TAX SERVICES AND Chambers, Jackson & Fox

Chambers, Jackson & Fox prepares Federal and State tax returns for its clients. These include income tax, payroll tax, and estate tax returns. Chambers, Jackson & Fox also prepares annual information reports for non-profit institutions and pension and profit sharing plans. Chambers, Jackson & Fox assists its clients in tax planning and tax consulting and also represents its clients before tax authorities.


ACCOUNTING SERVICES

An audit is a systematic process of examining a company's financial statements. It consists of gathering and evaluating evidence to test the conformity of the statements with generally accepted accounting principles. An audit is designed to provide the users of financial statements reasonable assurance that the financial statements present the financial position and results of operation in conformity with those principles. An audit by Chambers, Jackson & Fox provides important information for management and other users of the financial statements, such as creditors or investors. An Chambers, Jackson & Fox audit adds credibility to the financial statements. Perhaps a client does not need the extensive procedures and assurance of an audit. In that case, Chambers, Jackson & Fox offers two other services: review and compilation. Review procedures, which are less comprehensive than those performed in an audit, still allow Chambers, Jackson & Fox to express limited assurance on a client's conformity with generally accepted accounting principles used in its financial statements. A compilation of a company's financial statements by Chambers, Jackson & Fox means taking financial information provided by the client and putting that information into a meaningful and appropriate format, but without expressing any assurance on the statements.


MANAGEMENT ADVISORY SERVICES

Businesses are constantly trying to optimize the wealth of the investors. Chambers, Jackson & Fox can assist its clients to improve the use of their resources. Business clients need a comprehensive strategic plan. Chambers, Jackson & Fox can assist in organizing, planning, and monitoring business developments. Other advisory services include computers and management information systems, personnel practices, inventory control, and relations with lenders or funding agencies. Modern business is fast, changing environment. Chambers, Jackson & Fox responds by emphasizing service and support.


ESTATE PLANNING

Chambers, Jackson & Fox frequently participates with attorneys, trust officers and other fiduciary positions to aid clients in the important area of planning.