Rainford & Rainford PC

EXCEEDING YOUR EXPECTATIONS

Accountant in New Bedford, MA (show on map)

3.7

★★★★☆

3 reviews

Rainford & Rainford PC is a full-service accounting firm licensed in MA, offering personal service and expertise to business owners, executives, and independent professionals.

Call (774) 628-9166

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About

Rainford & Rainford PC is a full-service accounting firm licensed in Massachusetts, with locations in New Bedford, Plymouth, and Martha's Vineyard. The firm offers a broad range of services for business owners, executives, and independent professionals, blending personal service with expertise.

Services include small business accounting, compilations and reviews, new business formation, tax services (preparation and planning), QuickBooks services, personal financial planning, estate planning, and elder care. The firm emphasizes a personal approach to tax planning and compliance, business advisory, accounting, and bookkeeping.

Personal service approach

Over 100 years of combined CPA experience

Broad range of services for business owners, executives, and independent professionals

Locations in New Bedford, Plymouth, and Martha's Vineyard, MA

Services

Small Business Accounting

We take care of your books so you can focus on running your business and generating profits. Includes monthly bank reconciliation, income statement generation, balance sheet generation, general ledger cleanup, consultations, and customization with tax planning/preparation.

Monthly bank reconciliation Income statement generation Balance sheet generation General ledger cleanup Consultations Customizable with tax planning/preparation

Compilations and Reviews

Provide two levels of assurance for financial statements: Review (limited assurance) and Compilation (lowest level of assurance). Reviews involve analytical procedures and inquiries, while compilations present management's representation without opinion or assurance.

Review Engagement (Limited Assurance) Compilation Engagement (Lowest Assurance) Analytical procedures and management inquiries for reviews Reliance on accounting principles and business understanding for compilations

New Business Formation

Assist with strategic planning to extend the 'thrill and excitement' period of starting a business, covering capital needs, borrowing power, business structure selection, accounting software setup, cash flow budgeting, billing procedures, cost control, home office setup, licensing, and payroll services.

Capital need assessment Borrowing power evaluation Business structure selection (tax advantages, legal exposure, ease of operation) Accounting software recommendation Cash flow budgeting Billing and collection procedures Cost monitoring and control Home office setup for tax deductions License and permit preparation Federal Employer Identification Number application Payroll and payroll tax filing

Tax Preparation

Offer tax preparation services for individuals and small businesses, leveraging over 100 years of combined CPA experience to ensure accurate and compliant filings.

Comprehensive tax preparation Compliance with tax laws Utilization of CPA expertise

Tax Planning

Provide proactive tax planning to legally reduce tax liability and maximize after-tax income, going beyond mere compliance to recommend tax-saving strategies.

Proactive tax planning Legally reduce tax liability Maximize after-tax income Recommendation of tax-saving strategies