Looking for high-quality financial and tax advice and complete accounting services at a reasonable price? Welcome to our firm. We offer accounting, taxation, and small business consulting services with a personal touch. Our accounting firm was established to provide efficient, expert solutions to businesses and individuals.
We are the successor firm to MZ Ottenstein, with 80 years experience. Our primary services include accounting and taxation. We also offer a host of specialty services to cater to the unique needs of our clients. Our staff accountants serve a wide range of individuals, financial planning trusts, estates, and charitable funds and are experts in the accounting issues and tax laws that impact our clients. We offer the benefits of years of experience gained from previous positions. We are an equal opportunity employer and are members in good standing of multiple professional organizations.
We have relationships with financial firms for capabilities including retirement plans, investments, college savings, insurance, lines of credit and mortgages. In many circumstances, our clients can obtain a second opinion on financial matters to give them peace of mind.
The firm is dedicated to serving all of your accounting, tax, and financial services needs. Our continuing mission is to serve you by providing the highest level of expertise and professionalism possible.
Member : Accountants World, American Institute of CPAs, NYS Society of CPAs, Financial Planning Association
New York Accounting Service Offers Affordable Accounting Solutions
Handling all your accounting finance issues by yourself, as your business grows, will not be easy for you. You will find it difficult to keep up with all the requirements of your financial accounting. The services of skilled accountants to handle them, will become imperative. A New York Accounting Service will help you with your financial accounting, no matter what the size of your firm.
If you are planning to start a new business, all your financial issues can be taken up by a New York Accounting Service. Apart from a support structure, which is crucial for your new business, qualified accountants at the New York Accounting Service, will give you advise you sound accounting protocols. It is very important to develop the accounting finance structure in a new firm, and that is what a New York Accounting Service does.
Services a New York Accounting Service Provides
There is a wide array of services that a professional New York Accounting Service provides, including financial accounting, accounts receivables, accounts payable, financial reporting, cash management, preparing cash flow statements, and budget reports.
The most important financial accounting service that a company which sells on credit requires, is tracking accounts receivables. The accounts receivables of your firm can be handled by qualified accountants at the New York Accounting Service. They will carefully prepare cash flow statements, which will help you project the future profitability of your business and grow further. The cash flow statements help you make prudent business decisions, by allowing you to see exactly how your money is being spent.
The New York Accounting Service provides accountants who are highly qualified and professional. Most of them hold the CPA title – Certified Public Accountant. In order to be titled CPA, qualified accountants in the US have to not only successfully complete the Uniform Certified Public Accountant Examination, but also meet state requirements of education and experience. A CPA provides two very important services – assurance services and public accounting. However, the expert services of a qualified CPA, are very crucial for the financial accounting of private firms as well.
All the processes within the company will be documented through an internal client procedure manual, which will be maintained by a New York Accounting Service. The financial packages of every month are prepared and delivered on time. Your organization gets the benefit of increased productivity and efficiency, as the New York Accounting Service works in real time.
The Benefits of a New York Accounting Service
The accounting system for your firm will be customized, based on your requirements. When it comes to accounting systems, there is no ‘one-size-fits-all’ kind of solution. However, qualified accountants can create a system that is beneficial for your business, by customizing accepted accounting protocols. That is just what a New York Accounting Service can do for you. You can concentrate on running your business profitably, and leave the financial accounting aspect to a New York Accounting Service.
A professional New York Accounting Service will also create financial statements for you every month. This will provide details about the outcome of your operations and the current state of your business. Whatever the accounting system, the financial statements form the focal point. They accurately summarize the health of your organization.
Apart from internal financial accounting, firms also have to pay attention to the governmental requirements regarding filing of payroll, sales and tax returns. By taking care of all government related documentation for you, the New York Accounting Service will save you the frustration of getting caught in red tape.
Overstaffing is a crime for companies in the fiercely competitive marketplace of today. They have to work extra hard and be lean. However, if the one accountant handling all your financial accounting becomes unavailable, how will you cope? A qualified New York Accounting Service will make sure that your accounting system is never disrupted, because they give you the security of a back-up of qualified accountants. The unavailability of any one person is not a problem, as there are still many others available to fill in.
You are provided an excellent data processing facility, by a New York Accounting Service. Whether they work on their own system or on a system that they install for you, the results remain consistent, since they use proven programs. As if all this is not enough, the services provided by a reputable New York Accounting Service are extremely flexible. The services of the New York Accounting Service are very adaptable. They can incorporate changes on your end on a weekly, monthly, quarterly or annual basis.
Having professional accountants know the ins and outs of the financial accounting aspect of your company, is a huge advantage, if and when there is an audit. Preparing for audits is a task that can consume weeks of your productive time. You will be able to face any audit successfully with the help of a professional New York Accounting Service. They will use whatever method of calculation is required and comply with any records requested.
What Value Does a New York Accounting Service Add?
You needn’t worry about crunching numbers yourself when there are professionals to do it for you. As a business owner, spend your time more productively instead. Strategize long term growth plans for your organization or rejuvenate yourself, with some time off! That extra time may allow you the opportunity to make existing processes and procedures in your company more efficient. Alternatively, you can use the extra time to acquire new customers or make your existing customer base stronger.
Leave the chore of maintaining accounts to the qualified accountants at the New York Accounting Service. For a minute, try to value your time in dollars. This will make the implications of this decision clear. For the sake of argument, let’s value your time at $40 per hour. If you do 5 hours of financial accounting a week, you are spending time worth $200 on it. Couldn’t your time be more productively utilized? Even accepting that an accountant costs more, it would take them half the time to do that much work. So, you would actually save money. Therefore, using the services of a New York Accounting Service helps you in two ways. The accountants can achieve more for you in less time, and you can do more for yourself in the free time that you are left with.
What’s more, the accuracy that an experienced New York Accounting Service bring to the work does not need to be double-checked. With all their training, the accountants specialize in calculating accounting numbers quickly and accurately. A professional New York Accounting Service earns its reputation based on reliability, dependability and accuracy of information.