Accounting and Consulting Services

• Planning: We provide year end tax planning to minimize and timely inform clients of tax liabilities (business and personal)
• Strategy: Development of tax strategies related to unusual business transactions
• Preparation: We prepare all federal, state and local income tax returns
• Complex Returns: We prepare Gift Tax, Trusts, Estate and Not-for-Profit returns
• Tax Recovery: We prepare amended returns, net operating loss carrybacks and abatement of penalties
• Representation: We represent taxpayers in IRS audits, appeals, collection issues and negotiation of liabilities 

• Certified: We provide audits of privately held companies for banking, bonding and regulation
• Benefit Plans: 401(k) and ESOP audits, including assistance with compliance
• Compliance: SAS 70 audits
• Not-For-Profit:  501(c)(3) Charitable organizations
• Government: Government (Yellow Book) audits
• Special: Bankruptcy and agreed upon procedures audits
• Financial Statement Preparation: Unaudited, Compilations and Reviews for all industries and businesses (sole proprietors, LLCs, Partnerships and Corporations)

• CFO Services: We provide sophisticated business concepts for management to consider
• Outsource: We can be your entire accounting department 
• Competence: Our CPAs provide monthly accountings that accurately reflect your company’s operations on a timely basis that will lower costs of annual tax filings
• Financials: We assist with monthly preparation of in-house financial statements
• Compliance: We prepare state and local monthly and/or quarterly filings

• Estate and Tax Planning: Certain Estate Plans and gift Tax Returns require that a business valuation be performed using methods prescribed by the IRS
• M&As: Before and during many business mergers and acquisitions, business valuations will be performed to help determine purchase prices, contract terms, allocations and overall strategy.
• Litigation: Quite often the value of a business is a much-debated issue during litigation. Business valuations help to determine equitable resolutions
• GAAP: FAS 141 and 142 require, at various times, the application of modern valuation to measure impairment of intangible assets
• Specialists: Our valuation staff consists of advanced certifications with CVA designations

• Minimize Tax: Or eliminate estate taxes using the most advanced planning techniques
• Overall Plan: Working with the client & other professionals to achieve specific goals that include the "Family" and "Family of Business"
• Compliance: We prepare all necessary federal, state & foreign filings including Forms 706, 709, 1041, 990, 1065
• Asset Protection: Incorporate, if necessary, entities & possible asset protection into overall estate plan
• Accounting: We provide annual accounting for court proceedings & beneficiaries
• Litigation: Assistance with family disputes, litigation negotiations & evaluation of equitable remedies

• Statistics: Did you know losses to fraud are estimated to be 5% of your gross revenues?  (Source:  Association of Certified Fraud Examiners  Report to the Nations 2024 Global Study on Occupational Fraud and abuse ). 
• Psychology: Opportunity, Motivation, and Rationalization are key elements to fraud
• Training: 

1. Evaluate existing internal controls
2. Design customized internal control  procedures
3. Implementation, maintenance and periodic     testing of controls

• Investigation: Red flags and other evidence of fraud
• Specialists: Our fraud unit consists of staff with advanced certifications CFF and CFE designations

• Support: We commit our accounting staff and firm resources
• Timeliness: We communicate missing accounting pieces to keep the case moving forward
• Strategy: We inventory and evaluate accounting documents and provide alternative sources to obtain missing pieces 
• Consulting: We are experienced in handling complex accounting issues. We interpret and translate sophisticated accounting matter to legal jargon
• Expert: We have experts that have testified in every court
• Reports: We prepare valuation, damage studies, exhibits and settlement proposals

• Practice Valuation
• Advanced Income Tax Preparation
• Compensation Analysis
• Practice Ownership Transition
• Collection Analysis
• Equipment Purchase vs. Leasing Analysis 
• Bookkeeping Services
• Asset Protection Strategies
• Estate Planning

• Company Financial Statement Preparation (including a classified balance sheet)
• Personal Financial Statements for each business owner
• Working Capital Requirements
• Net Worth Requirements
• Work in Progress
• Job Costing
• Job Bidding
• Construction Tax Credits and Deductions
• Asset Protection
• Cash Flow Analysis

We Understand Accounting for Tech firms, Tech Startups and IT Professionals. 

We also provide Business Advisory Services related to the following:

• Research and Development Tax Credit
• Equipment Purchase vs. Leasing Analysis 
• Energy Efficient Commercial Buildings Deduction
• Tech Firm Valuation
• Asset Protection Strategies
• Compensation Analysis
• Firm Ownership Transition
• Collection Analysis
• Advanced Income Tax Preparation
• Bookkeeping Services
• Estate Planning

Evaluation of Operations:

• Growth and Cash Flow Analysis
• Fraud Prevention Training
• Break-Even Analysis

Experienced CPAs Providing the Following:

• Strategic Planning
• Accounting Software Training
• Business Exit/Succession Planning