At Hilliard & Associates, P.C., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liability, maximize your cash flow and keep you on track to your financial goals. Our continuing individual professional education and individual research allows us to stay abreast of the current economic situation and ensures that we are knowledgeable and current on the tax laws so we are best prepared to address your specific issues.

At Hilliard & Associates, P.C., we focus on building close client relationships that add long-term value. This includes evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law.

These services include but are not limited to:

• Accounting software selection
• Financial projections and forecasts
• Debt and financing advising
• Mergers and acquisitions
• Transaction structuring and negotiations
• Business succession planning
• Cash flow budgeting and forecasting
• Agreed-upon procedures

Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Hilliard & Associates, P.C.'s role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well thought-out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will help ensure that your loved ones have minimal complications to deal with during a time of loss.

Hilliard & Associates, P.C. litigation support and expert witness services can be employed in a wide range of situations, including commercial litigation, oil & gas activities, business and marital dissolutions, and bankruptcies. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. Financial and personal records are often vast and confusing to navigate. With our professional training and experience in this matter, we can make sense of these records and transactions and get to your bottom line.

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.

Hilliard & Associates, P.C.'s financial statement services comprise all three levels of assurance depending on your company's needs.

Audits

Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.

Reviews

Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.

Compilations

Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.

In some cases, you may not need a report on a complete set of financial statements. The applications for agreed-upon procedures are limitless, and they may be a more efficient means of focusing on the areas of most concern to your business. You determine what procedures you want us to perform, and we provide a report on the results of those procedures.

We provide audit services that meet the regulatory requirements for annual audits of employee benefit plans with more than one hundred participants. Generally, there are two types of audits acceptable to regulatory authorities responsible for monitoring employee benefit plans: a full scope audit or a limited scope audit. Hilliard & Associates, P.C. is able to meet the needs of clients requiring either type.

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, set up and use it properly. In addition to assistance in choosing the best product for your situation we help you use it more efficiently and more effectively.

Hilliard & Associates, P.C., with a QuickBooks certified accountant on staff, 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.

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Hilliard & Associates, P.C. can advise you on choosing an entity type and later restructuring if it becomes advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Hilliard & Associates, P.C. can provide professional know-how to help you successfully structure and negotiate the deal. Hilliard & Associates, P.C. employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.

With our extensive experience in the oil and gas industry, we are often asked to perform audits of oil and gas joint operations for working interest owners. We also provide royalty owners with audits of revenues paid as well as audits to ensure that deductions from royalty settlements are in compliance with individual royalty agreements.

As technologies rapidly advance, companies increasingly need to update their computer systems. Hilliard & Associates, P.C. can audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As experts in this field, we can put your computer problems at bay as well as improve your computer system's performance taking into consideration any budget you may have.

Hilliard & Associates, P.C.'s payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.

Choosing and administering benefit plans for your employees is often a complex process. Hilliard & Associates, P.C. can help you develop, implement, and administer your benefit, retirement, and profit-sharing plans with an eye toward rewarding your employees and reaching your company's financial and business goals. We can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business.

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Hilliard & Associates, P.C. can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.

No one can predict the future perfectly, but we can all benefit from planning for it. Hilliard & Associates, P.C. combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.

The range of needs for valuing businesses continues to widen, and Hilliard & Associates, P.C. can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are so many factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Hilliard & Associates, P.C. can provide professional know-how to help you successfully structure and negotiate the deal. Hilliard & Associates, P.C. employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.

Whether your needs are corporate or personal, Hilliard & Associates, P.C.'s professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.

Our experience with the taxation of United States companies doing business abroad and residents working abroad as well as foreign corporations doing business in the United States or foreign citizens working in the United States has provided us with an extensive base of knowledge in the area of international taxation.