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:

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:

Examples of our accomplishments in the area of federal and state tax problems:

• 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 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.

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:

As life in the 21st century becomes more complicated, you are devoting time and energy to a variety of activities, including your career, family, and volunteer work. As your daily life becomes more hectic, we handle the day-to-day financial activities on your behalf. The firm of E. Martin Davidoff & Associates has a long-standing record of competency and integrity. Our experience works for you in many ways. By acting as your personal Chief Financial Officer (“CFO”), we will keep your records accurate and current so you can focus on other priorities. We follow your instructions and keep you informed of what is going on. Our services include:

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:

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:

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:

Management Information Services:

• Training on Spreadsheet Applications
• Selection of Hardware and Software
• Design & Implementation of Accounting Systems
• Training and Implementation of Quick Books General Ledger System

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: