Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Tax Management Services
At Singer & Falk CPAs, we provide our clients in Melville with financial strategies that minimize your tax liabilities, maximize your cash flow, and keep you on track with your financial goals. Our expertise, tax management experience, analysis, and thorough research allow us to optimize financial opportunities to be found within existing and recently altered tax laws. We are knowledgeable and up to date on tax laws and can make sense of your receipts, bills, and notices.
Corporate Tax Services
Relieve stress on your internal accounting departments in New York by allowing our experienced Melville team to assist you in meeting the challenges and constantly changing requirements of managing corporate taxes. We work as seasoned advisors to help our New York clients better understand tax rules and how they impact tax planning and reporting. We also offer solutions to diminish risks associated with tax compliance exposures, ensuring you greater peace of mind.
Estate and Trust Planning/ Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For Melville businesses, it can maintain a smooth succession of ownership. Our role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don’t have any complications to deal with during a time of loss.
Professional representation can be vital during an audit, and our IRS experience with tax authorities enables us to guide New York clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our Melville accounting firm can put many of your worries at bay. We are ready and willing to answer any questions the IRS may be asking of you.
Whether you’re a corporation with overseas operations or a New York business or an individual in Melville needing to work out taxation of U.S. residents working abroad or foreign citizens working in the U.S., Singer & Falk CPAs can help you plot a course through cross-border taxation issues. There are many special rules and policies for US businesses with a foreign presence. We can help you make sense of how you are affected by them.
Whether you’re a corporation with overseas operations or a business or individual needing to work out taxation of U.S. residents working abroad or foreign citizens working in the U.S., Singer & Falk CPA’s can help you plot a course through cross-border taxation issues. There are many special rules and policies for businesses with a foreign presence. We can help you make sense of how you are affected by them.
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Our role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don’t have any complications to deal with during a time of loss.
Relieve stress on your internal accounting departments by allowing our experienced team to assist you in meeting the challenges and constantly changing requirements of managing corporate taxes. We work as seasoned advisors to help our clients better understand tax rules and how they impact tax planning and reporting. We also offer solutions to diminish risks associated with tax compliance exposures, ensuring you greater peace of mind.
From start-ups to established enterprises, businesses across New York and Long Island rely on accurate and insightful financial information to maintain profitability and capitalize on new opportunities. Singer & Falk CPA’s accounting services in Melville, NY steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans. Accounting services include, but are not limited to:
Our general ledger reconciliation and financial statement preparation services allow our clients in Melville to focus on running their New York business while we manage their finances. We utilize a variety of advanced software to ensure your general ledger needs are met at every turn.
Accurate record-keeping is essential to a successful business yet can also be complicated and time-consuming. Singer & Falk CPAs in Melville can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Singer & Falk CPA’s payroll services in New York can help you reduce the time spent on administration by developing and implementing a computerized payroll system that will facilitate processing, timely payment, and preparation of tax returns.
Good cash management can improve a company’s liquidity, reduce costs, and increase profitability. Singer & Falk CPAs can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business’s ability to survive. We can help you analyze your spending, and rebalance your budget and/or debts for an optimal cash flow to support your business’ success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
Choosing and administering benefit plans for your Melville employees is often a complex process. Singer & Falk CPAs can help you develop, implement, and administer your benefit, retirement, and profit-sharing plans to reward your employees and reach your company’s financial and business goals. We can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business.
Singer & Falk CPA’s litigation support and forensic accounting services in Melville can be employed in a wide range of situations, including commercial litigation, financial investigations, business valuations, business, and marital dissolutions, and bankruptcies. These litigation services can involve quantification of economic loss or damages, analysis of financial records, and fraud and theft investigation. Financial and personal records are often vast and confusing to sort through. With our professional training in this matter, we can make sense of these records and transactions and get to your bottom line.
Whether your needs are corporate or personal, Singer & Falk CPA’s professionals in Melville, NY can assist you in sorting out the different options available for debt management and financing that will lower your payments and/or reduce the total amount of interest paid. Re-balancing your debts can also result in tax deduction savings. Even if you can handle the payments and the amounts of your current debts, our finance expertise may be able to save you money and/or lower your payments.
Singer & Falk CPA’s goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Singer & Falk CPAs in New York can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.
Accounting System Setup & Support
QuickBooks can provide useful and timely information in the form of financial statements, reports and graphs. However, it can only provide this information if you purchase the right product and then install, setup and use it properly. We don’t just help you use the software, we help you use it more efficiently and more effectively.
We train you personally! Either one-on-one or with several individuals within your organization at your company’s location in Melville, New York, or Long Island.
We install QuickBooks on your stand alone computer or in a network environment, in either single- or multi-user mode.
We assist new QuickBooks users with initial setup including EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking, and Reports. We also help experienced users manage their New York businesses more effectively by improving their current setup. Many users experience problems and cannot generate and track important information as a result of inadequate setup.
Our QuickBooks support service can assist you with any installation, setup or operation assistance you might need. In addition, our support is not limited just to the software part of it, but we can also provide accounting and payroll assistance.
Our QuickBooks review service helps companies across Long Island & New York that have the human resources to perform daily accounting and payroll tasks but need an accounting and payroll expert to review your transactions, accounts, and reports. This review ensures that you receive timely, relevant, and reliable financial information. We also inform you of any corrections, adjustments, or reclassifications necessary to ensure that the financial information you receive reflects the correct financial condition of your business. Reviews may be conducted at any time, but monthly reviews provide you with up-to-date information and feedback about your business.
Assurance & Advisory Services
At Singer & Falk CPAs in Melville, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures, and working to produce strategies that help our clients across New York and Long Island face the myriad challenges of business planning and execution. Our clients in Melville benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.
Singer & Falk CPA’s financial statement services comprise all three levels of assurance depending on your company’s needs.
- Audits offer the highest level of assurance to third parties and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
- Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
- Compilations are usually requested for internal purposes and are based upon information provided by a company’s management. They do not offer assurance but may involve some adjustment to accounting records.
Your business entity has a large impact on your taxes and other liabilities. From your company’s inception through its growth and development, Singer & Falk CPAs can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and financial expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
No one can predict the future perfectly, but we can all benefit from planning for it. Singer & Falk CPAs combine financial expertise and experience with a gained understanding of your business to produce financial projections that can help you manage your business plan and spending. Forecasting for the future is imperative to your company’s success. We make it a point to keep current with market trends and updates so that your business can be prepared for what is to come. Depending on your financial needs, our work can range from top-level reports to detailed financial models.
The range of needs for valuing businesses across Long Island & New York continues to widen. Singer & Falk CPAs can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships, and ESOPs. There are so many factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.
Business transactions and transitions are complicated affairs, and whether you’re buying, selling, or considering a potential merger, Singer & Falk CPAs in Melville can provide professional know-how to help you successfully structure and negotiate the deal. Singer & Falk CPAs employ careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your New York or Long Island business is a huge undertaking. With our expert financial advice, you can make the right business decisions for your business for optimum success.