Services
If you’re looking for a firm that will focus on your individual needs, and always treat you like a client who matters, look no further. Our firm is large enough to offer a full range of professional services, but small enough to give you the individual attention that you deserve.
We will thoroughly and conscientiously study your personal situation, and tailor our advice to your specific needs.
Accounting Software Selection & Implementation
There is no shortage of accounting software solutions for your business. Software as a service (SaaS), cloud computing, and other technological innovations are adding more dimensions to technology decisions. Choosing the right solution that will meet the needs of your business now and in the future while also providing a necessary level of security is crucial. We can analyze the nature of your business and financial transactions, current technology, future business plans and emerging needs to identify and implement a software solution that is flexible enough to grow and change with your business.
Audits, Reviews, and Compilations
Our audit, review and compilation capabilities are a core part of our services. We tailor each process to the unique needs of your business. We deliver financial statements and reports that are clear, concise and acceptable to all outside parties and that can provide information and insight to help you run your business more effectively. We will work closely with you and your key employees to develop and execute a plan to complete this work by minimizing employee time spent on the process and without disrupting operations.
Bookkeeping/Write-Up
If your business does not currently have accounting staff or if your business is outgrowing its current bookkeeping system, we can provide comprehensive bookkeeping and write-up services to ensure the smooth operation of the financial side of your business. As your business needs grow and change, we can provide input and planning assistance to make sure your accounting and financial systems keep pace with your business needs.
Business Consulting
As a true business partner, we are available to help you deal with any business problem or opportunity. We stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, we have the necessary business acumen and analytical capabilities to help you make the right decisions.
Business Entity Selection
The business entity—LLP, LLC, sole proprietorship, partnership, corporation, etc.— that you select for your business has enormous financial and tax implications. It is important that you make the right decision. We can explain each choice and its implications. As your business grows and changes, the type of business entity you choose may need to change also.
Buying or Selling a Business
Few business decisions are more important, complex and potentially business altering than a buy or sell decision. When you are ready to sell your business, we can provide support at every step, including valuing the business, vetting potential buyers, and supporting due diligence. If a buying opportunity presents itself, we can help by providing valuation services, developing negotiation and financing strategies, and managing the due diligence process.
Estate & Trust Tax Preparation
Estate matters affect everyone. By taking proactive steps today, you can ease the way for your heirs during a very difficult time. We can work with your legal counsel to help you to structure your estate and trusts to minimize taxes and ensure the smooth transition to your heirs. We are available to handle all estate and trust tax-related matters.
Financial Analysis
When a business is able to undertake strong financial analysis, it opens up new opportunities to improve management, planning and decision making. Financial analysis provides the numbers to support, reject or contemplate a course of action. Prospective analysis can show how situations may evolve under various scenarios, providing a new dimension to decision making. We are ready to provide this type of financial analysis to support the continued prosperity of your business.
Financial Statements
Financial statements are an important tool for management decision making. Financial statements also represent your business to lenders, partners, potential buyers and other interested parties. We will work closely with your key personnel to develop and finalize accurate and timely financial statements.
IRS Representation
An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, we can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.
Management Consulting
The experts at Wolf Ausch, PC know the intricacies and financial processes that are involved in running businesses – in real estate and beyond. We provide you a technological advantage that other services cannot compare with, and utilize an innovative business model that gets proven results across a variety of industries. We offer the following services in this regard:
- Bookkeeping
- Payroll processing
- Sales tax
- QuickBooks setup
- Comprehensive reports
- Government correspondences
- Incorporations
- Tracking investments
- Corporate and personal tax returns
- Consultation services for the above
Advantages
Whether you specialize in corporate investments or own comprehensive real estate portfolios we can help you keep track of them. Our services have proven to be profitable for clients such as:
- Real estate management companies
- Businesses looking to expand
- Small businesses that employ five or more employees
- Businesses going through mergers or acquisitions
- Retired individual business owners
- Individuals who are high in net worth
- And more
Not only do our services spare clients from putting additional personnel on payroll, they also give them the time they need to focus on core operations or other matters. Our experts keep themselves updated on the latest financial regulatory requirements. This allows us to ensure that clients are provided with updated financial reports and analytical services.
How We Deliver
We know that businesses need to generate timely statistical reports in order to facilitate performance, maximize profits, develop strategies and highlight certain issues.
Managing multiple real estate investments or operating a real estate business should bring you profits. However, administrative processes are vulnerable to errors and may compromise your profit building methods or tax filings. The team at Wolf Ausch, PC makes it possible for you to make informed decisions by giving you access to regular financial info that is relevant to your business.
This is also why our services are valued by businesses that rely on their own bookkeeping staff as well. Our experts visit such clients twice on a monthly basis in order to ensure that their practices keep up with current financial standards.
Of course, not all the clients we service have bookkeeping staffs to keep their finances in order. As a result, they often lose out on the benefits. Our aim is to provide such businesses with services that are implemented through an elite level of professionalism. Clients can rest easy knowing that they will be provided with regular financial reports regarding certain business operations.
Payroll Services
Constantly changing federal, state and local laws and tax regulations make payroll management an ongoing challenge for business owners. Our payroll services professionals are well versed on these laws and regulations. We can proactively alert you to material changes that will affect your business and your employees while also keeping payroll running smoothly no matter how large your business and your employee population become.
Retirement Planning
Retirement planning is critical in these uncertain times. Whether you are developing a retirement plan for yourself or choosing a retirement plan to offer to your employees, we can help you evaluate the available options. Our focus is on helping you to make the choice that is most appropriate for your own financial situation. If you are choosing a retirement plan for your business, we will base our recommendations on the unique characteristics of your business and your employee population, as well as the legal and compliance issues related to each type of plan.
Sales Tax Services
State and local tax authorities are looking to maximize sales tax collections. We can help you understand and manage your sales tax obligations and prepare sales tax returns in an efficient and timely manner.
Tax Preparation
Do you need help during tax time? Our experts are on the job. Wolf Ausch, PC helps real estate investors, small to medium-sized businesses and individuals who are delinquent in their taxes.
Real Estate
Organizations or individuals who own multiple properties have to deal with various associated tax regulations on a regular basis. We also cater to clients who manage multiple LLCs and require ongoing quality control. We have been providing tax preparation and planning services to customers such as developers, investors and real estate owners for years – and are very familiar with the NYC market.
Small Business
Small business owners do not always have the funds and resources to hire an accounting staff full time. You can rely on Wolf Ausch to provide you with the expertise of qualified and experienced CPAs. Let us handle your taxes all year round so that you may focus on your core operations. We can provide you with a variety of updated tax services that are relevant to your business.
Delinquent Taxes
Filing delinquent taxes shouldn’t have to be a chore. Nobody wants to pay more than they can afford – and the Certified Public Accountants at Wolf Ausch help ensure your funds aren’t compromised. Our professionals will walk you through the process and help you avoid costly levies from the IRS. Anyone can fall behind on their taxes; but we help you stay up to date.