HMWC CPAs and Business Advisors

Professional PlanningAs highly trained experts in their fields, lawyers, consultants and other professionals greatly appreciate the expertise provided by skilled accountants. At HMWC CPAs & Business Advisors, we help professionals with numerous facets of their business operations.

Recordkeeping Services – We help professionals to effectively manage their practices through our assistance in handling recordkeeping and preparing necessary forms.

  • Payroll/labor records
  • Bank reconciliations
  • Accounts payable and accounts receivable
  • Payroll and sales tax returns
  • Monthly financial statements and general ledger

Tax ServicesHMWC CPAs & Business Advisors provides a full range of tax services for corporations, partnerships and individuals, as well as trusts and estates:

  • Tax minimization strategies
  • Federal, State, multi-state and international tax planning and compliance
  • Planning and structuring for complex business/personal transactions
  • Employment, property, sales, use and excise taxes
  • Tax planning for pension, benefit and incentive compensation plan
  • Stock option planning
  • Investment, research and enterprise zone tax credits
  • Consulting for business formations, liquidations and dispositions, mergers and acquisitions, and reorganizations
  • Assistance with tax-free exchanges of property
  • Tax controversies and representation before IRS and Franchise Tax Board

Financial Management – Professionals appreciate an accountant who does more than just “run the numbers.” You need a true business advisor – someone to develop ideas to help meet your present and future goals, as well as solve existing problems.

  • Income statement and balance sheet projections
  • Working capital/cash flow management
  • Review of proposed capital expenditures
  • Revenue enhancement strategies
  • Compensation/benefits programs
  • Retirement plan funding
  • Assistance with debt or equity financing
  • Business plan design/implementation
  • Reorganization and restructuring
  • Insurance/risk management
  • Investment strategies and portfolio allocation
  • Estate planning
  • Financing children’s education

Pension & Human Resources Consulting – As tax consultants and business advisors, we work with our clients and their third party administrators to custom design plans to meet each company’s specific needs.

  • Retirement Plans: Defined benefit plans, profit sharing plans, 401(k) savings plans, and money purchase pension plans.
  • Fringe Benefits: Cafeteria plans, medical savings accounts, health care reimbursement accounts
  • Pension plan design, installation and administration