The firm of Robert M. Frumkin CPA, Inc. is a designated Certified QuickBooks ProAdvisor. The Firm assists clients with their monthly accounting and in the customization of QuickBooks to meet their particular business needs. All accounting is approached with tax reduction as the central objective. By completing all clients accounting, the firm provides effective tax planning throughout the year. This may translate into a greater pension contribution, deferred compensation arrangements, or any one of a series of corporate tax elections that offer substantial tax savings. These tax opportunities are not available if all business activity is simply presented to the accountant after year end. The firm works in close contact with the client and client’s staff to ensure proper accounting is completed to support all tax strategies applied. Monthly work performed by the firm consists of but is not limited to:
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Completing Bank Reconciliation’s
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Reviewing all Cash Receipts & Disbursements for proper classification
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Recording all activity to client’s General Ledger
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Recording any adjusting journal entries
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Producing Financial Statement’s
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Also included within the scope of the monthly work is:
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Completion of Payroll Tax Returns
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Completion of Sales Tax Returns
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Completion of City Business License Returns
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Completion of Business Property Tax Returns
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The intention is to create the most comprehensive accounting and tax system available. The Financial Statements serve as an informational tool for management as well as support for the related tax filings and strategies applied.
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