Thinking of owning your own business?

Opening your own business is exciting and thrilling. It’s everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It’s up to you to maintain and stretch out the “thrill and excitement” period forever.

A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.

We help you…

Prepare an initial business plan to clarify your marketing, management, and financial plans.

Determine your start-up capital needs.

Identify sources of start-up capital and backup sources if needed.

Evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed.

Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate.

Select the right accounting software by evaluating your budget, needs and hardware.

Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.

Establish billing and collection procedures to maximize your cash flow.

Establish procedures to monitor and control costs.

Setup a home office so you can maximize your tax deductions.

Prepare and file all required state and local licenses and permits.

Prepare and file your application for your Federal Employer Identification Number.

Provide payroll and payroll tax filing when you bring on your first employee.

Comply with employment laws so you don’t get hit with fines and unhappy employees.

Identify your business insurance needs.

Develop a solid Partnership Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.

Let us help you succeed by getting your new business off to a good strong start.

Accounting and Bookkeeping Services

PEK Partners offers a full range of accounting and bookkeeping services geared towards assisting small to mid-sized companies. Our main objective is to help business owners reduce time spent on non-revenue generating tasks, enabling them to focus on core business functions and increase profitability.

Our Accounting and Bookkeeping services include outsourced CFO, Controller, Bookkeeping and Payroll functions.

In many cases clients can save between 30-50% compared to cost of hiring in-house staff to perform these functions.

Payroll Services

Payroll is a critical success factor for your business. Labor is likely your biggest expense and it touches many parts of your business. Your company’s biggest assets (employees) rely on timely and accurate payments. Payroll processing is complex; and non-compliance with ever-changing local state and federal regulations can possibly make you subject to significant penalties and fines. Our goal is to help you navigate through this complex process and provide you time to focus on generating revenue.  We stay on top of ever changing local, state and federal laws governing payroll. We make sure that your payroll is handled accurately and timely in compliance with current laws and regulations.  Our company was build with you in mind.  Your schedule is important to us, our goal is to save you time and process your payroll accurately and timely.

Here is a glimpse of what we do

• Calculate your payroll

• Process Direct Deposit or Prepare Checks

• File, deposit and reconcile your payroll tax in compliance with local, state and federal regulations.

• Timely prepare and file 940, 941,W-2, W-3., 1099 and applicable state forms.

• Timely submit withholding and tax payments.

Why Us?

Local and customer service focused payroll services provider for small and mid-sized firms.

We navigate through complex payroll tax compliance so you don’t have to.

Direct access to dedicated Payroll Coordinator Flexible to your payroll submission method and payroll cycle.

Accurate and timely processing and reporting.

Variety of payroll distribution options including direct deposit, checks and onsite check printing Employee and Employer Portal.

No hidden fees and no surprises.

Tax Services

We specialize in making sense of complex federal and state laws and stay on top of tax law changes so you don’t have to.  In addition to extensive knowledge of federal and state tax law, our firm has a range of industry specialists who bring specific insight and strategies to each engagement.  We review each return to ensure that we have taken advantage of all opportunities on your behalf. However, tax compliance is only the beginning.

Innovative, proactive tax planning should be an integral part of every major decision for your business.  The professionals at PEK Partners will be with you throughout the year and at every stage of your company’s growth with ideas and advice to ensure that you only pay the amount of tax for which you are legally obligated.  Strategic tax planning services can enable you to make better business decisions and maximize both your after-tax cash flow and profits.

Our offerings include:

  • Business tax preparation
  • Choice of business entity planning
  • Business acquisitions and dispositions
  • State and local income and franchise taxes
  • Real and personal property taxes
  • Business incentives and tax credits
  • Tax compliance services


Staying Focused on the Big Picture

Often times, it’s easy for management to get bogged down in the details of operating the business; to lose sight of the big picture.  We can help to adjust your focus.

Does your organization struggle with some of these issues?

  • Developing a mission statement, a long-range business plan, and a system to monitor your progress
  • Establishing accounting systems and procedures appropriate for your business, which provide you with the information necessary to make the right decisions on a timely basis
  • Comparing your results against industry benchmarks
  • Planning for the future with financial projections and forecasts
  • Reviewing your business process and or internal controls

An Outside, Objective Voice

With competition putting a strain on margins, maintaining a profitable business is more difficult to obtain.  We are your outside, objective voice.  We can help you identify inefficient resources, reduce overhead, and improve staffing.

We help management find the right solutions to tough problems.

Internal Controls

Internal controls play an integral role in a company’s success, they help protect you by minimizing opportunities for unintentional errors or intentional fraud that may harm your company and discourage errors or fraud. Preventive Controls help discover small errors before they become big problems while detective controls are designed to identify an error or fraud after it has occurred.

We can help you assess, design and implement a sound control environment.

Professional Personal Tax Preparation Services

Do not gamble with your taxes.  We specialize in preparing your taxes accurately, quickly and painlessly, and will ensure you receive all the deductions you are entitled to. We are always available to help you with your tax planning needs to help you lower your taxes and avoid surprises during the tax season. And in order to speed your refund, we can file your return electronically to the IRS and state tax boards.

  • Individual Income Tax Planning
  • Individual Income Tax Projections
  • Preparation of Individual Income tax returns, Federal and all State jurisdictions
  • Representation before Internal Revenue Service and State Taxing Authorities
  • Estate Tax Planning
  • Preparation of Estate and Fiduciary Income Tax returns
  • Personal Financial Planning
  • Retirement Planning
  • Investigative Accounting pursuant to Litigation

You work hard to make a living our goal is to minimize your taxes and help you maximize what you keep.