Our Services Financial Statements We will work with you to determine the appropriate level of service you require.  Whether it is a full-scale audit, a review, or a compilation of your financial statements, you can be assured that our experienced staff is always up-to-date on the most recent accounting and auditing pronouncements. We strive to present accurate financial statements in a timely and professional manner.  Helping you to use the statements in managing your business and increasing your profitability is an important aspect of our service to you. Tax Services Tax Preparation - We assist hundreds of individuals and businesses each year in the filing of their federal and state tax returns.  We prepare returns for individuals, partnerships, corporations, limited liability companies, estates, trusts, not for profit organizations and retirement plans.  Our extensive library and CD-ROM research services ensure that we research and apply all allowable deductions, exemptions and credits.  We also have the capability to file your return electronically. Tax Consulting - We are available year-round to consult with you on issues that may result in significant tax consequences.  We stress tax planning in order to develop strategies for minimizing your tax liability. Representation - We will be your advocate and will represent you before the Internal Revenue Service or other tax authorities.  We can assist you with delinquent tax returns, garnishments, levies, seizures, penalty removal and offers in compromise. Bookkeeping Our bookkeeping services include reconciliation of bank accounts, recording of receipts and disbursements, the preparation of a general ledger, trial balance, payroll tax reports, and preparation of compiled financial statements.  All quarterly and annual payroll tax returns can be prepared by us as well as W2's and 1099 forms. Our bookkeeping services can be customized to meet your specific needs and, in many instances, are less costly than employing your own staff. Business Valuations/Litigation Support Services We support the legal profession in and out of the courtroom by providing a full range of financial and litigation support services including the preparation of financial exhibits and expert testimony for matrimonial matters, business losses, business valuation, business dissolution and business mergers and acquisitions. If the need arises we can prepare a valuation of your business and provide expert testimony regarding business valuation issues. Bill McDavid has earned the coveted Certified Valuation Analyst (CVA) designation from the National Association of Certified Valuation Analysts (NACVA).  Less than 4,000 CPA's of approximately 300,000 nationwide have achieved this designation. Financial Planning Services Retirement - We will help you explore options and develop an effective strategy to minimize taxes and conserve capital in order to reach your investment goals for college, retirement, etc.  We currently have a network of financial planners and brokers that we work with to help you achieve your investment objectives.  As you consider new investment opportunities, we act as your sounding board and advisor. College - College tuition is probably the largest single expenditure you will make for your child.  Although everyone's financial situation is different, we can assist you in establishing a savings plan to assure that your child's future dreams and desires may be fulfilled.  As college enrollment nears, we can assist you in completing financial aid forms and applying for education loans. Estate - We will asssit you in developing a plan that minimizes estate taxes and maximizes your family's financial security.  We work with you one-on-one to help you pass on your accumulation of wealth to your family members.  We review your assets and assist you in developing a plan of family gifting, setting up revocable and irrevocable trusts and helping you with business succession planning. Portfolio Management Services McDavid & Company, CPA's is a Registered Investment Advisor with the State of Florida Department of Financial Services.  We manage portfolio's for individuals, corporations, retirement plans, trusts, estates, and charitable organizations. When it comes time to invest your hard earned dollars and you find it difficult to make investment decisions necessary to increase your wealth, our firm can help you reach your financial goals. We offer portfolios to match each client's investment objectives. We are only compensated with a fee based on the value of the assets under management. We sell no brokerage or investment products and accept no commissions - this eliminates advice tainted by a conflict of interest. We promote a disciplined investment style that avoids the instability of a market-timing strategy. As a CPA and Registered Investment Advisory firm, we adhere to a code of professional conduct and ethics and we have a fiduciary duty to our clients. Business Sales and Acquisitions We can help you find a buyer and negotiate the sale of your business through an affilitated business brokerage network.  If you need to purchase a business to provide income for your family, or make acquisitions for growth, we are uniquely qualified to assist you. Auditing Services Third parties relying on your financial statements often require an audit for assurance. In order to conduct an audit, we examine your company's financial statements in accordance with generally accepted auditing standards. An audit requires us to examine internal controls and to complete substantial testing of the information underlying the financial statements. We then document our opinion as to whether the statements are fairly presented in conformity with generally accepted accounting principles.