Our solution is simple: with our premier professional team and affiliated service providers working together, we can help clientsbetter plan for and manage all aspects of their financial life.
Accounting and Auditing
Systematic accounting and auditing are the foundation of any business. With timely reporting, proper controls, and accurate analysis, a business can manage its growth and meet its fiduciary obligations to stakeholders in a highly complex and competitive marketplace.
St. Clair CPAs ranks among the top certified public accounting firms in the Tri-State area. Public corporations, entrepreneurial businesses, municipal agencies, and nonprofit organizations all rely on St. Clair CPAs for reliable, objective accounting and constructive management consulting, delivered by skilled professionals who are committed to integrating accounting and auditing into a company's strategic business plan.
Each engagement is uniquely designed to meet a client's specific goals and financial requirements with a cost-effective pairing of professional expertise and state-of-the-art technology. Our "hands-on" approach to problem-solving enables St. Clair CPAs to assist clients with realistic recommendations that add value and efficiency to a range of business processes. Our focus is always on the bottom line.
VISION INTEGRITY
Our objective is to operate through St. Clair CPAs, P.C. an independent certified public accounting firm, and to offer access through CPA Financial Group, LLC, wealth management strategies to help our clients achieve their desired goals.
Business Consulting
Entrepreneurs and senior management turn to St. Clair CPAs for consulting support on a wide range of financial, operational, and business issues. Our experience in complex transactions, business valuations, risk management, distributions to owners, succession planning, mergers, acquisitions, liquidations, inventory control, employee benefits and other operational and planning issues enable us to present business owners with a fresh perspective grounded in sound management practices.
St. Clair CPAs can help management develop short and long-term objectives and strategic plans, develop systems for greater efficiency and profitability, plan for business continuity, secure financing, negotiate transactions, and implement cutting-edge technology.
Our partners are highly respected business consultants and leaders in the financial services industry. In addition, clients of St. Clair CPAs benefit from a team of professional advisors through the affiliated companies of St. Clair CPA Solutions.
Business Valuation
If you own a business, want to protect your wealth, or determine how much an asset is worth, business valuation is a widely used discipline that can play a key role in helping you achieve your financial goals. Beneficial to business owners, attorneys, estates, insurance companies, courts, and other users of financial statements, business valuations have many critical applications:
  • Create Buy-Sell agreements
  • Develop an estate or tax plan to protect your wealth
  • Establish a succession plan
  • Determine the value of assets and liabilities for a divorce settlement
  • Assist with selling your business
  • Obtain financing from a lender for the purchase of a business
  • Plan for a merger, acquisition, dissolution, or stock offering
  • Assist attorneys in litigation
  • File an insurance claim
  • Set up an Employee Stock Ownership Plan (ESOP) and other Employee Benefit Plans
  • Ad Valorem Taxes
  • Damage Cases
  • Bankruptcy Reorganizations
  • Bankruptcy Insolvency Determination
Because business valuation is a complex process that integrates a broad knowledge of accounting, finance, economics, business, and recognized valuation methodologies, it is important to determine the purpose of the valuation and what should be included in the estimate of value, so the best valuation method can be applied.
Employee Benefit Plan Audits
St. Clair CPAs, P.C. is committed to helping clients meet their audit and reporting obligations. As a member of the AICPA Employee Benefit Plan Audit Quality Center, our highly qualified accountants and auditors have particular experience in performing quality 401(k) and 403(b) plan audits.
The U.S. Department of Labor (DOL) requires plans covered under the Employee Retirement Income Security Act of 1974 (ERISA) to submit independently audited financial statements. Generally, plans with 100 or more eligible participants are subject to this audit requirement.
In addition to providing businesses and nonprofits with an independent audit of their financial statements for their 401(k) and403(b) plans, we can also:
  • establish accounting records and proper controls
  • assist with plan design and review
  • review and/or prepare IRS Form 5500
  • consult on reporting and filing requirements
St. Clair CPAs, P.C. can ensure your audit and reporting compliance with experienced CPAs who specialize in defined contribution plans for businesses and nonprofit organizations. Our hands-on team delivers the highest quality personal, professional service with integrity and an unparalleled dedication to excellence.
Employee Group Benefits
Personal and business insurance offers more than just monetary protection. When structured wisely, insurance is an integral part of a total financial plan. The insurances you choose can help you maximize your financial portfolio while protecting you, your company, or your employees from the unexpected. Careful insurance planning can save money, build wealth, and mitigate the financial and emotional impact of a minor problem or major disaster.
Smart businesses recognize that competitive employee business plans can help attract and retain talented, satisfied employees. As a core component of any benefits package, insurances add value to a compensation plan and give employees a measure of financial security.
St. Clair CPA Solutions offers comprehensive insurance and benefits services through its affiliate, CPA Financial Group, LLC; many plans are managed by its strategic partner, EBA Consulting, LLC. For businesses and individuals, we combine the industry's best products with cost-effective, custom coverages to create a program that is specific to your needs and financial objectives.
Executive Compensation
Professionals of CPA Financial Group, LLC who are Investment Adviser Representatives through Commonwealth Financial Network , offer advisory services to assist business owners with management and operational issues that impact productivity and profitability for short-term and long-range planning. As part of our comprehensive approach to business planning, our financial professionals can develop both cash and non-cash strategies for executive compensation. Depending on the size and structure of a business, compensation plans may range from a simple, straightforward plan to sophisticated, complex compensation formulas.Compensation plans may include insurance benefits, qualified retirement plans, stock options, personal performance initiatives, and other tax-advantaged non-qualified plans.
Insurance
Personal and business insurance offers more than just monetary protection. When structured wisely, insurance is an integral part of a total financial plan. The insurances you choose can help you maximize your financial portfolio while protecting you, your company, or your employees from the unexpected. Careful insurance planning can save money, build wealth, and mitigate the financial and emotional impact of a minor problem or major disaster.
Smart businesses recognize that competitive employee business plans can help attract and retain talented, satisfied employees. As a core component of any benefits package, insurances can add value to a compensation plan and give employees a measure of financial security.
St. Clair CPA Solutions offers comprehensive insurance and benefits services through its affiliate, CPA Financial Group, LLC; many plans are managed by its strategic partner, EBA Consulting, LLC. For businesses and individuals, we combine the industry's best products with cost-effective, custom coverages to create a program that is specific to your needs and financial objectives.
  • Health insurance
  • Dental insurance
  • Long-term care insurance
  • Permanent life insurance
  • (Whole, Universal, Variable*)
  • Term life insurance
  • (10,15,20, 25, 30-year terms)
  • Group life insurance
  • Short/Long-term disability insurance
  • Personal accident insurance
  • Dependent Care insurance
  • Buy/Sell insurance
  • Business travel insurance
  • Employee benefits
  • 401(k) plans
  • Pension and Profit-sharing plans
  • Cafeteria plans
  • Employee reimbursement accounts
  • Health savings accounts
  • Flexible savings accounts
Investments
St. Clair CPA Solutions provides access to investment services through its subsidiary, CPA Financial Group, LLC.
Our highly experienced professional advisors are Registered Representatives and Investment Adviser Representatives with Commonwealth Financial Network trained to help personal and business clients make investment decisions based on their individual approach to risk and reward. Clients benefit from close personal relationships with their investment advisors, who help to develop an initial wealth management plan, and then monitor and adjust that plan to reflect changes in portfolio, lifecycle, or goals.
To support the very personal service that each client receives, we offer WealthPort - a user-friendly, web-based, financial planning and account aggregation program that allows clients to access all of their financial information in real time from one secure, encrypted, personal internet portal. This unique wealth management platform allows you to keep your accounts current, monitor significant changes in your portfolio, and identify strengths and weaknesses in your portfolio's assset allocation. Working independently or with an investment advisor, clients can access account data and a variety of useful tools to improve analysis, budgeting, cash flow, and more. Clients can also access asset information anytime,anywhere.
As wealth grows, financial planning becomes more complicated. The financial professionals of CPA Financial Group, LLC are specialists in managing complex portfolios, and in guiding clients through a complete array of investment options.
Litigation Support
The certified public accountants of St. Clair CPAs are highly skilled in all aspects of forensic accounting, from pre-trial case preparation through courtroom appearances. Attorneys rely on St. Clair CPAs for investigation assistance, analyzing and translating financial data, and reconstructing lost or stolen records, as well as courtroom testimony.
Our litigation experts have supported clients and attorneys in all kinds of legal actions for nearly 20 years. As a Diplomat of theAmerican Board of Forensic Accounting, St. Clair CPAs is trusted to present theories and provide expert testimony based on accurate financial models, analyses, reports, and theories.
St. Clair CPAs provides support services for litigation in civil,tax, and divorce lawsuits, business interruption and bankruptcy matters, criminal cases, and alternative dispute resolutions. Our experience inlitigation support can be a valuable asset for clients and attorneys alike.
    Contract dispute negotiations and resolution servicesBreech of Contract damage report analysisEmployee wrongful termination damages and reportsBankruptcy services including preference analysis and disbursement agent accountingInsurance recovery services to support business interruption claims and related property lossDomestic relation (divorce) services including property settlements verification and rebuttal consultation
Retirement Plans
St. Clair CPA Solutions offers an array of retirement plan options through its affiliate, CPA Financial Group, LLC; many plans are managed by its strategic partner, EBA Consulting, LLC.
Our planning professionals are highly skilled in creating and managing retirement plans that best meet the lifecycle needs of every individual. We consistently monitor marketplace opportunities and legislation, as well as competitive products and costs, to ensure that your retirement plan continues to deliver optimal benefits to you and your employees.
Our retirement plan expertise is built on broad experience and solid, long-term relationships that extend beyond regulatory compliance to services that can help individuals preserve and build wealth in a tax-efficient manner. Our retirement plan specialists help you analyze and evaluate plan options, manage enrollment and termination issues, and align your retirement plan with your personal and corporate goals.
  • Retirement Plans
  • Pension Plans
  • Profit-Sharing Plans
  • 401K Plans
  • Defined Benefit Pension Plans
  • SEPs & Simple Plans
  • IRAs
  • Roth IRAs
  • IRA Rollovers
Tax Services
Proper tax planning depends on two critical factors: year-round attention to tax and compliance issues, and maintaining current understanding of the ever-changing rules at the federal, state, and local levels.
St. Clair CPAs provide complete, high quality tax services for corporations, partnerships, individuals, estates, and trusts. Our knowledgeable tax professionals work to enhance each client's tax position with a deep understanding of tax requirements and a commitment to year-round tax planning.
Business and personal clients trust St. Clair CPAs to plan effective tax strategies, prepare tax returns and related schedules, provide valuable tax advice, and represent them before taxing authorities. Our goal is always to help clients minimize taxes while realizing every available tax benefit.