Services

The firm has a comprehensive accounting service program designed specifically for small and medium sized businesses. These services are under the management of our senior in charge. Business owners want and need accounting services for various reasons.

Chief among those reasons are to support loan applications to various financial and other money-lending institutions, and to make financial and budgetary decisions regarding the successful operations of their business. The products of these services are the issuance of US GAAP (Generally Accepted Accounting Principles) or OCBOA (Other Comprehensive Basis of Accounting) Financial Statements including Balance Sheets, Statements of Revenue and Changes in Retained Earnings, Cash Flows and financial counseling as an integral part of our accounting services. The entities we service are:

• Non-Profit Organizations
• Profit Corporations
• Sole Proprietorships
• Individuals
• Partnerships
• Estates and Trusts
• Governmental Agencies
• State Agencies
• City of Chicago Agencies
• Insurance Agencies Offices
• Real Estate Rental and Management companies
• Governmental Agencies local and special service areas
• Doctors and Dentists
• Restaurants, Hotel/Motels
• Funeral Homes
• Sororities/Fraternities
• Any other Consulting services

The firm's income tax services not only provide income tax preparation for corporations, individuals, partnerships, trusts and estates, but also income tax planning which is considered a very important feature of our income tax service

We also have the experience and commitment to represent our clients at Internal Revenue Service tax audits. We keep our clients informed of major tax changes that affect their businesses and personal investments.

The entities we service are:

• Corporations (1120 & 1120-S)
• Partnerships
• Non-profit
• Individuals
• Estates and Trusts

We are of the belief that a taxpayer is obligated to pay the lowest legal tax possible. With that in mind, we have developed a very comprehensive tax planning program.

The firm's management advisory services are unique in that we take an active roll in assisting management with its day-to-day operations. The services we provide are:

• computer installation/hardware/software
• design and implementation of accounting systems
• procedures manuals
• assistance in securing working capital and loans for other purposes
• financial and budgetary projections
• design, implement, and write internal control procedures
• process improvement audits
• internal audit procedures
• board governance training
• process reviews

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.

RABM & Associates, LLC offers the following solutions to help meet your QuickBooks needs:

Personal Training

We train you personally! Either one-on-one or several individuals within your organization at your company's location.

Installation

We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.

Setup

We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.

Support

Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.

Review

Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

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 have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.