Lauren William and Co., P.S.

40 Lake Bellevue
Suite 100
Bellevue, WA 98005
ph: 425-7738187
william@laurenwilliamcpas.com

Services

Tax Preparation and Consulting
Overwhelmed with all of the new tax rules and regulations? Has anyone sat down with you and thoroughly explained how certain tax strategies will impact your business? To ensure our clients minimize their tax liabilities, we engages in strategic planning with clients, specializing in tax preparation and counsilting for small business owners.
- Tax Planning
- Income Tax Preparation
1. Form 1065 (Partnership or Limited Liability Company)
2. Form 1120S (Small Business or "S" Corp
3. Form 1120 (Corporate "Taxable" Small Business
4. Form 1040 (Includes Schedule C Business
5. Payroll tax filings
6. Sales tax filings
7. Property tax renditions
Accounting Services

These services include recording business transactions, maintaining supporting records and preparing routine financial and operational reports. Analyze the financial statements and related reports in order to identify opportunities for cutting costs as well as improving efficiency and product or service quality.
Provide routine budget versus actual reporting in order to highlight potential opportunities for controlling costs.
Use the accounting system to prepare historical and projected cash flow analyses in order to identify potential challenges and improvements for managing cash which a lifeline for all businesses. Use these historical analyses and any anticipated future business operation changes to predict future cash flows which may also highlight either the need for increased borrowing or the opportunity to temporarily invest idle cash.
Use historical accounting data to prepare breakeven analyses which depict the minimal revenue necessary to recover fixed and variable operating costs. Use these analyses and any contemplated business operation changes to predict breakeven points so that the client can better gauge and plan for the impact of these changes on related revenues and expenses.
Perform standard, routine accounting functions such bank account reconciliations to ensure that all business transactions are identified and accurately recorded on a timely basis.
Provide routine receivables and payables aging which enables a business owner to better plan their specific short-term sources and uses of cash and also determine whether their receivables collection and payable remittance procedures are adequate. Accurately provide any required regulatory or government accounting related reports on a timely basis to ensure on-going compliance. For example, State Sales and Use Tax reports. Provide Controller services including managing and developing in-house accounting staff as well as developing, implementing and enforcing accounting policies and procedures that promote accuracy, timeliness and asset protection while also decreasing fraud risk.
Payroll Services
Identify the specific payroll processing requirements by reviewing the current payroll procedures and discussing these procedures with the client. This includes assessing their current payroll procedures in light of government reporting requirements and any specialized labor cost reporting requirements the client may have. Provide unbiased advice as to how to fulfill all of these requirements in an accurate and timely manner. This advice can include either completely outsourcing the payroll processing or outsourcing some processes while retaining others in-house. Provide expert set-up of employee names and related reference data such as addresses, job classifications, pay rates, withholding allowances, etc. into an automated payroll system. Prepare and deliver paychecks. Record the paychecks and related tax withholdings into the accounting records. Prepare and file the necessary quarterly and year-end related government reports and assist in effecting the required withholding and payroll tax impounds. Analyze payroll costs in order to identify any opportunities for either reducing these costs or maximizing the effectiveness of payroll dollars spent. Provide dedicated, on-going personalized service.

Financial Consulting:

Preparing financial statements for clients is important and ncecessary. However, the real value is when a CPA partners with their client and takes the financial statements a step further to develop financial and non-financial strategies. Through multiple resources we will help our clients increase their business with higher standards of excellence for their customers, clients and patients.

The service includes:

Financial Statement Analysis

Ratio & Insustry Benchmarking

360 Financial Assessments

Quick Books Service:

Quick books setup

Quick books training

Quick books bookeeping

Quick books payroll

40 Lake Bellevue
Suite 100
Bellevue, WA 98005
ph: 425-7738187
william@laurenwilliamcpas.com

Lauren William and Co., P.S.

Services

Tax Preparation and Consulting

Accounting Services

Payroll Services