Scope of Services

Financial Reporting Services

• Audited financial statements
• Reviewed financial statements
• Compiled financial statements
• Special purpose financial reports
• Cash flow projections and financial statements
• Personal financial statements

Tax Services

• Business and individual income tax returns
• Tax planning with regard to income, estate and gift taxes
• Payroll, property, sales and use tax advice
• Estate and fiduciary tax returns
• Pension and profit sharing plans
• Fringe benefit planning and administration
• Nonprofit organization reporting
• Ruling requests
• Representation before taxing authorities

Management Advisory Services and Consulting

• Business formation decisions
• Forensic accounting
• Litigation services
• Real estate feasibility projections
• Business appraisal and valuation
• Physicians & Medical Practices
• Advice on and negotiations of business acquisitions and dispositions
• Small business assistance
• Budgeting and forecasting
• Strategic (long range) planning
• Retirement plan design and administration
• Financing alternative / analysis
• Personal financial planning
• Cash management
• Executive compensation studies
• Evaluation and recommendation of internal controls
• Computerized Financial Accounting Services
• Medical benefits
• Cafeteria Benefits Plans

Physicians & Medical Practices

• Buying and selling medical practices
• Forming or joining a partnership or group practice
• A physicians’ guide to professional service corporations
• Financing a practice
• Starting your practice
• Physician employment contracts
• Enhancing the value of your medical practice
• The business side of medical practice
• Financial planning
• How to evaluate a managed care contract
• How to get paid
• How to improve third party reimbursements
• Medical collections management
• How to maximize insurance reimbursements
• How to improve cash flow immediately

Retirement plan design and administration

Plan Design & Implementation

• Plan documents
• Summary plan document
• IRS determination letter
• Contribution types
• Loan Policy
• Loan Applications
• Hardship request forms
• Corporate resolution
• Investment funds

Administration

• Census request
• Eligibility and plan entry
• Highly compensated and key employee determination
• Employee communications
• Employee election forms
• Nondiscrimination testing
• Contribution provisions and limitations
• Loans
• Compliance procedures
• Terminations & new admissions

Accounting & Recordkeeping

• Contributions
• Earnings
• Forfeitures
• Distributions
• Participants Statements of accounts
• Form 5500 preparation

Litigation services

• Damage calculations
• Alleged tax evasion
• Court accountings
• Lost profits claims
• Divorce settlements
• Business & asset valuations
• Bankruptcy & business reorganizations
• Insurance claims
• Personal injury
• Allegations of fraud

Cafeteria Benefit Plan

• Design your plan
• Introduce plan to your employees