Constructive tax planning is one of our principal services. We give our most focused attention to the tax planning issues of the closely held corporation and its stockholders.
We provide a wide array of business accounting services, including preparation of both audited and unaudited financial statements (compilations and reviews). We also provide general ledger and client write-up services, as well as special-purpose engagements relating to the specific needs of a client.
We also offer estate, retirement planning and investment advice. So that we may offer the most comprehensive services, we work closely with and consult with a number of experienced resource professionals, including lawyers, actuaries, pension administrators and investment advisors.
The tax preparation area of our practice includes more than 200 corporate and partnership tax returns and more than 1,000 individual, estate, trust and gift tax returns. Our firm is well versed in all areas of payroll taxes, both federal and local, as well as in states outside of the tri-state area. We also provide sales tax preparation, review and research.
We offer audits, reviews and compilations of financial statements. We provide different levels of assurance, depending on your needs and those of stockholders, creditors and various government agencies. We also offer surrogate and fiduciary accountings as well as accounting services for small businesses.
We assist in compliance with IRS requirements to file information Forms 5500 and 990, the employee benefit plans to satisfy annual reporting requirements under ERISA and the Organization Exempt From Income Tax, respectively.
Whether you are launching a new business or have been doing business for decades, early decisions are critical to the future operations of a business. We offer assistance with evaluating the pros and cons of each type of entity used to conduct business planning:
- Planning the Start-Up Needs for Capitalization
- Registration With the Proper Taxing Authorities
- Making Necessary Elections On a Timely Basis
We help you evaluate the costs, benefits, and other considerations when deciding to form a pension, profit sharing, or other type of retirement plan. We also offer assistance with planning issues relating to the sale of a business, as well as with banking relationships and insurance matters.
- Real Estate
- Cooperatives and Condominiums
- Owners and Operators
- Management Companies
- Professional Services
- Small and Family-Owned Business Accounting
- Service and Repair
- Employee Benefit Plans and Unions
- ERISA Audits
- Preparation of IRS Form 5500, Form 990, and Form LM-2
- Employer Payroll Audits