The firm offers a wide range of auditing, accounting, tax, and management advisory services to individuals and businesses, including corporations, limited liability companies, partnerships, estates and trusts.
Our success results from an emphasis on client services, our flexibility and ability to listen to our clients' needs and goals, and our commitment to providing personal service and producing the highest quality work. We are more than accountants, we are deeply involved in our clients' businesses by making suggestions to help them become more successful. We strive to fulfill the clients' needs and expectations as well as achieve a thorough understanding of their businesses, clients and employees.
Our staff consists of highly qualified Certified Public Accountants performing certified audits on various industries such as:
- Charter Schools
- Construction
- Manufacturing
- Wholesale and Retail
- HUD
- Medical Entities
These audits can be performed annually as well as specialty audits for specific purposes. The firm is a member of the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA) and has successfully participated in the PCPS peer review program for twelve years. All partners, as well as professional staff, are members of the AICPA as well as the Arizona Society of Certified Public Accountants.
The firm specializes in financial statement audits and consulting services for clients who participate in U.S. Department of Housing and Urban Development (HUD) programs.
During the past six years, our firm has established a great reputation as the #2 HUD auditor in Arizona, conducting audits in accordance with HUD Handbook 2000.04 REV-1, Consolidated Audit Guide for Audits of HUD Programs, provided consulting services to HUD and the San Francisco Housing Authority (SFHA), and advised clients on how to respond to inquires from HUD.
Therefore, if you are a multifamily project owner, a mortgage banker participating in HUD's Title I and/or Title II program(s), or a public housing authority, please email us your questions or comments to kwk@kwkcpa.com
In addition to the audit services, the firm provides extensive compilation and review services to meet the needs of its business and individual clients.
These reports are prepared on an "as needed" basis: monthly, quarterly, semi-annually, or annually. The reports are used extensively by business management in planning and operating the business.
The firm's staff offers our clientele accounting and bookkeeping services by providing fast, accurate and timely reports on a monthly basis. This has proven to be cost effective for many clients as an alternative to an in-house accounting staff.
Payroll services can be provided for clients having either one employee or several hundred. In addition, advice and consultation on various employee pension and benefit plans is available.
Individuals A large portion of the firm's practice consists of preparation and planning for individual tax returns. Each return is prepared using the most comprehensive and current tax software available and is thoroughly reviewed to take advantage of all tax planning techniques. In addition to preparation, the firm also handles all audits and Internal Revenue Service correspondence.
Corporations
In the past half century, corporate tax planning has produced significant tax savings to the overall operation of a business. Therefore, the firm stresses continued communication throughout the year to take advantage of all avenues of tax savings. In particular, we suggest a pre-year-end tax planning conference to insure all objectives are attained. Additionally, all phases of corporate planning are included: C-corporations, S-corporations and limited liability companies. The firm provides a full range of services including planning for incorporation, acquisitions, liquidations, mergers and reorganizations.
Partnerships
The firm has been successful on many occasions using partnerships as a vehicle for obtaining needed tax benefits. These partnerships may range from few to several hundred partners and include both general and limited partnerships.
Trusts
Use of various trusts has become increasingly popular over the past several years in meeting the planning objectives of many individuals. These trusts have been used in a variety of ways to protect assets and to insure ultimate disposition of acquired wealth.
Estates
Estates and gift tax planning have become an important concern of many of our clients. Our partners and staff strive to help our clientele reach their goals and objectives by use of the latest techniques available. It is our desire that our clients know how they want their assets used as well as who shall have use of them. Lifetime gifts, as well as charitable giving, are among the strategies considered in reducing the estate burden.We offer a unique combination of expert knowledge and sensitivity as your financial consultant. The best estate planning results from efforts of a team of professionals that includes your attorney, accountant, investment advisor and family members.