Teamwork
Services for Accountants
Accountants can be the most important parties in helping clients get true value from their retirement plans. Unlike other TPAs who sit back and wait until the accountant has to beg for information, we help make your lives easier, and your services more effective, by providing the following proactive services:
- We consult with you to determine whether contributions will be paid during the plan year, or accrued and paid after the year; allowing you to coordinate tax planning with cash-flow needs
- We supply advance illustrations showing how contributions will be split between owners and rank and file. This helps accountants participate in effective cost-benefit analyses.
- We confirm every contribution deposit and provide trust accounting reports on an "Accrual" basis. This helps ensure that deductions are applied to the proper taxable year; and that the Plan’s accruals tie in to the business’s accounting records.
- We are available as a sounding board to help in ’zeroing out’ profits, planning for cash flow; developing strategies for family, tax and transition planning.
- We can help you grow your practice by helping you bring valuable tax planning opportunities to existing as well as prospective clients.