Business & Family Services
Our Business Services
When we analyze your business, you’ll get a new perspective, unbiased advice, and a clear vision for moving your business into the future. Our advisors don’t just hand out arbitrary advice; we show you how to execute a plan of action. We’ll help implement changes to your daily financial functions and accounting processes that will make a noticeable difference in productivity and your bottom line.
We understand that you want to keep more of your business profits, and that means tax planning and cash management must occur throughout the year.
Accounting
Businesses need a partner to provide accounting strategies and solutions they can rely on. McMill CPAs & Advisors provides day-to-day accounting, payroll and bookkeeping services as well as strategic analysis, advice, and support designed to help your business reach its goals.
CFO Services
Small and mid-sized businesses in growth mode depend on McMill CPAs & Advisors to provide the types of services provided by an in-house CFO or controller in larger organizations. We can provide the strategic guidance and support your business needs to stay on top of its finances in a cost-effective manner.
Payroll
When it comes to paying your employees, laws and the IRS have made the payroll function a complicated and time-consuming headache for the small business owner.
Get the Payroll Solution That Best Fits Your Needs.
We know that when it comes to payroll services – no one size fits all. Our goal is to tailor our services to fit your current needs. This allows you to only outsource the payroll functions you want us to do.
Why Outsource Your Payroll?
- It’s Cost Effective
- It’s a Time Saver
- Worry Free Payroll Tax Filing
- Confidentiality
- Allows You To Focus On Your Core Competencies
- Comprehensive Reports
Business Consulting
Businesses need to be competitive in their markets, need trusted business consultants who can help them identify opportunities, address challenges, create and increase efficiencies, and stimulate growth. McMill CPAs & Advisors provides unbiased, tailored advice to businesses across a range of industry lines. We work to understand where your business is today and where you want to go before proposing solutions designed to help you get there.
As business consultants, our goal is to empower your business by identifying and showing you how various decisions could impact your company’s future success. When you’re ready, we’ll also help you implement changes that can have meaningful and lasting impacts on your company’s bottom line.
Family & Individual Services
McMill CPAs & Advisors works with business owners and other high-net worth individuals and their families to provide personalized advice and services designed to help minimize taxes and meet financial goals.
Our CPAs and tax professionals provide individual tax services, retirement, succession and estate planning advice and solutions.
Tax Services for Individuals
Our services go beyond tax return preparation to encompass forward-looking, strategic planning designed to help you comply with changing tax laws and take advantage of tax strategies that will help you minimize the amount you pay in taxes, now and in the future.
Retirement Tax Planning for Individuals
We can help you make the most of your retirement planning by helping you implement tax-efficient strategies designed to help you reach your goals.
Estate and Succession Planning
We provide tax planning strategies designed to help clients pass more of their wealth to future generations, and to make that process as streamlined and as tax efficient as possible. We also help our clients realize their lifetime and legacy charitable giving goals, looking at their overall tax, financial, and estate goals.
Industries We Serve
For a range of clients in the healthcare sector, we can help in areas such as business structuring and strategy, payroll and specialist tax advice including capital allowances. The healthcare sector has unique and complex demands, and specialist medical accounting expertise is critical to effective advice. Our team provides a wide range of accounting services to the healthcare industry ranging from GP partnerships to consultants, salaried GP’s and hospital doctors.
Our accountants will ensure you are working from the appropriate tax code and are operating from the most appropriate legal entity. By helping your medical practice to identify inefficiencies we can offer improved cash generation, reduced tax burdens and advice on profit extraction.
Our services include:
- Annual Accounts Preparation
- Management Accounts Preparation
- Personal and Business Tax Return Preparation
- Practice Payroll Preparation
- Maintenance of Bookkeeping Systems
- Review of Deductible Expenses
- Business Plans
- Review of Business Structure
- Incorporation of Private Practices
- Advising on Practice Mergers
- Practice Development
- Succession Planning
- Retirement Planning
- Valuations
With McMill CPA & Advisors working with you in your medical practice, you can focus on patients and let us keep up with the numbers. We can help with your monthly reporting, quarterly and year-end payroll reporting, tax planning, succession planning, retirement planning, advice on selling your practice when it’s time to retire or move, medical practice consulting, business valuations, and general financial planning. McMill CPAs & Advisors currently provides all of these services for a wide variety of practice types and sizes.
We also offer a complete line of services for you individually. Tax planning, tax compliance, personal financial statements, and consulting are some of the ways we can help you keep your focus on your business.
Agricultural companies need to constantly innovate while keeping compliant and managing risk. In a volatile market of changing regulations, seasonal cash flow and unpredictable commodity prices, corporate leaders are leaning on McMill CPAs & Advisors for deep industry expertise.
No matter your need, count on McMill CPAs & Advisors to support you. Every operation is different, and each producer is unique. McMill CPAs & Advisors offers multiple levels of agricultural accounting services to ensure you have the on-demand, real-time information necessary for tax, lending, and management. McMill CPAs & Advisors accounting services for agricultural operations are available at several levels and can be customized to meet your specific needs. Services include payroll processing, balance sheets, reconciliation, and reporting. We’ll work with you to find the solution that’s right for your operation.
After-the-Fact Entry of Financial Data & Monthly Reporting
For those who want the confidence and convenience of having a dedicated agricultural accounting expert enter monthly transactions and prepare detailed, monthly financial reports. The program is designed to accommodate changing record-keeping needs and can be easily modified to reflect operational and other changes.
For decades, food and agribusiness companies nationwide and internationally have relied on McMill CPAs & Advisors to provide them with tailored solutions to their unique issues and challenges. Our clients include agricultural producers and processors, equipment and product manufacturers and distributors, grocery organizations and cooperatives.
These businesses look to us to understand the effects of tax laws, reduce costs, improve productivity and expand operations. We also lend a hand with technology solutions, succession planning, retirement planning, and mergers and acquisitions. Whether you’re looking to enhance cash flow or increase efficiency, McMill CPAs & Advisors can help.
McMill CPAs & Advisors supports some of the highest performing franchise businesses in the country. Our team of CPAs and industry professionals apply deep franchise experience and work as your strategic partner. McMill CPAs & Advisors are focused on your growth and success.
Franchise Business Consulting
McMill CPAs & Advisors will support your day-to-day financial operations with our expert bookkeeping services, and we can assist in giving you advice on the appropriate time to scale with reliable data. We help you realize the full potential of your franchise business by using our business consulting expertise.
McMill CPAs & Advisors help franchise owners understand the metrics of a healthy organization and make smart decisions based on those metrics. As your advisor, we look at your current position, goals and resources to outline steps for growth. And with a plan in place, we make sure performance measures track to strategy, so you can track your progress.
Taxes
Almost every financial decision you make has an impact on your taxes. Our advisors have a hands-on approach to assist you in year end taxes. We make sure you understand the complexities of your corporate structure and franchise tax requirements.
Payroll
McMill CPAs & Advisors provides comprehensive franchise payroll services to streamline compensation requirements. Payroll processing can be provided on a weekly, bi-weekly, semi-monthly or monthly basis. We customize and deliver reports based on your specific needs, and manage all payroll tax administration on your behalf.
- Payroll Checks or Direct Deposits
- Federal, State and Local Tax Payments
- Advice on Staying Current with DOL Regulations
- Quarterly and Annual Payroll Filings
- Payroll Record Integration with General Ledger for Accurate Profit/Loss Statements
- Annual Employee W-2 Preparation and Reporting
- 401K/Simple Plan Deductions
- Worker’s Compensation Calculations and Audit Support
- Child Support/Garnishment Withholding
- Client Access for Payroll Review and Approval
- Standard Payroll Reports
Pre-Purchase Review for a Franchise Business
An important part of your due diligence is to seek accounting advice. We have developed a unique and valuable approach to financial due diligence. It provides a structured review of the financial aspects of the franchise you are considering to buy.
In our experience, we have found that franchise buyers have many questions relating to the financial side of things. For instance:
- How much money will I make?
- When will I be able to repay the loan?
- What are the financial risks of buying the franchise?
Our Services Include:
- Comprehensive Financial Reporting
- Franchisee Compliance Tracking
- Customized Benchmarking Tools
- Individual and Roll-Up Custom Reporting
- Retirement Planning
Business Set-up
Once you’ve decided to purchase your franchise, you’ll need to establish your business structure and set up your accounting systems.
We follow a structured set-up process:
- Advise on the most appropriate business structure
- Establish the business structure
- Decide on an accounting system
McMill CPAs & Advisors presents a network of dedicated industry-specific experts in Audit, Tax and Advisory. Our mission is to help our clients receive value from operations, to develop a competitive advantage. Our ability to help convert information into insights, delivering clearly articulated and actionable business advice will enable our clients to increase value.
Challenges for retail and consumer product companies are many in today’s business environment as market forces have created an extremely difficult climate. Retailers struggle to control costs, increase sales, drive customer loyalty, and keep profit margins from shrinking. The blurring of traditional retail channels makes managing merchandising, forecasting and inventory a burden.
Retail businesses look to us to understand the effects of tax laws, reduce costs, improve productivity and expand operations. We also lend a hand with technology solutions, succession planning, and business evaluations. Whether you’re looking to enhance cash flow or increase efficiency, McMill CPAs & Advisors can help.
In today’s construction business environment, keeping a step ahead of the competition can mean the difference between securing or losing a project.
McMill CPAs & Advisors have the capability to understand the demands you face. Our experts can work with the owners and managers or architectural and engineering firms and construction companies to help you better understand your business and the issues affecting it.
The construction industry isn’t for the faint of heart. Labor shortages, stagnant productivity and new technology hurdles are just a few of the many challenges you face every day. Our goal is to help you streamline operations and maintain regulatory compliance, so you can take advantage of opportunities, grow the bottom line and prepare for what’s next.
Your trusted advisors bring extensive experience and employ innovative tools to drive improvements, including helping you develop a strategic technology plan, manage risk and do more with less. Our knowledgeable professionals work with construction companies, providing tailored insight on tax planning, financial management, financing, bonding, valuation, assurance and more.
McMill CPAs & Advisors has organized its services to provide proactive solutions to the issues faced by manufacturing companies, while working with our clients to identify the appropriate prioritization and sequencing of strategic projects.
Even as manufacturers and distributors experience renewed optimism, the market continues to grow more complex and competitive. That’s why manufacturing and distribution companies are relying on McMill CPAs & Advisors’ industry expertise for the support they need.
Whether you’re looking to manage costs and day-to-day core process challenges or explore capital planning options, our advisors can help. Our trusted advisors deliver tailored solutions to help you simplify your life and build on your success. We provide audit, assurance and tax services as well as guidance on mergers and acquisitions, business valuations, and succession planning. In addition, our big data and analytics benchmarking services provide valuable information to help businesses control costs and improve performance.
Our experience and resources can help you maintain compliance, stretch your dollar and plan for the future.
Buying, selling, refinancing and trading are daily activities that contribute to the real estate market’s ever-changing environment. These transactions require complex financial analyses, flawless timing and extensive knowledge of their governing regulations. That’s why real estate companies are turning to McMill CPAs & Advisors for the support they need.
Our trusted advisors work with real estate investors, commercial and residential developers, brokers, agencies and property owner associations. Whether you own one rental property, operate a real estate agency or manage vast commercial holdings in multiple states, our knowledgeable team has the expertise and experience to help you reach your goals.
We help real estate professionals with tax planning, cost segregation, financing, accounting outsourcing, operations improvement, technology solutions and a wealth of other services to position them for success.