Tax Management Services
At Strebel & Klein, LLP, 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.
Strebel & Klein, LLP’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, and investments.
Accounting 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
- Corporate tax planning and return preparation
Assurance and Advisory Services
At Strebel & Klein, LLP, 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.
Assurance and Advisory Services include but are not limited to:
- Audits, reviews, and compilations
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Financial projections and forecasts
- Debt and finances advising
- Transaction structuring and negotiations
- Business succession
Audits, Reviews, and Compilation
Strebel & Klein, LLP’s financial statement services comprise all three levels of assurance depending on your entity’s needs.
Audits
Audits offer the highest level of assurance, and include in-depth examination and confirmation of account balances and selected transactions. We perform audits to ascertain the validity and reliability of your information.
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. Strebel & Klein, LLP’s role is to work with your other professionals and 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.
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.
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, Strebel & Klein, LLP 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.
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.
Strebel & Klein, LLP can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Cash Flow and Budgeting Analysis
Good cash management can improve a company’s liquidity, reduce costs, and increase profitability. Strebel & Klein, LLP 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, re-balance 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.
International Taxation
Our experience with the taxation of United States companies doing business abroad and residents working abroad as well as foreign corporations doing business in the United States has provided us with an extensive base of knowledge in the area of international taxation. This experience has also provided us with specialized knowledge regarding complex reporting requirements for businesses and individuals with foreign assets held abroad.
Cooperative and Condominium Accounting Services
The Cooperative, Condominium and Homeowner Association Industry requires a specialized level of expertise. Services we provide:
- All levels of financial reporting (Audits, Reviews and Compilations)
- Preparation of federal, state and local tax returns
- Annual tenant shareholder letter for pass through income tax deductions
- Board level advisory services