- Tax Services and E-Filings
- IRS Representation
- Entity Selection and Restructuring
- Cash Flow and Budgeting Analysis
- Debt and Finance Advising
- Estate Planning
- Buy/Sell and Succession Planning
- Litigation Support and Forensic Accounting
- Business Plans and Valuations
- Management Advisory Services
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Stevans & Associates, PLLC can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Tax Services and E-Filings
At Stevans & Associates, PLLC, we guide our individual and business clients through a full range of tax planning decisions with strategies that minimize your tax liabilities. Our expertise and experience 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 tax notices.
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.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs. We will work with your attorney and review agreements that affect your business and taxes.
Debt and Finance Advising
Whether your needs are corporate or personal, we 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. Refinancing 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. We can also advise you on the tax implications of insolvency or bankruptcy in dealing with debt forgiveness, and mortgage restructuring or foreclosures.We can provide you with options.
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Stevans & Associates, PLLC’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 disburse one’s estate so as to avoid complications and to be sure 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.
Buy/Sell & Succession Planning
Succession planning for the family business poses a number of challenges, including the timing of the transfer and how interests will be held, determination of who will succeed ownership and management, transfer tax and income tax considerations, and providing for family members who are not active in the business. Use of the proper estate planning and business succession tools can result in a smoother transition from one generation to the next.
Buy-Sell Agreements are utilized to control who is allowed to receive shares in the business. Among other provisions, a Buy-Sell Agreement may include a right of first refusal or mandatory buyout of a deceased (or retiring) owner’s shares. Buy-Sell Agreements may also be used to control the ownership of business interests in the event of a divorce.
Litigation Support and Forensic Accounting
Stevans & Associates, PLLC 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 vast and confusing to sort through. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.
Business Plans and Valuations
Our firm can help you develop a business plan to streamline your finances as well as prepare a formal valuation to determine the total assets and value of your business.
Management Advisory Services
We offer advisory services for business owners to help determine the best accounting and finance practices for their individual venture. We can give you a new perspective of your business and your future. Good cash management can improve a company’s liquidity, reduce costs, and increase profitability. We 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.