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40 Years and Counting

Licensed Professional Service Providers: It’s a Whole Different World Out There

MRPR understands that often, licensed professional service providers have unique financial, accounting and compliance needs.

In many cases, these businesses have a greater need for careful oversight and attention to detail than other businesses, including complex tax and reporting environments and issues related to tax credits.

MRPR has a long history of working with licensed professional service firms, We have helped firms in each of these sectors:

  • Engineering & Design
  • Tele-Communications
  • Software Developers
  • Information Technology
  • Advertising Agencies
  • Law Firms
  • Medical Practices
  • Dental Practices
  • Insurance Agencies
  • Architects
  • Consultants

How Can MRPR Help Licensed Professional Service Firms?

Our professionals are accomplished in working with firms in this sector. We provide assistance ranging from accounting for professional service firms to performing an engineering audit or professional service firm audit (Audits, Reviews and Compilations), to advanced tax planning and other compliance services, to providing state & local tax (SALT) expertise.

Often, we are able to help professional service providers to claim tax credits or reduce taxes by using appropriate apportionment and allocation techniques.

Additionally, through our strategic consulting services, we are able to address a company’s financial matters such as buy versus lease, debt covenants, debt restructuring, and improving a company’s working capital and financial reporting process.

Almost 30% of MRPR’s clients are Licensed Professional Service Providers. That’s experience that translates into knowledgeable professionals who know and work in your industry.

 

MRPR’s Services for the Licensed Professional Services Industry

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