| Services
SAS-70 Audits
We have partnered with Chief Security Officers(CSO), LLC to provide SAS-70 Audits. CSO is a leading provider of audit, forensic, security, and compliance services. Their staff are the most technically talented and highly trained in the industry. For more information please visit their site at http://www.chiefsecurityofficers.com
NetClient
Whether you're busy running your business or running to keep up with a busy schedule, time is one of your most valuable assets. A personal, private NetClient portal provides you with instant 24/7 access to your accounting and financial information online. Click here to learn more about NetClient.
Bookkeeping
Careful record keeping is essential to the success of any business. Without proper bookkeeping and accurate figures, it is impossible to know exactly what your financial situation is or to make the best financial decisions. If you are looking to finance the expansion of a business, sell, or merge, accurate bookkeeping will play a major role in the decision making process, as well as help assess income deductions in the completion of your tax return. Because bookkeeping is such an integral part of business, call us and rely on a professional.
Payroll
We understand the complexities of payroll. With our professional staff, we can manage the entire payroll process for you. Let us help you understand payroll and leave the reports and tax filings to us.
Quickbooks Support and Training
We'll install your Quickbooks software and make sure you get started on the right path. Whether you need to prepare for tax time, review your finances, train your entire staff to help them cut down on transactional errors, or just clean up some problem areas in your accounting, our experts can help.
Tax Preparation and Planning
Everyone knows the importance of tax preparation. With constantly changing tax laws, the success of any business relies on making sound decisions and tax compliance. For nearly 25 years, Schramm & Company has been helping businesses and individuals minimize tax liability and plot a financial course to help you keep more of what you earn.
Financial Planning
While many accounting firms view themselves only as tax preparers, Schramm & Company goes above and beyond that by helping our clients prepare for the future. Personal financial planning looks at your present financial situation such as income, investments, debts, and financial goals and puts your resources to work to achieve as many goals as possible.
A comprehensive written plan makes sure you are not paying unnecessary taxes, have adequate insurance to take care of your family if something unforeseable happens, and investments that meet your present and future needs.
Valuations
In today's fast paced world of commerce, it is important to establish an accurate assessment of value for any business. A Certified Valuation Analyst (CVA) is a trained and certified expert in this field. So, why is a business valuation necessary? Ownership interests in privately held companies often represent a significant portion of one's estate and/or portfolio. The value of an interest in a privately held company, as opposed to stock in a public company, is usually unknown because there is no active market to sell or trade that interest from which to ascertain or approximate value.
Value determinations are most commonly needed to calculate estate tax upon death, split up family assets in a divorce, and negotiate value in a purchase, sale or merger of a business enterprise. Other common reasons why a holder of an interest in a privately held company might require a business valuation include:
*Estate & Gift Tax Purposes *Mergers & Acquisitions *Purchase or Sale of Stock *Litigation *Employee Benefit Plans *Buy-Sell Agreements *Shareholder Disputes *Economic Loss/ Wrongful Death/ Wrongful Termination *Divestitures *Divorce *Employee stock ownership plans
Credible cases require credible, expert support. Schramm & Company offers certified valuation analysis and has experience in assisting attorneys in the discovery process by reviewing financial records, transactions, financial statements, and tax returns. This considerable knowledge is a significant asset, which attorneys can use in developing interrogatories, and lines of questioning involving business and financial matters. |