CPR Systems provides a wide range of services to individuals and businesses in a variety of industries. At CPR Systems, 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:
At CPR Systems, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize 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 financial opportunities to be found in existing as well as 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. We at CPR Systems are experienced at filing all types of individual, corporate, partnership, fiduciary and employee benefit tax returns.
From start-ups to established enterprises,
businesses rely on accurate and insightful financial information in order to maintain profitability
and capitalize on new opportunities. CPR Systems'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
These services include but are not limited to:
- 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 set up financial reports for your view to streamline your business and save your valuable time. These reports are important tools that can guide your business in making financial decisions, planning, and evaluating performance.
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. CPR Systems’ role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well thought out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss. We will work closely with your attorney and financial advisor to ensure that all necessary steps are taken to make sure that everything flows as smoothly as possible and all necessary tax returns are filed timely.
CPR Systems' goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, CPR Systems can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you are receiving IRS notices for balances due or unfiled tax returns, CPR Systems can sort through them in order to help you determine what you actually owe. We can then work with the taxing agencies to work out a payment plan and request abatement of penalties, if applicable. If you have been chosen for an audit, we can assist you in being prepared to receive the best possible outcome in your situation.
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. CPR Systems can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business. We offer a full range of support services based upon your needs and ranging from an occasional “question answering session” to full data entry of all your monthly transactions. If desired, CPR Systems can also assist you with your Accounts Payable and Accounts Receivable functions by doing your billing or paying your bills for you. Again, you choose only the services you need and at the level you need.
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, CPR Systems can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs. We work as part of your “team" of accountant, attorney and financial advisor.
Choosing and administering benefit plans for your employees is often a complex process. CPR Systems can help you develop, implement, and administer 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. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business. In many cases, we can handle the formation and administration of your plan from start to finish. For more complex situations we will coordinate with your attorney or Plan administrator to make sure that you miss none of the extremely sensitive amendment deadlines.
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. CPR Systems 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, rebalance 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. CPR Systems 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.
Whether your needs are corporate or personal, CPR Systems can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments. If you are in a “distress” situation, facing possible bankruptcy or foreclosure, we can work with you in determining the most painless and beneficial solution to your situation.