Stevens, Powell & Company, P.A. provides a wide range of services to individuals and businesses in a variety of industries. At Stevens, Powell & Company, P.A., we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Our professional services include:
At Stevens, Powell & Company, P.A., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.
We provide federal, state and local tax services throughout the United States and its possessions. We also assist our clients with international tax guidance.
Stevens, Powell & Company, P.A.'s financial statement services comprise all three levels of assurance depending on your company's needs.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information. We perform financial statement audits for non-profit entities (including Single Act audits under governmental audit standards), for-profit entities in various industries and retirement plans under ERISA and DOL guidelines.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Stevens, Powell & Company, P.A.'s accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments and employee benefit and profit-sharing plans.
These services include but are not limited to:
Our staff services the financial institutions industry, which includes the following:
Consulting engagements have included evaluations of internal controls, financial and SEC reporting, testing for loan impairments for originated loans and loan participations, FAS 114 and FAS 5 loan loss reserve methodologies, fair value reporting, mergers and acquisitions, due diligence reviews and responding to regulatory findings such as SEC comment letters and regulatory examination reports and positions. We have extensive experience in loan documentation, policies and procedures.
At Stevens, Powell & Company, P.A., we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.
These services include but are not limited to:
Everyone should have a well-thought-out plan as to how to disburse one's estate to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss. Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Working alongside your estate tax attorney and other professionals, Stevens, Powell & Company, P.A.'s role is to help you navigate the complex and shifting tax laws, to facilitate the transfer of assets and minimize the tax liability of your beneficiaries.
Stevens, Powell & Company, P.A.'s goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. Working with your existing investment advisors and brokers, we can help guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Stevens, Powell & Company, P.A. can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.
Stevens, Powell & Company, P.A. offers the following solutions to help meet your QuickBooks needs:
We train you personally! Either one-on-one or several individuals within your organization at your company's location.
We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.
Our QuickBooks support service can assist you with any setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.
Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Stevens, Powell & Company, P.A. can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Stevens, Powell & Company, P.A. can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Choosing and administering benefit plans for your employees is often a complex process. Stevens, Powell & Company, P.A. can help you develop, implement, and administer your benefit, retirement and profit-sharing plans with an eye toward rewarding your employees and reaching your company's financial and business goals. We can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business.
Good cash management can improve a company's liquidity, reduce costs and increase profitability. Stevens, Powell & Company, P.A. can help you maintain optimal cash flow levels by tracking sources and uses, forecasting and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if, and when, there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
No one can predict the future perfectly, but we can all benefit from planning for it. Stevens, Powell & Company, P.A. combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.
The range of needs for valuing businesses continues to widen, and Stevens, Powell & Company, P.A. can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this valuation serivices include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are so many factors that contribute to the perceived value of a business. Our professionals can help you evaluate entities that you have an interest in and guide you toward making business decisions that you feel confident with.
Business transactions and transitions are complicated affairs, and whether you're buying, selling or considering a potential merger, Stevens, Powell & Company, P.A. can provide professional know-how to help you successfully structure and negotiate the deal. Stevens, Powell & Company, P.A. employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right decisions for your business for optimum success.
Whether your needs are corporate or personal, Stevens, Powell & Company, P.A.'s professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.