Firm Services:
Haynes Strand and Company PLLC offers individuals and businesses a variety of services personalized to fit specific needs. Our services include:
Accounting and Auditing Services are the backbone of Haynes Strand and Company. Clients and third party users rely on our reputation for efficient and accurate service. These services can be summarized as follows:
- Audits
- Reviews
- Compilations
Auditing is an attest function to insure that a client’s financial statements properly reflect its condition as of the audit date. We examine financial records and procedures and perform other tests required by generally accepted auditing standards. When we issue an audit opinion, our professional reputation is at stake, so our client and interested third parties can rely on the high quality of our work.
A review applies inquiry and analytical procedures to client-provided data. It provides limited assurance that a client’s financial statements reflect its condition as of the review date. It is designed to see whether the financial statements appear reasonable without applying audit tests to the client’s data.
A compilation is a financial statement presentation of client-provided data. It is a professional look without the performance of any audit or review procedures.
We perform audits for several nonprofit organizations of various sizes. We offer 38 years of experience in this area and currently meet all CPE requirements.
Chris Bunting, James Cobbler, Jeff Gordon or Johnny Wood can answer your questions regarding Accounting and Auditing services!
Bookkeeping, Payroll and Outsource Accounting
The following is a partial list of bookkeeping services available from Haynes Strand and Company:
- Record Journals
- Post General Ledger
- Reconcile Bank Statements
- Post Earnings Records
- Prepare Payroll Tax Returns and W-2's
- 1099 Reporting Requirements
- Compiled Financial Statements:
- Monthly
- Quarterly
- Annually
- Accounts Payable
- Payroll
- Problem Resolution with Reporting Entities
Lori Key or Jeff Gordon can answer your questions regarding Bookkeeping, Payroll and Outsource Accounting services!
Over the years, our clients have increasingly depended on our business and management advice. Our continuous involvement with a large number of businesses in a variety of industries enables us to maintain an intimate knowledge of a broad range of business activities. Our partners and staff have the experience necessary to serve these clients in many business areas including the following:
- Accounting Systems
- Business Valuations
- Computer Systems
- Software Evaluation
- Executive Compensation Plans
- Financial Controls
- General Business Planning
Our firm offers a variety of assistance with purchasing computer systems. We help our clients find the right computer system for their needs by analyzing system requirements, software and backup needs, and printer specifications. If necessary, after the system is purchased, on site training is provided by our staff to help clients become more familiar with their new computer system. Follow up support is also available for any future questions or issues that might arise.
We also offer support for established systems. Whenever a client has a technical question regarding hardware or software, our staff is available to help.
We help our clients choose an accounting package that is right for them. Each individual client’s needs are studied in detail and a software package is recommended that will fit their specifications. Our staff can help install the software and provide support for that package by providing software training. Follow up support is also provided for any questions or issues that might arise.
James Cobbler, Jeff Gordon or Johnny Wood can answer your questions regarding Business Consulting services!
Estate planning is the process of setting up financial matters in order to protect and provide for a persons family and/or other beneficiaries in the event of disability or death. An estate plan is an excellent tool that can greatly reduce economic hardship and significantly assist in managing an individual's asset base.
We provide assistance in developing and coordinating a strategy to transfer the clients' property to desired beneficiaries in a way that fulfills the clients' goals and objectives. We utilize a systematic approach encompassing the following steps:
- Setting Goals
- Gathering Data
- Developing the Plan
- Communicating the Results
- Implementation and Periodic Monitoring
Depending on the clients' profile, we select techniques that best accomplish the clients' goals and objectives.
Possible goals for an estate plan include:
- Reduce or eliminate federal estate tax
- Reduce or eliminate state inheritance and/or estate tax and probate costs
- Reduce or eliminate subsequent income tax
- Provide for a surviving spouse and/or children
- Provide a bequest for charity
- Provide for business succession
- Provide liquidity for the estate
Haynes Strand and Company is committed to helping guide you through the estate planning process. Each individual has unique goals and objectives, and our CPAs are dedicated to helping you achieve those goals in every way possible.
Sam Gentry, John Haynes, Jerry Schultheiss or Johnny Wood can answer your questions regarding Estate Planning services!
We will compile, apply agreed-upon procedures, or examine prospective financial statements for an entity. An entity can be an individual, partnership, corporation, trust, estate, association, or governmental unit. The prospective financial statements may be a financial forecast or a financial projection.
A financial forecast is based on the responsible party's assumptions reflecting conditions it expects to exist and the course of action it expects to take. A financial projection is based on the responsible party's assumptions reflecting conditions it expects would exist and the course of action it expects would be taken, given one or more hypothetical assumptions. Such hypothetical assumptions might be an addition to a manufacturing facility or purchase of an expensive piece of equipment.
Courtney Ageon, Chris Bunting or Chad Stafford can answer your questions regarding Forecasts and Projection services!
Pension and Profit Sharing Plan Administration
Haynes Strand and Company PLLC's retirement plan consulting services greatly assist clients in designing and implementing a comprehensive retirement program. Our services also help clients administer their retirement plan(s) in compliance with IRS and Department of Labor requirements. These services include the following:
- Plan Selection and Implementation
- Employee Benefit Plan Audit Services
- Plan Participant Allocations
- Plan Accounting and Bookkeeping
Chris Bunting or Johnny Wood can answer your questions regarding Pension and Profit Sharing Plan Administration services!
We provide assistance in planning for such future financial needs as college, vacations, retirement, health care, etc. We utilize automated financial planning software and risk-based techniques to assist our clients in preparing for these and other future financial needs.
Sam Gentry, John Haynes or Johnny Wood can answer your questions regarding Personal Financial Planning services!
At Haynes Strand and Company, we utilize state of the art research data and techniques and automated tax return planning software to assist our clients in minimizing their current tax bill. In conjunction with tax preparation, financial planning, and estate planning, we assist our clients throughout their lives in minimizing taxes and preserving assets for current and future financial needs.
- Individuals
- C Corporations
- S Corporations
- Partnerships
- Limited Liability Companies
- Limited Liability Partnerships
- Trusts
- Estates
Courtney Ageon, Sam Gentry, Jeff Gordon or Chad Stafford can answer your questions regarding Tax Planning services!
Haynes Strand and Company prepares income tax and related information returns for the following types of entities:
- Individuals
- C Corporations
- S Corporations
- Partnerships
- Limited Liability Companies
- Limited Liability Partnerships
- Employee Benefit Plans
- Trusts
- Estates
In addition to preparing annual returns, we are available to answer clients' questions throughout the year as tax related matters arise. We are also available to provide related services in the areas of tax planning, financial planning, and estate planning.
Courtney Ageon, Sam Gentry, Chad Stafford or Johnny Wood can answer your questions regarding Tax Preparation services!