Expertise.  Peace of mind.  Courtesy of McClelland Samuel Fehnel & Busch, L.L.P. Accurate, timely accounting information is vital whether you are an individual or a multi-tiered corporation or partnership.  Our experienced, knowledgeable staff is ready and waiting to provide you with incomparable personalized service, whether you need it on a temporary or ongoing basis. Here are just some of the specialized services available to clients of McClelland Samuel Fehnel & Busch, L.L.P.: Tax Planning and Return Preparation Financial Statement Preparation Small Business Accounting Payroll Services   Tax Planning and Return Preparation We view our relationships with our clients as ongoing partnerships, and we pledge to provide you with quality, up-to-date tax return preparation and advice, whatever your tax planning and preparation needs—whether you're a sole-proprietor, business, or operate a multi-tiered corporation or partnership. But our dedication to you doesn't stop after April 15th.  All through the year, we keep up to date on current tax laws to minimize your tax liabilities and to maximize your future opportunities. As tax professionals, we can assist you with: Preparing your tax return, as well as providing tax planning, tax compliance advice, representation before the IRS, and more Reviewing your current tax situation and minimizing your future tax burden Providing up-to-date tax law information and evaluating how tax law changes affect you Advising you on the tax aspects of financial investment decisions Our professionals have experience in all areas of taxation, with special emphasis on federal income tax, estate tax, gift tax, and generation-skipping tax.  We utilize the most powerful and comprehensive tax software on the market, which enables us to cost-effectively prepare our clients' returns with the intent of minimizing tax liabilities and maximizing asset protection. Financial Statement Preparation For clients needing financial statement preparation, we offer three levels of service:  Compilation, Review, and Audit.  The level of service is determined by your needs as the client, and what your creditors and/or investors require.  The following paragraphs give you an idea of the different services.  Click here for a more detailed explanation.   Compilation - Compiled financial statements represent the most basic level of service with respect to financial statements.  A compilation is limited to presenting in the form of financial statements information that is provided by the client.  We do not express any assurance on the financial statements.  A compilation is the only level of service under which an accountant's report can be issued on financial statements without including a complete set of disclosures.  This can be a significant cost savings in situations where it is appropriate.   Review - The procedures for a review are less comprehensive than those performed in an audit.  In a review, we apply analytical procedures to an entity's financial statements and make certain inquiries of management to confirm certain facts.  Reviews enable us to express limited assurance on the financial statements.   Audit - Third parties relying on your financial statements sometimes require an audit for assurance.  In order to conduct an audit, we examine your company's financial statements in accordance with generally accepted auditing standards.  An audit requires us to examine internal controls and to complete substantial testing of the information underlying the financial statements.  We then document our opinion as to whether the statements are fairly presented in conformity with generally accepted accounting principles.   Small Business Accounting   In the diverse world of business, some companies find it difficult to manage all of the many functions required to run their businesses.  We provide a complete range of bookkeeping functions for our small business clients.  Monthly, quarterly, or annual write-up services include some or all of the following: General ledger and related journals Bank reconciliations Compiled financial statements Other client-specific reports Sales tax report preparation Property tax rendition preparation Payroll Services We also offer assistance with some accounting software packages used by our clients for their in-house bookkeeping and help with day-to-day accounting questions. These services are a cost-effective way for a small business to have a professional manage its bookkeeping without adding the cost of a full-time employee to its staff - which many small companies just cannot support. Payroll Services In today's hectic business world, it's a challenge to juggle all the daily tasks that keep your business running efficiently.  One of the most time-consuming tasks any business owner faces is payroll. Wouldn't it be helpful to rely on a trusted, accessible business partner to handle your payroll functions, from issuing checks to filing the necessary tax returns?  We're here to lend a hand with our payroll services: Payroll check calculation Payroll check preparation Tax deposit calculation Quarterly payroll tax reporting Forms W-2 and year-end reporting