Business Services

Broman and Kosar has the resources, experience, and depth of knowledge to deliver the services you need in a professional, fast, and cost-efficient manner whether you are a business or an individual.

Accounting Services

We offer a complete range of accounting services. We prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP) for use by banks, investors, and other third parties. Our firm will also prepare custom financial reports for internal, managerial use.

  • Bankruptcies - Bankruptcy is one of the most frightening words to hear when you are running a business. However, our firm will guiding you the maze of financial and tax implications that arise. We will also consult with you regarding the benefits of reorganization or the possible necessity of dissolution.
  • Bookkeeping Services - We offer bookkeeping services in conjunction with preparation of financial statements.
  • Buying & Selling a Business - Our firm offers business valuations services to determine the fair market value of an ongoing business, for use by potential purchasers, potential sellers, in litigation or in estate and estate planning matters.
  • Accounting Software Selection - Our firm can help you identify and select the proper software needed for your accounting  applications.
  • Cash Flow & Budgeting Analysis - Our firm offers expert cash flow and budgeting analyses that can help you minimize cost overruns, lost purchase discounts, and uncollectable receivables. Many of our clients state that these value-added services are indispensable.
  • Compilation and Review Services – We can quickly compile your financial records into meaningful GAAP-compliant financial statements.  We also offer review services.
  • Financial Forecast and Projections - Our firm provides complete financial and business forecasting services, including proforma projections. We will also customize  "What If " planning scenarios to help you foresee and plan for unexpected business contingencies.
  • Payroll Services - We offer complete payroll tax reporting services and limited payroll processing services. We prepare all federal and state returns.
  • QuickBooks Accounting Software Consultants - We have years of experience helping companies set-up and maintain their QuickBooks accounting systems. We support all current versions of QuickBooks that are supported by Intuit.
  • QuickBooks Accounting Software Training - We offer one on one training on QuickBooks Accounting Software. We can train your personnel in the various QuickBooks tasks as well as help them troubleshoot their problems.

Consulting Services

Our company offers a wide range of consulting services to help you improve business operations, boost efficiency, and increase the bottom line.

  • Business Succession Planning - As experts in business succession planning, our firm can suggest many courses of action to provide assurance that your business will enjoy a smooth continuance and that your heirs and business associates will be well protected.
  • Business Valuations - Our firm provides  business valuation services, quickly and efficiently by our Certified Business Valuation Analysts.
  • Expert Witness Services - Our firm offers expert witness testimony in the areas of business valuation, accounting malpractice and other matters requiring forensic accounting expertise.
  • Fraud Prevention & Detection - Nobody likes to think about being robbed by an employee, but it can happen. Our firm has the knowledge to protect your assets from employee theft and can implement and systems to detect and deter fraudulent activity.
  • Litigation Support - We can provide a full range of assistance for you and your legal counsel.

Tax Services

  • IRS and State/Local Representation - Our firm knows the tax laws, and we know how your tax return was prepared. We can provide complete representation services before the IRS as well as state and local taxing authorities. We are also experienced in negotiating Offers in Compromise with the IRS.
  • Sales Tax Services - We prepare all sales tax filings and offer full sales tax audit representation.
  • Tax Planning - We offer full tax preparation and filing services. Our firm continuously monitors federal, state, and local tax law changes to allow its clients to minimize current and future tax liabilities. If necessary, we can implement tailor-made due-date tax compliance monitoring systems to prevent costly interest and penalty assessments attributable to late filing.
  • Tax Preparation - We offer professional preparation of all federal, state, and local income tax returns for individuals, businesses, partnerships, estates and trusts.