Financial Statement Reviews – Financial Statement Reviews provide a mid-level assurance service which can only be performed by CPA firms. A Review consists primarily of inquiries and analytical procedures to provide support for the assertion that the financial statements appear accurate. It is a higher level of service than a Compilation which is described below. Certified Audits provide greater assurance than a Review as there are third party verifications and internal controls are taken into account.

Compilation of Financial Statements – If you need a financial statement prepared by an accountant, we can help. Compiled financial statements are when we take your trial balance or financial statements and perform some basic procedures, and put them in the proper financial statement format along with our report. When required, we will help generate the financial information or make adjustments to your records in order to get them ready for the compilation. Compilations can either be issued with disclosures or without depending upon what you and your lenders want. If we prepare your business taxes a non-disclosure compilation can usually be prepared at minimal cost.

Monthly Bookkeeping – In order to make sound business decisions you need to be assured of the integrity of your business’ bookkeeping system.  McGregor-Caverhill, CPA offers monthly and quarterly bookkeeping services that keep your business accounts accurate, secure and running smoothly.  Please feel free to contact us to discuss an option that works for you.

Payroll - Payroll is a continually changing and time sensitive part of your accounting system that must have high importance. McGregor-Caverhill, CPA provides payroll processing based on your business’ individual needs, relieving you of the time and precise recordkeeping it requires. If you process your payroll manually or through QuickBooks, we can prepare your payroll tax returns, W-2s and 1099s for you. Alternatively, we can teach you how to accomplish this yourself.

Tax Services

Individual Taxes – Our years of tax preparation experience is behind every return that we complete. We get it done right the first time (or we fix it for free if it’s our fault). Then we take the time to understand your needs and help you make wise tax decisions for the coming year so you can retain more of your earnings. Our free, easy to use tax organizer provides you with a tool to keep us abreast of your current situation, so we can prepare the best return for you and give you great value for your investment with us. You will appreciate our honest, friendly and professional process to accomplish this important annual task.

C Corporation – We work with our C corporation clients to help them minimize the possibility of double taxation and understand the employee benefits available to them. The potential cost of double taxation, as opposed to the possible tax free medical benefits and lower marginal rates associated with regular C corporations, require proper planning and execution. Also, if you are not a C corporation we will analyze your present form of business to see if a C corporation is best for you. Expert preparation, strong communication and comprehensive planning by our experienced partners are what allow our clients to get the most out of this form of business.

S Corporation – Limited Liability Company (LLC), Partnership, and Sole Proprietorship – These forms of business impact your personal tax situation and require professional analysis and preparation on the business return. Let us work with you to minimize your taxes and maximize the benefits these forms of business offer. We recommend tax planning in the fourth quarter and early preparation after year end to give you the most information and the best advantage in complying with these complicated tax laws. All key issues are carefully researched and reviewed to insure accuracy and the best result for you as far as the law allows.

Estate and Trust Tax Preparation – Whether it is the Form 1041-U. S. Income Tax Return for Estates and Trusts or the Form 706-U. S. Estate Tax Return we can help you through this complicated and confusing tax compliance maze. Although we leave it to the attorneys to write the trusts and estate plans, we are well qualified to prepare the returns that give our clients the lowest taxes and the best value in preparing these returns. Our years of tax experience, excellent research tools and resources and our patient understanding throughout this difficult process, have earned us high praise from clients who have trusted us in this area. As tax accountants with a broad range of experience we are best able to prepare these unusual returns and advise our clients of the impact on their personal and business tax situations.

IRS Representation – We are licensed to represent our clients before the IRS. If you are under audit, involved in the collection process or just have a tax notice you need help with, we are able to represent you. We will write letters, help you fill out forms, or meet with the IRS face to face to help you professionally handle these interactions. Resources such as the Practitioner Priority Service help us get answers that the taxpayer has difficulty obtaining. Also, our years of experience in dealing with the IRS allows us to advise you of your options and the possible outcomes.

Quickbooks Services

Qualifications – We are Certified QuickBooks Pro Advisors. Our ability to solve our clients’ QuickBooks problems as well as training them to use the program more efficiently and effectively is enhanced by our accounting skills and experience.

Construction Services – QuickBooks and its related products are by far the most widely used accounting software in the construction and contracting business. Because of this, we have chosen to specialize in this industry to help our clients make the most of this powerful program. Through our training and advisory services we can teach you how to turn estimates into invoices, use purchase orders that become vendor invoices, assign labor and material costs to jobs and run job profitability reports as well as many other key features of QuickBooks.

QuickBooks Setup – Converting your company’s books to a QuickBooks product or starting a business using QuickBooks requires proper setup. It is more cost effective to set up the company correctly from the beginning than to fix it after many transactions have been processed. Also, in order to be efficient and utilize the many time saving and business building features of Quickbooks, the file must be created properly and the users trained on its functions. We offer all services, from installation to training, on your new or existing QuickBooks program. Some of the key components of a properly configured system are: computer installation, chart of accounts setup, selecting appropriate preferences, customized invoices, credit card processing, back up procedures and memorized profitability reports. As part of the setup, we provide one-on-one training on how to process the transactions in a way specific to your business and how to get the reports you need.

Monthly Services – Do you want a cost effective method of making sure your books are up-to-date and accurate? McGregor-Caverhill, CPA can make sure your books are reconciled and reviewed every month or quarter. At the same time we will teach your bookkeeper how to use QuickBooks more efficiently and effectively. This comprehensive approach aims to meet all your bookkeeping and tax needs, as well as provide convenient on-site services to help you with your QuickBooks product. Contact our office and we will be pleased to meet with you to discuss your options.

QuickBooks Support – We offer telephone, e-mail, and one-on-one training and service at your office or ours. We are Certified QuickBooks Pro Advisors and accountants so we are well able to handle the software as well as the accounting issues most small businesses face. For new clients we offer an initial troubleshooting and training session of $295 for two hours of one-on-one training and consulting. Satisfaction is guaranteed.

Contact Information

Tel: (541)389-1970

Fax: (541)389-1976

354 SW Upper Terrace Drive
Suite 102
Bend, OR 97702