At Richard A. Podraza CPA PC, we have over
twenty years of experience working with individuals and
closely-held businesses. We have learned from clients who
succeeded and from those who did not. We use that experience to provide
our clients with better information helping them make
decisions to maximize income and wealth.
Our services include financial
statement preparation, attest services, business valuations,
litigation support, business consulting, and of course, income and
payroll tax services. We help new businesses establish
their accounting systems and with all facets of tax
compliance. Mature
businesses benefit from continued financial reporting, consulting
services, and tax planning.
Owners of closely-held businesses
all watch the bottom line, but often neglect a major part of their
wealth until a sale or retirement looms. Business value starts with cash
flow, but just as important is confidence that cash flow will
continue and grow in the future. That confidence is influenced by
both monetary and non-monetary factors. Because many strategies can take
time to implement, they must be part of a long-term plan. Better information means
helping clients understand the factors that impact value as well as
those that impact income. With this information, our
clients can make better decisions to improve income, the value of
their business, and therefore, their overall wealth.
Individuals also need to develop a
wealth strategy and review it when events demand. An income tax return is pretty
much etched in stone on December 31. After that deadline damage
control is the only option available to those who planned poorly or
did not plan at all. A
wealth strategy includes a long-term strategy as well as a plan for
the current year. The
plan should be aimed at minimizing income taxes, but should not
ignore wealth management goals. A key service we provide to
individuals is helping develop and implement the best strategy to
accomplish these objectives.
We welcome an opportunity to discuss
your needs.
