BaCo Group, PLLC

Who We Are The BaCo Group is a full service, boutique style, accounting, tax and attestation firm that partners with entrepreneurs and owners, to provide high quality and individualized service. We provide a full range of tax planning and preparation services, accounting consulting and attestation services, outsourced ‘CFO’ related services, and more. We see the relationship between a business and its accountant as a partnership. We achieve this relationship in many ways, but first and foremost by working side by side with our client partners throughout the year, instead of just on a reactionary basis. What We Do We are a Dallas Area CPA firm focused on taxes and small business consulting. Our staff works diligently to make sure the clients needs are taken care of, seeking to understand each persons unique tax situation. We follow a rigorous and thorough process to ensure complete compliance and accuracy, and every return is reviewed by one of our Senior Staff members. We believe that in order to help our clients become all they were created to be, unique and thorough service should be provided to each situation we encounter. Why We Do It For the past 10+ years, our focus has been on serving clients of all sizes, from individuals with simple accounting and tax situations to multi state corporations with extensive tax reporting and GAAP financial statement requirements. Along the way, we realized that we have the most success and are able to provide the highest quality service when we serve our clients 12-months a year, rather than taking a first look at their data the day before or week before a filing deadline. From this realization, a new strategy was born. Being a ‘boutique’ accounting firm is more than just a fancy name or a catch phrase. It means that we serve the unique needs of a unique clientele, in a unique way. We are intentionally small in that we do not accept new clients unless they fit directly into this niche – businesses seeking a professional advisory partner. We serve entrepreneurs and businesses of all sizes, but only when the needs of these businesses align with our strategies. We only accept new clients who will work with us to facilitate shared accounting records, typically a shared QuickBooks file in a hosted environment. This allows us real time access to current records, and reduces the wasted administrative time of sending dated files back and forth. We also have strategically reduced much of the waste involved in a traditional firm in the area of administrative expense. We want our resources devoted to client service rather than focuses on administrative functions. We have implemented ‘smart billing’ allowing for clients to budget for services on a monthly basis rather than dealing with the expense of paying for a year of services all at once. We have invested heavily in information technology to automate processes, and to allow for secure document sharing with our clients. The BaCo Group is always looking for new and creative ways to serve our client partners. SERVICES: Taxes Individual Taxes Often times an individual income tax return can be as complicated a project to prepare or plan for as anything we encounter. Oil and gas positions, real estate opportunities, straddling transactions, self employed individuals, passive activities, multi-state returns, the alternative minimum tax, and foreign taxes are just a few of the items that may pop up on any tax return. That does not include how complicated some routine things like getting dividends from a mutual fund have become. With over 30 combined tax seasons worth of experience at BaCo Group we stand ready to meet whatever challenge your tax return presents, from the items listed above to simply getting your return completed early so you can get your refund. Business Taxes Business tax returns create a different set of challenges; most owners want to minimize their income to pay the smallest amount of tax possible while juggling the need to give a healthy bottom line to the bank. Additionally, they would like to build up the value of the business so that the day they are ready to sell their business they get the highest return possible. The professional staff at BaCo Group work hard to make that happen for you by preparing and presenting your financial statements in a way that gives the bank comfort while keeping your tax expense as low as possible. Not by breaking any rules, nobody wants to be the next Enron, but by honestly and ethically analyzing the results of your operations and helping outside investors understand your desire to keep profits under control. Accounting Whether it is monthly financials, quarterly reviews or an annual audit, BaCo Group will engage some of the finest professionals to help you meet any financial criterion you may encounter. Our audit team gives you the autonomy you desire for the audit function while working closely with our tax and accounting team. Monthly and quarterly financials are handled in house, but we work within the guidelines set out by our outside audit team in case those services are needed. We can also help you make a host of decisions by preparing budgets, forecasts, projections and other items. Consulting Each member of our staff is unique in that they all are involved in small business ownership. From Corporations and Limited Liability Companies to Partnerships and Sole Proprietors we have someone on staff that is involved in the ownership and operations of all these entities. We understand how important it is that your accounting doesn’t run your business because we don’t let it run ours, and in our case our business is accounting. We want you to experience what we have, accounting systems that integrate into what we do each day without interfering and without becoming any more of a burden than necessary. Each accountant is trained to use accounting software and in many cases is certified in the software you select. Your account will not simply be peddled off to a staff person who attended a QuickBooks seminar once and is now trying to help you run your business. The trusted advisor you work with shares your concern, because on some level they have experienced it themselves.

Address: 14665 Midway Road, Suite 200, Addison, TX 75001, USA

Phone: +1 214 827 9118
FAX: +1 214 827 9108