Accounting

Our clients benefit from a number of our accounting services. From small businesses to individuals, our accounting professionals assist clients with a variety of services including account reconciliation, check services, record keeping, monthly and quarterly financial statements, financial controls, accounting systems, forensic accounting and accounting software.

Auditing

More now than ever a business needs trusted business advisors to serve as their auditors. At HA&W we make a commitment to our audit clients, and their stakeholders to help identify business risks, offer advice for improving controls, evaluate accounting issues, and assess the quality of information our clients and their stakeholders are using to make business decisions. As a trusted advisor, we help our clients achieve their business goals and improve their performance. Our audit teams examine and attest to our clients’ financial statements following the highest professional standards. HA&W is a member of the SEC practice of the AICPA.

Audit and Tax Integration

HA&W is recognized as one of the leading accounting firms in the country in the integration of technology within its audit and tax practices. We use an accounting/audit software package called CASEWARE, and all our workpapers are electronic and integrated with our tax software. This software allows us to download the general ledger data, or selected portions of it, for further analysis. Once the trial balance has been imported from your accounting software, we can generate a preliminary draft to efficiently plan procedures.

Tax

In addition to preparing corporate, partnership and individual tax returns, we provide consulting services to reduce your total liability. Our tax professionals keep on top of all the planning opportunities on the federal, state and local levels. We provide proactive tax advice appropriate to the tax situation of each client - whether business or individual. We'll help you minimize your liabilities in coming years through careful planning, review previous returns for possible refunds, and keep you up-to-date on changes in the tax regulations that may affect you or your business.

International Tax

International business is no longer a choice but a necessity for many companies in order to remain competitive. Although technology has made communication easier, business and tax issues have become more complex. HA&W can help overcome the obstacles so you can realize the opportunities of international business.

HA&W is an independent member of Baker Tilly International, a network of high quality, independent accounting and business services firms. Its present membership includes 107 firms operating from over 400 offices in 58 countries. The combination of our professionals and Baker Tilly affiliates provides us with the resources to address international issues anywhere around the globe.

In addition to performing international audits and reviews, the members of Baker Tilly continuously attend international tax conferences, have published several international tax articles, and have held seminars on international tax and accounting issues. Our clients need innovative approaches and we work to deliver comprehensive business strategies to meet their global business goals and objectives.

Areas of expertise include:

• In-Bound and Out-Bound Services
• Foreign-Owned Businesses Operating in the U.S.
• U.S.-Owned Businesses Operating Abroad
• Exporting
• U.S. Incentives Abroad
• Nonresident Aliens
• Immigration
• Expatriate
• Mergers and Acquisitions
• Accounting
• Audit
• Personal Financial Services
• Tax Planning and Consulting

In-Bound and Out-Bound Services
We advise our clients on tax issues relating to their operations, whether foreign-owned U.S. businesses or U.S.-owned businesses operating abroad. Our knowledgeable professionals assist businesses to properly structure international transactions to make it advantageous from the tax standpoint.

Foreign-Owned Businesses Operating in the U.S.
Foreign-owned businesses operating in the U.S. have certain compliance requirements including required reporting of transactions to the IRS and the Department of Commerce. We prepare these and all other necessary tax reporting forms as required. One of the most important issues to businesses interacting globally is transfer pricing. We spend considerable time with our clients advising them on current IRS pricing issues. Additionally, we review the options of operating as a subsidiary or as a branch of a foreign-owned business, including all short- and long-term business tax issues.

U.S.-Owned Businesses Operating Abroad
An important issue to businesses headquartered in the U.S. is foreign tax credit utilization and deferral income. We review with our clients the need to incorporate when expanding into foreign markets. In many cases, we introduce our clients to both our associates in Baker Tilly International and legal counsel outside the U.S. Advising on Controlled Foreign Corporation (CFC) status is an ongoing activity with clients expanding overseas. There are many changing tax issues relating to CFCs, ranging from change in deferral of income to reporting requirements.

As businesses begin operating in a global environment, questions arise regarding the need to withhold U.S. taxes on payments. We work closely with our clients advising them on what type of payments and agreements requiring to withholding U.S. income taxes.

Exporting
The U.S. has many export incentives ranging from borrowing export funds to the tax incentives of forming a Foreign Sales Corporation (FSC). We advise and assist clients in maximizing their profits by reviewing options and alternatives in debt structures that enhance exporters’ businesses. We also analyze exporters' profits in order to determine the advantages of forming an FSC outside the U.S.

U.S. Incentives Abroad
Since the U.S. taxes resident individuals on their worldwide income and estates, it is important to properly plan foreign investments so they do not have a negative tax impact. It is important to not only review the U.S. tax consequences, but worldwide taxes as well.

Nonresident Employees
Our services for nonresident employees include tax planning and return preparation as well as due diligence with respect to their U.S. assets and investments. We advise our clients on both income and estate tax issues as well as investments which, if not properly structured, could be subject to high U.S. estate taxes.

Immigration
Prior to immigrating to the U.S., there are many tax issues that a person needs to recognize. Many persons with substantial income or assets outside the U.S. need to consider tax planning in order to reduce possible double taxation. We work closely with U.S. immigration attorneys and offshore counsel to properly advise our clients moving to the U.S.

Expatriate
American companies with employees working abroad must consider how to structure payroll tax policies to achieve maximum benefit for the company and its expatriate employees. We can suggest the most advantageous way to compensate expatriate employees. In addition, we assist expatriates with ways to maximize foreign earned income exclusion.

Estate, Trust & Gift Taxes

Habif, Arogeti & Wynne, LLP focuses on personal finance planning, estate planning and related areas. This team of professionals includes individuals with backgrounds in accounting, law, taxation, insurance, investments, and financial and estate planning. We have the ability to evaluate individual business financial situations and assist you in planning for the future.

We provide the following services:

• Personal Financial Planning
• Investment Plan Design
• Estate and Gift Transfer Planning, including Analysis of Wills
• Executive Compensation Planning
• Charitable Planning
• Retirement Plan Distribution Analysis
• Elder Care and Benefits Planning
• Business Transition Planning
• Merger and Acquisition Consulting
• Insurance Needs Planning and Policy Analysis
• Income Tax Planning and Compliance