Hunter and Renfro provides a wide range of services to individuals and businesses in a variety of industries. At Hunter and Renfro, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Our professional services include:
- Tax Prepartion Services
- Assurance and Advisory Services
- Estate and Trust Planning and Tax Preparation
- Litigation Support and Forensic Accounting
- Family Law
- QuickBooks Accounting Help and Assistance
- Foreclosure/Short-sale Planning
- Mergers, Acquisitions, and Sales
- International Taxation
Tax Prepartion Services
At Hunter & Renfro, LLP, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to meet your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities found in the tax laws. We can assist with corporation, partnership, limited liability company, trust, fiduciary, estate & individual income, sales & use property taxes.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Hunter and Renfro's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation
- Litigation support
Assurance and Advisory Services
At Hunter and Renfro, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.
These services include but are not limited to:
- Audits, reviews, and compilations
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Business valuations
- Financial projections and forecasts
- Debt and finances advising
- Mergers and acquisitions
- Transaction structuring and negotiations
- Business succession
Audits, Reviews, and Compilation
Hunter and Renfro's financial statement services comprise all three levels of assurance depending on your company's needs.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Hunter and Renfro's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well-thought-out plan as to how to distribute the assets left in one's estate so as to avoid complications and to be sure that the individual’s wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.
Financial and Retirement Planning
Hunter and Renfro's goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Hunter and Renfro can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.
Litigation Support and Forensic Accounting
Hunter and Renfro litigation support and forensic accounting services can be employed in a wide range of situations, including commercial litigation, financial investigations, business valuations, business and marital dissolutions, and bankruptcies. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. Financial and personal records are often vast and confusing to sort through. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.
Professional representation can be vital during and audit or government inquiry. Our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit or inquiry the professional representation you can find with our firm can ease many of your worries. We are able to act on your behalf and assist the agency in resolving their dispute with you.
Family Law is often perceived as pertaining mainly to divorce and child custody matters. However, this is only part of the picture. In addition to working through the divorce process, we also offer expertise in areas such as forensic examinations, asset tracing, asset valuations, business valuations, buy-sell arrangements and the sale of the family business. Our team has experience and expertise to assist clients in working through the divorce process.
We are also a proponent of alternative dispute resolution proceedings, such as mediation and arbitration. These mechanisms enable parties to resolve their problems in a private setting, away from the emotional trauma and anxiety often present in a courtroom. This often results in significantly less costs to the parties in working through the process. At Hunter & Renfro, LLP, we provide family law litigation support services to attorneys and their clients. We understand that each client’s case is unique and important, and demands a complete review of all the issues involved. We do not believe in the ‘cookie cutter’ approach to divorce situations. Our clients deserve and receive the personal service and attention they need, at what might be the most difficult point in their life.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Hunter and Renfro can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
QuickBooks Accounting Help and Assistance
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.
Hunter and Renfro offers the following solutions to help meet your QuickBooks needs:
We train you personally! Either one-on-one or several individuals within your organization at your company's location.
We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.
We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.
Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.
Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
Cash Flow, Budgeting Analysis and Projections
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Hunter and Renfro can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
Underwater homes have become more common in recent years. The question is how does a homeowner deal with debt balances larger than a homes value and what are the tax consequences of doing so? Is there a difference in treatment between a personal residence and a rental? Our professionals are trained and experienced in dealing with this issue and can provide you with options that fit your needs. We can evaluate the tax consequences of options and give you pin-point instruction on how to file your tax returns when working through a foreclosure, short-sale or loan modification.
The range of needs for valuations continues to widen, and Hunter & Renfro, LLP can provide in-depth analysis to assist and prepare valuations. We can identify and analyze the factors that drive the value of your company or one in which you have an interest or assist in valuing an asset. Our firm has a dedicated team of professionals with extensive training and experience in the valuation process. Uses for this service included estate planning and compliance, gifting purposes, buying and selling businesses, mergers and acquisitions, divorce matters, family limited partnerships, shareholder/partner disputes, buy/sell agreements, economic damages, and ESOP’s. There are many factors that contribute to the perceived value of a business and our expert help can help you evaluate the complexities and reach a valuation conclusion.
Mergers, Acquisitions, and Sales
Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Hunter and Renfro can provide professional know-how to help you successfully structure and negotiate the deal. Hunter and Renfro employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.
Debt and Finance Advising
Whether your needs are corporate or personal, Hunter and Renfro's professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.
Our experience with the taxation of United States companies doing business abroad and residents working abroad as well as foreign corporations doing business in the United States or foreign citizens working in the United States has provided us with an extensive base of knowledge in the area of international taxation.