The Honeycutt Group

Certified Public Accountants

The Honeycutt Group is a group of certified public accountants and consultants. The firm is a member of both the SC Association of Certified Public Accountants and the American Institute of Certified Public Accountants with the managing partner licensed in three states.

Dray Honeycutt

About Us

The Honeycutt Group is a group of certified public accountants and consultants. 

The firm is a member of both the SC Association of Certified Public Accountants and the American Institute of Certified Public Accountants with the managing partner licensed in three states.

Our professional staff strive to take a pro-active approach in helping our clients deal with the many varying financial decisions that must be addressed as they move through the different financial stages of their life, be it business or personal issues.

Obviously, you will not always have the same goals throughout your life. Through our different levels of service, we can assist you in developing and implementing a plan that is designed to make you achieve your financial objectives. Simply preparing and delivering a tax return or financial statement is not consistent with our mission. We encourage clients to use our professionals more in the planning, consulting and forecasting areas rather than dealing strictly with compliance issues.

With over half a century of combined experience, we will help you to streamline your business or personal financial life. During this time we have developed a strong history of helping many small, closely held businesses grow in their competitive industry.

Should you have any questions or would like to address any concerns you currently have, we welcome the opportunity to talk with you. Please feel free to call or email any of our professionals.

The Honeycutt Group

Services

1

Tax planning and compliance

Remember that it is the after tax dollar that matters. Congress is regularly changing the universally agreed upon complex tax code, affecting your business and family. We will keep you informed and in position to take full advantage of these laws that determine what may well be your largest expenditure year in and year out.

2

Individuals, Estates and Trusts

3

Corporate, Partnership and LLC issues

4

Retirement planning and implementation

5

Financial Reporting 

6

Audits

7

Monthly or Quarterly Financial Statement Preparations 

Our firm can handle your payroll processing and payroll tax deposits, maintain your accounts payable and even write your checks.

Add your total costs associated with each dollar of payroll that would be eliminated by utilizing our outsourcing department...payroll taxes, insurance, benefits, training etc. If you, the owner, are spending time handling these functions that our outsourcing services could take care of, chances are your business is not growing as fast as it should.

8

Reviews / Compilations

As a member of the South Carolina Association of CPA's and the American Institute of CPA's PCPS division, we are required to adhere to the AICPA's "Code of Professional Conduct" and undergo a review of our firm's system of quality controls by the SC Association of CPA's every three years. In our financial reporting process for audits, we design systems to test your firm's system of quality controls, to improve your efficiencies and risk factors. Our goal is to alert you to any possible deficiencies we discover during our testing.

9

Budgets and Forecasts

Industries Served

We work closely with many different types of industries

Attorneys

It's tough being a barrister these days; no fault insurance, tort reform, law revisions and now we can add IRS reporting and filing requirements. The IRS is getting tough on client advances, compensation, structured settlements - in fact one of the first IRS industry audit specialization programs was aimed at the legal profession. Our experience in handling these and other tax issues enables us to assist your firm in:

 * Choice of entity
* Buy/sell agreements
* Owner compensation issues
* Client advances
* Cash receipts reporting
* Retirement planning and administration
* Trust services

We work closely with our law clients ensuring that they stay aware of current IRS issues that may effect their practice. We regularly review legal publications for any issues that may affect our clients, taking a proactive approach to helping them grow their personal wealth.

Construction

Thousands of companies compete in this industry which employs more people and consumes more raw materials than any other industry in the American economy. Unfortunately, there is a very high rate of failure among construction contractors. Complete, accurate and timely information about all contracts in progress is essential to properly manage a construction company. Our affiliation with the local trade association and attendance at industry seminars enables our professionals to provide a proactive, results-oriented approach to the unique issues that this industry faces.

* Form of organization
* Job cost scheduling
* Budgets and forecasts
* Surety underwriters
* Licensing and banking relationships
* Audits, reviews and compilations
* Tax planning and compliance
* Retirement planning and business succession 

Family Owned Businesses

Over the years we have found that one of the most difficult issues small family owned businesses will eventually face is business succession. The earlier this and a myriad of other concerns are addressed only facilitates any resolution to the problem.

* Buy/sell agreements
* Business succession planning
* Estate planning
* Family limited partnerships
* Insurance analysis
* Retirement planning and implementation

There are many unique and often delicate issues to be addressed in every family owned business. We can help you resolve these issues and avoid the mistakes common to these businesses. 

Restaurants

Look at almost any neighborhood and you will see signs of the tremendous competition that exists in the food service industry - empty buildings or storefronts that used to be restaurants. Key success factors in any industry are controlling costs and maximizing sales. This is never more true than in the food service industry where the average profit margin may be 4-5%. Truly, you must watch every nickel and dime to have lasting power and success. Our everyday work with restaurants and continuing attendance at industry seminars enable us to assist you in implementing good customer service relations and cost effective management practices. Timely reports that management understands are crucial in keeping costs in line and monitoring menus. We can assist in the implementation and monitoring of the following general areas:

* Budgeting and forecasts
* Labor management
* Controlling food and bar costs
* Tip reporting
* Payroll compliance issues
* Tax planning and compliance

Accuracy in recording and tracking sales and expenses is required for timely financial reports that management should regularly review. We can help you understand which numbers are relevant and assist you in controlling potential loss areas.

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No special actions required, all sites you make with Mobirise are mobile-friendly. You don't have to create a special mobile version of your site, it will adapt automagically.

IT'S EASY AND SIMPLE

Cut down the development time with drag-and-drop website builder. Drop the blocks into the page, edit content inline and publish - no technical skills required.

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Cut down the development time with drag-and-drop website builder. Drop the blocks into the page, edit content inline and publish - no technical skills required.

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Choose from the large selection pre-made blocks - full-screen intro, bootstrap carousel, slider, responsive image gallery with, parallax scrolling, sticky header and more.

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Our Team

Meet our team. We are here to handle all of your accounting needs.



Our professional accountants and staff strive to take a pro-active approach in helping our clients deal with the many varying financial decisions that must be addressed as they move through the different financial stages of their life, be it business or personal issues.

Contact

Don't hesitate to contact us

Email: [email protected]


Myrtle Beach Office
1110 London St. (Suite 202)
Myrtle Beach SC, 29577
Phone: 843.497.2920
Fax: 843.449.0932

North Myrtle Beach Office
1100 Hwy 17 N, Ste 201
North Myrtle Beach SC, 29582
Phone: 843.497.2920
Fax: 843.663.0003

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Locations

Myrtle Beach Office
1110 London St. (Suite 202)
Myrtle Beach SC, 29577

North Myrtle Beach Office
1100 Hwy 17 N, Ste 201
North Myrtle Beach SC, 29582

Contacts

Email: [email protected] 

Phone: 843.497.2920                    
Fax: 843.449.0932

Hours

Monday-Thursday
8:30am - 5:00pm

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