Gerri Harrison Financial Services

Tax Preparation and Tax Planning

Are you paying too much to Uncle Sam?

Gerri A Harrison CFP EA has been preparing income taxes since 1983.  We can prepare federal, any state return and local returns.  We prepare both individual and business returns including C and S corporations, partnerships and LLC returns.  We have experience in preparing estate and trust fiduciary returns as well as gift tax returns.  Electronic filing is done for free when we prepare the returns.

Tax preparation is secondary to tax planning.  We want to help you legally reduce your tax liability to the minimum amount possible.  We work to help you restructure income and maximize deductions to lower your taxes.

Quarterly estimated tax payments, payroll tax reports and sales tax reports can be prepared.

We can work with the IRS or any state agency to resolve disputes, handle audit and correspondence notices and negotiate installment agreements.  We can prepare an offer-in-compromise when you do not have the ability to pay a debt in full and want to try to settle for less than what is owed.

Small Business Consulting

Are you looking for answers?

Gerri A Harrison CFP EA offers consulting services for your small business.  We can assist you in obtaining the required tax numbers, permits and licenses.  We can help you determine which form of entity is best for you to do business – sole proprietorship, partnership, corporation (C or S), or LLC.

We can show you how to set up and maintain a set of books.  Books can be set up manually – using the Safeguard system, ledger cards, or Dome accounting books.  We can help you set up a computerized system – using Excel or Quickbooks.

We can help you in determining the appropriateness of expenses, pricing strategies, lease versus purchase options and credit assistance.  If you need assistance, we can help complete the financial portion of a business plan.  We can assist in filling out loan applications.  We can produce financial statements – income, balance sheet and cash flow.

We determine expected income tax liabilities and set up quarterly estimated tax payments.  Completion of payroll tax reports, Form 1099s forms and sales tax reports in addition to income tax forms preparation is available.

We can help you determine which fringe benefits and retirement plans are applicable and most appropriate for your type of entity.  This can help you make personal expenses legitimate business deductions.

The key to our small business consulting is service.  We expect you to be calling us with questions as you go about your daily business.  If we do not know the answer, we have the resources to find out.

We are willing to do an initial one hour consultation for free.  Please call for your appointment today.

Financial Coaching

Is your financial life a mess?

As a certified wealth coach, Gerri A Harrison CFP EA can help you organize your financial life.

We help you determine your financial goals, what is important to you.  We create a plan for achieving those goals.  This can be anything from getting out of debt, financing a dream vacation, you going back to school or sending your children/grandchildren to school or starting your own business. And the all important – getting you to retirement.

We can assist you in setting up a debt repayment plan that works towards getting you out of debt.  We are not a debt consolidator and we do not work with creditors.  We teach you how to do that.

We analyze spending habits to create a personalized spending plan for you.  This does not mean taking away every bit of fun that you have.  It is becoming conscious of how your money is spent and determining what is important to you.  A personalized spending plan is not meant to be a restrictive budget that you will follow for a short period of time and then give up on.

We analyze your credit report and work with you to increase your credit score.  This will potentially lower the cost of your borrowing, lower your insurance rates and give you more access to money.  We teach you appropriate uses of credit cards and various forms of credit.

We look for ways to automate your finances so that you do not need to be a slave to them.  Ongoing monitoring services are available.  Meetings can be as often as weekly or as little as once a month.  Email and phone support are available for those in-between times.

Our intent is to educate and to be someone who you are accountable to.  We want to get you on the right track and then keep you there.

We are willing to do an initial one hour consultation for free to introduce you to our services.  Please call for an appointment today.