Services

At Travis H. Long, CPA, Inc., clients are guided 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. The firm's expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. Travis H. Long, CPA, Inc. is knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Travis H. Long, CPA, Inc.'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 review (Monthly, quarterly, or annual)
- Accounting system setup and support
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation
- Litigation support

The firm can set up financial reports for your view to streamline your business and save your valuable time. These reports are important tools that can guide your business in making financial decisions, planning, and evaluating performance.

At Travis H. Long, CPA, Inc., the firm focuses on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law.

These services include but are not limited to:
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Financial projections and forecasts
- Debt and finances advising
- Transaction structuring and negotiations
- Business succession

Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Travis H. Long, CPA, Inc.'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. Travis H. Long, CPA, Inc. will work side-by-side with your estate planning attorney to ensure all options including tax impacts are balanced with other aspects in your estate plan. Due to the firm's experience with estate and trust administration, when the time comes, Travis H. Long, CPA, Inc. can assist your attorney with many aspects of administration that may be sufficiently handled by a CPA and typically saving money for the estate.

Travis H. Long, CPA, Inc.'s goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. The firm can work with your investment professional to guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Travis H. Long, CPA, Inc. can ensure that your portfolio will take into account tax implications for an advantageous after-tax return.

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. Travis H. Long, CPA, Inc. doesn't just help you use the software, the firm help you use it more efficiently and more effectively.

Travis H. Long, CPA, Inc. offers the following solutions to help meet your QuickBooks needs:

Personal Training- Travis H. Long, CPA, Inc. trains you personally - either one-on-one or several individuals within your organization at your company's location.

Installation- The firm installs QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.

Setup- The firm assists new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. Travis H. Long, CPA, Inc. also helps 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.

SupportReview- The firm's QuickBooks review 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 review ensures that you receive timely, relevant and reliable financial information. The firm also informs you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Travis H. Long, CPA, Inc. can advise you on choosing an entity type and later restructuring if advantageous. With the firm's knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.

Professional representation can be vital during an audit, and Travis H. Long, CPA, Inc.'s experience with tax authorities enables the firm 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 the firm can put many of your worries at bay. Travis H. Long, CPA, Inc. is ready and willing to answer any and all questions the IRS may be asking of you.

Choosing and administering benefit plans for your employees is often a complex process. Travis H. Long, CPA, Inc. can work with your investment professional to help you develop, implement, and administer your benefit, retirement, and profit-sharing plans with an eye toward rewarding your employees and reaching your company's financial and business goals. The firm can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business.

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Travis H. Long, CPA, Inc. 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. The firm 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 Travis H. Long, CPA, Inc.'s help and guidance, you will always be on top of your finances and ready for the future.

Whether your needs are corporate or personal, Travis H. Long, CPA, Inc. 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, the firm's expertise may be able to save you money and/or lower your payments.

No one can predict the future perfectly, but we can all benefit from planning for it. Travis H. Long, CPA, Inc. 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. Travis H. Long, CPA, Inc. makes 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.

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Travis H. Long, CPA, Inc. can help you with the organization and accuracy of your bookkeeping through monthly, quarterly, or annual reviews of the bookkeeping work so that you can focus on your core business. Travis H. Long, CPA, Inc. can also be a resource when your bookkeeper is unsure how to book transactions or has other issues running the software.

Travis H. Long, CPA, Inc. as the knowledge and resources to prepare court accountings for probate, trusts, conservatorships, and guardianships.