| Divorce Financial/Tax Consulting |
When faced with divorce or legal separation, there are many financial and tax issues to be addressed. Our experienced professionals can guide you through the complexities of alimony, child support and divisions of marital property issues. |
 |
| Real Estate Services Group |
Regardie, Brooks & Lewis focuses heavily on serving firms in the fields of real estate ownership, leasing, operation and development, construction, design and building materials. Our services include financial and compliance audits, "yellow book" audits, reviews and compilations of financial statements, tax preparation, management advisory services, workout services, and representation before the Internal Revenue Service.
In addition to traditional audit and accounting services, we assist real estate companies with the following:
Financial projections
Investment analysis
Financial planning
Low income housing tax credits
Insurance analysis
Design and selection of accounting systems
Recruiting of accounting personnel
Preparation of private offering memorandums
Like-kind exchanges
Assistance with financing alternatives
Members of our firm have actively participated in real estate oriented organizations including the Apartment and Office Builders Association of Metropolitan Washington, Council for Affordable and Rural Housing, and the BNA Real Estate Tax Advisory Board. |
|
| Entrepreneurial Business Services Group |
Regardie, Brooks & Lewis has been serving the Entrepreneurial Business Owner's needs for over 67 years. Our clients' successes create financial security for them and their families, and we take pride in being a contributor to that success. We offer many services which are tailored towards the entrepreneurial business, aside from our traditional services. We often act as advisor to the entrepreneur, and throughout the year make certain that their accounting system is functioning effectively, and their tax and financial planning maximizes their accumulation of wealth.
These services include: selecting the form of organization; coordinating professionals; selecting and maintaining accounting systems; obtaining financing; choosing to lease vs. purchase; tax planning; retirement planning; succession planning. |
|
| Not-For-Profit Services Group |
Regardie, Brooks & Lewis provides services to many not-for-profit organizations including professional and trade associations, primary and secondary independent schools, educational and research associations, scientific and charitable organizations, and civic organizations. These organizations represent a significant part of our practice.
In addition to our traditional financial services (audits, tax preparation and representation before the Internal Revenue Service and other Federal agencies), we offer a wide variety of management advisory services to our clients, including:
Accounting System Design and Implementation
Analysis and Design of Financial Reporting Systems
Business Management Consulting
Strategic Management Planning
Municipal Bond Financing Issues
Compensation Analysis and Planning
Accounting Personnel Recruitment
Tax Analysis of UBIT Activities
Cost Containment Procedures
Operational Audits
Litigation Support
Outsourcing
We also provide a variety of informational tools to our not-for-profit clients and friends. We publish articles on current topics affecting not-for-profit organizations. Our articles discuss such issues as:
Understanding and planning for UBIT - Unrelated Business Income Taxation
Public disclosure requirements for Form 990
Adopting a travel and entertainment expense policy
The need for maintaining contemporaneous time records
Implementing audit requirements of OMB Circular A-133
We are thoroughly familiar with all related areas of fund and school accounting including SFAS No. 116, 117, 124 and 136 as well as tax issues, including IRS and ERISA pension regulations.
Service to not-for-profit organizations is a growing part of our practice. We currently serve more than 80 not-for-profit organizations. |
|
| Law Firm Services Group |
Unique among CPA firms, Regardie, Brooks & Lewis' Law Firm Services Group focuses specifically on serving attorneys and their firms in such areas as financial and operations management, income tax planning, partner compensation, office automation and litigation support.
In addition, we provide a variety of informational tools targeted to area attorneys and legal administrators, including our quarterly "Law Firm Advisor". This newsletter provides information on effective operations and management, as well as ideas to maximize services and profitability. Some of our usual services are:
Financial, Tax and Retirement Planning - Through effective planning for maximizing cash flow, and minimizing income and estate taxes, we advise clients on wealth accumulation methods to benefit you and your families.
Accounting and Financial Management - As part of your management team, we provide professionals to ensure that your systems are well controlled and the financial welfare of your firm is protected. We also help maximize billings, cash flow, and financial stability through the use of effective management reports.
Office Automation - Office automation can reduce costs and improve efficiency. Our data-processing consultants will help you design and implement an office automation system specific to the needs of your practice.
Practice Development - Increased competition in the legal profession has expanded the need for lawyers to actively pursue practice development. An effective marketing program is critical to expanding your firm's practice and increasing your stature in the marketplace. Our staff will help you develop and implement a successful and professional marketing plan.
Strategic Planning - Strategic planning is the key to building and maintaining a competitive advantage. The planning process often requires outside assistance to help resolve internal problems, identify external pressures, and facilitate setting proper directions. Regardie, Brooks & Lewis provides the experience and objectivity required for strategic planning and your long-term success.
********** A SPECIAL RELATIONSHIP ********** |
|
| Litigation Support |
Litigation support involves the quantification of economic damages pursuant to existing or pending litigation using accounting and auditing techniques. We have experienced competent staff who can compile information efficiently to assist in the calculation and documentation of potential economic loss or damages. |
|
| Expert Witness Services |
Pending or existing litigation can result in the need for a qualified professional to present his/her opinion to support or oppose evidence submitted to the court. Our level of competence allows us the opportunity to function as expert witnesses in such cases. |
|
| Mergers & Acquisitions |
Finding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations. |
|
| Accounting Services |
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
*General ledger & financial statement preparation
*Bookkeeping (Monthly/Quarterly/Annual)
*Accounting system setup for new businesses
*Computerized payroll services
*Business tax return preparation (Sales & Use/Business Property/Business License)
Analysis of financial data |
|
| Audits, Reviews and Compilations |
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your entity'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
*Internal use - limited for internal management only |
|
| Bookkeeping/Write-Up |
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping, as well as systems set-up and staff training. |
|
| Forensic Accounting |
We use accounting and auditing skills to provide an analysis of financial records in conjunction with dispute resolutions, as well as fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices. |
|
| Financial Statements |
We can assist you in the preparation of your financial statements in accordance with professional standards. The financial statements produced can be a useful tool for management for making financial decisions. Financial statements are also appropriate for meeting fiduciary responsibilities, and reporting to owners, lenders, or others. |
|
| Financial Forecasts & 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 entity's financial goals. |
|
| Cash Flow & Budgeting Analysis |
An entity can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses. |
|
| Tax Services |
Tax planning and preparation form a winning combination for our successful individual, business, and not-for-profit clients. Whether you are an individual or a multi-tiered entity, our experienced staff can develop tax strategies that take advantage of new tax laws, court decisions and legislation. We are accustomed to handling even the most complex and sophisticated tax returns and income and estate planning issues and are familiar with the complexities of multi-state and foreign taxation. We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual, business, and not-for-profit clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:
*Tax planning & return preparation
- Individuals
- Corporations (C and S)
- Partnerships
- LLCs/LLPs/LLLPs
- Estates, trusts & gift
- Not-for-profit organizations
*Taxing authority representation
*Divorce and support issues
*Transactional tax analysis |
|
| IRS Representation |
During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal, state and local tax agencies. |
|
| International Taxation |
Our experience with the taxation of U.S residents working abroad and foreign citizens working in the U.S. has provided us with an extensive base of knowledge in the area of international taxation. |
|
| Payroll Services |
As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also refer you to service providers who efficiently process payroll and prepare all necessary payroll tax returns in a timely manner. |
|
| Sales Tax Services |
Many of our clients are responsible for collecting and submitting sales taxes in many different vicinities. We can assist your company in meeting compliance requirements, as well as the compilation of information and preparation of sales tax returns in an efficient and timely manner. |
|
| Estate & 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 can guide you through the complex process of getting your financial affairs in order. |
|
| Consulting Services |
We gauge our worth by the personal and business successes of our clients. We can help your business or not-for-profit identify areas negatively affecting profitability and growth and 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 entity. The following is just a few of the areas in which we provide consulting services:
*Financial analysis and decision making
*Compensation and fringe benefits
*Ownership issues
*Lease versus buy analysis
*Accounting software selection and implementation
*Type of entity selection
*Business valuations
*Buying/selling a business
*Computer systems
*Financial & retirement decisions
*Estate, trust & gift planning |
|
| Accounting Software Selection & Implementation |
We are an authorized reseller and consultants for Peachtree Complete Accounting. Our experienced staff can help you choose and implement a computerized accounting system, whether it's Peachtree or one of the many other accounting software packages that are available, that best suits your entity's unique requirements. |
|
| Business Succession Planning |
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan. |
|
| Business Valuations |
Whether you are thinking of buying or selling a business, are in the midst of a difficult divorce, or need to arrive at a value for your business or other assets for other planning purposes, or for estate tax reasons, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest. Our staff offers many years of valuation experience and the AICPA Accreditation in Business Valuation. |
|
| Buying & Selling a Business |
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations. |
|
| Fraud Prevention & 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. |
|
| Financial Planning |
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security. |
|
| Retirement Planning |
Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years. Tax planning for retirement focuses on maximizing contributions to either tax deductible or Roth-type retirement plans, and managing withdrawals upon retirement to minimize income and estate tax. |
|
| 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. |
|
| Business Entity Selection |
Choosing the form of entity of your business (e.g. "S" corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company. |
|
