We believe that the selection of an accounting firm is one of the most important business decisions an individual or business owner can make.

In today's complex financial environment, the firm you select should provide more than auditing services, and estate and tax planning. It should be your advisor - a partner you can turn to year-round, whenever you are faced with a decision that will affect your financial future.

Jain & Jain has been and continues to be such a partner to our clients. We are professional, pragmatic, and empathetic in our approach to cater to your needs. We help our clients through new ventures, rapid expansions and even through hard times.

Accounting Services
Our firm offers a complete range of accounting services, including receivables, payables, and payroll management. We also provide a full range of cost effective financial accounting services including the following:

• General ledger & financial statement preparation
• Bookkeeping (Monthly/Quarterly/Annual)
• Sales & Use/Business Property tax return preparation
• Personal financial statements

Write-Up
Our firm provides the full range of write up services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and receivables and payables tracking and analysis. Our qualified staff can assist you with the day-to-day tasks associated with keeping your books balanced.

Audits, Reviews & Compilations
We provide our business clients three distinct levels of assurance services relating to financial statement reporting.

• Audits are often necessary to comply with the requirements of lending agencies and financial institutions,, suppliers, regulatory agencies or others who rely heavily on the information contained in your financial statements. This is an intensive examination with the highest level of assurance.
• Review is an evaluation of your company's financial statements using management inquiries, analytical procedures, and our knowledge of the industry and your business. The scope of a review is less than an audit, but it provides "limited assurance" that nothing came to our attention requiring modification.
• Compilation requires the assembling of financial data from your accounting records and presenting, in the form of financial statements, information that is the representation of management (owners) without undertaking to express any assurance on the statements. This is the most basic level of assurance.

Tax Planning & Preparation
Through a proactive approach, we seek to minimize the tax burden and maximize the available tax benefits for individuals and businesses.

We do federal and franchise tax planning, consulting and preparation, including review of previous returns for possible refund opportunities. Our firm continuously monitors federal, state, and local tax law changes to provide our clients with services that help them avoid pitfalls and take advantage of existing opportunities. We take a proactive approach to taxes by meeting with our clients before the end of each year for tax and financial planning and tax projections. This allows our clients to plan properly and avoid unnecessary tax surprises.

We aggressively identify planning opportunities and coordinate your finances within the complex requirements of the federal, state and local tax laws to help you realize your goals and minimize your tax expense.

• Tax planning & return preparation for:
  • Individuals
  • Corporations
  • Partnerships
  • LLCs/LLPs
  • Estates, trusts & gift
• Representing clients before tax authorities
• Due diligence in the sale or purchase of businesses

Financial Forecasts & Projections
Forecasting is a necessity when trying to effectively manage and lead a business to its financial goals. From projections to complex financial modeling, our experienced staff can assist you in achieving your company's objectives. Furthermore, we can also represent your company before banks, investors, buyers or sellers, including preparation of Projections, Forecasts, and Private Placement Memorandums (PPM).

Cash Flow & Budgeting Analysis
A business can be profitable and still run into trouble due to peaks and valleys in cash flow. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses on a monthly, quarterly, or annual basis. Additionally, our firm offers expert cash flow and budgeting analysis that can help you minimize cost overruns, lost purchase discounts, and uncollectible receivables.

We listen to our clients to gain an in-depth understanding of their business and specific needs. Please free to call or email us whenever you need additional information.