Financial Planning for Business Owners and Small Businesses

Aligning Personal Finances with Business Goals

Small business owners are so busy that they often neglect their personal financial planning and personal financial goals. This is a big mistake. Your business financial decisions are inextricably linked to your personal financial decisions. You need to be prepared for whatever events come your way. Whether you want to buy a new business or sell your existing business, meet certain charitable goals, pass along assets or plan for succession—PKHB’s partners and certified valuation analysts work with you to plan for the future and a secure retirement, and take advantage of the provisions, credits and deductions that are legally available to you.

PKHB’s financial planning services assist you in:

• Finding the right employee and owner retirement plans
• Retirement planning
• Funding and planning for college education
• Determining when to take Social Security benefits
• Using tax incentives and deductions to reduce personal and business taxes
• Balancing business and personal tax objectives
• Avoiding the most common tax planning mistakes

PKHB CPA takes the time to understand our clients’ needs. With offices in Catskill, Hudson, Kingston, Saugerties, Valatie and Albany, we learn the nuances of your business and personal situation, and then use what we learn to craft the most advantageous financial plan for your business and your family.

PKHB works with hundreds of small business owners which reinforces our knowledge about what matters to you.

Dennis O’Brien has been my accountant for more than half my life (over 35 years). When I owned Elna Magnetics, he managed that account as well as my personal taxes. When I was ready to sell and retire, he saw me through the complicated transition. Then he guided me during the creation of a horse business, again handling my business and personal tax issues. Dennis has always been there for me. He has ALWAYS been amazingly accessible. He explains everything in terms I can understand. When his firm merged with PKHB, I was worried things would change. For me, the transition was totally seamless. Dennis never missed a beat. I can’t really tell you how relieved I am about this.

Diane Legier, Entrepreneur