Our Accounting Services

This is how we can help your Business

We offer comprehensive accounting services, including bookkeeping, tax prep, financial statement prep, and payroll processing. We provide tax prep for individuals and businesses, maximizing tax deductions while following regulations. We create timely financial reports, such as balance sheets and income statements, to assess financial health. Our payroll processing includes calculating salaries, taxes, and benefits while following payroll laws. We help clients make informed financial decisions.

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Preparation of all types of tax returns and information reporting forms required to be filed in the United States by U.S. citizens, residents, non-resident aliens, and all other foreign individuals subject to the rules of U.S. taxation. In addition to annual income tax returns and foreign income reporting forms, these services include, but are not limited to, gifts tax returns, estate tax returns, and foreign bank account reporting forms.
Preparation of all types of corporate and business tax returns and reporting forms required to be filed in the United States by U.S. entities and all foreign entities subject to the rules of U.S. taxation. The entities serviced include both for profit and not-for-profit businesses.
Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.
A properly structured financial plan enables you to face any financial challenge that may present itself at each stage of your life. Through the financial planning process, we can help you assess your financial needs and develop strategies that will enable you to achieve your goals and strengthen your financial security.
Forensic accounting is a special field of accountancy that is practiced by only a select few in the industry. Forensic accounting services include all engagements that are in connection to ongoing or anticipated legal disputes. These include, but are not limited to, calculation of economic damages, detection and analysis of fraud and embezzlement, divorce litigation, criminal tax issues, and expert witness testimony. The firm offers services in most litigation related matters where the expertise of a CPA is needed.
Tax planning is an essential element of the tax preparation process. By making tax planning part of your overall business and personal financial strategy, you can use our experience and access to the most current new developments in the tax laws to minimize both your current and future tax liabilities. Tax planning is most effective before final decisions are made and transactions are executed, so make sure that you contact us during the planning phase of any significant financial event in your life.

Any individual and business entity with foreign income and/or foreign assets that are subject to the rules of U.S. taxation can gain significant financial advantage from effective international tax planning. The firm has extensive experience with servicing U.S. individuals with foreign income and foreign individuals with U.S. income. This includes people planning on settling down in the U.S. and people planning on expatriating from the U.S. The recent developments in the transparency issues of foreign tax havens have made international tax planning more important than ever.

Proper representation with Audit Defense, Tax Appeals, and Wage Reclassification and Sec. 530 Representation.

For more details see each individual service provided below…
Litigation support services include all engagements that are in connection to ongoing or anticipated legal disputes. These include, but are not limited to, trust and estate related litigation, divorce litigation, tax litigation, and expert witness testimony. The firm offers services in most litigation related matters where the expertise of a CPA is needed.
Tax compliance goes beyond the filing of annual income tax returns. Many taxpayers are required to file various information reporting forms with respect to foreign bank accounts and foreign corporations. Also, annual gift tax returns might be required for persons gifting beyond the annual limit. The firm is prepared to meet all of your tax compliance needs.
A significant part of the administration of a trust or an estate is the preparation of formal or informal accountings on a regular basis to be provided to the beneficiaries, the probate judge, or any other interested party. These accountings are the responsibility of the executor or the trustee and have to be prepared in accordance with strict guidelines established by the state. The firm has extensive experience in this field and offers a full range of trust and estate accounting services from basic bookkeeping all the way to court approved formal trust accountings.
The firm offers its services to serve as professional trustee or executor of any trust or estate as allowed by law. The firm’s extensive experience in estate planning as well as trust and estate accounting make the partners well qualified to handle the high level of responsibility that is required to fulfill this position. Please make sure to consult with us before naming the firm or either partners as the trustee or executor of a trust or estate.
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. The firm can assist you with the day-to-day tasks associated with bookkeeping and the preparation of various reports necessary to streamline the management of a business.
Payroll administration can be a large burden even on a small firm with few employees, and the penalties for mistakes can be significant. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. The firm also offers complete payroll services including the preparation of all necessary payroll tax returns in a timely manner.
The management of personal finances, especially retirement and investment management, can be cumbersome and complex. Once a personal financial plan is implemented, it has to be constantly monitored to ensure that it continues to meet its objectives and analyzed for the need of adjustments based on market conditions and changes in your needs. Our firm offers complete personal financial management services including, but not limited to, investment tracking, net worth analysis, personal budget preparation, and personal spending analysis.
We cover Abatement of Penalties, Innocent Spouse Relief, Offers in Compromise, Payment Plans with the IRS, Removal of Federal Tax Liens, and Removal of Wages and Bank Levies.

For more details see each individual service provided below…

Representation Before Taxing Authorities

Both partners are Certified Tax Resolution Specialists (CTRS) and have extensive experience in representation before taxing authorities and tax problem resolution both on the federal and state levels. The firm offers representation in all types of cases involving taxing authorities on both the civil and criminal levels.

Audit Defense

Proper representation is rarely more important than in the case of an audit. The outcome can be highly affected by professional representation, just as the competence of an attorney affects the results of a court case. The firm has extensive experience in handling all types of individual and corporate audits on both the federal and state levels.

Tax Appeals

Sometimes the initial outcome of an audit is not favorable for the taxpayer. Just like in the court of law, the decision can be appealed and the outcome could be reconsidered and adjusted. The chances of success at the appellate level are highly increased by competent and experienced representation. The firm offers representative services at the appeals level for decisions made by taxing authorities.

Wage Reclassification and Sec. 530 Representation

Penalties and interests are among the highest in the case of employment tax issues. As a result, in the event a taxpayer is examined for any employment tax issue, proper representation can result in significant savings. The firm offers representation services in all employment related issues.

Tax Problem Resolution

Both partners are Certified Tax Resolution Specialists (CTRS) and have extensive experience in tax problem resolution and representation before taxing authorities both on the federal and state levels. The firm’s services include all types of tax problem resolution on both the civil and criminal levels.

Abatement of Penalties

Penalties and interest assessed by taxing authorities can accumulate very quickly and become a significant financial burden. In many cases reasonable cause can be established and the penalties and interest can be reduced or eliminated. The firm has extensive experience in this area and has successfully abated substantial penalties over the years.

Innocent Spouse Relief

Tax problems often arise during divorce or separation of spouses. In many of these cases both spouses are responsible for the tax liability accumulated by only one of the parties. We can assist you in being relieved from tax liability accumulated by your spouse without your knowledge.

Offers in Compromise

Sometimes changes in your personal financial situation prevent you from being able to pay off previous tax liabilities. Outstanding taxes can be reduced by the filing of an offer in compromise. Our firm can help you determine whether you are a good candidate for filing an offer and assist with the offer process following all required IRS protocol.

Payment Plans with the IRS

Our firm has extensive experience in setting up streamlined and non-streamlined payment plans with the IRS. Streamlined payment plans are automatic installment agreements accepted by the IRS for outstanding tax liabilities under $25,000. Non-streamlined payment plans are available for all tax liabilities above $25,000 and require specific IRS regulated procedures including the completion of collection information statements. Competent representation can significantly increase the chance of success for the approval of a payment plan by the IRS.

Removal of Federal Tax Liens

In the event of outstanding tax liability, the IRS has the authority to issue a federal tax lien on most assets owned by the taxpayer. These liens can negatively affect the taxpayer including the limitation of the use of the asset. Our firm can assist you with removing federal tax liens and regaining full control of your assets.

Removal of Wage and Bank Levies

In addition to a federal tax lien, the IRS has the authority to levy wages and bank accounts in order to satisfy outstanding tax liabilities. Under certain circumstances these levies can be removed. Our firm has extensive experience in successfully handling such cases.