Business Accounting Services
Business owners require information that is not only timely but also highly relevant and insightful in order to make well-informed and effective decisions that ultimately drive their companies forward with confidence. Hill & Schultz’s client accounting services practice is dedicated to assisting clients by offering the option to outsource a wide and diverse range of accounting needs, ensuring flexibility and expertise.
Our comprehensive suite of services covers an extensive spectrum of financial, accounting, and advisory-related offerings, all thoughtfully designed to support your business in a thorough and strategic manner. Our vision for accounting services extends well beyond traditional accounting support; we are committed to delivering exceptional value to our clients while cultivating a deeper, trusted advisor relationship built on transparency and mutual growth.
Additionally, Hill & Schultz’s innovative subscription-based model empowers you to select the service package that best suits your specific business requirements, granting you the freedom to strategically invest in the ongoing, dynamic relationship with our firm based on your priorities and objectives.
Our extensive range of services includes:
Business tax returns
Payroll and payroll tax filings
Business tax planning
Business entity structuring and advice
Exit strategies and planning
Hill & Schultz provides comprehensive, full-service support meticulously tailored to meet the diverse tax preparation needs of both individuals and businesses. Our expertise extends beyond the standard filing process, incorporating proactive, year-round tax planning as well as advanced, sophisticated strategies designed to reduce your income tax liabilities effectively. What truly sets our firm apart is our distinctive subscription-based billing model, thoughtfully developed to alleviate the typical stresses associated with tax season. This innovative approach grants you consistent, uninterrupted access to your dedicated, trusted tax advisor throughout the entire year. By fostering this ongoing partnership, we help ensure that you avoid any unexpected issues or unwelcome surprises when April 15th finally arrives, providing you with invaluable peace of mind at every stage of the tax cycle.
Our wide array of services includes:
Detailed tax preparation and strategic planning
Charitable giving planning to maximize your philanthropic impact
Optimizing overall tax efficiency tailored to your unique circumstances
Rental property reporting and specialized tax planning guidance
Sole proprietor tax planning focused on Schedule C reporting
Accurate estimated tax calculation and timely filing
Handling complex multi-state tax returns with precision and expertise
Tax and Advisory Services
Trust and Estate Taxation
When a loved one passes away, the experience can be both overwhelming and confusing as you attempt to navigate the intricate process of settling their estate. Our team is here to help simplify and demystify this often complex journey, providing clear guidance every step of the way.
We also offer expert advice on the various tax implications related to the estate, ensuring you are fully informed and compliant. We work with your trust and estate attorney and financial advisor to put the pieces together so that you can to settle the estate in the most tax efficient manner.
Our expertise includes, but is not limited to the following:
Preparation and filing of trust and estate income tax returns.
Estate tax returns for taxable estates, and estate tax returns related to the portability of the deceased spouse’s unused estate exclusion (DSUE).
Additionally, we handle charitable trust tax returns and provide comprehensive estate planning services.
We also offer strategic tax planning tailored for trust and estate beneficiaries, as well as professional trustee services to manage the estate efficiently and effectively.
Business and Estate Valuation
Knowing precisely how much your business is worth provides invaluable insight and empowers you to strategically plan for a prosperous future. A comprehensive and strong understanding of your business's value is absolutely crucial, whether you are exploring innovative ways to grow and expand your business or identifying the key opportunities and potential risks that you need to be acutely aware of.
At Hill & Schultz P.C., we are credentialed and trusted business valuation professionals, fully prepared to meticulously evaluate your business, expertly assist you with complex mergers and acquisitions, thoughtfully plan for seamless succession, and ultimately create an accurate, reliable valuation for your current enterprise.
Our valuation services encompass a broad range of critical areas including ensuring tax compliance, conducting thorough buyer’s due diligence, handling gifts, estate tax planning, buy/sell agreement structuring, shareholder buyouts, determination of indicated value, and comprehensive exit planning strategies.
We hold certifications in business and estate valuation, an essential qualification if you maintain a taxable estate or need to know the value of your small business.