At Northrop Financial Group, we aren’t your average CPA firm. We don’t just prepare accounting and taxes for our clients. We team up with our clients to help them with solutions!
Most accounting firms record history through accounting and tax preparation. Our firm helps our clients with the future, not just the past!
A sample of some of the Business Advisory Solutions we provide our clients are below:
Business Entity Selection
What is the best entity for me?
Cash Flow Planning
How much of my income is really mine?
Income Shifting Strategies
Entrepreneurs Financial Aid package
Tax deductible secondary education
Social Security Benefits and Retirement Income Planning
Maximize your equity position and extend your retirement income
Maximize the Value of your Business
Business Succession Planning
Business acquisition/sale strategies
Operating your LLC or Corporation
I have an entity, now what?
Business Operations and Documentation
How to make yourself “Audit Proof”
“Entrepreneur Friendly” record keeping systems
Independent Contractor vs Employee
IRS 3 Factors Test – Do you pass?
How to Build Tax Free Wealth
Understanding the power of a ROTH IRA.
Become your own bank
AND MANY MORE…
Corporation/LLC Income Strategies
How to pay yourself!
Alternative income strategies
Company Fringe Benefits
Maximize owner/officer fringe benefits.
Passive Income Limitations & Rental Property Review
Navigation of the IRS Passive Loss Limitations
Are you considered to be a “Real Estate Professional?”
Maximize the Tax Benefits for your Rental Properties
How to defer tax with your rental investment properties.