Business Details
50+ Years
experience
Your Trusted Accounting Partner in Michigan
Straley Lamp & Kraenzlein has been delivering professional accounting services to clients across Michigan since 1930. With a team of over 20 professionals, including 11 Certified Public Accountants, we combine decades of experience with specialized expertise to address complex financial needs. Our client-centric approach ensures personalized service tailored to individuals and businesses navigating evolving regulatory environments. We prioritize building long-term relationships through transparent communication and actionable insights. Our services span tax planning, audits, business valuations, and forensic accounting, supported by advanced technical capabilities and industry-specific knowledge.As a Michigan-based firm, we maintain deep familiarity with local market dynamics while adhering to national accounting standards. Our commitment to quality is demonstrated through continuous staff development and adherence to rigorous professional certifications. We empower clients to achieve financial clarity through services like cash flow analysis, entity restructuring, and retirement planning. Our team's credentialsincluding ABV, CFF, and CVA designationsreflect our dedication to technical excellence. By maintaining a mid-sized structure, we balance personalized attention with comprehensive service offerings for diverse industries.
Services
Tax Management
Accounting Services
Audits Reviews
Estate Planning
Business Valuation
IRS Representation
Payroll Services
QuickBooks Support
Government Auditing
Nonprofit Consulting
Details
- Year established: 1930
Highlights and features
- We have 90+ years of accounting experience serving Michigan businesses
- Our team includes 11 Certified Public Accountants with specialized credentials
- We offer personalized service with mid-sized firm responsiveness
- We provide comprehensive solutions from tax planning to forensic accounting
- Our staff maintains expertise in Michigan-specific regulatory requirements
Services
Tax Management
Our tax management services optimize financial opportunities through strategic planning and compliance. We help clients minimize liabilities while maximizing cash flow across personal and business tax scenarios. Our team stays current with federal and state tax code changes to ensure accurate filings and proactive planning.
Business Valuation
We provide detailed business valuations for mergers, acquisitions, and estate planning purposes. Our analysis considers market trends, financial performance, and industry-specific factors to determine accurate business worth. Certified valuation analysts deliver defensible reports for legal and transactional needs.
Audits Reviews
We conduct audits, reviews, and compilations for various assurance levels. Our audits meet regulatory requirements with thorough examination of financial records. Reviews provide limited assurance through analytical procedures while compilations organize management-provided data for internal use.
IRS Representation
Professional representation during IRS audits protects clients' interests through expert communication with tax authorities. We handle document requests, respond to inquiries, and advocate for favorable resolutions during examination processes.
QuickBooks Support
Our QuickBooks specialists provide training, setup, and ongoing support to optimize accounting systems. We help businesses implement software solutions effectively and maintain accurate financial records through regular system reviews and adjustments.
People
James E. Kraenzlein
CPA/ABV/CFF, CVA
Certified Public Accountant with specialized credentials in business valuations and forensic accounting. Provides expert testimony and valuation services for complex litigation cases across Michigan.
Andrew R. Lamp
CPA
Experienced accountant offering strategic financial guidance to Michigan businesses. Focuses on tax planning and compliance solutions for corporate clients.
Philip T. Straley
CPA/PFS
Certified Public Accountant with personal financial specialist designation. Specializes in retirement planning and estate tax strategies for individual clients.
Chelsea A. McConnell
CPA
Audit and consulting professional serving nonprofit organizations and governmental entities. Expertise in compliance with federal and state regulations.
Nicholas L. Cordes
CPA
Accounting specialist supporting business clients with entity selection, tax planning, and financial reporting requirements.
Questions
What accounting services do you offer?
We provide tax planning, audits, business valuations, payroll services, QuickBooks support, and nonprofit consulting.
Do you serve businesses outside Michigan?
Our primary service area is Michigan, though we work with clients nationwide through remote capabilities.
What experience do your CPAs have?
Our 11 CPAs hold specialized credentials including ABV, CFF, and CVA designations with combined experience exceeding 200 years.
How do you handle IRS audit representation?
Certified professionals communicate directly with the IRS to resolve tax matters efficiently while protecting client interests.
Can you help with nonprofit compliance?
Yes, we offer audit, tax filing, and consulting services specifically tailored to nonprofit organizations' regulatory needs.
What QuickBooks support options exist?
We provide software training, system setup, ongoing support, and monthly financial record reviews for QuickBooks users.
