Municipal Accounting Services

Independent audit and review services that bring clarity, accountability, and confidence to your financial reporting. Trusted by organizations across Wisconsin.

Public Sector Payroll, Bookkeeping, & Reporting

Municipalities rely on accurate financial reporting, organized bookkeeping, and ongoing accounting support to manage daily operations and meet reporting requirements. These municipal financial services support local governments with bookkeeping, account reconciliation, consulting, payroll processing, utility billing, and financial statement preparation using the client’s existing systems and processes.

Services

Municipal Bookkeeping

  • Both long-term ongoing support and short-term or temporary coverage due to staff turnover, extended absences or staff augmentation
  • Utilize client software to do the following:
    • Process receipts
    • Process checks and disbursements
    • Process payroll including quarterly reports (941s)
    • Utility billing
  • Account reconciliation of balance sheet accounts
  • Prepare periodic financial overview to management and the governing body

Municipal Consulting

  • Outsourced Chief Financial Officer
  • Utility Rate Cases
  • Budget Assistance
  • Tax Rate Impact services
  • Levy Limit assistance
  • Expenditure restraint
  • TIF payback analysis
  • Accounting System/Chart of Accounts implementation

Account Reconciliation Services

  • Cash reconciliations
  • Tax roll adjustments
  • Utility billing tie-out
  • Capital assets accounting including depreciation records
  • Payroll reconciliations
  • Long-term debt accounting

Compilation Services

  • Financial Statements
  • Town annual reports
  • Department of Revenue Form C
  • Wisconsin Public Service Commission (PSC) annual reports
  • Tax Incremental Financing (TIF) annual reports

Paper Tax Checks Are Ending: How New IRS Electronic Payment Rules Affect You

02/18/2026
A new federal requirement will eliminate most paper checks for tax payments and refunds starting with 2025 returns. Here’s what this transition to electronic payments […]

Accounting News

Understanding the IRS’s new deduction for qualified overtime compensation

02/11/2026
The IRS has introduced a new federal income tax deduction for qualified overtime compensation, effective for tax years 2025 through 2028. Eligible workers can deduct […]

Accounting News

S-corporations 101: FAQs for business owners

02/4/2026
S-corporations are one of the most frequently discussed (but often misunderstood) tax structures for small business owners. While they can offer real savings on self-employment […]

Accounting News

Understanding the OBBBA car loan interest deduction

02/2/2026
Car loan interest deduction, OBBBA and IRS proposed rules—learn who qualifies, income limits, vehicle requirements and what it means for taxpayers. […]

Accounting News

Restored 100% bonus depreciation: IRS interim guidance helps clarify OBBBA rules

01/27/2026
RSM US outlines IRS guidance in Notice 2026-11 on restored 100% bonus depreciation and key timing and eligibility rules. […]

Accounting News

IRS clarifies 100% first-year bonus depreciation rules

01/27/2026
The IRS recently issued new guidance clarifying how the permanent 100% bonus depreciation deduction will work moving forward. This allows businesses to fully deduct the […]

Accounting News

From the Blog