Rose Y.C. Huie, CPA provides a wide range of services to individuals and businesses in a variety of industries. At Rose Y.C. Huie, CPA, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:
- Tax Planning
- Estate and Trust Planning and Tax Preparation
- International Taxation
- Gift and Trust Tax Return Preparation
- Monthly Accounting Services
- Financial Statements
- Mortgage Refinance
- Cash Flow and Budgeting Analysis
- Debt and Finance Advising
- Asset Protection Planning
- Tax Preparation
- IRS Representation
- Payroll Services
- Sales Tax Services
- Accounting Services
- QuickBooks Accounting Help and Assistance
- Employee Hiring & Training
- Real Estate Purchases, Sales, or Exchanges
- Financial Projections and Forecasts
- Entity Selection and Restructuring
- Credit Card Processing Services
We prepare all individual, partnership, corporation, and non-profit organization tax returns from information you provide. We also prepare non-resident and out-of-state income tax returns.Our firm offers professional preparation of all federal, state, and local tax returns at competitive, affordable rates.
At Rose Y.C. Huie, CPA, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Rose Y.C. Huie, CPA's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well thought out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.
Rose Y.C. Huie, CPA's payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.
Whether you're a corporation with overseas operations or a business or individual needing to work out taxation of U.S. residents working abroad or foreign citizens working in the U.S., Rose Y.C. Huie, CPA can help you plot a course through cross-border taxation issues. There are many special rules and policies for businesses with a foreign presence. We can help you make sense of how you are affected by them.
Sales Tax Services
Our firm prepares all sales tax filings and offers full sales tax audit representation.
Gift and Trust Tax Return Preparation
Our firm provides expert preparation of federal and state gift, and trust tax returns.
We offer full compilation services for small to medium sized business and non-profit organizations.
Monthly Accounting Services
- Preparation of all business tax returns, such as sales tax, payroll tax, business tax, property tax, Form 1099, etc.
- Unlimited consultation on business, financial, and tax issues
- Preparation of monthly or quarterly financial statements
- Quarterly review of financial information with you to identify key issues to work on
We provide full-charge bookkeeping services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and receivables and payables tracking and analysis.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Rose Y.C. Huie, CPA's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation
- Litigation support
Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Rose Y.C. Huie, CPA can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Our firm prepares professional, GAAP-compliant financial statements as well as tailor-made financial analyses that can help business owners and managers eliminate inefficiency..
QuickBooks Accounting Help and Assistance
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.
Rose Y.C. Huie, CPA offers the following solutions to help meet your QuickBooks needs:
We train you personally! Either one-on-one or several individuals within your organization at your company's location.
We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.
We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.
Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.
Our QuickBooks service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the financial condition of your business. This may be conducted at any time, but monthly updates provide you with up-to-date information and feedback about your business.
If you are using Quickbooks to prepare your own financial statements, we can:
- Work with your in-house bookkeeper to resolve problems.
- Discuss and reconcile the financial statements generated from Quickbooks
- Reconcile your bank accounts.
- Prepare your quarterly and annual sales and payroll tax returns.
- Work with your outside auditors to prepare for the annual audit.
Our company offers a wide range of consulting services to help you improve business operations, boost efficiency, and increase the bottom line.
Employee Hiring & Training
Are you tired of hiring the wrong employee? We can help you define the job responsibilities and qualifications of the employees you need in your business and help to advertise, interview and select the best applicant for the position. Not only can we help you find the best employee, we can also help you set up systems and procedures to train your employees to be more efficient, productive, and have more fun in their work and help you bring in more business.
How do you know when the time is right to refinance? Aside from why you would wish to refinance – debt consolidation, investment, luxury, or emergency need, refinancing your mortgage should always be considered in the context of not only your overall financial picture, but also of the general economy. Market conditions such as rates and terms are important to watch. We watch the market continually so that we can advise you when to act.
Real Estate Purchases, Sales, or Exchanges
Your greatest investments will probably have something to do with real estate. Most families have real estate as the center of their wealth-building strategy. With this in mind, it is crucially important to consider the effects of all aspects of your financial situation as they bear on your property. Also, transactions have tax consequences that may not be obvious. We are here to help you minimize your tax liability, maximize your retention, and build your assets.
Cash Flow and Budgeting Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Rose Y.C. Huie, CPA can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, rebalance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
Financial Projections and Forecasts
No one can predict the future perfectly, but we can all benefit from planning for it. Rose Y.C. Huie, CPA combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.
Debt and Finance Advising
Whether your needs are corporate or personal, Rose Y.C. Huie, CPA's professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Rose Y.C. Huie, CPA can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Asset Protection Planning
Do you know if you have provided adequate protection for your loved ones and your assets in case of unexpected mishaps? Or are you over-insured? We can help you to review your life insurance needs for asset protection, retirement planning and estate planning. We can help you to look for the appropriate health, disability and long term care insurance for your family.
Credit Card Processing Services
Are you concerned that you are paying too much for your current credit card processing services? We can analyze and review your current credit card merchant statements and see if we can save you money without up front fees or annual contracts and even provide you with a free credit card processing terminal. All proceeds will be deposited directly into your bank account.