Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is large enough to offer a full range of professional services, but small enough to give you the individual attention that you deserve.
We will thoroughly and conscientiously study your personal situation, and tailor our advice to your specific needs.
Accounting Software Selection & Implementation
There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
Audits, Reviews, and Compilations
Our audit, review and compilation capabilities are a core part of our services. We tailor each process to the unique needs of your business. We deliver financial statements and reports that are clear, concise and acceptable to all outside parties and that can provide information and insight to help you run your business more effectively. We will work closely with you and your key employees to develop and execute a plan to complete this work by minimizing employee time spent on the process and without disrupting operations.
Bookkeeping/Write-Up
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Business Consulting
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Buying or Selling a Business
Few business decisions are more important, complex and potentially business altering than a buy or sell decision. When you are ready to sell your business, we can provide support at every step, including valuing the business, vetting potential buyers, and supporting due diligence. If a buying opportunity presents itself, we can help by providing valuation services, developing negotiation and financing strategies, and managing the due diligence process.
Estate & Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. We can work with your legal counsel to help you to structure your estate and trusts to minimize taxes and ensure the smooth transition to your heirs. We are available to handle all estate and trust tax-related matters.
Financial Analysis
When a business is able to undertake strong financial analysis, it opens up new opportunities to improve management, planning and decision making. Financial analysis provides the numbers to support, reject or contemplate a course of action. Prospective analysis can show how situations may evolve under various scenarios, providing a new dimension to decision making. We are ready to provide this type of financial analysis to support the continued prosperity of your business.
Financial Statements
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely financial statements.
Forensic Accounting and Fraud Examination Services
Whether it’s a business dispute, marital dispute, bankruptcy, fiduciary or business fraud, or other specialized financial issues, a Certified Forensic Accountant (CRFAC) and/or Certified Fraud Examiner (CFE) may be of great assistance. If you have questions regarding your need for a Forensic Accountant and/or Fraud Examiner, please contact Stuart N. Busby, CPA for a free consultation. Stuart is both a Certified Forensic Accountant and a Certified Fraud Examiner and will be able to analyze your specific situation and appropriately advise you as to your needs.
You make be asking how do I differentiate between a Forensic Accountant and a Fraud Examiner?
A Certified Forensic Accountant (CRFAC) is someone who specializes in Forensic Accounting and describes an engagement resulting from actual litigation or is performed in anticipation of litigation. Examples of these engagements include: Economic Damages Calculations, Bankruptcy, Insolvency, Reorganization, Matrimonial Disputes, Business Valuation and other financial disputes. Forensic Accountants focus on the Financial Statements and financial records of a company or the individuals in their engagement. A Forensic Accountant typically possesses a credential or Certification in Forensic Accounting (CRFAC), as well as be licensed by the State as a Certified Public Accountant (CPA).
A Certified Fraud Examiner (CFE) is someone that focuses on the prevention, detection, and deterrence of financial and non-financial fraud. A CFE can specialize in digital forensics to health care fraud to Intellectual Property frauds. The CFE is taught not only about financial frauds, but those types of frauds that are non-financial. The CFE possesses the knowledge about various types of fraudulent schemes. A CFE is often called upon to prove or disprove if Fraud has occurred. Like a Forensic Accountant, CFEs work with engagements resulting from actual litigation or performed in anticipation of litigation. A CFE may have a degree in accounting and/or a degree in Finance, Criminal Justice, Law, or Information Sciences.
In some cases, you may need both a Forensic Accountant and a Fraud Examiner. The Forensic Accountant is able to reconstruct the books and records within a suspected fraud, while the Fraud Examiner will be able to prove or disprove if a fraud had been committed. Many lawsuits involving financial accusations may be suitable for a Forensic Accountant, whereas if you suspect that a fraud has taken place, a Fraud Examiner maybe the appropriate choice.
If you have initiated a lawsuit, ask your attorney if they have used a Forensic Accountant and/or Fraud Examiner in the past and if they have recommendations concerning a prospective candidate to engage.
Before engaging a Forensic Accountant and/or Fraud Examiner follow the three basic rules as outlined below:
- Make sure the Forensic Accountant or Fraud Examiner has the proper credentials such as a CPA, CRFAC, CFE or possesses other certification(s) that are recognized in the United States of America by a legitimate accrediting organization.
- Request the candidate’s Resume and a Curriculum Vitae (CV). Ask the candidate about the experience presented, affiliations, honors, publications and cases that they have worked on with success.
- Make sure that the candidate you choose can simplify and clearly communicate accounting, law and fraud into information you, a jury, and a judge can understand, as it may be necessary for the candidate to testify in a court of law.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Management Advisory Services
Our Management Advisory Services focus on improving the efficiency and effectiveness of your business and its operations. We can provide support in business planning, mergers, acquisitions, and other advisory support. Contact our office to learn about the full range of services we provide.
Notary Public
A notary public can help you to handle various business matters, including witnessing and authenticating document execution and signatures. We offer Notary Public services and are available when you need us.
Payroll Services
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. Our payroll services professionals are well versed on these laws and regulations. We can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
Retirement Planning
Retirement planning is critical in these uncertain times. Whether you are developing a retirement plan for yourself or choosing a retirement plan to offer to your employees, we can help you evaluate the available options. Our focus is on helping you to make the choice that is most appropriate for your own financial situation. If you are choosing a retirement plan for your business, we will base our recommendations on the unique characteristics of your business and your employee population, as well as the legal and compliance issues related to each type of plan.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.
Tax Preparation & Planning
Effective tax preparation and planning can help you to minimize your future tax liability. We can help you proactively manage both your personal and your business tax issues, including understanding how upcoming business opportunities impact your tax status and vice versa. Not all tax planning opportunities are readily apparent. By having us on your team, you are more likely to benefit from those opportunities. We understand how the latest federal, state and local tax legislation and other developments affect you and your business and we are constantly identifying new ways to reduce federal, state or local tax liabilities.