Financial Services

Comprehensive Financial Statement Preparation - Whether you operate in the for-profit or non-profit sector, our skilled accountants can assist you in preparing for your upcoming board meeting. We can generate essential financial documents such as executive letters, balance sheets, profit and loss statements, cash flow statements, and accompanying notes. These tools are indispensable for making informed investment decisions.

Activity-Based or Rolling Budgets - Your primary aim is to create value for your business, and our role is to support you in achieving this objective. Our accounting team will collaborate with you to establish a budgeting system tailored to your unique business needs. Key questions clients need to address include: Do you possess the assets and resources to meet customer demands? How should your business be structured optimally? Are you taking steps to enhance your knowledge and stay ahead of competitors? Creating value is the ultimate aspiration for any successful business.

Personal Financial Statements - Occasionally, clients may require a personal financial statement for purposes like securing a bank loan or applying for federal ADBE licenses. Regardless of the reason, our company can assist you in crafting such statements.

Accounting Software - We offer training in QuickBooks and the Great Plains accounting system.

Tax Return Preparation - We specialize in preparing tax returns for individuals, C Corporations, LLCs, Partnerships, Estates, Trusts, Exempt Organizations, Personal Property Taxes, Sales Taxes, and Payroll Taxes. Our commitment is to keep you in compliance with tax laws.

Tax Planning - Effective tax planning is essential to avoid or minimize substantial tax liabilities. With Crosdale & Associates as your tax advisor, we are dedicated to identifying deductions and credits that can help reduce your tax liability.

Transactional Tax Planning - If you're considering selling properties, we can assist you in determining whether it is cost-effective to proceed in the current year or wait for a future year.

Choice of Business Entity - Clients who are sole proprietors, C Corporations, or Partnerships may consider changing their business entity to an S Corporation. We can guide you in making that decision.

Tax Audit Representation - If you receive correspondence from the IRS or any local taxing authority, we can represent you before these agencies.

State and Local Tax Planning - If your company operates in multiple states, we can help you navigate the complexities of varying state tax laws.

Our licensed certified public accountants possess the expertise to conduct financial statement audits and provide written certificates or opinions on the accuracy and fairness of financial information, including financial statements, reports, schedules, and exhibits.

We have extensive experience applying accounting principles to analyze financial data, prepare reports, and adhere to Generally Accepted Accounting Principles, with a focus on personal and corporate accounting and tax methods.

We can analyze and interpret business and personal tax returns, account balances, general ledgers, and provide clear explanations to clients.

Our team is skilled in researching complex technical data, obtaining information from various sources, and collaborating closely with clients. We can search for and obtain information on unrecorded assets and liabilities and summarize changes in account fund balances and legal documents.

We offer expert analysis and advice to program managers regarding financial matters encountered in the DBE/ACDBE program.

CFO/Controller Services - In an ever-changing business landscape, many small businesses cannot afford a full-time Chief Financial Officer or Controller. We provide clients with the flexibility to hire or rent a CFO/Controller for a day, a week, or a month to assist with their financial management decisions.

We offer tax services tailored to non-profit organizations.