Uncover EVERYTHING in a comprehensive contract review.
You don’t want to go into a battle with a blindfold on. That would just be devastation. The same goes for entering into contracts on behalf of you or your business. You don’t want to have surprise tax obligations or any other adverse outcomes. We offer comprehensive contract reviews for our clients who embrace the safety net that it can provide.
We’re a full-service CPA firm serving countless businesses and entrepreneurs across the nation in a wide array of ways. Our experience is extensive and our mindset for progressive accounting technology is even stronger. Now that you know about us, let’s get into the specifics.
What does a contract review entail?
In an effort to keep this as simple as possible, we’re not going to make you read a book on contract reviews. It’s really not that complex even though there are many people out there who will try to make you think otherwise. Instead, here’s the synopsis of a contract review.
When you enter into contracts with clients or for other business operations, there are numbers that lie between the words. Not to mention the many regulations set forth by the IRS and other regulatory authorities requiring you to accept tax liabilities. During a true contract review you’ll be able to find out what taxes you’re liable for as well as whether it’s truly a sound contract to enter into.
When is it a good time to do a contract review?
Anytime that you enter into a contract you should have it reviewed. Especially when it has to do with the finances of your company. If you neglect to do this you could cause a loss and thus limit the impact that your business has for the long term. Instead of waiting until disaster strikes you should always have contracts review before putting it into play full-force.
Think of it as an extra layer of protection helping to ensure the best interests of you and your company are upheld at all times. This is something that nobody can afford to ignore.
What’s the difference between the DIY approach and using a CPA firm?
You can easily glance over a contract and see what lies on the surface. However, do you know every law and regulation in the book? Probably not, which would lead you to an unreliable decision made on your behalf as well as the behalf of your business.
A tax professional can help by using their experience sifting through contracts to uncover ever positive and negative aspect of it. This is A LOT safer and in the end it would lead you to producing much better results than if you were to do it yourself. Here at GLG, we have done contract review for years and we even have employees who have had the opportunity to work for the IRS on certain occasions.
Would you rather be represented by the best or have bare minimal representation?
How can I get my contract into the hands of the experts at GLG?
First things first, just setup your free contract review consultation. We’ll get on the phone and start the process immediately. Once we have a chance to look over your contract we’ll advise you on any adjustments that may need to be made or whether it’s something that you shouldn’t sign off on.
Every step of the way you’ll be kept informed about our findings and what we’ve done to provide you with the best outcome for the contract possible. Once the needed changes have been made, you’ll get the contract back and be able to proceed.