Medical and Dental

Whatever service your company provides—whether in the legal, consulting, or other professional areas—the professionals at Kernutt Stokes are ready and able to help improve your company’s operations.

As a certified public accounting and consulting firm, we understand the professional services industry from both a service and business operations perspective. Service-based businesses face a unique blend of challenges, including addressing costing issues, developing methods for key employee retention and identifying fair methods for compensation. Recognizing these challenges, Kernutt Stokes helps professional service businesses plan for long-term growth and profitability, while maximizing benefits to owners and employees.

In addition to traditional accounting, auditing and tax services, our professional service industry specialists can provide you with the following services:

  • Strategic planning
  • Profitability analysis
  • Budgeting and forecasting
  • Operations review
  • Cash flow management
  • Incentive-based compensation structuring
  • Key performance indicator (KPI) development
  • Pension and profit-sharing guidance
  • Technology consulting and support
  • Bank financing assistance
  • Internal control review
  • Forensic/fraud services
  • Merger and acquisition facilitation
  • Business succession planning

If your professional service firm needs financial services, please contact us today.

Meet Our Medical and Dental Team Lead

John Mlynczyk, CPA, Partner

Let's talk about your business!

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Information and Resources

Understanding Fraud: Awareness, Deterrence, and Prevention

by Ethan Doak |
Fraud is a serious issue that affects people and organizations worldwide. It involves deceiving others to gain something valuable, like money or personal information. In this blog, we'll explore what fraud is, how we can become aware of it, and ways to prevent and deter it.

1099 & Year-End Reporting/Compliance Requirements for 2024 and What’s Changing in 2025

by Kernutt Stokes |
What you should know about 1099 changes for 2025, as well as year-end reporting and compliance requirements if you have employees.

Employee Retention Credit | IRS Sharply Increases Compliance Action Through Taxpayer Audits

by Kernutt Stokes |
To combat a wave of frivolous employee retention credit (ERC) claims, the IRS has sharply increased compliance action through audits and criminal investigations, with more activity planned in the future. In this heightened enforcement environment, employers are advised to act swiftly when responding to IRS notices regarding ERC claims.

4 Ways Accounting Practices Aid in Fraud Prevention

by Charlotte Kreitlow |
Fraudulent activities come in many forms, often exploiting weaknesses in internal controls and processes. According to the Association of Certified Fraud Examiners (ACFE), businesses lose an estimated 5% of their annual revenues to fraud each year. This staggering statistic underscores the urgency for businesses to implement proactive measures to deter, detect, and mitigate fraud. In this blog, I’ll share four ways your accounting practices can help in fraud prevention.