We Provide Services as a Business Partner

Did you know in a recent national survey, small business owners ranked Accountants as one of their top choices for counsel on business decisions, second only to a spouse and other family members? Do you have that level of trust and confidence with you current accountant? At Yudien Fry & Associates PC, we pride ourselves on earning and maintaining that level of trust with each and every client.

Most accountants concern themselves primarily, or even solely, with monthly accounting and quarterly taxes. Ultimately, though, we know that what matters most is your personal wealth. That's why we believe in an in-depth and systematic analysis of your personal assets, liabilities, earnings, etc., to give you a real and accurate personal financial statement.

After all, your business's success and your personal success are not mutually exclusive, and we know it's important for you to know where you stand. You can count on us to show you where you have opportunities to make meaningful strategic moves that will get you closer to your goals. Therefore, if you're looking for an accounting firm that gives small-to-medium sized business owners "Big Client Service", look to us.

Our clients view our firm as a business partner. They call us frequently with their business questions and they know that the "meter" is not always running. It's part of our commitment to provide experienced accounting consultation and business guidance.

Services We Provide

Yudien Fry & Associates offers a wide variety of accounting and business development services for businesses like yours. Most of all, we pride ourselves on professionalism and quality. Among the services we provide are:


Tax Management Services

At Yudien Fry & Associates PC, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws. We are knowledgeable and up to date on the tax laws and can make sense of your receipts, bills and notices.

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Accounting Services

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Yudien Fry & Associates PC's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation
- Litigation support

We can set up financial reports for your view to streamline your business and save your valuable time. These reports are important tools that can guide your business in making financial decisions, planning, and evaluating performance.

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Financial and Retirement Planning

Yudien Fry & Associates PC's goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Yudien Fry & Associates PC can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.

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IRS Representation

Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.

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Bookkeeping/Write-up

Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Yudien Fry & Associates PC can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.

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Entity Selection and Restructuring

Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Yudien Fry & Associates PC can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.

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QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.

Yudien Fry & Associates PC offers the following solutions to help meet your QuickBooks needs:

Personal Training- We train you personally! Either one-on-one or several individuals within your organization at your company's location.

Installation- We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.

Setup- We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.

Support- Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.

Review- Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

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Cash Flow and Budgeting Analysis

Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Yudien Fry & Associates PC can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business' ability to survive. We can help you analyze your spending, rebalance your budget and/or debts for an optimal cash flow to support your business' success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.

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Financial Projections and Forecasts

No one can predict the future perfectly, but we can all benefit from planning for it. Yudien Fry & Associates PC combines expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company's success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your needs, our work can range from top-level reports to detailed financial models.

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Mergers, Acquisitions, and Sales

Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Yudien Fry & Associates PC can provide professional know-how to help you successfully structure and negotiate the deal. Yudien Fry & Associates PC employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.

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Debt and Finance Advising

Whether your needs are corporate or personal, Yudien Fry & Associates PC's professionals can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you are able to handle the payments and the amounts of your current debts, our expertise may be able to save you money and/or lower your payments.

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