Accounting Services in Michigan

At Griffin Accounting, we offer services to assist in assuring the strength of your financial records. From teaching strategies that work to assessing and advising current procedures, clients can benefit from our various accountancy and advisory services in Michigan and surrounding areas.

Whether just starting out or seasoned with experience, businesses depend on shrewd and solid financial information in order to become and remain profitable while being able to take advantage of available growth opportunities. Griffin Accounting can direct you toward your goals with support for your financial concerns and needs through correct and strong record-keeping and reporting.

A few of the services we offer are:

Personal Tax Returns

We recognize the importance of personal individualized service and taking exceptional care of individuals as well. Many accounting firms are more interested in seeking out individuals with higher wealth and commanding higher preparation fees, we pledge to provide all our clients the same great quality of care no matter your income level. While national chain tax preparers place more faith in their advertising to entice new clients, we provide excellent service that encourages personal referrals. At Griffin Accounting we prefer to provide quality tax preparations for everyone at affordable rates that are very competitive with both the chain tax preparers and CPA firms. In addition, as an Enrolled Agent, Terry is able to offer professional representation with the IRS or Department of Treasury should it be needed.

Business Tax Planning & Return Preparation

We realize you have a business to run and our goal is to make things as easy as possible for you to do so. Home based businesses, small businesses, large business and everything in between each need solid business plans. We have the knowledge and resources to help you find the answers to the questions you have as well as discover the questions you should be asking. We are happy to share our knowledge and resources with you while together we take the time needed to determine what plan suits your business best. Taking care of your business; that’s the business we’re in.

IRS Representation

As an enrolled agent, Terry Griffin is able to offer professional representation when the unthinkable happens and an audit is requested. Having experience with tax authorities allows us to guide you in the interactions with federal and state agencies and set aside many of your common worries. At both the state and federal levels, we are willing and prepared to answer the questions the IRS has.

QuickBooks Accounting Help & Assistance

Terry Griffin is a QuickBooks ProAdvisor. Ensuring the usefulness of the tools you have is important to the success of your business. Choosing the right product and having it properly installed and set up is equally important. We offer assistance in these areas as advisors making sure you know how to use your software effectively and efficiently. We realized you have a business to run and our goal is to make things as easy as possible for you to do so. Taking care of your business is our business.

accountants in Michigan US

Hosted QuickBooks Solution

Providing you with a desktop experience along with the collaborative nature of online.  Hosted on our servers you no longer have to worry about backing up your data or having to use USB drives to collaborate with your accountant.  We have up to the minute access to help with your questions or provide you with current accounting data and reports.

Training

We offer training for QuickBooks in individual one-on-one settings or as a group with several individuals. Options are available at our location or yours.

Installation

We can install QuickBooks on your computer.

Setup

Initial setup assistance including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports.

Already set up but not getting what you want out of it? Not sure how to improve your current setup? We can help with that too! We offer reviews of your setup to help facilitate a more fluid function.

Support

Our support extends beyond software by being able to offer payroll and accounting assistance in addition to installation, set up and operation.

Review

Reviews are helpful and can be done at any time. Monthly reviews provide feedback and allow you to gain valuable up-to-date information regarding your business. Many clients who have the resources to care for their own daily accounting and payroll tasks still need professional help when it comes to reviewing transactions, reports and accounts. These reviews provide an additional level of confidence while you receive relevant, reliable and up-to-date financial information. Advising where clarification, reclassification, adjustments or correction may be necessary to make certain your businesses accurate  financial conditions are known.

Financial Projections and Forecasts

From reports to models, we understand your needs may vary. Attempting to predict the future can be difficult. Through experience and research, we pay attention to current trends and updates in the market so we are able help with the projections necessary to allow you to be prepared for whatever the future holds.

Debt and Finance Advising

Even those who are able to meet their current monthly payments on debt may benefit from lower payments or interest and thus save money both now and in the long run. Reevaluating and balancing your debts can also result in tax deductions. Let us help you determine the options available for financing and debt management of both your personal and business needs.

Business valuation

Trying to figure out how much a business is worth? Griffin Accounting can help you identify the factors that help make or break the value, or potential value. This can become useful when factoring the perceived value and coming to compliance with planning for estates, buying or selling a business, dealing with divorce, family limited partnerships and/or ESOPs.

Mergers, Acquisitions & Sales

Growing or reducing a business is quite an endeavor. Often times circumstances are complicated. Whether you’re seeking to sell, looking to buy, or contemplating merging you may find yourself seeking advice. Griffin Accounting can assist in making the right decisions for your business in order to fairly structure and negotiate closing the deal. We exercise great care in the analysis and due diligence while identifying a fair asking price, the best tax structures, determining ebbs and flows of cash, as well as the tactics and functions compatible to the business.

Entity selection & Restructuring

Selecting the correct entity structure for the type of functions your business performs right from the start is an important facet to minimizing your tax and other liabilities. Developing your business from the beginning has been a dream of yours and you’ve worked hard to make it a reality, let us help you make sure your dreams don’t become headaches. We will guide you through the choices available to provide you with the most beneficial options. As your business develops and changes, we are here to help you restructure as well.

Audits, reviews & complications

Looking to increase efficiency? Maybe take advantage of marketplace changes, review accounting standards, keep up with ever changing tax laws, control costs, receive objective analysis or implement new procedures or technologies?

We want you to succeed! That’s how we succeed. We offer services to assist in assuring the strength of your financial records. From teaching strategies that work to assessing and advising current procedures, clients can benefit from the assurance and advisory services at Griffin Accounting.

The assurance needs of your company may vary. We offer the following levels of assurance:

Audits, Reviews and Compilation

Audits

We do not do audits at this time. This is the one service a certified public accountant performs which we do not, however we will gladly refer you to a local firm we trust and have confidence in.

Reviews

We are able to perform reviews. Reviews can ensure the integrity of your data and provide limited assurance to outside interest. They involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis.

Compilations

Compilations are usually requested for internal purposes. They are based upon information provided by a company’s management. They do not offer assurance but may involve some adjustment to accounting records. We offer compilation services.

Monthly, quarterly or annual bookkeeping

Day-to-day tasks of bookkeeping can be daunting. We can help keep you organized so you can focus on the heart of your business. We can care for monthly, quarterly or annual bookkeeping, preparation of general ledgers, financial statements and more.

Payroll Services

Through integrated payroll services, Griffin Accounting can help you minimize the amount of time you spend processing payments, preparing payroll, preparing tax returns and more.

Cash Flow and Budgeting analysis

Proper management of cash is imperative and can make or break a business of any size. Tracking uses and sources, forecasting future flows and budgeting accordingly are just a few of the ways to maintain advantageous cash flow levels. By being aware of that information companies can improve liquidity, increase profitability and reduce costs to ensure a continued success. Griffin Accounting can help assess your spending and balance or re-balance the budget for optimization of your cash flow.

Bookkeeping, General ledger & financial statement preparation

Day-to-day tasks of bookkeeping can be daunting. We can help keep you organized so you can focus on the heart of your business. We can care for monthly, quarterly or annual bookkeeping, preparation of general ledgers, financial statements and more.

Litigation support

Business or personal records can be perplexing when forensic accounting is needed. Particularly when left to sort through them while not certain what you’re looking for. Staff at Griffin Accounting have professional training in these areas and can ease the burden of situations such as business valuations, bankruptcies, financial investigations, dissolving businesses, divorce, or commercial litigation. Placing value on the potential economic loss and damages, analyzing financial records or investigating theft or fraud are just some of the ways we can help you get to the bottom and make sense of it all.

Assurance & Advisory services

Looking to increase efficiency? Maybe take advantage of marketplace changes, review accounting standards, keep up with ever changing tax laws, control costs, receive objective analysis or implement new procedures or technologies?

We want you to succeed! That’s how we succeed. We offer services to assist in assuring the strength of your financial records. From teaching strategies that work to assessing and advising current procedures, clients can benefit from the assurance and advisory services at Griffin Accounting.

The assurance needs of your company may vary. We offer the following levels of assurance:

Audits, Reviews and Compilation

Audits

We do not do audits at this time. This is the one service a certified public accountant performs which we do not, however we will gladly refer you to a local firm we trust and have confidence in.

Reviews

We are able to perform reviews. Reviews can ensure the integrity of your data and provide limited assurance to outside interest. They involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis.

Compilations

Compilations are usually requested for internal purposes. They are based upon information provided by a company’s management. They do not offer assurance but may involve some adjustment to accounting records. We offer compilation services.

Estate and Trust Planning & Tax Preparation

Having a well-thought-out plan to assist in carrying out your desires when it becomes necessary for your assets to be distributed is something everyone should consider. Navigating the shifting and complex tax laws to establish an effective estate and trust plan however, can be overwhelming. When done correctly planning can ease your beneficiaries in the process of transferring assets, minimize tax liability and ensure financial security for loved ones, smooth successions of ownership in businesses, and avoid additional complications for your loved ones during their time of loss. Griffin Accounting will handle your estate and trust planning with the utmost care.

Federal & State Income Tax Returns

In the world of the IRS and tax preparation, details matter. Confusing, challenging, complicated and time consuming are just some of the ways our clients described the process before turning to us. Attentively reviewing all areas of a business and seeking ways to maximize your returns are just a few of the ways we strive to make things as easy as possible for you. Griffin Accounting prepares tax returns (federal, all 50 states and even city) for individuals as well as businesses. As an Enrolled Agent, Terry is able to not only prepare but can also offer professional representation on all returns should it become needed.

Financial & Retirement Planning

When it comes to planning, Griffin Accounting can help get you to your goals. We can show you the way through the difficult decision-making process that comes with planning for life’s events such as college funds, retirement, pensions, profit sharing, 401(k), IRAs, estate or asset allocation, strategic investments or reviewing current investments, preparing for a business succession or purchasing insurance, preparing your taxes and more. A secure and peaceful financial retirement can take years to attain. Start planning now to arrive at your goals sooner and let us help you reach and preserve your financial independence. If you have a current portfolio or if you are looking to build one, Griffin Accounting helps prepare for the tax implications.

Business succession

Griffin Accounting can help you plan for the smooth succession of your business. Whether planning for your estate, watching your business grow, transferring your business, buying, selling, dissolving a business and more we’ve got you covered with the information you will need.

Tax Debt Resolution
(ie. Payment Plans, Innocent Spouse, Penalty Abatement, Offer in Compromise & more)

There are options available to taxpayers who owe. Some of those options include: payments plans, innocent spouse filing, penalty abatement, and making an offer in compromise. If you owe taxes we can help you determine what option may be best for you based on IRS guidelines and your circumstances.

Selection, installation, set up, training, support & implementation of accounting software

Terry Griffin is a QuickBooks ProAdvisor. Ensuring the usefulness of the tools you have is important to the success of your business. Choosing the right product and having it properly installed and set up is equally important. We offer assistance in these areas as advisors making sure you know how to use your software effectively and efficiently. We realized you have a business to run and our goal is to make things as easy as possible for you to do so. Taking care of your business is our business.

accounting firms in Michigan
 

Hosted QuickBooks Solution

Providing you with a desktop experience along with the collaborative nature of online.  Hosted on our servers you no longer have to worry about backing up your data or having to use USB drives to collaborate with your accountant.  We have up to the minute access to help with your questions or provide you with current accounting data and reports.

Training

We offer training for QuickBooks in individual one-on-one settings or as a group with several individuals. Options are available at our location or yours.

Installation

We can install QuickBooks on your computer.

Setup

Initial setup assistance including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports.

Already set up but not getting what you want out of it? Not sure how to improve your current setup? We can help with that too! We offer reviews of your setup to help facilitate a more fluid function.

Support

Our support extends beyond software by being able to offer payroll and accounting assistance in addition to installation, set up and operation.

Review

Reviews are helpful and can be done at any time. Monthly reviews provide feedback and allow you to gain valuable up-to-date information regarding your business. Many clients who have the resources to care for their own daily accounting and payroll tasks still need professional help when it comes to reviewing transactions, reports and accounts. These reviews provide an additional level of confidence while you receive relevant, reliable and up-to-date financial information. Advising where clarification, reclassification, adjustments or correction may be necessary to make certain your businesses accurate  financial conditions are known.