Accounting and Taxation Services

We provide full service accounting functions tailored to your needs. We are responsive to your traditional accounting needs. In addition, we provide you with effective tools for your business management.

Our services can include comparative financial statements, cash flow projections, and operating budgets as well as your general accounting needs.

Our services include the following:

• Sales and cash receipt reconciliation and journals
• Cash and receivables reconciliation
• Write-up services
• Payroll processing
• Sales tax preparation
• Payroll tax preparation
• Accounting system setup and design
• Complete accounting through financial statements
• Budget and historical comparisons

Tax Planning and Compliance

Taxation represents one of the most significant variables in your financial planning. Effective tax planning can make a profound difference in your company's profitability and your personal net worth.

Terrence S. Thonn, Inc. offers in-depth tax knowledge to help you take control of your taxes and understand the options within the tax structure. Every decision you make can affect your taxes. We will provide you with timely information to help you make the best decisions. Our expertise allows you to comply with current tax laws and anticipate legislative effects in the future. Our services allow you to:

• Plan to reduce or minimize taxes
• Accurately and efficiently prepare your tax returns
• Plan for exchange of assets
• Learn how acquisitions and mergers will affect your tax position prior to making a move
• Retain better tax documentation
• Take advantage of tax research and IRS audit assistance
• Properly plan your estate

With today's rapidly changing tax laws, timely and creative tax planning is essential for your success. Terrence S. Thonn, Inc. can provide you with a definitive advantage in tax planning.

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