The public accounting firm of LaFollett & Company is committed providing the utmost quality service to individuals and businesses. We offer a complete line of professional accounting services in a variety of industries, including municipal government, not-for-profit, charter school, homeowner associations, healthcare, and construction.
Professional Accounting Services
With over 30 years of experience, our firm’s professional services include audits, reviews, tax consultation and preparation, and health care cost reporting.
Financial Statement Audits: We provide professional auditing services to organizations in a wide variety of industries, including not-for-profit, governmental and municipal entities, healthcare, and homeowner associations. Our audit approach is to provide professional auditing services that adhere to strict quality control standards in a timely and cost-efficient manner with minimal interference in the day-to-day operations of your staff.
Financial Statement Reviews: Financial reviews involve analytical procedures and other analysis to provide limited assurance.
Financial Statement Compilations: We provide financial reporting services to a wide range of industries including not-for-profit, healthcare, and water supply companies.
Corporations and Partnerships: Your business entity returns will be prepared by a professional CPA or other experienced tax expert. Our tax specialists are well-trained and remain current on all tax legislation and the latest changes to tax laws. We prepare all returns using the latest technology and resources and offer Federal and State tax returns including corporate and partnership returns, state and local filings, and county property tax renditions.
Not-for-Profit Organizations: Our firm specializes in the audits of not-for-profit organizations and understands the unique issues you face as a non-profit. We can provide expert tax preparation of your entity’s Federal Information Return – Form 990. We can also assist your newly formed organization with the required filings to obtain not-for-profit status from the IRS.
Individuals: Our tax professionals are here year-round to help you with your personal tax needs. Our tax experts are well-trained and remain up-to-date on current and changing tax laws to better assist you. Let us help you with tax planning opportunities and, where possible, minimize your tax liabilities. We prepare all returns using the latest technologies and resources, and offer personal tax planning, preparation of federal and state returns, and help with IRS letters and problems.
Medicare & Texas Medicaid Cost Reporting
Medicare Cost Reporting: Our Certified Public Accountants have extensive knowledge of and experience with Medicare programs and the Prospective Payment Reimbursement System. We hold registration and have access to the CMS Enterprise Portal, which allows us to access the necessary Prospective Reimbursement System Reports (PS&R) that are needed to prepare the annual Medicare cost report. As a full-service accounting firm, we can assist your Agency with all accounting services, including QuickBooks and Federal, State, and Local tax filings.
Medicaid Cost Reporting: Our Certified Public Accountants have extensive training and experience with Texas Medicaid Programs as determined by the Rate Analysis Department of the Health and Human Services Commission (HHSC). Our accounting and tax professionals have completed the necessary cost report training and are certified by HHSC to prepare and sign the annual cost reports for Primary Home Care (PHC) and other Medicaid programs. As a full-service accounting firm, we can assist your Agency with quality accounting services, including QuickBooks and Federal, State, and Local tax filings.
QuickBooks Assistance: Our Certified Public Accountants can assist your company in implementing and utilizing QuickBooks for financial reporting. Our professionals know QuickBooks inside and out, and can offer personalized services based on your unique needs.