We provide Financial Planning & Business Accounting services to our valued clients.


 Personal Financial Planning  
The first step toward reaching your goals and dreams is to understand what they are. Our approach includes helping you understand where you are financially, to help develop a personalized plan that addresses your objectives, and advising specific recommendations, solutions & timelines to meet your financial goals. Whether you require an in-depth evaluation or simply a fresh look, we can help make financial planning simple so you can feel confident in all your decisions.

A strong financial plan builds on understanding your current cash flow, emergency fund needs and net worth. We can help you in assessing your current situation and develop a readiness plan for unexpected needs We also encourage reviewing your wills, trusts, power of attorney, health care directives and beneficiaries to help you ensure your financial legacy is maintained.

We can customize your Financial Plan to include other needs:
  • Retirement Accumulation  Determine whether your savings will be enough to fund your retirement
  • Education Funding  Discover options for funding your children's education.
  • Future Purchases  Identify ways to save for important goals
  • Income Tax Strategies  Identify tax-efficient ways to invest & manage your portfolio
  • Estate Planning  Estimate estate taxes and costs.
  • Business Valuation  Estimate the value of your business to help in estate planning
  • Stock Option Analysis  Strategies for exercising the options and an estimate of the taxation.

To find out whether our services are right for you, contact a PAC Associate today

 Business Financials  


Which Accounting Professional Do You Need?
Every company needs someone to keep track of the books. Whether you hire an employee or use a service contractor, you need a bookkeeper. You also must have someone to help you review your financial reports and help your company make decisions based on finances and taxes. You are not required to obtain the services of a CPA, but remember that an accountant, who is not a licensed practicing CPA, cannot sign your business tax return or represent you before the IRS.  At Poortinga Accountancy Corp., we provide all three of the following financial professionals to serve your business needs.

A bookkeeper is an accounting professional who keeps the financial books. Most bookkeepers use accounting software like QuickBooks for this task. They are responsible for accurately recording transactions, including accounts receivable, accounts payable, inventory, and if contracted, for payroll. They provide reports on a monthly, quarterly, and annual basis.

Professional Staff
Accountants are a level up in terms of responsibility from bookkeepers. They can perform bookkeeping functions, but usually their focus is to prepare detailed financial reports. They perform audits of the books  and they may prepare reports for tax purposes. An accountant is classified by the IRS as an unenrolled preparer, which means they have no standing with the IRS in the matter of signing tax returns or representing clients at tax audits and other matters before the IRS. Only CPAs, tax attorneys, and enrolled agents are able to represent a taxpayer before the IRS. You can certainly have an accountant prepare your business tax return, but understand that this individual cannot legally sign your return and submit for you, nor can they assist you with an audit or go to an audit for you or to tax court.

Certified Public Accountants
A CPA has an additional level of credibility and expertise. A CPA is an accountant who has passed certain examinations and met all other statutory and licensing requirements of a state to be certified by that state. In addition to preparing and reviewing financial statements, CPAs also prepare tax returns for businesses and individuals, sign tax returns, and represent taxpayers before the IRS for audits and other matters. The American Institute of Certified Public Accountants (AICPA) is the national professional association for CPAs.

To find out which of our services is right for you, contact a PAC Associate today

Copyright 2012 by Poortinga Accountancy Corp.  All Rights Reserved               Updated 03/15/12