From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Our accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, const-containment, tax planning, investments, and employee benefit and profit-sharing plans.
We focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law.
To give you more value, our professionals develop a thorough understanding of your business to help identify issues and opportunities, in addition to issuing reports on financial statements.
Users of financial statements do not always need the same level of assurance, so we offer three distinct services: Audit, Review, and Compilations. Each of the services is designed to give you the appropriate level of assurance based on your needs. We also provide attestation services for items outside the scope of the financial statements.
Business Valuation and Litigation Support
The valuation of a closely held business or other business interest is critical in divorce proceedings, gifting programs, estate valuation and shareholder disputes. It also assists in the evaluation of the reasonableness of a purchase or sale offer for a business.
We use a team approach to rendering services to lawyers in connection with litigation. Our team assists attorneys to interpret and evaluate complex accounting and financial issues. Our extensive experience in working with a variety of businesses gives us insight into many of the causes that resulted in the litigation.
Employee Benefit Audits
Does your employee benefit plan require an audit? In addition to current rules and regulations, each employee benefit plan is different and is governed by the plan document. Auditing employee benefit plans is a specialized practice requiring knowledge and expertise beyond that required for a normal financial statement audit. The legal requirements for employee benefit plan audits are determined by the Employee Retirement Income Security Act of 1974 (ERISA) rules, and regulations issued by the Department of Labor (DOL). In addition, there is a myriad of rules and regulations promulgated by Congress and enforced by the Internal Revenue Service (IRS), the most recent being the Pension Protection Act of 2006. Our benefit plan audit team can provide you with timely, cost-effective audits in accordance with professional and regulatory standards.
Non-Profit and Government Agencies
Governmental and non-profit organizations are a growing sector of our economy and our practice—with their own unique reporting and operational requirements. Anderson, Larkin & Co PC has developed a reputation for understanding these various reporting requirements, as well as providing unique solutions to help organizations grow and achieve their goals.
Having other people working for you should always be an asset….. not a problem. We know how difficult and time-consuming it can be to make sense of payroll tax and compliance regulations. Anderson, Larkin & Co P.C. has taken the necessary steps to make this process virtually painless. All you have to do is just call or fax in your hours every pay-period and we take care of the rest!!
QuickBooks Consulting and Training
Despite the popularity of QuickBooks, individuals and businesses report numerous difficulties with its use. These include inefficiency, poor customer service, difficulty with setup and confusion about its features.
We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year.