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Business and Non Profit

Bates, Chamberlain & Associates, LLC provides a wide range of services to businesses and non profit organizations in a variety of industries. 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 business services include:


Tax Preparation and Planning

At Bates, Chamberlain & Associates, LLC, we guide our clients 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. 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 provide tax planning and preparation services for business entities including corporations, S corporations, partnerships, trusts, estates, and tax exempt organizations.

Assurance and Advisory Services

At Bates, Chamberlain & Associates, LLC, 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 many challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality and its context, meaning more success for your business.

These services include but are not limited to:

  • Audits, reviews, and compilations
  • Entity selection and restructuring
  • Financial projections and forecasts
  • Debt and finance advising
  • Mergers and acquisitions
  • Transaction structuring and negotiations
  • Business succession

Audits, Reviews, and Compilation

Bates, Chamberlain & Associates, LLC's financial statement services comprise all three levels of assurance depending on your company's needs.

Audits offer the highest level of assurance to third parties and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.

Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.

Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.

Accounting Services

From start-ups to established enterprises, owners and management rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. At Bates, Chamberlain & Associates, LLC, we provide accounting services to steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues. These services include but are not limited to:

  • General ledger and financial statement preparation
  • Bookkeeping (monthly, quarterly, or annual)
  • Accounting system setup and support
  • Payroll processing
  • Cash flow budgeting and forecasting
  • Employee benefit and profit-sharing plans

Cash Flow and Budgeting Analysis

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. To a business entity, cash flow can be a determining factor in a Company's sustainability and growth. We can help you analyze your spending and re-balance your budget and/or debts for optimal cash flow to support your business' success. This plan could be revisited as you move forward to consider changes in your business structure and to ensure that you are continuously operating at an optimal level. With our help and guidance, you will 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. Bates, Chamberlain & Associates, LLC 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. Depending on your needs, our work can range from top-level reports to detailed financial models.

Bookkeeping/Write-Up

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Bates, Chamberlain & Associates, LLC can help you with this task on many different levels so that you can focus on your core business. Our bookkeeping/write-up services can be customized to fit your unique needs and may include the following:

  • Annual review of your books and records
  • Annual, quarterly or monthly review and reconciliation of your books and records
  • Day-to-day tasks of bookkeeping
  • Consulting and training to support your staff in completing the job in the most efficient and effective way possible

Entity Selection and Restructuring

Your selection of business entity type has a large impact on your taxes and other liabilities. From your Company's inception through its growth and development, Bates, Chamberlain & Associates, LLC can advise you on choosing an entity type and restructuring if applicable. With our knowledge and expertise, you will receive the most advantageous entity type for the functions your business performs.

IRS Representation

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 find with our firm will put many of your worries at bay.

QuickBooks Accounting 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.

At Bates, Chamberlain & Associates, LLC, we offer the following solutions to meet your QuickBooks needs:

  • We can help you to select and install the most suitable QuickBooks software for your business needs.
  • We can setup and customize your company file based on your specific needs.
  • We can help train both new and experienced QuickBooks users to get the most out of the software.
  • If you are having trouble using QuickBooks, we are just a phone call away and more than happy to assist in solving your problem.
  • We can review your QuickBooks file on a periodic basis to ensure that it reflects the correct financial condition of your business.

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