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Genwealth Inc profile image

Genwealth Inc

Los Angeles

‘20 Certificate of Excellence

We are one of the premier business and financial consulting firms that make powerful wealth building and tax saving strategies available to thousands of everyday people who otherwise would not have the knowledge to use them. Unlike many companies that have just one field of advisors and are product driven, we are strategy driven using the Union Team Approach to bring 6 fields of advisors together to benefit you: Taxation, Financial, Real Estate, Asset Protection, Legal, and Business Advisors. Our competitors simply don't and can't offer this. We can assist you whether you want to build wealth, plan for your retirement, improve your current quality of life, eliminate your debt, restructure your finances, or even start or grow your business from six figures to 7, or 7 figures to more.............we're experts at that. Book your consultation here: https://genwealthinc-financialconsulting.youcanbook.me

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a professional

What kind of accounting services do you provide?

We offer a full-Service Business and Financial consulting firm that specializes in Tax Planning.

Our planning techniques form the solid foundation of your small business system. You can customize the package of services you receive by adding, tax preparation, bookkeeping or other services that we provide to help you get to the Next Level.

Why is it so important for businesses to hire a great accountant?

Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.

We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars.

Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.

We recommend Tax Saving Strategies that help you.......the wrong advice is costly.

What do you love most about your job?

We love making powerful wealth building strategies available to thousands of everyday people who otherwise would not have the knowledge to use them. We are passionate about empowering our clients to make the best financial decisions possible so that you can live your life the way that YOU WANT TO.

What inspired you to start your own business?

We began developing written business and financial plans for our clients helping them navigate their way through wealth, retirement and transfers. Taxation before and after retirement has all ways been a major area of concern for our clients. So we started researching the Tax Code, hiring the right people; and learning strategies and solutions to continually help our clients minimize their tax obligations and maximize their financial positions. Helping our clients succeed inspires us to exceed our client's expectations.

Why should our clients choose you?

Let's take our last client........... a doctor from Los Angeles.

Through business consultation, tax planning, and financial planning process, we found that he had been overpaying the IRS 60k a year for the past 3 years!

Amortize that over a 20 year period with a 10% interest……..that’s a 2.8 MILLION DOLLAR LOSS!

The wrong advice is costly.....and yes, he had an experienced CPA.

Unfortunately, this is a common dilemma with most professionals who fail to PLAN.

For the last several years, we have helped hundreds of clients through our proven "GenWealth 360" wealth building system. Our system is POWERFUL because it takes a HOLISTIC APPROACH to business, financial advising, education & wealth building and focuses on you as A WHOLE PERSON, not separate parts.

If you want to secure your financial future, let us show you how. That's what we do, and we do it well.

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Accounting FAQs

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Your expert Accountant will be able to advise you on the full range of services available and will be able to help you select the best financial services for your company. They will also be able to answer any questions you may have. Use Bark to get free quotes and find an accountant today.

The title 'Chartered Accountant' and the letters ACA or FCA, indicates that the person has undertaken a minimum of three years in-depth training, passed a series of examinations in financial management, auditing, business strategy and taxation as well as committing to continuing professional development.

As opposed to specialising in tax returns, a Chartered Accountant instead will focus on providing accurate records of all financial transactions for an individual or business. Consequently, this type of accountant is more likely to be found employed in a more commercial capacity.

Hiring the right Accountant for your business may take a bit of time. Who you choose to look after your accounts is vital, especially if you have plans to expand as you will need to look for someone who will get more involved in the financial side of things the bigger your company gets.

  • Research - Start with the company’s website and look at the accounting services they offer with an eye on what you might need in the future. If you choose an accountancy firm that doesn’t have the expertise to help you as your business expands, you will end up needing to finding another accountant.

  • Create a shortlist - Create a shortlist of three or four firms you
    think are a good fit and arrange face-to-face meetings with all of
    them. In addition to the fees, you need to find out about the
    services they provide, as well as their customer services.

  • Fees - Some Accountants charge by the hour while others operate on a fixed-fee basis. You need to be clear before selecting an Accountant for your business on how their fees are calculated.

  • Qualifications - It is important to ask questions about the
    qualifications and experience of the people who would be dealing with your accounts. You need to know that you could work with them, trust that they are on your side and are continually looking for ways of
    adding financial value to your company.

  • Accounting software - You will want to check that any systems you use are familiar to the accounting firm. Your current method of financial reporting may not be the most effective one for your business and they may recommend systems that can do it better.

  • Financial jargon - If you are not an expert on finance, your Accountant needs to understand this and be able to communicate with you in a clear and concise manner.

You can be confident that any of the Accountants listed on Bark will be a safe pair of hands for your finances.

Before you choose an Accountant, you could ask to see examples of their work, read testimonials and ask to see references of past work they have done.

The AAT (Association of Accounting Technicians) qualification is the minimum level of qualification required for most kinds of accountancy. To become a chartered accountant, you need to obtain higher level qualifications such as the ACA, ACCA or CIMA, which will allow you to become a chartered accountant.

You could also look at their profile page on Bark and view reviews from past customers as well as examples of work that they have completed. This might also help you get some ideas for the types of services you need.

Accountants offer a range of different services. These include:

  • Accounting - All accountancy firms produce financial records, track your revenues and expenses and provide consulting on your business's overall financial health.

  • Auditing - Many businesses require a periodic audit of their finances which may be a requirement of your investors or written into the bylaws of your incorporation.

  • Tax Filing and Planning - Many accounting firms can ensure your financial reporting practices are compliant with current regulations, determine your company's tax liability and make sure you meet filing requirements and deadlines.

  • Management Consulting - Many accounting firms offer business advisory services to help you with your business plan, evaluate your current operations, identify new opportunities, alert you to changes in the business or regulatory environment and offer practical advice to help your business be more efficient and successful.

  • Speciality Services - Some offer services such as business valuation which helps determine what your business is worth should you be considering a merger, acquisition or sale. Some firms can offer fraud and forensic accounting services.



based on 101 reviews

The average rating for Bark Accountants in Long Beach is 5.00, based on 101 reviews.

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