Team

Estate Planning
Estate planning includes the process of designating beneficiaries and executors of your personal and business interests, protecting your assets, and minimizing estate tax, gift tax, and income tax. Roth&Co provides comprehensive tax and financial estate planning, which includes planning, implementing, and monitoring your estate plan

Review your personal income tax returns, personal financial statements and list of beneficiaries/heirs, and compile a list of assets with their approximate values.

Review prior gifts and trusts and establish the estate plan objectives (i.e., tax mitigation, asset protection, avoiding probate, etc.).

Calculate the required funds necessary to live or provide spousal support.

Determine the necessity of Medicaid planning or of a living will and determine the individualsresponsible for healthcare decisions.

Compile appraisals and business valuations, debt schedules, and working capital requirements.

Establish terms for the trust/will – including trustees and guardianships – and allocate assets to beneficiaries.

Allocate assets to remain with parent/spouse based on cash flow, and establish a management fee/salary/interest stream to supplement income.

Determine the estate tax exposure and compile a list of assets to be moved out of the estate and the method of transfer to the children/trust (i.e., gift or sale).

Collaborate with an attorney to create trusts and wills, financial power of attorney, healthcare proxies, living wills, assignments/stock certificates and promissory notes.

Work with the proper agencies to file deeds and titles.

Prepare and file gift tax returns.

Review income tax returns and personal financial statements annually for new assets, to update beneficiaries, and for potential changes to the plan.

Conduct a periodic compliance review – including tax return filings, Crummey payments, debt payments, and unreported gifts.

Review life insurance plans and buyout/succession plans for necessary updates.

Revisit and review plan for estate tax law changes.

Ancillary Services to Support Estate Planning

Independent Trustee Services

Review investment and asset management plan

Calculate and facilitate distributions

Prepare periodic statements and accounting reports

File income tax returns (Form 1041)

Executor Services

Execute the will and estate plan

File petition with the probate court

Compile listing of estate assets and liabilities

File Estate Tax Return (Form 706)

Distribute assets to beneficiaries or trusts
Read more: Estate Planning
CMO Services
At Roth&Co, we are constantly designing business services that grow your business. With RothCMO, we apply the strategic thinking, resourcefulness and four decades of business experience you know and trust, to create marketing strategies that achieve results.

Too many businesses waste time, money and resources on advertising, content and services without a cohesive, carefully planned marketing plan. With RothCMO, we create and manage a 360° brand experience that ensures every marketing initiative is on message and utilized to perfection – making sure each dollar is well spent.

Our Services:

Strategy:

Audit existing brand platform and assets

Identify strengths and areas for improvement

Clearly define goals, objectives and deliverables

Plan and manage processes and execution

Branding: Manage all branding-related aspects, including:

Brand platform and assets

Messaging system and positioning

Identifying primary and secondary audiences

Visual Brand

Marketing: Internal – Manage all marketing-related aspects, including:

Culture

Employee satisfaction

Retention rates

Identifying pain points and plan to repair

Motivational programs, events and ongoing initiatives

Marketing: External

Marketing budgets

Ongoing effectiveness valuation of existing strategy

Assess mediums and platforms utilized

Devise marketing plan

Define measurable objectives

Manage all execution, including internal team and 3rd party vendors
Read more: CMO Services
Quality of Earnings Report

A Quality of Earnings Report is a vital part of the due diligence process when selling, buying or investing in a business. Preparing a detailed Quality of Earnings (Q of E) analysis can help establish an equitable price that reflects a business’ true viability. A Q of E Report provides an independent comprehensive analysis of all the components of a company’s revenue and expenses. It analyzes and reports on detailed aspects that may not be readily identifiable to a buyer or seller in an ordinary review of the financial statements.

No potential buyer wants to be met with surprises. By providing a professional, third-party analysis of the business, it will be primed for an orderly, transparent and quick acquisition.

A Quality of Earnings Report is a standard component of the due diligence process for private acquisitions. Net income is not always the most accurate indication of financial performance for a business. There are many key details that are not outlined in a company’s income statements. A Q of E Report assesses how a company accumulates its revenues – such as cash or non-cash, recurring or nonrecurring. It reveals unique or unusual factors that characterize the business, that may not be apparent in a standard review of its financial statements.

A Q of E Report helps potential buyers believe in the story of the business, and it enables potential sellers to offer a third party validation of the business’ status. This will make any potential buyer or seller more confident in their transaction.

A Quality of Earnings Report will present financials the way buyers think about them. This process helps eliminate misunderstandings or miscommunications related to accounting interpretations.

AVOID LENGTHY PRICE NEGOTIATIONS

Most private equity buyers use debt to fund transactions, which drives the purchase price. But lenders will not issue final term sheets without the seller supporting his offer with a Q of E study. Proactive preparation of a Quality of Earnings Report helps ensure that valuations presented in letters of intent are more precise and accurate.

The ability to offer a prepared Quality of Earnings Report increases the speed and likelihood of closing. Quality of Earnings studies typically take around 30 days. Completing this concurrently with your due diligence may eliminate delays following the tender of a letter of intent. Remember, “time kills all deals.” Every day that a deal remains static is a day of lost opportunity.

Read more: Quality of Earnings Report
Not-for-Profit Compliance Services

Not-for-Profit organizations rely on independent accounting firms to improve program performance and operations, reduce costs and enable public accountability. Our not-for-profit department conducts financial audits and performs comprehensive compliance examinations. We’ll assist your organization with tax preparation and organizational setup, and ensure regulatory compliance. Our team is dedicated to providing tailored solutions that ensure your organization’s accountability, transparency and operational efficiency.

Audit/review of annual financial statements

Audits of defined contribution + defined benefit retirement plans

Implementation of accounting standards

Internal control studies/reviews

Merger feasibility studies/due diligence

Policy and procedure manuals

Board presentations

Tax preparation and organizational setup

Off-site processing of accounting activity

Employee compensation + benefits structuring

Review of grantees

Budget development

M&A transaction due diligence

Read more: Not-for-Profit Compliance Services
HR Services

As a proud purpose-driven company, Roth&Co appreciates the importance of employees and the process of hiring. Our human resources team assists companies with their employment-related requirements.

Focused on the specific employment needs of your company, Roth&Co can assist in the hiring and placement process for your business, to ensure you and your team always have what you need to thrive.

Read more: HR Services
Client Advisory Services

Leveraging digital and cloud-based platforms, our suite of CAS services seamlessly manages your back-office accounting operations, freeing management to focus on operational, strategic, and growth objectives. Our entry-level service offerings include bill payment, invoicing, comprehensive bookkeeping, and the preparation of complete and accurate financial statements.

Our CFO level offerings include white-glove consulting services, provided monthly or quarterly. A CAS strategic advisor meets with management to review and interpret financial data as it relates to the company’s goals, integrating with management to assist with setting and implementing business goals, strategic planning, and decision-making, all aimed at achieving growth and maximizing profitability.

CAS services will improve your organization’s scalability, cost-efficiency, data accuracy, and ability to focus on core business operations, while delegating accounting functions to our experienced accounting professionals.

Controller Services

CFO Services

Bookkeeping

Accounts Payable

Accounts Receivables

Payroll Processing

Financial Reports

Read more: Client Advisory Services
Levy or Lien Removals

Tax levies and liens can be extremely stressful and difficult to deal with, leaving you feeling worried about the future and unsure of your best course of action. Roth& Co tax controversy professionals have extensive experience in working with the IRS to resolve lien and levy issues. We can help you navigate through IRS rules and regulations to receive the relief you may be entitled to as quickly and smoothly as possible.

Read more: Levy or Lien Removals
Trust Fund Recovery Penalty

Failure to pay over payroll taxes to the government in a timely manner can result in severe penalties. The IRS can be relentless in pursuing businesses for unpaid payroll taxes, and may even go after the business owner personally for their business’s unpaid payroll tax liabilities. It is important to have an experienced tax attorney guiding you. Roth& Co’s tax controversy professionals understand how the IRS investigates such cases and what grounds they rely on to assess trust fund recovery penalties. We can advise you in securing the best possible outcome for you and your family.

Read more: Trust Fund Recovery Penalty
Estate and Succession Planning

Though the word “estate” might conjure up images of gated homes and flowing fountains set on sprawling, impeccably-manicured lawns, in truth, every one of us has an estate. However, many people don’t pay much thought to what would happen to their assets in the event of serious illness, injury, or worse. Without the proper planning, should such an unfortunate circumstance occur, those who matter most to you can be severely impacted. With this in mind, we help individuals plan for their future and maximize their estate, so they can move forward with full confidence and clarity.

Read more: Estate and Succession Planning
Sell-Side Due Diligence
Selling a business is often a lengthy, cumbersome process. And while many business owners are preoccupied with getting the best selling price, the most important factor when conducting a pre-sale valuation is conducting your own due diligence. When done right, sell-side due diligence allows for a more informed and faster sales process, opening up opportunities to boost the value of your business prior to sale.

As part of a merger and acquisition engagement, Roth&Co’s Advisory Services Division will assist you in preparing a business plan or presentation for potential acquirers, guide you on the terms of a sale, and assist you with the due diligence and selling process. At the end of the review, you will walk away with holistic financial insight and perspective of your business.

Phases

Our process begins with an initial information gathering period, effectively laying the groundwork and boundaries for the entire fact-gathering endeavor. This includes reviewing your overall objectives, terms, financial needs, etc. as well as coordination with any other specialists or teams involved.

During this phase, we will:

Review Company Tax Returns

Review Company Financial Statements

Review of Accounting Processes and Quality of Records

Analyze Company’s Financial Performance

Interview Key Personnel

The question on the top of any target’s mind is whether or not your business is a profitable, advantageous acquisition. We will review any and all pertinent documents to help you gain an accurate, unbiased outlook and valuation of your business. This phase concludes with a Findings Report.

During this phase, we will:

Examine Revenues and Gross Profits

Review Payroll and Employee Census

Establish Add-backs and Normalization of Profits

Calculate Pro-forma Financial Statements

Issue a Report of Findings and Recommended Value

Using the insights gleaned from the previous two phases, we will help you prepare a persuasive pitch deck, focusing on your business’ core competencies, and compiling them in a manner tailored to your target buyer.

As part of crafting a pitch deck, we will:

Assist with the Preparation of Financial Projections

Compile Financial Assumptions and Executive Summary

Compile historical financial data

While the prospective buyer is conducting their due diligence, we will assist you throughout the entire process to further ensure there are no surprises.

This will include:

Review Letter of Intent (LOI) or Terms of Deal

Coordinate with Buyer’s Due Diligence Team on Document Request

Review Information to be Provided to Buyer’s Due Diligence Team

Provide Guidance on the Negotiation of Terms
Read more: Sell-Side Due Diligence

1. Planning your estate

2. Implementing your estate plan

3. Filing and documenting your estate plan

4. Monitoring your estate plan

Ancillary Services to Support Estate Planning

1. Trust and Fiduciary Services

The Benefits of a Q of E Report

Enhance Your Positioning

Speak the Buyer's Language

Avoid Lengthy Price Negotiations

Quicker Timeline

NFP Service Suite

Client Advisory Services Suite

Phases

Review Information and Readiness for Sale

Quality of Earnings Analysis

Prepare Pitch Deck

Assistance with Due Diligence Process