BUSINESSES

How we can help you

Molen & Associates uses a holistic and coordinated approach to complex tax issues. Over the last 40 years, we have developed and refined a proven processes to help our business clients succeed not only financially but in all matters of their business.

Most small business owners waste valuable time attempting to manage their finances and records. This time could be far better spent focusing on the service or the clients your business specialize in. The more you can focus on your most profitable actions, the more profitable your business will be.

Leave the tedious, time-consuming jobs of bookkeeping,  accounting, tax preparation and financial forecasting to the professionals! With a team of professionals at Molen & Associates, we won’t only save your time, but your records will be more accurate and you will probably save you money as well. By integrating your bookkeeping and tax preparation, there are deductions that we may uncover throughout the year that will save you money on your taxes.

What We Provide

Bank Reconciliation

  • identify lost checks, lost deposits, or unauthorized wire transfers.
  • detect and prevent embezzlement of funds from within your business.
  • track your business growth and manage your cash effectively.
  • protect yourself from bank errors, fraudulent checks, and other financial crimes directed toward your business

Income Statements

  • we can provide you with regular profit / loss statements that will help you track the operating costs of your business.
  • understand what areas of your business are over / under budget and identify the specific areas that need attention to keep your business profiting.
  • track increases in product sales or returns as a percentage of your sales.
  • determine your current tax liability.

Balance Sheets

  • gives you a snapshot of the financial health of your business at any given point of time.
  • identify and analyze trends in receiving and payables and take prompt action to keep those trends going in a direction beneficial to your company.
  • balance sheets, along with income statements, are the single most important elements for reporting to potential lenders and investors.
  • general ledger management that can help you set up a general ledger system, or identify problems with your current ledger system, that will allow you to eliminate discrepancies and maintain accurate records for your business.

And of course… Tax Planning & Preparation

In Summary

  • Rest easy knowing you have a team of experts to watch over the financial aspects of your business.
  • Know your records are accurate and compliant with laws & regulations.
  • Have more time to focus on the growth of your business.
  • Have a team of advisors that you can consult with when making important decisions for your business.
  • Receive help with enhanced budgeting & cash management.
  • Plan in advance with specific tax tips & strategies.
  • Receive consultation for both short and long-term goals.
Self Employed

Don’t Waste Your Valuable Time on Bookkeeping and Finances… Give Yourself Time to Do What You Do Best!

PAssionately Engaged

We aren't your average tax firm. We specialize in helping you maximize your tax situation and live more comfortably.

Education Focused

We guarantee you will learn something new. If you are looking for an average experience, we probably aren't the firm for you.

Feels Likely FamiLY

We started business 40 years ago out of the Molen's home and to this day, we still treat our clients like family.

 

Other Services

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Business Mastery

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Accounting

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Bookkeeping

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Analysis

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Forecasting

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Payroll

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Tax Preparation

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Tax Planning

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Latest News

Looking for an Accountant?

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Accountable Plans Explained: Turning Reimbursements Into Tax-Free Dollars

An accountable plan lets your business reimburse employees and owners for expenses tax-free. Without one, those same reimbursements become taxable wages. Here’s how it works and how to set one up.

Statute of Limitations: How Long the IRS Actually Has to Audit You

The IRS generally has three years to audit you — but the window extends to six years for large omissions, and never closes for fraud or unfiled returns. Here’s what each rule means for your records.

Statute of Limitations: How Long the IRS Actually Has to Audit You

Statute of Limitations: How Long the IRS Actually Has to Audit YouOne of the most common questions we hear is:“How long do I need to keep my tax records?” or “How far back can the IRS go?”The answer depends on something called the statute...

IRS Information Matching: How the IRS Knows When Something Doesn’t Add Up

Most IRS discrepancies are caught through automated information matching, not audits. Learn how the AUR program works, what gets reported to the IRS, and how to respond to a CP2000 notice.

1031 Exchanges: What Still Qualifies (and What No Longer Does)

A 1031 exchange lets you defer capital gains when selling investment property — but the rules changed in 2017. Learn what still qualifies, the 45/180-day deadlines, and how to avoid the mistakes that kill the exchange.

Passive Activity Loss Rules: Why Your Rental Losses Might Not Be Deductible

Rental properties showing paper losses that disappear on your tax return? Learn how passive activity loss rules work, the $25,000 special allowance, and when your suspended losses can finally be used.

Real Estate Professional Status: Why It’s Harder Than Most People Think

Real estate professional status can unlock rental losses against any income — but the IRS requirements are strict and audit exposure is real. Here’s what you actually need to qualify.

IRS May Owe You Money Under The Kwong Case

Understanding Kwong Refund Recovery and Your Potential Savings What Is Kwong, and Why Should You Care? In early 2023, the U.S. Court of Federal Claims issued a ruling in Kwong v. United States that has significant implications for anyone who filed taxes during...

Why Depreciation Can Create Cash Flow Without Creating Income

Your rental property shows a tax loss even though rent is hitting your account every month. That’s depreciation working as designed — reducing taxable income without reducing cash. Here’s how it works and what it means for your taxes.

Cost Segregation: When It Works, When It Doesn’t, and When It Backfires

Cost segregation gets pitched as one of the most powerful tax tools available to real estate investors — and it can be. But the conversations that leave out the conditions, the limitations, and the moments it turns against you are the conversations that lead to...

Schedule a Discovery Meeting

One Hour Discovery meeting for business owners looking for an advisor to help them with accounting and tax preparation to see if we are a good fit.

Monthly Newsletter

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Latest News

Accountable Plans Explained: Turning Reimbursements Into Tax-Free Dollars

An accountable plan lets your business reimburse employees and owners for expenses tax-free. Without one, those same reimbursements become taxable wages. Here’s how it works and how to set one up.

Statute of Limitations: How Long the IRS Actually Has to Audit You

The IRS generally has three years to audit you — but the window extends to six years for large omissions, and never closes for fraud or unfiled returns. Here’s what each rule means for your records.

Statute of Limitations: How Long the IRS Actually Has to Audit You

Statute of Limitations: How Long the IRS Actually Has to Audit YouOne of the most common questions we hear is:“How long do I need to keep my tax records?” or “How far back can the IRS go?”The answer depends on something called the statute...

IRS Information Matching: How the IRS Knows When Something Doesn’t Add Up

Most IRS discrepancies are caught through automated information matching, not audits. Learn how the AUR program works, what gets reported to the IRS, and how to respond to a CP2000 notice.

1031 Exchanges: What Still Qualifies (and What No Longer Does)

A 1031 exchange lets you defer capital gains when selling investment property — but the rules changed in 2017. Learn what still qualifies, the 45/180-day deadlines, and how to avoid the mistakes that kill the exchange.

Passive Activity Loss Rules: Why Your Rental Losses Might Not Be Deductible

Rental properties showing paper losses that disappear on your tax return? Learn how passive activity loss rules work, the $25,000 special allowance, and when your suspended losses can finally be used.

Real Estate Professional Status: Why It’s Harder Than Most People Think

Real estate professional status can unlock rental losses against any income — but the IRS requirements are strict and audit exposure is real. Here’s what you actually need to qualify.

IRS May Owe You Money Under The Kwong Case

Understanding Kwong Refund Recovery and Your Potential Savings What Is Kwong, and Why Should You Care? In early 2023, the U.S. Court of Federal Claims issued a ruling in Kwong v. United States that has significant implications for anyone who filed taxes during...

Why Depreciation Can Create Cash Flow Without Creating Income

Your rental property shows a tax loss even though rent is hitting your account every month. That’s depreciation working as designed — reducing taxable income without reducing cash. Here’s how it works and what it means for your taxes.

Cost Segregation: When It Works, When It Doesn’t, and When It Backfires

Cost segregation gets pitched as one of the most powerful tax tools available to real estate investors — and it can be. But the conversations that leave out the conditions, the limitations, and the moments it turns against you are the conversations that lead to...

Looking for an Accountant?

Schedule a Discovery Meeting

One Hour Discovery meeting for business owners looking for an advisor to help them with accounting and tax preparation to see if we are a good fit.

Subscribe Now