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William Mork & Company, Ltd. provides a wide range of services to individuals and businesses in a variety of industries. At William Mork & Company, Ltd., we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.

Our professional services include:

Tax Management

Individual Tax Preparation

For many people, preparing their tax returns is a grueling and time-consuming process. Income sources are diversifying, deductions are constantly changing, and shifting rules are hard to track. Paying the government what is fair and proper is becoming more and more difficult.

William Mork & Company, Ltd. makes the difficult easy. We provide a cost-effective and straightforward process for preparing even the most complex 1040.

Corporate Tax Preparation

The corporate tax return is quickly becoming the focal point for a wide variety of business issues - and opportunities. Depreciation strategies, R & D credits, and foreign tax credits, to name a few, can significantly impact your tax liability. Minimizing your local, state and federal taxes can greatly improve your cash flow and profitability. Proper corporate tax planning and execution are critical to your business success.

Consistent Process

Whether you are an individual or a business return, William Mork & Company, Ltd takes a consistent approach and holistic view of your tax situation, helping you take advantage of tax laws and IRS guidelines to minimize your tax liability. Our experience with a diverse client base gives us the ability to help you determine the best approach for your tax situation. And, our legal and accounting education and experience help to assure you have delivered a fair and accurate tax return.

Our process begins with gathering the important facts, background information, concerns and issues through comprehensive questionnaires and face-to-face interviews.

Following the discovery phase, we will gather source documents to prepare a draft of your tax return. This often reveals additional options for favorable tax treatment.

After reviewing the draft with you, we finalize all the required paperwork, submit returns to the appropriate authorities, prepare estimated tax payments or other documents for the coming year and retain all information, both physically and electronically, for future use.

Our goal is to make the entire process as painless and efficient as we can.


Accounting is the language of business. It provides a consistent, universal way to communicate your business with your employees, managers, owners, vendors, customers, and government. No matter what size your business is, what products or service you sell, or where you are located - accounting speaks for your business. And we are fluent in accounting.

From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Throughout our relationship with your company, we get to know your business and your industry jargon so that we can speak about accounting in ways that are meaningful and effective for you.

Our services include but are not limited to:

  • General ledger and financial statement preparation
  • Bookkeeping (Monthly, quarterly, or annual)
  • Payroll processing
  • Tax planning and preparation
  • Litigation support

Assurance and Advisory

At William Mork & Company, Ltd., we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.

These services include but are not limited to:


Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.


Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records. At William Mork & Company, Ltd. preparing your income statement, balance sheet, cash flow statements and other financial statements is a disciplined and predictable process. Whether you're a business with no internal accounting staff or one with a staff of accounting professionals, our team will work with you to gather the appropriate source documents and to diligently prepare presentation-quality reports that meet the needs of the most demanding constituents.

Business Valuations

Mergers, acquisitions, and divestitures present unique opportunities to grow your business or to realize business value. Properly valuing the business is important to both the buyer and the seller. Yet providing fair and timely valuations is difficult for most small and medium businesses.Valuation experience is key to successfully completing a transaction.

Over the past 15 years, William Mork & Company, Ltd has been working with businesses to create tools and techniques that provide market competitive valuations to businesses or divisions that you are buying or selling. Our due diligence process can help you evaluate the validity of past performance, the likelihood of future projections, and the value of the intangibles that are an inevitable component of these business transactions. Our process is designed to maximize the value if youare selling and to minimize the cost if you are buying.

Business Projections

For many business owners and managers, determining where you are going, and how you're going to get there is a difficult but necessary task. Creating sales forecasts, projecting cash flow, and determining capital expenditures requires knowledge of your business, your industry, your market and the economy.

The team at William Mork & Company, Ltd combines expertise and experience with a gained understanding of your business to produce well documented business projections. We will work with your team to understand the influences on your success and build models that help you manage you business to predictable results. We can prepare best case, worst case and most likely case business projections so that you can understand your options and adjust your actions as you progress thorough the business year.

Cash Flow Consulting

Cash is the life blood of any business. As your business grows and becomes more sophisticated, so do the requirements for cash management. Cash flow consulting is as important to your business as any other aspect of your financial plan.

The team at William Mork & Company, Ltd. will help you determine how much cash your business will need to meet your strategic and tactical objectives. Then, we will help you determine the most effective way to generate the cash necessary to meet those needs without compromising everything you've worked for. Our goal is to help you combine the sources and uses of cash into an understandable, achievable plan that can be communicated to everyone that is affected.

Estate and Trust Tax Planning and Tax Preparation

Effective estate and trust planning is an essential element of the life plan for any business owner, executive or individual that has accumulated wealth. Estate planning may be required to provide financial security for your spouse and children, to ensure that business assets are properly transferred from one generation to the next, to guarantee that your favorite charities or causes are appropriately funded, or to minimize taxes on your hard-earned success. Estate planning will help ensure that your wishes are met and properly funded at each stage in your life.

At William Mork & Company, Ltd. our unique education and experience in law and accounting provides you an efficient and effective way to create and maintain your estate plan. We work closely with your estate planning lawyer to make sure that you have a legally compliant estate plan that meets your wishes, one that will withstand the scrutiny of your heirs and the court after you die. Additionally, we work with your beneficiaries to determine the best way for them to minimize the tax consequences of their inherited assets.

IRS Representation

Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.

Litigation Support and Forensic Accounting

William Mork & Company, Ltd. litigation support and forensic accounting services can be employed in a wide range of situations, including commercial litigation, financial investigations, business valuations, business and marital dissolutions, and bankruptcies. These services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. Financial and personal records are often vast and confusing to sort through. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.

Payroll Services

William Mork & Company, Ltd.'s payroll services can help you reduce the time spent on administration through developing and implementing a computerized payroll system that will facilitate processing, timely payment and preparation of tax returns.

QuickBooks Accounting Help and Assistance

QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don't just help you use the software, we help you use it more efficiently and more effectively.

William Mork & Company, Ltd. offers the following solutions to help meet your QuickBooks needs:

Personal Training

We train you personally! Either one-on-one or several individuals within your organization at your company's location.


We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.


We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. We also help experienced users manage their businesses more effectively by improving their current setup. Many users experience problems and lack the ability to generate and track important information as a result of inadequate setup.


Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.


Our QuickBooks review service helps companies that have the human resources to perform daily accounting and payroll tasks, but need an accounting and payroll expert to review your transactions, accounts and reports. This review ensures that you receive timely, relevant and reliable financial information. We also inform you of any corrections, adjustments or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.

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