| |
|
Tax Returns Preparation
Our firm offers professional preparation of all
federal, state and local tax returns at competitive
affordable rates. We have the expertise to make
sure you pay no more in taxes than you need to.
Our significant investment in computerized tax preparation
and research software enables us to accurately and
efficiently prepare returns for various types of
entities including:
 |
Single,
married, separated, or head of the household
taxpayers |
 |
Non-resident
aliens |
 |
Sole
proprietors |
 |
Corporation,
C or S corporations |
 |
Partnerships-
limited or general partnerships |
 |
Limited
liability companies (LLC) |
 |
Not
for profit organizations |
 |
Payroll
tax returns |
 |
All
50 states tax returns |
 |
Sales
& use tax returns |
Tax Planning
Tax planning is an essential element of the tax
preparation process. By making tax-planning part
of your overall business strategy, you can use
our experience and access to the most current
new developments in the tax laws to minimize both
your current and future tax liabilities. We can
implement tailor-made due-date tax compliance
monitoring systems to prevent costly interest
and penalty assessments attributable to late filing.
International Taxation
Our experience with the taxation of U.S residents
working abroad and foreign citizens working in
the U.S. has provided us with an extensive base
of knowledge in the area of international taxation.
By complying with the various tax treaties between
U.S and foreign countries, we can eliminate double
taxation and take advantage of tax credits available
to foreign taxpayers.
IRS Audits & Negotiations
The CPA firm of Reza & Aidroos, P.C. aggressively
defends its client's position before IRS, Texas
Comptroller and other federal and state government
agencies. We handle all types of IRS matters including
IRS audit, lien, levy and back tax settlement.
We also assist our clients in resolving state
sales, franchise tax and property tax issues.
Accounting
& Audit Services
Monthly
Book-Keeping & Accounting
We offer a complete range of accounting services,
including monthly, quarterly and annual accounting
& bookkeeping services, general journal and
subsidiary ledger maintenance, bank reconciliation,
and receivables and payables tracking and analyses.
We maintain, update and backup all our clients'
detail transaction history for at least seven
years.
Financial Statements & Reporting
Our CPA 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's
full profit potential.
Payroll Services/Quarterly Filings
Our CPA firm offers comprehensive payroll service
at a very reasonable price. We handle all payroll
tasks from paycheck processing to quarterly and
annual payroll tax filings. We respond to all
enquiries relating to employment taxes. We also
handle federal & state payroll tax audits
Financial Projections, Budgeting
A business can be profitable and still run
into trouble due to cash flow issues. We can forecast
and evaluate your company's financial condition,
estimate financing requirements, and track cash-flow
sources and uses. We can develop spreadsheet based
financial models for financial projections, cash
flow analyses, ratio analyses needed for business
plans and loan proposals.
Audits, Reviews & Compilations
We view our role in the financial reporting
process as an opportunity to provide constructive
solutions for maximizing your company's profitability
and efficiency. We provide financial reporting
on all three levels of assurance:
|
|
Audit |
An
intensive examination with the highest level
of assurance |
 |
Review |
Some
analytical procedures conducted with limited
assurance |
 |
Compilation |
Based
upon client information provided and used
primarily for internal use. |
Business
Consulting Services
New
business setup
The CPA firm of Reza & Aidroos P.C. sets up
new corporation, partnership, non-profit entity,
PA, PC and LLC at a very reasonable price. We
take into consideration both the legal and tax
consequences of the situation and help clients
choose the right form of business entity. After
setting up the new business, we follow up on your
progress and government compliances. We assist
you obtain federal and state tax numbers. We file
monthly, quarterly and annual tax returns, set
up your books of accounts, maintain detail general
ledger and prepare periodic financial statements.
We keep your books of records straight from day
one. In other words, we do everything needed to
keep you company in good standing. No excuse.
You can have a peace in mind knowing that your
business is at good hand.
Business Entity Selection
Choosing the form of entity of your business (e.g.
"S" corporation, sole proprietor, limited
liability company
) is a crucial decision
that can have longstanding tax implications, positive
or negative. We can assist you in evaluating the
pros and cons of each entity type to help you
determine the most advantageous form of business
for your company.
Incorporation
Our CPA firm can incorporate your business in
24 hours. We take into consideration both the
legal and tax consequences of the situation and
help clients choose the right form of corporations.
We also assist you obtain federal & state
tax identification numbers. We have partnership
alliance with attorneys who can provide you legal
consultation on shareholders agreement, bylaws
and other legal matters.
Business Tax & Government Compliance
Our CPA firm of Reza & Aidroos P.C. prepares
all types of federal and business tax returns
including income, payroll sales & use tax
returns. We assist you complying with various
government rules and regulations including licenses
and permits
Business Valuations
What is my business worth? What are the "value
drivers" that make one business more valuable
than another? What steps can I take to build shareholder
value?
Business
Valuations are necessary in a broad spectrum of
situations involving need or adversity. We can
provide you with a comprehensive analysis and
a competent valuation for sale of a business,
mergers and acquisitions, partnership disputes,
and buy/sell agreements.
Buy
& Sell Businesses
Structuring the purchase or sale of a business properly
is a critical step in the process of buying or selling
a business. Our competent staff has experience to
guide you through the acquisition/disposition process
by addressing such issues as cash flow analysis
and tax considerations. We have clients who often
ask us to find prospective buyers for their businesses.
We provide fee based consultation services to prospective
business buyers and sellers. We also assist in obtaining
funds to finance business purchases. Following is
a list of businesses that are for sale now:
Gas station on Dallas and Mansfield
Best Western Hotel in Oklahoma
Hair & beauty salon in Allen
Indian restaurants in DFW area
Dry cleaning plants and pickup joints in Frisco,
Dallas, & Garland
Management Consulting
Our CPA firm offers a wide range of consulting services
to help you improve business operations, boost efficiency,
and increase the bottom line. We can setup internal
control system within your business organization
that can minimize errors and frauds
International Business Consulting
We provide representation in the United States.
We provid ethe following services for our international
clients
|
(a)
|
Act as your agent in conducting negotiations
with U.S. companies and governmental agencies.
|
|
(b)
|
Help you to set up distribution operations.
|
|
(c)
|
Incorporate a business in the USA |
|
(d)
|
Act as registered agent for the corporation |
|
(e)
|
Conduct financial investigations of U.S. companies. |
|
(f)
|
Locate a business for sale in the USA |
|
(g)
|
Assist you in developing and formulating business
plans, mergers and acquisitions of U.S. and/or
other international concerns |
|
(h)
|
Work with immigration attorney for investment
visa |
|
(i)
|
Prepare U.S. tax returns for business &
non-resident aliens |
Business
Planning
Most of the lenders, investors and venture capitalists
require professionally prepared business plans.
We prepare effective business plans including
projected cash flows, projected profit and loss
statements, balance sheet and ratio analyses for
startup and established businesses.
Accounting Software Consulting
Our CPA firm provides accounting software selection,
implementation and training services.
We have staff who specialize in Quickbooks, Peachtree
and Simply Accounting software. We also have partnership
alliance with midrange software companies.
Financial
Services
Retirement
Planning
It is never too late to start planning for retirement.
If you want to live the same life style- or an
even better one- than you do now, you need to
start planning for retirement... NOW. We can analyze
your projected income and expenses and suggest
investment-funding techniques to help you. Zahid
Reza, CPA is affiliated with H.D. Vest Financial
Services.
Employee Benefit Plans-Keogh, 401k, SEP
We provide assistance in setting up employee benefit
plans such as 401K, Pension and Profit Sharing
plans. Our firm coordinates the whole process
from start to finish.
Insurance
Texas Insurance Commission licenses Zahid Reza
CPA. We will analyze your needs for insurance
whether term, whole, permanent or variable life
insurance for yourself, your family and your business.
We will structure and recommend the insurance
plan that suits your needs.
|