Hammerman, Graf, Hughes & Company, Inc. provides a wide range of services to individuals and businesses in a variety of industries. 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 Management Services
At Hammerman, Graf, Hughes & Company, Inc., 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 your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.
Audits and Reviews
Hammerman, Graf, Hughes & Company, Inc.'s financial statement services comprise two 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.
Government Contract Accounting Services
Our team of professionals can assist with the complex requirements of the industry, specifically in the following areas:
- Accounting system selection and implementation
- Pre-award survey support
- Cost Accounting Standards compliance
- Internal control design and implementation
Employee Benefit Plan Auditing and Reporting Compliance Services
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for pension plans in private industry. ERISA requires that organizations who establish plans meet certain minimum reporting and oversight standards. Among other requirements, all plans with over 100 participants are required to have an audit as part of their obligation to file the annual Form 5500.
Hammerman, Graf, Hughes & Co. is an independent qualified CPA firm with experience in areas unique to employee benefit plan audits. These areas include benefit plan practices and operations as well as standards and rules that apply to such plans. As specialized business consultants, Hammerman, Graf, Hughes & Co. can also provide suggestions for plan operations and internal control.
Hammerman, Graf, Hughes & Company, Inc.'s payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.
Financial and Retirement Planning
Hammerman, Graf, Hughes & Company, Inc.'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, Hammerman, Graf, Hughes & Company, Inc. 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.
The range of needs for valuing businesses continues to widen, and Hammerman, Graf, Hughes & Company, Inc. can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are so many factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.