SMALL BUSINESS
SOLUTIONS

Entity Selection Assistance

If you are opening a brand new business or expanding an established business, you might be unsure of what type of business entity to go with. Witzig CPA can provide you advice on what entity is best for your company and the tax laws related to each entity. Whether you are contemplating incorporating, forming a partnership or establishing an LLC, we can provide you the advice you need to plan your business’s financial future.

Small Business Tax Credit

Witzig CPA can assist in helping you obtain the following small business tax credits:

Employee Retention (ERC)
Credit for Increasing Research Activities (R&D)
Small Business Health Insurance
Employer Social Security and Medicare taxes Paid on Certain Employee Tips
Small Employer Pension Plan Startup Costs and Auto-Enrollment
New Markets Credit

General Business Consulting

The financial components of any business can be tough to navigate. That’s why having a CPA on your team can help you know what to expect and have sound planning in place. Witzig CPA offers general business consulting to help your business be successful.

Financial Projections

Financial projections can help you peer into the future and make important, proactive decisions. A financial projection often has the previous years’ income reflected in balance sheets and income statements. The next step of the projection is forecasting what a business's financial future will be, typically for the next 3-5 years. Reports that are produced from this include income statements, balance sheets, budgets, and statement of cash flows. Witzig CPA has a background in financial analysis and a thorough knowledge of the tax code, resulting in a winning combination for this purpose.

Quarterly or Annual Reporting

Witzig CPA has a background in preparing income tax basis and GAAP basis financials, and can make certain recommendations to help your reports fall in line with either method. We can assemble your quarterly or annual financials, as well. We do not, however, provide audit, review or compilation services or offer any level of assurance in regards to an opinion of the financial statements.