Do you have time to run your business and also keep up with tax law changes, double-check your bookkeeper’s work, and analyze the legal ramifications of new business contracts? Why not focus on what you do best and let SCSI advise you on daily business tasks?

Supply Chain Solutions offers full-service business consulting including:

  • Legal Entity Formation (Corporations, Partnerships, LLCs)
  • Tax Consulting, Planning, and Preparation
  • Accounting and Bookkeeping
  • Contract Drafting and Negotiation
  • General Business Law

Remember, the more successful you become, the bigger the risks if you continue handling all your own financial and legal matters. One mistake can cost many thousands of dollars and reverberate years into your company’s future.

Your Business is a Legal Entity

Is your company structured effectively? Is your business expanding to the point you are considering a change in structure? What is the difference between a C-corp and an S-corp? Consult with SCSI to understand all the pros and cons before you sign on the dotted line.

We know the legal issues and tax intricacies involved at all levels of business, from sole proprietorships to partnerships, corporations, and limited liability companies (LLCs). While federal tax law determines how business entities are taxed, state laws authorize the formation of businesses. Both state and federal laws require strict compliance in order for an entity to maintain its legal status and thereby provide liability protection and favorable tax treatment.

Our professionals will meet with you to review your current and future business needs. What might seem right today could be wrong based on long-term growth potential. We will explain all of your options and only after you understand the relevant concepts—especially the liability and tax effects of your decision—will we recommend the business structure that best suits you.

Once your decision is made, SCSI files all the required government forms and ensures receipt of all government tax and reporting numbers, licenses, and certificates. But believe it or not, the paperwork is the easy part. More importantly, we teach you how to maintain your business entity so that it is a going concern for many years.

Tax Preparation: Business and Personal

An old saying goes, “Failure to plan is the same as planning to fail.” Taxes are absolutely not an exception to this rule. Every great athlete needs a coach. You need a SCSI “tax coach” to get you through the season.

Our attorneys and accountants will teach you effective tax planning and help you execute your plan throughout the year. We will interview you to understand all of your tax issues—both business and personal. We will help you find deductions you may have never known about and show you how to take advantage of retirement accounts and other pre-tax investments that will keep your earnings in your own hands. With these plans in place, you will receive an electronic organizer to help you organize and compile your tax records, and at year’s end, we will meet with you to ensure your documentation is complete.

Put over 30 years of tax experience to work for you. SCSI will prepare and verify your returns, file them electronically, respond to any government inquiries about your taxes, archive your returns, and provide you an updated tax plan for the next year. We will also help you with your quarterly tax filings to ensure you don’t over- or underpay.

Finally, remember that tax attorneys offer two unique benefits: as members of the Arizona State Bar, our tax lawyers are qualified to represent you and your business in state and federal courts. Other tax professionals may not be qualified for such representation. Furthermore, all of your tax information is protected by “attorney-client privilege,” a significant legal shield that many other tax preparers cannot offer.

Are Your Books Accurate?

Do you have a business management background? Are debits and credits still a mystery to you? What’s that “time value of money” you’ve heard about? The management and clerical side of running a business can be daunting. SCSI can take some of the frustration out of daily bookkeeping and provide peace of mind that your money is all accounted for. More importantly, we keep abreast of changes to Internal Revenue Code and court rulings that could affect you and proceed accordingly.

SCSI accountants can manage your books entirely or assist you in maintaining your books through monthly or biweekly reviews. We maintain your accounts on secure servers to facilitate in-office and on-site accounting work, and at the end of the year your books can be adjusted and closed with a minimum of hassle.

Whether we do it all or help you do it yourself, we will make sure you have the financial reports you need to make good management decisions:

  • Profit and Loss Statements
  • Income and Expense Reports
  • Balance Sheet and Net Worth
  • Statements of Cash Flow

Quick check: do you recognize all of those reports? Do you know how to interpret and use them? Perhaps now is the time to contact SCSI for a consultation.

Contracts and Other Legal Issues

SCSI delivers the advice your business needs for healthy growth. Here are two pieces of free advice:

  • There is no such thing as a “standard contract.”
  • If it seems too good to be true, it is.

Whenever you have the slightest doubt about a business arrangement, you should consult an attorney. We are dedicated to business with integrity, following the Golden Rule, but it should come as no surprise that others don’t adhere to such beliefs. Protect your business, yourself, and your family by letting SCSI review your legal matters.