Industries WE Serve

Not for Profit

Whether you are leading a long-established nonprofit or considering starting a new one, we are here to support you. Our clients span various sectors within the nonprofit world, and many have chosen to partner with us for over 20+ of years. 

Thanks to the extensive experience we have gained from working with nonprofits, we can assist in numerous ways. New organizations often seek our guidance to navigate the IRS application process for nonprofit recognition. Established entities rely on us for nonprofit tax audits and reviews. We proudly support nonprofits of all sizes with their Form 990 tax returns and the calculation of unrelated business taxable income (UBTI or UBIT). Additionally, we help publicly supported charities track and project their revenue to ensure they meet the public support test. Some organizations also rely on us for internal accounting and payroll processing. 

No matter the size or history of your organization, we can assist you. We believe that by supporting nonprofit success, we contribute to building stronger, more vibrant communities for everyone. Our promise to you includes developing and sharing insightful resources and tools designed to empower the nonprofit sector. Reach out to learn more about our nonprofit organization services.

COnstruction

Our team of accountants understand that the top priority for your construction projects is effectively managing a range of risks. As a general contractor or home builder, your focus is on ensuring that your operations run smoothly and safely. With your hands full navigating the day-to-day demands of your business, we assist with navigating shifts in tax regulations and assessing their implications on your planning strategies for you.  

Our CPAs serve specialty contractors, utility contractors, and a variety of other construction professionals. We have fostered strong relationships with bankers, attorneys, insurance agents, and surety professionals over the years, enabling us to provide you with expert advice and thoughtful planning that can guide your business toward success. 

At Schmidtlein & Associates, CPAs, P.A. you gain more than just numbers and reports; you develop a meaningful connection with our team. Our professionals deliver review / audit, tax, and consulting services to our clients. Ultimately, we empower owners and management to strategically plan for long-term financial success, identify critical information for sound decision-making, and understand how business investments can foster future growth. 

How can our firm contribute to your future achievements?

  • Enhance cash flow and minimize tax burdens. Our accountants leverage their extensive industry experience to analyze your depreciation schedules and financial statements, uncovering strategies that can lower your taxes while boosting cash flow. We have a deep understanding of work in progress schedules / reporting and are here to pinpoint any issues that could impact your job profitability and financial results. 

  • Optimize outcomes for succession planning. With many owners approaching retirement, our firm is committed to helping construction clients reduce estate taxes and maximize financial returns as they transition their business to the next generation. 

  • Deliver robust financial statements. We recognize that bonding capacity plays a crucial role in your business success. Our teams develops strong lines of communication with bonding agents to ensure we provide exactly what they need to help you maximize that capacity. We also liaise with your lenders to enhance your equity.

With decades of experience in the construction industry, we are ready to assist a diverse range of construction clients. 

CLosely Held Business

The aspirations of a small business owner are often closely tied to the success of their business. It stands as your most significant asset, making it essential to safeguard its value. At Schmidtlein & Associates, CPAs, P.A., we specialize in long-term business strategies that help owners not only build value but also maintain it for a smooth transition when the time comes. 

Our clients benefit from our team’s extensive experience, but what they value most is the personal attention and time they receive from our professionals. Whether the need is for tax planning, business accounting, succession planning, or navigating the unique challenges of family businesses, our professionals are fully engaged in every interaction. This connection enables us to assist clients in tackling their daily challenges while maintaining focus on their goals. 

You can count on us to uphold integrity and independence through the exciting beginnings, the challenges of growth, and the achievements of diligent business management. We want to support you every step of the way. Explore the range of accounting and advisory services we offer to closely-held businesses, including business advisory and financial reporting services. 

Employee Benefit Plan Audits

Oversight of employee benefit plans often involves a range of individuals within an organization. Regardless of your position, the fiduciary role carries significant responsibility, and keeping up with the ever-evolving regulatory requirements can be a daunting task. Our team is dedicated to ensuring that your audit process runs smoothly. Beyond that, we provide additional value focused on safeguarding those who matter most: your plan participants. 

Our specialized team is committed to employee benefit plans, equipped with a thorough understanding of the risks you face and the pressures you encounter. While our seasoned professionals execute your audit with minimal disruption, they also offer in-depth support, acting as a valuable resource. We take the time to educate you on effective plan operation and help you navigate the compliance requirements and industry standards that apply to the variety of plans you may offer. 

Whatever your employee benefit plan needs may be, we’ve either encountered it previously or have access to the resources necessary to provide you with the answers you require. 

Low Income Housing

Our clients enjoy the advantages of our strong industry reputation, unmatched expertise, and a consistent commitment to meaningful communication. 

Affordable housing regulations provide a range of financial benefits for low-income housing participants. However, this specialized sector demands that stakeholders navigate intricate federal and state tax and compliance requirements to fully access these financial opportunities. 

As such, the complexities of this program necessitate that service providers maintain a solid reputation, demonstrable expertise, and a dedication to ongoing, value-driven communications with clients.

With over 40 years of experience, Schmidtlein & Associates, CPAs, P.A. offers outstanding audit, tax, and advisory services. Our commitment to personalized attention and responsiveness to client needs ensures we are well-respected in the field.

Our Low Income Housing Practice encompasses a variety of services, including:

• Annual tax filings, financial statement audits, reviews, and compilations  

• Project eligibility due diligence  

• Project Cost Certifications  

• HUD audits and program compliance  

• HUD REAC filings  

Medical Practices

Your focus is on exceptional patient care; ours is on ensuring your healthcare practice flourishes. At Schmidtlein & Associates, CPAs, P.A., our seasoned advisors are dedicated to guiding you through financial challenges, maintaining compliance, and achieving operational excellence to unlock your practice’s true growth potential. 

Your patients depend on you, but who do you turn to for insight into your practice’s financial health? With Schmidtlein & Associates, CPAs, P.A. by your side, you have a partner committed to your success. We have been supporting healthcare providers for over 40 years, enhancing cash flow, optimizing operations, and balancing personal and practice achievements. Whether you are expanding your practice or managing transitions, our tailored medical practice solutions pave the way for ensuring success and a secure financial future. 

We work closely with healthcare providers and investors who need in-depth financial and operational advice. Our customized accounting services cater to organizations of any size and specialty, allowing you to concentrate on delivering outstanding care while fostering measurable growth.

How We Assist Healthcare Professionals:

  • Cultivate a culture of compliance

  • Achieve financial clarity 

  • Strengthen revenue stability and growth 

  • Maintain ongoing operational excellence 

  • Prepare for the future 

  • Improve efficiencies and reduce costs 

  • Utilize tax strategies to fuel growth 

  • Optimize financial management 

  • Ensure financial health and operational efficacy 

  • Protect and expand personal wealth 

Manufacturing

Your primary concern should be managing your plant, team, and equipment. While you oversee operations and productivity, let Schmidtlein & Associates, CPAs, P.A. handle your tax and audit requirements. 

Navigating the complexities of manufacturing accounting can be challenging. At Schmidtlein & Associates, CPAs, P.A., we are here to support you with tax planning, audit or review preparation, and more. Our dedicated professionals offer tailored business solutions to: 

  • Enhance Cash Flow. We will assess your job costing and provide meaningful forecasts and consulting to boost the stability of your cash flow. 

  • Maximize Financial Advantages on Equipment and Technology Investments. Before you make a purchase, we will work alongside you to uncover potential tax credits, lease/purchase options, and other financial opportunities. 

  • Facilitate Business Successions. We support you throughout the succession planning process, offering financial planning options to ease transitions and minimize tax liabilities. 

  • Navigate Financial Challenges. With over [number] years of industry-specific experience, our manufacturing accounting team is equipped to help you tackle the financial decisions and tax planning needed each year. 

Comprehensive Accounting, Audit, and Tax Services for Manufacturers:

  • Audit and Attest Services

  • Cost Reduction Strategies

  • Federal Tax Planning 

  • Financial Forecasting 

  • Comprehensive Financial Planning 

  • Inventory Audits 

  • Payroll Services

  • R&D Tax Credits 

  • State and Local Tax Management