Tax Preparation, Management, and Consulting Services

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, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

We provide the following financial statement services, depending on your company's needs.

Reviews

A financial statement review is a service under which the accountant obtains limited assurance that there are no material modifications that need to be made to an entity's financial statements for them to be in conformity with the applicable financial reporting framework.

Compilations

Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.

Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Karr & Boucher, PLLC's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well-thought-out plan as to how to distribute the assets left in one's estate so as to avoid complications and to be sure that the individual’s wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss. We’ll work with you, your attorney, and your financial planner to help make sure this is achieved.

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Karr & Boucher, PLLC can advise you on choosing an entity type or restructuring. With our knowledge and expertise, we will help you determine the most advantageous entity type for the functions your business performs.

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Karr & Boucher, PLLC can provide professional know-how to help you successfully structure and negotiate the deal. Karr & Boucher, PLLC employs careful analysis to pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.