Audit & Assurance

We provide an unbiased look at your financial and operational situation with our Audit and Assurance services for nonprofit and privately held organizations.

Audit & Assurance Services include:

  • Audits, reviews and compilations
  • Financial statements—audits, reviews, compilations
  • Agreed upon procedures
  • Internal audits
  • Internal policies assurance
  • Retirement plan audits
  • Audit committee consulting
  • Forecasts and projections

Specialization
We offer specialized audit and assurance teams with in-depth experience in affordable housing, nonprofit organizations, financial institutions, healthcare providers and retirement plans.

Quality
We are committed to the highest standards in performing quality audits. Our commitment to quality and to the profession is illustrated by our participation as a reviewer in the American Institute of CPAs Peer Review Program.

 

We are proud to hold membership in the top industry assurance organizations:

American Institute of Certified Public Accountants

The AICPA represents the CPA profession nationally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations.

Governmental Audit Quality Center

The GAQC promotes the importance of quality governmental audits and the value of such audits to purchasers of governmental audit services.

Center for Audit Quality

The CAQ is an autonomous public policy organization dedicated to enhancing investor confidence and public trust in the global capital markets.

Employee Benefit Plan Audit Quality Center

The EBPAQC is a voluntary membership organization for firms that perform ERISA employee benefit plan audits, established to promote the quality of employee benefit plan audits.

“Accounting is really about people and building rewarding relationships.”

— Fritz Duncan, CPA, Partner & Shareholder

Audit & Assurance Team


Fritz Duncan, CPA

Fritz Duncan, CPA

Partner and Shareholder

Bio

Sara Hummel, CPA

Sara Hummel, CPA

Director of Quality Control

Bio

Evan Dickens, CPA

Evan Dickens, CPA

Partner and Shareholder

Bio

Jon Newport, CPA

Jon Newport, CPA

Partner and Shareholder

Bio

Kari Young, CPA

Kari Young, CPA

Senior Manager

Bio

Sarah Fantazia, CPA

Sarah Fantazia, CPA

Manager

Bio

Mathew Hamlin, CPA

Mathew Hamlin, CPA

Manager

Bio


Questions?

Get in touch with us.

  • This field is for validation purposes and should be left unchanged.

Recent News

Why You Should Boost Your 401(k) Contribution Rate Between Now and Year End

Why You Should Boost Your 401(k) Contribution Rate Between Now and Year End

One important step to both reducing taxes and saving for retirement is to contribute to a tax-advantaged retirement plan. If your employer offers a 401(k) plan, contributing to that is likely your best first step.

If you’re not already contributing the maximum allowed, consider increasing your contribution rate between now and year end. Because of tax-deferred compounding (tax-free in the case of Roth accounts), boosting contributions sooner rather than later can have a significant impact on the size of your nest egg at retirement.

Traditional 401(k)

A traditional 401(k) offers many benefits:

• Contributions are pretax, reducing your modified adjusted gross income (MAGI), which can also help you reduce or avoid exposure to the 3.8% net investment income tax.
• Plan assets can grow tax-deferred — meaning you pay no income tax until you take distributions.
• Your employer may match some or all of your contributions pretax.

For 2017, you can contribute up to $18,000. So if your current contribution rate will leave you short of the limit, try to increase your contribution rate through the end of the year to get as close to that limit as you can afford. Keep in mind that your paycheck will be reduced by less than the dollar amount of the contribution, because the contributions are pre-tax so income tax isn’t withheld.

If you’ll be age 50 or older by December 31, you can also make “catch-up” contributions (up to $6,000 for 2017). So if you didn’t contribute much when you were younger, this may allow you to partially make up for lost time. Even if you did make significant contributions before age 50, catch-up contributions can still be beneficial, allowing you to further leverage the power of tax-deferred compounding.

Roth 401(k)

Employers can include a Roth option in their 401(k) plans. If your plan offers this, you can designate some or all of your contribution as Roth contributions. While such contributions don’t reduce your current MAGI, qualified distributions will be tax-free.

Roth 401(k) contributions may be especially beneficial for higher-income earners, because they don’t have the option to contribute to a Roth IRA. On the other hand, if you expect your tax rate to be lower in retirement, you may be better off sticking with traditional 401(k) contributions.

Finally, keep in mind that any employer matches to Roth 401(k) contributions will be pretax and go into your traditional 401(k) account.

How much and which type

Have questions about how much to contribute or the best mix between traditional and Roth contributions? Contact us. We’d be pleased to discuss the tax and retirement-saving considerations with you.

 

© 2017

2017 OMGMA Conference Recap

2017 OMGMA Conference Recap

Thank you for joining us at the OMGMA fall conference last week. It was one of the best Healthcare conferences our team has attended, with powerful keynote speakers and sessions.  We had a tremendous turn out for our own session, presented by Brian Newton, CPA and Jeremy Prickel, CPA.

It was great to see so many of our clients and congratulations to the winner of our gift basket and our $100 Amazon gift card!

We received excellent feedback from everyone on our upcoming webinar series. We hope you are able to join us at our upcoming healthcare webinar scheduled for this Friday September 22nd.

To register: Healthcare Webinar: Top 7 Strategies for Successful Billing and Collections

We look forward to seeing you at the next conference!