Verta Consulting and Accounting, Inc. provides a wide range of services to individuals and businesses in a variety of industries. We strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Our professional services include:
At Verta Consulting and Accounting, Inc., 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. Planning, detailed records, and accurate and timely tax returns are critical to avoid tax audits. 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.
Our firm will assist you in benefiting from any advantage the tax code offers your business. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices. We will prepare and e-file Individual, Corporate, Partnership, Limited Liability Company or Non-Profit organization tax returns. Your tax return will be checked and rechecked to exclude any potential problems and maximize your refund.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Verta Consulting and Accounting, Inc.'s accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
We partner with our clients and relieve them of all the financial and administrative tasks related to managing business finances, such as:
- Accounting system setup and support
- Forensic, compliance, and financial audits
- Chart of accounts management
- Bookkeeping (monthly, quarterly, or annual)
- Bank and credit card accounts reconciliation
- General ledger and financial statement preparation
- Accounts Payable and Receivable processing
- Financial reports design and analysis
- Cash flow budgeting and forecasting
- Inventory accounting management
- Litigation support
Verta Consulting and Accounting, Inc.'s financial statement services comprise all three levels of assurance depending on your company's needs.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.Request information about Audits-Reviews-and-Compilation below
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Verta Consulting and Accounting, Inc.'s role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well-thought-out plan as to how to distribute the assets left in one's estate so as to avoid complications and to be sure that the individual’s wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.Request information about Estate-and-Trust-Planning-and-Tax-Preparation below
Verta Consulting and Accounting, Inc.'s goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Verta Consulting and Accounting, Inc. can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.Request information about Financial-and-Retirement-Planning below
Verta Consulting and Accounting, Inc. litigation support and forensic accounting services can be employed in a wide range of situations, including commercial litigation, financial investigations, business valuations, business and marital dissolutions, and bankruptcies. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. Financial and personal records are often vast and confusing to sort through. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.Request information about Litigation-Support-and-Forensic-Accounting below
QuickBooks can 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.
Verta Consulting and Accounting, Inc. offers the following solutions to help meet your QuickBooks needs:
We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.
We assist new QuickBooks users with initial setup including: EasyStep Interview, 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.
Our QuickBooks 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.
Our QuickBooks review service helps 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.Request information about QuickBooks-Accounting-Help-and-Assistance below
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Verta Consulting and Accounting, Inc. can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
We partner with you, our client, and relieve you of all the financial administrative tasks related to managing business financials, such as:
- Chart of Accounts.
- Accounts Payable and Receivable
- Bank and credit card accounts reconciliation
- Inventory accounting
- Financial period closings adjustments (monthly, quarterly, annual)
- Design and analysis of reports.
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Verta Consulting and Accounting, Inc. will advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be working with the most advantageous entity type for the functions your business performs.
From business name selection to issuance of shares of corporate stock or creation of an operating agreement for a limited liability company we guide you through decision making in light of legal and practical considerations.
Many factors come into play as decision criteria for choosing an organizational structure. Your choice affects two crucial areas: Legal Liability and Tax Considerations. We will discuss your near- and long-term goals and advise you on which business structure provides the best protection from business liabilities and offers the greatest tax advantages.
Our business registration process is comprehensive. It includes:
- Registration of a legal business entity as required by the Federal and State laws
- Registration for the entity taxation
- Registration for payroll and labor matters
- Registration for Sales and Use tax deposits
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. Who's not afraid of the IRS? What would you do if the IRS picked your tax return for an audit? First and foremost: do not panic, prepare thoroughly. We know and understand the audit process and what examiners are looking for. We use our expertise to build your defense and to tip the scales in your favor.
If you have been chosen for an audit, the professional representation you can find with our firm will 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. We will:
- Review the tax return with you and explain what is being audited
- Properly organize all the documentation requested by the auditor
- Represent you at the audit, so you can continue taking care of your business
- Provide accurate communications between you and the auditor
- Advise you on the appeals procedures
- Negotiate the best settlement on your behalf
Verta Consulting and Accounting, Inc.'s payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns. We handle it all:
- Weekly, bi-weekly, bi-monthly, or monthly payroll processing
- Direct deposits and/or printed check mailed to directly to your office or employees address
- Electronic Payroll Tax Deposit and Filing
- Creation of regular Reports and Pay Statements
- Electronic filing of W2s for employees and 1099-Misc for contractors
- Requests for all payroll changes
- Wage Garnishment Processing
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Verta Consulting and Accounting, Inc. 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, re-balance 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. With our help and guidance, you will always be on top of your finances and ready for the future.Request information about Cash-Flow-and-Budgeting-Analysis below
No one can predict the future perfectly, but we can all benefit from planning for it. Verta Consulting and Accounting, Inc. 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.Request information about Financial-Projections-and-Forecasts below
Whether your needs are corporate or personal, Verta Consulting and Accounting, Inc.'s 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.Request information about Debt-and-Finance-Advising below
Many taxpayers are surprised to learn that the US government taxes worldwide income of US citizens and residents. Under FATCA, the US government also requires foreign banks to disclose identity of U.S. citizens and residents who have foreign bank accounts. According to Foreign Bank Account Report (FBAR) US citizens and residents must report ownership or custody of foreign bank accounts of total value of $10,000 and above.
We work with the clients to bring them in compliance with FBAR regulations. We thoroughly review every situation to determine the most effective options to bring your foreign financial accounts and tax reporting in full compliance with U.S. tax laws and FBAR regulations.
Our experience with the taxation of United States companies doing business abroad and residents working abroad as well as foreign corporations doing business in the United States or foreign citizens working in the United States has provided us with an extensive base of knowledge in the area of international taxation.Request information about International-Taxation below
As our clients discovered, small businesses often do not have resources for an in-house CFO; it is much more efficient sometimes to hire an experienced CPA firm to timely address all financial needs of the company. We will prepare financial statements that are a direct reflection of your company's health and the ability of your accounting system to support your business. We will create financial reports and assist you in realizing cash flow analysis and ensure audit readiness. By utilizing our services, you will be more focused on your customers, services and core business. We will assist you in better understanding of the financial side of your business, thus achieving more control over the cash flow, financial liabilities and overall financial health of your business.Request information about Outsourced-CFO-and-Controller-Services below