Licensed
professionals who have their own practice.
These
professionals are usually doctors, attorneys, architects and other
licensed professionals.
Besides serving
their clients professionally, they also need to manage and market
their own practices.
Hot issues
Choice of
business entities - This has tax impact on income generated by
these professionals. Each case might be slightly different
but whether they should carry on business as a proprietor,
partnership or corporation.
Time and Billing
System
Tax planning -
This does not only have immediate tax consequences but also future
effect.
Partners
compensation
Services
In order to address the needs of our clients in
this field, these are some of the services that we offer to them:
Tax planning on
choice of business entities to minimize the tax bite.
Retirement and
financial planning so to make sure that the clients are fully
aware of all tax-deferral mechanism to build up their portfolio
for future investment and retirement.
Setting up or
reviewing financial infrastructure to make sure that the clients
have enough controls and procedures in place for proper recording
of transactions
Our Remote
Review service usually fits well with clients who just starts
their practices or have an in-house bookkeeper to handle the daily
transactions..
Our Controller
Service is ideal for those who have a few professionals and we
can take care of all the books and records including billing and
collection. In this case, usually the professionals are more
interested in spending their time to grow their practice and they
want to leave the books and records to someone like us that they
can trust.
Develop a time
and billing system so that our clients can maximize their billing
potential.
Develop a
partner compensation plan based on the needs for each individual
client.