Accounting Services

Custom Accounting & Tax provides full accounting services, producing accurate and timely reports monthly.  Saving you time by entering and compiling your data and presenting it in a comprehensive format, and thereby, giving you a cost effective alternative to hiring your own accounting staff.  

·         Payroll Services are available for small and large companies.  

·         Preparation and analysis of financial statements and reports for managerial use.

·         Will work closely with your financial planner to implement employee benefits and pension plans.

·         Invoicing/Billing Services

·         Receivable/Payables tracking and analysis

We will give you the tools to get your accounting started.

·         Initial Set up of Accounting Process and software

·         QuickBooks® Training

·         Review and clean up of records

·         Continued consultation as needed

Budgeting – Where is my money going?

·         We will provide accurate and understandable reports and spending projections that tell what you need to know in order to make critical decisions.  This allows you to plan your future and attain your financial goals.

Executive Bookkeeping

Executives, Entrepreneurs, and Business owners with multiple entities all benefit from our services.  Sorting through volumes of daily mail, reviewing and paying bills on time, and reconciling monthly bank and credit card statements are a full time job by themselves.  The time we save can be spent developing new client relationships, team building with your staff, enjoying time with your family, playing a round of golf, or relaxing by the pool.

Your personal bookkeeping will be diligently monitored and well cared for.  We will customize our services to fit your needs. Services include:

·         Mail sorting

·         Regular bill payment services

·         Transfers between accounts

·         Recording financial transactions

·         Sending you monthly reports that are consistent, and understandable, and customized to fit your needs

This service will give you peace of mind and the ability to see the aerial view of your financial affairs.  The additional benefits of this service are that your tax firm will receive your end of year financials in record speed with little or no effort from you.  And you will have your bills, statements and reports in pdf format delivered to you electronically.  No more carting boxes of paper around, No more clutter in your home or in your mind.

Consulting

Consultation begins with good listening skills.  We take the time to understand your business, its needs and your goals.  We provide you with the comfort of knowing where your company is financially so you can make solid business decisions.

·         Guidance on the establishment of New Business Incorporation and LLCs

·         Filing for non-profit status

·         Education on financial information as it pertains to your business

·         Construction of customized planning scenarios, financial forecasts and projections.

·         Cash flow analysis

·         New employee e-verify preparation, and payroll set-up

·         Software selection

·         QuickBooks® implementation and ongoing training

Retirement Planning You are never too young to start your retirement planning.  If you want to continue your wonderful lifestyle or crate a new one, start planning now.  We work closely with professional financial planners who will analyze your projected income and expenses and suggest investment funding techniques to help to achieve your goals and dreams.

Payroll

We customize payroll services to fit your company needs.

·         Full Payroll Processing

o   Payroll checks prepared and printed with respect to the security standards set by the Federal Reserve

o   Direct Deposit

o   IRS and State tax reporting

o   EFTPS tax deposits

o   Understandable monthly, quarterly and annual payroll tax reports – W-2, W-3 and 1099.

o   Detailed reports tailored to your company.

o   Preparation and filing of required new hire reporting for Arizona, including E-Verify

·         Email Payroll Processing

o   Call or email your employee’s hours and earnings

o   Employees receive payroll stubs via e-mail, and checks via direct deposit 

o   You receive all Services listed above, tax reporting, deposits, reports and filing forms

• Customized for hand-prepared payroll, we will enter all your data so you will receive
  • All tax reporting and EFTPS deposits
  • Tax reporting, deposits, reports and filing of forms

Tax Services

Tax Planning and Tax Preparation go hand-in hand.  Our tax team background comes  from experience working at the four largest and most prominent firms in the World. Custom Accounting & Tax has experience preparing multi-state tax returns as well as International tax reporting.

Tax Planning

Our complete range of tax planning and compliance services is available year round. 

We stay abreast of all Federal, State, and Local tax law changes, so you don't have to.  We utilize that information to help you minimize your tax burden.

Individual Returns

An important portion of Custom Accounting & Tax's practice is preparation and planning for individual tax returns.  They are prepared with comprehensive tax software and carefully reviewed to assure the best advantage to you.  We handle Federal, State, and Local correspondence on your behalf as well as audit preparation.

Corporate Returns

Corporate tax laws allows for substantial tax savings to your business, increasing your bottom line.  Continuous communication with us will produce the greatest tax savings to you.  We assist clients with C-corporations, S-corporations, and LLCs.

Partnerships

Partnerships offer a great vehicle for families to plan for business succession and estate planning.  We handle both General and Limited partnerships of any size.

Trusts and Estate Planning

The use of trusts has been on the increase in recent years as it is an excellent avenue to protect assets and insure the desired disposition of wealth.  Let us help you meet your objectives.

In estate planning lifetime gifts as well as charitable disbursements can be used as tools to reduce the estate burden.  Estate planning should be a team effort that includes your attorney, financial advisor and your accountant.  We listen carefully to how you would like your assets used and who will have access.