Byler, Wolfe, Lutsch & Kampfer CPAs, Inc. provides a wide range of accounting and financial services to individuals and businesses in a variety of industries. 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:
Byler, Wolfe, Lutsch & Kampfer CPAs, Inc., navigates our clients through a full range of tax planning and preparation decisions using strategies that minimize your tax liabilities, maximize your cash flow and help you reach your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities found in existing and updated tax laws. We are knowledgeable and current on tax laws and can make sense of your receipts, bills and notices.
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 support you as you strive toward those goals. We specialize in record-keeping and reporting, 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:
Good business is rooted in great relationships. BWLK focuses 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:
Our financial statement services include two levels of assurance, depending on your company's needs.
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.
Effective estate and trust planning can ensure financial security for your loved ones. For businesses, it can maintain a smooth succession of ownership. Our 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 comprehensive plan as to how to distribute the assets left in one's estate to avoid complications and ensure that the individual’s wishes are carried out. Having your taxes and estate thoroughly and carefully planned will help your loved ones avoid dealing with complications during a time of loss.
Our goal is to help you reach your financial goals and maintain financial independence during 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, BWLK 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.
BWLK's 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 time-consuming and confusing to sort through. Our professional training in this matter allows us to make sense of these records and transactions, and get to your bottom line.
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.
Accurate record-keeping is essential to a successful business, yet can also be complicated and time consuming. We can help you with the organization and day-to-day tasks of bookkeeping so you can focus on your core business.
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, BWLK 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 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, set up and use it properly. We don't just help you use the software, we help you use it more efficiently and effectively.
Byler, Wolfe, Lutsch & Kampfer CPAs, Inc. offers the following solutions to help meet your QuickBooks needs:
We train you personally! Either one-on-one or several individuals within your organization at your company's location.
We install QuickBooks on your stand-alone computer or in a network environment, in either single- or multi-user mode.
We assist new QuickBooks users with initial set-up 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 set-up. Many users experience problems and lack the ability to generate and track important information as a result of inadequate set-up.
Our QuickBooks support service can assist you with any installation, set-up or operation assistance you might need. In addition, our support is not limited just to the software part of it. We can also provide accounting and payroll assistance.
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 the most updated information and feedback about your business.
As technologies rapidly advance, companies increasingly need to update their computer systems. BWLK can audit your system competencies and gauge upgrade needs, and provide support in choosing and implementing new hardware or network systems. As experts in this field, we can solve your computer problems and improve your computer system's performance, while meeting your budget.
Byler, Wolfe, Lutsch & Kampfer CPAs, Inc.'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.
Choosing and administering benefit plans for your employees is often a complex process. We 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 employees will be rewarded for their hard work that contributed to your company's success.
Good cash management can improve a company's liquidity, reduce costs and increase profitability. Byler, Wolfe, Lutsch & Kampfer CPAs, Inc. can help you maintain optimal cash flow levels by tracking sources and uses, forecasting and budgeting accordingly. To a business entity, cash flow is is vital to the organization's 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 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.
No one can predict the future perfectly, but we can all benefit from planning for it. BWLK 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 stay current with market trends and updates so 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.
The range of needs for valuing businesses continues to widen. We 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 knowledge can help you evaluate entities that you have an interest in and guide you toward making sound business decisions.
Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Byler, Wolfe, Lutsch & Kampfer CPAs, Inc. can provide professional know-how to help you successfully structure and negotiate the deal. We employ 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. Our expert advice can help you make business decisions that result in optimum success.
Whether your needs are corporate or personal, BWLK'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.