It's hard to imagine a heavier responsibility than keeping an employee benefit plan fat, safe, and in compliance. That's a difficult thing to do. But since 1958, Islip+Company has helped Sacramento area companies keep their benefit plans waterproof by not just thinking like an IRS examiner - but by anticipating all the unique twists and turns of IRS logic.
Islip+Company CPAs offer personalized service to help you with these issues. Since 1958, we have successfully worked with the IRS and the FTB helping our clients stay in compliance of the tax laws and pay the minimum amount due. Financial analysis can tell you a lot about how your business is doing. Without this analysis, you may end up staring at a bunch of numbers on budgets, cash flow projections and profit and loss statements.
You should set aside at least a few hours every month to do financial analysis. Analysis includes cash flow analysis and budget deviation analysis mentioned above.
Islip+Company CPAs offer personalized service to help you with these issues. Since 1958, we have successfully worked with the IRS and the FTB helping our clients stay in compliance of the tax laws and pay the minimum amount due. Financial analysis can tell you a lot about how your business is doing. Without this analysis, you may end up staring at a bunch of numbers on budgets, cash flow projections and profit and loss statements.
You should set aside at least a few hours every month to do financial analysis. Analysis includes cash flow analysis and budget deviation analysis mentioned above.
Services
Sacramento CPA Firm Islip and Company was found in 1958 by Lloyd V. Islip.
His vision was to provide Sacramento and its surrounding areas with the highest level of expert professional accounting services.
Now, 57 years later, Islip and Company has become one of Sacramento's most respected accounting companies.
We serve not only the greater Sacramento area but the Bay area, up to Redding, over to Reno, and down to Modesto.
Your location doesn't stop us from providing superior accounting services.
His vision was to provide Sacramento and its surrounding areas with the highest level of expert professional accounting services.
Now, 57 years later, Islip and Company has become one of Sacramento's most respected accounting companies.
We serve not only the greater Sacramento area but the Bay area, up to Redding, over to Reno, and down to Modesto.
Your location doesn't stop us from providing superior accounting services.
Did you know that over 50% of all taxpayers hire a professional to do their taxes?
This is due in large part to the tax code having grown by over 1,000,000 words in the last few years.
With all of the new complex rules and formulas the IRS has added it is especially challenging for someone without a financial background to wade through all of the tax codes and prepare an efficient, accurate tax return.
There is also the possibility that individuals or businesses that prepare their own taxes end up overpaying because they were not aware of a write-off or incentive they could have taken.
This is due in large part to the tax code having grown by over 1,000,000 words in the last few years.
With all of the new complex rules and formulas the IRS has added it is especially challenging for someone without a financial background to wade through all of the tax codes and prepare an efficient, accurate tax return.
There is also the possibility that individuals or businesses that prepare their own taxes end up overpaying because they were not aware of a write-off or incentive they could have taken.
Have you ever heard someone say they aren't good at math?
That numbers really aren't their thing?
What they are really saying is that they don't speak the language of numbers.
Just like a foreign language, you must learn the parts and participles of any language before you can become proficient in speaking it.
At Islip + Company we are not only proficient but fluent in the language of numbers.
We are capable of interpreting the data that is your financial transactions and gleaning from that data the reports and advice you need to make responsible choices that will advance your financial holdings.
That numbers really aren't their thing?
What they are really saying is that they don't speak the language of numbers.
Just like a foreign language, you must learn the parts and participles of any language before you can become proficient in speaking it.
At Islip + Company we are not only proficient but fluent in the language of numbers.
We are capable of interpreting the data that is your financial transactions and gleaning from that data the reports and advice you need to make responsible choices that will advance your financial holdings.
Historians have identified bookkeeping records from as early as 2000 B.C.
The Egyptians used these records to keep accurate accounts of the trades that were agreed upon.
The bookkeeping services provided today are not so different.
We are still using bookkeeping to keep track of the financial transactions we make in our personal and business accounts.
Bookkeeping services are recorded in single entry or double entry methods.
Often the type of entry used is determined by whether the bookkeeping is for a business account or for a personal account.
The Egyptians used these records to keep accurate accounts of the trades that were agreed upon.
The bookkeeping services provided today are not so different.
We are still using bookkeeping to keep track of the financial transactions we make in our personal and business accounts.
Bookkeeping services are recorded in single entry or double entry methods.
Often the type of entry used is determined by whether the bookkeeping is for a business account or for a personal account.
Are you aware that an estate is not determined by the amount of money you have or by the size of your home?
An estate is actually the totality of a person's belongings.
This is not limited to land or property but rather it is everything you own, including family pets.
From an accounting point of view an estate must be planned for by every individual.
Estate planning is such a big deal because it determines what will happen to your possessions in the event where you become disabled or die.
It is a myth, that in California if you die without a will your property becomes state property.
An estate is actually the totality of a person's belongings.
This is not limited to land or property but rather it is everything you own, including family pets.
From an accounting point of view an estate must be planned for by every individual.
Estate planning is such a big deal because it determines what will happen to your possessions in the event where you become disabled or die.
It is a myth, that in California if you die without a will your property becomes state property.
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