Privately Owned Businesses

As a privately-owned business, Crosslin, knows firsthand how to best serve growing companies with private ownership. Keeping costs low and service high are standards our customers have come to expect from the Crosslin team. We realize that privately owned businesses face a unique set of challenges when it comes to growth strategy, running a business, and accounting practices. Fortunately, our team of experts have years of experience in helping all sizes of privately-owned businesses to grow and succeed.

Services

Audit & Assurance Services

As every company is unique, we tailor our audit service approach to the particular needs and characteristics of each customer.

Accounting and Business Solutions

Crosslin's Accounting and Business Solutions Division helps emerging businesses to get organized financially and to plan for the future.

Tax Compliance and Planning For Federal and State Income Tax

Our Tax Team works with managers of privately-owned businesses to file mandatory tax returns and meet industry-specific requirements.

SSAE 16

SSAE 16 - Crosslin provides SSAE 16 services (Statement on Standards for Attestation Engagements 16 - an auditing standard for service organizations).

Internal Audits

Our internal audit service for privately held companies serves many purposes, such as the investigation of suspicious transactions.

Valuation and Litigation

Crosslin’s Valuation Team provides a complete array of comprehensive business valuation services and also supports litigation efforts if necessary.

Forensic Accounting

Crosslin's Forensic Accounting Team has the specialized training, experience, and certifications necessary to practice in this area.

Audits for 401(k)

Federal law requires the annual audit of a 401(k) plan when the plan’s total number of eligible participants reaches 100 people or more.

Sales, Use and Property Tax

The Tennessee state sales tax rate is currently 7%. Depending on local municipalities, the total tax rate can be as high as 9.75%.

Mergers and Acquisitions

Attempting an acquisition or merger is exciting, but it requires a special level of oversight, audit experience, and vertical industry knowledge.

Tax Department

Regardless of the need, Crosslin can serve as an outsourced partner to provide a complete solution for all of your tax department needs.

Succession and Estate Planning

The focus of succession planning is the continuity of a business from one group of owners or management to the next in line.

Tax Burden Forecasting and Assistance with Planning and Execution of Estimated Payments

Crosslin helps customers forecast future tax liabilities, develop strategies for minimizing tax burdens, and plan for sufficient cash flows.