At Shalom Consulting Group and our SCG Accounting team, we recognize that accurate, well-organized financial information is critical to your corporate or personal financial health. Our detail-oriented and insightful staff is committed to providing the comprehensive reports, analysis, and services you need to manage your finances and assess your financial position. We offer meaningful cost-effective accounting services from bookkeeping services to financial statement preparation to financial analysis to help you to manage your finances efficiently and accurately.
Cloud-Based Accounting System
We leverage the power of the cloud to offer an accounting system that allows us to work collaboratively with you, our clients, minimizing costly and time-consuming errors and maximizing efficiency. This highly-customization system gives you as much or as little direct involvement in your accounting and bookkeeping processes as you like – anything from simply entering checks and deposits to handling advanced bookkeeping transactions. Because you use the same system we use to analyze your trial balance and prepare your financials, this cloud-based system is safe, secure, and eliminates the time-consuming process of transferring data back and forth, for maximum efficiency and flexibility.
Tax Accounting/Write-Up Services
To succeed in business, you need to know where you are, financially. Well-organized, accurate financial records help your business run more efficiently and are fundamental to the business decisions you are called upon to make every day. Shalom Consulting Group has the expertise to provide thorough tax accounting services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and tracking and analysis of receivables and payables balances to help you keep your financial information accurate and up-to-date.
Reconstruction of Accounting Records
At Shalom Consulting Group, we offer tailor-made forensic tax accounting services, including reconstruction of financial records, asset tracing, expert analysis, reporting, and testimony in areas such a tax controversy, divorce, and business disputes. As specialists in the field, Shalom Consulting Group has often consulted during matrimonial disputes, partnership dissolutions, and estate disputes, to provide business valuation services or to uncover malfeasance and financial irregularities, and we bring a wealth of knowledge and experience to every engagement.
Payroll Tax Compliance Services
Payroll processing doesn’t end when paychecks are issued. Even if you handle the actual paychecks yourself, the tasks associated with payroll processing – collecting and maintaining employee data, calculating taxes, benefits, and withholding, reporting unemployment taxes, managing allowances and deductions, filing multiple quarterly and annual state and federal payroll tax forms, on-time payment of payroll taxes, and payroll reporting – can be time-consuming, confusing, and complicated. At Shalom Consulting Group, our expert staff understands the complexities associated with payroll processing, and will seamlessly and reliably handle the necessary calculations, file the appropriate forms, comply with the applicable regulations, calculate and pay the required taxes on your behalf, and collect and issue comprehensive reports to help you maintain an accurate and thorough picture of your payroll costs.
Employee Benefit Plan Design Services
The employee benefit plan landscape has changed dramatically over the last few years, and our staff of specialists is committed to helping you navigate these changes. We can design and prepare your employee benefit plan documents for ERISA and tax compliance, and we can help you to understand your workforce, your objectives, and the advantages and deficiencies of your current employee benefit plan, analyze the marketplace with your specific requirements in mind and uncover the best fit for your objectives and employees. At Shalom Consulting Group, we strive to provide creative, comprehensive employee benefit plans and can help you weigh the complex benefits and costs posed by today’s qualified and nonqualified pension and profit-sharing plans, including 401(k), SEP, SEP IRA, life insurance, and health insurance plans.
Solo 401(k) & Safe Harbor 401(k) Recordkeeping Services
Once you have established a Solo or Safe Harbor 401(k) plan, you will assume certain responsibilities in operating the plan one of those responsibilities is maintaining good records in accordance with ERISA recordkeeping guidelines. At Shalom Consulting Group we can help you stay ERISA compliant and assist you with Third Party 401K Recordkeeping services. A 401k Recordkeeper is essential to operating a compliant 401k plan, and will essentially fulfill the role of the bookkeeper of the 401k Plan. We can show the allocation of assets in your plan to plan participant accounts and file the annual Form 5500.
Corporate Tax Preparation Services
At Shalom Consulting Group, careful tax planning is an essential step in the preparation of our corporate and business clients’ income taxes, and we strive to minimize your tax liability to improve your profitability. Whether you are a large firm or small, established business or start-up venture, we have the knowledge and experience to offer expert tax preparation services and to help you to find the best possible strategies for reducing your tax liability within the limits of the law.
Estate, Gift, and Trust Tax Preparation Services
Shalom Consulting Group provides expert preparation of complex federal and state estate, gift, and trust tax returns, as well as offering comprehensive and knowledgeable assistance with the tax implications of your estate plans, business succession plans, and gifting strategies. We can advise you about the efficacy and tax implications of a number of estate planning strategies including irrevocable trusts and charitable giving strategies. We constantly strive to maximize the value of your estate, gift, or trust, and to protect your heirs or beneficiaries from confusion, uncertainty, and the distraction of unforeseen estate tax levies.