Services

TIMELY AND EFFICIENT ACCOUNTING SERVICES

There are a number of firms that offer accounting services—but Ehlen Heldman & Company, P.C. offers a whole menu of options that will keep your business financials running smoothly, helping you build and maintain your profitability. With comprehensive accounting and financial statements prepared for your review on a monthly, quarterly and/or annual basis, you’ll have the ongoing confidence in your company’s financials that allows you to focus on what you do best.

You’ll benefit from:

• Timely, efficient bookkeeping
• Quickbooks support and training
• Financial statement preparation 

SIMPLIFIED PAYROLL SERVICES

We help you take the hassle out of payroll by handling everything for you. Now you can get the payroll services you need to keep your business running smooth, paired with personalized service, review, and support from our knowledgeable staff.

We’ll help you streamline:

• W-2 and 1099 preparation
• Federal and state tax filings

BUSINESS TAX: PLANNING A MORE TAX-EFFICIENT FUTURE

Not only do we prepare your company’s returns with tax savings strategies in mind to save you the most money, but we also help you plan for your future through tax-efficient business practices. Each of your financial decisions impacts your tax consequences, and we have the knowledgeable staff and expertise to help you plan your most desired outcomes.

We provide tax solutions for:

• Corporations
• Partnerships, LLCs, LLPs
• Estate and gift tax
• Personal property

Plus, we also offer representation at IRS exams and audits on your behalf. Let us take the hassle out of tax planning for you!

PERSONAL TAX: HELPING YOU FIND THE MOST VALUE

Don’t leave your tax preparation to chance—our CPAs are knowledgeable in compliance and have a profound understanding of tax law to help get you the best results possible.

By partnering with Ehlen Heldman & Company, P.C., you’ll receive:

• A tax organizer to help you compile and make sense of your tax documents
• A comprehensive tax packet detailing your personal tax results
• Access to a knowledgeable CPA for any and all of your tax questions

STRATEGIC TAX PLANNING

No one likes thinking about or planning for taxes, but as your life changes (marriage, children, jobs, etc.), so does your tax situation. You may be in a lower or higher tax bracket, or you may see unexpected gains/losses in your investments. At the same time, you may not be receiving the full benefit of federal tax advantages for participating in a 401K or IRA.

Start your tax planning by considering:

• How much income tax are you paying on your investments each year?
• What types of tax-advantaged investment programs do you currently have?
• How many tax-advantaged retirement plans (IRA, 401(k), etc.) do you participate in?
• What strategies are you employing to take advantage of the new income tax schedule for dividend income and capital gains?
• When do you anticipate utilizing retirement plan assets for income?
• What is your current tax bracket?
• Which fixed income investments do you currently favor: taxable or tax-free?

Our experienced and knowledgeable team of tax experts can analyze your current situation and make a recommended action plan that’s personalized for you. Call us today!

Business owners today are finding that the business environment is changing rapidly; information and technology has exploded in virtually every business direction and decisions in accounting and finance must be made daily.  As a member of your team we, at Ehlen Heldman, assist you, the business owner, to allow you to operate your business with confidence.  Talk to Ehlen Heldman to see how we can enhance your efficiency and effectiveness as a business leader.  Examples of business planning engagements may consist of:

• Forecasting and Budgeting
• Ratio Analysis
• Cash Management
• Lease vs Buy Analysis
• Inventory Management
• Capital Expenditure Analysis
• Executive Tax and Financial Planning
• Other Planning Strategies

DEBT MANAGEMENT

Certain types of debt such as home mortgages are unavoidable—and even healthy. Other consumer-based debts like credit cards and home equity loans can put your financial future at severe risk. Getting discretionary debt under control quickly should be your number one priority so you can invest those funds in a more productive future.

Our advisors can help you navigate through the tough and unpleasant parts of debt management to help you put your money to better long-term use. Having trouble with debt? Call us today to get started!

RETIREMENT PLANNING TAILORED TO YOU

Have you considered what it will take to not only retire, but realize your retirement goals? You may have aspirations of enjoying the finer things in life when you retire—and we can help you set the appropriate goals to get there.

When planning for retirement, ask yourself:

• What percentage of my current income level will I require in my retirement years?
• Who will be financially dependent on me in my retirement years? My parents? My children?
• At what age do I plan to retire?
• How much do I currently contribute to my retirement plans?
• How effective is the asset allocation model I am using for my retirement assets?
• Where will retirement income come from if my spouse or I are alone (divorced, widowed)?
• What legacy do I want to pass on to my loved ones?

Whether you have a retirement plan that needs revising or you’re ready for a fresh start, our financial advisors can help you plan for the most common retirement challenges and devise an approach that’s best suited to your goals and current financial capacity. 

SUCCESSION PLANNING YOU CAN FEEL CONFIDENT ABOUT

Few people understand the importance and value of your business better than you. Have you taken steps to ensure its future, safety and success? If you haven’t included business planning in your overall financial strategy, now is the time to start.

• Have you thought about what will happen to your business when you retire?
• Will your children take over the family business, or will you sell it to a business partner or outside party?
• When did you put your business succession plan on paper? When did you last review it and update it for structure and valuation purposes?
• Is your succession plan funded for both death and disability?
• What is your exit strategy for "monetizing" your business?
• How protected is your business in the event you become seriously ill, severely injured, or die?
• How much is your business worth? Have you insured the business at that value?

We know small business, and our experts are ready to help you plan a strategy that leaves a legacy for your business. Start the discussion today! 

ESTATE PLANNING: HOW WILL YOU LEAVE YOUR LEGACY?

No one likes to think about death or what will happen to your assets after you’re gone—but in order to ensure a positive future for your family and estate, it should be addressed. When’s the last time you updated your will or even looked at it? As life changes occur, you’ll need to plan differently for what will happen in the event of your death.

A review can help you answer key questions like:

• How much of your estate is earmarked for the IRS?
• What strategies do you have in place to minimize estate taxes at death?
• How thoroughly has your family discussed estate planning issues?
• How would you like your estate handled and by whom?
• When did you last review your will, and how are your assets titled?
• Do you have a favorite charity, school, or group to whom you want to bequeath assets?
• When was the last time you reviewed the beneficiary designations on your insurance programs and retirement plans?

Our estate planning experts can help you safeguard your final wishes and recommend a strategy for updating your plan. Call us today for trusted advice on your estate planning!

PLANNING FOR SPECIAL SITUATIONS

Life is unpredictable for you and your business—and external forces can strain even the strongest of financial plans. Planning for special situations requires proficient management programs to create an effective solution.

Ehlen Heldman is prepared to help you with whatever life may throw at you. Our expertise can help you account for any special situations that arise.