Areas of Practice

TAX MANAGEMENT SERVICES
 

At Schuh Browne 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.

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. Schuh Browne 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 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. 

FINANCIAL AND RETIREMENT PLANNING
 

Schuh Browne PC's goal 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, Schuh Browne PC 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.  

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.

 

Schuh Browne PC offers the following solutions to help meet your QuickBooks needs:

 

  • Personal Training

We train you personally! Either one-on-one or several individuals within your organization at your company's location.

 

  • Setup

We assist new QuickBooks users with initial setup 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 setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.

 

  • Support

Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, 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.

AUDIT & ASSURANCE SERVICES
 

Our experienced and well-trained audit & assurance team services comprise all three levels of assurance depending on your company’s needs

 

  • Audits, reviews, and compilations of financial statements

 

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.  

 

  • Single Audits

 

  • Agreed-upon procedures

ADVISORY SERVICES
 

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 advisory services include but are not limited to:

 

  • Entity selection and restructuring
  • Accounting software selection, implementation, and support
  • Financial projections and forecasts
  • Debt and finance advising
  • Mergers, acquisitions, and sales
  • Transaction structuring and negotiations
  • Business succession
  • QuickBooks training, setup, and support

BOOKKEEPING/WRITE-UP
 

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Schuh Browne 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, Schuh Browne 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.

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.

DEBT AND FINANCE ADVISING
 

Whether your needs are corporate or personal, Schuh Browne 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.

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. Our 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. 

 

Our 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
  • Financial projections and forecasts
  • Personal financial statements
  • Employee benefit and profit-sharing plans
  • Corporate tax planning and return preparation

MEDICAL PRACTICE CONSULTING
 

Some of the most challenging decisions facing physicians today are those  that they have not been educated to make...how much to charge for  services and how to ensure fair payment that will be received in a  reasonable period of time.  The answer to the confusing dynamics is the  use of qualified practice-management consultants who fully understand  the current regulatory environment and demands of day-to-day practice  management, and who have practical solutions that focus on efficiencies,  cost containment, financial controls, and staff development.  The  solution can be found at Schuh Browne PC.   

PAYROLL SERVICES
 

Schuh Browne 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.

CASH FLOW AND BUDGETING ANALYSIS
 

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Schuh Browne 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, 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.

FINANCIAL PROJECTIONS AND FORECASTS
 

No one can predict the future perfectly, but we can all benefit from planning for it. Schuh Browne 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.

MERGERS, ACQUISITIONS, AND SALES
 

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Schuh Browne PC can provide professional know-how to help you successfully structure and negotiate the deal. Schuh Browne 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.