Our services

Faulk and Winkler works as one team, driven and committed to helping our clients succeed. Our team understands that personalized, innovative and value driven solutions help our clients to reach their goals. Our collaborative approach and passionate understanding of our clients’ goals is necessary to provide excellent service and to develop meaningful relationships with our clients so that we can understand and exceed their needs.

Faulk & Winkler is a non-traditional CPA Firm who services our clients’ needs and works as business partners with them. We offer unique, in-service, value driven offerings that are personalized to that client. We challenge them to go beyond the traditional routes to get the most production out of the money they spend with us. We are an entrepreneurial outfit that believes in giving personal, more intimate attention so we can be ahead of the curve for our clients. We know what our client’s value and their expectations, and this allows us to be passionate and understanding of their goals. We serve a variety of clientele that all have different needs and situations.

We service clients in the following areas:

• Corporate accounting support
• Business consulting through outsourced CFO services
• Tax strategies and compliance
• Planning and budgeting
• 401(k) plan design administration and compliance
• Audit and attestation
• Internal control review and development


Planning and Budgeting

Are you aware of how much it costs to operate your business each day? Do you know which services or products are your top performers?

If you are not aware of the factors that influence your business, then it’s time to realign your objectives with a fresh business plan. The decisions you make today will impact your ability to achieve future success. The team at Faulk & Winkler will work with you to interpret the numbers, evaluate your budget and compare your expectations to your actual performance. Using our industry knowledge and experience, we will design a plan to help you make your business more efficient.


Internal Control

Internal control studies provide opportunities to assess weaknesses, improve business processes and reduce the risk of fraud. Our team at Faulk & Winkler is trained to evaluate the strengths and weaknesses of your control system and offer suggestions to help your company operate more efficiently and meet expected goals.

We help to minimize surprises by:

  • Reviewing contracts and agreements with one or more third parties

  • Searching for better ways to manage risk, improve control effectiveness and improve process efficiency


Audit & Attestation

Climbing the mountain of endless paperwork can be daunting. Financial statements are one of the best ways to evaluate a business’s performance, but they can be difficult to comprehend. Audit, Review and Compilation are three distinct levels of service relating to financial statement reporting. These reports allow owners and investors to evaluate their business and guide them as they make management decisions.

Audit – An audit is necessary to attest to the accuracy of your company’s financial statements. The process involves a critical review and verification of financial information, providing the highest level of assurance on how your company is performing financially. While the audit is focused on the past, we assess your current procedures and processes to recommend practical suggestions to strengthen internal controls for your future operations. 

Review – The objective of a review is to provide limited assurance to investors or banks that a company’s financial statements are satisfactory. At Faulk & Winkler, we use industry knowledge and analytical procedures to evaluate your business and provide a fair analysis.

Compilation – It is our practice to begin a compilation by gathering details about the industry and the client and then assessing the financial statements for material misstatements. Since a compilation is significantly less in scope than an audit or review, we render the financial statements to management without an opinion or assurance.


Tax Strategies and Compliance

It’s not how much you pay in taxes; it’s what you have left after taxes are paid. In order to achieve your business objectives, you need to balance your short-term burdens with your long-term business decisions. How you plan for and report your taxes can have a significant impact on your business.

At Faulk & Winkler, our goal as tax practitioners is to work closely with you throughout the year to create innovative and customized plans to minimize your tax liability. We believe in providing “strategic” tax compliance and consulting services that align with the needs of your business. Preparation of your tax return is the culmination of 12 months of activity and planning. As a result of our strategic planning process, we are positioned to prepare your return and close your compliance obligation.

The following is a list of tax services we provide to businesses and individuals:

  • Strategic tax planning

  • Individual federal and state tax return preparation and filing

  • Corporate federal and state tax return preparation and filing

  • Partnership return preparation and filing

  • Estate planning

  • Trust/estate return preparation

  • Tax research

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Pension Consulting

Build confidence in your pension plan.
Faulk & Winkler is positioned to help your company meet its pension plan objectives.  As you face increasingly complex regulations, administering 401(k) plans can be difficult.  We actively monitor the laws that relate to retirement fund administration and keep you informed of their impact. Our goal is to help you build a foundation of success and stability for your pension plan by: 

  • designing, installing and administering a plan that fits your business and employees

  • developing a contribution formula based on your specific budget and goals

  • preparing and filing the required documents with the appropriate federal agencies

  • educating your employees on the plan

  • representing you before the IRS and DOL on pension audits

Faulk & Winkler’s Pension Team focuses on the following services:

  • Plan design and implementation, including plan documents and Summary Plan Descriptions (SPD)

  • Administration of Qualified Retirement Plans

  • Compliance testing

  • Calculation of Cross-Tested Profit Sharing Contributions

  • 401(k) Plans

  • Age-Weighted Plans

  • Self-Employed Plans (KEOGH)

  • IRAs and SEPs

  • Retirement counseling and distribution planning  

  • Trust accounting

  • Pension financial audits  

  • Employee benefit planning  

  • IRS/Department of Labor audits


Corporate Accounting

When it comes to your business, you want a CPA with the tools to help you build a strong foundation. At Faulk & Winkler, we offer a wide array of services to help you develop a secure financial support for your new or existing business. We start at the beginning and tailor a cost-effective plan that focuses on growing your business in the most efficient manner. Of prime importance is our focused accounting that identifies the critical metrics impacting your profitability. A successful reporting system provides the tools to guide your decisions toward business success.

We offer the following tools for your corporate accounting needs:

  • Outsourced CFO services

  • Financial statement preparation

  • Budget development, implementation and monitoring

  • General ledger maintenance

  • Cash management

  • Bank reconciliation

  • Accounts receivable

  • Accounts payable

  • Payroll preparation

  • Quarterly and annual payroll tax administration

  • Other payroll compliance reporting (for audits and other third parties)

  • Sales tax reporting

  • W2 and 1099 preparation and filing

  • Software training and installation