McGee & Associates, Inc.

Tax Planning & Preparation

Tax Planning and preparation form a winning combination for successful individual and business clients.  whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.


Payroll Services

As a business grows, it must hire more employees, which can result in increased payroll administration.  We can assist you in implementing the controls necessary to ensure a reliable, efficient and effective payroll system.  Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.

Bookkeeping/Write-Up

Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business.  Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.

Accounting Services

Provididng information on to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised.  Meaningful, well-organized financial records ensure that your business operations will run more effciently on a daily basis.  Our firm porvides a full range of cost effective accounting services includiing the following:

 

 

  • General ledger & financial statement preparation
  • Bookkeeping (Monthly/Quarterly/Annual)
  • Accounting system setup for new businesses
  • Computerized payroll services
  • Business tax return preparation (Sales & Use /Business Property
  • Personal financial statements
  • Litigation support

 

 

Consulting Services:

We gauge our worth by the personal successes of our clients.  We can help your business identify areas negatively affecting profitability and the growth and develop solutions that are practical and technically sound.  In addition to acting as a sounding board for management we provide comprehensive, flexible strategies that address the issues affecting your business.  The following is just a few of the areas in which we provide consulting services :

 

 

 

  • Accounting software selection and  implementation
  • Type of entity selection
  • Business valuations
  • Buying /selling a business    
  • Computer systems
  • Financial & retirement decisions
  • Estate trust & gift planning

 

 

Tax Services

We prefer to take a proactive vs. reactive approach to tax services.  By keeping current on new laws and legislation, we are in a position to identify key tax and planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year.  Tax services offered include but are not limited to:

 

 

  • Tax planning & return preparation
  • Individuals
  • corporations
  • partnerships
  • LLC's & LLP's
  • Estate trusts and gift
  • Not for profit organizations
  • Taxing authority representation
  • Divorce and support issues
  • Tax effects of buying/selling a business

 

 

 

 

Financial Statements

We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them.  The financial statements produced can be a useful tool for management for making financial decisions.

 

 

 

Estate & Trust Tax Preparation

Effective estate and gift planning facilitates the orderly transfer of assets to you beneficiaries, provides security for you surviving spouse, and can reduce or eliminate tax due on the transfer of your business and other assets.  For business owners, providing for business continuity and succession of ownership is essential.  We can guide you through the complex process of getting your financial affairs in order.

 

 

 

Business  Consulting

We gauge our worth by the personal and business successes of our clients.  We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound.  In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.

 

 

 

Business Entity Selection

Choosing the form of entity of your business (e.g."S" corporation, sole proprietor, limit 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 to help you determine the most advantageous form of business for your company.

 

 

 

Estate Planning

Effective estate planning facilitates the orderly transfer of assets to your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets.  For business owners, providing for business continuity and succession of ownership is essential.  We can guide you through the complex process of getting your financial affairs in order.