Business Services


Creating value through partnership.

Whether you own an emerging or established business, partnering with an experienced and reputable accounting and financial planning consulting firm is paramount.

Waters CPA Group has a reputation for professional integrity, superior client services and years of experience. We focus on much more than the numbers, we focus on understanding our client’s unique financial planning objectives and create a partnership based on trust and performance.

We provide clients with comprehensive tax planning, consulting and compliance services--proactively delivering accounting and financial planning solutions designed to minimize our client’s tax burden.

Waters CPA Group offers the following Tax Planning and Financial Consulting Services:

  • Implementation and Auditing of Compliance Programs
  • Compensation Allocation Agreements
  • Accounts Receivable Management
  • Implementing Billing Systems
  • Benchmarking Practice Operations
  • Retirement Planning
  • Investment Strategies
  • Practice Valuations
  • Buying and Selling a Practice


 
Tax Planning and Preparation
  • Non Business Income Tax Planning and Return Preparation
  • Resident State Tax Return Preparation
  • Federal Income Tax Returns
  • State and Local Tax Returns
  • Intangible Property Tax Returns
  • Tangible Property Tax Returns
  • Estate and Gift Tax Planning and Returns
  • IRS and State Tax Representation
  • Sales Tax DR-15 Services
  • Payroll Services
  • Sole Proprietor
  • Partnership
  • Limited Liability Corporation
  • Corporation (C)
  • Corporation (S)
  • Non Profit
 
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Financial Statement Preparation
  • Balance Sheet
  • Statement of Income
  • Statement of Equity Changes
  • Statement of Cash Flows
  • Notes to Financial Statements
 
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Bookkeeping Services
  • Record Journals
  • Post General Ledger
  • Bank Accounts Reconciliation
  • Employee Earnings Records
  • Sales Tax Returns
  • Payroll Tax Deposits
  • Payroll Tax Returns
  • Form W-2s
  • Form 1099s
  • Year End Adjustments to General Ledger
 
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Audits, Reviews and Compilations
  • Audit – Financial Statements
  • Audit (Balanced Budget Act 1997) Standards – Medicare Compliance
  • Compliance Audits
  • Corporate – Financial Accounting
  • ERISA Audits
  • Grant – Federal/State Compliance Audits
  • Governmental – Governmental Accounting Standards, Single Audit Act, OMB133
  • Medical Chart Audits
  • Non-Profit
  • Corporate
  • Sales and Use Tax Audits
 
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Computer Consulting

Waters CPA Group’s goal is to provide professional and cost-effective accounting system consulting services to businesses that are dependent upon efficient computer technologies.

We utilize the latest software for the most thorough tax planning and preparation services.

     
  • MAS 90
  • Creative Solutions
  • Peachtree
  • QuickBooks Pro Advisor
  • Great Plains
 
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PeopleSoft Consulting
  • Human Resources
  • Payroll
  • Labor Management Rules and Regulations
  • Federal Labor Laws
 
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Healthcare

A firm specialty, Waters CPA Group is an expert in the area of medical practice financial consulting & analysis, committed to ensuring our clients are comfortable in an ever-changing healthcare environment.

Today’s physicians are faced with critically important financial issues, including profit pressure, retirement funding and practice income/overhead allocation. Our goal at Waters CPA Group is to allow our clients to focus on their patients and not their financials.

Understanding that no two practices are alike, Waters CPA Group employs an experienced team of professionals uniquely qualified to assist physicians with all aspects of medical practice financial planning and analysis, beginning with an in-depth financial assessment.

Waters CPA Group offers the following Medical Practice Analysis Services:

     
     
  • Charge Master/Fee Schedule Analysis
  • Procedure Code Compliance Analysis
  • Correct Code Policy Edit Analysis
  • Relative Value Scale Analysis
  • Procedural Cost Accounting Analysis
  • EOB Based Reimbursement Analysis
  • Ambulatory Diagnosis Related Group (ADRG) Cost Analysis
  • Evaluation and Management Code Utilization Review
  • Capitation Code Analysis
  • Physician Productivity/Compensation Analysis
  • Resource Allocation Study
  • Audit – Financial Statements
  • Audit (Balanced Budget Act 1997) Standards – Medicare Compliance

In addition, Waters CPA Group offers the following Medical Practice Financial Consulting Services:

  • Implementation and Auditing of Compliance Programs
  • Compensation Allocation Agreements
  • Accounts Receivable Management
  • Implementing Billing Systems
  • Benchmarking Practice Operations
  • Retirement Planning
  • Investment Strategies
  • Practice Valuations
  • Buying and Selling a Practice
 
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Litigation Support

Waters CPA Group can provide attorneys financial expertise with regard to gathering supporting documentation and preparing analysis in the variety of different areas, including damages, lost profits, valuations, insolvency and professional liability. In addition, Waters CPA Group can provide expert testimony and witnesses in support of financial opinions and determinations.

Waters CPA Group offers the following Litigation Support Expertise:

  • Discovery Request
  • Financial Evidence Identification
  • Financial Statement Analysis
  • Trial and Deposition Assistance
  • Providing Expert Testimony
  • Marital Dissolution
  • Bankruptcy
  • Receivership and Liquidation
  • Contract Negotiations, Cost Analysis, and Claims
 
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Business Valuations

What is the value of your business? A question worth answering.

Regardless of company size or strategic intent, establishing an accurate assessment of value for any business requires in-depth, specialized knowledge. Waters CPA Group business valuation experts offer clients highly regarded business valuation services designed to assist in the determination of the fair market value of a company.

To learn more about our Business Valuation Services at Waters CPA Group we invite you to visit www.waterswealth.com.

 
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Business Consulting

In addition to traditional tax planning and preparation, Waters CPA Group provides clients with business consulting services designed to facilitate the profitable growth and competitiveness of their business.

We find even the most successful business owners can benefit from an objective business analysis at any stage of the company life cycle. Our experienced professionals partner with clients to develop long term and short term business plans, evaluate business operations and align performance metrics with key business drivers.

Waters CPA Group offers the following Management Consulting & Advisory Services:

  • Long Term Strategic Planning
  • Annual Business Planning
  • Marketing Planning
  • Operations Consulting
  • Process Improvement
  • Quality Management
  • Financial Analysis

 

 
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Waters Wealth Management

You are invited to learn more about Waters Wealth Management via our www.waterswealth.com website or contacting us directly at 813-855-4461.

 
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