Our cooperative clients provide many of the same services for their customers as our other clients, but with an extra layer of tax and legal complexity and restrictions. The JPS team has extensive experience with these special issues and can provide expertise in addressing them. Because shareholders of JPS are members of the National Society of Accountants for Cooperatives and the firm is a member of BDO Seidman Alliance, we are able to deliver solutions to our clients to help them navigate the complex issues that cooperatives face. The ultimate goal is to maximize tax advantages while retuning maximum annual profit to each member.

Services include:

• Assurance services, including compilations, reviews and audits of financial statements
• Special engagements, such as fraud investigations and review of internal control systems
• Assistance evaluating the feasibility of establishing a cooperative
• Review of by-laws and policies for compliance with highly technical tax laws
• Assistance with organizational and structural considerations
• Assistance in designing and maintaining various patronage pools
• Tax compliance, including filing of annual returns and membership disclosures regarding patronage allocations
• Technology support, including design and implementation of applications to capture, calculate and report on various financial and patronage items
• Benchmarking services for members, allowing each of them to confidentially report selected financial information for compiling and benchmarking against peers

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