Merrill Accountancy Corporation provides a wide range of services to individuals and businesses in a variety of industries. At Merrill Accountancy Corporation, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:
- Tax Related Services
- Other Services
- Estate and Trust Planning and Tax Preparation
- IRS Representation and Audit Assistance
- Entity Selection and Restructuring
- Computer Consulting
- Cash Flow and Budgeting Analysis
- Business Valuation
Tax Related Services
We provide a full range of tax planning assistance and preparation with strategies to minimize your tax liabilities, maximize your cash flow and keep you on track to obtaining your financial goals. Our experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as ever changing tax laws. We are knowledgeable and up to date on tax law and offer assistance with any tax assessments and notices.
Business Accounting Services
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Merrill Accountancy's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning and investments.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Corporate tax planning and return preparation
- Reviews and compilations
- Financial projections and forecasts
At Merrill Accountancy Corporation, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law.
These services include but are not limited to:
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Business valuations
- Debt and finances advising
- Transaction structuring and negotiations
- Business succession
- Litigation support
Reviews, and Compilation
Merrill Accountancy Corporation's financial statement services comprise the following:
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. As part of your professional team, Merrill Accountancy can navigate the tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries.
Litigation Support and Forensic Accounting
Merrill Accountancy Corporation offers litigation support and forensic accounting services including financial investigations, business valuations, marital dissolutions and bankruptcy. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. With our professional training in this area, we can make sense of these records and transactions and get to your bottom line.
IRS Representation and Audit Assistance
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. Our experience with audits includes representation before the IRS, FTB, SBOE and EDD.
Accurate record-keeping is essential to a successful business. Merrill Accountancy provides full charge bookkeeping including data entry, invoicing, bill pay, bank reconcilements and monthly journal entry. We also offer partial services which include month or quarter end journal entries, review of books, and online or telephone assistance with general bookkeeping questions.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Merrill Accountancy Corporation can advise you on the best type for your circumstances.
QuickBooks Accounting Help and Assistance
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.
With our Advanced Certified Pro Advisor working in conjunction with our CPA’s you will receive QuickBooks expertise as well as a strong accounting foundation to build your QuickBooks data.
Merrill Accountancy Corporation offers the following solutions to help meet your QuickBooks needs:
At our office or at your company's location, individually or in groups.
We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.
We specialize in QuickBooks set-up, customizing your company data file to your industry and personalized specifications. We also provide services to experienced users to help manage your business more effectively by improving setup.
Our QuickBooks support service can assist you with any installation, setup or operational question. Support can be provided online, onsite, at our office or by telephone. Our support is not limited to just software, but we also provide accounting and payroll assistance.
Our QuickBooks review service provides an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
As technologies rapidly advance, companies increasingly need to update their computer systems. Merrill Accountancy Corporation can direct you to our computer professional who will audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As an expert in this field, we can put your computer problems at bay as well as improve your computer system's performance and increasing productivity.
At Merrill Accountancy we offer full service real time payroll. We also provide partial payroll for filing of payroll tax returns using your payroll data.
- 1-100 employess
- Full Service – Real time
- Employee checks, EFT tax deposits, direct deposit of employee checks, garnishment checks, deferral checks, new hire reporting
- Quarterly and Annual Reporting
- Provision of journal entries to record payroll expenses and liabilities in you books
- Partial Service – Quarterly and Annual reporting using your data
Cash Flow and Budgeting Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Merrill Accountancy Corporation can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow. With our help and guidance, you will always be on top of your finances and ready for the future.
Financial Projections and Forecasts
No one can predict the future perfectly, but we can all benefit from planning for it. Merrill Accountancy Corporation combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come.
The range of needs for valuing businesses continues to widen, and Merrill Accountancy Corporation can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.