Louis Plung

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Request For Proposal

Louis Plung & Company has been serving retailers almost since the firm’s inception in the 1920s. Some of our retail clients started out as small, family-owned operations, and we have seen them grow to large, multi-million dollar market leaders. The depth of experience and knowledge in accounting for the retail industry positions us as expert advisors to clients on any number of tax, accounting, or consulting issues they may encounter.

Successful retailers need to rapidly respond to changes in consumer habits, market trends, and the fluctuating cost of commodities, and the effect of many decisions can be seen quickly. Our goal is to always be available to field questions, anticipate problems before they arise, and help the owners and management confidently respond to the challenges of this industry. We do this through traditional audit, assurance, and tax services, such as annual or quarterly audits, reviews, or compilations of financial statements; audits of employee benefit plans; review of internal controls and processes; planning and preparation of local, state, and federal taxes; and ongoing tax compliance.

In addition to traditional services, retail clients benefit from access to highly specialized tools and resources, such as:

  • Multi-state tax planning
  • Lease accounting
  • Inventory valuation
  • Realization of deferred tax
  • Sales and use taxes
  • Property taxes
  • Charitable contributions
  • Gift cards
  • Due diligence for acquisitions
  • Compensation planning
  • Benchmarking
  • Cost segregation studies to maximize depreciation deductions

Client Snapshot

Our retail clients operate supermarkets, convenience stores, and furniture stores, as well as sell nutritional supplements. Most clients are privately held, and are consumer-driven. They range from local, family-owned operations with less than ten locations to large companies with locations in several states. In addition to providing tax and audit services to the corporate entity, we work with many of our retail owners and managers on their personal taxes as well.

Specialists

 
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Our professionals who specialize in Retail are:

 
Richard Fischer

Richard Fischer

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Richard Gross

Richard Gross

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Earl Kaiserman

Earl Kaiserman

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Catherine T. Marchelletta

Catherine Marchelletta

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Howard Plung

Howard Plung

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Louis B. Plung

Louis Plung

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Connie Wan

Connie Wan

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