Abroms & Associates, P.C.

SERVICES: Mergers & Acquisitions Finding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by evaluating tax considerations, product/service compatibility, competitive tactics and position, financial impact, and cash flow considerations. Financial & Tax Consulting Our diverse client base has given us the experience necessary to help with: Mergers & acquisitions Asset protection Investment review Bankruptcies Litigation support Cash flow forecasting Employee benefit plans Expert witness services Internet commerce Accounting Services Providing financial information to our clients in a timely and accurate manner is a commitment that 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: General ledger & financial statement preparation Bookkeeping (Monthly/Quarterly/Annual) Accounting system setup for new businesses Computerized payroll services Business tax return preparation (Sales & Use/Business Property) Personal financial statements Litigation support Compilations Our role in financial reporting is an opportunity to provide constructive solutions to maximize your company's profitability and efficiency. (Compilations differ from reviews and audits because they are based upon information provided by the client and are used primarily for internal use only. No assurance is implied.) Bookkeeping/Write-Up Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis, and are the foundation of a successful business. Our qualified staff can assist you with all day-to-day tasks associated with bookkeeping. Cash Flow & Budgeting Analysis 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. Tax Services We prefer to take a proactive approach to tax services. By staying current on tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize your current and future tax liabilities. Tax services offered include but are not limited to: Tax planning & return preparation Individuals Corporations Partnerships LLCs/LLPs Estates, trusts & gift Not-for-profit organizations Taxing authority representation Divorce and support issues Tax effects of buying/selling a business Tax Planning Tax planning is an essential element of the tax preparation process. We work with our clients to make tax planning a part of the overall business strategy, to minimize current and future tax liabilities. Tax Preparation We have invested significantly in computerized tax preparation and research software, which enables us to accurately and efficiently prepare returns for various types of entities. We can prepare returns for individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations. Estate & Trust Tax Preparation Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your heirs, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order. Consulting Services We help your business identify areas that negatively affect profitability and growth, and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. Our services include: Accounting software selection and implementation Type of entity selection Business valuations Buying/selling a business Computer systems Financial & retirement decisions Estate, trust & gift planning Business Valuations Whether you are thinking of buying a new business or in the midst of a difficult divorce, the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest. Retirement Planning Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years. Debt & Financing Services Debt management and the evaluation of financing options are issues that an experienced professional deals with every day. Let us use our experience to assist you in securing financing for your personal or business needs or consolidating your current debt to a more manageable level. Business Entity Selection Choosing the form of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each type of entity to help you determine the most advantageous form of business for your company.

Address: 201 South Court Street, Suite 610, Florence, AL 35630, USA

Phone: +1 256 767 0740
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