Bookkeeping, Accounting, Analysis, Tax and Advisory
Providing Services on All Fiscal Matters
So much of your success in business depends on making quality business decisions. And the quality of those decisions will depend on the quality of your accounting system.
The quality of your accounting system relies on three things:
- Organization - Accuracy - Timeliness
We help business owners create, maintain and use their accounting systems to make quality business decisions. We do this through the following services.
Bookkeeping-
Get it right at the source.
You can outsource the day to day bookkeeping details to us---invoicing, bills, credit cards, reconciliations, payroll, etc.. And, because we're accountants, we take it all the way to the financial accounting level. That means no review and adjustment needed by your CPA, things are fully up to date the minute we complete our work. If you have a bookkeeper on staff, we work with them--providing support, backup, taking some functions off their plate, etc. And when we do bookkeeping, we're always keeping an eye out for ways we can increase the efficiency of getting the bookkeeping done - because the sooner we get it done, the sooner you get the information you need to manage the business. We have experience with several accounting software packages and can help you and your team use your accounting system more effectively. Additionally, our firm is a Certified QuickBooks Pro Adviser.
Accounting-
Traditional CPA services.
This service area includes periodic review of your books, issuance of accountants' reports on financial statements, cash flow planning, budgeting, etc.
Analysis-
The numbers tell the story.
Using the numbers to understand what is happening in your business is crucial for all business owners. We assist clients by looking, not only at the bottom line, but also the activities that drive the bottom line. We work with you to identify what the key indicators are for your business, how to get them, what they tell us and how to improve them.
"The bookkeeping services provided by O&C have been extremely valuable to me and my business. The work is done right, on time and is much more cost effective than employing an in-house bookkeeper. By outsourcing we have a specialist for those critical activities."
"The monthly review and planning meetings I have with partner Bill Colangeli have proven critical in our company's growth, improved profitability and in our improved service offerings. Not only has working with O'Malley & Colangeli been an important key in improving my business, but it is a pleasure to work with them. They are one of the rare businesses that really seems to care about their clients and providing them with top notch service and value."
-Rich O'Neil, President
Masterwork Painting, Inc., Bedford, Massachusetts
You have to file, so why not make the most of it.
Filing tax returns may not be your favorite thing to do, but we have found ways to use this obligatory function for good! Our group of tax professionals can help you plan before filing time, advise on tax advantaged strategies, and offer other general financial advice during this annual process. So in addition to complying with the tax laws properly, we look for ways that you can do things in a tax favored way!
We provide tax services for:
- Corporations, Partnerships, LLCs, Individuals, and Not-for-profits
- Estates, gifts and trusts
- Sales and use tax compliance
- Property tax compliance
- Multi-state entities
- Taxpayer representation in tax audits .
- Fourth quarter corporate tax planning
Above and beyond crunching numbers.
With this service, you get a fellow business owner or additional member of your management team to discuss your business challenges and opportunities with. We bring a fresh, outside view on things combined with years of experience of seeing other business owners in action.
Examples of areas where we can assist include:
- Expansion ideas
- Operational matters
- Mergers and acquisitions
- Succession planning
- Employee performance matters
- Retirement plan selection
- Projections, forecasting and budgeting
- Productivity analysis
- Cash flow analysis
- Expense reduction and control
- Job costing
- Obtaining financing
Copyright © 2009 O'Malley and Colangeli, CPAs, PC. All rights reserved.
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