Archives for May 2012

Does Your Business Need Assurance Services?

Any business, from restaurants to contractors, government agencies to not for profit facilities, can use the professional assurance services of a CPA. The American Institute of Certified Public Accountants Special Committee on Assurance Services identifies the field of assurance services as “independent professional services that improve the quality of information or its context, for decision makers.” [Read more…]

Share

Why The Best Risk Management is Personal

Two People Drinking CoffeeAt Crowley & Halloran, we personalize risk management services and financial services because we believe that, in order to advise our clients at what works best, we really need to know those clients. 

We are focused on listening to your every need and tailoring our services to meet those needs. From payroll services and risk management to strategic and succession planning, our team is here to make your job easier! Companies face countless business challenges, and we offer many cost-effective services to help counter those challenges. 

There are no boilerplate plans at our firm, because what’s right for one client might not be right for another client. In initial meetings, our financial advisers spend time getting to know who you are, what your business is, what your needs are, and how we can help you. We have expert financial advisers who are experienced in:

  • Reporting
  • Control Auditing and Internal Auditing
  • Accounting and Bookkeeping
  • Strategic Planning
  • Budgeting
  • Disaster Recovery

and other areas. Our employees have demonstrated experience in their area of expertise, and can help you grow your business to the next level. 

With our personalized approach, we look at every level of your business to see what’s going well and where you need to improve your game. At Crowley & Halloran, we know that doing business can be stressful and we strive to help our clients minimize that stress level. We believe that informed decisions are the best decisions. Our information gathering approach helps out financial advisers accurately assess your needs and growth, and prepare a plan that works. We seek input from every level of your organization, checking in with HR, management, marketing, and IT, because we know that decisions made at the top affect workflow throughout your organization. 

We strive to offer our services at a level you need, with a recognition that your level of need may change over time. If you’re looking to grow into a new market, consider seeking budgeting or strategic planning help. If you are put on notice for an audit, seek expert help preparing your audit defense, organizing your finances, and managing your records. For day-to-day help, budgeting, accounting, and bookkeeping are necessary. Whatever you need, we’re here to help and we want to get to know you. Give us a call to learn what we can do for you.

Share

Unraveling the Intimidation of Assurance and Audit Services

Accounting CalculatorThe auditing process, though it may seem overwhelming at first, can be highly beneficial to your daily operations. Audits are the best way to review your business processes, internal controls and the validity of the data in your company’s system. Hiring an external audit firm can make a substantial difference in the daily operations of your company, because it adds a degree of impartiality to the process. [Read more…]

Share

What to Consider after the Tax Deadline

Every year people head out to get the forms they need to file their taxes. Some will attempt to file them on their own and others will seek the help of professional tax preparers. After you have filed your taxes there might be some questions as to what to do with the refund or how to pay taxes you owe. You may even have questions regarding what to keep and where to store the files from year to year.

Once you have filed your taxes it is a good idea to save and file all documents that prove what you reported to the IRS. Keep all the W2’s, 1099’s, receipts and any other forms that you were sent for reporting. Be sure to print off all tax worksheets and file with the tax documents. File the tax forms in an area that will not sustain water damage or cause the forms to be ruined over time.

If you should find yourself having to pay taxes to the IRS, be sure to keep receipts of all payments and when they were sent. The IRS will work with you if the amount you owe is greater than what you can pay. Set up a payment plan to begin to payoff what you owe. 

Having a refund at the ended of the tax year is a real good feeling. There is nothing quite like having extra money when you least expect it. Extra money gives you an advantage that other’s may not have. Consider investing the funds in a retirement account or even paying off some bills that seem to haunt you from month to month. The extra money could also be used to help out a non-profit organization by making a tax deductible donation.

There are always things you must do after the tax season ends. When filing tax make sure to keep all needed documents safe and secure once you have filed. Be responsible with payments and wise with your refunds. By taking care of things after filing you will ready the next time tax season comes around.

Share