Addressing all your accounting needs
Two practice areas 280 combined years of practice

Successful individuals, businesses and organizations have accounting needs greater than just tax planning and preparation, so we offer a diverse roster of accounting services to fully address the issues at hand. As our client, you can count on our team to deliver the services you need.

Manufacturing & Distribution

Whittaker Cooper understands that manufacturing is a specialized industry. We take the time to understand your business so we can help you find solutions and meet your specific needs. Our team of experienced professionals can provide a full range of services in addition to the traditional auditing, tax and consulting services:

  • Budgeting and forecasting
  • Business succession planning
  • Inventory flow analysis
  • Cost accounting and cost reduction recommendations
  • R&D tax credit
  • Business trend analysis
  • Uniform capitalization

Construction

Whittaker Cooper has served the construction industry for over 30 years. Our clients cover a wide range of specialty areas such as commercial and residential construction, hotel renovations, fire alarm and suppression systems, and excavation. Some of our specialized services include:

  • Percentage of completion method of accounting
  • Evaluation of job costing systems
  • Internal control review
  • Revenue accounting and analysis
  • Business trend analysis
  • Uniform capitalization

Employee Benefit Plans

We are experts in the rules and regulations that govern Employee Benefit Plans. Our team has extensive experience auditing and filing form 5500. We offer audits for single and multi-employer plans including:

  • 401(k) and 401(a)
  • 403(b)
  • Defined benefit
  • Profit sharing
  • Employee stock ownership plans (ESOP)
  • Health and welfare plans

Government Entities

Governmental accounting requires specialized training and experience. Our team is fully compliant to perform audits under Government Auditing Standards (Yellow Book) and the Federal Single Audit Act, OMB A-133. One of our concentrations is charter schools, but we perform audit engagements for a wide variety of entities that receive government funding. We can help you address a variety of challenges such as:

  • Compliance requirements with regulatory agencies
  • Internal control review and mitigating risks
  • Budget planning and management
  • Fund balance management

Non-Profits

Whittaker Cooper has built a special reputation for service to the nonprofit sector. We are proud to serve some of Brevard County’s most recognized organizations as they strive toward their mission of community support and development. Our team has experience with a variety of non-profits including private foundations, recreation and sport charities, cultural and art, research and awareness as well as leadership programs. The IRS Form 990 has become increasingly complex and our team stays up to date with the ever-changing environment. We provide a variety of consulting services to our non-profits:

  • Preparation of exempt applications
  • Maintaining compliance with grants
  • Internal control review
  • Budget analysis
  • Technology consulting

Home Owner Associations

Whittaker Cooper understands that home owner associations have their own intricate complexities and ever evolving regulations. We can work with your management company or directly with the board of directors in meeting the unique reporting requirements of your HOA.

Government Contractors

Whether you are just getting started in business or have been providing services to the government for years, understanding the complexities of this constantly changing environment can be very time consuming and costly. Our team can minimize your risk and maximize contract profits by helping you anticipate problems and develop innovative approaches and effective solutions. We provide consulting services in all aspects of government contracting accounting. We can assist you with important areas such as:

  • Defense contract audit agency (DCAA) audit support
  • Prepare incurred costs reports (ICE submissions)
  • Compliance with regulatory agencies
  • Calculate indirect rates
  • Proposal preparation and evaluation
  • Accounting software selection
  • Understanding the Federal Acquisition Regulations (FAR) and other government regulations
  • Enhance cost accounting, billing and collection processes
  • Cost pool allocations
  • Accounting system consultations
  • Wage and compensation issues

Other Practice Groups

  • Healthcare
  • Hospitality/restaurants
  • Professional services firms
  • Service industries
  • High-tech industries
  • Real estate
  • Automobile dealerships

Whittaker Cooper’s full service audit department provides a wide range of assurance and attestation services. We use a risk based model approach for audits, specific to the industry and use our resources in the most cost-effective and efficient manner. At Whittaker Cooper, we believe a well-thought-out and properly conducted audit or review engagement can provide insight into operational efficiencies, business opportunities, and internal control weaknesses. Our team has the resources and extensive knowledge required to perform these services across a wide variety of industries.

Our highly experienced audit and attestation team provides the following services:

  • Audits
  • Reviews
  • Compilations
  • Agreed upon procedures

We go beyond just preparing tax returns. Since tax laws are constantly changing and increasing in complexity, you may find it challenging to determining their impact. This is why we place a strong emphasis on tax planning and strategies to help ensure you are paying the lowest amount of taxes possible. Our knowledge of your life and/or your company and the general business environment enables us to identify and pursue all available options. You can count on the strength and expertise of Whittaker Cooper to keep pace with you as your life and business evolve.

While it’s common to focus on taxes during tax-preparation season, mitigating your current and future tax obligations really calls for year-round planning.

At Whittaker Cooper, our professionals do both – tax preparation and planning. We help you pay only what you owe to the IRS by providing thorough tax-preparation services and offer ongoing consultation throughout the year and at year-end, taking into consideration your full financial picture, and making decisions with tax implications in mind.

Both individuals and businesses can benefit from tax planning. We customize strategies to your circumstances, helping you understand the tax effects of your financial decisions, whether for your personal situation, as part of your trust or estate plan or on behalf of your business.

Our professionals are dedicated to providing you with the highest quality planning services to effectively help minimize your tax liabilities, keeping your plan updated in light of changing tax laws, as well as developments in your personal or business situation.

Let us help mitigate your tax liabilities by developing an integrated and flexible plan, updated in light of changing tax laws and new developments in your personal or business situation.

Services we offer include:

  • Individual tax planning
  • Corporate tax planning
  • Partnership tax planning
  • State and local tax issues
  • Federal and state income tax returns, including multi-state returns
  • Federal and state gift tax returns
  • Federal and state trust and estate income tax returns
  • Federal and state exempt organization returns
  • Same sex couples tax planning
  • Tax audit representation
  • Preparation of U.S. tax returns for U.S. citizens abroad
  • Preparation of U.S. tax returns for nonresident aliens and dual-status taxpayers
  • Retirement planning
  • Business succession planning

With increasing wealth and success comes more estate and succession responsibilities, yet the time you have to address them becomes scarcer. You can rely on us to keep current on the ever-changing tax laws and, most important, how they impact you and your life. We will provide our guidance and work with your attorneys and other professionals to help them make the best decisions possible for high-net-worth tax planning and compliance. Our high-net-worth clients have access to a full range of services, including tax return preparation, tax planning, trust tax planning, and special projects.

Services we offer include:

  • Quarterly estimated tax requirements
  • Charitable giving maximization
  • Year-end tax planning including alternative minimum tax considerations
  • Individual retirement tax planning
  • Gift and estate planning
  • Trust tax planning
  • Family office services
  • Review of tax law changes and their impact
  • Additional specialty compliance services
  • Code Section 1031 tax-free exchange planning

Whether it’s providing income for a spouse, educating children or grandchildren or leaving money to your favorite charity, proper estate planning can help ensure that your assets accumulated over your lifetime are preserved for the use you have intended.

A well-designed trust or estate plan can effectively help mitigate your family’s tax burden. We can offer financial strategies designed to efficiently manage the transfer of wealth from one generation to the next, and mitigate related tax issues.

By coordinating our efforts with your tax and legal professionals and working closely with you and your family, we will strive to help you establish a financial tradition that can be passed on for generations.

Services we offer include:

  • Review of wills for tax implications
  • Review of trust documents for tax implications
  • Detailed estate planning
  • Estate transfer procedures
  • Elder care coordination
  • Fiduciary and estate tax return preparation
  • Gift tax filing and planning
  • Lifetime gifting
  • Estate and trust final accounting
  • Property management plan

Finding the right accounting software can be difficult and learning to use it can be even more challenging. At Whittaker Cooper, we know accounting and we know accounting software and we are happy to share our knowledge with you.

We provide services for most small-to-mid-size business software applications, based on your company’s needs.

Services we offer include:

  • Providing assistance with software selection
  • Setup and training
  • Data file analysis, troubleshooting and maintenance on existing systems
  • Design of internal reports to assist you in monitoring and managing your company’s financial well-being

We have a team of certified QuickBooks Pro Advisors that can lead you through your first time setup of the QuickBooks software and get your business up and running without delay. Our team is available for questions via phone or email or one of our advisors can visit your office for troubleshooting or one-on-one training.

A business succession plan helps you address and resolve many important considerations. Should you transfer ownership to family members or employees or perhaps an outside party? Shouldn’t you have an orderly plan in place in the event of an incapacitating health event or death? How can I pull money out of the business in a tax-efficient manner? We help you answer these important questions and smooth the transition by building a solid business succession plan.

Our professionals can help you develop a succession plan and discuss available exit strategies. We can identify improvements or changes to potentially increase market value, implement strategic interim initiatives and execute the plan at the appropriate time.

Services we offer include:

  • Long-term ownership and management
  • Ownership transfer
  • Change in control
  • Succession planning
  • Multigenerational succession planning
  • Management buyouts
  • Business sales and purchases
  • Exit strategies
  • ESOP succession planning
  • Mergers and acquisitions
  • Funding the buy-sell agreement
  • Company sales and divestitures

For many, their largest asset is their small business, but it can be difficult to determine what that business is actually worth. However, it is important to know the full value of a company.

This takes on added importance when considering the sale, merger or acquisition of the company; changes in partnership or shareholder agreements; implementing an employee benefit plan; and altering corporate status. In addition, personal financial issues such as estate and inheritance planning, divorce and tax considerations may call for determining the worth of a company.

At Whittaker Cooper, we provide full business valuation services, considering factors such as the nature, history and financial condition of the business; how the specific industry is performing; the earning capacity of the business; and previous dividend payments or stock sales.

If you are considering a significant change in your business or otherwise need a better understanding of the value of your company, the professionals at Whittaker Cooper are here to help. Our work adheres to the highest business valuation standards as established by the American Institute of Certified Public Accountants.

Tax services are provided as a service of Whittaker Cooper P.A., and not as a service of Raymond James Financial Services.

We have assisted our clients in:

  • Mergers and acquisitions
  • Employee stock ownership plans
  • Shareholder (owner) disputes
  • Business purchases or sales
  • Marriage dissolutions
  • Contractual disputes
  • Estate tax planning and tax return compliance
  • Gift tax planning and tax return compliance
  • Charitable contributions
  • Purchase price allocations

Litigation and fraud issues can be major concerns for your company or organization. While business attorneys offer knowledge of how the laws affect you and your business, having an experienced tax advisor such as Whittaker Cooper on your side can be beneficial.

Our professionals are available as consultants engaged by your attorney to develop information to be used in your case or as witnesses* who provide deposition and courtroom testimony. While we can assist in almost any case in which a tax expert is needed, common cases include those related to bankruptcy, employee fraud, criminal tax issues and insurance claims.

If you need an experienced tax advisor for assistance with litigation that may involve tax matters, look no further than Whittaker Cooper P.A. For more information, contact us today.

These services are provided as a service of Whittaker Cooper, and not as a service of Raymond James Financial Services. *Witnesses are Whittaker Cooper professionals only and are not representatives of Raymond James.

Litigation services we offer:

  • Lost profit
  • Marital dissolutions
  • Stockholder/partner disputes
  • Bankruptcy and insolvency
  • Breach of contract
  • Business interruption
  • Estate disputes
  • Fraud investigations
  • Civil and criminal litigation

Forensic accounting services we offer:

  • Due diligence
  • Forensic analyses
  • Internal control assessments
  • Special investigations