Practice Areas
CPS SMALL BUSINESS SOLUTIONS AND SERVICES provides a wide range of services to individuals and businesses in a variety of industries. At CPS, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
INCORPORATE YOUR BUSINESS
At CPS SMALL BUSINESS SOLUTIONS AND SERVICES, we guide our clients. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities.
Incorporation has many advantages for a business and its owners, including:
1) Protects the owner's assets against the company's liabilities,
2) Allows for easy transfer of ownership to another party,
3) Achieves a lower tax rate than on personal income,
4) Receives more lenient tax restrictions on loss carry forwards,
5) Can raise capital through the sale of stock.
Incorporation involves drafting an "Articles of Incorporation", which lists the primary purpose of the business and its location, along with the number of shares and class of stock being issued, if any. Incorporation will also involve state-specific registration information and fees.
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Articles of Organization or Incorporation $800.00 - $1,750.00
Does not include state fee (varies by state)
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Tax Identification Number $85.00
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S-Corporation Election $85.00
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New Quickbooks Set-up $300.00
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Preparation of Form 1023 Federal Application for Tax Exempt Status
Small Tax-Exempt entities average $1,750.00 - $2,300.00 (Does not include Federal Fee $400.00 - $850.00)
TAX PREPARATION SERVICES
CPS SMALL BUSINESS SOLUTIONS AND SERVICES'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 avoid complications and to be sure wishes are followed. Having your taxes thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.
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IRS Resolution & Audit Support
$150.00 per hour
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Federal or State Correspondence
$150.00 per hour
This fee does not apply to current clients for tax years we were engaged for.
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Individual Income Tax Preparation
1040 and state return and related forms or statements, including cost of e-filing (does not include audit support) $125.00 - $850.00
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Individual Amended Income Tax Preparation
1040X and state amended return and related forms or statements (does not include audit support) $395.00 - $850.00
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Business Income Tax Preparation $495.00 - $2,500.00
1120, 1120S, 1065 and all related forms including state return and cost of e-filing (does not include audit support)
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Tax Exempt Federal Return Preparation
$600.00 - $1,200.00
Form 990's and all related forms (does not include audit support)
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Sales Tax Return Preparation
$100.00 - $150.00 per filing per state (does not include audit support)
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Annual 1099 Filing Preparation
$250.00
Filings for up to 5 contractors ($10.00 each employee over 5) (Does not include audit support)
BOOKKEEPING SERVICES
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities.
CPS SMALL BUSINESS SOLUTIONS AND SERVICES's bookkeeping services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
These services include but are not limited to:
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General ledger and financial statement preparation
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Bookkeeping (Monthly, quarterly, or annual)
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Accounting system setup and support
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Payroll processing
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Personal financial statements
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Corporate tax planning and return preparation
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming.
CPS SMALL BUSINESS SOLUTIONS AND SERVICES can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
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Monthly/Quarterly Bookkeeping Services
Small Businesses starting at $160.00 per month
SOFTWARE DEVELOPER
CPS SMALL BUSINESS SOLUTIONS AND SERVICES’ software developer services has more than 20 years in IT Area, having experience working and implementing networks LAN, MAN, WAN, Server Linux/Windows, Databases MySQL/MSSQL and Software Developer in WEB/Cloud/Windows Environments.
We can develop software completely adaptable to your way of work as your needs.
PAYROLL PREPARATION SERVICES
CPS SMALL BUSINESS SOLUTIONS AND SERVICES'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.
We process your payroll, file the payroll forms and annual reports.
We have payroll specialist that all they do is payroll. You do not have to go to the accountant that does it all! We have specialists that dedicate their time for each and every need you have. That way you are at peace knowing you are in the best hands.
If you would like more information such as pricing, advice, or just want some questions answered feel free to contact us.
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Fast, easy, accurate payroll and tax, so you save time and money.
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Payroll services that save you time!
Leave payroll to us!
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Payroll processing that’s faster and easier — locally and globally!
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Payroll services built for your organization’s size
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Payroll Quarterly Return Preparation $125.00 per filing
Quarterly 941 and applicable state filings - Fee is per filing for up to 5 employees ($10.00 each employee over 5) (Does not include audit support)
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Payroll Annual Return Preparation
$250.00
W2 & W3 filings for up to 5 Employees ($10.00 each employee over 5) (Does not include audit support)
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We’re also a proud partner with ADP.
INSURANCE, REAL ESTATE, INCOME TAX AND OTHER CLASSES
At CPS SMALL BUSINESS SOLUTIONS AND SERVICES, we Improve management through education for Brokers and salesman (RE Statutory courses and renewal license), Tax Course, Notary course, Insurance course, pre licensing courses.
QUICKBOOKS ACCOUNTING HELP AND ASSISTANCE
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, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.
CPS SMALL BUSINESS SOLUTIONS AND SERVICES 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.
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Quarterly Quickbooks Review & Reconciliation
Small Businesses average per quarter $400.00 - $1,000.00
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New Quickbooks Set-up $300.00
LIFE INSURANCE
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Simple, affordable term life insurance
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Benefit- and feature-rich solutions
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Your own representative interested in you
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Up to 70% of face amount terminal illness benefit with waiver of premium with a maximum of $400,000
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Industry-leading renewal options
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Family banding
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Unique custom term solutions
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Increasing Benefit Rider
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HOW MUCH IS ENOUGH?
It's not an easy question, but determining how much protection you need is the first step to securing your family's goals and dreams.
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INCOME
A wise life insurance purchase is like buying a substitute for your income that can mean the difference between maintaining your family's current standard of living and financial disaster for those left behind.
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MORTGAGE
Housing can be a family's largest expense. Including the amount of your mortgage payoff in your insurance amount assures your family that they can continue to live in their home.
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EDUCATION
Don't let your children's dreams die if you do. Factor in the costs of education when calculating the amount of life insurance you need. Imagine the peace of mind knowing their education is secured no matter what.
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DEBT
Even in the event of your untimely death, your debts live on. When determining the amount of life insurance you need, be sure to include funds to pay off your debts, including your final expenses.
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OTHER SERVICES:
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Prepaid legal
Identity Theft protection
Auto & Home Insurance Referral Program
Financial Needs Analysis (FNA)
If you're like many people, you're in the dark about your finances. You pay your bills each month and do your best to prepare for the future. But the truth is, there's only so much money to go around and preparing for the future can be overwhelming.
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One of the most important building blocks in establishing a firm financial foundation is determining the difference between "wants" and "needs." Sounds simple, doesn't it? A "want" is something you don't require for basic survival and a "need" is something you must have to live. Yet, sometimes it can be hard to tell where a "want" begins and a "need" ends - especially where immediate family is concerned. Financial health is all about the choices you make over the long term.
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Financial Needs Analysis (FNA). The FNA gives a detailed overview of your current financial situation and suggests a personalized strategy for your financial security. The FNA is complimentary, confidential and customized for every family that we serve.
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THE BENEFITS OF AN FNA
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INCOME PROTECTION
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RETIREMENT INCOME
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DEBT SOLUTIONS
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EDUCATION FUNDING
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FINANCIAL INDEPENDENCE
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