Director, Audit & Accounting
Professional Services Industry Group Leader
Accounting, tax, and advisory services for professional services firms
Professional services firms have been a core client group at Kreischer Miller since the inception of the firm. We understand the nuances of professional services organizations and we work with clients in a number of industries within the field, including architects, engineers, attorneys, dentists, physicians, allied health professionals, consultants, and marketing specialists. We help our clients identify ways to maximize current income and accumulate reserves for future professional and personal needs.
We will help you understand your operating margins through benchmarking to industry statistics and through an analysis of your operations. We can also consult with you on compensation strategies. We assist service companies in ownership transitions and succession planning. Additionally, our Tax Strategies group is integral to assessing the consequences of all aspects of business and personal tax transactions for professional services firms, including federal, state, and local tax implications.
Specialty Services for Professional Services Firms
- Budgeting and profit margin analyses
- Operations benchmarking and industry metric comparisons
- Entity structure
- Ownership transition/succession planning
- Wealth transfer
- Overhead (FAR) rate audits
View the slides from our recent Architecture/Engineering Industry Seminar: