Murphy & Company has experience in working with clients to resolve IRS and State disputes. We work hard to resolve matters quickly. If you, or someone you know, has recieved correspondence from the IRS or the State, please contact our offices.

Auditing Services-

Third parties relying on your financial statements (for personal/business loans, mortgages, etc.) often require an audit for assurance of the accuracy of a client's accounting system. We specialize in audits of non-profit organizations, for-profit companies, and condominium associations. In order to perform an audit, we carefully assess your company's financial statements. This includes the examination of internal controls, and conducting substantial tests of the information supporting the financial statements. We then document and present our opinion as to whether the statements prove to be in accordance with accounting principles and current tax laws. 

 

Estate Planning and Administration-

Our firm possesses a complete understanding of the delicate issues and various goals that our clients face when planning an estate. Our firm provides valuation of your loved one's assets, in addition to the preparation of estate, inheritance, gift, and fiduciary income tax returns. By implementing our expertise, Murphy & Company works to find the most tax-efficient  planning strategy, which is especially important, particularly in times of low interest rates and the ever changing economy. We strive to potentially maximize the value of your estate while aiding family and heirs with their tax liabilities.

Bookkeeping Services-             

Good bookkeeping records provide an accurate financial picture of your company that is critical when you need to make decisions regarding your company and its growth. Whether you decide to have our firm supervise your own accounting procedures, or choose to have us handle these tasks directly, we can provide the following services to help you achieve a better financial picture.  

  • an initial consultation to review current practices, become familiar with your ongoing needs and make recommendations
  • entry of new transactions in-house or at your business location as required
  • monthly bank reconciliation
  • payroll preparation including associated provincial and federal taxes and other deductions
  • period-end adjustments as needed 

 

Business Planning- 

Deciding where to obtain competent advice and reliable service is one of the most important decisions a business owner can make. The choice could influence the short and long term prosperity of your company. At Murphy & Company, LLC, we can assist you every step of the way. From first establishing your business and advising you on tax responsibilities, to preparing a business plan and expanding your company. We give your company the ability to grow with confidence.

Tax Planning and Services-

We strive to provide you with quality, up-to-date tax preparation and advice. Federal, State, and Local tax laws are constantly changing. By staying abreast of current tax laws, we are better enabled to accommodate your needs, minimize your liability, and maximize your opportunities.   

NetClient

It's Simple.

It's Secure.

It's Smart.

And it's available anytime, anywhere!

With NetClient, we're always in - and ready to serve you! NetClient comes with several convenient, easy-to-use, online services. We'll work with you to customize NetClient to best meet your needs.

Click here to learn more 

about our NetClient services 

 

Remote Payroll Data Entry -

 Need to get your payroll data to us? Just login from work or home in this very secure and private, encrypted environment. We will customize a worksheet especially for you to speed up the process.

Remote Payroll Check Printing -

You can even print your payroll checks in your office! As soon as we've processed your payroll checks, we make them available to you via your portal so you can download and print them instantly. That's quick delivery!

Payroll Tax Liabilities -

We will aid you in understanding your Federal and State tax obligations. For your convenience, all payroll taxes are automatically calculated and withheld every pay period for all employees. We will also determine the amount of your quarterly tax payments and instruct you when, and how to pay them. If you prefer, we can arrange for your federal and state payroll taxes to be paid through an electronic fund transfer from an account that is specified by you. Depending on your needs, we can schedule payments to be made weekly, monthly, or quarterly, for optimum convienience.

Direct Deposit -

In today's fast pace work place, many employees prefer having their pay directly deposited to a specified bank account. This saves time and hassle not only for the employee, but for you the employer. Funds are drawn from a designated checking/savings account and deposited to all participating employees on their pay day. Just another thing you won't have to worry about.