Why should I choose Donahue & Associates LLC?
Answer: At Donahue & Associates, we are a full-service CPA firm. We can provide compilations, reviews, and audits of your financial information. We handle accounting, payroll, and all aspects of your tax needs. We work with individual tax clients, single owner businesses and small, medium and larger corporations. We have many years of experience with banking needs and requirements. We will provide you a partner and consultant to help your decision making process so you are able to make more correct decisions faster and easier. Donahue & Associates has a team of members ready to guide you through the complex world of individual and business taxation as well as all the financial aspects of your personal or business needs. We are your one stop CPA firm.
What are the fees for our services?
Answer: Our general fee is $200.00 per hour. A basic individual tax return with minimum schedules range from 300-450 dollars. Business fees are based on the scope of the work to be performed. We offer a complimentary initial consultation to determine our fee in advance. Donahue & Associates LLC does not charge for general phone calls or emails.
What type of experience do you have?
Answer: Our team consists of CPA’s, Enrolled Agents, Senior, Payroll, & Staff Accountants willing to assist you with all of your accounting and income tax needs. We are qualified to represent you before the Internal Revenue Service and State Taxing Agencies. Donahue & Associates LLC has well over one hundred fifty years of combined experience in Public Accounting. Our entire staff regularly exceeds the requirements of continuing education. You will be assigned to one of our staff members who will help you navigate the complex world of accounting and tax.
How can you help my business?
Answer: Donahue & Associates LLC provides experienced staff to help you understand and manage your own finances better. We provide fast, correctly analyzed information that will allow you to make more informed and timely decisions. We are available to you year round and have extended hours which include nights and weekends during income tax season.
What type of clients do you serve?
Answer: Donahue & Associates LLC serve a variety of clients such as manufacturing, medical professionals, retail establishments, restaurants, construction contractors, engineers, mechanics, and landscapers just to name a few. We work with individual tax clients, all businesses, including various partnerships and privately held companies. We are Quick Books pro advisors. We offer consulting, Quick Book Services, notary public, business start-up, tax planning and complete payroll processing. We look forward to building a long-lasting relationship with you.
What should I bring?
Answer – as applicable:
1) Previous years tax return.
2) All copies of W-2, 1099 and K-1 Forms.
3) Year-end lender loan statement form 1098, settlement sheets regarding refinanced or property purchased or property sold during the year.
4) Form 1099 reporting all mutual fund and stock sales for the year as well as purchase date and cost information.
5) Form 1099 reporting unemployment, state tax refunds, social security, gambling, retirement distribution and rollovers.
6) Name, address and identification numbers of all childcare providers.
7) All correspondence from IRS and State tax authorities.
8) Anything else you consider maybe helpful.
What accounting services do you offer in Grafton, WI?
We provide full-service bookkeeping, financial-statement preparation, payroll, General Ledger Maintenance and year-round advisory work. All services are tailored to each client’s industry and growth stage. See the full list on our Accounting Services page.
What’s the difference between a CPA and an accountant, and why choose a CPA?
A Certified Public Accountant (CPA) must complete 150 hours of collegiate study, pass a four-part Uniform CPA Exam and meet Wisconsin’s ongoing ethics and CPE requirements, whereas the generic term “accountant” carries no license mandate. Selecting a CPA means your financial statements and tax filings are handled by a credentialed professional who can also represent you before the IRS.
When are property-tax installments due in the Village of Grafton?
Real-estate and business personal-property taxes follow a three-installment schedule: January 31, March 31 and May 31 for payments made to the Village; any remaining balance is paid to Ozaukee County by July 31.
When does my Wisconsin LLC have to file its annual report?
Your LLC’s annual report is due each year during the quarter of its anniversary month (e.g., a company formed in July files between July 1 and September 30). Reports are filed online with the Department of Financial Institutions and there is no late fee, but failure to file for three consecutive years triggers administrative dissolution.
Do online or out-of-state sales require Wisconsin sales-tax collection?
Yes. The state’s “marketplace provider” rules make remote-seller platforms responsible for collecting Wisconsin sales tax, but independent sellers that exceed $100,000 in Wisconsin revenue must register and remit tax directly. We can help you obtain or update a seller’s permit through our Tax Services.
What business records should I keep, and for how long?
The IRS recommends retaining income and expense documentation for at least seven years, and property basis records for as long as you own the asset. A reliable system—digital or paper—should summarize every transaction daily.
Can you set up and train my team on QuickBooks?
Yes. Our staff includes experienced QuickBooks ProAdvisors who can setup, customize and train your team on QuickBooks Online or Desktop, giving you access to exclusive support tools.
