Riley’s Tax Service Expands Offerings to Include Small Business Advisory Services
August 19, 2026 - PRESSADVANTAGE - Riley's Tax Service, a tax preparation and accounting firm in Lansing, Michigan,
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August 19, 2026 – PRESSADVANTAGE –
Riley’s Tax Service, a tax preparation and accounting firm in Lansing, Michigan, today announced an operational expansion to include structured advisory services for small and mid-sized businesses across Ingham County. The expanded advisory framework encompasses cash flow forecasting, tax strategy planning, retirement plan structuring, and business succession planning alongside the firm’s existing tax compliance services. This operational update is structured to support commercial enterprises, retail operations, and service providers navigating local regulatory and financial reporting requirements throughout Central Michigan.
The service expansion is led by firm founder Alex Riley, an Enrolled Agent with over 20 years of experience in federal tax planning and small business accounting. Under the updated operational scope, the firm transitions beyond seasonal tax return preparation to provide ongoing advisory support designed to assist business owners with financial forecasting, regulatory compliance, capital expenditure evaluation, and debt structure management. By conducting regular quarterly financial reviews, the firm works with management teams to identify tax planning opportunities and track key financial metrics throughout the operating year.
Services included under the advisory umbrella feature multi-year tax projections, cash flow analysis using rolling quarterly models, and succession planning frameworks for family-owned enterprises and closely held corporations. The firm’s tax planning routines evaluate federal, state, and local tax liabilities, incorporating Michigan Corporate Income Tax (CIT) guidelines, pass-through entity tax (PTET) options, and federal depreciation schedules under Section 179 to help businesses manage tax obligations while maintaining liquidity. Furthermore, advisory consultations review internal accounting controls and financial reporting workflows to ensure financial statements conform to standard accounting principles.
For businesses undergoing ownership transitions, the firm’s succession planning protocols evaluate buy-sell agreement structures, business valuation methodologies, and tax-deferred transfer mechanisms. Guidance on retirement plan structuring evaluates options such as Simplified Employee Pension (SEP) IRAs, Savings Incentive Match Plan for Employees (SIMPLE) IRAs, and traditional 401(k) plans to help business owners select employee benefits packages that align with operational budgets and long-term financial objectives.
To support client workflows, Riley’s Tax Service has integrated secure digital accounting platforms and cloud-based client portals—including QuickBooks Online, Gusto payroll integrations, and Drake Tax processing tools. The software implementation allows business owners to upload financial documentation, track general ledger entries, and access real-time profit and loss statements through encrypted digital channels. These digital tools streamline document transfer during quarterly reporting periods and lower administrative overhead associated with manual data entry.
As part of the operational rollout, the accounting firm in Lansing, MI has updated its digital portal to provide downloadable financial planning checklists, Michigan tax deadline schedules, and guidance documents covering business entity selection (such as S-Corporation, LLC, or C-Corporation classifications). Additionally, Riley’s Tax Service will host a three-part educational webinar series for regional business owners. The scheduled virtual sessions include:
Tax Efficiency Strategies for S-Corporations and LLCs (Covering entity classification, reasonable compensation guidelines, and deduction tracking).
Cash Flow Management and Working Capital Forecasting (Focusing on operating budgets, inventory turnover metrics, and accounts receivable management).
Business Succession and Exit Planning (Detailing buy-sell agreements, business valuation basics, and tax-deferred transfer mechanisms).
Information regarding registration for the virtual educational series, technical advisory specifications, and consultation scheduling for small business advisory services is accessible through the official Riley’s Tax Service website.
About Riley’s Tax Service: Riley’s Tax Service is a professional accounting and tax firm located in Lansing, Michigan. The firm provides individual tax preparation, corporate tax compliance, bookkeeping, payroll management, and business advisory services to clients throughout Central Michigan.
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For more information about Riley’s Tax Service, contact the company here:
Riley’s Tax Service
Riley’s Tax Service
(517) 543-5016
rileystax@yahoo.com
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