Industries

Real Estate and Construction

LLG Helps Real Estate and Construction Companies Adjust to New Realities“We don’t want to slide by. There is no question about being in- or out-of-bounds. With Lipschultz, Levin and Gray I know I am always in-bounds.” Paul Chuma, Meridian Design Build

LLG’s accounting, tax and consulting services help clients who are contractors, subcontractors, developers and brokers adjust to the new realities of the market. With margins under pressure, LLG is finding new ways to help clients control costs, improve their bid processes, and manage risk.

“We don’t sit back and let the grass grow,” says Principal Sander Berman, who is also a licensed real estate broker. “We are proactive with our clients. We get on the phone and call them on a regular basis. When tax pronouncements come out, we apply them to our clients’ business.”

Why go it alone when you can be supported by experts who know the challenges you face? LLG has helped many real estate and construction companies:

• Maximize tax savings for improved cash flow
• Improve your balance sheet to help you secure financing
• Provide assurances to potential investors and insurers
• Implement a new accounting system to provide you a clearer view of your business

Accounting and Attestation Services

• Business Audits
• Review and Compilation Services
• Financial Forecasts, Cash Flow and Budgeting
• Outsourced Accounting and Bookkeeping Services
• Benefit Plan Audits

Tax Services

• Federal Tax Planning and Preparation
• Multi-State and Local Tax Planning and Preparation
• Tax Authority Representation
• Tax Research
• Tax Credits and Incentives

Consulting Services

• Accounting Software Implementation
• Business Entity Selection
• Litigation Support
• Mergers and Acquisitions Due Diligence
• Succession Planning
• Executive Recruitment
• Investment Review

Are you looking for new ways to control costs?

Start the conversation.

Professional Practice

Trust LLG to Help Grow Your Business
Professional Service firms come in all shapes and sizes but all face similar challenges in the areas of pricing, profitability and ownership transition. LLG provides accounting, tax and consulting services to medium to large-size privately held law firms, physician practices, insurance brokerages, IT consulting, architectural and engineering firms to name a few. “If a client has an issue, it becomes our issue,” says Sander Berman, an LLG Principal. “We are not just providing professional services, we go one step beyond.” The team works with clients to develop best practices, growth strategies, and to minimize federal, state, and local taxes. Through its consulting services, LLG has helped professional service firms investigate alternative pricing strategies to maximize revenue and profits. Types of Professional Practice Firms We Serve:

• Law Firms
• Architectural and Engineering
• Insurance Brokerage
• Software Development
• Medical and Dental

Accounting and Attestation Services

• Business Audits
• Review and Compilation Services
• Financial Forecasts, Cash Flow and Budgeting
• Outsourced Accounting and Bookkeeping Services
• Employee Benefit Plan Audits

Tax Services

• Federal Tax Planning and Preparation
• Multi-State and Local Tax Planning and Preparation
• Tax Authority Representation
• Tax Research
• Tax Credits and Incentives

Consulting Services

• Accounting Software Implementation
• Business Entity Selection
• Litigation Support
• Mergers and Acquisitions Due Diligence
• Succession Planning
• Executive Recruitment
• Investment Review
• Litigation Support

 Would a different method of pricing increase your bottom line?  Start the conversation.

Benefit Plans

LLG Provides Assurance to Employee Benefit Plan Providers

LLG serves as an independent auditor to many employee benefit plans, providing plan owners with assurance that they have met their fiduciary responsibilities. Federal law requires employee benefit plans with 100 or more participants to hire an independent qualified public accountant to conduct a quality audit in accordance with the Employee Retirement Income Security Act of 1974 (ERISA) and U.S. Department of Labor (DOL) requirements.

Plans audited include pension, profit sharing and 401(K) plans.

LLG is an Experienced Benefit Plan Auditor
LLG is a member of the AICPA Benefit Plan Audit Quality Center, which requires that LLG remains current with industry best practices, guidelines and tools for CPAs to perform quality benefit plan audits.

In addition to conducting audits, LLG consults with plan owners on current plan features, plan document design and implementation, compliance testing and preparation of tax filings. If corrections are required, LLG can provide assistance in dealing with Internal Revenue Service and Department of Labor Audit and Correction Program.

“Trustees need auditors who are up-to-date with legislative requirements and out in front of future mandates that could affect funding, investments and administration,” says Anton Hendler, LLG partner. “Our auditors make it their business to know what’s possibly coming down the road.”

Request a free quote on our employee benefit plan services.

Start the conversation.

Family Office

Manage family finances with the focus of a business
A family office is a private company that manages investments and trusts for high net worth families. The company’s capital is theirs, sometimes accumulated over generations. It is a way to transfer established wealth across generations. The function of the family office is to invest the family’s money, manage the family’s assets, and disburse payments to family members as required. Setting up a family office is a convenient and effective way for busy people to manage their personal financial matters. LLG understands the unique challenges and demands of family offices and the solutions they require. Services offered through family office include the following.

Accounting and Attestation Services

• Accounting Services
• Financial Forecasts, Cash Flow and Budgeting
• Outsourced Accounting and Bookkeeping

Tax Services

• Federal Tax Planning and Preparation
• Multi-State and Local Tax Planning and Preparation
• Tax Authority Representation
• Tax Research
• Tax Credits and Incentives

Consulting Services

• Accounting Software Implementation
• Litigation Support
• Executive Recruitment
• Investment Review

Non Profit Organizations

Serving Non Profits Since 1944
Best practice accounting methods enable non-profit (NP) organizations to accurately predict cash flows, raise money for projects, determine purchase priorities and monitor staff levels. NPs can effectively expand their organization and maintain that expansion with good accounting advice. Often referred to as 501(c)(3), many nonprofit organizations receive more in donations and other revenues than they pay out in expenses. Customized financial reports can show the organization’s monetary transactions and net worth. Significant summary reports are the balance sheet and income statement. The tax rules for nonprofit organizations vary from state to state. We can provide advice on compliance and electronic-filing with the IRS. Many, but not all forms are accepted electronically. We can also assess your internal control risk LLG’s long history of working with nonprofits includes serving the following types of organizations:

•  Associations
•  Private Foundations
•  Charitable Organizations
•  Churches and Synagogues
•  Educational Organizations

We offer the following services for those in the non-profit industry.

Accounting and Attestation Services

• Non Profit Reviews and Audits
• Employee Benefit Plan Audits
• Outsourced Accounting and Bookkeeping Services

Tax Services

• Federal Tax Planning and Preparation
• Multi-State and Local Tax Planning and Preparation
• Tax Authority Representation
• Tax Research

Consulting Services

• Accounting Software Implementation
• Litigation Support
• Executive Recruitment
• Investment Review

Are you using best practices to manage your non-profit financial records?  Start the conversation. 

Technology Industry

Keeping Pace with Change
Technology firms need to respond quickly to market forces. What happened last year may no longer be relevant. LLG provides accounting, tax and consulting services to a wide array of technology companies including software developers and IT service firms. Tax planning is important throughout the year. We combine service, knowledge, timeliness, business awareness, common sense, trust and integrity to a focused tax plan.

Accounting and Attestation Services

• Business Audits
• Review and Compilation Services
• Financial Forecasts, Cash Flow and Budgeting
• Outsourced Accounting and Bookkeeping Services
• Employee Benefit Plan Audits

Tax Services

• Federal Tax Planning and Preparation
• Multi-State and Local Tax Planning and Preparation
• Tax Authority Representation
• Tax Research
• Tax Credits and Incentives

Consulting Services

• Accounting Software Implementation
• Business Entity Selection
• Litigation Support
• Mergers and Acquisitions Due Diligence
• Succession Planning
• Executive Recruitment
• Investment Review

Do you have a tax plan for your technology company? Start the conversation.

International Operations

Ready, Reliable Help to Grow Globally
With the world economy now effectively a single market, many domestic and foreign mid-size and large privately held firms are looking to expand globally. LLG services are supported by a large network of qualified accountants and business professionals around the world via our membership in the Eide Bailly alliance. Entities with international operations or aspirations to grow globally get the attentive accounting and tax expertise they need to succeed. “LLG’s global view helps business owners pursue a vision beyond borders. Many of our team have lived and worked abroad and the perspectives they have gained help us serve our clients,” says Bill Finestone, managing partner. LLG’s  team of international tax advisors is your go-to resource for information on global tax laws. Understanding foreign tax laws bolsters your odds against unfavorable tax liabilities. We can help ensure that your international transactions are in compliance with the IRS. LLG can help you consider your foreign tax filing and payment requirements. The Internal Revenue Service (IRS) has developed several tax and information forms for U.S. companies operating overseas. Failure to file these forms may result in significant penalties. Our team of international accounting specialists will work with you and your staff to ensure compliance with all IRS regulations. (Note: Member firms of the Eide Bailly Alliance are separate and distinct legal entities that cannot obligate each other. Each member firm is responsible only for its own acts and omissions, and not those of any other party).

Accounting and Attestation Services

• Business Audits
• Review and Compilation Services
• Financial Forecasts, Cash Flow and Budgeting
• Outsourced Accounting and Bookkeeping Services
• Employee Benefit Plan Audits

Tax Services

• Federal Tax Planning and Preparation
• Multi-State and Local Tax Planning and Preparation
• Tax Authority Representation
• Tax Research
• Tax Credits and Incentives

Consulting Services

• Accounting Software Implementation
• Business Entity Selection
• Litigation Support
• Mergers and Acquisitions Due Diligence
• Succession Planning
• Executive Recruitment
• Investment Review

Are you prepared to grow globally? Start the conversation.