Services

Audit, Review, & Compilation Services
Adams & Harper, PA believes in "value-added" services. Our staff is encouraged to examine not only the facts and figures of transactions, but also the implications for your company or organization. We look for trends that might have been overlooked and for opportunities to present owners and managers with new ideas for improving operations. Our goal is to carefully plan each engagement so we may provide cost-effective service.

In addition to providing services to privately owned companies, our accounting and auditing department has developed a high level of experience in several specialized accounting fields and industries. We are qualified to perform both "Single Audits" and "Yellow Book Audits", which are specialized audits required for many organizations that receive governmental funding assistance, or for audits of not for profit organizations. Other specialized areas of expertise include condominium and homeowner associations, ERISA required pension and profit sharing audits, mortgage lenders (loan correspondents), construction, contractors, subcontractors, premium finance lending companies, and more.

If your business or organization has audit or accounting needs, we invite you to contact us and request a proposal for Audits, Reviews and Compilations of Financial Statements, Agreed-Upon Procedures, Prospective Financial Statements, Monthly or Quarterly Accounting Assistance Services, or Establishment of Internal Control Policies and/or Review of Policies.

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, business sales, and mergers or acquisitions. We will guide you into, through, and out of these transactions. We will also consult with you as necessary to file final tax forms and aid you to wind down your "shell corporation" or other residual business forms.

IRS Representation

During our years of experience dealing with many taxing authorities, we have achieved a high level of competence. This experience will ensure our clients can be very confident they are being properly represented before the various federal and state tax agencies.

Our senior tax partner, John Adams, has extensive training and experience with the IRS. He was previously an IRS examine agent and supervisor before he joined our firm. Mr. Adams has represented many taxpayers and is acknowledged by other professionals for his expertise in this area of practice.

Estate Planning & Elder Assistance
Effective estate 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.

We also provide check writing and bill paying services on behalf of elder citizens who need such assistance and can enjoy the confidence that comes with using our office and our competent, knowledgable and available staff.

Retirement Planning
Successful implementation and periodic review of your financial plan is an important step toward realizing financial independence during your working years and through your retirement years.

Accounting & Computer Support
Adams & Harper, PA offers value based solutions to your typical accounting software questions.

Proper set-up and maintenance of your accounting software is essential for a cost-effective and consistently performing system. Doing it right, from the start, has proven far more cost-effective than trying to fix mistakes later. Our qualified and experienced staff can assist your representatives in selecting the correct software for your business and then guide you through a successful implementation, complete with training and procedures.

We have multiple staff members who are educated and experienced in various software applications. These staff personnel devote nearly 100% of their time to supporting your accounting software needs. They will analyze your existing system, recommend improvements, provide setup and/or training, and provide routine visits (monthly, quarterly, etc) as requested.

We also have a wide range of "add-on" programs (typically associated with QuickBooks Accounting Software), which we can assist clients to consider in their business application. Most of these programs are industry-specific but can increase business efficiencies and simplify such functions as inventory management, manufacturing processes or cost reporting, retail sales, and many more activities.

Financial Forecasts & Projections
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 designed to achieve your goals and strengthen your financial security.

As a business owner (or potential owner), you will be faced with perparing pro-forma statements showing future cash flows or investment needs. We can assist in this process as well as provide support while you request an initial or secondary loan for your business.

Bookkeeping & Quickbooks™ Support
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 and keep your business effectively prepard to file annual tax forms.

We are also very experienced and knowledgable with Quickbooks™. We have several staff and a partner who have earned the Pro Advisor designation and are capable of assisting you with any Quickbooks™ issues, including payroll processing and regular training or assistance with the program.

Tax Services
Business and Personal Tax Services.... Whatever your financial goals, income taxes will play a significant role. To minimize the tax impact, proper planning is vitally important. We offer tax planning that is innovative yet consistent with sound business judgment. We are continually exploring new techniques and analyzing the latest court cases and IRS rulings to provide our clients with the most up-to-date tax planning ideas. Whether your tax needs are simple or complex, business or personal, for preparation or consultation, our firm can help. The staff of Adams & Harper, PA has significant experience with all types of business entities in a wide array of industries and professions. Whether your needs are resolving existing tax problems or planning for the future, we will assist you with experienced and knowledgeable professionals.
Business & Individual Tax Planning & Compliance
International Taxation Issues
Multi-state Taxation Issues
Gift, Estate & Trust Tax Planning & Compliance
Succession Planning
Representation Before Federal & State Taxing Authorities

Advisory Services
Business growth does not always equal success…good resource and personnel management, coupled with planning, does! Our partner and staff level experience and professional expertise can provide you with many answers. Our business services range from assisting clients in preparing initial business plans to help mature businesses refine and enhance their operating systems. We can provide you with the benefit of our technical expertise combined with business acumen to help solve your organization's problems.
Personal Financial Planning
Business Budgeting & Planning
Estate Planning
Litigation Support
Executive & Staff Recruitment and Training
Contract Analysis
Due Diligence
Information Technology Services
Systems Design and Implementation
Computer Software Selection and Installation
Accounting and Financial Reporting Systems
Pension, Profit Sharing, and Employee Benefit Plan Design & Implementation
Manufacturing Cost Establishment and Measurement Systems

Sales Tax Audit & Related Services
Many of our clients are responsible for collecting and submitting sales taxes in many different taxing districts, regions or states. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner. Our firm can also prepare monthly, quarterly, semiannual, and/or annual sales and use tax returns for clients. In addition, we assist clients with sales and use tax audits and/or correspondence relating to sales and use tax issues.

When you engage us to represent you during a sales tax audit, you can be confident that we will provide the experience and background you or your company needs. We recommend that you have professional assistance with any sales tax audit, and that you acquire it before the sales tax auditor begins the audit.

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 designed to achieve your goals and strengthen your financial security.

Successful implementation and periodic review of your financial plan is an important step toward realizing financial independence during your working years and through your retirement years.

Pension & Profit-Sharing Plans
Qualified retirement plans (e.g. defined-contribution or defined benefit plans, Keoghs, SEPs, etc.) can provide significant tax advantages for closely held businesses and self-employed individuals. Our qualified staff can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees.

We are also qualified and experienced in performing audits of such plans which have more than one hundred participants and requires an audit by The Department of Labor.