Our Professional Services
The Firm's services include: accounting and auditing; Federal and state tax compliance ; business and personal financial planning; financial systems design and automation; management consulting and advisory services; business valuations ; forensic accounting; dispute resolutions; litigation support ; bank financing negotiations and financial reporting services to thousands of businesses, and high net worth individuals.
Business Services
Your Certified Public Accountant can provide you and your business with a full range of financial advisory services. We will assist you in:
- paying the lowest taxes possible and keeping more of what you make
- investing to earn satisfactory yields
- satisfying record keeping and report filing requirements
- solving business problems
- using financial and audit reports to make sound business decisions
- achieving the maximum profit from your business venture
- communicating with other professionals and government agencies
- planning your estate to achieve your wishes and reduce tax costs
Financial Statements and Audits
Your CPA can prepare or supervise the preparation of financial statements. Compilation, review, or audited statements can be provided according to your needs. Helping you to use the statements in managing your business and increasing your profitability is an important aspect of a CPA's service to you.
Financial and Estate Planning
Your CPA is your financial consultant, working with you to increase your net worth, then planning with you to minimize estate taxes. A total program including an analysis of net worth, investment review, family gifting, trusts, retirement planning, and family business transfers, is available to assist you in maximizing benefits for you and your heirs.
Tax Planning and Preparation
Your CPA prepares all required tax returns to assure that you are paying no more taxes than necessary. Throughout the year, your CPA monitors tax law changes that will affect you, recommends tax saving strategies, and serves as your advocate in tax matters.
Investment Review
Your CPA acts as a sounding board for your investment ideas and suggests the best structure to maximize your after-tax return.
Business Problem Solving
As you start a business, your CPA helps you select the proper organizational structure and secure adequate financing. Your CPA works with you and your banker, lawyer, insurance agent, and other advisors to solve your business problems. You receive assistance with loan applications, pricing, credit policies, cash flow, cost controls, and your other business needs. If you have a financial problem your CPA can't solve, you'll be directed to a specialist for assistance.
Recordkeeping and Reports
Your CPA designs accounting systems to fit your business and personal financial affairs. Your CPA also prepares payroll reports, journals, general ledgers, reports to state and federal agencies, and other financial records and reports.
IRS Tax Problems
IRS tax problems are a vital area of service of our firm. We specialize in helping businesses and individuals that find themselves dealing with IRS problems. We represent our clients and deal directly with the IRS, and when appropriate, recommend an attorney to represent our clients in those situations when legal assistance is necessary.
Professional Competence
Your CPA has demonstrated professional competence by meeting high education and experience standards for the accounting profession, passing a rigid nationally-uniform examination, and meeting state licensing and continuing education requirements.
The services offered by the practitioners at McNair and Associates, P.A. include:
- Tax strategies for businesses
- Individual tax planning
- Review of investments planning
- Answers to state and local tax questions
- Representation in tax controversies
- Closely-held business planning
- Corporate transactions
- Business valuations
- Executive compensation arrangements
- Design and implementation of retirement programs
- Employee benefits review
- Estate planning with retirement assets
- Estate tax planning
- Life insurance planning
- Planning for welfare benefits
- Charitable planning
- Obtaining and maintaining tax-exempt status
- Obtaining IRS private letter rulings and Florida advisory opinions
