Accounting Services

Our commitment is to provide timely and accurate financial reports.
Our general accounting services includes the following:

• Preparing monthly bank reconciliations
• Maintaining your accounting records on a monthly basis
• Unaudited Financial Statements
• Preparing Sales Tax, Payroll Tax & Business Tax returns
• Assessment and evaluation of your business through operating budgets and cash flow forecasts

Tax Services

Our significant investment in tax software enables us to accurately and efficiently prepare returns for various types of entities. We provide the highest-quality service with an extra measure of personal attention. The tax preparation process takes the following steps:

• • Consulting with a client to determine the issues affecting the return to be prepared
  • Identifying additional tax deductions and/or tax credits
  • Offering electronic filing to allow you to receive your refund faster

We prepare returns for individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations. We also prepare returns for all states and local jurisdictions.

Tax Planning

Tax planning is a vital procedure correlated to the health of a business. Effective tax planning should begin early in the tax year, and should be reviewed and monitored throughout the year. Our mission is to inform clients of the actions they can take to minimize tax liability and avoid penalties and interest. These services are tailored to each client.

Estate Planning

• Planning for the eventual distribution of a deceased person’s estate
• Guiding clients through the legal and tax matters related to use of wills, trusts, insurance policies, etc.
• Administering counsel to fiduciaries

Financial Statements

We provide you with tools to assess your financial position by assisting you in the preparation of financial statements using required professional standards. We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. We provide financial reporting on all three levels of assurance: Audits, Reviews and Compilations.

Cash Flow & Budgeting analysis

A business can be profitable and still run into trouble due to cash flow issues. We can forecast and evaluate your company’s financial condition, estimate financing requirements, and track cash-flow sources and uses.

IRS Representation

A return may be selected at random for audit, or the taxing authority may just be seeking additional information or substantiation for a position taken on a tax return. We will represent your interests before the taxing authorities to obtain as fair, impartial and favorable treatment as is possible in accordance with tax laws. Our professionals are ready, willing, and able to apply our expertise to your unique situation. We provide these services to individuals and businesses.

Computer Consulting & Accounting System Implementation

Information Technology has become a vital part of most businesses. As a result, many companies are turning to outside experts to obtain this necessary service. As a natural outgrowth of the services we perform for our clients, we will provide immediate solutions to their technological issues related to accounting systems implementation, either by phone or by remotely connecting to their network.

Management Consulting

We offer advice to organizations on management, performance and operational issues. Services we provide include:

• Analyzing which business structure suits the client
• Forming Corporations & Limited Liability Companies
• Assisting in business plan implementation
• Reviewing internal control procedures

Financing & Grants

Our firm is committed to providing financing and grants solutions to our business clients. We work closely with financial institutions in order to accommodate the banking and financing needs of our clients. We also serve as the liaison between our business clients and NYC Business Solutions. NYC BS offers the opportunity to small businesses, including start-ups, to apply for grants and loans and aids in MWBE (Minority Women Business Enterprise) certification.

Legal Support

Our in-house legal team provides the following services:

• Drafting of Operating Agreements & Shareholder Agreements
• Negotiating Business & Real Estate (including leases) Contracts
• Litigation Services