Kenneth A. Peworchik, CPAs
SERVICES

Kenneth A. Peworchik, CPA's provides a wide range of services to individuals and businesses in a variety of industries. We strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:

  • Tax Management Services
  • Accounting Services
  • Assurance and Advisory Services
  • Reviews and Compilation
  • Estate and Trust Planning and Tax Preparation
  • Retirement Planning
  • IRS Representation
  • Bookkeeping/Write-up
  • Entity Selection and Restructuring
  • Accounting Software Selection, Implementation, and Support
  • Quickbooks Pro Advisors
  • Payroll Services
  • Cash Flow and Budgeting Analysis
  • Debt and Finance Advising

Tax Management Services

At Kenneth A. Peworchik, CPA's, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.

Accounting Services

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Kenneth A. Peworchik, CPA's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Employee benefit and profit-sharing plan advising
- Corporate tax planning and return preparation

Assurance and Advisory Services

At Kenneth A. Peworchik, CPA's, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law.

These services include but are not limited to:
- Reviews and compilations
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Debt and finances advising
- Business succession

Reviews and Compilation

Kenneth A. Peworchik, CPA's financial statement services comprise multiple levels of assurance depending on your company's needs.
- Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis.
- Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.

Estate and Trust Planning and Tax Preparation

Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Kenneth A. Peworchik, CPA's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries in a team format with your attorney, stock broker and insurance agent.

Retirement Planning

Kenneth A. Peworchik, CPA's goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Kenneth A. Peworchik, CPA's can ensure that your portfolio will take into account tax implications for an advantageous after-tax return.

IRS Representation

Professional representation can be vital during a Federal or State audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies.

Bookkeeping/Write-up

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Kenneth A. Peworchik, CPA's can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.

Entity Selection and Restructuring

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Kenneth A. Peworchik, CPA's can advise you on choosing an entity type and later restructuring if advantageous.

Accounting Software Selection, Implementation, and Support

Choosing and implementing a new accounting software system can be a challenging undertaking. Kenneth A. Peworchik, CPA's experience with various packages currently on the market as well as awareness of new products allow us to aid you in choosing and implementing a system that will suit your company's needs. Training and support will ensure minimal disruption of your everyday business processes.

Quickbooks Pro Advisors

Kenneth A. Peworchik and Megan L. McGurgan are certified Quickbooks Pro advisors and have over 18 years of experience with Quickbooks, so we can assist you with all of your Quickbooks needs: from ordering and installing the software, to company file setup, to year-end work and troubleshooting.

Payroll Services

Kenneth A. Peworchik, CPA's payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.

Cash Flow and Budgeting Analysis

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Kenneth A. Peworchik, CPA's can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly.

Debt and Finance Advising

Whether your needs are corporate or personal, Kenneth A. Peworchik, CPA's professionals can assist you in sorting out the different options available for debt management and financing that will result in optimal tax implications.