Accounting Services

The financial and operational business performance of an organization is crucial to its success.  For over ten years Wasacz & Skvoretz LTD has been providing quality and trusted auditing and accounting services.

Our assurance services team performs audits, reviews and compilations and leverages the knowledge gained in that process to help your business improve performance.  Our experienced professionals are equipped with comprehensive information on industry trends and the business issues that identify hidden opportunities and potential risks to your organization.

Business Valuations

The need for business valuation services has increased rapidly over the last several years.  This need has expanded to closely held companies and their subsidiaries and divisions and to segments of public companies.  Business valuations are performed to learn the true value of a company as well as being useful as a management tool.

There are many reasons for valuing a business, including the sale, purchase or merger of a company; estate and gift tax; matrimonial disputes or other litigation matters; buy-sell agreements; newly elected S corporation status; and financial reporting.  A business valuation can be used to gain insight into the strengths and limitations of a business so that management can focus on areas that will provide the best return on investment.

Determining the value of a business involves analyzing the company's financial statements, budgets and projections, and the gathering of external information about the subject company and its industry.  The business valuation professionals at Wasacz & Skvoretz LTD look at all of the elements that affect value, especially risk assessment (and how risk affects value), to arrive at the true value of a business.

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Estate Planning

An estate plan allows you to designate how your assets are managed during the period of administration and to whom your property will ultimately be distributed.  A well-designed estate plan provides you with peace of mind knowing that your assets will be protected and the maximum amount will be transferred to your beneficiaries.

Issues relating to estate planning are more complex than just the transfer of money from the estate to named heirs.  These issues should include planning for the management and preservation of assets in case of disability.

Our team will analyze information and ask the hard questions to ensure that our clients reach their goals while minimizing income and estate taxes for their beneficiaries.  Our professionals also take an active role in following up on the estate plan to be sure asset ownership and beneficiary designations are in compliance with the overall plan.

Estate plans need to be reviewed every three to five years, especially if you have experienced any of the following life events -- marriage, divorce, birth or death of a family member, or a significant change in income.  Our estate tax professionals can provide you with an individualized plan to help you achieve your asset preservation goals.

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Tax Services

Our tax professionals are CPAs with the experience, training, team values and tenacity to meet the tax planning and compliance needs of our clients.  We have decades of experience addressing the most technical and diverse tax issues on the local, state and national level.  We become a working part of your management team to provide cutting-edge tax planning, analysis and advice as well as accurate and timely tax return preparation.

Taxes can cause stress on any person or business.  Tax planning, analysis and compliance are never easy.  Filing deadlines, as well as communication and negotiation with taxing authorities, can generate extreme pressures.  We use tenacious study and interpretation of existing tax laws, intense consideration of "late breaking" income tax proposals and controversies, efficient filing procedures and well honed communication skills to help our clients successfully cope with tax pressures.

Experience, training, teamwork and tenacity:  We use this proven formula to provide the highest level of service to our clients.

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