Get your business started right – our firm can assist you with identifying the correct business form for you, incorporating with the State of Florida, obtaining your Employer Identification Number and making the appropriate elections with the Internal Revenue Service. If you’re joining an existing business or purchasing a business, our firm can assist you with due diligence to ensure that you’re making a solid investment. The formation of your business is the foundation of your future. You can feel confident knowing that our firm has the experience to assist you with this initial process, allowing you to focus your time where it is most valuable – building your start-up.
Tax Planning & Preparation
Whether you’re a business or an individual, preparing your own income tax return can be a daunting task and leave you with more questions than when you began. Whether we like it or not, today’s tax laws are complicated and changing every year. It’s easy to overlook deductions and credits that you’re entitled to. Even if you’re using computer software, there’s no substitute for the assistance of an experienced tax professional.
Our staff has experience preparing tax returns for taxpayers in many different tax situations, including United States citizens living abroad, those with small businesses, and individuals with rental properties and other types of investments. We have a reputation of professional excellence through our consistent high quality service. We are fully up to date on current tax code and are able to assist our clients with even the most complex tax and financial issues.
- All Types of Federal & State Taxes
- Consolidated Corporate Conglomerates
- Tax Audits
We are available to advise you and, if desired, to represent you in your dealings with the Internal Revenue Service. With your consent, we can act as your agent at all administrative levels of the IRS, including audits, appeals, and collections.
If you are behind in your personal or company tax liability, we can help you work with the government to get your accounts current. We will help you with a plan to pay prior taxes, as well as get you a payment plan to file all current liabilities on time.
Extensive experience coupled with our firms progressive use of technology allows us to prepare your returns accurately and in the most timely fashion.
Multi-State Tax Specialists
Our specialists keep up with all of the many changes in the Federal and state-level taxation laws including those regarding multi-state taxation. Many Bay Area businesses come to us facing very confusing multi-state taxation regulatory and reporting requirements.
Managing these complex compliance and reporting requirements - where missteps can be costly - can be time-consuming and extremely stressful. Hershkowitz & Kunitzer, P.A. can help you navigate your state-to-state tax issues and organize your tax documents so the process runs smoothly and efficiently to completion.
Our firm works with a wide array of businesses, including insurance companies, technology firms, consultants, and even non-profits, offering them the best tax services and tax preparation available. Our experts have years of tax preparation experience working with S Corporations, C Corporations, LLC’s, and Partnerships of all types. Regardless of size, we can help your business minimize your multi-state tax expenditures.
We can provide you and/or your company with not only the best in multi-state tax compliance but also the best tax preparation service and advice because our experienced CPAs stay current on the latest tax laws. For complex taxes issues crossing states from California to New York, Florida to Alaska, Hawaii to Ohio, we can guide you on ways to save as much as possible on state taxes while maintaining reputable, thorough and concise tax records.
While most of our clients are Florida-based, we can adeptly handle taxation crossing any of the fifty states.
Bookkeeping & Accounting
Are you frustrated and spending too much time on the books when you could be concentrating on your business? That’s probably because you’re neither a bookkeeper nor an accountant – and that’s okay! You don’t need to be to run a successful business; you need to find a dependable group of certified professionals who can help you. Our services are extremely flexible - you determine the level of our involvement. We will do as much or as little as you need to assist you in your business needs.
- Accounts Payable
- Accounts Receivable and Invoice Billing
- General Check Writing Functions
- Payroll and Compliance Deposits and Reporting
- Bank Reconciliations
- General Ledger Maintenance
- Daily Cash Balance Updating
- Monthly, Quarterly or Yearly Write-Up
- Full Customizable Financial Statements
- Comparative Reporting
By providing you with timely accounting reporting services, our firm can assist you with one of the most important aspects of accounting, lowering your year-end tax liability. Our firm’s expertise and knowledge of your business allows us to help you to make the correct and legal strategic decisions that will ultimately serve your business best. What’s even better? We can become your bookkeeper and accountant for a fraction of the cost of hiring a dedicated individual.
Having in-house payroll can get quite costly for small businesses and can be incredibly time consuming, as well. Most notices received by business owners from both Federal and State taxing authorities regard payroll and payroll related issues. These are very serious aspects as it relates to running a business. Our firm has been processing payroll for both small businesses and mid-size companies for over 30 years. With Hershkowitz & Kunitzer processing your payroll, there’s no guesswork with ever changing tax laws and you know everything will be correct and on time.
We offer a flexible range of services to meet your business needs:
- Complete tax filing services
- Withholding Deposits
- Periodic Payroll Reports
- Quarterly 941 Returns
- Quarterly UCT-6 Returns
- Annual 940 Return
- Payroll Check Distribution
- Direct Deposit
- Payroll Deductions
- Payroll Withholding Liability Deposits
- Management Reports
- Fast Turnaround
Sound financial and estate planning can help preserve the financial security that you are working so hard to achieve. It's important to plan for the disposition of property during your lifetime and upon your demise. With effective planning, you can minimize the tax burden on your estate and know that your beneficiaries will receive the maximum benefit that the law allows.
Effective financial planning is essential. An estate you consider of modest value today may well become very sizable when measured in inflated market values at the time of your passing.
Hershkowitz & Kunitzer can help you to develop a strategy to conserve, increase and, ultimately, pass on your estate with maximum tax savings.
Pension & Retirement Planning
Starting a business is an investment in your future – you also need to make sure that you’re making wise investments with your business. Hershkowitz & Kunitzer, P.A. can help you set up and invest in retirement plans for either yourself or your company’s employees. Whether it’s a 401(k) plan or an SEP pension plan, we’ve got your situation covered with our experience.
- Consulting and Administrative Services
- Pension, Profit Sharing, 401(k) Design and Implementation
- Existing Plan Review and Recommendations
- Preparation of Documents, Amendments and Materials for Submission
- Record Keeping and Administrative Services- Reporting and Government Filings
- Compliance Our experience and alliances with a number of notable outside investment firms helps you to know you’re in good hands.