At Brooks, McGinnis & Company, LLC, we provide a full range of audit and assurance services to nonprofit organizations and small and medium-size businesses. Our audit engagements go beyond providing a report on your financial statements. Each engagement provides us an opportunity to learn more about your organization and provide feedback that helps you strengthen internal controls, improve operating efficiency, and reduce expenses.
At nonprofit organizations, audit and other assurance services may be required by creditors, grantors, or donors or may be needed for corporate governance. Private businesses may be required to have an audit or other assurance service by investors, lenders, or creditors. We work with each of our clients to determine the service that best suits their needs.
We provide the following Audit and Other Assurance Services:
Financial Statement Audits, Reviews, and Compilations
Employee Benefit Plan Audits
Internal Control Audits and Attestation
We are members of the American Institute of Certified Public Accountants Audit Quality Center for Governmental Audits. This membership allows us exclusive access to resources solely for governmental audits. As a member firm, we must meet specific practice management requirements in training, quality control, and self-monitoring.
Brooks, McGinnis & Company, LLC offers a full range of tax services for businesses, individuals, as well as nonprofit organizations.
We are much more than just your tax preparer. At Brooks, McGinnis & Company, LLC, we go outside the tax scope of the typical accounting firm to help you develop a long-term tax plan that will keep you and/or your business financially healthy. Our professionals are experts in tax law, consistently staying apprised of new mandates and changes to make sure clients receive the proper deductions and accurate, sound, financial advice. We pledge to provide you with timely support and relevant advice throughout the preparation process, as well as work all year to keep current on tax laws to minimize your tax liabilities and maximize your future opportunities.
We provide the following Business Tax Services:
Tax Planning Services
C-Corporation & S-Corporation Taxes
Tax Return Preparation
Advice during business startup, including selection of appropriate legal form
We provide the following Individual Tax Services:
Tax Return Preparation
High Income & High Net Worth Tax Preparation
Estate & Gift Planning & Preparation
Estimated Tax Payments
Individual Tax Credits and Incentives
We provide the following Nonprofit Organization Tax Services:
Form 1023 & 1024 Preparation
Form 990, 990-EZ, 990-T and 990-N Preparation
Form 5500 Preparation
Assisting with multi-organizational structures
Consulting on required IRS reporting
Advisory services related to issues unique to nonprofits, including unrelated business income, ministers compensation, and other areas
Giving You Peace of Mind That Your Plan is in Compliance
Administering employee benefit plans presents numerous challenges for human resource managers and plan administrators who must stay abreast of a changing business environment and evolving requirements. Adding to the human resource manager’s burden are the time and resources that must be devoted to plan audits in order to meet federal compliance requirements which are complex. Keeping up with changing regulations posed by the United States Department of Labor and the Internal Revenue Service is challenging and requires specialization and commitment from a CPA firm.
Brooks, McGinnis & Company, LLC has a dedicated staff that can help organizations balance these essential priorities quickly and effectively. Drawing from years of collective expertise, our partners and staff understand the complexities associated with all aspects of comprehensive employee benefit plans and have significant experience satisfying plan compliance, disclosure, and reporting requirements. We know the fiduciary responsibility you hold as plan sponsors. With a quality audit, trustees have assurance that they are receiving reliable financial information and are complying with their fiduciary responsibilities.
Delivering a full range of specialized audit services to both employers and plan administrators, our employee benefit team can provide comprehensive or targeted audit consulting services. We offer practical solutions to continually evolving regulatory obligations, specifically including matters involving the Department of Labor. We can also provide consultation and guidance on the enhancement of operational controls, procedures, administration and coordination of employee benefit plans.
We provide the following Employee Benefit Plan Services:
401(k) Plan Full and Limited-Scope Audits
403(b) Plan Full and Limited-Scope Audits
Defined Benefit Pension Plans
Retirement Benefit Audit Services
Money Purchase Pension Plans
457 (b)/(f) Plans
Employee Stock Ownership Plans (ESOP)
HR Operational Improvements
Preparation of Form 5500 Filings
Review of Employee Benefit Plans for 80 to 120 Participant Rule Requirements
Compliance with ERISA, HIPAA, COBRA, Department of Labor, and the Internal Revenue Service
As members of the American Institute of Certified Public Accountants’ (AICPA) Employee Benefit Plan Audit Quality Care Center, our specialists adhere to the highest standards of audit quality and control. This membership allows us exclusive access to resources solely for employee benefit plan audits. As a member firm, we must meet specific practice management requirements in training, quality control, and self-monitoring.
Brooks, McGinnis & Company, LLC offers a wide range of accounting and bookkeeping services to small and medium-sized businesses and nonprofits.
We take the time to get to know your organization in order to develop a thorough understanding of the nuances and problems you may face. With an in-depth analysis of your accounting processes, we can gain insight to enable us to make suggestions for potential improvements.
We will act as a natural extension of your organization, seamlessly integrating into your operations and giving you the highest level of service from a trusted source.
We provide the following Accounting and Bookkeeping Services:
Financial Statement Preparation
Year-end Reporting, Including Preparation of Form 1099's
Brooks, McGinnis & Company, LLC offers a host of consulting and advisory services to help you make decisions, become more efficient, and give you a clearer picture of your organization.
We perform these services in conjunction with additional audit or assurance services as well as for those clients who do not require a full-scale audit. We use our knowledge and experience to help the client develop best practices.
We can tailor our services to your specific needs, to answer specific questions, or to assist you in getting ready for a future audit. We will answer the questions you ask and help you to know what you should be on the lookout for.
We provide the following Consulting and Other Services:
Internal Control Consulting
Employee Benefit Plan Consulting
Custom Consulting Engagements