Business Details
50+ Years
experience
Trusted Certified Public Accountants in Alpena, MI
Founded in 1930, Straley Lamp & Kraenzlein has built a legacy of delivering quality, personalized accounting and consulting services to individuals and businesses across Michigan. Our team of over 20 professionals, including 11 Certified Public Accountants, combines deep expertise with a client-focused approach to address complex financial challenges. We prioritize understanding each client's unique needs, offering tailored solutions in tax planning, audits, business valuations, and more.Our commitment to high standards is reflected in our long-standing client relationships and our ability to adapt to evolving regulatory landscapes. By maintaining a versatile service portfolio and hiring top talent, we ensure clients receive specialized attention that aligns with their financial goals. For over nine decades, we have remained dedicated to transforming intricate financial matters into clear, actionable strategies that drive success.
Services
Tax Management
Accounting Services
Audits & Reviews
Estate Planning
IRS Representation
Payroll Services
Business Valuation
QuickBooks Support
Government Auditing
Nonprofit Consulting
Details
- Year established: 1930
Highlights and features
- We have over 80 years of experience serving clients in Northern Michigan.
- Our team includes 11 Certified Public Accountants with specialized expertise.
- We provide personalized service tailored to individual and business financial needs.
- We offer a comprehensive range of accounting and consulting services under one roof.
- Our firm combines deep local knowledge with up-to-date regulatory expertise.
Services
Tax Management
Our tax planning services help individuals and businesses minimize liabilities while maximizing cash flow. We analyze current and emerging tax laws to optimize opportunities, ensuring compliance with federal and state regulations. Clients receive personalized strategies that align with their financial goals.
Audits & Reviews
We provide three assurance levels for financial statements: audits, reviews, and compilations. Audits offer highest assurance through in-depth verification, while reviews provide limited assurance. Compilations focus on internal reporting accuracy without formal assurance.
Business Valuation
Our certified valuation analysts assess business worth for mergers, acquisitions, estate planning, or divorce proceedings. We analyze financial performance, market conditions, and industry trends to deliver accurate, defensible valuations that support critical business decisions.
QuickBooks Support
We offer QuickBooks installation, setup, training, and ongoing support. Our experts ensure proper configuration for accurate financial reporting, while providing personalized guidance to maximize software efficiency for small to mid-sized businesses.
IRS Representation
Our CPAs represent clients during IRS audits, leveraging deep tax code knowledge to resolve issues efficiently. We handle communication, documentation, and negotiations to minimize liabilities and ensure compliance with federal tax requirements.
People
James E. Kraenzlein
CPA/ABV/CFF, CVA
James E. Kraenzlein specializes in business valuations and forensic accounting with multiple professional certifications. He leads litigation support services and provides expert testimony in financial disputes.
Andrew R. Lamp
CPA
Andrew R. Lamp delivers comprehensive accounting and tax advisory services. His expertise supports clients in financial planning and compliance matters across various industries.
Bernard R. Lamp
CPA
Bernard R. Lamp focuses on audit and assurance services, ensuring accurate financial reporting for businesses and nonprofit organizations.
Philip T. Straley
CPA/PFS
Philip T. Straley specializes in personal financial planning and tax strategies for high-net-worth individuals.
Chelsea A. McConnell
CPA
Chelsea A. McConnell provides accounting and tax compliance services, focusing on small business needs and cash flow management.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, financial statement preparation, and cash flow analysis tailored to small business needs.
Do you handle tax issues with the IRS?
Yes, we offer IRS representation services for audits, collections, and tax dispute resolution.
Can you assist with nonprofit organization compliance?
We specialize in nonprofit audits, tax filings, and compliance consulting for Michigan-based organizations.
What areas do you serve?
Primarily Northern Michigan, with clients throughout the state including Alpena, Traverse City, and Sault Ste. Marie.