At Holmes & Swafford CPAs, the careful management of your finances is our top priority. We pride ourselves on giving you personalized and thorough service that meets your business or individual needs.
At Holmes & Swafford CPAs, we provide tax preparation and planning services for individuals, trusts and estates, and a wide range of businesses including partnerships, LLC's, C-Corporations, S-Corporations, and Non-Profits. In addition, we are familiar with Tennessee tax law and relevant compliance requirements for operating your business.
Taxes are probably the challenge that saps the most energy, the most imagination, and the most money from a business. Holmes & Swafford CPAs can help ensure your business is in compliance with the ever-changing tax laws but just as important we can guide you in creating and implementing your future tax saving strategies.
Every one of your financial decisions and transactions has a direct or indirect tax consequence. That is why the tax-efficient management of your business financial affairs is so critical.
Client services provided by our tax professionals:
Tax return preparation for corporate, partnership,not-for-profit, estate and trust entities
Looking for a little information right now? View the latest Tax and Financial News article in our Newsletter.
We provide compilation, review and audit accounting services. We offer these services on both an ongoing and a special needs basis, including fulfilling requirements as needed for contractors and other business operating in Tennessee and the Nashville metropolitan area. Please call us for details on how we can fulfill your accounting needs.
Visit our set of Financial Calculators for quick answers on topics such as your IRA, investments, your child's college tuition, and your mortgage or credit card calculations.
Employee benefits audits – For companies with 100 or more participants in their benefit plans, we ensure our clients are compliant with federal mandates through yearly employee benefits audits.
Financial and compliance audits of employee benefit plans are highly specialized due to the extensive reporting requirements and stringent regulations imposed by the Department of Labor (DOL) and the Internal Revenue Service (IRS). Holmes & Swafford CPAs is a current member of the Employee Benefit Plan Audit Quality Center (EBPAQC) established by the American Institute of Certified Public Accountants (AICPA). Tim Holmes has been registered with the EBPAQC since their inception in 2004. The center was established to enable firms to increase the quality of their audits through peer review requirements and to provide specialized resources to the auditors.
Our auditors have experience auditing plans with as many as 5,000 participants and with net assets over 75 million in assets. We currently audit defined contribution and defined benefit plans in the Nashville, Tennessee metropolitan area as well as the Southeastern region. Those plans are composed of 401(k) and profit-sharing plans, pension plans and 403(b) plans. We also have experience auditing master trusts, cash balance plans, and health and welfare plans for Voluntary Employee Benefit Associations.
EBP team members annually attend seminars including the national conference on employee benefit plans sponsored by the AICPA to keep abreast of changing EBP requirements and issues. Our auditors have the experience and knowledge to perform a quality audit, quickly and efficiently.
In addition to providing audit services for employee benefits, we also:
Provide tax preparation services for the 5500 filing requirement and related schedules.
As much as you would like, not everything fits neatly into your plans. So we provide a full range of consulting services to address those "out of the box" needs.
Check out our Newsletter for the latest article on Financial Planning.
Our QuickBooks Certified Pro-Advisor will identify your strengths and weaknesses in using QuickBooks. Based on this assessment, we will develop a plan to focus on the areas that are most important to your use of QuickBooks. We help all sizes of businesses including start-up companies.
Benefits we can provide include:
Areas of Services: Accountant Near Me Murfreesboro TN, Tax Preparation Murfreesboro TN, Financial Statements Murfreesboro TN, Employee Benefits Plan Murfreesboro TN, Quickbooks Advisor Murfreesboro TN, Quickbooks Support Murfreesboro TN, Bookkeeping Murfreesboro TN