The BSB team is comprised of professionals with years of “Big 4” experience that can offer a variety of boutique tax accounting services depending on your needs, whether it is co-sourcing to provide resources and support to your existing team, full scope tax provision preparation, or anything in between. Our primary focus is getting your company’s income tax accounts and disclosures prepared timely, accurately, as efficiently as possible, with an emphasis on audit-ready documentation.
The BSB tax accounting team is led by a former "Big 4" director with ten years of experience serving as a technical tax accounting resource for their NY metro tax group, dealing with complex state and local profiles, international tax calculations (e.g., GILTI, FDII, FTC), accounting methods, as well as FIN 48 and valuation allowance consultations.
Preparing your own tax return can be extremely difficult with today's complex tax code and may often leave you with more questions than answers.
These days, the majority of people and small businesses use a professional tax preparer to assist with the preparation of taxes. Even if you are just filing a simple return, the rules may change from year to year and it is easy to overlook these changes and submit an incorrect return. By doing your taxes yourself, you may also end up overlooking deductions and credits.
At BSB Accountants & Advisors, we have the expertise that is needed to help you file your returns while also helping you to minimize your tax liability with careful planning.
Tax Preparation in Long Island
Our tax preparation services include:
- Individual Tax Preparation
- Business Tax Return Preparation
- Gift & Estate Tax Return Preparation
- Partnership & Corporate Tax Preparation
- Estate and Succession Planning
- Out-of-State Returns
- Business Start-Ups
BSB Accountants & Advisors can also help with IRS audit representation and tax controversy.
Tax Planning & Education
Tax planning is essential to helping you successfully and legally reduce the amount of your tax liabilities. In addition to making sure that your business is tax compliant, we also can suggest tax saving strategies that will maximize your after-tax income.
We offer tax and education planning to assist start-ups, as well as, established businesses. We will provide you with a complete list of the most commonly overlooked deductions so that you can limit your tax liability for the following year.
We’ll also assist you with tax planning by:
- helping you to defer income so that you can save money now and pay less taxes in the future
- lower taxes on your income so that you can keep more of your earnings
- lower taxes on your estate and gifts so that the beneficiaries can keep more of what you have given
- lower taxes on investments and retirement distributions so that you can maintain your lifestyle and much more.
If you own a small business in Long Island or need help with individual taxes, working with a professional tax planning service can help save you more money. BSB Accountants & Advisors offers the expertise that you need to save on your taxes at affordable prices.
Tax Resources
Here are some links to help you learn more about NY taxes:
- New York Department of Taxation
- Tax Information for Individuals - Internal Revenue Service
- Business Taxes - Internal Revenue Service
If you'd like to receive more information about our Long Island tax preparation and planning services, please call us at (631) 543-7700 or contact us.
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