Tax Management Services
At Jordan Ricardo Tovar & Company P.L., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Jordan Ricardo Tovar & Company P.L.’s accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
Assurance and Advisory Services
At Jordan Ricardo Tovar & Company P.L., we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.
Audits, Reviews, and Compilation
Jordan Ricardo Tovar & Company P.L.’s financial statement services comprise all three levels of assurance depending on your company’s needs.
Audits offer the highest level of assurance to third parties include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are usually requested for internal purposes and are based upon information provided by a company’s management. They do not offer assurance but may involve some adjustment to accounting records.
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Jordan Ricardo Tovar & Company P.L.’s role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well-thought-out plan as to how to distribute the assets left in one’s estate so as to avoid complications and to be sure that the individual’s wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones do not have any complications to deal with during a time of loss.
Financial and Retirement Planning
Jordan Ricardo Tovar & Company P.L.’s purpose is to help our clients reach their financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Jordan Ricardo Tovar & Company P.L. can ensure that your portfolio will take into account tax implications for an advantageous after-tax return.
Litigation Support and Forensic Accounting
Jordan Ricardo Tovar & Company P.L. litigation support and forensic accounting services can be employed in a wide range of situations, including commercial litigation, financial investigations, business valuations, business and marital dissolutions, and bankruptcies. Our proffesional training can guide you through these situations while upholding the highest standards to meet your business needs. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation.
QuickBooks Accounting Help and Assistance
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. Through our extensive experience in assisting a wide range of clients, we are able to provide assistance on how to use the software more efficiently adn effectively.
Accurate record-keeping is essential to a successful business, and Jordan Ricardo Tovar & Company P.L. can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. Using our tailored and knowledgeable, we can advise you on choosing an entity type and later restructuring if advantageous.
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients when communicating with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can prepare you for and ease the audit process. We are ready and willing to answer any and all questions the IRS may be asking of you.
As technologies rapidly advance, companies increasingly need to update their computer systems. Jordan Ricardo Tovar & Company P.L. can audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As experts in this field, we can while improve your computer system’s performance taking into consideration any budget you may have.
Jordan Ricardo Tovar & Company P.L.’s payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.
Cash Flow and Budgeting Analysis
Good cash management can improve a company’s liquidity, reduce costs, and increase profitability. Jordan Ricardo Tovar & Company P.L. can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can determine the business’ ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business’ success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level.
Financial Projections and Forecasts
Planning for the future is a beneficial task that improve the performance of a business. Jordan Ricardo Tovar & Company P.L. combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company’s success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.
The range of needs for valuing businesses continues to widen, and Jordan Ricardo Tovar & Company P.L. can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.
Mergers, Acquisitions, and Sales
Business transactions and transitions are complicated affairs, and whether you are buying, selling, or considering a potential merger, Jordan Ricardo Tovar & Company P.L. can provide professional know-how to help you successfully structure and negotiate the deal. Jordan Ricardo Tovar & Company P.L. employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics.
Our firm has gained a considerable base of knowledge in the area of international taxation. We have experience with companies and residentes that do business abroad, as well as with foreign corporations or foreign citizens working in the United States.