"Helping our clients Manage Finance, Optimize Resources and increase Financial Credibility"
About Us
Kartha Finacial Inc has been providing Tax and Accounting services 1998. we are located in Northeast Philadelphia. We are based in Philadelphia providing tax, accounting, payroll and bookkeeping services to small and medium size businesses. We prepare tax returns for individuals, sole proprietors, partnerships, LLCs, corporations and other types of business forms. Periodic financial statements, budgets and finacial projections are our specialty.
Start Up
Choosing the right entity: That assures both reducing your liability exposure and tax obligations.
You can also modify your current entity to enable you to reap the tax benefits. A review of your current structure and modify them may bring additional tax benefits to you. We can help you with incorporating your new business. Design an Accounting method, like cash or accrual method, Chart of accounts, could help you defer taxes, gain control of your cash flow and cash management. Internal Control is as important as any other financial tools. We can help you modify the current internal control and bring proper internal audits to deter employee theft, commingling of accounts and cover up.
Strategies for Growth
Business and Economic growth are not given, but created through strategic planning. Tax can be used as a tool for financial growth and financial stabilization. Identify Plan and strategic use and application of available resources can strengthen the entity and enable viability. Economic Growth is a time bound process that are time bound, timely action and periodic analysis. Properly managing the Business Risk helps reduce wastage of resources, time and administrative time. It is an art, more than a science, to optimize your resources.
Tax Portfolios
Allocation of tax between various portfolios to gain better control on Cash Flow, Tax Planning keeping in full compliance with tax laws. Multi-generation planning, allocate income between family members, pre-tax Vs post tax income allocation, and passive Vs Active income are some of the thoughts that can be applied to diversify tax sources.
Tax Compromise
Tax agencies allow Compromise Tax Obligations for less using considering your troubled financial situation. Compromise petitions are very time sensitive, depends purely on individualistic situations. Tax agencies are eager to settle tax obligations due to high collection costs and legal formalities. Affordable payment Plans are feasible with right presentations and proper filing. It is very important to manage tax levies.
Pre-Acquisition Consulting
You must have been dreaming to own a business, but you may need to ask the following questions to yourself:
Is that the right business for you, Is the business risk too much, What is the yield or the Rate of return, What are the exit strategies if the project fail, How do I do projections .....
Wealth Accumulation
Your material achievement are measured by the size and character of wealth you have accumulated over your lifetime
Is the rate of growth reasonably good. Strategies to achieve your wealth accumulation goals