• Tax - Services provided to businesses and individuals to maximize tax benefits and minimize tax liabilities.

• Attestation - Audits, reviews, and compilations provided for businesses.

• Litigation -  Services provided related to the litigation of construction claims.

• Business Services - All aspects of business planning and business transactions.

• Software - Strategic planning for information technology needs.

• Monthly Services - Month end close assistance and payroll reporting.

TAX SERVICES

Tax planning is an essential element of the tax preparation process. By making tax planning part of your overall business strategy you can utilize our expertise and access to the most current developments in tax law to minimize both your current and future tax liabilities.

Our tax services for business clients include:

• Business Entity Planning
  • Corporations
  • S Corporations
  • Partnerships
  • Limited liability companies
  • Cooperatives
• Tax aspects of mergers, acquisitions, reorganizations and dispositions
• Tax analysis of business transactions
  • Tax-free exchange
  • Tax accounting method changes
  • Tax credits for R&D activities and other business tax incentives
• Depreciation and cost classification planning
• Employee compensation and benefits planning
• Multi-state tax planning
• Sales and use tax planning
• Tax return preparation
• Representation in tax audits

We work closely with our individual tax clients to help them achieve their financial goals through income tax, estate, gift and retirement planning.

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AUDITS, REVIEWS, & COMPILATIONS

When you need an objective eye to analyze and report on the financial status of your business, we are there to help. We provide financial reporting on all three levels of assurance:

Audit: An extensive and objective examination of your financial records, with the highest level of assurance.
An audit provides the expression of an opinion as to whether financial statements are fairly stated, in all material respects, in accordance with generally accepted accounting principles. We perform a test of your financial data, confirm information with third parties as necessary, analyze the information for unusual trends or relationships, and obtain an understanding of your company’s internal control and how it impacts the financial reporting process.

Review: Some analysis of financial records, with limited assurance.
A review involves more limited procedures, primarily inquiries of management and analytical procedures applied to financial data. Based on these procedures, we report to you whether we are aware of any material modifications that would be made to the financial statements in order for them to be in conformity with generally accepted accounting principles. More limited in scope than an audit, a review may provide a cost-effective alternative for obtaining limited assurance with respect to the financial statements.

Compilation: A report on client-supplied information, primarily for internal use.
A compilation is limited to preparing a report in the form of a financial statement based on information provided by the company. Compilations are primarily prepared for internal company analysis of the financial condition of the entity. Because the process includes no verification procedures, assurances are unable to be provided related to the financial statement prepared.

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LITIGATION SUPPORT SERVICES

VG provides counsel with an in-depth understanding of, and insight into, complex construction issues, problems, and practices. Reviewing the documents requires a framework for analysis, trained personnel, organization, and effective administration. VG has the experience in construction operations, as well as the fundamental understanding of a project's dynamics, to provide this framework to the litigation system.

Support Services Include:

• Claim Analysis
• Claim Preparation
• Expert Witness Testimony
• Report Preparation
• Contract Compliance

Our experienced litigation team provides valuable guidance in developing, analyzing, defending, and negotiating construction claims. VG assists plaintiff and defense attorneys in ALL stages of pretrial and courtroom activities. We have testified in Wisconsin, Illinois, Iowa, Virginia and Florida courts in cases that range from one to one hundred million dollars.

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BUSINESS SERVICES

VG prides itself on being consultants to business. By necessity, such advice must be timely and accurate to be effective. In addition, the VG advisor must be ready to give advice in the alternative because business transactions are often changed or limited for non-tax reasons. Hence, the tax advisor's job becomes one of obtaining the best tax result within the business context of the transaction. This often means involvement in the business aspects of a transaction as much as the tax aspects in order to understand and perhaps work the business side of the transaction in order to obtain the best tax result.

We are also heavily involved in estate planning, retirement income planning and continuity planning for executives, especially in the closely held corporations. Continuity planning is planning the transfer and control of a closely held corporation to the next generation. Such consulting includes business planning and personal planning in addition to income tax and estate tax planning. We can use our expertise in this area to advise you.

In a business age of increasing complexity, competition and uncertainty, every organization needs to grasp where the business is today and have a formal plan in place as a guide to ensure success tomorrow. The purpose of Strategic Planning is to gain a competitive advantage through planning and implementing goal-oriented action steps.

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SOFTWARE PLANNING

The development of an efficient infrastructure is a critical, yet often-overlooked, component of any successful business system. The time to begin thinking about your IT infrastructure is during strategic planning, not as an afterthought or when issues arise. A high-quality IT infrastructure takes time to plan and implement-from developing a comprehensive technology strategic plan, to solution architecture, to implementation and support.

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MONTHLY SERVICES

We provide assistance with day-to-day operations including payroll, billings and project accounting. We also provide assistance with month-end procedures including bank reconciliations, month-end journal entries, management reporting, bank reporting, payroll reporting and the preparation of monthly financial statements. We have also served as long-term on-site project accountants for multi-million dollar development projects.

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