At ZR Associates, our tax professionals are proactive and strategic thinkers focused on maximizing your after-tax cash flow. We believe in customized tax planning that aligns with your business objectives and personal goals. Our services include:
Federal, state, and local income tax planning and return preparation
IRS and state audit representation
Strategic tax planning for business owners and high-net-worth individuals
Estate and gift tax planning
Executive compensation consulting,/li>
Mergers, acquisitions, divestitures, and due diligence
We work closely with your practice administrator to prepare detailed customer reports. These reports help doctors and administrators manage and plan effectively, ensuring revenue maximization for your practice.
ZR Associates assists in structuring compensation plans tailored to motivate associates and allow equity principals to achieve their desired profit margins. We also provide advisory services on:
Cost-cutting strategies
Financial implications of healthcare legislation
Lease negotiations
Our benchmarking service includes a thorough analysis of your annual financial statements. We prepare and present a detailed report that explains the underlying data driving the performance of your medical practice.
Through Strategic Capital Advisors, we offer guidance on employee benefit programs, including:
401(k) plans
Pensions
Profit-sharing
Cafeteria plans
We review new doctor agreements to assess their cash flow impact and create budgets that help new doctors track their progress and productivity.
We provide support for practice managers by:
Maintaining accurate books and records
Addressing cash flow requirements
Complying with bank reporting and covenant requirements
Reconciling medical billings and collections with accounting systems
Customizing charts of accounts and departmental reporting for better management
Accurate and timely financial statements are critical for effective business management. At ZR Associates, we go beyond standard accounting software, staying ahead of tax law changes and emerging technologies to improve profitability, cash flow, and business opportunities.
Whether you need help producing monthly financials or require full outsourcing of your accounting function, ZR Associates provides:
Timely, professional accounting support
Enhanced decision-making capabilities
Improved banking relationships
Relief from the burden of maintaining internal accounting teams or investing in costly software