Shaker Enterprises APC. is a full service public accounting firm of professionals dedicated to providing personalized, high quality, and timely service to
Our office offers a wide range of services to our individual and business clients. Our clients benefit by getting personalized, quality service that is beyond comparison.
Financial Accounting
getting to the bottom of your financial condition without the help of a professional means walking a fine line. Are you spending too much time on accounting? If your answer is “YES”, then we can help you save time and money. Proper financial management can be the most important factor in the success of your business. Yet many business owners don’t have the expertise to take it on themselves. Following are a sample list of services we provide to help you save on your bottom line and save your valuable time.
Compile Data & Prepare Financial Statements
·General Ledger
·Bank Reconciliation
·Income Statement
·Balance Sheet
v Analyze Operating Results
v Prepare Financial Computations
v Payroll
v Sales and Use Tax
Compile Financial Data and Prepare Financial Statements
Is your balance sheet never in balance? How does your bottom line look? At Shaker Enterprises, APC, we can help you get a handle on your numbers and your business. Good records are the backbone of a great business. To achieve this, we can free you from a desk full of adding machine tape and worn-down erasers by handling the planning and recordkeeping tasks for all kinds of business activities. In turn we will save you time and money on your bottom line.
Analyze Operating Results
Out ultimate goal is to help you increase your bottom-line profit. Our firm specializes in the practical aspects of business planning and forecasting to make your business as profitable as possible. Our strategy emphasizes overall evaluation of your business’ current position and financial situation. We aim to assist you by exploring all feasible options that will help your business run smoothly
Prepare Financial Computations and Review Contracts
To maximize your profits and reduce business costs, our overall evaluation strategy includes preparing financial computations and reviewing contracts, including amortization schedules, break-even analyses, cash-flow projections and cash management plans, and other financial models. We believe a proactive approach to business management will maximize your bottom line and, therefore, we offer our expertise to ensure reactivity is implemented
Payroll The IRS has reported that as many as one out of every three employers has transgressed a tax law in some form. Most providers will handle taxes at little or no cost (this is because the providers will take the tax money of employees at pay time and earn interest off of it until it is due to the government). Tax laws are very transient and intricate; so, it is wise to have experienced professionals operate funds.
Our basic services usually include calculating paychecks and tax dues for each employee, printing and delivering checks, and orchestrating management reports. Checks are laser printed on "blank" check stock to ensure maximum security and meet the micro encoding standards as set forth by the Federal Reserve System.
A business can decide to issue checks on a weekly, bi-weekly, monthly, semi-monthly or yearly basis. Additional services include automatic check signatures, direct deposit, handling W-2s, organizing 401k funds, and tracking employee benefits.
Payroll data will have to be exchanged with the provider each pay period. Information can be relayed by fax, phone, Internet, or transferred electronically.
The cost will depend on the depth of the services provided. Please feel free to contact us for a free consultation, so we can tailor a service to fit your needs and budget.
Taxation
Tax Planning & Compliance
Tax planning will save you money! All planning involves looking ahead to reach a specific goal. Tax planning is no different. Planning and executing a strategy to meet your financial objectives is our goal at Shaker Enterprises, APC. And, we aim to save you more money in taxes than our fees if our strategies are implemented. The following are a sample of services we provide to do just that – save you money.
§ Year-Round Tax Planning & Consulting
§ Federal, Multi-State, & Local Tax Return Preparation
§ Monitor & Communicate Pending Tax Legislation
§ Problem Resolution & Tax Authority Representation
Comprehensive Year-Round Tax Planning and Consulting
To save you money, timing is very important when it comes to tax planning. Fortunately, many tax strategies are available year-round for implementation that will save you money on April 15th. Our approach at Shaker Enterprises, APC is all-encompassing where we look at your financial objectives at the beginning of the year, monitor changes in your financial status, and apply strategies throughout the year to save you money in taxes.
Preparation of Federal, Multi-State, and Local Tax Returns
Not only is planning vitally important to save you money in taxes, but so is compliance. Noncompliance with the IRS or state and local governments can cause you to spend money unnecessarily on penalties and interest when filing your tax returns. At Shaker Enterprises, APC we have in-depth knowledge and experience with the filing requirements of Federal, multi-state and local tax returns.
Monitor and Communicate Pending Tax Legislation
With the ever-changing tax laws, we feel it especially important that pending tax law changes be monitored. When tax laws change, they don’t change at January 1st or December 31st; that would make things too easy. Tax laws can expire or take effect at any point during the year. Therefore, in conjunction with our year-round tax planning, to save you money and avoid an unexpected tax bill on April 15th, we monitor these changes and apply them to you as needed to ensure you are in full compliance with the tax code.
Problem Resolution and Tax Authority Representation
Many individuals and businesses in the Los Angeles County and Orange County area have come to us for help in dealing with the IRS, state, and other local taxing authorities. We involve ourselves in problem resolution and representation, including Collection and Appeals representation, to assist you in minimizing the stress, runaround, and costliness of noncompliance. Don’t be afraid of these taxing authorities; we can help save you money.
BUSINESS MANAGEMENT CONSULTING
By unlocking the barriers to change, you can find the right combination to business success. The inevitability of change is a direct result of today’s economic climate. Indeed, change is a reality of the business world and those who master it are able to find the right combination which will lead to their success. For those who don’t, they inadvertently lock themselves out of opportunity and increased profit. Have you found your ideal combination yet? Our goal is to find that winning combination which will open the doors of profitability and opportunity for you. Below are just a few of the services we offer to do this:
Business Incorporation & Formation Services
Start-Up Consulting & Strategic Business Planning
Cash Flow Analysis & Budget Development
Business Incorporation and Formation Services
The decisions you make in forming and incorporating
your business is vital to the tax savings you can experience. We provide these services (services such as incorporation and formation filings, Federal and state identification number procurement, advisement in choice of entity) because we want to save you money in your taxes and add to your bottom line profits.
Start-Up Consulting and Strategic Business Planning
Perpetual changes in technology, competition, government regulations, and tax laws are forcing business owners to take a closer look at management styles and possibilities for improving profitability. We will improve your profitability and assist in the growth and changes your business experiences.
Cash Flow Analysis and Budget Development
Looking for new ways to increase your cash flow? When the bottom-line profit from your business appears to be shrinking, it’s a given that you take stock of the situation. What do you do though, when overall income seems more than adequate, but there’s limited cash flow? Wondering where all the cash goes is enough to baffle most business owners. It’s a recurring dilemma faced by many in business today. Our aim at Shaker Enterprises, APC is to help implement solutions which will work efficiently and produce positive results – increasing your bottom-line profit
New Business
LAUNCHING START-UPS
Launching a new company is quite an endeavor. Questions about important issues
like incorporation, accounting systems, tax law compliance, and payroll, are enough to overwhelm just about anyone. That’s why Shaker Enterprises, APC has developed a fully customizable step-by-step start-up procedure designed to walk new business owners through the entire process—ensuring that you get your business off and running in the right direction.
STEP-BY-STEP PROCESS FOR LAUNCHING A NEW BUSINESS
Incorporation Services:
Incorporate your business in as little as 48 hours
Guidance on corporate stock composition
Educate you on entity structures available
New entity analysis and recommendation
Federal and state S-Election filing
Federal Employer Identification Number (FEIN) filing
Assistance with corporate minutes
Supply examples of by-laws and assist in writing
Provide property transfer advice and related worksheets
Provide stock transfer ledger and instruction on its use
Supply complete corporate records book
Business Plan Review:
Assistance with forecasts and budgets
Start-up cost vs. organization cost analysis
Cash flow review
Break-even analysis
Assistance with ratio computations
Operating Agreement Preparation:
Educate you on elements of operating agreement
Assistance with writing and execution of agreement
Supply samples for you to review
License and Insurance Needs Analysis:
Research industry license requirements
Obtain sales tax licenses and reseller’s permits
Business license filings
Guidance on business insurance needs
Worker’s Compensation assistance
Accounting Software Setup and Implementation:
Perform a technology needs assessment
Recommend the most appropriate, cost-effective accounting software
Implement chosen accounting software
Initial and on-going software training
QuickBooks, Peach Tree, MYOB, and Timberline expertise
Accounting and Payroll Services:
Monthly or quarterly services based on your needs
Financial statement preparation
Cash flow analysis
Lease vs. buy option analysis
Review contracts
Fixed asset management
Payroll processing and compliance services
Guidance on New Tax Laws:
We monitor pending tax legislation
Year-round tax planning to maximize new law benefits to you
We educate you on all applicable tax strategies
Tax Planning and Preparation:
Year-round tax planning to achieve most favorable tax results
Federal and multi-state tax preparation
Tax consulting during life changes (i.e., new baby, sold home)
Taxing authority representation.
ASSISTING GROWING COMPANIES
Growing businesses often experience growing pains—its virtually inevitable. More customers may mean more revenue, but it also means having less time to focus on your accounting, taxes, and other important issues that affect your bottom line.
Regardless of your situation, Shaker Enterprises, APC is here to help. From dedicated monthly bookkeeping and payroll, to quarterly oversight and year-end review—we can develop a financial services package to meet your needs (and budget).
INFORMATION TECHNOLOGY CONSULTING
Because of the many things you must do to run, maintain and grow your business, you may often find yourself pressed with a lack of time to keep your books and other financial records current. You may find that the expansion of your business is causing you to outgrow the technology you use. Or you may find that the accounting systems in place are more than sufficient for your needs as a start-up or growing company, however, the staff you have is not fully qualified to use the software. In addition to this, you may find that you can enter checks and deposits just fine, but beyond that, you have no ambition or interest to learn all you should know about your accounting program.
At Shaker Enterprises, APC, we can greatly ease many of the technological stresses associated with the start-up and growing businesses. By training you and/or your employees, we enhance the effectiveness of the software you’ve put in place, and in turn, decrease your related expenses. We do this by reducing overtime pay for inefficient employees by giving them the correct tools and means to use your software at its full capacity. Here are some of the businesses IT services we provide:
Technology Needs Assessment
Business Flow Analysis and Assessment
IT Strategy Development
Assist in the Design and Implementation of New Accounting Systems
Full Client Employee Training
The need for costly training seminars that load you with information and send you home with a manual and no follow-up are eliminated as well by offering continuing on-going technological support and training. We believe in building relationships with those we work with because this enables us to understand each employees differing train of thoughts. In turn, we fine tune our resources to produce more efficient employees.
