M. V. KUPER, P. C.

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M.V. Kuper, CPA, Certified Public Accountants, Wheeling, Illinois. Certified Public Accountant, CPA-PFS-CFE, Specializing In Personal Financial Planning, Business Tax Planning. Buy / Sell Agreements Buying or Selling A Business - If you plan to sell your business to a family member, partner, employee, or an outside party, give serious consideration to using a buy-sell agreement. 401(k) If your company already has a profit sharing plan or other "defined contribution" plan, a 401(k) option is easy and inexpensive to add. Your only additional expense is the administration cost. With a pre-existing plan, theses added costs are generally low. If you are setting up a new qualified plan, the expense and paperwork of adding a 401(k) option along with your plan is minimal. Pension Plans Sponsoring a retirement plan for your employees can be an effective way to attract and retain talented workers and may serve as an excellent tax shelter for your own retirement savings. When all requirements are met, contributions to employer-sponsored pension plans are tax deductible and participants are not taxed on the contributions of investment earnings until they receive benefits from the plan. Various changes made by the 2001 Act - including increased contribution, benefit, and deduction limits - make sponsoring a retirement plan more attractive than ever. Profit Sharing Plans Profit sharing plans are highly popular, and for good reason. They offer the most flexibility when it comes to making contributions. Company contributions may be determined by a formula written into your plan or at the discretion of your board of directors or other governing body. Certified Fraud Examiner Increased awareness of fraud combined with different laws and regulations have increased the demand in the workforce for specialists who are highly skilled at attacking fraud. We work with businesses to design custom fraud programs that meet their particular needs.