Smolin & Co CPA, an accounting firm based in Roseville, CA, is proud to announce that they have been offering accounting services in California for the last 8 years. The team includes Yana Smolin, an experienced CPA, who leverages her experience and knowledge in both tax and audit to provide professional and personal financial services to clients. For small businesses, they offer various accounting services, such as compliance, management, and advisory.
Yana Smolin has years of experience as a certified public accountant (CPA), working with a broad range of clients, from individuals to small businesses to public SEC filers. She is knowledgeable in both taxation and auditing, and she has been using her expertise to assist her clients in developing the best financial and tax plan for their specific situation.
With their accounting compliance services, clients get a number of benefits. These include peace of mind in the knowledge that the business or individual is fully compliant with all regulations; assistance in the preparation of compliant financial statements; comprehension of future tax cash flows; ability to legally minimize annual tax payments; advice on the specific entity and applicable tax structures; thorough understanding of annual reports with suppliers, financiers, and customers; advice on indirect taxes like land tax and payroll; and advice on future audits and investigations. This service is focused on personal, business, and corporate taxes; legally required corporate documentation; and local sales tax or VAT.
Of particular importance for a business or individual is full tax compliance. The accounting firm will take a look at the financial records and statements to check for precision and compliance with appropriate income tax law. They can also help with the preparation of the tax return of the business or individual to ensure their adequate preparation of any future inquiry or audit.
Smolin & Co CPA can also provide accounting management services, with regards to bookkeeping, payroll, and planning. They want to emphasize that proper bookkeeping is essential because bad bookkeeping is actually worse than not doing any bookkeeping at all. Bookkeeping has two important functions and these are to provide useful data in a timely manner and to help the business or individual comply with certain regulations. While the bookkeeper will not be filing tax returns, the bookkeeping has to be done accurately to make sure that all business expenses are indicated. Having books that are accurate and up-to-date is vital to easily prove to tax authorities any claims made with regards to income taxes.
The accounting firm can also help with payroll accounting, which is a necessary task for any business with employees. Payroll accounting ensures that all payroll transactions are accurately recorded in the books. Important elements of payroll include employee compensation, employer taxes, payroll taxes, employer portion of the fringe benefits, employee deductions for benefits, and other deductions. Proper payroll accounting helps the company monitor payroll costs and employee compensation.
Another important accounting management service they can provide is planning. This has to do with managerial accounting and is vital in management decision-making. A business needs to plan for success. The accounting component of planning is to provide accurate figures about the financial status of the company and the various revenues and expenses. This allows the managers to plan better by having more precise knowledge about the actual financial condition of the business.
Smolin & Co CPA can also provide advisory services for businesses. This has to do with reporting and capital fundraising. With regards to reporting, the accounting firm can help the directors make informed decisions by allowing them to better understand the financial figures. With regards to capital fundraising, they can offer advice on how the company can obtain equity as a way to grow the company.
Those who are interested in accounting and bookkeeping services in California can check out the Smolin & Co CPA website or contact them on the telephone. They are open from Monday to Friday, from 9:00 am to 5:00 pm.
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For more information about Smolin & Co CPA, contact the company here:
Smolin & Co CPA
Contact number: 916-289-4705
1220 Melody Lane, Ste 108, Roseville CA 95678
