As Certified Public Accountants in Richland, our clients rely on us for tax preparation, bookkeeping, reporting and payroll support, but we also provide a variety of valuable consulting services, including:
Should you organize your business as a sole proprietorship? An LLC? An S-corporation? A C-corporation? What are the filing and reporting requirements for each form? How does the issue of liability factor into each form? These are all basic questions that new business owners and entrepreneurs must ask when they start a business. Each type of entity offers advantages and disadvantages, but entrepreneurs don’t often understand the implications of each entity type. Further, some business owners who have previously formed a business of one type may wonder about the advantages of re-organizing as another type of entity. The CPA’s at PorterKinney can help you understand the advantages and disadvantages of each type of business entity.
Business plans are more than academic exercises. Often, lenders or investors want to see evidence of a well thought out, strategic approach to the operation of a business before they’ll consider lending or investment activities. While a business plan may help these third-parties evaluate an operation, the real value in a business plan is reserved for the owner. Taking the time to think about a business, and create a strategic short-term or long-term plan for growth brings needed focus to business operations. The business consulting experts at PorterKinney will help you think strategically about the immediate, near-term and long-term needs of your business, and plan for strategic growth.
Numbers don’t lie. Knowing the financial status of your business can help you make solid decisions about expansion, growth and opportunity. They can also help you understand and mitigate risk. Financial analysis can also help you evaluate current business practices to determine whether they are helping or hindering your ability to reach your business goals. The financial experts at PorterKinney can help you analyze your business finances and understand how you can use the information to improve your business.
Payroll is simultaneously one of the most necessary and least rewarding parts of running a business. Many businesses operate without the right tools and information regarding payroll practices, which increases the amount of time it takes to run the payroll, and increases administrative costs for your business. PorterKinney CPAs offer a number of proven payroll solutions that can help reduce the time it takes to complete timekeeping and payroll tasks. Stuck with an outdated payroll system? Give the experts at PorterKinney a call to schedule a consultation (509-713-7300).
Many of our clients choose to meet with us at least annually to discuss various tax strategies and tax planning opportunities. PorterKinney tax professionals can work with you to develop short and long-term tax strategies that allow you to take full advantage of available deductions and credits. Our staff can also provide advice and counsel regarding business decisions that can impact taxation. We offer these consulting services year-round to help you take advantages of opportunities as they arise. Our strategies can help reduce the taxes your business pays by ensuring that you maximize deductions and minimize your tax liabilities.
If you’d like more information about PorterKinney’s business consulting services, or you’d like to make an appointment to discuss your business needs, please give us a call at 509-713-7300. You can also email us at firstname.lastname@example.org, or fill out our contact form and we’ll arrange a consultation for your Tri-Cities, WA business.