Accounting and Assurance
Maximize your profits while minimizing your risk with Sitzberger Widmann Financial consultation and analysis We provide our clients valuable financial analysis and consultation to achieve and maintain maximum profitability. We take a great amount of pride in knowing that we are working to positively...
Management Consulting
If you are considering a new initiative, merger or even a startup, Sitzberger Widmann & Company S.C. can help you maximize your efforts and avoid costly pitfalls. When you steer a ship, you don’t want to be alone. With our experience in the tried and true management methods, along with the...
Tax Consulting / Compliance
Sitzberger Widmann and Company, S. C. is here to personally guide you through the tax reporting process and navigate intimidating tax codes For every action there is a consequence. In the business world, there is a tax consequence for virtually everything your business does ­or doesn’t do. Sitzberger...
Deduction for Qualified Production Activities
Frederick J. Sitzberger The American Jobs Creation Act of 2004 has created a new tax deduction for businesses that engage in production activities in the United States. This deduction will provide a significant tax break for many businesses. The new deduction for domestic production activities is available...
The Banker is Your Best Friend IV
Frederick J. Sitzberger Many times during the year-end planning for our clients they ask me, “Fred, is there one item I should concentrate on for my financials for the bank?” Since I am paid by the hour, I say, “Let me ponder this.” What is most important, current ratio, inventory...
Your Banker is Your Best Friend III
Frederick J. Sitzberger In a previous article, we explained the reasoning behind the line-of credit. Let’s move one more step and discuss the intermediate term loan. This is a three to five year term with a fixed or variable interest rate. The lesson of the term loan was taught to me by a client...
Your Banker is Your Best Friend II
Frederick J. Sitzberger We help many small businesses in our firm from start up to mature businesses-fifteen to twenty years from inception. With all new businesses, I try to always say “Your Banker is your best friend,” as this can provide your company with bridge financing to help during...
The Success of Survival
Frederick J. Sitzberger Ten years ago, as I restarted my public accounting career, I was amazed by the amount of money a client was making. He was in my high school and I never ever imagined he would be this successful. Inquisitive, I asked him how he ever did it. He stated, Fred if you’ve been...
The Process of Thought
Frederick J. Sitzberger We are approaching the tax season. This is the happiest time of the year for us. We have the pleasure of experiencing the positive consequences of proper tax planning for our clients. As previously mentioned, we believe our banker is our best friend. We try to mix taxes paid,...
The Handcuff
Frederick J. Sitzberger Has it ever happened to you? The handcuff is a situation where someone else thinks they have you in the box unable to make any other decision but what they want. For instance, the employee says, “give me a raise or I will quit.” If you look at my picture above you...