Our Services

You work hard for your money and we want you to enjoy the fruits of your labor.  Through proper planning-- and by monitoring ever-changing tax laws -- we can minimize your tax liability and help you plan for the future growth of your earnings.  Our services in this area include:

Preparation of:

Trust (Fiduciary) Income Tax Returns

Individual Income Tax Returns

Gift Tax Returns

Year-round and Year-end Tax Planning

Brokerage Analysis

Tax Research

Retirement Planning

Estate Tax Planning

Resolution of Complex Tax Problems

Bill-paying Services

Personal Financial Statements

College Financial Planning

Resolution of State and Federal Tax Problems

Receiving notice of an IRS audit can send shivers down your spine, but handling disputes with the IRS need not be frightening.  Our experienced staff can represent you and/or your business to quickly settle disputes with the most beneficial outcome for all parties involved. We can provide assistance with:

Offers in Compromise

Responding to IRS and State Notices

Payment Plan Negotiation

Representation During Audits of Income, Sales and Unemployment Taxes

Independent Contractor / Employee Classification Issues

Here are some examples of our accomplishments in these areas:

• We have successfully completed dozens of offers in compromise with the IRS, and the NJ and NY Divisions of Taxation; with liabilities up to and over $1 million and payouts ranging from 4% to 62%.

• We frequently negotiate with the IRS to release levies and liens in exchange for flexible payout terms, and to waive thousands of dollars of penalties.

• We convinced the IRS to reverse an assessment of over $10,000 even though the time to appeal to the U.S. Tax Court had expired prior to our first meeting with the client.

• In another instance, with only 5 weeks remaining before the deadline, we convinced the Internal Revenue Service to reverse over $110,000 of trust fund recovery penalties and associated interest.

"CFO in a Box"

As a business owner, you devote most of your time and expertise to providing a quality service or product. When your primary responsibilities leave little time to handle the financial aspects of the business, leave that part to us. With over 20 years experience as a small business advisor, we can assume the role of Chief Financial Officer and take responsibility for functions vital to keeping your business afloat. While you apply your knowledge to your specialty, we will use ours to handle a number of financial activities, such as:

            Bill Paying

            In-House Financial Analysis For Managing Your Business

            Accounting for all Financial Transactions

            Budgeting

            Payroll

            Tax Compliance/Tax Returns

            Creation and Monitoring of Financial Statements

Monitoring Business Growth

            Coordination with Outside Auditors and Accountants

Probate/Death Taxes

The loss of a loved one creates a tremendous amount of stress and anxiety.  Dealing with the financial implications of death should not worsen the situation.  We can guide you through the process to properly handle all the tax and financial matters, including:

Probating Wills

Inheritance Taxes

Estate Taxes – U.S. Form 706

Estate Income Tax Returns Preparation

Gift Tax Returns

Liquidation and Distribution of Assets

Business Start-Ups, S Corporations and LLC's

Starting a new business or selecting the appropriate form for a business can often be a confusing process for entrepreneurs or business owners.  Our qualified staff can lead you through the maze for:

“CFO in a Box”

Formation of Corporations

Formation of Limited Liability Companies

S Corporation Elections

Securing Employer Identification Numbers

Registration with Tax Agencies

Consultations Regarding Choice of Entity

Setup of Accounting Systems and Related Training (e.g. QuickBooks)

Tax and Financial Planning for Businesses

The success of your business relies on effective planning, analysis and decision-making.  We can evaluate your operations to develop short-range and long-range plans for business management, tax and financial issues, and information technology.  Our goal is to maximize your after-tax cash flow and your bottom line, through:

Tax Preparation of Corporate and Partnership Income Tax Returns

Tax Planning & Consulting

Business Plan Development

Cash Management & Cash Flow Forecasts & Projections

Business Loan Applications

Tax Planning for Mergers & Acquisitions

Management Information Services

            Selection of Hardware and Software

      Design & Implementation of Accounting Systems

      Training and Implementation of QuickBooks General Ledger System

      Training on Spreadsheet Applications

Accounting and Auditing Services

By streamlining your day-to-day operations, we can enhance your ability to evaluate business performance and simplify reporting functions.  We can assist you with:

Compilations

Reviews

Audits

Financial Management, Controllership and Accounting Functions

Analysis and Interpretation of Financial Statements

Budget Preparation