Feb 18
MimiTax Services PDF Print E-mail
Written by James   
Saturday, 09 August 2008 07:49

Tax Services
The rules keep changing, the tax code is confusing, the requirements are precise, and the penalties for not getting it right can be harsh. With Millennium Mimi Tax & Accounting Service, as your tax professional, you will know that your reporting is correct and on time, and that your tax liability is as low as legally possible.

  • Individual Returns, Corporation and Partnerships
  • Federal and all States, Cities, and Municipalities
  • Experience in handling Tax-Sheltered Investments, Gambling, Sole Proprietorships, Rental Properties, Retirement Plan Distributions
  • Year-Round Tax Planning for individuals and businesses, including Tax Credits, IRAs, Retirement Plans, and Tax-Advantaged Investments.
  • All returns prepared personally, utilizing state-of-the-art software and research materials.
  • Easy communication through the Internet, E-mail, and Fax
  • Electronic Filing and Direct Deposit available.
  • Expert work at a fair price.
  • Free Pick up and Delivery for Elderly Clients.

Accounting Services
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot 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:

  • Compiled financial statements
  • Quarterly payroll tax returns and W-2's for employees
  • Computerized depreciation schedules
  • Compilation of financial information for tax return preparation
  • Preparation of sales and use tax returns
  • reparation of personal property tax returns
  • Personal financial statements
  • Litigation support

Bookkeeping & Write up
Well-organized financial records are the foundation of a successful business. We can assist you with the day-to-day tasks associated with bookkeeping. Depending on your needs, we offer the ability to outsource all of your accounting needs to us, freeing up your time to focus on other aspects of your business. Or you may want to maintain certain accounting functions in-house and put us on your team to assist you with those areas where you feel least comfortable.

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, effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.

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 actual use. Our experienced team can help you choose and implement the system that best fits your needs.

Type of 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 long-lasting 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.

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas that can increase 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 are 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 and gift planning
Estate & Retirement Planning
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business or other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and throughout your retirement years.

Business Valuation
Whether you are thinking of buying a new business or in the midst of a difficult divorce, knowing the true value of your business is extremely important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.

Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent team has the experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.

Last Updated on Sunday, 13 December 2009 19:33