Employee Benefits Review – Health insurance,
retirement custodial
fees and other employee benefits are a rising cost for
just about every business.
It’s an area
that should be reviewed once a year to ensure that plans are providing the
benefits that are intended at the best possible price. The CPA is in a good
position to help with
this because of his tax knowledge and experience working
with many local
vendors. He or she can see the big
picture on various benefit
packages as well as provide some personal incite on
which vendors can provide
adequate service, etc.
Cost Cutting Reviews – Occasionally, a vendor
can be renegotiated with or
replaced without a reduction in quality or
service. The business owner’s
accounting
personnel often do not break out the time to help with this. A CPA
can add a fresh perspective and often
provide some new ideas to consider.
One
idea alone can save a business thousands of dollars a year.
Merchant Processing Review – For many small
businesses, two percent of
sales goes to merchant processing costs. A small reduction in this alone
can save a
company thousands of dollars. We are
partnered with a merchant
processing company that uses CPA firms as its sales
force. The reduction in
marketing costs
is passed on to the client.
Real Estate Analysis – Oftentimes, traditional
financial planners do not spend
the time or have the training to consider the
value and importance of real estate as a
part of the client’s overall
portfolio. In addition to tax analysis,
we also use custom
software tools that allow us to work with a client and
analyze different scenarios
such as buy/sell/hold. We can calculate your ROI from a cash flow,
market value,
tax benefit, time value and debt reduction perspective and pull
your whole financial
picture together.
Education Planning – College costs are a
burden on most families. We can work
closely with you and your financial planner to help fill in some of the holes
such as
how much financial aide are you likely to get; what is the best tax
advantageous
vehicle to save in; and how to find grants and loans for your
kids.
Divorce Planning – Going through a divorce is
an emotional experience. When you
add in
the problems over splitting assets, the troubles can become significantly
more difficult
to deal with. Working closely with our
firm can help to give you and
your attorney the tools to get a fair
resolution. You will be better able to
preserve
the nest egg that you worked so hard to grow.
