Services
Wayne W. Haack & Co., PC provides a wide range of services to individuals and businesses in a variety of industries. At Wayne W. Haack & Co., PC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:
- Tax Management Services
- Assurance and Advisory Services
- Estate and Trust Planning and Tax Preparation
- Litigation Support and Forensic Accounting
- Bookkeeping/Write-up
- QuickBooks Accounting Help and Assistance
- Payroll Services
- Cash Flow and Budgeting Analysis
- Business Valuation
- Debt and Finance Advising
- Accounting Services
- Audits, Reviews, and Compilation
- Planning for Retirement and Other Siginifcant Events
- IRS Representation
- Entity Selection and Restructuring
- Computer Consulting
- Employee Benefits, Pension, and Profit-Sharing Plans
- Financial Projections and Forecasts
- Mergers, Acquisitions, and Sales
- International Taxation
Tax Management Services
At Wayne W. Haack & Co., PC, 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 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. Wayne W. Haack & Co., PC's 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.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup 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
We can set up financial reports for your view to streamline your business and save your valuable time. These reports are important tools that can guide your business in making financial decisions, planning, and evaluating performance.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup 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
We can set up financial reports for your view to streamline your business and save your valuable time. These reports are important tools that can guide your business in making financial decisions, planning, and evaluating performance.
Assurance and Advisory Services
At Wayne W. Haack & Co., PC, 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:
- Audits, 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
These services include but are not limited to:
- Audits, 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
Audits, Reviews, and Compilation
Wayne W. Haack & Co., PC's financial statement services comprise
all three levels of assurance depending on your company's needs.
- Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
- 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 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.
- Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
- 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 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.
Wayne W. Haack & Co., PC'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 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.
Planning for Retirement and Other Siginifcant Events
Wayne W. Haack & Co., P.C.’s goal is to help you reach your financial goals and
maintain financial independence throughout your life. We can guide you through your
decisions regarding college education funding, retirement planning, business succession
and estate planning. We work with you and other members of your professional team
including attorneys, insurance and investment professionals to ensure that decisions
are made with an after tax mentality. Together we can help you take the proper steps
necessary for you to reach your goals.
Litigation Support and Forensic Accounting
Wayne W. Haack & Co., PC litigation support and forensic accounting services
can be employed in a wide range of situations, including commercial litigation, financial investigations,
business valuations, business and marital dissolutions, and bankruptcies. These services can involve
quantification of economic loss or damages, analysis of financial records, and fraud and
theft investigation. Financial and personal records are often vast and confusing to sort through. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.
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. Wayne W. Haack & Co., PC can help you with the organization and
day-to-day tasks of bookkeeping so that you can focus on your core business.
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, Wayne W. Haack & Co., PC 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.
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 right product and then install, setup and use it properly. We don't just help
you use the software, we help you use it more efficiently and more effectively. Our Firm
has a Certified QuickBooks Pro Advisor on Staff.
Computer Consulting
As technologies rapidly advance, companies increasingly
need to update their computer systems. Wayne W. Haack & Co., PC 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
Wayne W. Haack & Co., PC's payroll services 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. Wayne W. Haack & Co., PC 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 the success of your business.
Cash Flow and Budgeting Analysis
Good cash management can improve a company's liquidity,
reduce costs, and increase profitability. Wayne W. Haack & Co., PC can help you maintain optimal cash flow levels by tracking
sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, rebalance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were 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. Wayne W. Haack & Co., PC combines expertise and experience with a gained 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. 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 Wayne W. Haack & Co., PC can provide in-depth analysis to help you identify and analyze the factors that drive the value
of your company or one in which you have an interest. Uses for this service include estate planning and
compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are so many factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.
Mergers, Acquisitions, and Sales
Business transactions and transitions are complicated
affairs, and whether you're buying, selling, or considering a potential merger, Wayne W. Haack & Co., PC can provide
professional know-how to help you successfully structure and negotiate the deal. Wayne W. Haack & Co., PC 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, Wayne W. Haack & Co., PC's
professionals 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. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.
International Taxation
Whether you're a corporation with overseas operations
or a business or individual needing to work out taxation of U.S. residents working abroad or foreign
citizens working in the U.S., Wayne W. Haack & Co., PC can help you plot a course through cross-border taxation issues. There are many special rules and policies for businesses with a foreign presence. We can help you make sense of how you are affected by them.