Our firm offers a wide range of services to our individual and business clients. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.
We look at the facts and the figures, and we analyze the implications of transactions. We strive to identify opportunities that will increase your profitability.
Our depth of experience expedites familiarization with your business - we are prepared to understand and address your unique needs.
We make financial statements meaningful and informative. When information is available, we use benchmarks to compare with your results.
Our team philosophy focuses specific knowledge and talent toward the goal of providing you with a resource for making informed business decisions.
Not all businesses need or can afford a full-time bookkeeper. Our SBAS department is available for all your accounting needs. We'll work from your location or our own. Our services include:
Maintaining the general ledger
Preparing interim financial statements
Tax return preparation
Management of the data necessary for strategic business planning
Posting receipt and disbursement journals
Posting accounts receivable and accounts payable; maintain subsidiary detail listing
The BSSF tax department takes a proactive approach based on strategic tax planning. We identify current and future tax saving opportunities and resolve any tax controversies.
Estate Planning: We offer estate planning strategies to help reduce your estate taxes. We can develop a plan for you and your spouse, complete a succession plan for your family-owned business, update an existing plan for new tax law considerations, and develop living trusts.
Cost Segregation Analysis: With the increased tax life on real property for depreciation purposes (39 years), it has become more important to identify depreciable assets that may be classified as other than real property. By accelerating depreciation, a company can maximize tax benefits from the cost of new facilities, improvement of old ones, and the acquisition of existing properties.
Other services include:
Tax compliance services
Assistance in dealing with various taxing authorities
BSSF litigation support staff have experience working with and testifying for plaintiff as well as defense counsel. In addition to expert testimony, we provide in-depth case analysis and evaluation. We have in-house, certified specialists in preparing business valuations, fraud examination, and forensic accounting.
Six BSSF Certified Valuation Analysts provide client support options - from an oral discussion of a reasonable range of values to a comprehensive, fully documented written report that would be defensible in court or with the IRS.
Business valuations are performed for a variety of reasons:
Buying or selling all or partial interest in a business
BSSF offers services to assist your organization with fraud prevention and to minimize potential fines against the company. Our investigative service helps uncover fraud committed against your organization by employees and others.
Fraud Prevention:
Compliance policy
Fraud prevention policy
Conflicts of interest policy
Ethical conduct
Internal control analysis
Fraud Investigation: Asset misappropriation (e.g., theft, payroll and vendor frauds) Corruption (e.g., kickbacks, conflicts of interest) Financial statement frauds
We specialize in computer networking and computer applications for small businesses. Our knowledgeable technicians are available for on-site support, or you can use our Help Desk service.
We don't sell hardware or software - our focus is on keeping your computers and network secure and stable - but we can assist you in the comparison and selection of products.
Acting as an advisor in growth, BSSF's Entrepreneurial Services Group delivers high-quality advisory services to assist entrepreneurs in establishing and maintaining their business. Our professionals will work with you step by step, and assist with any or all of the following services:
Strategic planning/business counseling
Entity formation and capital structure
Business plan development
Financial modeling
Raising capital
Software selection and implementation
Small Business Accounting Services
Interim CFO Services
Implementing internal controls and internal processes
BSSF serve distressed businesses in turnaround situations and bankruptcy proceedings.
Parties that benefit from these services include:
Debtors
Debtors-in-possession
Trustees
Creditors
Creditors' committees
Lenders and equity holders
We can help all parties with: Analysis of financial and operational problems Design and implementation of a turnaround plan or a business plan Implementation of controls over operations and financial reporting Valuation of the business Preparation of financial statements, schedules, and other forms required for filing and reporting while in bankruptcy Investigating transactions to determine if preference or fraudulent transfers exist Reconciling and evaluating creditors' proofs of claim Special tax issues and planning opportunities which arise from these proceedings
The professionals at BSSF bring many years of healthcare financial and operational experience, in addition to a broad array of traditional accounting and CPA services, to our clients. With our experience, we can assist you with all your practice operational, financial and structural needs including strategic planning, compensation analysis, financial and staff benchmarking analysis, ancillary services review and implementation, fee schedule development and payer contract review, practice valuations, mergers and acquisitions, and assistance with regulatory compliance matters.
BSSF's team of qualified accountants is equipped to meet the accounting, tax, and consulting needs of agricultural businesses in the central Pennsylvania region. Our extensive experience includes working with some of the largest producers in the area.
We will provide your business with the diversified experience and skills needed to keep the finances of your agri-business on track. Our established tax department, one of the largest in the region, along with our numerous other service groups, will help your business sort through the financial demands of the agricultural industry.
BSSF understands the expectations of agri-businesses and, equipped with the most up-to-date accounting tools and information, will put our knowledge and expertise to work for your business.
The BSSF Dealer Services Group can provide the support you need to successfully compete in the auto and truck dealership industries. Our membership in the CPA Auto Dealer Consultants Association (CADCA) helps assure that we remain on the cutting edge of industry issues and services. Our CADCA membership also allows us to network with some of the most respected and specialized dealer consultants in the nation.
BSSF can assist with accounting, operations and compliance issues, mergers and acquisitions, succession and estate planning, tax planning, and more. We can keep you updated on the latest industry news and provide you with practical advice for your business through our free quarterly dealer newsletter.
At BSSF, we will apply our experience to the specialized tax and accounting issues that are unique to your industry. Equipped with the most up-to-date accounting tools and information, BSSF is prepared to handle the needs of your business.
BSSF knows how important contractors, engineers, and real estate agencies are to the development of the central Pennsylvania region. It is because of this that we offer our professional staff to handle the accounting, tax, and consulting needs of area companies in these industries.
We understand that in order to provide accurate, professional services it is important to first have a full understanding of the expectations of our clients. In response to this, members of our Firm are actively involved in contracting and engineering organizations including the Associated Builders & Contractors of Central PA, the American Subcontractors Association, and the American Council of Engineering Companies.
BSSF tax experts offer cost segregation studies to ensure our clients obtain the maximum tax benefits from newly constructed or renovated buildings. In addition, our staff can implement the complex rules of the Federal Acquisition Regulations (FAR) to yield the highest possible overhead rate to the benefit of our clients.
We will apply our experience with specialized tax and accounting issues that are unique to your industry. Equipped with the most up-to-date accounting tools and information, BSSF is prepared to handle the needs of your business.
The manufacturing and distribution industry has provided a source of economic stability and community pride to central Pennsylvania. With many home-grown companies in the region, the local economy has often been dependant upon the success of such companies.
BSSF has an experienced team of accountants prepared to meet the accounting, tax, and consulting needs of these companies. Our membership in the Pennsylvania Manufacturers Association helps keep us abreast of current industry concerns. We understand the imprtance of suggesting practical tax planning strategies, providing creative recommendations for continuous business improvement, and having the experience to respond to the changing complexity and growth of your company.
We provide a free, bi-weekly e-newsletter specifically geared to businesses in the manufacturing and distribution industries which offers business advice and other accounting and tax-related information.
We will apply our experience with specialized tax and accounting issues that are unique to your industry. Equipped with the most up-to-date accounting tools and information, BSSF is prepared to handle the needs of your business.
The professional staff at BSSF provides timely accounting, tax, and consulting services to physician practices in all fields, including dentistry and general practice, as well as specialized fields, including neurology, gynecology, and urology.
BSSF is a member of the Medical Group Management Association (MGMA), the nation's principal voice for medical group practices, as well as the Pennsylvania MGMA. Our membership allows us to gain an understanding of the needs and expectations of today's medical practice.
We provide a free, bi-weekly e-newsletter specifically geared to those in the medical field which offers business advice and other accounting and tax-related information.
At BSSF, we apply our experience with specialized tax and accounting issues that are unique to your industry. Equipped with the most up-to-date accounting tools and information, BSSF will put our physician practice experience to work for you.
Not-for-profit entities play an important role in the development and success of our community. They operate in a complex environment of limited resources with unique operational, accounting, and compliance issues. In light of this, BSSF provides accounting, tax, and consulting services specifically geared towards the needs of not-for-profit entities.
At BSSF, we understand that in order to provide accurate, professional services, it is important to first have a full understanding of the expectation of our clients. Working closely with many not-for-profit organizations in the central Pennsylvania region, the staff at BSSF has extensive experience preparing exempt organization tax returns and reports, designing and evaluating charitable estate planning, offering fund raising consultation and overseeing special audit and reporting issues.
We provide a free, bi-weekly e-newsletter specifically geared to not-for-profits which offers business advice and other accounting and tax-related information.>br>
BSSF's ability to understand and solve the unique circumstances of not-for-profits helps to make our Firm a viable option for your organization's diversified accounting, consulting, and tax needs. Equipped with the most up-to-date accounting tools and information, BSSF is prepared to handle the expectations of your not-for-profit entity.
The BSSF Property and Casualty Insurance Group is one of the largest practices in the Mid-Atlantic region to service the insurance industry. The insurance team is comprised of seasoned professionals and specialists that provide a full range of audit, tax and advisory services to the property and casualty insurance industry.
Our team members have extensive knowledge of the unique and complex financial demands of the insurance industry. We have significant experience with statutory accounting principles governing the insurance industry and generally accepted accounting principles (GAAP), which are specific to the insurance industry. Our team of insurance tax specialists is well versed in the unusual aspects of insurance taxation at the federal and state level.
We monitor the activities of the various state Insurance Departments, NAIC, AICPA and IRS to keep abreast of current developments affecting the insurance industry. We communicate significant new developments to our clients and are available to help them assess the impact of such developments on a company’s statutory and GAAP financial statements, financial and tax reporting or operating procedures.
Our Firm has an affiliation with M&A Advisory Group, LLC, a multi-disciplined management and consulting firm. M&A has worked with various entities in the financial services industry providing strategic planning, CFO outsourcing, bankruptcy reorganization, merger and acquisition, captive management and capital modeling and planning services.
BSSF was recently ranked as the #8 audit firm serving the property and casualty industry in the United States per the A.M. Best Special Report: Insurance Auditors & Actuaries of North America issued in January 2007. This ranking is based upon the net premiums written by our clients. The report also lists BSSF as #10 in the country for total number of audit clients served in the insurance industry.
The following is a list of specific insurance services that we provide to our clients:
Statutory and GAAP audits
Statutory annual and quarterly statement preparation
Federal and state tax return preparation
Tax planning
Reinsurance analysis
Strategic planning
Accounting consulting and financial modeling
Agency audits
Due diligence
Corporate compliance reviews
Forensic investigations
Regulatory consultation
Financial analysis
Mergers and acquisitions
Management advisory services
Representations with state regulators
Representations with A.M. Best
Speaking engagements for insurance industry groups
For more information about what the BSSF Property and Casualty Insurance Group can do for your insurance company, please contact any of the insurance team members listed below:
Ronald R. Bryant, CPA, Principal, Director of Tax Department Scott A. Esworthy, CPA, Principal Henry J. Straub, CPA, Principal
With over 25 years of experience working with school districts and governmental entities, the staff at BSSF is prepared to provide niche-specific accounting and consulting services to your organization.
We understand that in order to provide accurate, professional services it is important to first have a full understanding of the expectations of our clients. Many of our staff are members of various school and government organizations in the region including the Harrisburg Regional Chamber Government Relations Committee, the Pennsylvania Association of School Business Officials, and the Pennsylvania Government Finance Officers Association.
We have significant experience in dealing with the intricacies of auditing federal programs, preparing borrowing base certificates, and implementing the reporting requirements of the Governmental Accounting Standards Board Statement Number 34.
BSSF is equipped with the most up-to-date accounting tools and information and will apply our experience with specialized accounting issues that are unique to your industry.
