Services
Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description.
As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
Ultimate Tax Strategy Services
Are you satisfied with the taxes you pay? Are you confident you're taking advantage of all available tax write-offs? Is your tax advisor giving you a proactive advice to save on taxes?
If your answer is "no", then you are not alone.
Email us today for a complimentary review of your situation. We guide our clients through a full range of tax planning decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
Tax Preparation Service
We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and applying innovative ideas, we are in a position to identify key tax planning opportunities that will save you thousands of dollars in taxes!
Combine this with the Ultimate Tax Strategy Services and we will turn you into a "tax-savvy" taxpayer... by minimizing your tax and increasing your wealth. Let us make this easy for you... please email us today and let us put more money in your pocket!
Real Estate Planning/Tax Strategies
We've been assisting real estate owners & investors issues the past 20 years on the following issues:
- Determining the tax benefits of main home and rental investment ownership
- Strategies in excluding & deferring the tax impact of a short-sale/foreclosure
- Various strategies in excluding/minimizing gains on home and rental(s)
- Proper r/e holding structure to maximize tax, legal, cash flow and estate
- Real estate investing via self-directed IRA. Powerful retirement strategy!
- Selling strategies in order to defer (1031 exchange), spread (installment sale), minimize (convert primary residence to rental and vice versa).
- When/ how you can transfer your property tax base to another investment.
Tax Management
At Dalmacio Accountancy Corp, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.
Accounting Services
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to effectively manage their operations, both strategically and tactically. Dalmacio Accountancy Corp accounting services provide you with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment and tax planning.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Cash flow budgeting and forecasting
- Personal financial statements
- Corporate tax planning and return preparation
Timely financial reports are important tools for the management of any business, but client's sometimes don't really understand what they are seeing. Educating our clients is part of our mission. Understandably, some want to be educated, others feel they are paying us to be educated and prefer to have us interpret the numbers and bottom line it for them.
Which ever category you are comfortable with, we will accommodate you.
Estate and Trust Planning and Tax Preparation
We leave the estate and trust planning to the attorneys, but, just like corporations, LLC's and partnerships, estates and trusts are entities which require sound accounting practices and reporting. This is where Dalmacio Accountancy Corp fits into the picture. We will work alongside your attorney to ensure that the terms of your estate or trust are being carried out accurately and fully and will prepare the required tax returns.
IRS Representation
Professional representation is vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Bookkeeping/Write-up
Accurate record-keeping is the foundation of all higher level financial information. The reliability of financial statements and tax returns begins here. This is often a complicated and time consuming chore. Dalmacio Accountancy Corp can guide you in the most efficient ways to accomplish this task. Alternatively, we can provide the full range of bookkeeping services to your organization.
Entity Selection and Restructuring
Your form of business entity (Corporation, LLC etc) has a large impact on your taxes and other liabilities. Very often an unadvised business owner will choose a form of entity because it's the one most often mentioned in the popular media. Later they discover that this was not the best choice. We will review your situation and objectives and advise you as to the best entity for your particular requirements.
QuickBooks Accounting Help and Assistance
These programs 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 don't just help you use the software, we help you use it more efficiently and more effectively.
Dalmacio Accountancy Corp offers the following solutions to help meet your needs:
Personal Training- We train you personally! Either one-on-one or several individuals within your organization at your company's location.
Installation- We install QuickBooks or Peachtree on your stand alone computer or in a network environment, in either single- or multi-user mode.
Setup- We assist new users with initial setup including: 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 setup.
Support- Our support service 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 can also provide accounting and payroll assistance.
Review- Our review service is aimed at companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your 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 reclassifications 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 and are a favorite arrangement among our clients.
In addition to QuickBooks and Peachtree, we can work with any of the currently available accounting software programs such as MYOB, MS Money, etc.
Cash Flow and Budgeting Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Dalmacio Accountancy Corp can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, rebalance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level.
Financial Projections and Forecasts
No one can predict the future perfectly, but we can all benefit from planning for it. Dalmacio Accountancy Corp. Tax & Accounting combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.
Debt and Finance Advising
Whether your needs are corporate or personal, Dalmacio Accountancy Corp professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.