Seigneur Gustafson has assisted many firms, large and small, to improve their financial statement and management reporting capabilities. We are qualified and capable to produce audited, review and compiled financial reports for business and not-for-profit entities. Our firm has always received an unqualified peer review opinion for the approaches and procedures we utilize for our work in these engagements. Our principals have been endorsed as experts to provide opinions on the proper application of accounting rules in litigation related matters. Ask us for more details on this aspect of our work.
Tax Planning & Return Preparation
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.
Employee Compensation Planning
Employee compensation planning involves not only monetary compensation but deferred compensation designed to meet specifics entity goals. The goals include, key employee retention, management succession and owner retirement funding.
Family Wealth and Estate Planning
Family wealth planning helps to ensure that family wealth is preserved from one generation to the next and that taxes are planned for and control is kept over assets until passed on as planned.
Asset protection, or wealth preservation, plan makes the enforcement of judgments against protected assets nearly impossible and allows the owner of protected assets to retain substantial control over these assets. Our firm can assist you with an asset protection plan that may include family limited partnerships, or offshore trusts.
Seigneur Gustafson LLP is well equipped to serve the needs of high net worth individuals and families using a variation of what have been traditionally referred to as the Family Office concept. We serve clients with an enhanced ability to assist in a wide range of financial and cash management services. Our clients include professional athletes, physicians and senior management individuals and their families. We work closely with other respected financial advisors including Merrill Lynch and Wells Fargo, to implement customized strategies to efficiently and effectively manage the financial affairs of the client. Call or email us for more information on our capabilities to serve your needs in this area.
Financial Reporting Services
Seigneur Gustafson LLP also has a long standing reputation for our attestation work, including audited, reviewed, and compiled financial statements, for closely held businesses and employee pension plans. We have just recently completed our tri-annual AICPA Peer Review in January 2009 with no reportable conditions, meaning a total clean bill of health for our work in this growing area of importance to businesses, lenders, investors and participants in the entities and plans we serve.
- Audited financial statements for closely held businesses and employee benefit plans
- Reviewed financial statements
- Compiled financial statements
- Assistance with outside bookkeepers
- Quickbooks training and consultations
- Chart of accounts design and consulting
- Professional malpractice defense representation
Call upon us for your financial reporting needs and visit our other web pages for more information on the related work we do in tax planning & compliance services, financial planning and wealth preservation strategies, business valuations of closely held securities, valuation consulting and mediation and related services.
Financial Forecasts & Projections
Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company’s financial goals.
Cash Flow & Budgeting Analysis
A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses.
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.
Estate & Trust Tax Preparation
Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
Fraud Prevention & Detection
We use accounting and auditing skills to provide an analysis of financial records in conjunction with fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.
We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:
- Accounting software selection and implementation
- Type of entity selection
- Business valuations
- Buying/selling a business
- Computer systems
- Financial & retirement decisions
- Estate, trust & gift planning
Accounting Software Selection & Implementation
With the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.
Buying & Selling a Business
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.
Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years.
Business Entity Selection
Choosing the form of entity of your business (e.g. “S” corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.