Paul R. Gertelman, CPA, PC provides a wide range of services to individuals and businesses in a variety of industries. At Paul R. Gertelman, CPA, PC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:
- Individual and Business Tax Planning and Preparation
- QuickBooks Accounting Help and Assistance
- IRS and States Representation
- Entity Selection and Restructuring
- Life, Disability and Long Term Care Insurance
Individual and Business Tax Planning and Preparation
At Paul R. Gertelman, CPA, PC, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals. Our expertise, experience, analysis and thorough research allow us to optimize financial opportunities to be found in existing as well as recently altered tax laws.
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Paul R. Gertelman, CPA, PC's accounting services 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, tax planning, investments, and employee benefit and profit-sharing plans.
These services include but are not limited to:
- Corporate tax planning and return preparation
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Personal financial statements
- Employee benefit and profit-sharing plans
Meaningful and accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Paul R. Gertelman, CPA, PC can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
Reviews and Compilation
Paul R. Gertelman, CPA, PC's provides financial statement services depending on your company's needs.
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.
QuickBooks Accounting Help and Assistance
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.
Paul R. Gertelman, CPA, PC offers the following solutions to help meet your QuickBooks needs:
We train you personally! Either one-on-one or several individuals within your organization at your company's location.
We install QuickBooks on your stand alone computer.
We assist new QuickBooks users with initial setup including: EasyStep Interview, Preferences, Lists, Customers, Vendors, Employees, Banking and Reports. Many users experience problems and lack the ability to 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 that have the human resources to perform daily accounting and payroll tasks, but need an accounting 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.
Financial and Retirement Planning
Paul R. Gertelman, CPA, PC'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, Paul R. Gertelman, CPA, PC 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.
IRS and States Representation
Professional representation can be vital during an audit. During our years of experience dealing with many taxing authorities we have achieved a level of competence that can ensure our clients that they are being properly represented.
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Paul R. Gertelman, CPA, PC's 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. Everyone should have a well thought out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. 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.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Paul R. Gertelman, CPA, PC can advise you on choosing an entity type and later restructuring if advantageous.
Employee Benefits, Pension, and Profit-Sharing Plans
Choosing and administering benefit plans for your employees is often a complex process. Paul R. Gertelman, CPA, PC can help you develop, implement, and administer your benefit, retirement, and profit-sharing plans with an eye toward rewarding your employees and reaching 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.
Life, Disability and Long Term Care Insurance
Insurance protection can be the most important part of a strong financial plan; therefore we offer insurance and review services. Our goal is to help our clients achieve maximum protection at the lowest cost possible.
Consider the following:
1. Income Protection - 1/3 of all Americans will be disabled in their working life and 75% of those disabilities will come from illness rather than injuries. We can help protect your future income from disability.
2. Economic Life Value Protection - You represent a significant financial resource to your family. Proper life insurance coverage is the cornerstone of a good financial plan. Our life insurance protection models can help you understand which type of life insurance is right for you.
3. Retirement Income Protection - Throughout your retirement years uncontrollable factors can diminish your well being. Protect yourself against market risk, health risk and excess taxes with our retirement protection strategies.