of What You Will Learn
- Introducing QuickBooks
- Managing Revenues
- Managing Expenses
- Bank Reconciliation
- Reports & Graphs
- Company File Setup and Maintenance
- Customizing QuickBooks
Accounting / Bookkeeping
Because of the favorable tax structure and business-friendly climate in Nevada, many of our clients find it to their advantage to set up a corporation in the state of Nevada, where t hey can achieve maximum tax savings, enjoy liability protection, and protect their most valuable assets.
Keeping accurate books is a vital and important part of any business, but for a corporation or LLC, it’s essential and mandatory. It’s key to the overall strategy of constructing a legal entity that will allow you to receive all of the advantages available to you. FMS provides you with ready access to highly experienced and qualified CPAs-and for routine tasks, an office staff will keep your books in good order.
Using FMS Accounting, Bookkeeping, Tax Preparation and Consulting Services lets you be certain that you never commingle personal and company funds or expenditures. The corporation MUST have its own separate bookkeeping system and checking account. With our oversight, you will never write a corporate check for groceries or simply for cash without an explanation of where the cash went. Keeping your accounts clean will prevent potential legal problems and help ensure your complete privacy.
For tax reasons, it is vital to put adequate explanations on the corporate checks you write and to have receipts to back them up. For a company car, for example, the corporation or LLC pays all the expenses, but the checks must be made out and cash receipts attached so that this is part of the permanent record. It’s much too easy to make mistakes if you try to keep things separated by yourself.
FMS can both give you advice on proper bookkeeping and give you access to our staff for the heavy lifting. Our accountants and bookkeepers can be on call and act as a part of your financial management system, saving you the expense of hiring full-time employees.
To help your corporation maintain its tax compliance and reporting responsibilities, FMS, LLC is proud to offer the following comprehensive tax preparation and consulting services:
- We will monitor your tax position on a quarterly basis to ensure that the proper amounts are paid in for estimated taxes for the tax year.
- We will monitor your business expenses to ensure that you are taking the greatest number of corporate tax deductions as possible and that you will pay only the legal minimum in taxes that the law requires.
- We will prepare your federal and state tax returns to help you meet your taxpayer reporting responsibilities.
- We will render year-round tax advice, research, and consulting, regarding any type of tax issues that may effect your business and growth.
- We partner with tax law professionals, enabling us to offer advice related to the tax consequences of the incorporation process and taxability of transactions.
- We can provide critical accounting and tax advisory support regarding any IRS or state revenue agency audits. We constantly strive to keep you audit bulletproof.
BOOKKEEPING AND BOOKKEEPING CONSULTING
For Your Consideration:
MAKE MORE MONEY AND SAVE TIME
To help your organization maintain tax compliance and reporting responsibilities, FMS is proud to offer the following bookkeeping and consulting services.
FMS “SELECT” BOOKKEEPING SERVICE
Bookkeeping services include:
BOOKKEEPING TRAINING
9550 S EASTERN AVE., STE 253
LAS VEGAS , NV 89123
702-952-9595
WWW.FMSNEVADA.COM
info@fmsnevada.com
© 2010 FMS Nevada. All rights reserved. Fidelity Management Solutions CALL US TODAY 702.952.9595 For Your Free Consultation