We are a full service CPA firm serving a wide array of clients including: individuals, corporations, partnerships, LLC’s, and Not-for-Profit organizations.
Leif Jensen and Associates provides Accounting, Bookkeeping, Payroll, Tax, and Consulting services for businesses and individuals.
My personal goal is to provide the highest level of personalized service possible to meet the needs of my clients. I serve a wide range of clients: individuals, corporations, partnerships, and non-profit organizations.
I am committed to providing a complete range of professional tax and accounting services at affordable fees; to create an environment that will cause every client to view me as their trusted business advisor.
Don’t hesitate to contact me with any and all questions you may have!
Accounting
* Compilation Reports
* Financial Statements
* Journal Entries:
o Accrual
o Standard
* Fixed Asset Management
* Depreciation Schedules
* Budgets/Forecasts/Projections
* Financial Presentations
Assurance Services
Audit Services
When faced with a swiftly changing economic and regulatory landscape, the need for timely, high-quality audits is critical. Leif Jensen and Associates’ independent audit services enhance the reliability of information provided to investors, creditors, and other stakeholders.
Our audit staff brings a wealth of experience and deep industry knowledge to the completion of financial statement audits, integrated audits, and other attestation services.
Integrated Audit
Our integrated audit combines a financial statement audit with an audit of internal control over financial reporting (ICOFR). The objective of an ICOFR audit is to obtain reasonable assurance whether any material weaknesses exist at the time management assesses its internal control over financial reporting to ensure these audits comply with AICPA and/or PCAOB standards as appropriate.
Other Attestation Services
In the current financial environment companies often must deal with specific issues that go beyond audits or reviewing historical financial statements.
We at Leif Jensen and Associates may be able to assist. Our audit professionals offer a range of attestation services designed to help clients address specific issues. These services cover many needs for attestation outside a company’s financial statement audit requirements; including addressing client business needs to obtain independent assurance on the reliability or validity of information related to a product, service or activity that is the responsibility of the client, as well as for other contractual or compliance requirements.
Bookkeeping
* Invoicing
* Record Deposits
* Bill Preparation
* Check Writing
* Record Debits
* Bank Reconciliations
Income Taxes
* Individual
* Partnership
* Limited Liability Company
* S-Corporation
* C-Corporation
* Trust
* Estate
* Gift
* Payroll
* 1099’s
Payroll
* Enter Time Sheet
* Prepare Paychecks
* EFTPS – Federal Tax Payments
* IL Tax Net – State Tax Payments
* Quarterly Reports – 941’s Federal and State, UI-3/40
* Annual Reports – W-3, W-2’s, 940
* Work with management and third party administrators on Retirement Plan Compliance
Consulting and Management Advisory Services
* One-on-one meetings with manager and owners
* Business and marketing planning
* Cash Flow management
* Governmental Report compliance
* Operations review: for efficiency, profitability and security
* Review Benefit Plan Services – through strategic alliance
* Hardware/Software selection and implementation – through strategic alliance
Business Plans
We can assist in the preparation of your business plan. We also believe that a business plan is a multi-step process.
* The first step is a couple of lines or a brief mission statement.
* The second step is a one page business plan.
* The third is a full blown business plan.
We work closely with our clients on the preparation of their business plans. We believe that that a business plan is a working document that needs to be reviewed, measured and maintained through out the life of the business.
Incorporation - Business Start-up
We are able to assist in the determination of what corporate entity would be the most appropriate for your business.
* Sole Proprietor
* Partnership
* C Corporation
* S-Corporation
* Limited Liability Company
We can also assist with the determination of domain availability as well as the filing of either the Articles of Organization or Articles of Incorporation. We will then assist with the acquisition of a Federal Employer Identification Number, to be followed with the registration with the federal and state government as required.
Registered Agent
We can serve as a registered agent for your company. That would make us the designated entity who will receive all official notifications, including notice of lawsuits and state taxes due. We would also handle the filing of the annual reports for your entity.
Our service assures you remain in good standing with the state, and alleviates the burden of monitoring legislative updates to avoid potential penalties and interest.
Virtual CFO
* Supervise Accounting Department
* Supervise Treasury Functions
* Work with:
o Board of Directors
o Finance Committee
o Banks
o Auditors
o Government Agencies
Personal Accountant
One of the services that we provide at Leif Jensen and Associates is personal accountant for individuals and families. We take over the difficulties and annoyance of maintaining your finances.
All personal bills are sent to our office where we will prepare the checks and maintain your personal cash flow. Bank accounts will be reconciled monthly and personal financial statements and statements of net worth are available as needed.
Personal Financial Assessment
Reviews, get directions and information Leif Jensen & Associates, Ltd. Certified Public Accountants.
