Services

MNC has extensive experience in working with closely held businesses.  The firm provides a broad scope of financial and consulting services.  Our clients range from small sole proprietorships to companies with several hundred employees and multiple locations.  We serve manufacturers, distributors, wholesalers, restaurants, service companies, insurance companies, construction contractors, nonprofit organizations, and equine racing enterprises, among many others.

The common denominator with the majority of our clients is that MNC becomes a trusted advisor to the business owner.  The tax and financial planning of the business is so closely linked with the personal financial goals of the business owner that the  services provided to each enhances the effectiveness of the services we provide to both.  Our goal is to maximize the financial resources of the owner and the owner’s business.

We Tailor our Services to Your Needs

We design an approach that addresses all the specifics of your situation.  In addition to providing individual and business income tax preparation services, we provide professional services in other specialty fields.  Our many specialties include:

• Financial Statement Compilations
• Financial Statement Reviews
• Financial Statement Audits
• Financial Statement Forecasts
• Taxation Strategies
• Payroll Processing and Bill Paying Services
• Valuation Services
• Forensic and Fraud Examination Services
• Employee Benefit Reviews
• Transition Planning
• Mergers and Acquisitions
• Compliance and Internal Control Consulting
• 401(k) and Retirement Plan Audits

 

SERVICES FOR INDIVIDUALS

Montgomery Niemeyer & Co. LLP provides answers to the financial concerns of individuals within a solid framework of accumulated knowledge.  The scope of our services normally begins with tax preparation and planning, but often extends into long-term financial planning. 

INCOME TAX PREPARATION:

The firm prepares each individual and trust income tax return with the objective of minimizing income taxes and educating our client on reporting income and deductions.  We also work with our clients in defense of claims made by tax agencies.

FINANCIAL CONSULTANTS

We advise our clients on the development of a financial plan focused on their individual objectives.  Our financial plan and modeling tool is designed to act as a comprehensive guide for investment decisions.  Alliances with broker dealers enable us to place our clients into virtually any investment product.  We can assist you with rolling over a 401(k), establishing an IRA.

WE TAYLOR OUR SERVICES TO YOUR NEEDS:  

We design an approach that addresses all the specifics of your situation. Our many specialties include:

Tax Planning and Preparation
Portfolio Review and Management
Trust and Estate Planning
Education Savings Plans
Long Term Care Consulting
Eldercare Bill Paying and Management
Real Estate Exchange Advice

Are you considering starting a new business? The following table could help you address the question; “What business form should I elect?” The following is some basic information on some of the most commonly used business entity forms. Our Tax Professionals can help you identify the option that best suits your needs. You can contact us at (626) 932-0100.

Montgomery Niemeyer Financial Advisors is affiliated with Montgomery Niemeyer & Co. LLP and has been providing financial services since 1999. We bring a unique approach melding more than 60 years of tax and personal financial planning experience with young minds focused in the field of financial advisory services. Our desire to help our clients pursue financial independence and achieve their goals sets our service apart.

We provide personalized wealth planning. In developing a successful working relationship, we can help you to achieve your goals. Working together is essential to effective financial planning. To this end, we both need to make your financial strategies a priority. We will work to develop mutual trust, respect, and understanding.

At Montgomery Niemeyer Financial Advisors our commitment is to build long term relationships with our clients and not simply transactions.  For additional information, visit our web site at http://www.mnfinancialadvisors.com/.

If you answered YES to any of these questions, MNC payroll & HR services could be the solution to your needs.

Payroll & HR Services
Click here for Payroll Relief AC

Montgomery Niemeyer & Co. LLP can provide payroll solutions to meet your needs, whether a small business or large corporation.  MNC understands that your payroll is extremely important and our staff of payroll professionals will provide a service that is accurate and timely.  MNC will keep you informed of all law changes and any other information related to your human resource and payroll situation.
Montgomery Niemeyer & Co. LLP can offer you the following payroll and human resource solutions:

• Prepare and process payroll checks
• Process payroll tax deposits electronically – EFPTS
• Prepare Quarterly and Annual Payroll returns
• Prepare Forms W-2 and 1099 at year-end
• Government reporting compliance – i.e. OSHA, EEO-1, 1-9
• Ensure COBRA and HIPAA compliance
• Track training requirements to maintain employee certifications
• Set-up training classes, schedule attendance and manage class rosters
• Benefit Plan enrollment and monitoring of progress
• Comparison of various benefit election options
• Prepare a customized Personnel Policy Manual
• Prepare performance evaluation worksheets
• Accrue and track time-off plans for employees, such as vacation, sick, personal leave, etc.
• Track leaves of absences covered by FMLA
• Comprehensive reporting options
• Employee Benefit Statement

 Top of Page

Bookkeeping Services

Montgomery Niemeyer and Co. LLP has a bookkeeping staff that can provide your company with the following services:

• Accounts Payable—Bill process and manual checks
• Bank Reconciliations—Prepare at month end
• Accounts Receivable—Prepare billings and record deposits

Our staff is trained on a variety of accounting software, however: the most common are QuickBooks or MAS 90.Â
Top of Page

Group Medical

Health care is a major concern for any individual no matter how old he or she may be. A company that provides a health care plan to their employees is providing an invaluable benefit.

Montgomery Niemeyer Financial Services has partnered with a Group Medical Specialist to provide Group Medical Insurance. Working with our Group Medical Specialist does not cost the employer anything and can make a world of difference between creating and servicing a viable plan that meets your needs and one that does not cost too much for what you get. We are highly skilled in understanding your business needs and then providing affordable solutions and alternatives. We are very service orientated by actively handling claims, annual renewals and looking for new solutions and ways to keep your costs consistent each year. Our overall goal is to provide value for your Group Medical Insurance Plan.
Top of Page

401(k) Plan

Q: Do you understand the fiduciary liability laws as they relate to 401(k) employer sponsors?

Q: Are you providing your employees adequate investment choices, or could your choices result in liability?

Montgomery Niemeyer Financial Services comprehensive 401(k) Plan Services include:

• Plan design tailored to meet the goals of the plan
• Implementation to get the plan into place
• Ongoing monitoring of the plan and the investment options
• Employee Education and Communication
• Recordkeeping and Administration

A successful retirement plan requires professional guidance from a Financial Advisor. Our value added services benefit both the employer as well as the employee.

We help the employer understand their fiduciary liability as the plan sponsor and help create an investment policy statement. The Investment Policy Statement is a legal document describing the long-term objectives of the Company Retirement Plan. The purpose of the Investment Policy Statement is to protect the employer (i.e. plan sponsor) from their liability as a fiduciary to the Company Retirement Plan. It is only effective if it is adhered to, continually reviewed and updated for changes. We provide the employee with investment education and guidance as to the best way to allocate their plan given their tolerance for risk. A Company Retirement Plan is a benefit to the employees and must be properly serviced to be a successful benefit.

When value counts and when clear, concise, and supportable valuation services are needed, MNC provides the highest quality work product.  Our valuation reports provide attorneys, accountants, and business owners with the highest level of expertise and credibility.

Whether the purpose of the valuation is for estate, gift, or income tax reporting purposes; defending and supporting value for clients before the IRS; or assisting attorneys in litigation matters, our knowledge and hands on, real world experience provides persuasive reasoning that supports our conclusions as to value.

We Can Value:
Ownership interests in family limited partnerships and family limited liability companies
Real estate ownership interests
Private operating companies and related ownership interests
Interests in entities owning marketable securities
Private notes and loans receivable
Convertible debt and equity
Intangible assets including patents, royalties, claims, etc.

Types of Ownership Interests Valued:
Limited and General Partnership
Managing and Non-Managing Member
Common and Preferred Stock
Tenants in Common, Joint Tenants, and Tenants by the Entirety interests in real estate

Why We Value:
Gift and estate tax reporting and planning
Litigation support
Matrimonial litigation
ESOP reporting
Shareholder/partner agreements and disputes
Financial and income tax reporting.
Mergers and acquisitions
ASC 805/350 (Intangible Valuation and Goodwill Impairment)
SBA financing

Financial Forensic Services
Financial, accounting and general business records form the factual background of all commercial litigation. But the amount of information available in even small-scale cases is extensive, often confusing, and generally irrelevant. We sift through the mounds of technical information and extract the key facts. We isolate the significant pieces and examine the ways in which they fit together – to reveal the meaning within the information.

 

Certified Fraud Examination Services
Most fraud occurs within private companies and nonprofit organizations:

Two thirds of all frauds take place at companies with fewer than 1,000 employees. Small businesses, those with less than 100 employees, account for almost 46 percent of fraud cases. The median loss for these organizations is approximately 6 percent of gross revenues; for small companies this is approximately $98,000 per incident.

Our professionals can assist you in detecting and deferring various types of fraud, including:

Asset Misappropriation
Skimming or Cash Larceny
Billing Schemes
Payroll and Expense Schemes
Check Tampering
Inventory and Other Assets

Fraudulent Reporting
Fictitious Revenues
Concealed Liabilities
Timinig Differences
Improper Asset Valuation
Tax Issues

Don’t be another statistic! Traditional audits are not designed to detect all instances of fraud. This can allow fraud to go undetected, perhaps for years.

Montgomery Niemeyer & Co. LLP has the ability to assist you with fraud matters related to asset misappropriation or fraudulent reporting. We have profession-als on staff who are both Certified Public Accountants and Certified Fraud Examin-ers. These professionals are specially trained to resolve allegations of fraud and to help your organization deter fraud.

Our services include:
 Evaluating your existing accounting control systems
 Developing and implementing new accounting control systems
 Performing fraud examinations
 Conducting employee and business background checks
 Providing fraud awareness training and consultation

Whether you are a private company, a nonprofit organization, an attorney, bank or insurance company, we can provide you with the professional services you need when confronted with the issue of fraud.

At MNC, we are committed to achieving the highest quality audit possible. We understand the complexity of performing employee benefit plan audits and that is why we have a dedicated team of auditors that possess the specialized knowledge and experience to help ensure compliance with the appropriate standards and changes in regulations that may impact your firm’ s employee benefit plan audit.

We have over ten years of experience in performing employee benefit plan audits.  We plan and execute our audits in a way that maximizes audit efficiency and quality and we offer your plan administrator and human resources personnel confidence in their plan reporting and management. 

Our Quality Commitment
As a member of the American Institute of CPAs Employee Benefit Plan Audit Quality Center, we are committed to adhering to the highest quality standards by voluntarily agreeing to the Center’s membership requirements which include designating a partner responsible for our employee benefit plan audit practice, establishing quality control programs, performing annual internal inspection procedures, and making our peer review report findings publicly available.

At MNC, our goal is to continue to enhance our quality initiatives within our employee benefit plan audit practice to deliver the highest quality audit services possible.

Employee Benefit Plan Audit Services
Our employee benefit plan audit services include:

• Defined contribution and 401(k) plans subject to the Employee Retirement Income Security Act (ERISA) under the regulatory authority of the U.S. Department of Labor (DOL).
• Consulting services related to employee benefit plans.

 

Staff Expertise
Our team of employee benefit plan auditor specialists stays current in this highly technical practice area by attending various continuing education programs.  Our Employee Benefit Plan Audit Practice Leader, Joann Sanderson, also consults with small business owners regarding maximizing benefits.  She has experience in 401(k) plan administration as well.

For more information about our employee benefit plan audit services, contact Joann Sanderson at joann@monie.com.

For more information about audit quality, visit the Employee Benefit Plan Audit Quality Center at http://www.aicpa.org/EBPAQC.