|
Personal Financial &
Tax Preparation |
We prepare tax returns using the latest
and most advanced compliance software for clients in Texas and throughout
the United States. |
|
We prepare Income Tax Returns for:
Payroll Tax
Returns
Although the most
common of taxes, payroll taxes are the most misunderstood area of tax law. New businesses
often pay more penalties and interest related to payroll taxes than any other taxes.
Properly recording and remitting payroll taxes and filing all required reports is
essential for any business with employees.
We can assist in
setting up a payroll system that will meet all of the reporting requirements and minimize
frustrations.
We can also assist in identifying and selecting a payroll outsourcing company to
completely remove those burdens so you and your staff can concentrate on the activities
more beneficial to your business.
Tax
Representation
We are
available to represent clients in IRS audit procedures
whether we prepared the return or not.
Top of Page |
|
| Tax Planning |
Minimizing
personal tax liability is a year-round, not a year-end process. Our planning services are
tailored to your unique circumstances and future plans. We can provide services on basic
tax projections for the current year, expertise on debt management, or complete lifetime
financial planning.
Our planning
engagement uses a team approach to maximize the expertise available to our clients. We can
work with your present investment advisors, brokers, and attorneys, or recommend them from
our network of experienced professionals. In either case, you have the assurance of
solutions tailored to meet your specific needs through quality, objective advice. |
|
Financial Planning Services
We will determine the maximum legal
amount you can defer to realize your future dreams.
Top
of Page |
|
Controllership
& Management Advisory Services |
A business controller is the
manager of the accounting department and typically is an experienced accountant, often a
CPA. Many small businesses do not need nor can they afford a full-time person with these
capabilities. At The Mangold Group, CPA, PC we can provide these services which can
include but are not limited to: |
|
Top of Page |
|
| IT Consulting |
Our Information Technology Services include: |
|
- Needs analysis and consulting
- On-site visitations and support
- Off-site and remote support
- Strategic planning and budgeting
- Detail system proposals
- Operations consulting
- Systems selection implementations
- Project management
- Relationships with hardware vendors and system integrators
- Network integration
Need
Analysis & Consulting
We can evaluate your
current and future needs as well as system requirements in order to develop alternative
solutions or meeting those needs.
Project
Management
If you have a
preferred vendor or systems integrator, but want independent oversight reviews of
proposals, your firm can benefit from our project management expertise.
Top of Page |
|
| Financial
Statements |
Certified Public Accountants
are the only people licensed in the State of Texas to provide audits, reviews, and
compilations of financial statements. CPA’s are required to complete extensive
continuing education and undergo a review process each year to ensure clients are provided
with the highest level of service only CPA’s can provide. |
|
Audits
The highest level of
service is an audit. An audit is a methodical and objective examination of accounts and
items supporting the financial statements of the company. For smaller non-public
companies, the cost of an audit may exceed the benefits derived. Generally, the purpose of
an audit is to express an opinion on or reach a conclusion about what was audited.
Review
The next level of
service is a review, a level of service that results in an expression of limited
assurance. The accountant communicates this assurance in a report by stating that he or
she is not aware of any material modifications that should be made to the financial
statements to bring them into conformity with Generally Accepted Accounting Principles.
The accountant must perform sufficient inquiry and procedures to give a reasonable basis
for that conclusion. These inquiries and procedures are the major difference between a
review and the next level of service, which is compilation.
Compilation
A compilation
involves an accounting service in which an accountant prepares financial statements
without expressing any assurance that the statements are accurate and complete or in
conformity with Generally Accepted Accounting Principles. An accountant generally performs
few, if any, procedures, and it is substantially less than a review service report. For
this reason the accountant’s compilation report will include wording similar to the
following: "A compilation is limited to presenting in the form of financial
statements information that is representation of management. We have not audited or
reviewed the accompanying financial statements and, accordingly, do not express an
opinion or any other form of assurance on them".
Top of Page |
|
| Miscellaneous
Services |
Through our associations
with other CPAs and financial planning firms, many of whom are clients of our information
technology consulting services, we can assist in locating qualified professional to
provide services not always immediately associated with accountants. |
|
Litigation Support
- Expert witness testimony
- Damages calculations
- Analysis of financial records
- Assistance with depositions
- Property tax appeals
- Tax court proceeding
- Bankruptcy proceeding
- Calculation of losses from fraud or embezzlement
- Preparation of arbitration and mediation cases
Divorce
- Tracing of separate and community property
- Property – interest valuations and distributions
- Analysis of income tax issues
- Valuations of closely-held business
Human Resources Consulting
- Recruiting retaining, and training qualified personnel
- Wage and salary administration
- Personal policies and procedures
- Employee performance reviews
- COBRA Compliance
Trial Preparation
Business Valuations
Non-profit Organizations
Top of Page |
