Franke, Weisbrod & Turnbull, CPA's

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ACCOUNTING & AUDITING

We offer a wide range of accounting services. You will want to determine the frequency of our services you need so that a balance can be reached between the need for information and the cost of obtaining that information. The more common choices are monthly, quarterly, or annually however other periods can be used in special situations.

General ledger & financial statement
Payroll including quarterly reports, deposits and W-2 preparation
Bookkeeping (Monthly/Quarterly/Semi-Annual/Annual)
Accounting system setup for new businesses
Business tax return
Personal financial statements

Audited financial statements are very often requested by outside parties to gain additional assurance. The statements may be requested in connection with obtaining a bank loan, settling an estate, obtaining bonding, acquiring a business, etc. Our reports on financial statements are made in accordance with generally accepted accounting practices and enable to us to express an opinion on the basic financial statements.

BUSINESS VALUATION

There are many reasons for a business valuation. The complexity of today’s business environment makes it likely that the value of your business may need to be determined. A valuation establishes the worth of your business by setting values for all tangible and intangible assets and goodwill.

Contexts in which we provide valuation services include:

Estate Planning
Gift & Estate Tax Reporting
Buy/Sell Agreements
Employee Stock Options
Marital Dissolutions
Litigation Issues
Employee Stock Ownership Plans (ESOPs)

We offer the advantage of knowledge and insight combined with years of practical experience.

CONSULTING SERVICES

Our clients view us as being a part of their team, but sufficiently distanced from their daily operations to be in a position to view those operations objectively.

The following is just a few of the areas in which we provide consulting services:

Accounting software selection and implementation (i.e. QuickBooks and Peachtree)
Business valuations
Buying/selling a business
Financial & retirement decisions
Financial Planning
Estate, trust & gift planning

NOT FOR PROFIT

Franke, Weisbrod & Turnbull, CPA's has been involved with numerous non-profit groups, providing accounting and auditing services and helping those groups strive for success. Our dedication to the community has enabled us to learn the intricacies of the non-profit organization.

We can help you survive and succeed in the not-for-profit environment. In addition to traditional accounting, auditing and tax services, we offer a full range of not-for-profit business advisory services designed to increase your revenues, improve operating efficiencies and reduce expenditures. We can assist you in meeting your objectives with:

Strategic Planning - developing forecasts and business plans
Investment Analysis - guiding you in developing reports and analyses that allow you to benchmark performance against board-developed investment goals
Tax Planning - completing or reviewing applications for exempt status
Financial Consulting - performing internal control and financial systems studies that will help you identify potential areas of improvement.

TAXES

Our taxation service reviews tax planning throughout the year to avoid the year-end problem situations. We work closely to take advantage of opportunities when possible. From preparing tax returns, to providing retirement and estate planning, we work to protect your assets.

Our goal is to provide tax planning services that will allow you to enjoy substantial tax savings in excess of our fees. We take a proactive approach in providing tax services and informing you of all tax planning opportunities.

Our tax services include:

Analysis, planning and consulting to minimize federal, state and local taxes
Preparing and reviewing tax returns for individuals, estates, not-for-profit organizations, and all forms of business entities
Representing clients in dealing with the IRS and other tax authorities

We believe we have experience, education and professional interest in the tax area that set us apart from other firms.