HMS Schafer Group’s mission is to perfrom accounting services for our clients in a personalized, timely manner with a high commitment to quality service. 

Each client is unique and has different needs.  Therefore, we take the time to get to know you and your business in order to build a long-lasting relationship.  In working with many different industries, we have gained knowledge to customize our services to the needs of you and your particular business.  We pride ourselves on providing the personalized service you deserve and look forward to being of service to you.  HMS Schafer Group offers the following services for individuals, nonpublic businesses, fiduciary entities, and nonprofits.  This listing is not all inclusive.  There fore, if you are in need of a service that is not listed below, please call us to see if we may be able to help you.  We are here to help you select the service that is right for you.

Tax preparation and Management service

We can guide you 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 knowledge, analysis and thorough research on the ever changing tax laws can assist you in your personal finances and your business.

Our focus is on long term client relationships. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the day to day challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new strategies and procedures that take advantage of changes in the marketplace, accounting standards, and tax laws.

Financial statement services comprise all three levels of assurance depending on your company’s needs. Audits offer the highest level of assurance to third parties, and include in depth examination and confirmation of account balances. Reviews – provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify items requiring further analysis. Compilations are usually requested for internal purposes and are based upon information provided by a company’s management.

Estate and trust planning can ensure financial security for loved ones. For business, it can maintain a smooth succession of ownership. Our role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability to your beneficiaries. Everyone should have a carefully developed plan as to how to distribute the assets left in one’s estate so as to avoid complications and legal costs.

Our accounting services direct you closer to your goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, tax planning, general ledger, financial statement preparation, bookkeeping (monthly, quarterly, or annually), payroll processing, cash flow budgeting, personal financial statements, corporate tax planning and return preparation.

Business transactions and transitions are complicated issues. Whether you are buying, selling or considering a potential merger we can assist you with this process. Careful analysis, verifying the most favorable tax structures, evaluation of financial and cash flow impacts are all items that the Schafer Group can provide assistance to you to make the right business decisions for your optimum success.

Business transactions and transitions are complicated issues. Whether you are buying, selling or considering a potential merger we can assist you with this process. Careful analysis, verifying the most favorable tax structures, evaluation of financial and cash flow impacts are all items that the Schafer Group can provide assistance to you to make the right business decisions for your optimum success.

Mr. Schafer is experienced and has testified as an expert witness in a variety of court situations. The firm’s collective skills together with an investigative mentality, contribute in complex investigations and litigation matters.

Representation can be vital during an audit and our prior work with the tax authorities enables us to guide our clients in dealings with federal and state agencies. Mr. Schafer’s past experience and knowledge as an IRS agent is essential to helping our clients.

We can provide assistance, installation, setup and training with different accounting software.

HMS Schafer Group’s mission is to perform accounting services for our clients in a personalized, timely manner with a high commitment to quality service.