Services
Tax Services & Federal Income Tax Filing for Individuals and Businesses
We prefer to take a proactive vs. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve
throughout the year. Tax services offered include but are not limited to: Tax planning Income, Tax Return preparation, Individuals, Corporations, Partnerships, LLC/LLP'sNot-for-profit organizations. Bookkeeping and Financial Accounting
Our firm provides Professional Accounting and Bookkeeping Services to individuals and corporate business clients throughout the United States. The majority of our work is in Texas, but our quality services and friendly advice has helped us grow through referrals, and technology allows us to continue to serve clients who have moved away and many have referred out of state friends and family to us.Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:General ledger & financial statement preparation Bookkeeping (Monthly/Quarterly/Annual)Accounting system setup for new businesses, Computerized payroll services, Business tax return preparation, Personal financial statements, Bookkeeping Services. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping. As a business owner, the more time you spend in making your business a success, the less time you will have and need to have in "doing the books." I have always said "it's your responsibility to make money and make your business efficient. SOS TAX BOOKKEEPING AND ASSOCIATES can help you keep your books so you do not have to." So, whether your business requires month-end compilation or if you need A-Z in your daily routine of bookkeeping, SOS has experience and speed that is sure to delight your budget in both time and money
PAYROLL
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Whether you need us to simply calculate payroll or do it all for you, Your Tax Place is here to serve your payroll needs.Payroll Taxes & Workers' CompensationOur firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner. If your company requires workers compensation, we can provide you with coverage through the payroll service on a pay-by-pay basis eliminating large down payments. Financial Statements
We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions.Forecasting Cash Flow and Estimating Financial Requirements. A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses. Project Management and job costing services
Planning, Executing, and Closing Projects — defining the project, building its comprehensive work plan, and managing to the budget Managing Teams — facilitating commitment and productivity, removing obstacles, and motivating team members Managing Expectations — aligning projects to business goals, managing stakeholders, and communicating project status, milestones, and unexpected difficulties effectively
CONSULTING SERVICES
“Our objective is to help make your business more efficient and more profitable. We do so by providing small business consulting and advisory assistance to assist you in solving problems that you have when you have limited resources and/or expertise with which to do it yourself or when you need an objective viewpoint.”
Strategic Business Assessment and Plan for Improvement
A comprehensive, 2-3 day, on-site, fresh-eyes assessment of your business will be conducted by A Managing Consultant. Upon completion of the assessment, the Managing Consultant will present the business owner and management team with a written assessment of your business and a recommended plan for improvement. STRATEGIC BUSINESS ASSESSMENT AND PLAN FOR IMPROVEMENT
A comprehensive fresh-eyes assessment of your business will be conducted by a Consultant. Upon completion of the assessment, the Managing Consultant will present the business owner and management team with a written assessment of your business and a recommended plan for improvement. The written assessment will include, but not be limited to:
Executive Summary
Sales Assessment
SWOT Analysis
Preliminary Competitive Review
Financial Assessment
Financial management system review
Profit & Loss analysis - Balance sheet analysis - Cash flow analysis
Operations Assessment Recommended Plan For Improvement
Workflow analysis
Staffing analysis
Business Owner Mentoring/Accountability Program
The Business Owner Mentoring/Accountability Program provides you, the business owner, with a highly experienced Managing Consultant who performs the dual role of acting as your personal business mentor, as well as, your general business advisor. Based on years of personal business experiences, your Managing Consultant is a valuable resource for business information and acts as a sounding board for ideas, strategies, and plans. Your Group Mentor/Managing Consultant continually utilizes his previous business experiences and skills to improve your effectiveness as a successful business owner
Business Consulting Services
Business Growth and Expansion
Business Valuation and Exit Strategy
Executive Development and Recruitment
Financial Management
Profit Engineering
Pricing Strategy
Profitability Improvement
Sales and Marketing Planning
Strategic Planning for the Future
Business Succession Planning
Turnaround and Restructuring
Organizational Structure
Management Reporting Systems
Operational Strategy and Process Improvement
Productivity and Incentives
Competitive Analysis
