The Royce CPA Firm

Certified Public Accountant specializing in personal, non-profit and forensic accounting and tax preparation

Businesses

The Royce CPA Firm has two simple guidelines for helping your business:

Minimize surprises, and maximize convenience

The world of business is unpredictable, but our services can give your business total certainty in where you stand, and can give insights into planning and preparation for the future. We minimize surprises with our own services, as well; you won’t be caught off-guard by a high price because we work directly with our clients throughout the year.

Convenience in business services simply means we make sure it’s easy to work with us, so that you can concentrate on your work!

The Royce CPA Firm can tailor a plan to suit your business’s needs.  We offer the choice of à la carte, which lets you pick and choose what services you want, when you want them.  Or, you can choose the Full Service Plan, which will include a pre-set list of services of your choosing, included in a standard monthly service fee.

Full Service Plans also include a free analysis of your needs, typically including bookkeeping, tax preparation, and specific planning services such as fringe benefit analysis, and owner compensation analysis.

Business Services

Startup Services

Starting a new business involves more than just having a good idea. There are several different kinds of businesses, and each has their own tax considerations. We will help you with tax considerations not only for the initial formation, but how to reduce tax liability based on when you expect the business to become profitable, handling business loans, debt and profit projections, reasonable compensation analysis, and much more.

  • Analysis of Best Tax Status
  • Application for S-Corporation
  • Research & Development Tax Credits
  • Avoiding double taxation for sole proprietorships
  • Making the best of your deductions
  • Analyzing the tax considerations of retiring and profit-sharing plans

Small Business Bookkeeping

We cover the details that cover your final balances – finding old checks, or updating your schedule of fixed and depreciable assets, such as a new company truck. We can reconcile accounts receivable and accounts payable. We make sure that everything adds up, so that your clients, debtors, and employees are all happy. Having well-kept books also creates peace of mind and fast turnaround when tax season comes, because you know your books will be in order.

À la Carte Tax Preparation

If you simply want to bring in your tax information to the office to have it properly prepared and submitted to the IRS, we can prepare and send it for you, checking for deductions and strategies to ensure a timely and accurate return.

Full Service Tax Preparation

Working with us under the Full Service Tax Preparation plan means we will proactively work with your business to manage your tax obligations. If you are a bookkeeping client, we can give you a very fast turnaround. We can meet with you throughout the year, and answer questions as they come up.

Audits and Financial Statements

Financial disclosures are an essential part of running a business.

We offer many types of statements, including:

  • Audited Financial Statements
  • Reviewed Financial Statements
  • Prepared Financial Statements (Basic)
  • Prepared Financial Statements (with full disclosures)
  • Pre-Audit Preparation Assistance
  • Customized Statements and Reports

Forensics for Businesses

Forensic accounting is an essential tool for when getting all the details really matter. The Royce CPA Firm specializes in analyzing your accounts in a way that is admissible in court. If you are in need of accounting help for these reasons, it must be done in a certain way, or it may not be admissible for legal proceedings!

Some common situations that call for business accounting forensics include:

  • Legal proceedings
  • Partner disputes
  • Employee embezzlement investigation

Basic and Full-Disclosure Prepared Financial Statements

A Basic Prepared Financial Statement takes accounting data from our clients and makes sure that everything reconciles and balances. We give you a complete picture of your financial well-being.

Full-Disclosure Statements include not only the reconciliation and balancing, but footnotes, explanations, compliance disclosures, and more.

Audited and Prepared Financial Statements

Audited financial statements are a great way to make sure that your business is spending money appropriately, because we can flag any unusual changes in expenses, and note opportunities to save money.

We can also do reports such as a Year-Over-Year analysis.

Pre-IRS-Audit Preparation Assistance

If you are being audited for regulatory compliance or by the IRS, we can help! The IRS looks for very specific things in an audit, and wants those things presented in a particular way. Having everything together before the audit can give you a sense of preparation and calm for what can be a stressful time, and the IRS agent will appreciate your preparation, as well.