Our Services

Bookkeeping


At Girish Mehta CPA, we can do the monthly bookkeeping for you at a fraction of the cost of a full time employee.

Should you be putting your resources and time into keeping books or should you be working on ways to boost your business?

We think the latter makes more sense. Whatever be your bookkeeping needs, Girish Mehta CPA can cater to it.

What we can do for you?

We provide a monthly bookkeeping service which includes:

  • Recording revenue and expenses
  • Reconciliation of your bank accounts
  • Generation of Income Statement and Balance Sheet
  • Recording journal entries
  • Generating cash flow statement
  • Generation of P/L statement, both current and previous for comparison purpose.

Make a wise decision for yourself and your business today. Give us the opportunity to manage to your books and devote your time in managing your business. We will provide you with sound and timely financial information so that you can take the crucial decisions for your business. Whenever you have queries, we will be there to answer them for you.

It doesn’t matter if you are a start-up business, a growing company or an old player in the business world; we have the expertise to help you. Our services are prompt and timely. Our staff is knowledgeable and keeps themselves abreast with the latest rules and regulation. When you hire our book keeping services, you never have to worry about maintaining order in the books. We do it all for you and that too for a very affordable fee.

Accounting


As a business owner, you need to get regular useful information from your accounting department, so that you can run your business operations efficiently.

Do you know what your cash flow position is? Are you abiding by the federal and state laws? Does your accounting department need support?

At Girish Mehta CPA, we come to your help. We can provide you with accounting solutions that will maximize the efficiency of your company’s accounting department. We offer accounting services to individuals and organizations of all sizes, right from start-ups to established businesses.

As a part of our accounting services we will

  • Do the reconciliation of your bank account.
  • Generate an income statement
  • Generate balance sheet
  • Keep you ledger in order

Wondering how these tasks can help you? Here is how:

  • Bank Reconciliation

By reconciling your business account every month you will be able to keep your bank account, accounting, and taxes up-to-date. It will also help you in identifying any lost cheque, unjustified bank charges and detect any fraud. It will give you an idea of how your business is doing and how you can manage your funds more effectively.

  • Income Statement

With an income statement you can track revenues and expenses so that you can determine your tax liability and how your business is operating.

  • Balance Sheet

A balance sheet can give you an idea of the financial condition of your business at any said moment. You will be able to quickly know about the financial strengths or weaknesses of your business and act accordingly. Income statements and balance sheet are the two most important elements of financial reporting.

  • Keeping General Ledger in Shape

The general ledger constitutes the central "books" of your financial system. Every transaction flows through it and that is why it is important to keep them in shape. By reviewing it on a monthly basis, any discrepancies can be fund and rectified.

If these accounting tasks are done right, it will pave way for a robust accounting system in your business. Let us help you in the same. Get in touch with us today for a free consultation.

Individual Tax Return Preparation


Tax return preparation is a task that is best level to experts. Of course, using tax preparation software to help in individual tax return preparation makes sense, but to tell you the truth, there is no substitute for the sound advice of an experienced tax professional. When the wealth of an individual is invested through different channels, it may become difficult to keep track of all the tax laws that govern the investment. In such cases, making mistakes in tax return is easy. The bad news is that such mistakes can incur you costly penalties. So, you need an expert that will guide you in complying with tax laws and can offer you sound and accurate individual tax return preparation services.

At Girish Mehta CPA, we serve various types of individual tax clients. They include high net worth individuals, executives, business owners, etc. Since, all of them are from diverse background they have different financial goals. However, one thing that is common is that all of them want to have maximum savings and minimum tax liability whilst complying with the law.

We can offer you sound and accurate advice and can file the tax return for you. We understand your financial goals and can work closely with you to develop strategies that will minimize your tax risk and impact. We file tax returns electronically which enables our clients to get refunds quickly. By hiring our Individual Tax Return Preparation, you will have the peace of mind in the knowledge that your tax return is being handled by experts; who will do the job efficiently while keeping in mind your financial objectives.

Want to know more about our tax return services, please feel free to contact us for a free initial consultation.

Partnership Tax Return Preparation


Partnership Tax Return preparation service is one of many tax return services that we offer at Girish Mehta CPA. With the experience we have gained by serving a wide range of clients has enhanced our expertise and has enabled us to offer accurate and sound partnership tax return advice.

With careful planning, our goal is to make the process of preparation the tax returns for your partnership firm as easy as possible and minimize your tax liability while complying with all the tax laws for partnership firm. At Girish Mehta CPA we like to keep ourselves updated with the latest happenings and the constantly changing tax laws, so that we can offer our clients, the most accurate advice on tax preparation.

When you hire us for Partnership Tax Return Preparation services, you can discuss your tax preparation needs in person at our office, over phone or via e-mail. Remember, the first consultation is free, so do not hesitate to contact us. One simple call can change the financial future for your partnership firm.

Corporate Tax Return Preparation


For a novice, corporate tax return preparation can be a very cumbersome affair. That is because the U.S tax laws are quite complicated. It is quite easy to miss the credit and deductions that you should avail of as a business. As a result of it, it will cost you more money than it should.

At Girish Mehta CPA, we offer accurate and efficient corporate tax return preparation. It doesn’t matter whether your business is a start-up, or an established one, whether it is small or big, we provide comprehensive tax return preparation services for businesses of all sizes. Our clientele includes non-profit organisation, private start-ups as well as public companies. That is why we have the necessary expertise and experience that can help you in sailing through the operational and financial challenges that matters to your business most. From ASC 740 tax provision to FIN 48 analysis, we are well versed with the tax laws that can apply to you.

We follow a very result driven approach that is designed as per the tax needs of our clients. Whether you need a simple tax compliance work to be done or you need an integrated plan that includes tax planning for a whole financial year as well as filing of the corporate taxes, you can surely trust our advice and expertise. We ensure you that we will abide by the law and work wholeheartedly to plan your tax impacts and risks and hence maximize your savings.

Feel free to contact us for a free initial consultation.

Tax Planning


Everyone, be it an individual or a business entity wants to keep their tax liability low. That is the only way one can have the money they need to grow and maximize their profits. In order to achieve these ends, one of the most important steps is tax planning. For that it is imperative that you hire the tax planning services of a qualified and experienced tax professional.

At Girish Mehta CPA firm, we are here to offer you impeccable tax planning strategy advice and help you in taking advantage of every possible deduction. We are a professional CPA firm with a good experience in tax planning and compliance for both businesses and individuals. By hiring or services for your tax planning, we can help you in saving the most money on your taxes.

As a part of our tax planning services we are constantly in the search of ways to minimize your tax liabilities. Our well planned tax strategies will help you in keeping your effective tax rate low.

We know that you have worked very hard for the money you have earned. That is why we are here to help you in designing innovative tax plan with the aim that you can keep more money in your pocket. We are well versed with the laws, rules and regulations that govern individual taxpayers and businesses. So, you can be sure of the accuracy of the advice we offer you. We assure you that all your tax liability will be calculated as per the current tax norms.

For a free initial consultation, get in touch with us today.

Payroll (complete)


The payroll function of a company is one of its most important works. But, at the same time it is also one of the most time-consuming tasks to be doing in-house. That is the reason why wise business owners are outsourcing their payroll department. That way, they do not have to waste their valuable time and energy in processing and calculating payroll, printing and distributing cheques, preparing reports, etc. All these tedious works can sap the resources of their company, which can otherwise be utilised in some other more productive work.

At Girish Mehta CPA, we have payroll processing solutions that can save your time and can make running your business bit easier. We understand how critical this aspect of your business is - You need to pay different types of salary to different types of workers and there are rules and procedures that needs to be complied when calculating payroll tax and filing payroll returns. That is why we offer comprehensive payroll processing solutions which take care of every single thing included in payroll.

  • We take the responsibility of submitting all your federal and state tax deposits and returns on time.
  • We prepare the W-2s and 1099 with precision for you.
  • We help you integrate payroll with your books of accounts

Other payroll issues like unemployment claims, worker’s compensation audits, etc., are also handled by us on your behalf. We also submit detailed payroll reports so that you are always aware of the work we are doing.

We offer customized payroll packages that meets your need. So, feel free to get in touch with us to discuss the same. Our payroll processing fees are quite affordable. So, it is definitely a win-win deal for you.

Sales Tax Returns and Audits


Not filing sales tax returns may lead you to a pit of problems. So, if you are responsible for collecting and submitting taxes for your business, make sure you do it time.

Often clients come to us for rescue when they receive a sales tax audit letter. The fact is a sales tax audit is undesirable to say the least.  It could be a co-incidence that your business is selected for a sales tax audit, or it can be that there were some events that triggered the audit. While we do help businesses in managing sales tax audit, we always recommend that you give the responsibility of filing sales tax returns to experts like us. So, that the situation of an audit is best dealt with. There are many reasons why you may receive an audit letter and the most common ones include: failing to report sales tax; consistently filing your sales taxes late; non-compliance with sales tax laws, reporting substantial exempt sales, etc.

If you ever find yourself with a letter of sales tax audit, don’t worry. We, at Girish Mehta CPA can help you prepare for the audit by developing an audit strategy that suits your operations. We will take care of the audit process, allowing your business to operate smoothly. As the audit proceeds, we will monitor the auditor’s work papers, present rebuttals, and propose adjustments. We will make sure that the audit conclusion works for you.

At Girish Mehta CPA, we can also take care of filing sales tax returns for you, so that you can take care of other important areas of your business. Every year we file several sales tax returns for our clients and hence, we know how to go about it. We are well versed with sales tax laws and can report and file your sales tax efficiently and on time. Give us this responsibility and give your worries a rest.

Get in touch with a free consultation where you can discuss your sales tax returns or audit needs.

IRS and State Audits


Nobody really wants to face an IRS or State audit. That’s why when you receive a letter of IRS audit in the mail, you may get frightened. Most people think that IRS audits are energy-sapping, stressful and it is going to bring you a hefty monetary penalty. Well, all of that is not really 100% true.

At Girish Mehta CPA, we can help you in surviving an IRS or State audit. We have a lot of experience in helping clients’ complete IRS audit without too much stress and disruption of their normal business activities. We help our clients in organizing their return to show the auditors their position to the best advantage. We help our clients in giving the information required by the auditor in a simple and straight forward manner.

An audit requires one to gather several records from the past and present which can substantiate each and every item reported on your tax return. The auditor is likely to leave no stone unturned to find out the accuracy of your tax return. They are trained to extract more information from you than you have a legal obligation to provide. With us by your side to help you in the process of the IRS audit, things will not be so stressful and frightening. We can handle it all for you. Most of the times, we deal with the IRS on our client’s behalf, which means no lost business or wages.

Don’t hesitate to contact us for a first free consultation and leave the rest to the experts.

Business Entity Consulting


It is great news if you are thinking of setting up your own business. In order that it is successful, what you need is a concrete plan of action. There are common pitfalls that your should be surely avoiding.

At Girish Mehta CPA, we help you in starting your own venture successfully. The first step is to choose a right Entity for your Business. We can help you in preparing an initial business plan. Here we can outline how you can to go about the marketing, management, and financing your business. A lot goes into managing your business – right from deciding how much capital you will need to start with, evaluating how much loan you can get from banks if needed, which business structure will be best from the point of view of tax advantage, preparing a cash flow budget, applying for state and local licenses and permits, filing application for your Federal Employer Identification Number, etc.

The list can be quite long. So, it is likely that you might forget something important, if you do not follow an organized plan. Here is where our firm can help you.  Remember, we are not lawyers. So, all legal documents you draw up for your new business will need to be reviewed by your legal counsel.

There can be times, when the business you start is not as successful as you would like and you will eventually need to wind it up. That’s where the corporation dissolution services come into play.  It is important to properly dissolve the company; else you might have to face potential filing penalties from the government. In the dissolution process, we will finalize your books and records and account for the closing of your business. We will also assist you in filing your final income tax returns, payroll tax returns, etc.

Whether you need our services for giving a good start to your business or you need us to smoothly dissolve it, we can do it both efficiently for you. Just get in touch with us if you ever need our services.

At our firm, we have a single goal and that is to provide our clients with best financial advice and service and that too for a very affordable fee.
We offer a complete range of accounting, tax planning, tax return, financial consulting services and much more, to meet the need of our clients.
From general accounting and payroll services to tax preparation, IRS audits and financial statements preparation, we at Girish Mehta, CPA are always at your service.
Feel free to browse the list of services we offer. If you need our help in any of those areas, please do not hesitate to contact us for a free initial consultation.