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Business Financial Statements
& Corporate Tax Returns

The firm prepares professional "review" and "compilation" financial statements for businesses. To strengthen familiarity and continuity with your activities, two staff members are assigned as contacts on all business accounts.

At the completion of the year-end file work, and prior to tax planning considerations, you are given draft financial statements to review. Prudent tax planning is applied with the assistance of our corporate tax planning checklist. This list consolidates the corporate tax planning strategies that we have generated over the years. An overall strategy is developed in consultation with you, bearing in mind the tax positions of you and your company.

Accompanying each final year-end financial statements is a management letter which:

• Summarizes and analyzes the year's results
• Summarizes and explains the tax strategy
• Gives reminders of actions to be carried out
• Suggests improvements to your accounting and business systems

The management letter includes a five year comparative analysis of useful operating ratios, along with explanations of their meanings, and an analysis of the change in profit from the prior year.

U.S. Taxation

For U.S. corporate tax issues, we maintain informal association with a Seattle-based CPA practice.