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Tax Returns Preparation
Our firm offers professional preparation of all
federal, state and local tax returns at
competitive affordable rates. We have the
expertise to make sure you pay no more in taxes
than you need to. Our significant investment in
computerized tax preparation and research software
enables us to accurately and efficiently prepare
returns for various types of entities including:
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Single,
married, separated, or head of the household
taxpayers |
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Non-resident
aliens |
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Sole
proprietors |
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Corporation,
C or S corporations |
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Partnerships-
limited or general partnerships |
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Limited
liability companies (LLC) |
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Not
for profit organizations |
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Payroll
tax returns |
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All
50 states tax returns |
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Sales
& use tax returns |
Tax Planning
Tax planning is an essential element of the tax
preparation process. By making tax-planning part
of your overall business strategy, you can use our
experience and access to the most current new
developments in the tax laws to minimize both your
current and future tax liabilities. We can
implement tailor-made due-date tax compliance
monitoring systems to prevent costly interest and
penalty assessments attributable to late filing.
International Taxation
Our experience with the taxation of U.S residents
working abroad and foreign citizens working in the
U.S. has provided us with an extensive base of
knowledge in the area of international taxation.
By complying with the various tax treaties between
U.S and foreign countries, we can eliminate double
taxation and take advantage of tax credits
available to foreign taxpayers.
IRS Audits & Negotiations
The CPA firm of Reza & Aidroos, P.C.
aggressively defends its client's position before
IRS, Texas Comptroller and other federal and state
government agencies. We handle all types of IRS
matters including IRS audit, lien, levy and back
tax settlement. We also assist our clients in
resolving state sales, franchise tax and property
tax issues.
Accounting
& Audit Services
Monthly
Book-Keeping & Accounting
We offer a complete range of accounting
services, including monthly, quarterly and annual
accounting & bookkeeping services, general
journal and subsidiary ledger maintenance, bank
reconciliation, and receivables and payables
tracking and analyses. We maintain, update and
backup all our clients' detail transaction history
for at least seven years.
Financial Statements & Reporting
Our CPA firm prepares professional, GAAP-compliant
financial statements as well as tailor-made
financial analyses that can help business owners
and managers eliminate inefficiency and realize a
business's full profit potential.
Payroll Services/Quarterly Filings
Our CPA firm offers comprehensive payroll service
at a very reasonable price. We handle all payroll
tasks from paycheck processing to quarterly and
annual payroll tax filings. We respond to all
enquiries relating to employment taxes. We also
handle federal & state payroll tax audits
Financial Projections, Budgeting
A business can be profitable and still run
into trouble due to cash flow issues. We can
forecast and evaluate your company's financial
condition, estimate financing requirements, and
track cash-flow sources and uses. We can develop
spreadsheet based financial models for financial
projections, cash flow analyses, ratio analyses
needed for business plans and loan proposals.
Audits, Reviews & Compilations
We view our role in the financial reporting
process as an opportunity to provide constructive
solutions for maximizing your company's
profitability and efficiency. We provide financial
reporting on all three levels of assurance:
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Audit |
An
intensive examination with the highest level
of assurance |
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Review |
Some
analytical procedures conducted with limited
assurance |
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Compilation |
Based
upon client information provided and used
primarily for internal use. |
Business
Consulting Services
New
business setup
The CPA firm of Reza & Aidroos P.C. sets up
new corporation, partnership, non-profit entity,
PA, PC and LLC at a very reasonable price. We take
into consideration both the legal and tax
consequences of the situation and help clients
choose the right form of business entity. After
setting up the new business, we follow up on your
progress and government compliances. We assist you
obtain federal and state tax numbers. We file
monthly, quarterly and annual tax returns, set up
your books of accounts, maintain detail general
ledger and prepare periodic financial statements.
We keep your books of records straight from day
one. In other words, we do everything needed to
keep you company in good standing. No excuse. You
can have a peace in mind knowing that your
business is at good hand.
Business 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 longstanding 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.
Incorporation
Our CPA firm can incorporate your business in 24
hours. We take into consideration both the legal
and tax consequences of the situation and help
clients choose the right form of corporations. We
also assist you obtain federal & state tax
identification numbers. We have partnership
alliance with attorneys who can provide you legal
consultation on shareholders agreement, bylaws and
other legal matters.
Business Tax & Government Compliance
Our CPA firm of Reza & Aidroos P.C. prepares
all types of federal and business tax returns
including income, payroll sales & use tax
returns. We assist you complying with various
government rules and regulations including
licenses and permits
Business Valuations
What is my business worth? What are the
"value drivers" that make one business
more valuable than another? What steps can I take
to build shareholder value?
Business
Valuations are necessary in a broad spectrum of
situations involving need or adversity. We can
provide you with a comprehensive analysis and a
competent valuation for sale of a business,
mergers and acquisitions, partnership disputes,
and buy/sell agreements.
Buy
& Sell Businesses
Structuring the purchase or sale of a business
properly is a critical step in the process of
buying or selling a business. Our competent staff
has experience to guide you through the
acquisition/disposition process by addressing such
issues as cash flow analysis and tax
considerations. We have clients who often ask us
to find prospective buyers for their businesses.
We provide fee based consultation services to
prospective business buyers and sellers. We also
assist in obtaining funds to finance business
purchases. Following is a list of businesses that
are for sale now:
Gas station on Dallas and Mansfield
Best Western Hotel in Oklahoma
Hair & beauty salon in Allen
Indian restaurants in DFW area
Dry cleaning plants and pickup joints in Frisco,
Dallas, & Garland
Management Consulting
Our CPA firm offers a wide range of consulting
services to help you improve business operations,
boost efficiency, and increase the bottom line. We
can setup internal control system within your
business organization that can minimize errors and
frauds
International Business Consulting
We provide representation in the United States. We
provid ethe following services for our
international clients
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(a)
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Act
as your agent in conducting negotiations
with U.S. companies and governmental
agencies. |
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(b)
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Help
you to set up distribution operations. |
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(c)
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Incorporate
a business in the USA |
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(d)
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Act
as registered agent for the corporation |
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(e)
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Conduct
financial investigations of U.S. companies. |
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(f)
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Locate
a business for sale in the USA |
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(g)
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Assist
you in developing and formulating business
plans, mergers and acquisitions of U.S.
and/or other international concerns |
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(h)
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Work
with immigration attorney for investment
visa |
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(i)
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Prepare
U.S. tax returns for business &
non-resident aliens |
Business
Planning
Most of the lenders, investors and venture
capitalists require professionally prepared
business plans. We prepare effective business
plans including projected cash flows, projected
profit and loss statements, balance sheet and
ratio analyses for startup and established
businesses.
Accounting Software Consulting
Our CPA firm provides accounting software
selection, implementation and training services.
We have staff who specialize in Quickbooks,
Peachtree and Simply Accounting software. We also
have partnership alliance with midrange software
companies.
Financial
Services
Retirement
Planning
It is never too late to start planning for
retirement. If you want to live the same life
style- or an even better one- than you do now, you
need to start planning for retirement... NOW. We
can analyze your projected income and expenses and
suggest investment-funding techniques to help you.
Zahid Reza, CPA is affiliated with H.D. Vest
Financial Services.
Employee Benefit Plans-Keogh, 401k, SEP
We provide assistance in setting up employee
benefit plans such as 401K, Pension and Profit
Sharing plans. Our firm coordinates the whole
process from start to finish.
Insurance
Texas Insurance Commission licenses Zahid Reza
CPA. We will analyze your needs for insurance
whether term, whole, permanent or variable life
insurance for yourself, your family and your
business. We will structure and recommend the
insurance plan that suits your needs.
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