Accounting Services

Arline+Wiggins offers a complete range of accounting services, including receivables, payables, and payroll management. We prepare financial statements for use by banks, investors, and other third parties. Our firm will also prepare custom financial reports for internal, managerial use.

Bookkeeping/Write-Up

Our firm provides full-charge bookkeeping services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and receivables and payables tracking and analysis.

Accounting Software Selection & Implementation

Need help with accounting software selection and implementation? Our firm will help you select the software that's right for you and will teach you how to use it effectively.

Cash Flow & Budgeting Analysis

Our firm offers expert cash flow and budgeting analyses that can help you minimize cost overruns, lost purchase discounts, and uncollectable receivables. Many of our clients state that these value-added services are indispensable.

Financial Forecast and Projections

Our firm provides complete financial and business forecasting services, including performa projections. We will also customize -What If- planning scenarios to help management foresee and plan for unexpected business contingencies.

Financial Statements

Our firm prepares professional, GAAP-compliant financial statements as well as tailor-made financial analyses that can help business owners and managers eliminate inefficiency and realize a business's full profit potential.

Reviews and Compilations

Our firm offers full Review and Compilation services for small to medium sized firms.


Tax Preparation Services

Tax Planning

Our tax services include continuously monitoring federal, state, and local tax law changes to assure that its clients minimize current and future tax liabilities. If necessary, we can implement tailor-made due-date tax compliance monitoring systems to prevent costly interest and penalty assessments attributable to late filing.

Tax Preparation

Our firm offers professional preparation of all federal, state, and local tax returns at competitive, affordable rates.

IRS and State/Local Representation

Our firm knows the tax laws, and we know how your tax return was prepared. We can provide complete representation services before the IRS as well as state and local taxing authorities. We are also experienced in negotiating Offers in Compromise with the IRS.

Sales Tax Services

Our firm prepares all sales tax filings and offers full sales tax audit representation.

Payroll Service

Our firm offers a highly personalized, professional payroll service specifically designed for YOUR business. Over the years we have strived to offer our clients the highest quality professional services with utmost personal care. You will find the same level of unsurpassed commitment from us in satisfying YOUR payroll needs. You will also benefit from the overall professional acumen of our firm and our intimate knowledge of your total financial picture.

Estate, Gift and Trust Tax Return Preparation

Our firm provides expert preparation of federal and state estate, gift, and trust tax returns.


Strategic Business Planning

A Strategic Business Plan is much more than a tool to obtain financing. If you still have all you plans and ideas locked up inside your head... preparing a strategic plan helps you clarify your company's direction, ensures your key leaders are all "on the same page", and keeps both management and staff focused on the tasks at hand.

A Strategic Plan is often needed when...

  • Starting a new venture, product or service
  • Expanding a current organization, product or service
  • Buying a new business, product or service
  • Turning around a declining business

The Strategic Plan provides a blueprint, describing your company, its products, the competitive environment, management team, financial health, and business risks.

Incorporation and New Business Analysis

Our firm can set up a new corporation, partnership, or LLC. We will advise you on the advantages and disadvantages of the different types of entities you can choose. Our firm can assist in market evaluations for new business and business valuations for the purchase of an existing business.

Incorporation Services

Set up a Corporation

Management Consulting

Our firm offers complete management advisory services, including systems implementation and management, cost controls, employee benefit plan restructuring, and much more.

Business Succession Planning

Stop wondering if and how your business will continue without you there. As experts in business succession planning, our firm can suggest many courses of action to provide assurance that your business will enjoy a smooth continuance and that your heirs and business associates will be well protected.


CFO Services

As your business grows, you may find yourself needing professional financial advice like a full-time CFO or controller.

If so, Arline Wiggins is perfect for you. We can provide you with a professional financial manager who will work with you to help you continue to succeed.

The typical cost of hiring a full-time CFO can be anywhere form $60,000 to $100,000+ per year (not including bonuses and benefits!) We offer part-time experienced CFO's who will support your business at a fraction of the cost.

At Arline Wiggins, you'll get a wide range of services with a Part-Time CFO:

Overall Improved Efficiency

  • More time to focus on your customers, services and other aspects of your business
  • Better understanding of your finances: more control and fewer surprises!
  • Improved decision-making: see the true numbers of your business
  • Tranquility in knowing that your business's finances are being properly managed
  • Improved quality and timeliness of financial information

In-depth Analysis

  • Profitability analysis by service or product line
  • Trend Analysis
  • Equipment purchases, expansion

Professional Assistance

  • To establish strong financial controls
  • Budget preparation and monitoring
  • Define long-term plans and quantification of goals
  • To be your liaison with bankers, attorneys, vendors, insurances agents, etc.
  • Obtaining financing from banks, including assistance with negotiations
  • Mergers & acquisitions
  • Cash Management
  • Tax saving strategies
  • A readily available sounding board to help with the tough choices

Internal Control Systems

At times you may need a trained outside professional to evaluate your company's operations to determine if the appropriate controls are in place to ensure proper handling of resources and to protect yourself from employee theft.

We assess your internal control systems to determine the efficiency and effectiveness of your operating procedures. Then we make recommendations that help your company become stronger and more profitable by correcting any inefficient or ineffective operating procedures we find.

What we do for you...

  • Implement segregation of duties so that duties are divided, or segregated, among different people to reduce risk of error or inappropriate actions. No one person has control over all aspects of any financial transaction.
  • Make sure transactions are authorized by a person delegated approval authority when the transactions are consistent with policy and funds are available.
  • Ensure records are routinely reviewed and reconciled, by someone other than the preparer or transactor, to determine that transactions have been properly processed.
  • Make certain that equipment, inventories, cash and other property are secured physically, counted periodically, and compared with item descriptions shown on control records.
  • Provide employees with appropriate training and guidance to ensure they have the knowledge necessary to carry out their job duties, are provided with an appropriate level of direction and supervision, and are aware of the proper channels for reporting suspected improprieties.
  • Document policies and procedures and making them accessible to employees. The documented policies and procedures provide day-to-day guidance to your staff and continuation of duties in the event of prolonged employee absences or turnover.
  • Review operations to ascertain whether results are consistent with established objectives and goals and whether the operations are being carried out as planned.

Industries

Our clients represent many different industries. If your industry isn't listed here, please don't feel left out. If there's one thing we know, it's how to grow and expand to meet our clients' needs. By combining our knowledge with the that of our affiliates, relying on experience with similar clients, and then by adding our ever-present desire to increase our capabilities, we're confident that we can make you a believer, no matter what industry you're in.

  • Automotive dealerships
  • Advertising and Marketing
  • Appraisers
  • DME Equipment suppliers
  • Government entities
  • Hospitality
  • Insurance agencies
  • Investment advisory
  • Law firms
  • Leasing
  • Manufacturing
  • Medical services
  • Non-profit organizations and Foundations
  • Real estate and Construction
  • Restaurants
  • Retail and Wholesale trade
  • Software
  • Sports professionals
  • Technology and Web development

Testimonials

  • “We have been clients of Arline and Wiggins for 15 years, and they have helped us to manage our small business and personal finances. They have a strong team of professionals working with them who are always available when we need help with something. We are very comfortable talking with them and know they will give us their best advice to help us through any situation that may be troubling. Someone is always available to answer any questions we may have. They will listen to your business and personal needs, help you manage your money, and help you save money and manage your spending. They are always looking out for our best interests and they have been good friends to us throughout the years that we have worked together.”

    Dustin and Lynn Lewis
    Dustin Lewis Appraisal Associates, Inc.

  • “What we love about Arline and Wiggins is their ability to make tax season as pleasant as possible. They are a wonderful group of people to work with, and they are always available to help with any need. They helped us to organize 11 file drawers of paperwork by scanning and organizing the necessary papers and shredding the rest. We were almost to the point of the paper taking over our home of 25 years!”

    Dr. Huitt and Joyce Mattox

  • “I have been working with Arline and Wiggins for over 20 years. They are extremely attentive to my family and business finances, and they provide advice and guidance in helping to reach goals. Jenny and Joel give our business a great deal of personal attention and are very hands-on. They provide the most up-to-date information to help us navigate the ever-changing landscape we all face in the world of taxation. They are an excellent accounting firm, and they are highly recommended.”

    Chip Champion
    Champion & Magbee Financial Services