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Business Accounting Services
M.M. Winkler & Associates is a full-service CPA firm helping individuals with their personal taxes as well as helping small to medium sized businesses with their business tax needs throughout North Mississippi and the surrounding areas. Our clients include a wide variety of industries, such as banking, property management, farming, legal, trucking, retail and other professional services, in addition to governmental and not-for-profit entities.
Business Services
- Auditing & Other Attestation
- Financial statement users, such as stockholders, private investors, and creditors, need assurance that the statements reflect an accurate representation of the financial position of a company. Audits provide the highest level of assurance while reviews provide limited assurance. We provide auditing and review services for governmental, not-for-profit, and banking organizations, to name just a few. We can also assist in the preparation of financial statements and assessing internal controls.
- Tax Planning & Compliance
- The goal of tax planning is to maximize your after-tax income by minimizing your tax liability. We can help with arranging your financial affairs to legitimately minimize your tax burden. We frequently attend tax seminars to maintain our expertise in current tax law and new tax regulations. Let our expertise go to work for you.
- Cash Flow Management
- Very few small businesses are inundated with cash. Even successful, growing companies experience occasional cash flow problems. Because having cash on hand when it’s needed is so important, business owners must pay close attention to cash flow management. A good place to start is with a cash flow projection to help you predict when you’re likely to have cash and when you’re most likely to need it. We can develop short-term and long-term cash flow projections for you so you’ll be better able to develop the strategies that will meet your business needs. If you need a better understanding of where the money went, we can also build a historical cash flow statement. Cash flow management is an important tool in running a small business. We can help!
- Financial Statement Compilation
- Financial statement compilations represent the most basic level of service a CPA provides with respect to financial statements. Compilations are often prepared for privately-held businesses that do not require a higher level of assurance. When compiling financial statements, we present the information as a “representation of management” and express no opinion or assurance on the statements.
- Full-charge Bookkeeping
- Small business owners have a lot to do with just running their business and keeping it profitable. On top of those everyday to-do lists, being able to keep your own books can be a daunting and time-consuming task. We can take care of your books for you, so you can spend your time doing what you do best, running your business. Some of the tasks we can do for you include reconciling your bank account and generating a balance sheet and income statement. We can do this on a monthly or quarterly basis. You can also choose to use our payroll and tax preparation services, or any of our other services. We can tailor the services you receive to best suit your needs.
- Payroll Service
- All the functions of payroll preparation and tax compliance can be a headache for small business owners. The option of outsourcing your payroll is a cost effective way to use your own staff more efficiently by allowing you to focus on what’s most important to you – running your business. Let us handle all your payroll requirements. We can do it all - We’ll take care of everything from preparing the payroll checks, either printed or for direct deposit, to filing payroll tax deposits and filing all payroll tax returns, such as Forms 941, 940, W-2, W-3 and 1099s as well as those state tax reports.
- Or we can just help with those quarterly and annual filings to ensure that you are always in compliance with federal and state payroll tax requirements. For this option, we’ll take the payroll records you prepared and file the appropriate monthly, quarterly, and annual payroll tax reports such as state withholding and state unemployment forms.
- Accounting Software Support
- Our staff has a wealth of expertise on numerous accounting packages. We can lend a hand with implementation and technical support for your accounting software needs.
- IRS Audit Representation
- You can choose to handle an audit yourself, but you don’t have to. Our qualified accountants can represent you before the IRS. When the IRS letter arrives in the mail, give us a call. We can help!