Working with Professional Services Companies

Argy serves the needs of professional services entities – architectural, engineering, staffing and law firms – with great expertise and experience. Argy has numerous professional services clients in each of these segments and has established a solid reputation for great service. We understand the unique aspects of professional service firms because it’s our business too.

Argy begins with the establishment of a solid foundation upon which to build. In the world of accounting and tax, this means the proper choice of entity (corporation, partnership, LLC, etc.) and the optimal method of accounting for both financial statements and tax (which is principally the use of the cash basis for professional service companies). From the ground up, Argy has the tools necessary to add additional levels to the client's well-built financial framework in an increasingly complex environment.

The following highlights the key services offered to professional service firms:

• Audits, reviews and compilations of financial statements
• Preparation of corporate, partnership and executives' tax returns
• Tax planning for business, as well as key executives
• Accounting system design and review
• Job costing assistance
• Business plans/projections
• Incentive compensation and stock option plans
• Resolution of sales & use tax issues
• Joint venture structuring and accounting
• Selection and implementation of optimum tax accounting methods
• Business succession planning
• Mergers & Acquisition (M&A) consulting as both a buyer and a seller

Our in-depth expertise has helped our professional service clients succeed in many ways. . . from obtaining a bank loan with most favorable terms, to running their businesses in a more cost effective manner, to enhancing cash flow because of the tax savings realized. And, when we help our professional service firm clients obtain top dollar from our advice provided regarding M&A transactions, their gratitude provides us with added satisfaction.