Stefforia, Petik & Carlson, CPAs provides a comprehensive range of services, including the following primary areas (click on each to learn more):
Financial Statement Preparation
CPAs, as most trusted business advisors, are experts in financial accounting. Our firm provides financial statement preparation services to both for-profit and non-profit entities.
A clear financial accounting picture of your business can help you secure bank loans, support business decisions, monitor results, and show the progress of your business over time.
We deliver critical information our clients rely on to guide their businesses. They find timely and accurate financial statements key to success.
Contact UsClient Accounting Services
Our clients own coffee shops, salons, retail stores, restaurants, health care practices, commercial and residential real estate rentals, and many other businesses, from gigs to large-scale operations.
We provide a full suite of business accounting services, including general ledger maintenance, bank reconciliations, payroll, financial statement preparation and business sales tax and property tax returns.
Accounting software makes most of the day-to-day bookkeeping operations relatively easy to perform. We can help you determine which products would work best for you and help you through the installation and setup processes.
Continuing advice, support, and training for you and your staff at critical stages throughout the year are always available.
Contact UsIncome Tax Planning And Compliance
Comprehensive income tax planning and compliance services for individuals, corporations, partnerships, estates and trusts and non-profits is our specialty.
Let us help you with year-round tax strategies, estimated tax planning, deduction and credit optimization, and compliance with federal, state and local tax requirements.
Corporate and Partnership Income Tax Returns (Forms 1120, 1120S, 1065) – Tax preparation for C-Corporations (Form 1120), S-Corporations (Form 1120S), partnerships and LLCs (Form 1065).
Individual Tax (Form 1040) – Tax preparation for individuals (Form 1040) and ongoing consulting and planning advice throughout the year.
Estate and Trusts (Form 1041)– Tax preparation for estates and trusts (Form 1041).
Non-Profit Returns (Form 990) – Return preparation (Form 990) and operational advice and consulting for non-profit organizations.
Contact UsBusiness Strategy Services
Business owners are visionaries. They’re always looking for what’s new, what’s next, and how to grow. We offer consulting services that can help you build for success.
We provide business income tax planning and operational advice so you can improve your business’ performance.
Starting a business? Selecting the right structure for your business is key. Whether it’s a C-corporation, S-corporation, partnership or LLC we can help you decide.
Selling or buying a business? Preparing for succession, expanding or cashing out, let us be your guide through these very dynamic processes.
Contact UsHelpful Articles
Tax credits and deductions for education
The costs for continuing education can add up quickly and get expensive. There are several tax benefits such as credits and deductions that can help eligible taxpayers reduce these costs. A tax credit reduces the…
Actions taxpayers should take if they missed April filing and payment deadline
Taxpayers who missed the April 15 filing deadline should submit their federal tax return as soon as possible. Those who missed the deadline to file and owe taxes should file as soon as possible to…
Michigan Treasury Responds to Notice Errors, Advises on Refund Checks
The Michgan Association of CPAs is aware of an issue involving Michigan Department of Treasury (Treasury) notices indicating that certain 2025 estimated payments were not applied to taxpayers’ annual returns, despite confirmation that payments had…
Is that activity just a hobby or a business?
Many people have hobbies – things they enjoy doing in their spare time – and some even make a little extra money from them. However, there’s a difference between a hobby and a business, especially…
Myth-busting federal tax refunds
Many taxpayers file their federal tax returns and then eagerly anticipate details about their refund. The best way to check the status of a refund is through the Where’s My Refund? tool, the IRS2Go app, or by signing…
When and how to amend a tax return
Taxpayers who discover an error after filing a federal tax return may need to file an amended return. There are some instances where an amended return isn’t required such as when the IRS corrects errors…
ABLE savings accounts and other tax benefits for persons with disabilities
People with disabilities and their families can use Achieving a Better Life Experience accounts to help pay for qualified disability-related expenses. ABLE accounts are savings accounts that don’t affect eligibility for government assistance programs. Here are some key…
Types of major life events and how they can affect filing
There are several kinds of major life events that can affect a taxpayer’s filing requirements, tax benefits and withholding. It could be marriage, welcoming a new child, divorce, or loss of a loved one- all…
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Contact Stefforia, Petik & Carlson for Client Accounting Services today!