Medack & Oltmann, LLP
Medack & Oltmann, LLP
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    • Home
    • New Clients
    • Services
      • Tax Services
      • Business Services
      • QuickBooks Services
    • Client Resources
      • Blog
      • Business Handouts
      • Tax Planning Handouts
      • Retirement Handouts
      • Estates/Trusts Handouts
      • Individuals Handouts
    • CLIENT LOGIN
    • MAKE A PAYMENT
    • About Us
    • Contact Us

  • Home
  • New Clients
  • Services
    • Tax Services
    • Business Services
    • QuickBooks Services
  • Client Resources
    • Blog
    • Business Handouts
    • Tax Planning Handouts
    • Retirement Handouts
    • Estates/Trusts Handouts
    • Individuals Handouts
  • CLIENT LOGIN
  • MAKE A PAYMENT
  • About Us
  • Contact Us

Business Services

Audits

Compilations

Reviews

An audit provides the highest level of assurance. An audit is a methodical review and objective examination of the financial statements, including the verification of specific information. Audit work includes a review of internal controls, testing of selected transactions, and communication with third parties for verification. Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.


Reviews

Compilations

Reviews

Less extensive than an audit, but more involved than a compilation, a review engagement consists primarily of analytical procedures applied to the financial statements, and various inquiries made of your company's management team.  A review doesn't require us to study and evaluate your company's internal controls or verify data with third parties or physically inspect assets. Rather, a review report expresses limited assurance.

Compilations

Compilations

Compilations

In compiling financial statements for a client, we present information that is the "representation of management" and expresses no opinion or assurance on the statements. Compilations don't require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business. Banks often require compilations from an independent CPA as part of their lending agreements.

Payroll

Tax Preparation

Compilations

When it comes to paying employees, filing requirements have made the payroll function a time consuming nightmare for the small business owner.

We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.


Why Outsource Your Payroll?


  • Use your staff more efficiently by letting us handle payroll and tax filings. Reduce overhead by removing the need to hire employees experienced in payroll.
     
  • Eliminate the risks of calculating and filing your own payroll taxes by having professionals do it for you.
     
  • Our professional staff allow you to focus on the core competencies of your business while we take care of the bureaucracy.
     
  • Get a wide variety of user-friendly and accurate payroll reports to track the costs of your employees.

Tax Preparation

Tax Preparation

Tax Preparation

Our experienced staff has over 70 years of combined experience in tax preparation for sole-proprietorships, partnerships, corporations, and non-profits. 


For more information on our tax services please see the "Tax Services" section of our website.

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important dates

Please be aware of our office deadlines below for dropping off your tax information:

  • January 15th - Information for our office to prepare various Form 1099s
  • February 15th - Business Returns (Partnerships and S-Corporations)**
  • March 1st - Individual Returns and Calendar Year Corporations**
  • July 15th - All returns which were extended (after this date, it may not be completed by the deadline for extension of September 15 or October 15)

**All information must be received by these dates or your tax return will likely be extended.