General Controls
Sturgill & Associates efficiently applies professional resources to help companies establish effective internal control over financial reporting. Our experience gained by working with other companies gives us the knowledge to help organizations think longer-term, make the right choices and create value as sustainability improves. Our flexible, comprehensive approach is driven by a customized road map that addresses each client's immediate priorities, planned improvements, longer-term strategic improvements and designated timetable.
Whether your organization is just getting started or has been in business for years, we help you apply a top-down, risk-based approach to rationalize the critical risks, identify the key controls, develop a credible body of evidence support control design and operating effectiveness, drive accountability for compliance throughout the organization, and build the tools and reports to monitor compliance going forward.
Our specific services include:
-
- Internal audit compliance project planning and management
-
- Documentation, evaluation, testing and remediation of risks and controls
-
- Compliance cost reduction by rationalizing risks and controls and implementing risk-based testing
-
- Improvement of internal controls and the quality of key upstream business processes affecting financial reporting
-
- On-going monitoring and reporting tools
Contact Us today for a Free Consultation
Tax Services - Individual
Sturgill & Associates provides tax services for individuals. We like to work with clients in advance of actual filing dates to prepare and plan for the future. You will find Sturgill & Associates up-to date with all the recent tax law changes. We can assist you in negotiating Offers in Compromise with the IRS.
INDIVIDUAL TAX RETURN
The standard form for a U.S. individual filing a tax return is the 1040, which accounts for the gross income a person has earned annually. Filing requirements vary depending on marital status, dependents, and deductions that apply to the individual, including homeowners, students, and the self-employed.
Tax Services - Business
Sturgill & Associates provides tax services for various types of businesses. We pride ourselves in our expertise in tax planning and tax preparation.
CORPORATION C TAX RETURN PREPARATION
A Corporation C needs to file an income tax return on form 1120 by the 15th day of the third month following the end of its tax year. Income of the C Corporation is taxed to the corporation first and then the distributed income in form of dividends is taxed to the shareholders.
CORPORATION S TAX RETURN PREPARATION
A Corporation S needs to file an income tax return on form 1120-S by the 15th day of the third month following the end of its tax year. Generally a corporation S does not pay federal tax. Instead income or loss generated by a corporation S is passed through to shareholders and reported on the shareholders personal income tax return.
PARTNERSHIP RETURN PREPARATION
A Partnership needs to file its income tax return on form 1065 by the 15th day of the fourth month following the end of its tax year. A partnership must file an annual information return to report the income, deductions, gains, losses, etc., from its operations, but it does not pay income tax. Instead it "passes through" any profits or losses to its partners. Each partner includes his or her share of the partnership's items on his or her tax return.
Contact Us today for a Free Consultation
|
