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1031 Exchanges

1031 Exchanges and Like-Kind Transactions.

It is our goal to reserve our clients’ wealth & alleviate their taxes. It is possible to create tax-free liquidity from a 1031 exchange. However, it must be structured correctly, with the right team leading you. We focus on the complexities that Business Owners & Entrepreneurs face.

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Leading the Industry in 1031 Exchanges

It is our goal to reserve our clients’ wealth & alleviate their taxes. It is possible to create tax-free liquidity from a 1031 exchange.

However, it must be structured correctly, with the right team leading you. We focus on the complexities that Business Owners & Entrepreneurs face.

Our expert team of Attorneys’ and Accounting Specialists collaborate on strategies to effectively service these groups.

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WHAT OUR CLIENTS ARE SAYING!

DeFreitas & Minsky maintains high standards, produces detailed information and gets involved with our company so they can understand the operation on a more personal level. The information they provide is always accurate and current. We have been with them for more than 30 years!
Pamela Gossy
Pamela GossySyosset Truck Sales Inc.
4 years agoThis is my second year filing my taxes with DeFreitas & Minsky. I was referred by a friend. Honestly, It’s a blessing sent. Everyone there is professional and knowledgeable about tax codes. They even keep me abreast via email whenever there’s a new tax law and what it entails. I feel safe and sound when doing business with them.
Junior Prophete
Junior Prophete
True professionals and attentive to all of my needs. Manny, Melissa, and Michael are all super helpful. They took the time to help me with my taxes, financial planning, and estate tax needs. I highly recommend them.
Deena Polsinelli
Deena Polsinelli
We’ve been working with Manny for the last 10 years. Whenever we have a question he’s there and if he’s in a meeting during Tax Season (it happens), Jay is always there. Thank you Gentlemen.
Thomas Jacoberger
Thomas Jacoberger
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FAQ

Frequently Ask Questions.

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An audit is designed to provide an objective examination and evaluation of your financial statements to ensure that they are accurate and comply with applicable laws and regulations.
The duration of an audit can vary depending on the size and complexity of your organization. Typically, it ranges from a few weeks to several months.
You'll need financial statements, accounting records, bank statements, invoices, receipts, and any relevant legal documents.
This depends on your business needs, industry regulations, and sometimes investor or stakeholder requirements. Many businesses opt for annual audits.
An internal audit is conducted by your organization's internal audit department, focusing on risk management and process improvements. An external audit is carried out by an independent firm to validate your financial statements.
Yes, audits can identify areas of financial risk and provide recommendations for improvements.
If discrepancies are found, we will discuss these with you to understand the reasons behind them and advise on corrective actions.
Not all businesses are required to have an audit. It depends on the size, structure, and jurisdiction of the business.

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516.689.1515

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30 Jericho Executive Plaza Suite 500W, Jericho, NY 11753

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