Accounting
Services
 Whether the company is a start-up or an established enterprises, businesses rely on accurate
and insightful financial information in order to maintain profitability and capitalize
on new opportunities. James Williams & Company’s accounting services
steer you closer to these goals with accurate record-keeping and reporting
as well as support on financial issues such as initial accounting system setup,
cost-containment, tax planning and investments.
Accounting Software Selection
The benefits of having a high-quality, user-friendly accounting system are
priceless for a growing, business to remain successful. Accounting systems
hold marketing statistics, production schedules, inventory status, sales activity,
commission history, customer
receivable lists, payroll compliance information, financial positions, income
and taxable profit information, and ultimately, the secrets of your success.
Choosing and implementing a new accounting software system can be a challenging
undertaking. Price and performance often vary significantly therefore, it can
be difficult to identify which software would best fit the needs of an organization.
We have experienced with various packages currently on the market as well as
awareness of new products. Let us aid you in choosing and implementing a system
that will suit your company's needs.
Tax Preparation
 Our firm offers professional preparation of all Federal, State,
and local tax returns at affordable rates.
Tax Planning & Services
We keep current of new tax laws and legislation
and therefore can identify key tax planning opportunities that minimize both
your current and future tax liabilities. We provide our individual and business
clients with taxation expertise and knowledge throughout the year.
Attest
Services
Our Firm offers both limited and full scope attest services. We will
work with bank and other financing institution to determine whether a limited
review or full scope audit is necessary. We will deliver cost-efficient attest
services in accordance with your mandatory reporting deadlines.
Bookkeeping/Write
Up
The cornerstone of any successful business is having meaningful financial
records at your fingertips. Accurate record-keeping though essential can also
be complicated and time consuming. James Williams & Company can help you
with the organization and day-to-day tasks of bookkeeping so that you can focus
on your core business.
IRS & State/Local Representation
Our firm knows the tax laws, and we know
how your tax return was prepared. When professional representation becomes
vital during an audit, our experience with tax authorities will enable us to
guide clients in their dealings with Federal and State agencies. We are also
experienced in negotiating Offers in Compromise with the IRS.
 Cash Flow & Budgeting
Analysis
Good cash management can improve a company's liquidity, reduce costs,
and increase profitability. James Williams & Company can help you maintain
optimal cash flow levels by tracking sources and uses, forecasting, and budgeting
accordingly.
Compilation, Review & Audit Services
James Williams & Company’s
financial statement services comprise all three levels of assurance and are
available based on your company's needs.
- Audits offer the highest level of assurance
to third parties, and include in-depth examination and confirmation of account
balances, inventories, and selected transactions.
- Reviews provide limited assurance to
outside interests and involve inquiries and analytical procedures that confirm
financial statement matters and identify any items requiring further analysis.
- Compilations are usually requested
for internal purposes and are based upon information provided by a company's
management. They do not offer assurance but may involve some adjustment to
accounting records.
Payroll Services
 James Williams & Company’s payroll services can help
you reduce the time spent on your payroll administration through developing
and implementing a computerized payroll system that will facilitate processing,
timely payment and preparation of tax returns.
Financial forecast Projections
Planning your financial future is essential to
a secure future. James Williams & Company
combines expertise and experience with a true understanding of your business
to produce financial projections that can help you manage your business plan
and spending. Depending on your needs, we can offer a range of service from
top-level reports to detailed financial models.
Financial Statements
Our firm prepares professional, GAAP-compliant financial
statements as well as tailor-made financial analyses that can help business
owners and managers eliminate inefficiency and realize a business full profit
potential. Sales Tax Services
We can assist your company in the compilation
of information and preparation of sales tax returns in an efficient and timely
manner, as well as assist you by representing you before the Massachusetts
Department of Revenue in the case of a sales tax audit. Our firm prepares all
sales tax filings and offers full sales tax audit representation.
Estate,
Gift & Trust Tax Return Prep
Effective estate and gift tax planning facilitates
the orderly transfer of assets to your beneficiaries, provides security for
your surviving spouse, and can reduce or eliminate the tax due on the transfer
of your business and other assets. For business owners, providing for business
continuity and succession of ownership is essential. We can guide you through
this complex process.
Management Advisory Services
Business executives depend on us for counsel and
advice on a wide range of issues. Our approach to client relationships is one
of total involvement, with the objective of maximizing opportunity and minimizing
risk. Our goal is to become familiar with a client's business complexities
and culture.
 In our role as business advisors, we serve as consultants by evaluating
issues from our clients' perspectives. We bring to bear the collective
experience and knowledge of our professionals to improve productivity,
enhance profitability, stimulate growth and manage the future.
Retirement Planning
James Williams & Company can guide you through tough
decision-making processes such as asset allocation, investment performance
monitoring, retirement plans, college education funding, insurance, and tax,
estate, and business succession planning. |
