Haran & Associates Ltd provides a wide range of services to individuals and businesses in a variety of industries. At Haran & Associates Ltd, 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 and Preparation
- Accounting Services
- QuickBooks Accounting Help and Assistance
- Entity Selection and Restructuring
- Computer Consulting
- Financial Projections and Forecasts
Tax Planning and Preparation
At Haran & Associates Ltd, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize tax liabilities, maximize 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. Whether you are an Individual, Sole Proprietorship, LLC, Partnership, Corporation or Non-Profit Corporation, we can assist you with all of your tax needs.
- Tax Preparation of Individual, Partnership and Corporation Tax Returns
- Tax Preparation of Estate and Trust and Gift Tax Returns
- Tax Preparation of Non-Profit Corporation Returns
- Tax Planning for Individuals and Businesses
- Retirement Plan Funding
Audits, Reviews, and Compilations
Haran & Associates Ltd’s practice provides audit, review and compilation services for many diversified industries including, but not limited to, affordable housing developers and owners, market rate real estate, commercial real estate developers, construction, medical practices, retail services, insurance agencies, ERISA plans, health care and academics.
Our practice provides audit, review, compilation, cost certifications and consulting services to for-profit and non-profit entities. The services provided to the real estate industry include:
- Conducting financial statement audits required by government agencies and investors.
- Help in the development and review of applications for tax credits, tax-exempt bond and other programs.
- Review compliance requirements for tax credit projects and HUD-insured mortgages including performing cost certifications for owners and contractors.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Haran & Associates Ltd’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, 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
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
Assurance and Advisory Services
At Haran & Associates Ltd, we focus 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. Our 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. Our assurance services will improve information quality or its context, meaning more success for your business.
These services include but are not limited to:
- Audits, reviews, and compilations
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Financial projections and forecasts
- Debt and finances advising Mergers and acquisitions
- Transaction structuring
- Business succession
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.
We assist new QuickBooks users with initial setup including installation on your stand-alone computer or on a network environment, as well as the initial setup of your books and records. 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 review service helps companies that can perform the daily accounting tasks but that need an accounting professional to review their transactions and reports to ensure that their information is reliable. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business.
Accurate record-keeping Is essential to a successful business yet can also be complicated and time consuming. Haran & Associates Ltd can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
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, Haran & Associates Ltd 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.
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.
As technologies rapidly advance, companies increasingly need to update their computer systems. Haran & Associates Ltd can review your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. We also offer ongoing hardware & software support, both onsite and remotely.
Cash Flow and Budgeting Analysis
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Haran & Associates Ltd 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, re-balance 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. Haran & Associates Ltd 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.
Mergers, Acquisitions, and Sales
Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Haran & Associates Ltd can provide professional know-how to help you successfully structure and negotiate the deal. Haran & Associates Ltd employs careful analysis and due diligence to pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.