Alexander, Almand & Bangs, LLP has been been providing public accounting services to the Gainesville / Greater Hall County area since 1971.
Our firm offers a wide range of services to our individual, business, and not-for-profit clients. Our clients benefit by getting personalized, quality service that is beyond comparison. We tailor our accounting, consulting, payroll and tax services to your specific needs and industry. Below we have listed the services that we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional. Drop in today to see how we can meet your financial needs.
We provide proven quality and superior insight, so you can be sure you are getting the most accurate service to your best benefit every time.
Who We Are
Alexander, Almand & Bangs, LLP has been your trusted partner for accounting services since 1971. With the value we place on our client relationships and our partners' combined experience of over 70 years, you will not find a higher commitment to excellence.
Accounting and Auditing
Alexander, Almand & Bangs, LLP provides extensive financial assessments for businesses, governments, not-for-profit organizations, construction firms, and similar companies. We audit your financial condition and offer a plan to improve areas of concern. As the foundation of our business, we provide quality, value-added accounting services while adhering to the highest moral, ethical and professional standards required of our profession.
Business Taxes & Valuation
AA&B prepares all corporation income tax returns in an efficient and accurate manner. We provide tax return preparation services for S-Corporations, C-Corporations, LLC, LLP, partnerships, and sole proprietor businesses.
Compiled Financial Statements
A compiled financial statement has not been reviewed or certified by a third party. Companies often release compiled financial statements when timeliness of the financial information is of utmost importance, since auditing a financial statement can take some time.
Corporate Tax Planning
Corporate tax planning activities generally seek to avoid legally triggering tax costs rather than illegally evading an existing obligation to pay taxes. Tax planning represents a forward-looking activity, as opposed to tax compliance or reporting, which reflects back on events that have already occurred. Corporations typically engage certified public accountants for technical advice in this complicated area.
Data Processing Services
For accountants, data processing involves bookkeeping, journal entry review and trial balance preparation.
Estate/Trust Taxes & Tax Planning
We offer estate and trust tax return preparation, both state and federal, where required. We look for post-mortem planning opportunities that may save your estate significant tax expenses. Even when a federal estate tax form is not due, post-mortem planning can be considered to help ease the tax liability of the surviving spouse's estate.
Individual Income Taxes & Tax Planning
Your taxes are as individual as you are. We take an active approach to our tax planning and tax return preparation services, giving you the personalized guidance you need to reach your goals. Our firm specializes in individual tax preparation, especially in dealing with more complex multi-state return filings. We develop ways to implement appropriate strategies to reduce, affect the timing of, or shift either current or future income tax liabilities. We also recommend strategies based not only on the tax consequences themselves, but also in light of your overall financial goals.
We can help:
Design strategies you can follow throughout the year to reduce your taxes, save money and achieve a smoother tax preparation process
Clarify the impact of the latest tax laws, legislation and IRS rules on your tax liability
Identify the long- and short-term tax consequences of your spending, investment and other financial decisions, and advise you on the steps you can take to reduce your future tax liability
Counsel you through tax return issues, complete all required forms and compile necessary backup materials
Explain what the numbers mean and ensure you are complying with the law, so you know what’s in your return and can be confident in its accuracy.
Management Advisory Services (MAS)
MAS is performed by CPA firms to improve client efficiency and effectiveness. Within a CPA firm, MAS departments are kept independent of other departments such as audit and tax. Examples of MAS services include computer installation and use, marketing and financial planning.
Through the execution of our payroll services, we gain a deeper knowledge and insight into the overall fiscal picture of the company – we see areas of inefficiency and have the financially-based business acumen to recommend changes that can help the company retain more profit so it can grow.
Reviewed Financial Statements
We will obtain a general understanding of your organization's:
Industry, as well as information about their operations, products, and services
Qualifications of your accounting personnel
The accounting basis on which the financial statements are presented
The form and content of the financial statements
Software Implementation / Support Systems Development
A product software implementation method is a systematically-structured approach to effectively integrate a software-based service into an organizational workflow with ongoing support.
ERISA is the acronym for the Employee Retirement Income Security Act of 1974. ERISA is a federal law that sets the standards for most voluntary established pension plans in private industry to provide protection for individuals participating in these plans.