Auditory & Consulting Services
Many companies are required by outside investors or third-party institutions to get an independent CPA report. We can provide auditory and consulting services for whatever the reason in a timely and smooth manner. The secret with engagements is planning, and we pride ourselves in understanding the need and communicating expectations to clients to be able to have minimal surprises as far as completion.
Golub, Senitt, Rosenberg & Co. has extensive experience providing controller services to businesses around Glendale, CA. Hiring us to provide controller services for your company may be the right move for you if: your business is struggling with cash flow or compliance challenges, your accounting methods slow down your processes, your business is expanding and needs support, or if your business is vulnerable to internal and external risks.
We provide insightful reporting, catch errors and inefficiencies, provide an in-depth view of your finances, pride ourselves on our excellent communication, and ensure that your financial systems are accurate, up-to-date, and can grow along with your business.
Fractional CFO Services
If your business is just starting out or is small enough that hiring a full-time CFO does not make sense, you can still have access to the financial expertise you need in order to take your business to the next level. GSR has over 20 years of experience providing CFO services on a fractional basis to businesses across industries, such as restaurants, apparel, and manufacturing. We take immense pride in helping our clients grow their businesses.
We can help you improve your cash flow; gain confidence in your negotiating power; forecast profit, revenue, costs, and expenses; and more. With us working as your CFO, you can set your business up for success and rest assured that you have access to the financial expertise you need to take it to the next level.
Whether you’re an individual or you run a business, Golub, Senitt, Rosenberg & Co. provides professional financial consulting services to help you fully understand your financial situation and what you can do in order to achieve your goals, whatever they may be. This includes assessment of strengths and weaknesses of current financial strategies, records, and tendencies, recommendations for improvement, and more.
As CPAs, we can provide you with the full gambit of auditory and consulting services, as well as tax planning, tax audit services, financial audits, month-end closes, accounting, business management, and many other similar services. From business financial strategy to retirement planning and more, we’re here to help you see your blind spots, understand potential consequences of certain financial decisions, and set you up for success so that you can gain a clear understanding of what you need to manage your financial situation.
Tax Management Consulting
With ever-changing tax laws and regulations and shifting circumstances, proper tax management is key to prevent stress and potential problems. Golub, Senitt, Rosenberg & Co. provides tax management consulting services as part of our auditory and consulting services that allow you to focus on your business or your life as we provide our professional advice and assistance to make dealing with your taxes as efficient as possible.
Our tax management consulting services allow you to manage your tax risks, properly manage your costs and expenditures, and take advantage of new opportunities. They protect you both now and in the future, by equipping you with understanding of tax law changes, insight into your tax situation, and what you need to do in order to achieve your goals while minimizing tax liability.
We look at all aspects of tax management and how they relate to your specific circumstances in order to help you formulate the ideal management strategy.
Tax Risk Consulting
Golub, Senitt, Rosenberg & Co. helps our clients understand their tax risks so that they can properly address them and efficiently plan their objectives. With risk management strategies in place, you can minimize potential negative consequences that could result from inadequate tax risk planning, such as legal issues, financial penalties, and reputational damage.
Our tax risk consulting services identify and mitigate tax-related risks that can impact individuals and businesses. We help you to understand your tax risks and what can be done in order to address them. Some tax risk mitigation strategies include: compliance audits, training and education, implementing internal controls, monitoring and reviewing tax risks, proper tax planning, communicating transparently with tax authorities, working with tax professionals, and more.
Tax risk consulting is essential in order to ensure compliance with tax laws and regulations. By implementing appropriate tax risk management strategies, you can improve your reputation and financial stability. As tax laws and regulations are ever changing, working with a CPA ensures that you’re always on top of your specific risks and what to do about them, such as changes in tax legislation.
Financial Reviews & Compilations
Golub, Senitt, Rosenberg & Co. conducts financial reviews and compilations as part of our auditory and consulting services to assist you with whatever your need is. Perhaps you wish to provide lenders or investors with statements so they can see your financial records and ensure that your books and financial statements are accurate. Perhaps you want to ensure that you are in compliance with financial laws. Perhaps you wish to demonstrate accuracy of your finances for investors. Whatever the reason, we’ll go over your financial information in order to ensure that your records are fair and accurate representations.
Should we find discrepancies during our review of your financial information, we also provide financial consulting services. Not only can we inform you as to the truth of your financial situation, but we can work with you in order to improve it, so you can achieve your goals.
Tax Retirement Planning Services
While it’s true that taxes are lower for many retired individuals, it’s still important to conduct proper tax retirement planning. Not only do retired people typically pay taxes more actively than those who are employed, but they may have different types of income, such as retirement accounts, Social Security, and more. It’s crucial to understand how tax rules apply to the different streams of income you’ll have in retirement and how they’ll work together in order to avoid tax shocks and plan for optimal tax efficiency.
Taxes typically fall during retirement, but must still be budgeted for, especially if you will be retired for 20-30+ years. Both underestimating and overestimating your future tax brackets can result in devastating problems. As such, it is important to work with a CPA in order to most accurately project what taxes will look like for you during retirement and plan accordingly.
Here at Golub, Senitt, Rosenberg & Co., we work with you in order to help you with retirement tax planning. We can advise you on the ideal retirement accounts for your needs (such as paying taxes on money you contribute to accounts versus paying taxes on money you withdraw from accounts), options for saving money, budgeting for tax payment, planning donations and purchases, required minimum distributions, timing retirement account withdrawals, and more. With our help, you can enjoy as restful a retirement as possible.
Golub, Senitt, Rosenberg & Co. can help you plan for your taxes through analyzing your financial situation and current tax laws in order to assist you in paying the least amount of taxes legally possible. Tax planning utilizes tax laws and an individual or business’s unique situation in order to more efficiently and effectively reduce the amount of taxes to be paid.
Some factors included in tax planning consist of: carefully planning the timing of purchases and their size, retirement savings, engaging in tax gain-loss harvesting, and more. This reduces your tax liability. Unlike tax fraud, tax planning is not illegal, as it does not involve trying to avoid paying your taxes or engaging in any sort of illegal activity. Rather, it utilizes tax laws and smart strategies in order to reduce the impact taxes have on one’s finances.
You can’t plan for taxes if you don’t know your federal tax bracket, the deductions and credits available to you, or how your specific situation impacts your taxes. For instance, itemizing your tax return may result in a larger deduction than the standard deduction. By having a tax planning strategy in place, you can avoid surprises, reduce your tax liability, reduce your risk of being audited, and avoid paying more taxes than you owe.
When developing a tax plan, it’s crucial to work with an experienced CPA, like the experts here at GSR. When you work with us for your auditory and consulting services, you can rest assured that not only is your tax plan efficient, it is also completely legal, making dealing with taxes easier than ever before.
Auditory And Consulting Services In LA County
If you need any of the above auditory and consulting services or you have questions about the work we provide, please don’t hesitate to contact the experienced CPAs here at Golub, Senitt, Rosenberg & Co. We’re always happy to utilize our extensive experience providing auditory and consulting services to help you succeed.