William McCauley CPA, Inc.

Whether you've had your tax returns prepared by a large CPA firm or a smaller preparer in the past, your tax return preparation experience ought to leave you feeling that you've not only obtained the most optimal tax payments, but that you feel confident that you understand everything presented in the returns and that you're receiving the most value for the fee paid to your tax preparer.  In addition, communication with your tax preparer from the moment you engage them to the time you receive your deliverable after e-filing your returns should be seamless and continuous.

With WMCI, you're gaining "Big 4" CPA firm experience for a fraction of the cost in preparing your individual federal, state and foreign income tax returns or information returns.  WMCI will be in continuous communication with you throughout the entire process and will discuss complex matters that may arise, in order for you to make the best decisions possible in preparing the most optimal and accurate tax returns.  When the returns are in draft form, WMCI will take the time to discuss key items and go over the makeup of your tax liability, in person.

Before working on your individual returns, WMCI will work with you to assess the complexity of preparing your individual income tax returns and provide you with a fee quote and, ultimately, an engagement letter.

Whether you operate a closely held business, a start-up or a mature business operating as a C-Corporation, S-Corporation, Limited Liability Company, Limited or General Partnership, you ought to feel that you're obtaining the highest level of service and experience when it comes to the tax return preparation for such businesses.  When such businesses consist of flow-through activity that are a part of your individual income tax returns, confidence in the level of service received grows even more.

With WMCI, you're gaining "Big 4" CPA firm experience for a fraction of the cost in preparing your corporate or partnership federal, state or foreign income tax returns and information returns.  WMCI will be in continuous communication with your team throughout the entire process to discuss complex matters that may arise, in order for your team to make the best decisions possible in preparing the most optimal and accurate tax returns.  When the returns are in draft form, WMCI will take the time to discuss key items and go over the makeup of the corporate liability or flow-through income or loss, in person.

Before working on the corporate or partnership returns, WMCI will work with your team to assess the complexity of preparing the corporate or partnership income tax returns and provide your team with a fee quote, and ultimately, an engagement letter.

In order to measure financial goals as an individual or as a business, financial statements are required.  Eventually, financial statements are also used to prepare tax returns for businesses and can be used in preparing individual tax returns.  The financial statements must be prepared accurately and consistently, and the structure of the accounting entries that make up the financial statements need to be organized from the point of original entry.  Because there are different types of financial statements (i.e. GAAP vs. tax reporting), the appropriate type of financial statements ought to be used based on your specific needs, which ought to be determined at the very beginning.

Because entrepreneurs and business founders are typically not "accountants", many individuals or businesses lack the experience or desire to extend resources into this area.  This is where WMCI can offer its experience in basic bookkeeping to work as a trusted business partner with you or your team.  WMCI doesn't hesitate to work with you or your team, onsite, to use "source" financial data and begin the bookkeeping process.  Think of WMCI as an onsite corporate controller, at a fraction of the cost.

With WMCI, we'll work with you to determine the appropriate type of financial statements necessary for your specific situation or business.  WMCI will then organize your chart of accounts from the ground up to ensure transparency of the most desired and necessary accounts.  As WMCI is provided with "source" financial data, entries will be made in accounting software and financial statements can then be generated.  WMCI will then work with you or other outside advisors in discussing the financial statements, tackling questions associated with the financial statements or in changing the organization of the financial statements or chart of accounts. 

These financial statements can also be used by WMCI to prepare individual or business tax returns, outlined in the separate services above.  Having WMCI involved in both the bookkeeping and tax returns services provides you or your business with a seamless and efficient, one-stop resource in taking care of both of these critical financial services.

Whenever you or your business team has a tax question, WMCI wants you to come to us with your questions.  These may include, but are not limited to, questions around individual income tax, tax impacts from retirement account activity, choice of business entity, business tax questions, corporate tax questions, state tax questions or sales & use tax questions.