It has been nine years since I moved my dental practice to Cape Cod. Initially I was working with a CPA firm,a payroll service and trying to find time to do bookkeeping in house. I must say that after meeting with you and getting all these services under one roof, my life has become much easier. The ability to make one phone call for a tax question, a payroll change or bookkeeping concern has given me much more flexibility to focus on doing the business of dentistry. I think that it is imperative that the CPA I work with has all this information when I need financial advice.
Thanks to you and your professional staff, I have been able to find time to both expand my business and spend more time with my family.
Timothy McAdams D.D.S.
Triple Play Car Wash LLC is a multi-profit center business located in Attleboro, Massachusetts. We operate a high volume car wash, a Valvoline Express Care oil change facility, an automobile detail center, a large convenience store with a Dunkin Donuts and a Deli as tenants and a fourteen pump Mobil Gas Station.
Steven M. Ellard CPA has advised us on matters ranging from unique depreciation rules in our business to bank financing. We also use their ongoing services for bank account reconciliation, balance sheet reviews, financial reporting and tax returns.
We have been especially pleased with Steve and his staff in the area of management reporting. We have one legal entity with a need to analyze the business five different ways. Steve and team have produced monthly Profit and Loss Statements by department which dramatically improves our ability to manage our business. They have also created pricing analytic reporting and margin analysis tools.
We view Steven M Ellard CPA as both an Accounting Office to keep our statutory requirements in compliance with the IRS and our Bank, as well as a Business Partner and Advisor that focuses on business growth and improvement.
Triple Play Car Wash LLC highly recommends Steven M Ellard CPA to support and improve your business!
Craig T. Lichtenstein
Triple Play Car Wash LLC
For many business owners, September tends to bring a bit of a slowdown. The chaos of getting kids prepared for going back to school has passed, and a focus on saving money tends to kick in as people prepare for the coming holiday spend. Combined, this can often translate into a lull for business owners.
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.