Broker Check

Industries

Real Estate Agencies

At McHugh CPA Group, we help business owners navigate the financial side of their operations so they can achieve prosperity. We have worked closely with real-estate agencies, and have gained many insights about how the changes in tax laws can affect your bottom line. We make sure that your business is structured to reduce your tax liability. We listen to your business objectives and concerns and then develop a plan to help you manage and grow your business. We also help you map out your budget for the future.

Our real-estate accounting services include:

  • Tax preparation
  • Tax minimization strategies
  • Outsourced accounting and bookkeeping
  • Acquisition due diligence
  • Cost-segregation analysis for tax deductions
  • 1031 exchanges for investment properties
  • Cash-flow analysis
  • Entity selection assistance
  • Tax deferral transactions
  • QuickBooks training and support
  • Passive activity deductions
  • IRS problem resolution
  • Month-end closing
  • Budgets and financial projections
  • Annual, monthly, and quarterly financial statement preparation

 

Restaurants 

At McHugh CPA Group, we help business owners navigate the financial side of their operations so they can achieve prosperity. Managing a successful restaurant comes with a unique set of challenges. While you focus on daily operations, our experienced accountants can handle the financial details.

Our restaurant accounting services include: 

  • Outsourced accounting and bookkeeping
  • Outsourced chief financial officer services
  • Income-tax returns, sales tax, and payroll
  • Careful tax planning to minimize your tax liability
  • QuickBooks training and set-up services
  • Selection of the right point-of-sale accounting system
  • New business advisor services
  • Tip reporting and allocation
  • Inventory management systems
  • Profitability analysis
  • Budgets
  • Menu-pricing analysis
  • Monitoring of overhead
  • Monthly financial statements
  • Fixed-asset maintenance
  • Bank reconciliations

 

Healthcare 

At McHugh CPA Group, we help business owners navigate the financial side of their operations so they can achieve prosperity. We provide expert accounting services for medical practices. We develop internal controls, establish effective reporting procedures, and streamline overall operations. Our accounting professionals guide clients through complex tax issues and provide easy to understand financial statements. We help you manage cash flow efficiently and stay on top of monthly finances.

Our healthcare accounting services include:

  • Outsourced accounting and bookkeeping
  • Business tax preparation
  • Tax-planning strategies
  • Assessment of controls analysis
  • Practice valuations
  • New practice start-up assistance
  • Practice management consulting
  • Practice acquisition
  • Profit-and-loss analysis
  • Cash-flow management
  • Budgets
  • Help with IRS tax problems
  • Retirement planning
  • Wealth accumulation planning
  • QuickBooks training and support

 

Small Business

At McHugh CPA Group, we help business owners navigate the financial side of their operations so they can achieve prosperity. We provide tax and accounting services for an extensive list of small businesses such as insurance agencies, consultants, technology companies, retail businesses, small contractors, restaurants, hair salons, and more. Our knowledgeable accountants help them improve their financial control, establish a sound budget, improve cash flow and more.

Our services include:

  • Help you apply for business loans
  • Handle outsourced accounting and bookkeeping services
  • Assist with budget preparation
  • Develop cost-and-profit projections
  • Serve as your new business advisor
  • Provide tax-planning and -preparation services
  • Assist with an IRS audit
  • Prepare your financial statements
  • Help with retirement and succession planning
  • Conduct business valuations
  • Serve as your chief financial officer/controller
  • Help with business loans and debt restructuring
  • Provide support for QuickBooks

 

Manufacturing

At McHugh CPA Group, we help business owners navigate the financial side of their operations so they can achieve prosperity. We understand the specific needs of manufacturing companies. We develop internal controls, establish effective reporting procedures, and streamline overall operations. Our accounting experts guide clients through complex tax issues and provide easy to understand financial statements. We help you manage cash flow better and stay on top of monthly finances. 

Our manufacturing accounting services include:

  • Tax credits and incentives
  • Cost-Benefit Analysis
  • Supply chain management
  • Operations consulting
  • Cost segregation analysis
  • Budgeting
  • Cash flow analysis
  • Product line evaluation
  • Industry benchmarking evaluation
  • Payroll services
  • Accounting and bookkeeping services
  • Tax planning
  • Tax preparation and reporting
  • Cost reduction analysis