Our Services Include:
Accounting: CBB performs accounting services for businesses of all sizes. These services include, but are not limited to general bookkeeping, payroll preparation, financial statement analysis, reconciliations, and cost accounting.
Tax preparation and planning: KRAC performs tax return preparation for individuals, estates, non-profit organizations, partnerships, and corporations. No matter what your situation, our staff can accommodate your tax needs. In addition, we have tax planners available to assist in assembling a proactive plan to help create the most effective methods of dealing with your potential tax liabilities.
Business Planning & Licensing Preparation: KRAC can design your business plan and construct financial reports and projections on behalf of your organization. We offer the service of assembly and submission of licensing requirements on a local, state, and federal level. We specialize in Virginia ABC reporting requirements, meal tax reporting, and state sales tax requirements.
Audit Review: Utilizing the knowledge gained during our time spent as auditors at two of the top four public accounting firms in the world, KRAC will review your accounting documentation as well as policies & procedures. Then, we will make the suggested changes necessary to aid in smoothing the audit process, and the possible reduction of potential management review comments.
Tax preparation and planning: KRAC performs tax return preparation for individuals, estates, non-profit organizations, partnerships, and corporations. No matter what your situation, our staff can accommodate your tax needs. In addition, we have tax planners available to assist in assembling a proactive plan to help create the most effective methods of dealing with your potential tax liabilities.
Business Planning & Licensing Preparation: KRAC can design your business plan and construct financial reports and projections on behalf of your organization. We offer the service of assembly and submission of licensing requirements on a local, state, and federal level. We specialize in Virginia ABC reporting requirements, meal tax reporting, and state sales tax requirements.
Audit Review: Utilizing the knowledge gained during our time spent as auditors at two of the top four public accounting firms in the world, KRAC will review your accounting documentation as well as policies & procedures. Then, we will make the suggested changes necessary to aid in smoothing the audit process, and the possible reduction of potential management review comments.
Temporary Staffing: Has the expansion of your business left you with little time for getting the routine office requirements done? Or, is the cost of a full time staff person more than your budget can handle? Let us help! Projects as short as a month, or as long as a year are not a problem for our staff. We work in areas including data entry, file organization, installation of new software, bank reconciliations, payroll preparation, as well as financial statement preparation and analysis. We realize you time is valuable. KRAC can keep your back office organized while you tend to the global tasks.
"Fiscal Fitness" Reviews: Thinking of applying for a business loan? Maybe you're trying to analyze the growth trends and sustainability of your different revenue streams. Whatever the analysis task, we can achieve it. KRAC provides detailed analysis and explanation of income statements, balance sheets, cash flow statements, and secondary financial statements.
Our Fee Structure: The initial consultation to discuss and assess your needs is done at no charge. Afterwards, a detailed proposal of the work to be performed, as well as the fees associated will follow. Once a proposal has been accepted, a contract is created and a retainer fee equal to one months' charges is collected. The retainer is returned at the end of the contract period once all invoices have been settled.
"Fiscal Fitness" Reviews: Thinking of applying for a business loan? Maybe you're trying to analyze the growth trends and sustainability of your different revenue streams. Whatever the analysis task, we can achieve it. KRAC provides detailed analysis and explanation of income statements, balance sheets, cash flow statements, and secondary financial statements.
Our Fee Structure: The initial consultation to discuss and assess your needs is done at no charge. Afterwards, a detailed proposal of the work to be performed, as well as the fees associated will follow. Once a proposal has been accepted, a contract is created and a retainer fee equal to one months' charges is collected. The retainer is returned at the end of the contract period once all invoices have been settled.
