CORPORATIONS
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We provide the following services for corporations:
Income tax preparation
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Limited Liability Corporations and Partnerships - prepare Form 1065, state returns and associated K-1s
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S-Corp - prepare Form 1120S, state returns, and associated K-1s
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C-Corp - prepare Form 1120 and state returns
Business consulting
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Business entity selection (e.g. LLC, S-Corp, C-Corp) - advise clients on the best form of incorporation for their business based on an understanding of client's tax strategy, financing strategy, business strategy and ownership/voting rights.
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Financing needs - advise clients who have needs to borrow funds for growth and acquistions. This includes introductions to lending officers and assisting with financial data and business plan preparaton/updates.
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Business analysis and analytics - transform client transactional data into key metrics for analysis and reporting.
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Business plans and projections - assist clients with preparing or updating the business, industry and financial sections of their business plans.
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Internal control reviews - identify key internal controls, test the effectiveness of the controls and recommend how to strengthen internal and monitoring controls.
Bookkeeping, accounting and employment services
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Financial statement preparation
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Account reconciliation and monthly bookkeeping
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Prepare employment forms for FUTA, SUTA, Form 941
Approach to client service
MFS primary focus is excellent client service which includes:
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Accurate and timely tax preparation and consulting services;
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Update tax and financial projections periodically throughout the year keeping you informed of how changes in income and finances impact your tax liability;
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MFS has developed a strong network of professionals such as wealth managers, attorneys and bank officers to assist clients with personal financial planning; estate planning; bank financing; employment and legal issues; etc.
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Always available to clients for their questions and needs