Wells, Houser & Schatzel services fall into three main areas:
Each is infused with our core tenants of being advocates of your financial well-being and experts in fiscal fitness.
As these three main service areas aren’t all-inclusive, please
contact us about a service you need if it is not listed here. If we’re not able to meet your needs we would be more than happy to refer you to a qualified professional.
Accounting and Auditing
Our accounting services provide you with financial information in a timely and accurate manner – a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operates more efficiently on a daily basis, and it is our constant goal and promise to provide this to you.
Our firm provides a full range of cost effective accounting services, including
- General ledger and financial statement preparation
- Bookkeeping (monthly, quarterly, or annually)
- Accounting system setup for new businesses
- Computerized payroll services
- Business tax return preparation (sales and use/business property)
- Litigation support
Audits, Reviews, and Compilations
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on all three levels of assurance:
- Audit: an intensive examination with the highest level of assurance
- Review: some analytical procedures conducted with limited assurance
- Compilation: based upon client information provided and used primarily for internal use
Audit services for private businesses, non-profits, and municipalities help strengthen management procedures and operating results by supplementing reports with specific suggestions for improvements.
For more information on any of the services listed above or below contact us. We’d be happy to talk with you about how we can help you.
Bookkeeping and Write-Up
Meaningful, well-organized financial records ensure that your business operates more efficiently on a daily basis, and as such are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping, freeing your time for focus on profit-generating activities.
Financial Statements
We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions.
Financial Forecasts and 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.
Tax preparation and consulting
Our approach to tax services is proactive, rather than reactive. We feel an ounce of prevention is worth a pound of cure, especially when it comes to tax planning. By staying continually current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities.
We provide you with the taxation expertise and knowledge you deserve throughout the year. Tax services include but are not limited to:
- Tax planning and return preparation for individuals, corporations, partnerships, LLCs, LLPs, estates, trusts and gifts, and not-for-profit organizations
- Taxing authority representation
- Divorce and support issues
- Tax effects of buying or selling a business
For more information on any of the services listed above or below
contact us. We’re happy to take the time to find out about your situation and how we might be of assistance.
Tax Planning and 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.
Tax Preparation
Our significant investment in computerized tax preparation and research software enables us to accurately and efficiently prepare returns for various types of entities including individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations.
IRS Representation
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that ensures you’re being properly represented before the various federal and state tax agencies.
Sales Tax Services
Many of our clients are responsible for collecting and submitting sales taxes in many different jurisdictions. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
Estate and 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 guide you through the complex process of getting your financial affairs in order.
Management and computer advising
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 then 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 are just a few of the areas in which we provide consulting services:
- Accounting software selection and implementation
- Type of entity selection
- Business valuations
- Buying or selling a business
- Computer systems
- Financial and retirement decisions
- Estate, trust, and gift planning
For more information on any of the services listed above or below
contact us. We’d be happy to spend time getting to know your needs.
Accounting Software Selection and 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.
Computer Consulting
Whether you are contemplating the addition of new computer hardware or overhauling your network, our experienced staff can assist you with many of the difficult decisions that must be made when designing your business' computer systems.
Management Advisory Services
Even the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success.
Our management advisory is designed to help you establish and reach financial and efficiency goals. Services include assistance in preparation of forecasts and working capital requirements, recommending sources of financing for operations, and advice on capital improvements and streamlining operations.
Litigation Support
Litigation support involves the quantification of economic damages associated with existing or potential litigation using accounting and auditing techniques. We have experienced and competent staff who can compile information efficiently to assist in the calculation and documentation of any potential economic loss or damages.
If you have a litigation issue you need help with,
contact us today.
Fraud Prevention and 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.
If you’re concerned about potential fraud issues in your business,
contact us. We can help.
Retirement and Estate Planning
Effective estate 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.
Successful retirement planning depends on solid planning and periodic review of your financial plan. This will ensure financial independence during your working years and through your retirement years.
The best time to start planning is now.
Contact us today.