Our Services

Community CPA & Assocaites Inc is a Certified Public Accountant firm providing tax, accounting & financial services. We have the expertise, experience, and compassion to serve you professionally. We offer the following services:

IRS Audit Representation Services

Whether the audit is with regard to your personal or your business tax issues, you can rely on Community CPA & Associates Inc to assist you in resolving your audit issues. We will personally meet with the IRS on your behalf and represent your interests professionally.

Tax Planning, Tax Structuring and Tax Preparation

Come to Community CPA and get your tax structure reevaluated. Proper tax planning and business entity reorganization may save you precious capitals that can be used to expand your business. We help you choose and form suitable tax entities and obtain all required licenses and permits for you to run your particular trade of business.

Tax Treaty and Cross-border Transition

We specialize in the following international tax resolutions:

• NAFTA Convention between Canada, Mexico and the U.S.
• Residency status determination for income tax purposes
• Immigrant tax planning and tax resolution
• Tax withholding on nonresidents
• Canadian tax and US tax filings, Visa limitations
• Foreign tax credit
• Canadian T1 and US 1040NR tax filings

Audit Services

Audit Engagement:
We understand that in order to perform a quality financial statement audit, it is necessary to go beyond the accounting entries to the underlying operations and activities that give rise to them. At Community CPA & Associates Inc, each audit is strategically assembled to include industry savvy professionals with familiarity to like practices and operations. Throughout the engagement, Ying and her managers are actively involved in the planning and execution of the audit, providing clients with a direct line of communication to the individuals most familiar with their business and their audit. Our financial statement audit procedures are tailored for each engagement, and include obtaining an understanding of the accounting system and confirming assets and liabilities with financial records, transactions and invoices. At the completion of the audit, we will issue financial statements that have been prepared in accordance with the generally accepted accounting principles (GAAP) and which will contain all required disclosures. We will include an opinion on whether or not your financial statements are presented fairly in accordance with generally accepted accounting principles.

At Community CPA & Associates Inc, we view the audit as an opportunity to building and developing a long-term relationship based on communication, trust and insight. We use the knowledge gained from the audit process to advise our clients on increasing efficiencies and identifying new ways to grow their business.

Review Engagement:
Though financial statement review procedures are less in scope than the procedures performed for an audit, our effort, planning and professionalism for these engagements remain at a high-level and focus on timeliness and efficiency. Our financial statement review procedures include: Analysis of account balance changes through analytic procedures; computing ratios meaningful for the company’s industry and inquiries of management. Upon completion of our financial statement review, our report will state that we have reviewed the financial statements in accordance with standards issued by the American Institute of Certified Public Accountants (AICPA), and whether or not we are aware of any material modifications that should be made to the financial statements.

Agree-upon Procedure:
In an agreed-upon procedures engagement, we perform specific procedures to assist our clients or other specified parties in evaluating certain subject matter, or assertions about subject matter, based on their needs. Our clients or specified parties agree on the procedures to be performed, and take responsibility for the sufficiency of those procedures for their purposes. We report on the results of applying agreed-upon procedures in the form of findings; we do not perform an examination or a review nor do we provide an opinion. The agreed-upon procedures are applied to the subject matter using the criteria selected. In an agreed-upon procedures engagement, responsibility for the nature, timing, and extent of procedures lies with the client or other specified parties.

The subject matter for an agreed-upon procedures engagement may take many forms and may be as of a point in time or for a period of time. Examples of agreed-upon-procedures engagements include: Due diligence on buying a business; Specific issues relating to selling a business; Cash and cash disbursements; Benefit Claims Audits; Employer Compliance/Payroll Audits.

Accounting and Bookkeeping

Let us handle your business accounting and governmental, local revenue authorities' monthly, quarterly tax reporting needs. With our advanced accounting technology, you can be in contact with us 24/7 through our portal service. We help you to keep your book clean, to avoid commonly made mistakes and be very clear about your bottom line at any given time. We compile financial statements regularly and post them on the portal for your easy access. We are known to be very accessible and very commentating to our client's needs. Our portal system is 24/7, our office staff members are 9:00am to 6:00pm 6 days a week.

24/7 Payroll Administration

Our online payroll administration system is enabled with the state-of-the-art technology. Clients may submit and access payroll information 24/7 by logging onto their secure, private portal. Paychecks can be deposited into employees' bank accounts directly or be retrieved electronically. Internet technology has erased distance barriers and we serve payroll clients nation-wide.

Business Loan and Business Plan

Are you thinking about starting a business on your own? Are you wondering what is your first step in that direction? Community CPA & Associates can help. We will take you through the "Three Steps to Run a Successful Business" plan.

The Three Steps are:
1) Putting together a business plan
2) Setting up a tax structure to support the plan
3) Obtaining business loans

Business Valuation Service

Our professional business valuation report can be relied upon in a variety of business, personal, and legal context, such as litigation support, mergers and acquisitions, business dissolution, buy-sell agreements, divorce settlements, and ESOPs. No more guessing games.

Financial Services

Community CPA & Associates is teamed up with IMC Financial to provide a complete range of financial consulting and brokering services to help clients cope with the complexity of financial needs. Let us be your first point of contact for all your finacial & buasiness needs or issues.