TAX PREPARATION AND PLANNING

Individual

• Federal and multi-state income tax returns prepared using the most up-to-date tax software.
• Convenient electronic filing to get your refunds as quick as possible.
• Planning for correct withholdings and estimated payments throughout the year.
• Tax planning strategies to minimize your tax liability.

Business

• Federal and multi-state income tax returns prepared.
• Monthly/quarterly analysis of books and records to keep management informed to minimize year end tax liabilities.
• Payroll services including convenient electronic tax depositing, quarterly and annual payroll tax returns.
• Sales and use tax returns prepared for quarterly and annual filers.
• W-2’s and annual 1099 informational returns filed.

Estate and Gift Tax

• Estate Tax Returns, Estate Income Tax Returns and Trust Tax Returns prepared with beneficiary K-1 reporting.
• Gift tax returns to report a transfer of assets to another individual.

Tax
Plan your withholdings and estimated tax payments, prepare for estate tax and gift tax.

Estate and Retirement Planning

Estate
Estate and retirement planning are NOT only for the wealthy.  Strategic estate planning for your personal and small business assets are needed to protect your life’s work and provide the best tax treatment possible. 

Retirement
This planning is vital to determine how you will live in your retirement years. How much to save, where to save it, how much insurance is needed are all questions we can help you answer.

Eldercare
As the cost of care in assisted living and nursing facilities skyrockets, paying for that care has become a major concern for our elder clients and their families.  Rather than watch the high cost of elder care disintegrate your life savings, you may be able to legally preserve some or all of your assets. We can assist you in taking advantage of available means for preservation of assets and income. We can assist you in planning in advance for you to create legal safeguards through Durable Powers of Attorney, Wills, Health Care Proxies/Living Wills and Trusts that properly address eldercare issues. We can assist our elder clients with any or all daily recordkeeping and bill payments.  We can take the worry out of these responsibilities, so you can enjoy your "golden" years.

SMALL BUSINESS DEVELOPMENT

New Business Setup
Many forms need to be filed to begin doing business in New York State. We prepare these for you or get you started to prepare them yourself. We can guide you through the steps to get your accounting system started for your business.

Software Training
As a QuickBooks advisor, we can purchase software and train your staff to perform basic and advanced procedures. Our staff is also accomplished in Peachtree, One Write Plus, and more.

Business Education
Each day there are new regulations and tax law changes that may need to be implemented. Our business clients are advised of any changes that may affect their accounting controls, payroll, sales tax and income tax.

ACCOUNTING

Bookkeeping
Daily, monthly and quarterly services are available, including but not limited to invoicing, bill paying, and payroll.  We are also available to assist your bookkeeper in maintaining an accurate set of books and financial records.

FINANCIAL STATEMENT ATTESTATION SERVICES

Audits
Formal examination of accounting records and assessment of internal controls to form an opinion on financial statements.

Reviews
Evaluation of accounting records and understanding of internal controls to form an opinion on financial statements.

Compilations
Present your accounting records in formal financial statement format to obtain bank loans and other financing.

Management Use Only
Present your accounting records in a format for management use in utilizing data to assist with management decisions.