Services

Tax preparation & planning

Tax preparation is the core of our practice. We prepare individual, business, and Mississippi returns, and we'd rather talk planning in the fall than surprises in April. We look for the deductions and credits you qualify for, help you plan for law changes, and can make sense of your receipts, bills, and IRS or Mississippi DOR notices.

Bookkeeping / write-up

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. We can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.

Payroll services & payroll compliance

We can run your payroll and handle the filings that come with it, so you aren't tracking deadlines on your own:

• Payroll processing and pay stubs
• Federal tax deposits and quarterly Form 941; annual Form 940
• Mississippi withholding returns
• Year-end Forms W-2/W-3 and 1099s, filed with the IRS/SSA and the Mississippi DOR
• New-hire paperwork help (federal Form W-4 and Mississippi Form 89-350)
• Mississippi unemployment (MDES) reports

Sales tax compliance

Mississippi sales and use tax returns come due monthly, quarterly, or annually depending on your volume, and the Department of Revenue expects a return every period, even when no tax is owed. We can:

• Help you register for a Mississippi sales tax permit
• Prepare and file your returns through the DOR's TAP system on your filing schedule
• Reconcile reported sales to your books
• Help respond to DOR notices

Financial statements: reviews, compilations, and preparations

Lenders, owners, and others rely on financial statements in different ways, so we match the engagement to what the users of your statements actually need. We do not perform audits. Our peer review is current.

Reviews

A review is the only one of our financial statement services that provides assurance, and that assurance is limited. We perform inquiries and analytical procedures to obtain limited assurance that no material modifications should be made to the financial statements for them to conform with the applicable financial reporting framework. A review is substantially less in scope than an audit and does not result in an audit opinion.

Compilations

We present financial statements based on information provided by management, and we issue a compilation report. A compilation provides no assurance. It may involve some adjustment to your accounting records.

Preparations

We prepare financial statements from your books and records, formatted for your lender, owners, or other users. A preparation provides no assurance. With our preparation engagements, we issue a letter stating that the financial statements were not subject to an audit, review, or compilation engagement.

Accounting services

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Our 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, and tax planning.

These services include:

• General ledger and financial statement preparation
• Bookkeeping (monthly, quarterly, or annual)
• Accounting system setup and support
• Payroll processing
• Cash flow budgeting
• Personal financial statements
• Corporate tax planning and return preparation

IRS & state representation

If you get a notice or are selected for an examination, you don't have to handle it alone. With your authorization, our CPAs can communicate with the IRS and the Mississippi Department of Revenue for you, help gather what's being requested, and explain your options.

Estate and trust tax preparation & planning

We prepare estate and trust tax returns and help with the tax side of planning how assets pass to the next generation. We coordinate with your attorney on the legal documents; we do not draft wills, trusts, or other legal documents ourselves. Careful planning now can make things much simpler for your family during a hard time.

Retirement & tax planning

We help you think through the tax side of retirement: how much to put away and in which kind of account, what withdrawals and required distributions will mean for your return, and how college savings and retirement plans fit together.

Try our retirement savings calculator

Financial projections and forecasts

No one can predict the future perfectly, but we can all benefit from planning for it. We combine expertise and experience with an understanding of your business to produce financial projections that can help you manage your business plan and spending. Depending on your needs, our work can range from top-level reports to detailed financial models.

Projections are for planning and are not a guarantee of future results.

General business questions

Between tax seasons, clients call us about entity choice, accounting software, financing questions, and planning for the next generation of the business. We're glad to help with the accounting and tax side of those decisions.

• Entity selection
• Accounting software selection and support
• Debt and financing questions
• Business succession (tax side)