200 NW Divion St., Gresham, OR 97030
Mt. Hood Tax & Accounting Professionals provides a wide range of services to individuals and businesses in a variety of industries. At Mt. Hood Tax & Accounting Professionals, 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:
- Tax Planning and Preparation
- Estate and Trust Planning and Tax Preparation
- QuickBooks Accounting Help and Assistance
- Payroll Services
- Financial Projections and Forecasts
- Mergers, Acquisitions, and Sales
Tax Planning and Preparation
At Mt. Hood Tax & Accounting Professionals, 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. 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. We constantly update our knowledge of the tax law to better assist you in organizing and making sense of all of your tax documents, receipts and notices.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Mt. Hood Tax & Accounting Professionals will guide you toward these goals with a robust set of accounting services that are both accurate and timely.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation
- Litigation support
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Mt. Hood Tax & Accounting Professionals 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 disburse one's estate so as to avoid complications and to be sure wishes are followed. A through and careful estate plan will ensure that your loved ones don't have any complications to deal with during a time of loss.
The key to success in any audit is a timely response and qualified, expert representation. Our tax professionals have many years of experience in dealing with Federal, State and Local taxing authorities. We can represent you in the audit process, assist you with organization of your tax records, negotiate on your behalf and guide you through your options. Whether you have past tax returns to file, need to amend previously filed returns, have received a tax notice of audit or are in the collection process and subject to tax liens or levies, we can help. Do you owe back taxes? We can help you set up installment arrangements to pay the debt or see if you qualify for the Offer in Compromise or Fresh Start programs. And if you do qualify we can guide you through the process. There are few things as stressful as receiving a notice from the IRS but knowing you have an experienced professional on your team can help you with both peace of mind and in achieving the best outcome possible.
In any business the frontline of defense against waste, inefficiency and negative cash flow is accurate record keeping. Bookkeeping is more than just entering in invoices and paying bills: it is accurately processing financial information and making it readily available, in easy to understand form, to assist the business owner in understanding not only the current health of his or her business but also where it is heading. Accurate financial statements and reports are crucial in understanding how a business is operating, where improvements need to be made, what products or services are the most profitable, where resources are being expended and what direction the business is heading. Our accounting professionals are ready to provide you with up to date solutions for your bookkeeping needs.
Entity Selection and Restructuring
What entity you choose for your business has a huge impact on your business. Mt Hood Tax & Accounting Professionals can guide you through your options, from Sole Proprietor to C Corporation. Whether it is the initial set up for a new business or the possible restructuring of an existing business we can walk you through the advantages and disadvantages of each entity.
QuickBooks Accounting Help and Assistance
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.
Mt. Hood Tax & Accounting Professionals offers the following solutions to help meet your QuickBooks needs:
We train you personally! Either one-on-one or several individuals within your organization at your company's location.
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.
With the rapid changes in technology companies are finding an increasing need to update their computer systems. Mt Hood Tax & Accounting Professionals can audit your system competencies and determine your upgrade needs. We can assist with both the choosing and implementing of new hardware and network systems. As experts in the field we can offer affordable solutions to all of your computer performance and trouble-shooting issues.
Mt. Hood Tax & Accounting Professionals 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.
Cash Flow and Budgeting Analysis
Cash is the life blood of any business and good cash management can improve a company's liquidity, cost containment and profitability. Mt Hood Tax & Accounting Professionals can assist you with creating and maintaining the optimal level of cash flow for our business with a budget that tracks the inflow and outflow of resources. Cash flow can be the difference between surviving and thriving to a business enterprise. We can help you with expert analysis of your spending, your budget and your business debt to assure the optimal cash flow for success. By balancing, monitoring and, if need be, rebalancing your budget that path to success can be maintained for the long term.
Financial Projections and Forecasts
No one can predict the future perfectly, but we can all benefit from planning for it. Mt. Hood Tax & Accounting Professionals 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.
The range of needs for valuing businesses continues to widen, and Mt. Hood Tax & Accounting Professionals can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are so many factors that contribute to the perceived value of a business. Our experts can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.
Mergers, Acquisitions, and Sales
Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Mt. Hood Tax & Accounting Professionals can provide professional know-how to help you successfully structure and negotiate the deal. Mt. Hood Tax & Accounting Professionals employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.
Debt and Finance Advising
Whether your needs are corporate or personal, Mt. Hood Tax & Accounting 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.