Municipalities

Our Municipalities Group provides services to a broad spectrum of government organizations, including municipal governments, rural water districts, fire districts, improvements districts, state and local agencies, public libraries and municipal utility districts.

Few firms in the State of Kansas provide the in depth services that we provide, we currently provide auditing, accounting and consulting services to over 40 governmental entities in Kansas. We are known as the experts when it comes to governmental matters.

Michael Peroo, CPA is the partner in charge of the governmental service group. Michael is the author of the "Finanical Guide to Small Water Utilities". In addition, Michael is a frequent seminar presenter in the State of Kansas. His topics, including Understanding Financial Statements, Understanding and Setting Water Rates, How to Establish a Capital Improvement Plan and many more.

The Governmental Services Group provides specialized services as follows:

 Auditing and Accounting Services

  • Financial Statement Audits
  • Program and Performance Audits
  • Single Audits of Federal Financial Assistance Under OMB Circular A133
  • GFOA Certificate of Achievement Program Expertise
  • Budgeting Assistance
  • Fraud Auditing
  • Agreed - Upon Procedures
  • Accounting System and Internal Control Evaluation
  • GASB 34 Implementation Assistance
  • Software Implementation and Training

Consulting Services 

  • Utility Rate Studies
  • Feasibility Studies
  • Annexation Valuations
  • Internal Auditing
  • Operational Reviews/Efficiency Analysis
  • Policy and Procedure Manuals
  • Strategic & Long-Range Planning
  • Capital Improvement Programs
  • Financial Analysis and Review
  • Benchmarking and Statistical Comparisons
  • Employee Benefits
  • Technology Analysis and Implementation
  • Financing Options

For more information contact us at: info@peroocpa.com

 
HIRE Act
Do you know about the HIRE Act?

The Federal Government passed the HIRE Act to create incentives for businesses to hire unemployed workers.  When a company hires an employee who has not worked a maximum of 40 hours in the immediately preceeding 60 days, the company is eligible for the HIRE Act incentive.  This incentive will save the employer 6.4% (equal to the employer\'s share of the Social Security tax) of the employee\'s wages for the remainder of 2010.  If the employee is employed 52 consecutive weeks, and earns at least 80% in wages for the second 6 months as in the first 6 months, the company is then eligible for an additional $1,000 tax credit in 2011.

 
 
The Small Business Jobs and Credit Act of 2010
H.R. 5297

Changes to Section 179

CHANGES AND HIGHLIGHTS 
  • Total amount available for deduction increased from $250,000 to $500,000
  • Limit of the total amount equipment purchased allowed increased from $800,000 to $2,000,000.
  • New changes are in effect for 2010 and 2011
  • “50% bonus depreciation” has been extended to the 2010 tax year

 
 
Our firm is dedicated to providing continuing
education to our clients. This is done through
seminars, newsletters, and one on one training.

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