Christopher J. Trombetta, CPA, PA
Bookkeeping: Our staff will take your business transactions, organize them into an accounting system, and then provide accounting reports summarizing your operation. These are sometimes called write-up services. Generally done monthly but can be done quarterly or annually and we utilize QuickBooks accounting software.
Accounting Overview: For clients with their own accounting systems we read the transaction postings and recommend corrections. We prepare proposed journal entries for depreciation, expense accruals and prepaid items. We read expenditures and cash flow to identify possible problems and then make recommendations and then consult with client to discuss business performance. In order for us to maintain our independence, we submit these entries to the client’s in-house bookkeeper, accountant or controller for their approval and input.
Financial Reporting: We provide financial reporting complying with standards established by the American Institute of Certified Public Accountants (AICPA). Financial statements consist of a balance sheet, a statement of operations and a statement of cash flows. Depending on the need, the cash flow statement and/or required footnotes may be omitted.
Compilations: We prepare compiled financial statements. We assure that the information is organized and presented according to Generally Accepted Accounting Standards but we provide no assurance on the accuracy of information contained in the financial statements.
Tax Preparation and Planning: We prepare income tax returns for individuals, corporations, partnerships, estates and trusts. We also prepare state tax returns for all of the United States. We are proactive versus being reactive in providing tax services. We prepare periodic tax projections to eliminate year end surprises. We look for opportunities to minimize current and future tax liabilities by understanding new tax regulations and applying them to each client’s situation.
Consulting: We gauge our value by the personal and business successes of our clients. We act as a sounding board for management in clarifying problem areas and evaluating solution options. The following are some of the areas in which we provide consulting services.
- Business plan preparation
- Selection of entity type
- Business start-up assistance
- Accounting software selection
- Evaluating financing options
- Loan negotiation
- Lease/Buy analysis
- Budget preparation
- Buying/Selling a Business
- Funding for business investments
- Retirement planning
- Estate tax planning
- Personal financial statements
QuickBooks Setup and Training: QuickBooks is the most popular accounting software for small businesses. We work with our clients to establish a chart of accounts, select options, determine how best to enter their transactions and create customized reports to meet their operational needs. We train staff to do as much of the accounting work as possible and we do the rest. As QuickBooks ProAdvisors, we have access to the Intuit/QuickBooks technical support team to answer difficult or confusing questions.
Controller Services: Christopher J. Trombetta, C.P.A., P.A. can act as a controller for business owners who do not have the time or skill to meet the demands of an ongoing business.
Discover a local CPA Firm that has continued to set itself apart since 1999. CJT CPA PA has helped thousands of clients obtain and surpass their goals. We develop long-term interactive relationships to navigate the business, tax, and financial planning opportunities and pitfalls in today’s complex world. We actually care about YOU and want YOU to succeed. We are accepting a limited number of new clients this year.
Simply stated, our mission is to assist our clients in identifying and achieving their business, personal, and financial goals. We provide professional knowledge and experience in business planning, finance, accounting, and all types of tax issues.