Services

Sound Accounting is a full-service accounting firm offering timely and cost-effective financial management solutions for small businesses and individuals. We help small business owners and self-employed individuals strategically minimize their tax bills, reduce their audit risk, protect their personal assets, and enjoy peace of mind.

Income Taxes

Save Money On Taxes

Dealing with taxes can be a frustrating experience if you do not have the help of a certified tax professional. If you pay too little you end up with a tax bill at the end of the year. If you pay too much you may get a refund check, but that is money that could have been earning interest for you, not the government.

Tax professionals can help you utilize the current tax laws to save you money on your taxes and reduce the risks of getting audited.

Get the Personalized Help You Need

Here at Sound Accounting we have a personal practice with over 100+ collective years of tax knowledge to help you; we do not believe in a “one size fits all” approach. We know that everyone’s financial situation is unique and we personalize our strategies to your exact needs.

We offer the following:

Full-time CPA’s that are available year-round
Knowledgeable support staff
Remote access and flexible collaboration capabilities

Business Services

Business Valuations

No matter how long you have been in business, knowing the value of your asset is paramount. Business valuation services are recommended for mergers, acquisitions, or equity offerings but even if any of these actions are expected in the medium-term it’s best to understand your current baseline to utilize that information and increase the value ahead of a major event.

Conducting valuation analysis, whether a calculation of value or a full valuation report, can assist you in benchmarking your company alongside competitors, understanding the financial landscape, and outline future options, such as, succession planning.

Elizabeth Boonin maintains the ABV credential which has been in existence for seventeen years, and is widely recognized by users of valuation services as designating CPAs who have expertise and experience in performing financial valuations of a business, ownership interest, security or intangible assets.

Payroll Services

Payroll management is no easy matter. Federal, state, and local laws can be a complicated hurdle for business owners to clear. Our payroll professionals stay ahead of the curve on these laws and regulations and can alert you to changes that will affect your business and help you to navigate solutions that work for you and your employees.

Bookkeeping and Write-Up

A key factor in running a successful business is being able to measure your success over time. Accurate and timely bookkeeping is a fundamental building block to ensure you are charging enough for your goods and services to cover costs and realize the returns required.

At Sound Accounting we help with a range of bookkeeping needs from discounts on software, configuration, automation, oversight, and review. We provide guidance by reviewing your financials regularly to highlight successes and areas for improvement. Our accountants are Intuit Quickbooks Certified ProAdvisors and continue to stay current by obtaining additional certifications and attending seminars to ensure we are up-to-date on all of the changes within the industry.

Business Consulting and Management Advisory Services

We’re not just hired accountants, we’re business partners and we’re ready to help you handle any problem or opportunities that come your way to ensure the very best outcomes for the future of your business.

Whether you’re expanding, restructuring, or selling your business, we have the knowledge you need to help you make the best decisions possible.

Business Entity Selection Services & Startup Services

The type of business entity you choose for your business—be it LLP, LLC, sole proprietorship, partnership, corporation, or something else—has a direct impact on your tax liabilities. It is crucial to choose the correct one. Our team will break down each option for you and what their tax implications are. If you are just starting out, we offer start-up consulting and many other services such as accounting and management systems support.

Tax Planning

Benefits Of Tax Planning

Sound Accounting will help you strategize to get the biggest refund that you are possibly owed. Tax planning sets you up for future years to reduce your liabilities when tax time comes.

Our services help you:

Save taxes by staying up-to-date on current tax laws
Get the lowest tax liability using current tax laws
Create a tax planning strategy to minimize taxes throughout the year

Tax Preparation and Planning

Tax liability is greatly affected by how well you have planned and prepared. Our team of tax experts can help to minimize tax liability through proactive preparation and planning for both personal and business taxes. We know how your business affects your personal finances, and how your personal finances affect your business. It takes skill and expertise to discover all available tax planning opportunities. We use that expertise to your benefit and are always looking out for new ways to manage federal, state, and local tax liabilities.

IRS Representation

Facing an IRS audit can be a daunting situation. The complexities of the process leave plenty of room for confusion. If you or your company are being audited by the IRS, we can and will stand behind you. We will be on your side and provide you with our years of knowledge and experience dealing with tax audits and auditing procedures.

How We Can Help You Plan for Taxes

Create a plan to strategically exercise employer stock options to minimize taxes
We will check to see if there is not too big of a refund or a payment due at tax time. This could be caused by an incorrect amount of tax withholding taken out of your paychecks
See if contributing to a donor-advised fund can capture your current charitable giving, but also give you a nice tax deduction this year
Decide if a charitable remainder trust can greatly reduce your tax liability for a large life event such as selling your business

Wealth Management

Let Us Manage Your Financial Nest Egg

Sound Accounting will ensure that you are retiring comfortably with a comprehensive financial plan and our extensive wealth management services which include:

Asset Management
Investment Management
Offering a diverse portfolio of investment products ranging from stocks to mutual funds to annuities
IRA and 401k Rollover

Prepare Your Family for the Unexpected

There is more to wealth management than saving and investing. It is also important to prepare for the unexpected when thinking about your finances.

Sound Accounting can aid in that as well with services that include:

Life Insurance
Disability Insurance
Long-Term Care Insurance and more

Financial Planning

If You Find Yourself Asking…

Am I going to have enough money to retire?
Am I going to live longer than my savings?
Am I managing my assets the best way?

Let Us Help Guide You

Discover Your Financial Roadmap

Whether you own a business and are creating a plan for your employees or you’re putting together a retirement plan for yourself, we can help you come up with the right options to ensure that you are well provided for, something that is increasingly important in uncertain times such as these. It is our goal to connect you with a plan that is right for your financial situation.

Our business plan recommendations are based on the specifics of your company, as well as legal and compliance matters. We offer you plans that bring comfort for your future.

How We Can Help

Comprehensive financial planning for all of your needs
Independent research, which includes market research for 401k, assets, investments, etc.
Non-proprietary investments
College planning, wealth management, estate, wills and trust, protection planning, life planning, and holistic planning

Why You Can Count On Us

We have a financial advisor that is a part owner of the tax practice
We have 5 full-time advisors and licensed staff
Many of our advisors are on the premises during the tax season to answer all your financial planning and investment questions

Estate and Trust

Will, Estate, & Trust Tax Preparation

No matter who you are, estate matters affect you, and ignoring them today is a sure way to make your tomorrow more difficult. We can help you make things easier on your heirs during what will no doubt be a difficult time. We have a network of estate planning and elder care attorneys that can be referred to you. We are available to handle all estate and trust tax-related matters.

We Have The Resources to Help

We have estate planning and elder care attorneys that we work with directly. We play the quarterback and put all the professionals together to make sure every i is dotted and every t is crossed. Once the attorney drafts the documents we help make sure all your beneficiary designations are completed correctly and all the assets are properly labeled. We also make sure that these changes do not cause a tax issue currently or down the line.

Why You Are In the Best Hands

Rarely do you have an attorney that will come and meet with you at your financial advisor’s or CPA’s office and make sure everyone is on the same page. We have been working with our clients in this manner for over 20 years. Because we refer so many of our clients to our attorney, our attorney is very reasonably priced compared to the large law firms.