Accounting & Tax Services
We at TRACE will take care of all your accounting and tax needs, without letting them become a nuisance for you. Our professionals have extensive backgrounds dealing with all levels of accounting tasks for a wide range of clients. Having worked with small startups, large corporations, and individuals, we are up for any challenge that comes the way. ​
​Outsourced Accounting
Save Time. Save Money. Outsourcing the accounting function is a good way to keep quality and costs down. Businesses have transferred services such as day-to-day accounting, bookkeeping, and controller/CFO services to third-party firms. We maintain your books professionally and effectively so that you no longer have to worry about taxes, payroll taxes, etc.
Financial Reporting
At your choice of frequency, we provide financial reports in accordance with U.S. GAAP (Generally Accepted Accounting Principles) or OCBOA (Other Comprehensive Basis of Accounting). We can provide you with daily, monthly, quarterly or annual reports, as discussed and required. We also provide you with tax compliance services to keep both your accounting and tax records up to date, always ready for filling.
QuickBooks & Bookkeeping Training
​Want to train your own team of bookkeepers or accountants? We can provide them with all the necessary skills they need to take it up for themselves! We use QuickBooks software to provide you with easy-to-use and widely compatible data and reports.
Forensic Accounting
​Our forensic accountants are certified to examine financial records for suspicious fraudulent activities such as financial statement fraud, corruption, and asset misappropriation. We also provide specialized forensic accounting services, including bankruptcy, family law and divorce, business and individual damages, intellectual property damages, and valuations.
Internal Control Implementation
Did you know that the most common embezzlement is by trusted employees? To prevent fraud, the best way is to implement effective internal control, policies, and procedures. Internal control is a process for assuring an organization's objectives in operational effectiveness and efficiency, safeguarding of assets, reliable financial reporting, and compliance with laws, regulations, and policies.
Tax Services
It is imperative to know your tax obligations and due dates, depending on your business structure and nature. In addition to income taxes, you may also be responsible for property taxes, sales taxes, payroll taxes, etc.
