McMahon - Veltus , S.C.
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Accounting and Auditing Services

McMahon - Veltus, S.C. performs a full range of accounting services. These include audits, reviews and compilations of financial statements for management and for distribution to third parties. Our specific accounting and auditing services include:

  • Audit of financial statements
  • Review of financial statements
  • Compilation of financial statements
  • Compliance reporting for regulatory agencies
  • Preparation of personal financial statements
  • Profit sharing and pension plan audits
  • Reporting on prospective financial information, including preparation of cash flow forecasts and projections
  • Specialized industry consultation and assistance

Our aim in conducting audits and reviews is to assess client strengths and weaknesses. We provide practical suggestions that will improve performance and profits.

Whenever possible, we perform portions of our audit and review engagements before year end. This benefits the client's staff and reduces the time pressure involved in finalizing the statements.

 

Tax Planning and Compliance Services

McMahon - Veltus, S.C. devotes considerable effort in the area of tax planning. Our tax planning services are customized to meet our client' changing needs. We carefully research the best professional periodicals and tax reporting services to insure that we are up to date on current tax developments and their impact for our clients. We also assist out clients to develop estate plans for asset growth and preservation with minimal tax costs. Our specific tax services include:

  • Corporate,  individual and partnership return preparation
  • Comprehensive tax planning for business entities and their owners, including non-profit organizations  
  • Analysis and advisement concerning employee benefit plans
  • Estate and inheritance tax planning
  • Leveraged buy-out's, reorganizations and liquidations
  • Representation before various other government agencies and taxing authorities

Our personalized service is designed to enhance and augment each client's tax strategy. We work to insure that developments and key issues are reviewed and modified to optimal benefit.

 

Reporting Services

In today's business environment it is important for successful executives to look regularly at areas such as asset management, profit and loss, financial trends and comparison to industry standards. The experienced staff of McMahon - Veltus, S.C. is equipped to handle the varied reporting needs of our business clients We provide assistance will all accounting matters. We also provide all standard financial reports as well as specialized reporting to banks, surety companies and other interested parties.

In addition to the general ledger and financial reports, McMahon - Veltus, S.C. offers a wide variety of other services including:

  • Preparation of quarterly and annual payroll tax reports
  • Accounting systems design
  • Preparation of sales and property tax reports
  • Preparation of amortization and fixed asset schedules
  • Personal computer services
  • Bookkeeping

McMahon - Veltus, S.C. 's financial reporting services are effectively integrated with our management advisory services so we can maximize the resources and profits of our clients.

 

Management Consulting Services

An essential element of success is the ability to reach good, timely decisions. We provide counsel and recommend courses of action over a broad range of issues to assist our clients in maximizing their business potential through sound fiscal management. Our management advisory services include:

  • Feasibility studies
  • Organizational issues
  • Business Valuation
  • Credit Management
  • Financial control and cost accounting systems
  • Forecasts and projections for financial and tax purposes
  • Internal accounting policies and procedures
  • Investment opportunity reviews
  • Qualified and non-qualified retirement plans
  • Compensation and fringe benefit planning  
  • Wealth conservation and management
  • Segmented personal financial planning

Payroll Services

In the diverse world of business, some companies find it difficult to manage all of the many functions required to run their businesses. Wouldn't it help you to rely on a trusted and accessible business partner to handle your payroll? Allow us to take care of your payroll needs - from issuing the payroll checks to filing the necessary tax returns.

Business Valuation Services

ESOPs, litigation support, mergers and acquisitions, divorce settlements, buy - sell agreements... In these cases, you need to know what your business is worth. Rely on our firm to assist you through these difficult processes. We will do a comprehensive analysis that can help you make informed decisions.

Accurate and timely accounting information is a necessity for any successful business. McMahon - Veltus, S.C.  can assist you on either a temporary or on-going basis. Due to the size of our firm, our clients receive incomparable, personalized, quality service. We offer the following: 

- Accounting and Auditing Services
- Tax Planning and Compliance Services
- Reporting Services
- Management Consulting Services 
- Payroll Services
- Business Valuation Services