Stefforia, Petik & Carlson, CPAs provides a comprehensive range of services, including the following primary areas (click on each to learn more):
Accounting Services and Quickbooks
We provide full business accounting services, including general ledger maintenance, bank reconciliations, payroll, financial statement preparation and business sales tax and property tax returns.
QuickBooks accounting software makes most of the day-to-day bookkeeping operations relatively easy to perform.
We can help you determine which of the QuickBooks products would work best for you. We are available to help you through the installation and setup processes.
We will continue to advise, support, and train you or your staff at critical stages throughout the year.
We can review your bookkeeping on a regular basis to ensure your accounts are accurate.
Contact UsEstate Tax Planning Services
We can guide you through the complex process of transferring your assets to your beneficiaries while reducing or eliminating the taxes due on these transfers.
We also offer complete income tax preparation including estate, trust and gift tax returns.
Management Consulting Services
We offer many other services that can help you meet your business needs.
We provide business income tax planning and operational advice to highlight the how and why of improving your business’ performance.
Starting a business? We can help you select the right structure for your business. We look at the pros and cons of C-corporations, S-corporations, partnerships or LLCs.
We help you complete the necessary start-up documents.
Selling or buying a business? We can guide you through the process. Our staff has more than 20 years of experience providing professional advice to businesses and individuals.
Contact UsReview, Compilation and Preparation
All of our clients rely on the critical information about their businesses they find in timely and accurate financial statements.
A clear financial picture of your business can help secure loans, support business decisions, monitor results, and show the progress of your business over time.
We provide financial statement review attest services to both for-profit and not- for-profit entities.
Should your business need compilation or preparation of financial statements we provide those services as well.
Contact UsTax Planning and Preparation
We offer complete income tax return preparation services including federal, state and local returns for individuals, corporations, partnerships, estates and trusts and not-for-profits.
Our goal is to minimize your tax liabilities by effective planning and knowledge of the latest government regulations.
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).
We will make sure you are taking full advantage of all the tax benefits available to your business.
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.
During the year, you can meet with us at any time to plan how you can reduce your income taxes AND to make sure you take full advantage tax saving tips.
Contact UsHelpful Articles
IRS to phase out paper tax refund checks starting with individual taxpayers
The Internal Revenue Service, working with the U.S. Department of the Treasury, today announced that paper tax refund checks for individual taxpayers will be phased out beginning on Sept. 30, 2025, as required by Executive Order…
Michigan taxpayers impacted by severe storms, tornadoes and flooding qualify for tax relief; various deadlines postponed to June 17, 2024
The Internal Revenue Service announced tax relief for individuals and businesses in parts of Michigan affected by severe storms, tornadoes and flooding that began on Aug. 24, 2023. These taxpayers now have until June 17,…
Taxpayers should review the 401(k) and IRA limit increases for 2023
The amount individuals can contribute to their 401(k) plans in 2023 will increase to $22,500 — up from $20,500 for 2022. The income ranges for determining eligibility to make deductible contributions to traditional IRAs, contribute…
Installing solar panels or making other home improvements may qualify taxpayers for home energy credits
Homeowners who make improvements like replacing old doors and windows, installing solar panels or upgrading a hot water heater may qualify for home energy tax credits. They should know what these credits can do for…
Taxpayers should be sure to have all their info before going to a tax pro
Taxpayers using a professional tax preparer should make sure they have all their information readily available before their appointment. Collecting their information and getting copies of any missing documents before taxpayers sit down to prepare…
Good recordkeeping year-round helps taxpayers avoid tax time frustration
Wading through a pile of statements, receipts and other financial documents when it’s time to prepare a tax return can be frustrating for people who haven’t managed their records. By knowing what they need to…
Tips for taxpayers who need to file a new W-4
All taxpayers should review their withholding annually. They can use the IRS Tax Withholding Estimator to check and make sure they’re not having too little or too much federal tax withheld. This tool offers workers, retirees and…
Seven Steps for Making Identity Protection Part of Your Routine
The theft of your identity, especially personal information such as your name, Social Security number, address and children’s names, can be traumatic and frustrating. In this online era, it’s important to always be on guard….
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Contact Stefforia, Petik & Carlson for Accounting Services and Quickbooks today!