From a Company
IRS Audits
Pull Financials for a loan
Review financials
Target new customers
File Tax Returns
From a Company
Review a legal agreement
Pull Financials for a loan
Review financials
Target new customers
File Tax Returns
Project Completed
Tax returns
Satisfied Clients
Oct 22, 2023
Within 9 days, we launched a new business website that significantly improved the client's online visibility. The site featured a modern, responsive design and seamless user experience, leading to a 30% increase in traffic and a noticeable uptick in customer inquiries. This swift execution set a strong foundation for continued growth.
Jan 01, 2024
Developed comprehensive financial projections for an auto supplier, incorporating market trends and customer validation. The analysis highlighted key revenue streams, projected growth rates, and potential risks. By validating assumptions with customer feedback and market data, we provided a reliable financial roadmap, boosting investor confidence and guiding strategic decision-making.
Sept 30, 2023
Access legal agreements on demand, including contracts for Partnership, Buy-Sell, NDA, and Non-Compete, tailored to your specific needs. Our service ensures quick, reliable legal solutions, providing peace of mind and protecting your business interests without the wait.
We hold-hands for Guaranteed growth or for specific initiatives
Faq’s
Our Frequently Asked Questions (FAQs) provide quick answers to common inquiries about our services, products, and policies. Find helpful information to guide your experience and resolve any doubts.
Accounting & tax for personal and small businesses
@ Precision Accounting & Tax. All Rights Reserved
| Services: | LLC, Inc., State level Inc., Agreements, Websites, Accounting, Tax registration, Tax filings |
| Time (weeks): | 1-2 |
| Cost: | $ |
| Key Elements: |
Business Planning:
Choose the appropriate business structure (LLC, Corporation, etc.), register your
business, and obtain all necessary licenses.
Legal Structure: Choose the appropriate business structure (LLC, Corporation, etc.), register your business, and obtain all necessary licenses. Financial Management: Open a dedicated business bank account, secure financing through loans or investors, and set up accounting systems. Branding & Website Creation: Establish your brand identity with a logo, create a professional website tailored to your business needs, and develop marketing materials. Compliance & Growth: Stay compliant with local and federal regulations, and focus on expanding your market reach and customer base. |
| Services: | Competitor Analysis, Positioning, Pricing analysis, Strategy development. |
| Time (weeks): | 2-4 |
| Cost: | $$ |
| Key Elements: |
Define Your Goals & Objectives:
Clearly outline what you want to achieve with your market analysis. This could be
understanding market size, identifying competitors, or finding potential customer
segments.
Research Market Size, Trends, and Dynamics: Gather data on the overall market size, growth rate, and current trends. This helps you understand the market’s potential and future outlook. Assess the Competition: Identify your main competitors and analyze their strengths, weaknesses, market share, and strategies. This will help you understand your competitive landscape. Identify Your Target Market: Determine your potential customers. Segment them based on demographics, psychographics, and behavior to tailor your marketing efforts effectively. Perform a SWOT Analysis: Evaluate your business’s internal strengths and weaknesses, as well as external opportunities and threats. This helps in strategic planning and decision-making. Use Your Findings: Use the insights gained from your market analysis to inform your business strategy, marketing plans, and operational decisions. |
| Services: | SEO, SEM, Target/market segments, Lead pipeline, Pitch docs |
| Time (weeks): | 4-8 |
| Cost: | $$$ |
| Key Elements: |
1. Data-driven:
Uses data from marketing campaigns to make informed decisions and drive
growth.
2. Experimentation: Involves formulating hypotheses, testing them, and refining strategies based on the results. 3. Cross-functional collaboration: Encourages collaboration between marketing, sales, and product teams to optimize the customer journey |
| Techniques Used : |
A/B Testing:
Comparing two versions of a marketing asset to see which performs better.
Email Marketing: Sending targeted emails to nurture leads and retain customers SEO: Optimizing content to improve search engine rankings and attract organic traffic. |
| Services: | Personal Tax forms, Business Tax forms, specialized Filing, Employer Compliance. |
| Time (weeks): | 10-12 |
| Cost: | $$$ |
| Key Elements: |
Personal Tax Forms:
File Form 1040 for individual income tax, including W-2 and 1099 forms for various
income types.
Deductions & Income Reporting: Use Schedule A for itemized deductions, Schedule B for interest/dividends, and other relevant schedules. Business Tax Forms: Prepare Form 1120 for corporations, Form 1065 for partnerships, and Schedule C for sole proprietors. Employer Compliance: File Form 941 for quarterly federal taxes and manage Form 1099-MISC for reporting miscellaneous income. Specialized Filing: Handle Form 5471 for U.S. entities with international branches, and Form 990 for nonprofit organizations. Audit Preparation: Ensure all forms are filed accurately and timely to avoid IRS penalties and prepare for potential audits. |
| Services: | Monthly financials, Audits, Statutory federal/state compliance, Payroll |
| Time (weeks): | 1-2 |
| Cost: | $$ |
| Key Elements: |
Audits & Compliance:
Conduct financial, operational, and special audits, ensuring IRS, GAAP, and GAAS
compliance.
Financial Management: Provide Balance Sheet, Income Statement analysis, General Ledger oversight, and customized charts of accounts. Tax & Payroll: Prepare tax filings for individuals and businesses, manage payroll across all states, and handle unemployment registration Industry-Specific Support: Tailor closing responsibilities and financial evaluations to industries like healthcare, logistics, retail, and consulting. Specialized Support: Handle franchise accounting, prepare ERTC calculations, and ensure compliance with foreign account reporting |
| Services: | Partnership, Buy-Sell, NDA, Non-Compete, Custom |
| Time (weeks): | <1 |
| Cost: | $ |
| Key Features: |
1. Accessibility :
Clients can access legal services quickly and conveniently, often through
online platforms.
2. Flexibility : Services can be tailored to specific needs, whether a one-time consultation or ongoing support. 3. Cost-Effectiveness : Clients can access legal services quickly and conveniently, often through online platforms. 4. Expertise on Demand : Access to a wide range of legal professionals with various specializations |
