Cole Newton & Duran

Business Details

Your Trusted Partner for Accounting and Financial Services

Cole Newton & Duran has been delivering high-quality accounting, tax, and financial advisory services for over five decades. Our firm combines the technical expertise of a large accounting practice with the personalized service of a boutique firm, serving individuals, businesses, and nonprofit organizations nationwide. Recognized as one of Michigan's top 25 accounting firms by Crains Detroit Business and ranked 12th in Metro Detroit by DBusiness magazine, we maintain rigorous professional standards through our membership in the Association of International Certified Public Accountants (AICPA) and state CPA associations. Our team of certified professionals provides responsive service grounded in three core principles: professionalism, responsiveness, and quality. We specialize in assurance, accounting, taxation, IRS audit representation, estate planning, business formation, and financial strategy, ensuring clients receive comprehensive solutions tailored to their unique needs.

With offices in Livonia, Michigan, we serve clients across the United States while maintaining the personal attention that has defined our practice since establishment. Our commitment to continuous education ensures our team remains at the forefront of evolving tax regulations and financial practices, enabling us to deliver insightful advice that empowers informed financial decision-making. We distinguish ourselves through our ability to combine technical excellence with accessible service, making complex financial matters understandable and actionable for our clients. This dedication to bridging expertise with approachability has earned us enduring trust within the business community. Our professionals hold prestigious designations including Certified Tax Resolution Specialist and Enrolled Agent credentials, demonstrating our capability to resolve even the most challenging tax issues.

Services

Accounting Advisory Assurance Financial Planning Payroll IRS Representation Tax Strategies Business Formation Estate Planning

Highlights and features

We offer over 50 years of combined experience in accounting and tax services
Our team includes Certified Tax Resolution Specialists and Enrolled Agents
We provide personalized service with nationwide reach from our Livonia base
Recognized as Metro Detroit's 12th largest accounting firm by DBusiness magazine
We maintain active memberships in AICPA, MICPA, and FICPA professional associations

Website

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Services

Accounting

Our accounting services provide accurate financial records and reporting for businesses of all sizes. We handle general ledger preparation, financial statement creation, and budgeting to ensure clear financial visibility. Our team delivers monthly, quarterly, or annual bookkeeping solutions tailored to your operational needs while maintaining compliance with accounting standards.

Advisory

Our advisory services focus on improving business operations through internal control assessments and strategic planning. We help organizations optimize cash flow management, implement QuickBooks systems, and develop succession plans. Our consultants provide objective evaluations of financial processes to enhance efficiency and support long-term growth objectives.

Assurance

We offer comprehensive assurance services including audits, reviews, and compilations for nonprofit and private sector organizations. Our CPAs perform financial statement examinations, internal control testing, and regulatory compliance assessments. These services help organizations meet legal requirements while gaining confidence in their financial reporting accuracy and risk management practices.

Financial Planning

Our financial planning services create personalized strategies for achieving short and long-term financial goals. We assist with retirement planning, education funding, risk management, and major life event planning. Certified advisors develop comprehensive plans that consider current financial status, future projections, and individual risk tolerance levels.

IRS Representation

We provide expert IRS representation for individuals and businesses facing tax issues. Our team includes Certified Tax Resolution Specialists and Enrolled Agents who handle audit representation, tax debt negotiation, and compliance matters. We work to minimize penalties and resolve tax problems while protecting client interests throughout the process.

People

Arthur R. Cole

CEO & Managing Partner

As CEO and Managing Partner, Arthur R. Cole leads with decades of accounting expertise. He oversees strategic direction while maintaining active client relationships. His leadership emphasizes technical excellence and personalized service.

John B. Aoun

Director

John B. Aoun serves as Director, combining CPA credentials with extensive audit and assurance experience. He specializes in financial statement analysis and regulatory compliance for diverse business sectors.

Christopher Brent

Director

Christopher Brent contributes specialized tax expertise as a Director. He focuses on complex tax planning and compliance matters for businesses and high-net-worth individuals.

Gretchen Stuart

Assurance Partner

Gretchen Stuart leads assurance engagements with technical precision. As an Assurance Partner, she specializes in audit planning and execution for nonprofit organizations and private companies.

Monica Kalosis

Assurance

Monica Kalosis provides assurance services with a focus on financial statement accuracy. She works closely with clients to implement effective internal controls and compliance measures.

Questions

What accounting services do you offer?

We provide general ledger preparation, financial statement creation, bookkeeping, budgeting, and financial institution statement reconciliation for businesses of all sizes.

Do you handle IRS tax issues?

Yes, our team includes Certified Tax Resolution Specialists and Enrolled Agents who represent clients in IRS audits and resolve tax debt problems.

What financial planning services are available?

We offer retirement planning, education funding strategies, risk management, and goal-specific financial planning tailored to individual life circumstances.

Are you qualified to handle business tax matters?

Our CPAs specialize in business tax strategies, including entity selection, compliance, and optimization of deductions for corporations and partnerships.

What assurance services do you provide?

We conduct audits, reviews, and compilations with varying levels of assurance to meet regulatory requirements and support informed business decisions.