The following is a list of services provided by this firm. However, this list is not all-inclusive, and you should not hesitate to call regarding any other business, tax or accounting related matters. We maintain relationships with other professionals practicing in a variety of specialties. If we are unable to assist, you can be assured we will refer you to the right individual or firm.
We are experienced in all facets of tax preparation, including filing individual, small business, partnership, LLC, corporate, and estate returns. We will ensure that you consider all of your legal deductions so you "pay the least amount of tax legally possible". Our comprehensive interview techniques, extensive worksheet system and computerized return preparation process assure that your return is complete, correct, and presented to you in a timely manner. Our expertise, experience, analysis and thorough research allow us to take full advantage of existing as well as recently changed tax laws.
We can help structure your transactions to minimize the legitimate amount of tax you pay. Through careful evaluation, we will assist you in planning your tax obligations for the entire year, so there won't be any surprises at tax time. We'll also be on hand to explain the tax structure so you'll know where your money is going. We are well equipped to ensure that you gain the full benefit of your deductions through our intensive continuing education and training.
This office has extensive experience in preparing returns for all states in the U.S. and the preparation of multiple state returns in conjunction with taxpayers relocating or working outside their state of residence during the year. Properly prepared state returns can avoid serious repercussions at a later date.
Are you having problem with the IRS or the state? If you owe past due money, if you receive puzzling correspondence from the IRS, or if your return has been selected for an audit, we are fully qualified to assist you.
Our office specializes in the special tax challenges associated with relocations from state to state. In addition to being experienced in preparing returns for all states, we specialize in home sales, moving, pension rollovers, part year and non-resident income allocations for the various states.
We offer electronic filing of Federal and State Tax Returns. Returns are converted into acceptable electronic format and transmitted via secure internet connection to the taxing authorities. Some of the benefits of electronic filing are mathematical calculations are checked, e-filing is secure, receipt of your tax return is acknowledged and any refund can be deposited directly into your bank account.
In an effort to assure that there are no unwanted surprises at year end, we take time to review the withholding of each of our clients during their tax preparation interview, in the event of any changes in marital or employment status, or whenever asked to do so by our clients.
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Novak CPA & Financial Services can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Novak CPA & Financial Services' 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, tax planning, and employee benefit and profit-sharing plans.
At Novak CPA & Financial Services, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Novak CPA & Financial Services can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
No one can predict the future perfectly, but we can all benefit from planning for it. Novak CPA & Financial Services 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.
Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Novak CPA & Financial Services can provide professional know-how to help you successfully structure and negotiate the deal. Novak CPA & Financial Services employs careful analysis and due diligence to determine 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.
Whether your needs are corporate or personal, Novak CPA & Financial Services' 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.