FAQ: What do you have to offer a small to medium sized business?
As a local company, we know the challenges involved in running your business. With these needs in mind, we have designed an array of services so that you can stay focused on your core operations.
Our services and products are listed below for your convenience.
FAQ: How can I provide employee health insurance without breaking the bank?
Retaining your most productive employees is a necessity in today's competitive environment. Providing excellent benefits is an important element of employee retention.
In addition, with the implementation of Massachusetts health reform in 2006 and the passage of the Patient Protection and Affordable Care Act of 2010, providing insurance to employees is not just an effective and tax-sheltered way to compensate your employees, but a necessity.
At the same time, with the rapidly escalating cost of health insurance, it is important to find the most competitive insurance plan possible. We will work with you to utilize innovative plan design and cost sharing to minimize your costs while still providing excellent coverage for your employees and their loved ones.
FAQ: How can I provide retirement options to employees that fit their needs?
With the decline of defined-benefit plans such as pensions, and Social Security cuts looming on the horizon, providing employees an effective way to plan and save for their retirement is a must. 401(k) plans and Individual Retirement Accounts, if properly designed and managed, can be an excellent way to provide for these needs.
We can provide 401(k) and IRA plans for your employees, and design and implement strategies to plan for their retirement. Proper design of such plans is key, to attempt to mitigate risks as much as possible while providing room for growth.
FAQ: Do you provide payroll services?
Managing and processing payroll, cutting checks, and providing direct deposit are standard services that any employer with W-2 employees must provide. State law mandates that hourly employees be paid at most every two weeks, and within five days of the close of the payroll period.
We can provide innovative solutions that allow you to manage payroll online, and provide your employees with the option of viewing their payroll information online as well. Automating these systems allows you to run your business without worrying about ancillary bookkeeping work, all at at a very competitive cost.
FAQ: How can I minimize my tax burden?
Through our sister company, WorthTax, we can provide tax planning and preparation services for both you and your business. Proper planning, documentation, and preparation can ensure that you pay no more than is necessary, while minimizing the liability involved in IRS and DOR audits.
We can help you make sure that you are keeping the records necessary to back up deductions, expenses, depreciation, and amortization so that you are covered while taking advantage of all available tax incentives.
In addition, we provide significant discounts for combining the preparation of both your personal and business returns. For more information, see the Tax Planning and Preparation FAQ.
FAQ: I run a family business want to pass it on to my children. How can I go about doing this?
With proper Succession Planning, a family business can be passed on to your children. For information on Succession Planning, please contact us.
FAQ: How can I design specialized benefits for executives and key people in my medium sized business?
In a medium sized business, retaining top managers and executives can be the difference between floating and sinking. We can help to design innovative benefit packages specifically for these members of your team.
For more information, please contact us.