Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description.
As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
Tax planning and preparation form a winning combination for our individual and business clients. We can handle all your tax needs whether you are an individual, partnership, trust, estate, corporation, or nonprofit. Our experienced staff can develop tax strategies that take advantage of new tax laws and legislation. Our preparation techniques have proven to be very successful when representing our clients before taxing authorities.
Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
Our experience with the taxation of U.S. residents working abroad, foreign citizens working in the U.S. and providing services to companies doing business in other countries has given us an extensive base of knowledge in the area of international taxation.
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.
Many of our clients are responsible for collecting and submitting sales taxes in many different vicinities. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records insure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of accounting services including compiled financial statement preparation, bookkeeping, payroll services and accounting system setup. We can also forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses.
We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions.
A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses.
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. We provide financial reporting on two levels of assurance:
- Review – some analytical procedures conducted with limited assurance
- Compilation – based upon client information provided and used primarily for internal use.
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
Business valuations are important for tax purposes when gifting certain assets or when an estate owns business interests. Our firm has performed many business valuations over the years for these purposes as for divorces and buying and selling businesses.
We take pride in the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically strong. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.
In addition to helping your nonprofit organization with its initial application for tax exemption, our experienced staff can help you stay compliant on all tax, accounting, donor communication and public support rules and regulations. We will help you determine the proper type of organization to set up, whether it be a public charity, private foundation, business league or charitable trust. We’ll also work with you to create useful board reports or to navigate a dissolution or transition of the organization’s assets. Our staff is highly involved in local nonprofits and appreciates firsthand the unique needs of these entities.
We have many years of experience consulting with clients and attorneys on divorce issues. In addition to valuing businesses in a divorce and performing asset tracking analysis, we can provide financial analysis of maintenance, child support, and property divisions.
Choosing the best entity for your business is a crucial decision that can have longstanding tax implications. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.
Even the most qualified executives can benefit from competent, objective feedback. We can help your company’s management team develop and evaluate compensation and benefit plans and specific strategies to facilitate future growth and success of your business.
Qualified retirement plans (e.g. defined contribution or defined benefit plans, Keoghs, SEPs) can provide significant tax advantages for closely held businesses and self-employed individuals. We can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees.
We use accounting and auditing skills to provide an analysis of financial records in conjunction with fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years.
As you develop your investment strategy, we will act as your sounding board. We can help you and your investment advisor build an investment portfolio that takes into consideration the impact of taxes and produces a favorable after-tax return.
We have the tax and legal expertise to support attorneys in reviewing the financial and tax impact of legal documents including operating agreements, buy/sell, shareholder agreements, deferred compensation and equity plans.
Pending or existing litigation can result in the need for a qualified professional to present his/her opinion to support or oppose evidence submitted to the court. Our level of competence and experience allows us the opportunity to provide forensic accounting services and function as expert witnesses in such cases.
The accounting and tax issues involved with employer-provided benefit plans can be overwhelming. We can assist with the development, implementation and administration of your employee benefit plan.
Due to our diverse client base, we encounter a wide array of financial and tax issues. As a result, we have gained valuable experience over the years in numerous specialized areas, many of which are listed below. We feel our ability to provide such a variety of services reflects our versatility and competency, as well as our dedication to quality client service.
- Mergers & acquisitions
- Asset protection
- Investment review
- Litigation support
- Cash flow forecasting
- Employee benefit plans
- Expert witness services
- Internet commerce