Individuals and businesses in Brooklyn turn to Brooklyn CPA for first-rate tax and accounting services. Born and raised in Dyker Heights, he understands the unique needs of people in the community and provides real-world advice and guidance on bookkeeping, audits, and tax preparation. You can trust Brooklyn CPA to handle your books and tax returns professionally and expediently. Call today for a consultation.
Brooklyn Business Accountant
Brooklyn CPA provides tax and accounting services to a wide range of businesses, including corporate entities, partnerships, limited liability companies (LLCs), limited liability partnerships (LLPs), and nonprofit organizations. He also lends his skills and experience to advise cooperative housing corporations (co-ops), and condominium and homeowner associations (HOAs)
Brooklyn CPA knows that every business is different and tailors his services to each client’s needs and objectives. His comprehensive services include business and tax accounting, income and employment verification, and strategic business planning.
Fractional Accounting Services
In addition, Brooklyn CPA provides fractional accounting services to clients on matters such as:
- Business formation and start-up services
- Audit and attestation services
- Setting up and training on QuickBooks
Brooklyn CPA also serves as an outsourced CFO, collaborating with internal accountants and bookkeepers to advise clients on finance, business, and accounting matters.
Professional Bookkeeping Services in Brooklyn
As an experienced CPA, Brooklyn CPA can organize your business’s financial records, giving you a window into your company’s profitability, expenditure patterns, and preparedness for tax filings. His bookkeeping services include:
- Payroll
- Accounts receivable
- Accounts payable
- Bank record reconciliations
You can count on Brooklyn CPA to maintain the accuracy and timeliness of your books. Whether you require monthly, quarterly, or annual bookkeeping, you’ll have ready access to your financial records. He also provides dependable tax guidance and support, ensuring that each line item on your ledger qualifies for optimal tax treatment.
Providing Tax Preparation Services to Businesses and Individuals in Brooklyn
As an experienced CPA, Brooklyn CPA regularly prepares and files tax returns for businesses and individuals.
Business Tax Services
Brooklyn CPA assists entrepreneurs, startups, and established businesses with annual tax return filings. A business’s income tax treatment depends on its structure:
- Sole Proprietorship
- Limited Liability Company (LLC)
- Partnership
- S-Corporation
- C-Corporation
The IRS requires sole proprietorships and LLCs to report their income on Schedule C of an individual tax return. Owners are subject to federal self-employment taxes and payroll taxes, while owners of partnerships and S-corporations must file separate tax returns for the business.
For partnerships, Form 1065 (income and expenses) must be filed by March 15th. The individual partners include their portions on their tax returns. S-corporations must file Form 1120S by March 15th and are not responsible for the self-employment tax.
Brooklyn CPA works to help business owners clarify their assets and liabilities and mitigate tax liabilities. Above all, he is committed to ensuring that you only pay the taxes you truly owe. With a track record of satisfied clients, Brooklyn CPA has the skills and experience to deliver exceptional accounting services.
CPA For Preparing Individual Income Tax Returns in Brooklyn
Brooklyn CPA works with professionals, business owners, employees, artists, and nonresidents in Brooklyn on their federal, state, and municipal income taxes. He is the accountant of choice for preparing tax returns accurately and expediently and working strategically to get clients the maximum refund they deserve.
As a CPA, Brooklyn CPA can also assist with past-due tax returns, non-filed tax returns, back taxes owed, interest, and penalties, as well as:
- Correcting mistakes on prior returns
- Amended tax returns
- Filing extensions
From preparing tax returns to resolving tax problems, he will work to protect your rights and interests. Brooklyn CPA also provides CPA Letters for mortgages.
Attestation Services
Brooklyn CPA offers comprehensive attestation services to business clients in Brooklyn, including:
- Compilations
- Reviews
- Audits
An experienced Brooklyn CPA can help to prepare accurate financials to obtain business financing, verify your nonprofit’s financials for potential donors, or conduct a comprehensive audit of your company’s internal controls.
Why Choose Brooklyn CPA?
As a Brooklyn native, Brooklyn CPA understands the challenges and concerns of business owners and individual taxpayers. You can depend on him to assess your situation and tailor a tax and accounting solution to your needs. As a CPA, he follows the standards established by the American Institute of Certified Public Accountants (AICPA) and provides clients in Brooklyn with unparalleled tax and accounting services. Trust Brooklyn CPA Ravall to provide the professional services you need and the personalized attention you deserve.
Talk to An Experienced Brooklyn CPA Today!
Whether you need bookkeeping services for your small business, an individual tax return, or more complex tax and accounting services, Brooklyn CPA is the experienced choice. Call today to book a consultation.