OUR SERVICES
Buy Yourself More Time!
As a business owner you’re in the big seat. There’s no time to waste on excess meetings…you need to be making future plans about where to take the company, then figuring out how to turn those ideas into reality. Do you REALLY want to also be doing your own taxes?
With one conversation, the Gerlach team will handle your accounting, bookkeeping, and financial strategies for you. We’ll help you get back to the job of running your business and generating profits! Talk to us about handling all your financial challenges, including:
PPP Loan Forgiveness
Bankers call this program "As complicated as filling out your taxes."
Whether you're using form 3805EZ or long form 3508, Candice can help you find the right deductions to increase chances of getting 100% forgiveness on your loan. Turn to her for guidance on:
- How aggressive you can be
- What paperwork you need to itemize
- Record keeping requirements
- All the nuances of what is best described as a fluid situation
Don't wait until the last minute! Get started now with expert advice.
Partner Dissolution
Studies show roughly 70% of corporate partnerships fail, typically due to relationship issues, philosophical differences, or unequal commitment among partners. Or perhaps you’re changing the corporate structure, and need to dissolve one partnership to re-form with other partners.
Whatever form your new direction takes, Candice and her team know how to get and keep you organized.
Talk to us today to see how it's done right the first time.
Tax Management
Nobody should pay more taxes than they need to!
With 20 years experience in audits, tax compliance, and forensic accounting, Candice knows the rules and how to keep you from breaking them.
She and her team will delve into your company’s financials, uncovering opportunities and developing creative strategies to help you keep more of your own money…legally, ethically, and honestly.
Strategic Tax Planning
Most CPAs can't provide strategic tax planning services due to their limited knowledge of the tax code. This means they’re focused on a client's historical record keeping, rather than always strategizing for your future needs. That inability to think proactively guarantees minimal effectiveness in making the tax code work in your favor.
With 20 years of experience in all areas of public accounting, financial statement preparation, audits, tax compliance, and white-collar crime, Candice Gerlach knows how to spot issues before they become problems, and to take advantage of all the opportunities available in the 74,000+ pages of the tax code. You can get her started working for you now.
Divorce Proceedings
For whatever reason, the marriage didn't work and it's time to go your separate ways. The Gerlach team is understanding and non-judgmental as we help you:
- Identify (and trace) assets & corporate benefits
- Value businesses, pensions, retirement funds, and intangibles
- Determine income streams
- Analyze lifestyle and marital spending patterns
- Construct a marital balance sheet
- Project impacts of tax issues
- Prepare for deposition
- Organize for child support and alimony issues
- Analyze the opposition's report
- Collect expert witness testimony and litigation support
- Mediate, arbitrate, and engage
Gift, Estate & Trust Accounting and Taxes
When you’re an executor, personal representative, or administrator of an estate, your job begins at the death of the person whose estate you’re administering. You’ll be tasked immediately with:
- Obtaining copies of the death certificate, and distributing it to banks, credit card companies, insurance companies, and others;
- Applying for a federal Taxpayer Identification Number for the estate;
- Inventorying safe deposit boxes;
- Tracking down real estate the person owned or had an interest in;
- Managing probate, potentially in multiple locations;
- Determining, finding, and contacting heirs and beneficiaries;
- Working with attorneys, CPS, and/or enrolled agents;
And this doesn’t even begin to address the seemingly endless array of tax returns you’ll be required to prepare. In fact, we’ve heard tales of executors taking YEARS to work through all the details.
So why not make your life easier and let Candice and her team deal with the long list of financial matters, so you can go back to living your own life that much faster?
WHAT ELSE CAN WE DO?
Temporary/Fractional CFO
Most CPAs aren’t qualified to provide strategic tax planning services due to their limited knowledge of the tax code. This means they’re going to be focused on your historical record keeping, rather than always strategizing for a client’s future needs. That inability to think proactively is guaranteed to minimize their effectiveness in making the tax code work in your favor
You know you’ll benefit from having a Chief Financial Officer in place, but your company’s too small to have one full-time. Let our team of professionals elevate your financial strategies, help your company overcome challenges, accelerate growth, raise capital, increase shareholder value, and help your business succeed by:
- Improving Financial Stability & Growth
- Resolving Cash Flow Challenges
- Raising Capital (Debt or Equity)
- Improving Reporting & Record Keeping
- Optimizing Systems for Scalable Growth
- Providing Long- & Short-Term Forecasting
- Organizing Historical Financials
- Creating Long-Term Financial Strategy
Forensic Accounting
Candice was the lead forensic accountant of many large national financial crimes, including a $100 million Ponzi scheme. It’s just one of the reasons she’s typically called upon to use her accounting, auditing, and investigative skills to examine questionable finances. Reach out to her when you need an accounting analysis suitable for legal proceedings.
Expert Testimony/Depositions
Whether your case is personal or business-related, you’ll find having Candice’s professional credibility a huge asset in your case. With 20 years of experience in all areas of public accounting, financial statement preparation, audits, tax compliance, and white-collar crime, she’s very comfortable in the role of:
- Expert witness
- Consultant
- Trier of fact
- Court-appointed expert
Candice was the lead forensic accountant of many large national financial crimes, including a $100 million Ponzi scheme. It’s just one of the reasons she’s typically called upon to use her accounting, auditing, and investigative skills to examine questionable finances. Reach out to her when you need an accounting analysis suitable for legal proceedings.
Financial Income Statements
Your profit and loss statement (P&L) provides an itemized list of all your revenues and subtracts an itemized list of all your expenses. This ensures you know the status of your business at any given moment. Watch as we help you…
- Track revenues and expenses to regularly assess the operating performance of your business
- Determine how profitable every section of your business is on any day
- Identify specific items (phone, marketing, supplies, etc.) that are costing you more than they should
- Track your product returns or cost of goods sold
- Control your tax liabilities
- Provide options you never knew about or considered
Compilations and Reviews
You may not need an audit to assure the accuracy of your company’s financial records. Candice Gerlach and her team can provide a review which, while less detailed than an audit, will deliver enough insight into your business’ operations to answer most of your questions.
AND WE DO THE BASICS, OF COURSE...
General Accounting
Learn the language of commerce with North County’s best instructor. We’ll dig deep to measure, track, process, communicate, and understand your business as well as you do. Regardless of your audience…investors, creditors, corporate owners, regulators…or just a need to better understand your own company…the Gerlach team will simplify your financial concerns with a proactive approach to today’s realities and tomorrow’s tax planning.
Whether it’s day-to-day management you’re after, or a need to address a tough challenge, Candice Gerlach has the answers you’re seeking.
Bank Reconciliation
Reconciling your business checking and reserve accounts each month means you'll painlessly keep your bank accounts, accounting, and taxes up-to-date. We'll put controls into place ensuring you can…
- Identify lost checks, lost deposits, and unauthorized wire transactions
- Detect and prevent excess/unjustified bank charges
- Ensure transactions are posted correctly by your bank
- Prevent embezzlement of funds from within your company
- Manage your cash more efficiently
- Protect yourself from fraudsters
- Know how your business is doing
- Sleep better at night knowing your bank accounts are reconciled, in balance, and that all escrow funds, accounts, checks, and disbursed funds are properly accounted for
Balance Sheet
Along with income statements, balance sheets provide the financial building locks needed by banks, investors, lenders, and vendors to understand how much credit they should extend to your business. With a glance you'll all understand the company's financial condition, allowing you to…
- Instantly know your business' financial strength and capabilities
- Identify and analyze trends, appreciating how aggressive you can be today...and tomorrow
- Recognize opportunities for growth and expansion...and take advantage of them
- Learn to better handle cash flow challenges
- Build strategies for increasing cash reserves
- Anticipate potential cash shortages
Maintaining a clean general ledger
Your business is a living thing, and the General Ledger is its beating heart. Every transaction flows through this ledger, and it needs to be kept clean and health with monthly checkups. Let Doctor Gerlach give your company its monthly examination to spot questions before they become problems.
The Bottom Line
The Gerlach team has a long track record developing strategies for both business and individual clients. Whether you’re starting a business or closing one…organizing your finances for a marriage or a divorce…you’ll find we understand the issues on the table and have the answers you need, both in- and out- of tax season.
Talk to us today about your most pressing fiscal issues. Make sure you understand what your financials are telling you about your business and personal financial health.