Our firm offers a diversified range of services to both individuals and businesses. We can deliver the services you need in a professional, timely, and cost-efficient manner.
Compilation, Review and Audit Services
Jones, Madden & Council, PLC prepares financial statements for numerous businesses, not-for-profit organizations and other entities. All work is performed in accordance with standards established by the American Institute of Certified Public Accountants (AICPA). As members of the AICPA, we participate in a peer review process whereby another independent Certified Public Accountant periodically reviews our Accounting and Auditing practice to verify that our office complies with those standards. Financial statements are accompanied by either a compilation, review or audit report.
Our firm provides full-charge bookkeeping services, including general journal and subsidiary ledger maintenance and bank statement reconciliation. And for those clients who wish to increase their efficiency and reduce employee overhead, we are available to pay and mail all bills in a timely manner, while maintaining an accurate cash balance on a daily basis. This proves to be a valuable service for those clients constantly on the go.
Our firm offers complete payroll preparation and payroll tax reporting services. We prepare employee payroll checks, all federal and state quarterly and annual returns, W-2’s, 1099’s and deposit all payroll taxes.
Estate, Gift and Trust Tax Return Preparation
Our firm prepares federal and state trust, estate and gift tax returns and all applicable accountings to the Commissioner.
With our experience in estate planning, we can help you meet all of your objectives, including managing taxes so your estate can grow, passing on property to heirs in accordance with your desires, providing security for a surviving spouse at optimum tax cost, avoiding or minimizing family disputes and providing for adequate liquidity. Where you have special areas of concern, we do cost-benefit and tax analysis to help you make effective choices. In addition, our firm is available to serve as executor/trustee of your estate or trust.
Jones, Madden & Council, PLC can help you choose a retirement plan that will suit your needs to help you accomplish your retirement goals. We prepare annual trust accountings, plan participant benefit statements and any necessary filings with the IRS. In addition, we will keep you informed of changes in the tax law so your plan and its documents remain in compliance.
IRS and State/Local Representation
Our firm knows the tax laws, and we can provide complete representation services before the IRS as well as state and local taxing authorities helping to resolve tax issues and negotiate settlements. We are also experienced in negotiating Offers in Compromise with the IRS to help reduce your tax liabilities. The Offer is a structured Internal Revenue Program that allows the delinquent or non-filing taxpayer to offer the IRS a smaller amount than the amount actually owed.
Jones, Madden & Council, PLC offers professional preparation of federal, state, and multi-state tax returns for individuals, trusts, estates, retirement plans, businesses and corporations at competitive, affordable rates. We continuously monitor federal and state tax law changes to allow our clients to minimize current and future tax liabilities. We also prepare sales tax, personal property and business license returns.