Accounting

cta hansen solves your business needs from Accounting, Tax, Back Office Support and your day-to-day operations. We're not just an advisor, but your partner.

Accounting / Bookkeeping

cta hansen offers a wide range of services to fit the complex needs of small to medium sized businesses including tax preparation, tax planning services, and bookkeeping services which we provide with a service-oriented philosophy. Our office is large enough to handle your tax and bookkeeping needs, but friendly and individualized enough to satisfy your personal tax and accounting needs as well.

We know the importance of making our clients feel comfortable with numbers you need - to make your personal life and your small business successful, though you may not like dealing with numbers.

Whether you are a small business owner, or an individual with simple or complicated tax requirements, cta hansen can design a tax plan to help you organize and file quickly and painlessly. We can maintain your monthly records to slip seamlessly into your tax files to avoid searching back records. When that filing date comes, your tax return preparation will be straightforward and without surprises.

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CFO / Controller Support

Many smaller businesses cannot truly afford the financial expertise that is very necessary in running their business. A cost effective and efficient way for managing this problem is to hire our firm as a part time CFO or Controller.

Typical functions include:

Business Operations

  • Cash Flow Management
  • Infrastructure Development
  • Management Information Development
  • Process & Procedures Development

Business Planning

  • Strategic Plan Development
  • Financial Plan Development
  • Financial Analysis & Forecasting
  • Budget Development

Business Financing

  • Develop VC Ready Plans
  • Handle Financial Due Diligence
  • Develop Banking Relationships
  • Develop Leasing Relationships
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Sarbanes Oxley Compliance

Combining your Internal Audit and SOX 404 testing functions can save you time and money. At cta hansen, we derive a plan and implement a low cost solution to properly identifying your controls and testing them during the year in an efficient and cost effective approach.

Our process includes but is not limited to:

Project Scoping and Gap Analysis

Project Scoping is critical to SOX compliance efforts; planning saves time, effort and money. A high-level analysis identifies compliance gaps and sets forth plans for implementing internal controls and remediation of deficiencies. The steps include the following:

  • Discovering internal control programs and financial reporting processes and performing a risk analysis to determine the key controls.
  • Mapping IT systems that support internal controls and the financial reporting process from data capture to final statement publication.
  • Identifying and documenting areas of deficiency in control design and operating effectiveness of key control domains.
  • Developing remediation strategies

SOX 404 / IT Internal Audit / Controls Testing

Because SOX requires management to assess the effectiveness of internal controls on an annual basis, the internal audit function is critical to achieving compliance. MindSource leverages deep knowledge of compliance and the COBIT IT conrol framework to evaluate and test IT controls. This process includes:

  • Taking a risk analysis-based approach to identify the key IT general controls.
  • Assessing the control design and enumerating gaps, closely monitoring documentation deficiencies
  • Testing the operating effectiveness of key IT controls, noting all exceptions, significant deficiencies, and material weaknesses

Documentation

Using a trusted third party to manage and perform documentation can reduce the cost of compliance and take pressure off of internal resources. Creating, modifying, and storing documents typically occupy more man-hours than all other compliance activities.

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Tax Consulting

Our principal goal at cta hansen in the tax consulting area is to act as trusted advisors to our clients and provide day-to-day consulting on corporate, international, tax accounting, and other substantive issues. We understand the unique challenges faced daily by companies in the current enforcement-driven environment, including the pressures resulting from Sarbanes-Oxley legislation and the PCAOB, the tightening of standards in the accounting profession, and the IRS's policies of more audit currency and more assertions of penalties.

We work closely with our clients and develop strategies that meet the needs of our clients while maximizing potential tax savings. We are a partner with our clients and help establish tax positions in order to utilize all available options.

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State and Local Tax

At cta hansen, we address state and local tax issues for our clients, including general state tax consulting, nexus reviews, credits and incentives maximization, income tax and sales/use tax planning, and other special projects. We also specialize in California Enterprise Zone projects, including the EZ Hiring Credit and the EZ Net Interest Deduction for Lenders.

Our strength is in providing quality service backed by tested processes and organized documentation. We deliver results with customized implementation.

Some of the services available are:

Multi-State Credits and Incentives

We assist companies with the identification, quantification and substantiation of multi-state benefits available as a result of expansion, including:

  • Increases in company headcount and training (ie. Hiring Credits, Training Credits, Grants and Reimbursement programs).
  • Investments in property, plant and equipment (ie. investment tax credits).
  • Increases in research and development activities (ie. R&D credits).
  • Expansions in enterprise zones, renaissance zones, or similar targeted areas.
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Tax Compliance

Staying on top of federal tax law changes is a daunting task, and it's our responsibility to know the laws. Our experts ensure our clients comply with federal tax rules, and at the same time maximize their tax savings. Working with our clients to determine the best approach, our clients have our commitment to personal attention and federal tax insights to benefit them and their businesses. Clients can expect assistance from a cta hansen team member experienced in their industry and with ready access to technical and specialty areas that directly affect them.

Our goal is to create a long-term business relationship that is productive for both parties. Our team of experienced professionals provides personal attention and is proactive. While working to get the best return, our approach is risk-based and tied to every person's or business' unique situation. When appropriate our team may recommend and coordinate other services offered by cta hansen, therby providing access to a wealth of resources.

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