Accounting & Tax
Accounting Direction
Regardless of your business size or situation, Alliant Advisors has the team, tools and experience to help you with the services you need.
Accounting Direction means going beyond one-size-fits-all solutions—we work with you to find the solution that works best for your business and its unique needs. Businesses go through many stages. From start up; to operation, enhancement and growth; to exit, Alliant Advisors is there. Our team is specifically trained for supporting the owner in each stage of their journey.
Start-Ups
Starting or acquiring a business is often more involved than it appears.
- Determination of venture feasibility: financial, personnel, marketing, management
- Formal or informal business plan preparation or assistance
- Selection of tax entity (sole proprietor, S-corporation, C-corporation, L.L.C.)
- Work with other professionals-attorneys, insurance agents, bankers, etc.—to assure that all
- requirements are met with qualified, caring professionals
- Application with government agencies for tax filings
- Determination of the best accounting system and processes for client’s needs
- Implementation or support of QuickBooks ® accounting software
Operation
Our clients retain us to keep them focused and directed on their goals and desires. Many of our clients in the this stage of their business engage us for services such as:
Accounting and Record Keeping, including:
- Bookkeeping on our internal after-the-fact accounting system
- Review and adjustment of client-prepared bookkeeping records
- Setup of client on computerized accounting systems such as QuickBooks®
- Part-time CFO/Controllership; budgeting and financial analysis
Preparation of Financial Statements:
- Internal or external
- Monthly, quarterly, annual or as-needed
- Compilation or review
- Limited or full disclosure
- Cash or accrual
- Enhanced Reporting Package to more completely satisfy your reporting needs
QuickBooks© Services
- QuickBooks© ProAdvisors on staff to assist on any level
- Accounting system setup
- Account definition, mapping and set up
- Customized reporting capability
- Training
To learn more, contact our Accounting specialist Wade Runge.
Tax Direction
Companies of all sizes and individuals with a wide range of needs count on Alliant Advisors to help them navigate the maze of continually changing federal, state and local tax regulations.
Getting the Tax Direction that Works Best for You - Questions to Consider:
Tax Direction requires more than a calculator and a few tax forms—it is a complex process that helps you find the solution that is most appropriate for your unique situation and needs. At Alliant Advisors, we begin our process of discovery by asking owners relevant questions in some of the following areas:
Trusts/Estates
- Do you have a living trust?
- Have you properly funded your living trust?
- Have you considered donating appreciated property to charity to save on income taxes?
- Are gifts or inheritances you've received subject to income tax?
- Have you developed a lifetime gifting program to reduce your estate?
- Has a spouse or relative passed away leaving you to administer their estate or trust? What tax forms are necessary? What issues need to be considered?
Entities
- What entity should we use when purchasing rental real estate? Why?
- What are the tax implications of owning rental properties?
- Should my professional business be an S-Corporation or an LLC?
- We are looking to sell our business. What should we be aware of? Does the agreement as currently structured by our attorney fairly represent the desired tax results? What are the tax results of the sale?
- Should we setup a retirement plan for our business? What kind – a SEP-IRA, a SIMPLE plan or a qualified plan like a defined benefit pension plan?
Tax Direction Services
Many companies and individuals rely on Alliant Advisors for the following essential services:
Tax Planning and Preparation
- Income taxes
- Sales taxes
- Payroll taxes
Specialized Services
- Tax research for your most complex challenges or issues
- Estate and gift taxes- return preparation and consulting
To learn more, contact our Tax specialist Steve Douglas.
