Maximizing the wealth of your business

Since 1979, we have been providing Michigan with professional, affordable, and personal accounting services. Whether it’s for you, your business, or both, we focus on delivering maximum value…while maximizing your wealth. Our Services include:

Tax Planning & Preparation

When you work with McDonald & Associates, tax planning is an integral part of your overall business strategy and not something we consider just at year-end. You can be confident that we are well versed in the latest tax laws to offer practical, proactive and innovative solutions to minimize your tax liabilities. Our tax services include:

  • Tax returns for corporations, partnerships,
  • SUW (sales use and withholding taxes) individuals and non-profits
  • Tax audit protection up to $1000 in services
  • Strategic tax planning
  • Estate planning
  • Payroll taxes
  • Investment credits

Accounting Services

From start-ups to established businesses, you can rely on McDonald & Associates to provide accurate and insightful financial information to improve profitability and capitalize on new opportunities. We help you achieve these goals with accurate record keeping and reporting as well as on-going support. Our accounting services include:

  • General ledger and financial statement
  • Cash flow budgeting and forecasting preparation
  • Financial reports
  • Monthly, quarterly, or annual bookkeeping
  • Accounting system setup and support

Payroll Services

For many small businesses payroll is an inefficient and overwhelming task. Outsourcing this critical function can save your company money and ease your workload. McDonald & Associates ensures your employees are paid on time and your payroll taxes are prepared and submitted properly. Our affordable payroll services include:

  • Payroll preparation
  • W-2, W-3, and 1099 preparation
  • Direct deposit
  • Worker’s compensation audits
  • Federal and state payroll tax filings
  • Coordination of employee benefits

McDonald & Associates has developed a package of services to perform all your payroll functions.

Business Consulting

McDonald & Associates focuses on producing strategies that help our clients face the myriad challenges of business planning and execution. We offer objective analysis to assist in controlling costs, increasing efficiency, and implementing procedures to improve your business’ financial health. Our business consulting services include:

  • Entity selection and restructuring
  • Debt and financing advice
  • Accounting software selection,
  • Transaction structuring and negotiations implementation, and support
  • Business succession
  • Financial projections and forecasts
  • Industry data & analysis

Business Valuations

Whether we are hired by a law firm or directly by the company, we act independently and objectively to provide an unbiased report. We perform business valuations for:

  • Litigation
  • Federal estate and gift taxation
  • Mergers and acquisitions
  • Bankruptcy
  • Exit strategies
  • Shareholder disputes
  • Divorce

Pension Planning

From Profit Sharing to 401Ks to SIMPLE Plans, we offer a number of services for the business owner, human resources department, benefits administrator and individual employees to meet a wide variety of pension planning needs. Our pension planning services include:

  • Plan design and review
  • Investment guidance

Income Tax Representation & Support

We understand that at times our clients need our support. Our team has the experience and expertise to support you in matters involving:

  • Worker’s compensation
  • IRS audits
  • Union employee benefits
  • State audits
  • Tax audit protection up to $1000
  • Tax notices of audit services
  • Collections
  • Free shredding of confidential files

Software Support

As Certified QuickBooks ProAdvisors™, we can help you set up a QuickBooks® system and provide the training required to meet your needs. As your business evolves, we offer the ongoing support you will need to manage your financial information.

Succession Planning

Transferring your business smoothly to the next generation.

  • Value of business
  • Structuring debt
  • Tax planning
  • Estate planning