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Coast Financial Services, Inc.
We Are Committed To Your Success!

Expertise. Peace of mind. Courtesy of Coast Financial Services, Inc.

 

Accurate, timely accounting is vital for any successful business. Our experienced, knowledgeable staff is ready and waiting to provide you with incomparable personalized service, whether you need it on a temporary or ongoing basis.

Here are just some of the specialized services available to Coast Financial Services, Inc. clients:

  • Monthly bookkeeping and financial statement preparation
  • Complete payroll service for employees and officers
  • Business and individual tax preparation 
  • Business entity formation and compliance 
  • Unlimited consultation
  • Audit representation
  • Tax resolution

Our dedication to you does not stop after April 15. Through monthly and quarterly accounting services, we will keep you up to date on current tax laws to minimize tax liabilities and to maximize your future opportunities.

Some of the services included in Monthly and Quarterly Accounting are:

  • Business bank and credit card account reconciliation
  • Sales Tax returns prepared and filed
  • Recording of business transactions into general ledger
  • Review of balance sheet and fixed asset detail
  • Preparation of accountant's compilation report
  • Preparation of cumulative statement of income and expenses
  • Unlimited consultation with Accountant
  • Advise on new tax laws, which may affect your business or personal tax liability
  • “Off-season” tax planning
  • Investigation of all correspondence from taxing authorities with a 48-hour response

Payroll Solution Services:   

In today's hectic business world, it is a challenge to juggle all the daily tasks that keep your business running efficiently. One of the most time-consuming tasks any business owner faces is payroll.

Each Pay Period you will receive:

Payroll checks or direct deposit, employee earnings statement, payroll journal, paycheck register, and client data entry worksheet, instructions on taxes to be paid, with appropriate coupons, or Electronic Fund Transfer PS payments executed automatically and notification of payment sent to you via email.

Quarterly: 941 quarterly returns, state Quarterly Wage and Withholding Report

Annually: 940 Employer’s Annual Federal Unemployment Tax Return, State Annual Reconciliation Statement Employee/Employer W-2, W-3 Re-cap – wage and tax statement, non-employee 1099’s, 1096 summary

Tax Preparation for businesses and individuals

We have extensive experience in personal and business tax preparation. Our tax clients are confident that their returns will be prepared by competent staff that are thorough and will work to get the most deductions possible. Whether you own a sole proprietorship, a partnership or a corporation, our staff is well prepared to assist you in filing your business tax returns. Our monthly and quarterly business accounting clients have the peace of mind knowing that their records are "tax season ready" and know they don't have to bother with gathering an enitre year's worth of records when they would prefer to spend their time be running their businesses.

Our personal tax clients are treated as individuals because everyone's tax situation is different. Our staff recognizes that, and will ask questions to assist in getting the maximum deductions allowable by law.

 

Business Valuation Services

ESOPs, litigation support, mergers and acquisitions, divorce settlements, buy-sell agreements... In cases like these, you need to know what your business is worth. We are here to guide you through what can sometimes be a difficult process, with a comprehensive analysis that will help you make informed decisions.

Tax Resolution Services

Do not let the threat of IRS debt collectors haunt you any longer. Coast Financial Services has helped taxpayers looking to resolve their back taxes for over nine years. Our tax professionals have years of experience in successfully working with the IRS and have saved our clients tens of thousands of dollars along the way. We will work with you to help resolve your tax liability and get you the IRS tax relief you deserve.