Certified Public Accountant in Holliswood

70+ Years of Guiding Our Clients Towards a Brighter Future

Your Trusted Certified Public Accountant in Holliswood

Navigating the complexities of financial management requires expertise and precision. A Certified Public Accountant (CPA) serves as a vital partner in ensuring your financial strategies are sound, compliant, and optimized for success.

At DeFreitas & Minsky LLP, our CPA services extend to the Holliswood community, delivering tailored accounting solutions designed to meet the unique needs of businesses and individuals alike.

The Role and Value of a Certified Public Accountant

Engaging a CPA isn’t just about managing numbers; it’s about securing your financial future. CPAs provide comprehensive services including tax planning, business accounting, estate planning, and wealth management. Their expertise helps clients minimize tax liabilities, comply with regulatory requirements, and make informed financial decisions that promote growth and stability.

DeFreitas & Minsky LLP: Expertise Serving Holliswood

With decades of experience serving New York clients, DeFreitas & Minsky LLP combines deep industry knowledge with personalized service. Though not physically located in Holliswood, our firm is committed to providing the community with top-tier CPA services, leveraging advanced technology and a client-focused approach to deliver results.

Understanding Certified Public Accountant Services

Certified Public Accountants are licensed professionals who offer a broad range of financial services beyond basic accounting. Their role includes auditing, tax preparation, financial consulting, and strategic planning tailored to individual and business needs.

CPAs stay updated with the latest tax laws and financial regulations, ensuring their clients benefit from all available deductions and credits while maintaining compliance with government requirements.

What Does a Certified Public Accountant Do?

A CPA acts as a trusted advisor, skilled in analyzing financial data and offering advice that helps clients optimize their financial health. Their services cover tax return preparation, financial statement audits, business tax planning, estate and trust planning, and more.

Key Elements of CPA Services

Core services include:– Tax preparation and planning– Financial audits and reviews– Business and personal financial consulting– Estate and trust tax management– Payroll and corporate restructuring support

Glossary of Key CPA Terms

Understanding common CPA terms can help you better engage with your accountant and make informed decisions.

Tax Planning

The process of organizing your financial affairs to minimize tax liabilities legally and efficiently.

Estate Planning

Strategies to manage and distribute your assets after death, ensuring your wishes are fulfilled and taxes minimized.

Financial Audit

An objective examination of financial statements to ensure accuracy and compliance with accounting standards.

Trust Services

Management and oversight of assets held in a trust, providing fiduciary responsibility and tax planning.

Choosing the Right Financial Expert

While many professionals offer accounting services, a Certified Public Accountant provides a higher level of expertise, certification, and legal authority to represent clients before the IRS.

When Basic Accounting Services May Suffice:

Simple Tax Situations

Individuals with straightforward income sources and minimal deductions may only require basic tax preparation without comprehensive CPA services.

Small Transactions and Limited Business Activities

Small business owners with uncomplicated transactions might manage with standard bookkeeping or non-CPA accounting help.

Why Comprehensive CPA Services Are Essential:

Complex Financial Situations

Businesses and individuals with multiple income streams, investments, or complex tax scenarios benefit from a CPA’s detailed financial strategies.

Long-Term Financial Planning

CPAs provide invaluable support for estate planning, wealth management, and succession planning to secure your financial future.

The Advantages of Working with DeFreitas & Minsky LLP

Our firm offers a holistic approach, combining traditional accounting with strategic financial advisory services tailored to your unique circumstances in Holliswood.

Clients benefit from proactive tax strategies, personalized wealth management, and timely updates on changes in tax legislation affecting their finances.

Expertise Across Financial Disciplines

Our CPAs bring extensive experience in various financial areas, ensuring well-rounded advice and services that cover every aspect of your financial life.

Dedicated Client Support

We prioritize client relationships, providing responsive communication and personalized attention to meet your evolving financial needs.

Practice Areas

Top Searched Keywords

Pro Tips for Working with Your Certified Public Accountant

Organize Your Financial Documents

Keeping your financial documents well-organized and up-to-date can streamline your CPA’s work and reduce preparation time during tax season.

Communicate Your Financial Goals Clearly

Sharing your short- and long-term financial objectives helps your CPA craft tailored strategies that align with your vision.

Stay Informed About Tax Law Changes

Regularly consulting your CPA on legislative updates ensures you take advantage of new opportunities and remain compliant.

Why Engage a CPA in Holliswood?

Choosing a CPA enables you to access expert guidance on tax planning, financial management, and regulatory compliance, critical for protecting and growing your assets.

Our firm’s commitment to personalized service means you receive strategies designed specifically for your financial situation and goals.

When to Consult a Certified Public Accountant

Many scenarios warrant CPA services, including starting or expanding a business, preparing complex tax returns, estate planning, and navigating audits or financial restructuring.

Starting a New Business

CPAs provide critical advice on business structure, tax obligations, and financial planning to set your venture up for success.

Complex Tax Filings

If you have multiple income sources or investments, a CPA ensures your tax filings are accurate and optimized.

Estate and Trust Management

Managing the tax implications of estates and trusts requires specialized knowledge that CPAs are uniquely qualified to provide.

Certified Public Accountant Services for Holliswood Residents

Though our offices are located elsewhere in New York, DeFreitas & Minsky LLP proudly serves the Holliswood community with expert CPA services, accessible and responsive to your financial needs.

Why Choose DeFreitas & Minsky LLP for Your CPA Needs?

Our extensive experience across various financial disciplines enables us to deliver comprehensive services tailored to your unique situation.

We maintain high standards, producing accurate, current, and detailed financial information with a personal understanding of your business and goals.

Clients value our professional, knowledgeable team who keep them informed of tax law changes and proactively support their financial growth and security.

Schedule Your Free Consultation Today

Our CPA Service Process

From initial consultation through ongoing support, we follow a structured process to deliver accurate, personalized CPA services that align with your financial objectives.

Step 1: Initial Assessment

We begin by understanding your financial situation, goals, and challenges to tailor our services effectively.

Gathering Financial Information

Collecting documents like income statements, tax returns, and business records to form a complete picture.

Goal Setting and Strategy Development

Collaborating with you to define objectives and design strategies that address your needs.

Step 2: Implementation of Services

Executing tax planning, accounting, and advisory services with precision and adherence to regulations.

Tax Preparation and Filing

Preparing accurate tax returns and ensuring timely submissions to optimize your tax position.

Financial Reporting and Analysis

Providing detailed reports and insights to inform your financial decisions.

Step 3: Ongoing Support and Review

Continuous monitoring of your financial status and tax laws to adjust strategies as needed.

Regular Consultations

Scheduled meetings to review progress and address emerging concerns.

Updates on Regulatory Changes

Keeping you informed of new laws and opportunities to maintain compliance and optimize outcomes.

Frequently Asked Questions About Our CPA Services

What makes a Certified Public Accountant different from a regular accountant?

Certified Public Accountants (CPAs) have passed rigorous exams and met strict licensing requirements, setting them apart from regular accountants. They have legal authority to represent clients before tax authorities and offer a broader range of services including auditing and financial consulting. This expertise ensures you receive high-quality, reliable financial guidance.Their commitment to continuing education keeps CPAs up to date on tax laws and financial regulations, enabling them to provide the most current and effective advice tailored to your needs.

Can you help with both personal and business tax planning?

Yes, our firm specializes in both personal and business tax planning. We tailor strategies to minimize tax liabilities, optimize deductions, and plan for future financial goals. Whether you are an individual seeking to maximize your returns or a business owner aiming to improve your bottom line, our CPAs are equipped to assist you.Our comprehensive approach ensures that all aspects of your financial life are coordinated, providing peace of mind and strategic advantage throughout the year.

How do I know if I need comprehensive CPA services or just basic accounting help?

The need for comprehensive CPA services depends on the complexity of your financial situation. If your finances involve multiple income streams, investments, or business operations, comprehensive services are beneficial to navigate the complexities effectively.However, for straightforward tax filing with minimal deductions or simple bookkeeping, basic accounting help may suffice. Our team can assess your needs during an initial consultation and recommend the appropriate level of service.

What industries or types of businesses do you specialize in?

DeFreitas & Minsky LLP serves a diverse client base across various industries including small businesses, corporations, trusts, and estates. Our expertise covers sectors such as retail, manufacturing, real estate, and professional services.This broad experience allows us to apply industry-specific knowledge to your financial strategies, ensuring compliance and optimizing opportunities unique to your business or personal financial situation.

How does DeFreitas & Minsky LLP keep clients updated about tax law changes?

We keep our clients updated through regular communications including emails, newsletters, and personal consultations. Whenever tax laws change, we provide clear explanations and actionable advice on how these changes may impact your finances.Our proactive approach ensures you are never caught off guard by new regulations, allowing you to adjust your plans promptly and maintain compliance with confidence.

Do you offer estate and trust tax planning services?

Yes, our firm offers specialized estate and trust tax planning services. We work closely with you and your legal advisors to structure your estate efficiently, minimizing tax burdens and ensuring your assets are protected and distributed according to your wishes.Our CPAs have the expertise to navigate complex fiduciary tax rules, providing peace of mind for you and your beneficiaries.

Is your firm accessible to clients in Holliswood despite being located elsewhere?

Absolutely. Although our physical offices are not located in Holliswood, we serve the community through advanced communication tools and flexible appointment options. Our team is accessible via phone, email, and virtual meetings to provide the same level of personalized service you would expect from a local firm.This approach allows us to offer expert CPA services to Holliswood residents efficiently and conveniently.

What should I prepare before meeting with a CPA?

Before meeting with a CPA, it’s helpful to gather relevant financial documents such as recent tax returns, income statements, bank statements, investment records, and business financial reports. Having these documents organized will facilitate a thorough review.Additionally, prepare a list of your financial goals and any specific questions or concerns you may have. This preparation enables our CPAs to provide focused, strategic advice tailored to your needs.

How does your firm ensure personalized service for each client?

We prioritize personalized service by taking time to understand each client’s unique financial situation and goals. Our CPAs work closely with you to develop tailored strategies rather than offering generic solutions.Regular communication, responsive support, and ongoing review ensure that our services adapt to your evolving financial landscape, maintaining relevance and effectiveness.

Can you assist with financial planning beyond tax services?

Beyond tax preparation, our firm offers comprehensive financial planning services including wealth management, retirement planning, and business succession strategies. Our goal is to assist clients in building and preserving wealth over the long term.By integrating financial planning with accounting services, we provide a holistic approach that supports your financial well-being in all stages of life.

Testimonial

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!

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.

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.

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.