Accountants for Small Businesses - Favazza & Associates, LLC

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) June 9, 2010 -- A very profitable company was using a non CPA accounting service. Tax returns were never filed timely. There was no year end tax planning provided. The client always had a substantial tax bill every October when the extended tax returns were finally prepared. QuickBooks was inaccurate even after the non CPA worked on it. There was never a balance sheet included on the tax return. Depreciable assets were not recorded properly on the books. In its entirety this job was handled very poorly.

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Accountants for Small Businesses - Favazza & Associates, LLC

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http://www.accounting-for-landscapers.com

Favazza & Associates seen immediately that there was a need to reconstruct these books in order to get an accurate overview of this business. From reclassifying posting errors made by the prior accountant to the reconstruction of the balance sheet, this was a major job. After all was said and done there were several errors that cost these clients several thousands of dollars on their tax return, from improper postings to the missing depreciation deductions they were entitled to. Not only did Favazza & Associates, LLC improve the financial stability of this business they also assisted in setting up a 401(k) plan prior to the year end. Now with quarterly meetings to review the books and project taxes this client will have no more surprises and can rely on the numbers to operate and grow.

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More information can be found online at http://www.accounting-for-landscapers.com

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