B. Watson & Company is a full service accounting and auditing, tax and business advisory services firm.
We offer the following services to our business and individual clients:
1. ASSURANCE SERVICES (Financial Statement Engagements)
2. TAX COMPLIANCE AND PLANNING (Corporate and Individual)
3. OUTSOURCED ACCOUNTING SERVICES FOR SMALL BUSINESSES AND INDIVIDUALS
4. OUTSIDE CFO AND BUSINESS CONSULTING SERVICE
ASSURANCE SERVICES
(Financial Statement Engagements)
Financial statements are often required to comply with terms of financial arrangement with lenders, or to regulatory agencies, investors and customers to evaluate your business’ financial strength/stability.
B. Watson & Company provides all three levels of financial statement reporting services: audit, review and compilation. If needing an initial financial statement engagement, we will discuss with you and the third party source requesting the financial statements, which level of service will best meet your need.
To learn more about B. Watson & Company’s offerings in this area, please Contact Us.
TAX COMPLIANCE AND PLANNING
(Corporate and Individual)
Corporate Tax Compliance Services are:
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C Corp tax return preparation (Form 1120)
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S Corp tax return preparation (Form 1120S)
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Partnership/LLC tax return prep (Form 1065 or Sch C of 1040)
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Non-Profit Organization tax return preparation (Form 990)
Corporate Tax Planning Services
B. Watson & Company provides year-end tax planning for all entity types and for the shareholders/partners of S Corps and Partnerships. Year-end tax planning is done to access where the organization is financially and to make a plan to minimize their tax liability before the year is out. The following is included as a part of tax planning:
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Entity type recommendations (for tax and legal purposes)
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Tax minimization analysis
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State tax planning for multi-state entities
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Employee compensation and incentive planning
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Deferred compensation planning
Individual Tax Compliance and Planning Services are:
Individual tax preparation
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Form 1040 (and all associated schedules) preparation
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State income tax preparation
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Multi-state return preparation
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Trust tax return preparation
Amended tax return preparation and claims for refunds
Year-round tax planning, projections and related support
Federal and state tax payment estimation
Federal and state Correspondence assistance
To learn more about B. Watson & Company’s offerings in this area, please Contact Us.
OUTSOURCED ACCOUNTING DEPARTMENT / SERVICES
(for Small Businesses and Individuals)
B. Watson & Company can act as your in-house accountant, but from our offices. This service can be customized to satisfy your company’s needs. To provide the following outsourced accounting services, we will use secured Internet functionality with several available accounting suite programs.
Bookkeeping via secured online accounting suite
Online banking
Bill paying
Bank reconciliations
E-File Cabinets (paperless receipt storage)
Financial reporting
Accounting department and software (Quickbooks) training and support
To learn more about B. Watson & Company’s offerings in this area, please Contact Us.
OUTSIDE CFO AND BUSINESS CONSULTING SERVICES
B. Watson & Company offers Outside CFO/Financial Business Consulting services to clients who are small to medium in size, who do not employ a CFO. We provide the following support and services:
Consultation with respect to lending financial arrangements
Financial statement analysis and interpretation
Business mergers, sales and acquisitions
Budgeting
Internal control evaluations
Pre-audit preparation services
Cash flow management
To learn more about B. Watson & Company’s offerings in this area, please Contact Us.
SERVICES