Business Associates Inc can help with all your accounting needs on a daily, weekly or monthly basis. We deliver these services listed below. We provide accounting services on a continual basis, including

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

We can assist you in preparation of financial statements for your business, trust or personal accounts in accordance with professional standards. Financial statements are sometimes required by third parties, such as banks and bonding companies, and can also be used to help guide your financial decision-making process and evaluate performance.

Accurate and organized record keeping is the cornerstone of successful business operations. We can assist you in organizing and implementing bookkeeping and accounting procedures so you can concentrate on running your business as efficiently as possible.

QuickBooks can provide useful and timely information. However, it requires you to purchase the right product, install it, set it up, and use it properly. We help you utilize the software efficiently and effectively by providing personal training, installation, setup, support, and review of your QuickBooks system.

Payroll Services

We help you develop and implement a payroll system that processes timely payments to employees and government agencies. We will also assist in the preparation of payroll tax returns.

Please contact us for details on how we can fulfill your accounting needs.

Tax

We provide income tax services to individuals, small businesses, Corporations including C-Corp, S-Corp & LLC and Partnerships. We provide an extraordinary service to our clients. Our online tax service is operated by Drake Software, a leader in Professional Tax Software for more than 30 years. Mr. Cletus Fernandez is a Licensed Tax Consultant in the State of Oregon. Our service includes:
Please check out our Tax Return Types page for detailed information about our tax preparation service.

Audit Representation

Mr. Cletus Fernandez is a Licensed Enrolled Agent, Enrolled to Practice before the IRS. An enrolled agent is a person who has earned the privilege of practicing, that is, representing taxpayers before any office of the Internal Revenue Service. An enrolled agent can negotiate with the IRS during examinations and appeals, and act in place of a taxpayer signing consents and executing agreements on their behalf. An enrolled agent is the only professional granted a right to practice directly from the U.S. government. Attorneys and certified public accountants (CPA) have state licenses, which limits their practice only to the states where they are licensed. Unlike a CPA or Attorney, an enrolled agent holds a federal license and has the right to represent any taxpayer in any state regarding federal tax matters. An enrolled agent is considered a tax specialist, which sets them apart from attorneys or CPAs who do not always specialize in taxes. The practice of enrolled agents before the IRS is not limited and they may represent taxpayers before the IRS, performing the same tasks as an Attorney or CPA. The capabilities of an enrolled agent extend beyond just preparing returns to areas such as representing clients in cases involving audits, collections, and appeals.

Individual Tax Returns

We are specialized in the preparation of tax returns for individual taxpayers. Over the years literally 1000's of Federal and State returns have been prepared and filed.

Tax Planning

One of the main functions of our firm is Tax planning and tax forecasting services for individual and small businesses. Effective tax minimization begins with long-term tax strategizing to establish overall objectives and is maintained with conscientious and consistent annual tax forecasting and mid-year tax planning.

Business Tax Returns

Small business tax return preparation is the main service offered to our clients. It includes C Corporation, S Corp, Limited Liability Company, Partnership or Sole Proprietorship. Over the years, 100's of small business Federal and State tax returns have been prepared for all small businesses. Our service includes:

• Tax Preparation
• Tax Planning
• IRS & State Audit Representation
• Payroll Tax Filing
• Offer In Compromise
• IRS Garnishments, Liens & Levis
• Innocent Spouse Relief
• Answering IRS Notices
• E-Filing Service
• All State Income Tax Preparation