Small Business Start-Up and Entity Selection and Restructuring

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Heemer Klein & Company, CPAs can advise you on choosing an entity type and later restructuring, if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.

At Heemer Klein & Company, CPAs, our reputation as small business start-up experts brings many clients to our firm. No matter where you are in the new business start-up process we can advise you of and keep you current with the most tax efficient entity choice and manner to operate your business. We will explain and facilitate the set-up of either an S Corp, C Corp, or LLC, based upon your specific needs. We will work to help protect your personal assets from unnecessary risks and ensure that you will pay the lowest possible tax . Once your set-up is complete, we will be happy to service all of the accounting and tax requirements of your business.

Tax Management Services

At Heemer Klein & Company, CPAs, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow, and keep you on track to reach your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing, as well as recently altered, tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.

Accounting 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. The expert accounting services that Heemer Klein & Company, CPAs offers steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system set-up, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include but are not limited to:

• General ledger and financial statement preparation
• Bookkeeping (monthly, quarterly, or annual)
• Accounting system set-up and support
• Payroll processing
• Cash flow budgeting and forecasting
• Personal financial statements
• Employee benefit and profit-sharing plans
• Corporate tax planning and return preparation
• Litigation support

Assurance and Advisory Services

At Heemer Klein & Company, CPAs, 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. Our assurance services will improve information quality or its context, meaning more success for your business.

These services include but are not limited to:

• Reviews, and compilations
• Entity selection and restructuring
• Accounting software selection, implementation, and support
• Business valuations
• Financial projections and forecasts
• Debt and finances advising
• Mergers and acquisitions
• Transaction structuring and negotiations
• Business succession

Reviews and Compilations

Heemer Klein & Company, CPAs financial statement services provide levels of assurance based on your company's needs.

Reviews

Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.

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.

Estate and Trust Planning and Tax Preparation

Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. The role of Heemer,Klein & Company, CPAs 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 disburse one's estate so as to avoid complications and to be sure 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. Heemer Klein's tax professionals are experts in the field of estate and trust taxation. From simple to the most complex trusts and estates you will find our fees affordable and our expertise second to none. We prepare trust and estate tax returns for several leading law firms as well as other accounting firms in the area because of our long-standing commitment to excellence in this specialized area of tax law.

Financial and Retirement Planning

Our goal at Heemer Klein & Company, CPAs is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Heemer Klein & Company, CPAs can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.

IRS Representation

Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.

Bookkeeping/Write-up

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Heemer Klein & Company, CPAs can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.

QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the appropriate product and then install, set-up and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.

Heemer Klein & Company, CPAs offers the following solutions to help meet your QuickBooks needs:

Personal Training

We train you personally on either a one-on-one basis, or several individuals within your organization at your company's location.

Installation

We install QuickBooks on your stand-alone computer or in a network environment, in either single or multi-user mode.

Set-up

We assist new QuickBooks users with initial set-up including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current set-up. Many users experience problems and lack the ability to generate and track important information as a result of inadequate set-up.

Support

Our QuickBooks support service can assist you with any installation, set-up or operation assistance you might need. In addition, our support is not limited to the software, but we can also provide accounting and payroll assistance.

Review

Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

Computer Consulting

As technologies rapidly advance, companies increasingly need to update their computer systems. Heemer Klein & Company, CPAs can audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As experts in this field, we can put your computer problems at bay as well as improve your computer system's performance taking into consideration any budget you may have.

Payroll Services

The payroll services that Heemer Klein & Company, CPAs provides can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.

Employee Benefits, Pension, and Profit-Sharing Plans

Choosing and administering benefit plans for your employees is often a complex process. Heemer, Klein & Company, CPAs can help you develop, implement, and administer your benefit, retirement, and profit-sharing plans with an eye toward rewarding your employees and reaching your company's financial and business goals. We can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to its success.

Cash Flow and Budgeting Analysis

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Heemer Klein & Company, CPAs can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. Cash flow is something that can make or break a business' ability to survive, and we can help you analyze your spending, rebalance your budget and/or debts for an optimal cash flow to support your business' success. This balanced plan would be revisited if and when there are any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.

Financial Projections and Forecasts

No one can predict the future perfectly, but we can all benefit from planning for it. Heemer Klein & Company, CPAs combines expertise and experience with a thorough understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success; therefore, we make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.

Business Valuation

The range of needs for valuing businesses continues to widen, and Heemer Klein & Company,CPAs can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are many factors that contribute to the perceived value of a business, and our expert help can assist you evaluate entities that you have an interest in and guide you towards making confident business decisions.

Mergers, Acquisitions, and Sales

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Heemer Klein & Company, CPAs can provide professional knowledge to help you successfully structure and negotiate the deal. Heemer Klein & Company, CPAs employs careful analysis and due diligence to determine a fair asking price, 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.

Debt and Finance Advising

Whether your needs are corporate or personal, the professional staff at Heemer Klein & Company, CPAs can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid, and possibly result in tax savings. Re-balancing your debts can also result in tax deduction savings.