Cremaldi & Kaupp, LLC provides a wide range of services to our individual and business clients. Because our firm is small, our clients benefit by receiving personalized quality service in a cost effective manner. Our services include (but not limited to) the following:
- Tax compliance and consulting
- IRS representation
- Sales tax services
- Business entity selection
- Retirement planning
- Buying or selling a business
- Business succession planning
- Estate & trust planning
Tax compliance and consulting
Tax laws are complex and ever-changing. You need experienced, dedicated professionals to help you fulfill your filing requirements and provide tax planning to minimize your tax liability. We prepare tax returns for partnerships, LLCs, C corporations, S corporations, sole proprietorships, individuals, estates, trusts, not-for-profits and others. We focus on ensuring that your tax return is prepared correctly to minimize the likelihood of tax notices. We serve a wide range of clients, from entities with millions of dollars in revenue to individuals with only W-2s and mortgage interest, and we have experience with multi-state tax filings beyond Louisiana. Also, we have the expertise to assist with tax planning to save on taxes. We can help you structure a new business venture or look at making your existing business more tax efficient.
Many of our clients do not have internal accounting personnel. Business owners or dedicated personnel often undertake accounting duties. Therefore, we provide bookkeeping services to our clients utilizing an as-needed approach. For some clients, we do all bookkeeping on a monthly basis. For other clients, we answer questions or periodically analyze accounting records. We are very accustomed to tailoring our bookkeeping services to provide as much or as little bookkeeping assistance as you need. We can assist you with setting up Quickbooks as well as providing training to use the software. We also assist with questions about how to record and report specific transactions. We can produce regular monthly financial statements to allow you to review results and effectively manage your company in real time. Our goal is to make our bookkeeping as seamless as possible for our clients.
Our years of experience dealing with many tax issues have given us a level of competence so that clients are properly represented before the Internal Revenue Service and various state tax agencies.
Sales Tax Services
Many of our clients are responsible for collecting and submitting sales taxes in many different jurisdictions. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.
Business Entity Selection
Choosing the form of entity of your business (e.g. “S” corporation, sole proprietor, limited liability company…) is a crucial decision that can have longstanding tax implications, positive or negative. In cooperation with your legal counsel, we can assist in evaluating the taxation pros and cons of each entity type.
Successful implementation and periodic review of your financial plan will ensure financial independence during your working years and through your retirement years. It is important to know when you have the financial freedom to retire at a time of your choosing.
Buying or Selling a Business
Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. We have the experience to guide you through the acquisition/disposition process by addressing such critical issues as cash flow analysis and tax considerations.
Business Succession Planning
Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company’s day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.
Estate & Trust Planning
Our relationship with our clients is often one that extends beyond a client’s lifetime. We are well versed in the tax responsibilities of estates and trusts. Our firm often takes a team approach with other professionals to best meet the needs of our clients. Additionally, we can assist with estate administration and planning to reduce estate transfer taxes.