Bookkeeping and Audit Preparation

• Set up your chart of accounts and filing system. 

• Data entry into QuickBooks based on a specified method of accounting (cash, modified cash, US GAAP).

• Ease external audit stress with my assistance to prepare the necessary supporting documentation. 

Financial Statements

• Preparation of financial statements in compliance with specified accounting method.

Budgets

• Development of realistic budget based on historical and future factors.

Forecast and Projection

• Plan for future growth and assumption metrics from 2-10 years analysis.

• Develop facts to determine potential future operating and financial results. 

Income Tax Preparation

• Prepare your federal and Hawaii individual income tax returns quickly and efficiently.

• Provide year-round tax services.

• Help you catch up with your unfiled federal and Hawaii indivudal income tax returns.

General Excise Tax

Hawaii General Excise Tax is not an option if you have a rental property in Hawaii. This tax is based on the gross rents you received and not on the net income. So, even if you didn't have a profit, you must still file and pay the general excise tax. 

• Prepare Hawaii General Excise Tax returns

• Prepare Hawaii Transient Accommodations Tax returns for your short-term Hawaii rental property.

HARPTA Withholding Taxes

• Obtain a waiver or reduction prior to closing, upon qualification 

• Apply for an early refund after closing

Litigation Support

• We assist attorneys that receive boxes of "unknown" financial data from parties. We sort, organize, and provide accounting summaries or details, referenced by bates numbers and/or exhibits to pertinent files, as required for the case.

Identification

• Identification and compilation to support fraud embezzlement, misappropriation, breach of contract, or other legal matters.

Damages

• Computation of damages and imputed interest, as needed.

External Controller

• Step-in and manage existing accounting department and personnel during an interim or long-term vacancy.

Internal Controls

• Create your company's accounting manual of policies, procedures, and exhibits, to provide clear guidance of accounting flow and requirements. Ranges from a summary level to customized step-by-step manual format.

• Assess your current internal control risk based on existing practices and provide recommendations to strengthen the organization's prevention and/or detection of fraud.