Quality Tax Preparation and Planning Services

At Titus & Urbanski Inc., we specialize in tax preparation and planning services for individuals and small businesses. We understand the unique concerns and requirements of small to medium size businesses and work with you on a personalized basis to customize an accounting and reporting system that best suits your needs. We provide a wide range of services to individuals and businesses 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 professional services include but are in no way limited to:

From start-ups to established businesses, owners rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Titus & Urbanski 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.

Examples of Accounting Services include but are not limited to:

  • General ledger and financial statement preparation
  • Bookkeeping (Monthly, Quarterly, or Annually)
  • Accounting system setup and support
  • Payroll processing
  • Cash flow budgeting and forecasting
  • Employee benefit and profit-sharing plans
  • Corporate tax planning and return preparation

At Titus & Urbanski Inc., 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.

Examples of Assurance and Advisory 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 and negotiations
  • Business succession

Titus & Urbanski Inc.’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 result is recommendations for some adjustment to your accounting records.

Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Titus & Urbanski Inc.’s role is to help you navigate the complex and shifting tax laws to prepare accurate returns and minimize the tax liability of your beneficiaries. Everyone should have a well-thought-out plan as to how to distribute the assets left in one’s estate so as to avoid complications and to be sure that the individual’s wishes are followed. Having your taxes and estate thoroughly and carefully prepared will ensure that your loved ones don’t have any tax complications to deal with during a time of loss.

At Titus & Urbanski Inc., we specialize in both business and individual income taxes. We guide our clients through a full range of tax planning and preparation decisions with strategies that more effectively manage 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 the financial opportunities existing in your specific situation as well as those created by 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. When it comes to tax & financial planning, its our forward-thinking integration with other reputable financial professionals, and the shared communication surrounding a goal of helping our clients that make us part of an Elite Network of Financial Professionals.

QuickBooks is, and has been for years without question, the most popular accounting software product in America. It can be used to provide useful and timely information for your business in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right version and then install, setup and use it properly. Nearly every one of our accountants uses QuickBooks on a daily basis to help our business clients. Our Firm has a Platinum tier member of the QuickBooks Pro Advisor Program on staff to help you in your efforts to get “up-to-speed”.
Titus & Urbanski Inc. offers the following solutions to help meet your QuickBooks needs:
Personal Training for QuickBooks
We train you personally!
1. One-on-one or several individuals within your organization at your company’s location. or
2. Using GoToAssist as a secure connection between you and us. You can be in the comfort of your home of office while we connect, discuss and demonstrate the use of QuickBooks remotely from our office to you. Or
3. Our firm will periodically hold group sessions focusing on the use of QuickBooks. Sharing a collective knowledge as the demand grows for learning its use from the ground up.
We can assist with the install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.
For new businesses, we offer business templates to get you up and going with traditional setups as well as rental activities.
We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. 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 and planning.
Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.
Our 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. 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. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

Creating and maintaining a set of books and records for your business is not optional. Publication 583 issued by the Internal Revenue Service states that “Everyone in business must keep records. Good records will help you do the following. Monitor the progress of your business, Prepare your financial statements, Identify source of receipts, Keep track of deductible expenses, Prepare your tax returns and Support items reported on tax returns. Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Titus & Urbanski Inc. can help advise you on good bookkeeping habits that lead to the organization and day-to-day maintenance of your books an records so that you can focus on your core business.

Your business entity has a large impact on your taxes and other liabilities. The entity structure that works for your friends and neighbors may not be the best entity structure that works best for you. From your company’s inception through its growth and development, Titus & Urbanski Inc. can advise you on choosing an entity type and later restructuring if advantageous. With the knowledge and expertise of our Family Office team, 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, state and local 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, State or Local agents may be asking of you.

As technologies rapidly advance, companies increasingly need to update their computer systems. Titus & Urbanski Inc. can audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As trusted advisors in this field, we can assist you with putting your computer problems at bay as well as helping to improve your computer system’s performance taking into consideration your budget.

Titus & Urbanski Inc.’s comprehensive list of payroll services can help you reduce the time spent on administration through developing and implementing a complete payroll system that will facilitate processing, timely payment and preparation of employment tax returns. Our payroll experts can be used at any point in the process from providing complete worry-free, we do it all processing and reporting to simply consulting or quarterly report preparation with annual W-2s and 1099s. We take what most payroll processing companies do one step further by making your role as paymaster as easy as “sign here and drop it in the mail.”

Choosing and administering benefit plans for your employees is often a complex process. Titus & Urbanski Inc. can help you develop and implement your benefit, retirement and profit-sharing plans with an eye toward rewarding your employees and reaching your company’s financial and business goals. We can also help maximize tax advantages in implementing these plans. Pre-tax and Post-tax options for saving are crucial today with tax rates at all time lows. 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. Titus & Urbanski 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. 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.

No one can predict the future perfectly, but we can all benefit from planning for it. Titus & Urbanski 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. 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.

The range of needs for transferring businesses to the next generation continues to widen, and Titus & Urbanski Inc. can provide in-depth analysis to help you identify and analyze the factors that stand in your way. There are so many factors to consider such as the perceived value of a business, required cash flows for the exiting owners and the family dynamics that will guide the business successfully into the future. Our expert help can assist you with evaluating an entity that you have an interest in and guiding you towards making business decisions for that you feel confident with.

Business transactions and transitions are complicated affairs, and whether you’re buying, selling, or considering a potential merger, Titus & Urbanski Inc. can provide professionals with know-how to help you successfully structure and negotiate the deal. Titus & Urbanski Inc. employs careful analysis and due diligence to determine a fair asking price, 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.

Please contact us to discuss how we can help you with your specific needs. Thank you for choosing Titus & Urbanski Inc.!