Please call or email us for a complimentary consultation and analysis of how we can best serve your accounting and tax   requirements.

• Entity Selection, Forming and Restructuring
• Business Consulting Services
• Strategic Business Planning
• QuickBooks Accounting Help and Assistance
• Financial Projections and Forecasts

• Cash Flow and Budgeting Analysis
• Tax Planning and Management Services
• Payroll Services
• Personal Financial Management

Consulting: Entity Selection, Forming and Restructuring

Your business entity has a large impact on your taxes and other liabilities. From your company’s inception through its growth and development, IMA Tax and Accounting LLC offers you advisory services on choosing an entity type, forming the company, and later restructuring as necessary or most advantageous. With our knowledge and expertise, you will always receive the most profitable entity type for the functions your business performs. We assist you in putting together a strategic plan to avoid common pitfalls that many new small business owners make when starting their new venture. Our professional staff guide you through the planning process by preparing an initial business plan to clarify your marketing, management and financial goals, determining your start-up capital needs, identifying sources of start-up capital, and evaluating and quantifying your borrowing power. Selecting a business structure that best fits your business needs, selecting the right accounting software, preparing a Cash Flow Budget. We also assist in establishing billing and collection procedures, establishing procedures to monitor and control costs. Preparing and filing all required state and local licenses and permits, preparing and filing your application for your Federal Employer Identification Number, complying with employment laws, and Identifying your business insurance needs.

Consulting: Business Consulting Services

Our business expertise is available to help you manage and grow your company. IMA Tax and Accounting LLC provides timely, accurate financial information without compromise. Rather than simply prepare your books and taxes at the end of your financial period, we offer guidance to help you add to your bottom line – which increases the value of your business. We can also help your business run more efficiently on a daily basis. The firm’s proactive approach to tax and compliance services assures that you are satisfying evolving laws, regulations and standards. While new levels of oversight tend to increase the amount of time required for compliance, our ready expertise and proven work methods help keep our hours to a minimum. We also help you explore your options – another way of increasing the value of your business, your most prized possession. Rely on our consulting services at the front end and throughout your business cycle. In addition to acting as a sounding board for management, we provide comprehensive strategies that address the issues affecting your business. From acquiring and identifying new markets to running your business through possible divestiture and estate planning, we help you proceed with confidence and strength. Let us also help you identify areas that negatively affect profitability and growth. Our firm will develop solutions that are both practical and technically sound. Here are a many ways in which we can help you. Part of our job is to identify and prioritize them, to begin with those that will result in the greatest good.

Consulting: Strategic Business Planning

A Strategic Business Plan is a blueprint describing your company, its products, the competitive environment, management team, financial health and business risks. It is intended to help you prepare for the future of your business. It ensures that key lenders are all “on the same page,” and keeps both management and employees focused on the tasks at hand. A strategic business plan is considered necessary when a business decides to start a new venture, product or service, and expand a current organization, buy a new business, and salvage a declining business. A strategic business plan is a roadmap that businesses can follow in order to identify and describe the target customer profile, features, advantages and benefits of your new venture, product or service. Let IMA Tax and Accounting LLC help you with the following:

• Justify that plans are credible by fully researching the need being filled with your new venture.
• Create marketing plans including full descriptions of targeted promotional campaigns with implementation timelines.
• Examine market conditions, the nature of your customers, as well as your competitors, sales potential, and projected results of your promotional campaigns.
• Develop staffing plans including identifying the key players, skills, attitudes and expertise needed to build the venture.
• Establish management plans including full descriptions of management systems and timelines for implementation.
• Identify building and equipment needs including vendors and cost estimates.
• Formulate company milestones including timelines for upcoming products and services in development.
• Develop financial plans including projected startup costs, operating costs, revenue, profits, and break-even analysis.

Following a thorough business plan with projected financials can allow you to effectively foresee upcoming problems or prevent them. It can also be a predictor of your company’s future success. Let us help you develop a powerful Strategic Business Plan that drives your business to the next level.

Consulting: QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We assist new QuickBooks users with initial setup including: Easy Step Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setups. We help determine the appropriate package and platform, online or desktop. We don’t just help you use the software, we help you use it more efficiently and more effectively. We train you personally, either one-on-one or several individuals within your organization at your company’s location. We also provide QuickBooks support service which can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we also provide accounting and payroll assistance. Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review its transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassification necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

• Product Selection
• Installation
• Setup

• Personal Training
• Support
• Review