Accounting Services for Businesses

Bankruptcy and Insolvency Advising

If you are looking for a bankruptcy trustee to aid in the reorganization of your finances, look no further than Banor Associates, LLC. With our help, you can get the organization and options needed to establish growth and move forward.

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Bookkeeping Services

Our accounting firm provides top-of-the-line, professional bookkeeping services that will transform your current accounting system to be more efficient and organized.

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Business Advisory

Optimize your company’s performance through every stage of its development. Our personal business advisors will help you work toward, and achieve, all your goals.

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Cash Flow Projection

Cash flow projection, also known as cash flow forecasting, is one of the most important parts of running a business. It is the process of estimating how much money is going into and out of your business. Having an educated estimate of your business’ performance for the next 6–12 months can help you make the right entrepreneurial decisions. And in the process, it can put you in a position to prosper.

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New Business Planning/ Setup

We analyze all the risks and offer you a planned strategy that can be implemented in different phases. As your business grows, we’ll give you consultation, advice and various new strategies to compete with the established market players.

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Corporate Tax Preparation

If you’re looking for corporate tax preparation services that will cover all your bases, your search ends here. Banor Associates, LLC has years of experience combined with superior knowledge of tax law. Our professional team of accountants will ensure that your business is fully prepared for tax season.

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Financial Statement Preparation

Starting your financial statement can be complicated if you have many expenses and investments. Preparing your financial statements is one of the most essential steps in the accounting process. With the help of Banor Associates, LLC, we can assist you with the order of preparation. We have several years of experience in financial statement preparation and analysis, meaning that you can be confident that we will do the job right.

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Transaction Advisory

Minimize the risk and thoroughly assess the opportunities of your upcoming business transaction with the professional help of our seasoned business advisors.

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Incorporation and New Business Advisor

There are several common types of incorporations, each with different tax and legal structures that come with them. At Banor Associates, LLC, we offer our expert advice in company registration and new business advisory, and we carefully analyze which form best suits your business.

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Payroll Services

Whether you are a small, medium, or large business, having happy employees is essential for your business’ growth and success. In order to have happy and hard-working employees, you need to make sure that you are paying them both accurately and on-time.

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QuickBooks Training

QuickBooks is an excellent accounting computer software designed for small to medium-sized businesses. It helps business owners with almost all their accounting and bookkeeping needs, such as accepting payments, payroll, and paying bills.

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Small Business Accounting

It is easy for small business owners to find themselves overwhelmed with company accounting. Whether you’re the head of an emerging startup, or you have been around for some time, Banor Associates, LLC can help you manage your finances.

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Small Business Bookkeeping

When it comes to keeping the books, small businesses can put their trust in the team at Banor Associates, LLC. We offer professional bookkeeping services that empower small business owners, providing smart solutions to keep their accounts organized and their operations efficient. We’re not just maintaining your books—we’re paving the path success.

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Small Business Payroll

If you have a trust set up to benefit someone in your family, or because you have certain goals when it comes to planning an estate, Banor Associates, LLC can help work out the details to make sure everything goes smoothly.

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State and Local Taxation

State and local taxation, also known as SALT, are fees and taxes that are imposed on individuals and licensed businesses. While the tax and license fees are different depending on location, the accounting specialists at Banor Associates, LLC can make sure that you aren’t paying a cent over what you need.

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Tax Audit Representation

The tax accounts at Banor Associates, LLC will help you prepare and position your tax audit case for optimal protection and tax relief. We’re experts in tax law and will help you navigate and emerge from the tax audit process successfully.

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Tax Litigation and Controversy

We are a leading expert in the local tax litigation process. We help you overcome unwanted controversies, navigate the law, and determine whether you have been taxed unfairly. Ultimately, we give you the chance to build a better, brighter financial future.

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Bookkeeping

We’re a full-service bookkeeping company. We can assist you in developing and maintaining an organized and efficient accounting system. What’s more, business owners will appreciate our clear and sound methods when engaging in future financial planning.

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Business Accounting

Business owners have to wear many different hats to run their business properly. But it can be very difficult to get everything done and still have time to balance the books and keep track of all the expenses. It takes precise focus; you cannot afford to make mistakes when it comes to the finances of your Elizabeth business.

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Payroll

For any business to be successful it must have an accurate payroll. If your employees are being paid more than they are owed then you are losing money; if they are not being paid enough then they are not receiving what they deserve.

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New Business Formation

There is nothing like being your own boss, making your own hours, and being in control of your brand. Starting a business can be a lifelong dream, but there are many legal and financial considerations that, if not handled properly, can easily turn your dream into a nightmare. Banor Associates, LLC can help you choose a successful business strategy from the get-go that will allow your business to thrive as well as help you avoid common pitfalls that many new business owners make when first starting out. Our accounting professionals can advise you on a business structure that best fits your goals and needs with tax benefits in mind.

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