Our People

To be successful, you must focus on what you do best.

For us, that means thoroughly understanding our clients and providing them with exceptional personalized service. Our clients expect, and receive, more than mere proficiency. What they get is a combination of integrity, personal involvement and specialized knowledge about their industry. We tailor our skills to our client’s size, state of development, form of ownership, and financial structure. We concentrate on the client’s needs, formulate an action plan, and follow through as promised. No excuses. No missed deadlines. Our relationships with clients are flexible and personal.

Our people know how to translate industry knowledge into action. They help our clients solve problems. The quality of our services depends on the caliber of our people. At Joel E. Sammet & Co., LLP we set the highest of professional standards. Accordingly, each of our professionals is an accountant with many years of diversified auditing, accounting and tax experience.

We have selected people who are not just professionally knowledgeable but who are committed, have proven business abilities, and can analyze, interpret and advise. Training is a very important aspect of their development; they attend continuing professional education courses and selected industry seminars and conferences.

A Different Audit & Review Approach

Our audit approach features many elements that distinguish and differentiate our services. These include our emphasis and focus on internal controls and risks, use of computerized audit assistance programs to augment the audit process, and other audit technology tools.

Utilization of these audit tools can replace most paper generated from an audit.  It also speeds the planning process, provides access to decision support information, generates work programs based upon risk assessment decisions, tracks major issues, monitors work progress, provides exception reporting, and enables auditors to share information from a common source controlled through access and system controls.

Additionally, in performing our audit, we target procedures which can be performed during interim periods to assure timely completion of the audit process, to meet all reporting deadlines with financial institutions or government oversight agencies such as the SEC and FINRA.

In performing reviews of our client financial statements, we make a point to spend time discussing the results of our analytical work with our client, so they can understand trends in their business to maintain or improve operations.

Tax Services

Our tax approach is to assist our clients with tax compliance within the statutory requirements while utilizing tax-planning techniques designed to preserve cash flow and capital. We accomplish this by assisting clients using strategic tax planning in a pro-active and innovative fashion. Our recurring services allow us to focus on the most beneficial tax-planning strategies in an effort to minimize tax liability. Accordingly, we will strive to provide value-added tax services to benefit you as part of our recurring audit services.

Tax planning is a continuous process that must be done throughout the year. In today’s environment, tax planning encompasses not only minimizing federal taxable income, but also minimizing state and local taxable income.

State and local taxes increase in complexity as growing companies expand their operations. Taxes imposed by states, counties and even cities may now amount to a heavy total tax burden. Our state and local tax specialists will make available the full range of their expertise to help minimize state and local income and property tax exposure.

As CPAs, we are admitted to practice and represent our clients, concerning all tax matters, with all taxing authorities. This includes the Internal Revenue Service, state and local agencies.

Strategic Business Planning

Our firm can utilize its over 80 years of experience to provide monthly consulting services to assist management in all phases of operations.

This may include expansion or disposition of business segments, operational risk analysis, product profitability analysis, cost/benefit analysis.

Personal Financial Services

Our firm can provide objective advice and guidance on important financial planning issues affecting our clients and their families on an ongoing basis.

For instance, we can help establish estate-planning goals, review wills, trusts or titles to assets to ensure that your family wealth is efficiently transferred to future generations with a minimum loss from estate taxes. We work with our clients to tailor the best solutions for minimizing taxes, preparing an estate plan, designing compensation and benefit plans, valuing their business and developing a succession plan.