| F. J. Doney * Income Taxes * Real Estate *SOHO* |
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Firm Profile |
| Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
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| Internet Commerce | ||
| Online sales are
predicted to reach $ 12 billion by 2008. If your business is not on
the Web, it needs to be. We can help you determine if your company
would benefit from setting up a "virtual storefront" on the Internet
and assist in implementing adequate systems and controls.
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| Employee Benefit Plans | ||
| The accounting and tax
issues involved with employer-provided benefit plans can be
overwhelming. We can assist with the development, implementation and
administration of your employee benefit plan.
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| Other Services | ||
| Due to our diverse client
base, we encounter a wide array of financial and tax issues. As a
result, we have gained valuable experience over the years in numerous
specialized areas, many of which are listed below. We feel our ability
to provide such a variety of services reflects our versatility and
competency, as well as our dedication to quality client service.
*Mergers & acquisitions *Asset protection *Investment review *Bankruptcies *Litigation support *Cash flow forecasting *Employee benefit plans *Expert witness services *Internet commerce |
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| Accounting Services | ||
| Providing financial
information to our clients in a timely and accurate manner is a
commitment that we feel can not be compromised. Meaningful,
well-organized financial records ensure that your business operations
will run more efficiently on a daily basis. Our firm provides a full
range of cost effective accounting services including the following:
*General ledger & financial statement preparation *Bookkeeping (Monthly/Quarterly/Annual) *Accounting system setup for new businesses *Computerized payroll services *Business tax return preparation (Sales & Use/Business Property) *Personal financial statements *Litigation support |
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| Bookkeeping/Write-Up | ||
| Meaningful,
well-organized financial records ensure that your business operations
will run more efficiently on a daily basis and are the foundation of a
successful business. Our qualified staff can assist you with the
day-to-day tasks associated with bookkeeping.
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| Tax Services | ||
| We prefer to take a
proactive vs. reactive approach to tax services. By keeping current on
new tax laws and legislation, we are in a position to identify key tax
planning opportunities that minimize both your current and future tax
liabilities. We provide our individual and business clients with the
taxation expertise and knowledge that they deserve throughout the
year. Tax services offered include but are not limited to:
*Tax planning & return preparation - Individuals - Corporations - Partnerships - LLCs/LLPs - Estates, trusts & gift - Not-for-profit organizations *Taxing authority representation *Divorce and support issues *Tax effects of buying/selling a business |
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| Tax Planning & Preparation | ||
| Tax planning and
preparation form a winning combination for our successful individual
and business clients. Whether you are an individual or a multi-tiered
partnership, our experienced staff can develop tax strategies that
take advantage of new tax laws and legislation.
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| Tax Planning | ||
| Tax planning is an
essential element of the tax preparation process. By making tax
planning part of your overall business strategy, you can use our
experience and access to the most current new developments in the tax
laws to minimize both your current and future tax liabilities.
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| Tax Preparation | ||
| Our significant
investment in computerized tax preparation and research software
enables us to accurately and efficiently prepare returns for various
types of entities including individuals, corporations, partnerships,
trusts, estates, and not-for-profit organizations.
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| Payroll Services | ||
| As a business grows, it
must hire more employees, which can result in increased payroll
administration. We can assist you in implementing the controls
necessary to ensure a reliable, efficient, and effective payroll
system. Our firm can also help you develop a payroll system and
prepare all necessary payroll tax returns in a timely manner.
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| Sales Tax Services | ||
| Many of our clients are
responsible for collecting and submitting sales taxes in many
different vicinities. We can assist your company in the compilation of
information and preparation of sales tax returns in an efficient and
timely manner.
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| Consulting Services | ||
| We gauge our worth by the
personal and business successes of our clients. We can help your
business identify areas negatively affecting profitability and growth
and develop solutions that are practical and technically sound. In
addition to acting as a sounding board for management, we provide
comprehensive, flexible strategies that address the issues affecting
your business. The following is just a few of the areas in which we
provide consulting services:
*Accounting software selection and implementation *Type of entity selection *Business valuations *Buying/selling a business *Computer systems *Financial & retirement decisions *Estate, trust & gift planning |
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| Accounting Software Selection & Implementation | ||
| With the number of
computerized accounting software packages available for small
businesses and individuals growing every day, selecting one that is
right for you has become increasingly difficult. As accounting
professionals, we are exposed to most programs through trade journals
and actual use. Our experienced staff can help you choose and
implement the system that best fits your needs.
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| Business Succession Planning | ||
| Effective coordination of
the transition of your business to your successors is critical to
ensure its continued success once you decide to remove yourself from
the company's day to day operations. With a solid background in tax
and other financial matters, we are fully qualified to address the
complex issues of business continuation and can assist you in
developing a strategically sound plan.
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| Business Valuations | ||
| Whether you are thinking
of buying a new business or in the midst of a difficult divorce, the
amount attached to the value of your business is important. We can
provide useful and objective analysis to assist you in the valuation
of any business in which you have an interest.
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| Buying & Selling a Business | ||
| Structuring the purchase
or sale of a business properly is a critical step in the process of
buying or selling a business. Our competent staff has experience to
guide you through the acquisition/disposition process by addressing
such issues as cash flow analysis and tax considerations.
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| Computer Consulting | ||
| Whether you are
contemplating the addition of new computer hardware or overhauling
your network, our experienced staff can assist you with many of the
difficult decisions that must be made when designing your business'
computer systems.
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| Fraud Prevention & Detection | ||
| We use accounting and
auditing skills to provide an analysis of financial records in
conjunction with fraud and theft investigation. Our damage measurement
methods can determine the extent of financial loss and illegal
accounting practices.
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| Business Consulting | ||
| We gauge our worth by the
personal and business successes of our clients. We can help your
business identify areas negatively affecting profitability and growth
and develop solutions that are practical and technically sound. In
addition to acting as a sounding board for management, we provide
comprehensive, flexible strategies that address the issues affecting
your business.
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| Pension & Profit Sharing Plans | ||
| Qualified retirement
plans (e.g. defined-contribution or defined benefit plans, Keoghs,
SEPs…) can provide significant tax advantages for closely held
businesses and self-employed individuals. Our qualified staff can
assist you in evaluating the type of pension plan that will best serve
the retirement needs of you and your employees.
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| Investment Review | ||
| As you develop your
investment strategy, we will act as your sounding board. We can help
you and your investment advisor build an investment portfolio that
takes into consideration the impact of taxes and produces a favorable
after-tax return.
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| Debt & Financing Services | ||
| Debt management and the
evaluation of financing options are issues that an experienced
professional deals with every day. Let us use our experience to assist
you in securing financing for your personal or business needs or
consolidating your current debt to a more manageable level.
Business Entity Selection |
Choosing the form of
entity of your business (e.g. "S" corporation, sole proprietor,
limited liability company…) is a crucial decision that can have
longstanding tax implications, positive or negative. We can assist you
in evaluating the pros and cons of each entity type to help you
determine the most advantageous form of business for your company. |
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F. J. Doney
7151 Bolivar Road
Chittenango NY 13037-9428
Phone: 315-687-6778 Fax: 315-687-7505 E-mail fjdoney@fjdoney.com
© 2002 F. J. Doney All Rights
Reserved world-wide.