Guzman & Associates provides accounting, tax and consulting services to businesses in various industries including manufacturing, construction contracting, distribution, telecommunications, financial and professional services, post-secondary educational institutions, non-profit organizations, hospitality, and dealerships, amongst others.
Accounting Services
- Preparation
of compiled financial statements (with or without disclosure) in accordance with
U.S. generally accepted accounting principles ("GAAP") on a monthly, quarterly, semi-annual, annual or as-needed basis,
- Performing agreed-upon procedures,
- Monthly accounting services including reconciliations of relevant general ledger accounts, amortization and depreciation calculations, recording of recurring and non-recurring journal entries, and issuance of financial statements*,
- Annual accounting services for year-end tax preparation,
- Implementation, maintenance and consulting regarding multiple accounting software applications,
- Business management and consulting,
- Outsourced accounting and controller services during periods of in-house absences,
- Outsourced independent audit assistance to other practices,
- Payroll, sales tax and property tax return preparations,
- Initial set-up of business chart of accounts and general ledgers.
* Ask about our established rate schedule for monthly clients.
Tax Services
- Quarterly and annual tax planning for estimated federal and state tax payment purposes,
- Coordination of correspondence with tax authorities,
- Coordination of personal and business tax issues,
- Gratis reviews of prior year federal and state tax returns,
- Identify tax advantages to defer income, estate and gift taxes,
- Timely completion of required tax returns.
Consulting Services
- Business advisory services including review and analysis of historical financial statements for projection and forecast purposes, assessments of current operations, plans for reorganization, and liquidation analyses, amongst others,
- Assessments and analysis of internal control to ensure internal compliance,
- Design and document internal policies and procedures with an emphasis on appropriate levels of internal control,
- Due diligence processes for mergers and acquisitions,
- Forensic accounting services,
- Assisting businesses with new business ventures including business plan design and development.