Services

One (1) Time Financial Plan

Financial Plan PLUS an ongoing Wealth Management Relationship

An ongoing wealth management relationship begins with the preparation of a comprehensive financial plan, but also includes ACap implementing your financial plan and managing your investments in accordance with your overall plan.

Business Accounting Services

ACap Accounting Services, Inc., provides full-service payroll, bookkeeping, and business tax preparation and advising. We handle the day-to-day management of bills and record-keeping, and help reconcile your bank and credit card statements, monitor your income and expenses, create budgets, and prepare customized reports.

Bookkeeping

We will set up, manage, and maintain your Quickbooks Online file, record all income and expenses for the month, and track all other adjusting entries. We will also reconcile your bank and credit card statements each month, identify any errors needing adjustment, and correct the errors as needed. We will inform you of any adjustments we have made.

Payroll Services

Each payroll period, we will review the payroll data/employee hours that you provide to us and submit it for processing, as well as track all relevant data necessary for the preparation and processing of complete and accurate payroll.

We will use the information you supply to prepare the payroll for your employees, and submit federal and state tax payments on behalf of your company and your employees using the Electronic Federal Taxpayer Payment System.

On a quarterly basis, we will prepare and file the necessary federal and state unemployment tax deposits and payroll tax returns.

On an annual basis, we will prepare all federal and state withholding and unemployment tax returns, as well as any employee W-2s and/or W-3 transmittals. We will issue 1099s in accordance with the selected service package.

Business Planning

Business owners have a lot of choices to make throughout the year with regards to their business and how it affects their personal tax picture. ACap will help you explore those options and understand all of the factors involved in running your business as optimally as possible. Planning meetings are offered in accordance with your selected tax package, but ad hoc planning sessions can be scheduled as needed.

Tax Return Preparation & Projections

Preparation and filing of tax returns is the culmination of all of the planning that has taken place throughout the year. We will electronically file your federal and state(s) tax returns for you to ensure timely and accurate submissions to the proper taxing authorities.

Prior to year end, we will project out your annual income and expenses to help determine how your overall tax picture will shape up for the year. We will incorporate any new tax law changes that have come into effect during the year to show you what to expect. Once that tax projection has been completed, we will help you determine what changes should be made (if any) to optimize your tax situation prior to year end.

Tax Strategies

Whether we are recommending that you maximize your 401k account, or employing complex tax-loss harvesting techniques, we ensure your entire portfolio, including non-tradable assets, is tax efficient.

Entity Formation

Determining how to structure your business and deciding whether or not forming a separate entity is required and/or beneficial can be complicated.  Additionally, different business structures create different taxation and more complex tax scenarios. We will help you explore the advantages and disadvantages of different entity structures and decide which entity structure is right for you.

Financial Statement Preparation 

Regular review of your financial statements and the key performance indicators of your business is an essential task for any business owner.  We will prepare regular and/or customized reports to help you assess and improve the health of your business and bring your business to the next level.