McCain and Samons LLC is a full service Accounting and Consulting firm that provides a full line of tax, audit, accounting, litigation support, business valuation and consulting services.
These services are provided to a widely diverse clientele comprised of many industries. Our partners, Mathew McCain CPA and Anthony Samons CPA are two of the most highly recommended certified public accountants serving Florida’s Treasure Coast.
- For Profit Companies – Non SEC
- Construction Industry
- Not-for-Profit Organizations
- Medical Industry
- Import – Export Industry
- Equestrian Industry
- Real Estate Holdings & Development
- Manufacturing & Distribution
- International Tax & Accounting
- Condominium & Homeowner Associations
- Legal Industry
For Profit Companies – Non SEC
McCain and Samons play a vital role in helping its clients make better use of their resources and increasing efficiency and profitability. With careful planning and and professional guidance, you can learn how to start, manage and successfully grow a business.
Privately owned businesses are often required to prepare financial statements at the request of bankers, outside investors, and prospective buyers. Likely the request is for for financial statements that have been compiled, reviewed, or audited by an independent certified public accounting firm.
As independent business advisors to our clients, McCain and Samons provides a comprehensive range of accounting, tax and consulting services to our for profit clients. We are committed to the highest professional standards and require that financial reports for non-public companies adhere to the strict guidelines required by our membership in the American Institute of Certified Public Accountant’s Peer Review Program.
McCain and Samons professionals understand that a balanced business is the foundation for success in an often volatile industry. Through client service and unique experience, we have developed broad, firsthand knowledge of important economic and tax issues our construction industry clients face.
Anthony D. Samons CPA CFF is the partner in charge of the firms Construction services team. He has over twenty years of public accounting experience as well as extensive hands on commercial construction and roofing experience.
He has over a decade of experience with assisting construction industry clients with the surety bonding process. McCain and Samons can also assist clients with construction feasibility studies to assist clients with assessing the viability of proposed construction projects.
McCain and Samons professionals work with numerous not-for-profits with diverse missions and purposes. We’re committed to service that goes above and beyond traditional accounting needs, such as offering recommendations that strengthen internal controls and maximize board and donor relationships.
Regardless the focus of your exempt organization – veteran, education, arts or service focused; or a museum, association, community center or house of worship – our mission is to help you fulfill yours. We directly align ourselves with your mission, allowing us to offer meaningful guidance and strategic solutions that help you identify opportunities in all faces of your unique organization, including:
Financial Accounting and Advisory Services
- Financial statement audits, reviews and compilations
- Management and compliance of funding sources
- Board Governance, including audit committee oversight and Code of Ethics design
- Fraud audits
- Operational reviews
Tax Compliance & Planning Services
- Form 990 Preparation
- Applications for exempt status
- Unrelated business income tax
- Public charity status
- State filings
The healthcare industry is a highly regulated and ever changing business environment. McCain and Samons understands that in order to stay competitive and be successful, it is more important than ever that your practice have access to high-quality professional guidance and support from trusted business advisers.
With cost rising and reimbursements declining, you need a financial partner who can help it’s clients improve cash flow and profitability, maximize tax savings and plan for your future. McCain and Samons not only understands how medical practices operate, we understand the key issues facing your industry. Through dependable and accurate financial reporting, we can help you make better management decisions.
Import – Export Industry
Many entrepreneurs, especially in immigrant communities, start import and export businesses trading with their former countries of residence. They know markets very well and can quickly adjust their product mix to take advantage of changing customer tastes and preferences.
At McCain and Samons, we understand how import and export businesses operate. Having helped many local businesses start up and grow their operations, we know the issues an import – export business faces.
Are you passionate about horse riding? Do you frequent horse shows? Do you own horse stables or manage a horse farm, or promote a stallion or thoroughbred? If you answered yes to any of the above or you spend any money in the horse world, it might be time to think about the financial side of your passion. You could be missing out on important tax deductions.
From owners to trainers to related employees and businesses, our clients have come to rely on McCain and Samons to provide insight into the unique accounting and tax issues that the equestrian industry often face. We understand that the IRS looks harder at certain businesses than others and equine and other “farm related” businesses get a harder look than most.
Real Estate Holdings & Development
We know that real estate investors and development companies have specific financial and accounting needs. Whether you are an individual investor who owns a small rental property or an international development company, McCain and Samons can provide knowledge and advice for your accounting and business planning needs that will help you to compete in today’s marketplace.
McCain and Samons has experience assisting real estate and development clients to develop and implement effective business solutions. We also evaluate tax issues involved in acquisitions, ownership and sales. We offer performance based projections and forecasts that enable our clients to make determinations about property investment or prospective
investor purchase. Reviews of income loss/allocation issues, analysis of like kind exchanges, and financial reporting are other services we provide to our clients.
McCain and Samons works in tandem with your professional advisers to develop a comprehensive plan of service. Our firm works in close collaboration with attorneys, investment advisers, trust officers, bankers, insurance representatives and financial planners to achieve our clients objectives.
Manufacturing & Distribution
McCain and Samons Manufacturing and Distribution Services Team members are problem solvers who focus on helping businesses meet their unique tax, financial and operational objectives. We are committed to offering value-added service, such as recommendations that strengthen inventory control, supply chain management and operational management.
We strive to go above and beyond to assist your manufacturing/distribution company increase productivity and profits, while decreasing surprises with inventory, shipping, labor, material costs and more through these specialized consulting services:
- Audited, Reviewed and Compiled Financial Statements
- Operational assessment
- Performance measurement and benchmarking
- Capital formation and financing; exit strategies
- International taxation, accounting and consulting
- Merger & acquisition due diligence
- Inventory costing
- State and federal economic incentives
International Tax & Accounting
International tax management is growing increasingly complicated for companies operating globally. At McCain and Samons, our tax and accounting professionals bring both in-depth and up-to-date knowledge of international rules to help businesses streamline and manage tax processes more effectively, and craft competitive tax strategies.
US Investment: Whether a foreign company or foreign individual is investing in the U.S. for the first time or has done so for many years, McCain and Samons can assist in meeting statutory reporting requirements and exploring ways to minimize the impact of gross and net income taxation.
International Tax Accounting: The Sarbanes-Oxley Act of 2002, as well as increasing complexity in tax law, has made ASC 740 (FAS 109) increasingly significant. McCain and Samons specialist can help tax departments develop and implement cost-effective, efficient processes that are accessible, visible, transparent, and adhere to the controls required by global regulations.
Condominium & Homeowner Associations
McCain and Samons has many years experience of accounting, audit and regulatory compliance experience in supporting some of the largest condominium and homeowner associations in the Treasure Coast. We also assist associations with taxation issues and tax planning, budget preparation and calculations of reserves.
Financial reporting for associations in Florida is rigorous, especially for condominium associations. Many community associations in Florida meet the state’s criteria of annual gross revenue and number of homes to require a Certified Public Accountant (CPA) to perform compilations, reviews and audits.
In addition, McCain and Samons tax and accounting professionals have the expertise to recognize reporting discrepancies and deficiencies and recommend actions to ensure associations remain in compliance with local, state and federal tax and reporting regulations.
McCain and Samons LLC is a leading provider of Litigation Support, Forensic Accounting and Business Valuation Services in Florida’s Treasure and Space Coasts.