Cash Flow Planning for Life

Are you a business owner that needs help with cash flow planning? controllership? forensic accounting?

Or perhaps an individual that needs assistance with your tax planning and preparation, or resolution of an IRS tax problem you have incurred?

Stay Current on Available Accounting Services

Each year brings about changes in the world of accounting.

It is easy to fall behind with your tax planning and preparation, which may end up causing you tax problems with the IRS. Without resolution of an IRS tax problem, you can end up having to pay tax penalties in addition to the original amount you owed.
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Do you have an outstanding income tax return with the IRS?

Do you owe money to the IRS that is past due?

Would you like to resolve the problem?

IRS Tax Problems

Are your tax problems keeping your awake at night? When you fail to file your returns and to pay your taxes, you incur penalties.

IRS tax problems can multiply quickly when they are not resolved. Delinquent tax returns and outstanding tax balances are charged interest which is compounded daily.

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Are you considering a new business start-up?

Is your business going through some difficult times financially?

Do you need guidance with your tax planning?

These are just a few of the reasons why people look to a CPA for direction with their businesses.

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Are you a small business owner?

Have you been considering starting a small business? 

Are you looking for guidelines that can help you build a solid foundation for your business?

Every business owner is faced with the same business questions at one time or another. Not dealing with the questions can cause problems, they can even create hurdles that can eventually put you out of business.

Being proactive allows you to grow your business on a solid foundation. Understanding these questions can make the difference of whether they become a problem.

Reviewing the seven things to know from our free eBook, 7 Things Every Business Owner Needs to Know, can help create a positive working environment which allows you to grow your business while tackling these potential problems.

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Are you an Independent Contractor?

Do you receive a 1099 for income paid to you?

Have you prepared for your year-end taxes with a tax strategy?


The end of the year can be quite stressful as an independent contractor. If you haven’t planned for your year-end taxes, you may find out that you owe a substantial amount of money for taxes.

At Makara and Associates, we understand how this can happen. Our team will take the time to educate you on what your options are and work with you on developing a solid tax strategy, so you don’t find yourself in an unpleasant situation at the end of the year.

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Thinking about getting a divorce?

Would you and your spouse be able to work through the process together?

Do you know the valuable role a Neutral Forensic Accountant can have in a collaborative divorce?

Unfortunately, many divorces are not collaborative.

When preparing for a divorce, the stress can be overwhelming.

Financial friction between a couple when dividing assets and debts can end up in a long, drawn-out legal battle.

This is a situation where working with a “Neutral Forensic Accountant” can make a significant difference.

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Thinking about getting a divorce?

Interested in making the proper preparations to protect yourself financially?

Do you want what is in the best interest financially for your family too?

You know divorce is a life-changing event, and you have heard It affects over 50% of couples in the U.S. But understanding all the aspects of a divorce is more overwhelming than you thought.

Without the proper planning, it can be devastating emotionally, mentally, and especially financially. With proper planning, it is possible to move forward and get through it.

If you are working towards a non-contested, respectful and collaborative divorce and need guidance to make that happen, consider these tips from experiences I have had. However, if you are working with a contested divorce, brace yourself, there is no way to “plan” for that.

Although, having everything in order is the first step either way.

Consider reviewing the following checklist as a helpful guideline.
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Are you satisfied with the success of your business?

Does your business get the attention to details that it needs?

Do you feel confident that you are addressing all the changes in today’s complex business world?

Whether you are an entrepreneur or an established business owner, you know the importance of engaging an accounting firm to prepare your compliance related documents.

However, it doesn’t stop there, as there are many other challenges in running your business operations that your accountant can assist you with.

When was the last time you met with your accountant?

Did you address your current business needs as well as plan for your future?

At Makara and Associates LLC, our Certified Public Accountants and Consultants are committed to education and cutting edge technologies that allow us to offer our clients superior services.

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Is your CPA committed to education?

Does your CPA use cutting edge technologies?

Do you receive quality service?

These are the type of questions that your CPA should be happy to answer for you, giving you the “peace of mind” that you deserve.

Don’t settle for anything less.

Work with a CPA that is committed to continuous training and is well-versed in working with accounting in all facets of the economic chain.

Regardless of the size of your business, personal attention to accounting details are vital to the success of your business.
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Do you know what taxes you need to pay?

Are you familiar with what tax forms you need to file?

Do you have a tax strategy?

There are many potential pitfalls that independent contractors should be aware of. Receiving a 1099 for income paid to you means it is time for you to review your options as an independent contractor. The key is to understand what taxes you are responsible for and what tax forms you need to file.

As an independent contractor, not being prepared at the year-end can be very stressful. This is especially true if you find out you owe a large amount of money for taxes that you didn’t plan for.

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