Emerging and Start-Up Businesses
Accounting & Management Services, Inc.
has extensive experience with the issues faced with emerging and
start-up businesses. Whether you need assistance with entity
formation, executive compensation, stock option plans, tax
compliance or assurance services, the professionals at
Accounting & Management Services, Inc.
understand and can provide the needed assistance.
Closely Held and Family
Businesses
We
specialize in serving privately owned businesses. Such businesses
have unique issues, such as ownership succession and buy-sell
planning, income and estate tax planning, cash flow planning, and
financial accounting support. We serve our clients by first
understanding their goals and objectives, assessing their current
circumstances, and then developing practical solutions to complex
tax laws and accounting standards. We will work with you to help
you successfully achieve your business and ownership goals.
Executives and Professionals
Our firm
is well-positioned to meet the tax and accounting needs of
executives and professionals. For executives, we have deep
expertise in strategic planning for employee stock options,
deferred compensation plans, and other types of executive
compensation. Our planning considers not only the tax
ramifications but also the overall financial effects of each type
of compensation. Significantly, this planning also utilizes
strategies for managing the alternative minimum tax. We also
assist companies seeking to implement executive compensation
programs.
As a professional, you need strong tax and
accounting support to assist you in your day to day and long-term
decisions. We meet those needs in a responsive, efficient, and
forward-thinking manner. We provide QuickBooks and other
accounting support and assurance services as needed, as well as
tax compliance and planning.
High-Net Worth and High-Income
Individuals
As a
high-net worth individual, you seek not only tax minimization, but
also to preserve your net worth through appropriate financial and
estate planning strategies. Many times you will
have philanthropic goals as well. Our extensive experience in
these areas allows us to take a holistic approach in meeting all
of these needs. Not only do we provide necessary compliance and
planning services to you and your family, but also utilize
competent outside advisors (such as legal counsel) where
necessary. We also provide home office services (such as bill
paying and periodic accounting services) as needed.
Taxes represent the greatest expense for a large number of
individuals, and so high-income individuals have an overall need
to minimize their current tax liability to the extent possible.
We assist you in minimizing your current tax liabilities, while
also evaluating their exposure to long-term income, estate, gift,
and other taxes, and keeping you current with your tax filing
obligations.
Government and Non-Profit
Organizations
Governmental audits are very diverse and include all audits and
attestation engagements performed under accounting standards
promulgated by the Government Accounting Standards Board (GASB)
and Government Auditing Standards, issued by the
Comptroller General of the United States. In addition to financial
statement audits, governmental audits include audits performed
under the Single Audit Act Amendments of 1996 and OMB Circular
A-133, Audits of States, Local Governments, and Non-Profit
Organizations (referred to as Single Audits), program
specific audits as defined under OMB Circular A-133, and other
compliance audits and attestation engagements performed as
required by federal, state, or local laws and regulations.
Accounting & Management Services, Inc.,
has served government entities for many years and our audit
professionals are very proficient in the unique financial
accounting framework that exists in government. We are committed
to offering our governmental clients a high level of experience
and expertise.
We
are members of the Governmental Audit Quality Center of the AICPA
(GAQC). The GAQC is a voluntary membership center for CPA firms
that perform governmental audits. As members, we have made a
commitment to adhere to GAQC membership requirements that are
designed to introduce additional quality control features into our
practice and governmental engagements.
Nonprofit organizations require a thorough understanding of
accounting, financial and consulting issues that are particular to
their needs. Our professionals work with you to gain a detailed
understanding your issues.
