Our Services

At any point in the growth cycle of a business when you need reporting on your financial statements, we bring in a depth of knowledge and high standards of quality. Whether you're engaging us to evaluate your current accounting system or for an audit to present to your banker or shareholders, we can uncover the financial foundation of your business and help you understand how to strengthen it. Our services include:

• Performing audits, reviews and compilations of financial statements
• Assisting with preparation of financial forecasts and projections
• Performing customized procedures to answer specific business questions (often called Agreed Upon Procedures)
• Conducting analysis-related reporting pertaining to the acquisition of a business

Our goal in our tax services is to provide recommendations that will minimize or, when appropriate, defer our client's tax liabilities. Our tax department has an extensive background that includes Masters' of Business Taxation and experience working for the IRS. Our services include:

• Income tax planning
• Income tax return preparation
• Representation in meetings with the Internal Revenue Service or state revenue departments
• Preparation of regulatory forms for various employee benefit plans
• Estate and gift tax planning
• Estate and gift tax return preparation

Whether you're the principal of a business, own multiple ventures or are transitioning from one to another, our individual tax planning and consulting professionals have the experience to handle complex tax returns while looking for opportunities to benefit you.

When it comes to your personal wealth, we are invested in preserving and growing what you've created. We'll explain your options without suggesting extraneous services you don't need, and help you chart a course that meets your goals efficiently. With our knowledge of tax law, we always have our eyes open for opportunities and in all our services anticipate your needs, often providing answers before you ask.

Our full range of financial planning services allows us to be as broad or as focused as you need. In addition to specific services listed below, we can provide a comprehensive financial plan that includes investment and insurance services. Our investment advisory services are provided by our long-standing partners at Honkamp Kruger Financial Services, a Registered Investment Advisor. To help you with your financial goals, we provide:

• Investment management and asset allocation
• Estate & trust planning
• Retirement planning
• Net worth analysis
• Risk management (insurance analysis and planning)
• Cash flow and debt management
• Higher education and other funding goals

We help our clients develop and maintain a good accounting system. This is one of the keys to providing superior accounting services at a reasonable cost and supports our belief in giving our clients as much information as possible to improve their bottom line. Our services include:

• Assisting with the development of an internal accounting system and procedures
• Providing a process improvement analysis and improving the month-end close of the books
• Utilizing the latest technology to more efficiently perform accounting and bookkeeping functions
• Ongoing support with respect to accounting questions
• Accounting software support
• Providing accounting and bookkeeping services for clients who need part-time assistance, including preparation of journal entries, payroll tax returns, bank reconciliations, general ledger postings, and interim compilation of financial statements

Many of our clients value the self-sufficiency our consulting services allow them to have. This emphasis on giving you the tools you need makes us ideally suited to work with entrepreneurs in the early phases of a business. Our services include:

• Assisting with development of a business plan
• Obtaining tax identification numbers
• Choosing the best type of entity for the business
• Implementing an accounting system
• Making beneficial income tax elections with the initial business tax return
• Implementing payroll and sales tax reporting systems

We support businesses and their owners through every stage of their growth. Our expertise can help you understand the numbers underlying your business so you can make powerful improvements. If you're thinking about buying a new business or need to prove the value of your business for other reasons, we can provide a useful and objective analysis. If you want to improve your current processes or set up a new system, including retirement plans or other fringe benefit plans, our business consulting services will walk you through an optimal setup. Some of the services we can help you with include:

• Business valuation services
• Developing and implementing financial reporting systems
• Budgeting, forecasting and projecting
• QuickBooks® consulting
• Cash flow analysis and cash management
• Compensation planning
• Consultations and analysis related to buying, selling, merging or reorganizing a business
• Transition of a business from parents to children
• Strategic business planning
• Operational reviews