www.benchworth.com
TAX • ACCOUNTING • AUDIT • ENTERPRISE
Are you tired of not having your financial information when you need it? Or do you just want better value for the services you are currently paying for?
you
need a CPA
that cares about your business and will Ÿ return your phone calls promptly and answer your questions Ÿ suggest how to increase revenue and reduce costs Ÿ provide necessary information for better financial decisions Ÿ integrate tax planning strategies into your long-term goals Ÿ advise you on how to protect your assets Ÿ keep your financial information in confidence You need a CPA. Benchworth is the accounting firm for you.
Benchworth is your partner for success Benchworth commenced operations as a Certified Public Accounting office in 2005. We are a member of the American Institute of Certified Public Accountants (AICPA) and California Society of CPAs. Our management and staff are highly responsive to clients' needs, adaptive to changes in technology and abreast of changes in tax laws. Our work approaches are very effective and we present the results in ways that make them very easy for our clients to understand and use. Benchworth is a full-service CPA practice providing:
Tax Solutions
page 3
Accounting Services
page 5
Audit & Review
page 7
Ÿ Enterprise Solutions
we
page 9
add value! www.benchworth.com
-2-
your
Tax solutions
Benchworth is open year-round Preparing Tax Returns for individuals, corporations, partnerships, limited liability companies, estates and trusts, nonprofit organizations and churches. As your tax accountant, we Ÿ prepare and file income tax, sales & use tax, and payroll tax returns in a timely manner saving you interest and penalties Ÿ save you valuable tax dollars and improve your tax refunds using our in-depth knowledge of the tax codes without compromising your peace of mind Ÿ advise you on documents to have and keep to make it easier to respond to any questions that the IRS or state tax agency may have Tax Planning should come before preparation of tax returns. Our tax planning services provide you tax strategies that fit your purpose. We cover both personal and business tax planning–income deferral, deductions, compensation and perquisites, retirement, transactional planning, etc.
www.benchworth.com
-3-
Tax Returns | Tax Planning | Controversy Resolution We work with you to quickly resolve any tax dispute or controversy when you use our Tax Controversy and Resolution services. It doesn't matter whether we prepared your tax returns or somebody else did. We do our best to get you the results you are looking for. At Benchworth, we Ÿ cover pre-transaction analysis and documentation Ÿ represent or appear with you before the IRS or state tax agency to resolve your tax dispute or controversy Ÿ save you tax dollars by applying for abatement of penalties and interest whenever it pays to do so Ÿ advise and assist you where you need to apply for Offer In Compromise (OIC), make a request for hardship relief, innocent spouse defense or setup an installment payment plan Ÿ help you with removal of tax liens or levies placed on your property We are on your side because we work for you and not the tax authorities.
www.benchworth.com
-4-
our
Accounting services
Our Bookkeeping or Transaction Processing (BTP) services is where we keep the books for your business. The financial statements we produce Ÿ give you a better handle on your overall financial position letting you know how your business is performing Ÿ help with identification of financial and tax planning opportunities Ÿ are meant to enhance the quality of your business decisions especially when used in conjunction with our commentaries Ÿ make tax preparation easier Ÿ have back-up documentation that may save you taxes, interest charges and penalties if the IRS ever questions your tax return Ÿ create efficiencies throughout your business because you spend less time locating documents and information In addition, we can be your interim CFO or Controller–supervising accounting and finance functions, providing management reports and advising on strategies. It's a cost-effective service for you to have.
www.benchworth.com
-5-
Preparation & Compilation of Financial Statements Our Accounting services also include Preparation and Compilation of Financial Statements. Outside parties feel more comfortable knowing that a CPA either prepared or compiled your financial statements. We are available to prepare your financial statements using the information you provide in any frequency that is most useful for you. You can use them Ÿ internally for management decision making, and or Ÿ share them with outside parties Compilation of financial statements is where we Ÿ read your financial statements in light of the financial reporting framework being used by you Ÿ consider whether the financial statements appear appropriate in form and are free from obvious material statements Ÿ issue an accountant report We don't necessarily have to be independent to perform these two services.
www.benchworth.com
-6-
Audit & Review Quality is our priority on all our assurance engagements. We leverage technology and our extensive training to enrich our client's experience. Whether you are seeking high levels of financing or need outside investors or preparing to sell or merge with another business, consider having an audit. It provides you with the highest level of assurance. However, if you are convinced you need a lower level of assurance, consider a review which is the base level of our assurance services where we let you know if there are any material modifications that should be made to your financial statements. Ÿ Both an audit and a review by an independent accountant lend credence to your financial statements because they let outside parties know that they are in accordance with the applicable financial reporting framework.
Ÿ Weaknesses and breakdowns in your system of internal controls are made known to management in our letter upon conclusion of an
www.benchworth.com
-7-
Quality | Integrity | Credence audit. Having an audit of your financial statements done provides the opportunity for the Board of Directors to approve an action plan to rectify issues and further safeguard the assets of the business. Ÿ Any fraudulent activities that came to light during the course of performing our audit procedures are made known to management although detection of fraud is not the objective of an audit. Ÿ Instances of conflict of interest and transactions that were not done at arms length may also be revealed by our audit procedures. Ÿ Accurate business valuation and readiness for prospective merger, acquisition, dilution of ownership interest and control of your entity become easier with audited financial statements. A reasonable assurance about whether the financial statements as a whole are free of material misstatement and that they are presented fairly, in all material respects, in accordance with an applicable financial reporting framework means a lot to lenders and the investing public. Engage us.
www.benchworth.com
-8-
your
Enterprise benefits
With our Enterprise solutions, we create value to enhance the quality of your Return on Investment (ROI). As our client, we Ÿ put our expertise and industry knowledge to work for you in order for you to attain your financial goals and possibly exceed them Ÿ guide you on the business entity structure that best suites your idea and assist you to set it up. We even work with you to go live Ÿ provide you with market penetration and expansion strategies based on our knowledge of the market place Ÿ establish strategies that may help you combat disruptions within your industry created by changes in technology and innovations Ÿ help to streamline your processes for more efficient operations Ÿ advise you on deals when you are either looking to buy or sell your business, partner with another business or merge with one
Ÿ provide regulatory (including SOX) and contract compliance services
www.benchworth.com
-9-
Profitability | Growth | Safeguards reviewing relevant documents, testing your processes and controls and informing you about any deficiencies and breakdowns 타 assist with rectification of issues as part of our efforts to help you attain and stay in compliance of regulatory or contract requirements 타 examine your assets protection blueprint and provide you with suggestions on how to better safeguard your valuables 타 discuss options and strategies that are available to you when you are ready to exit your business before you even get there in order to make the transition seamless and optimally beneficial to you 타 identify risks inherent in your day-to-day operations and advise you on how to mitigate them You gain an ally who has your utmost interest at heart when you sign up for our Enterprise services. This is the package you need for profitability and growth of your business and protection of your assets.
www.benchworth.com
- 10 -
tax accounting audit enterprise
GET US ON YOUR SIDE
2006 A Street, Suite 207 | Antioch, CA 94509 Phone: 925-978-9483 | info@benchworth.com