Silverman, Kaplan, & Sakwa, CPAs, PC provides a wide range of services to individuals and businesses in a variety of industries. At Silverman, Kaplan, & Sakwa, CPAs, PC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment. Our professional services include:
- Accounting Services
- Assurance and Advisory Services
- Audits, Reviews, and Compilation
- Business Consulting
- Business Succession
- Business Valuation
- Computer Consulting
- Employee Benefits, Pension, and Profit-Sharing Plans
- Entity Selection and Restructuring
From start-ups to established enterprises, businesses rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Silverman, Kaplan, & Sakwa, CPAs, PC's accounting services steer you closer to these goals with accurate record-keeping and reporting as well as support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, and employee benefit and profit-sharing plans.
These services include but are not limited to:
- General ledger and financial statement preparation
- Bookkeeping (Monthly, quarterly, or annual)
- Accounting system setup and support
- Payroll processing
- Cash flow budgeting and forecasting
- Personal financial statements
- Employee benefit and profit-sharing plans
- Corporate tax planning and return preparation
- Litigation support
Assurance and Advisory Services
At Silverman, Kaplan, & Sakwa, CPAs, PC, we focus on building close client relationships that add long-term value. This includes assuring the solidity of financial records, evaluating financial procedures and working to produce strategies that help our clients face the myriad challenges of business planning and execution. Our clients benefit from objective analysis to assist in controlling costs, increasing efficiency, and implementing new technologies and procedures that take advantage of changes in the marketplace, accounting standards, and tax law. Our assurance services will improve information quality or its context, meaning more success for your business.
These services include but are not limited to:
- Audits, reviews, and compilations
- Entity selection and restructuring
- Accounting software selection, implementation, and support
- Business valuations
- Financial projections and forecasts
- Debt and finances advising
- Mergers and acquisitions
- Transaction structuring and negotiations
- Business succession
Audits, Reviews, and Compilation
Silverman, Kaplan, & Sakwa, CPAs, PC's financial statement services comprise all three levels of assurance depending on your company's needs.
Audits offer the highest level of assurance to third parties, and include in-depth examination and confirmation of account balances, inventories, and selected transactions. We perform audits for you to remove errors, ascertaining the validity and reliability of your information.
Reviews provide limited assurance to outside interests and involve inquiries and analytical procedures that confirm financial statement matters and identify any items requiring further analysis. We perform reviews to ensure the integrity of your data.
Compilations are usually requested for internal purposes and are based upon information provided by a company's management. They do not offer assurance but may involve some adjustment to accounting records.
Accurate record-keeping is essential to a successful business yet can also be complicated and time consuming. Silverman, Kaplan, & Sakwa, CPAs, PC can help you with the organization and day-to-day tasks of bookkeeping so that you can focus on your core business.
At Silverman, Kaplan, & Sakwa, CPAs, PC, we can help you identify issues affecting your company's profitability and create solutions to effectively solve the matter.
Effective estate and trust planning can ensure financial security and continued success. At Silverman, Kaplan, & Sakwa, CPA, we have experienced and qualified staff members who can assist in addressing the intricate issues of business continuation and can assist you in developing a strategically sound plan of action.
The range of needs for valuing businesses continues to widen, and Silverman, Kaplan, & Sakwa, CPAs, PC can provide in-depth analysis to help you identify and analyze the factors that drive the value of your company or one in which you have an interest. Uses for this service include estate planning and compliance, buying and selling businesses, divorce matters, family limited partnerships and ESOPs. There are so many factors that contribute to the perceived value of a business. Our expert help can help you evaluate entities that you have an interest in and guide you towards making business decisions that you feel confident with.
As technologies rapidly advance, companies increasingly need to update their computer systems. Silverman, Kaplan, & Sakwa, CPAs, PC can audit your system competencies and gauge upgrade needs as well as provide support in choosing and implementing new hardware or network systems. As experts in this field, we can put your computer problems at bay as well as improve your computer system's performance taking into consideration any budget you may have.
Employee Benefits, Pension, and Profit-Sharing Plans
Choosing and administering benefit plans for your employees is often a complex process. Silverman, Kaplan, & Sakwa, CPAs, PC can help you develop, implement, and administer your benefit, retirement, and profit-sharing plans with an eye toward rewarding your employees and reaching your company's financial and business goals. We can also help maximize tax advantages in implementing these plans. As your business grows, your business and your employees will be rewarded for the hard work that contributed to the success of your business.
Entity Selection and Restructuring
Your business entity has a large impact on your taxes and other liabilities. From your company's inception through its growth and development, Silverman, Kaplan, & Sakwa, CPAs, PC can advise you on choosing an entity type and later restructuring if advantageous. With our knowledge and expertise, you will always be receiving the most advantageous entity type for the functions your business performs.
Estate and Trust Planning and Tax Preparation
Effective estate and trust planning can ensure financial security for loved ones. For businesses, it can maintain a smooth succession of ownership. Silverman, Kaplan, & Sakwa, CPAs, PC's role is to help you navigate the complex and shifting tax laws to facilitate the transfer of assets and minimize the tax liability of your beneficiaries. Everyone should have a well thought out plan as to how to disburse one's estate so as to avoid complications and to be sure wishes are followed. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don't have any complications to deal with during a time of loss.
Financial and Retirement Planning
Silverman, Kaplan, & Sakwa, CPAs, PC's goal is to help you reach your financial goals and maintain financial independence through a comfortable retirement. We can guide you through tough decision-making processes such as asset allocation, investment performance monitoring, college education funding, retirement plans, insurance, and tax, estate, and business succession planning. Whether you are developing an investment strategy or evaluating current investments, Silverman, Kaplan, & Sakwa, CPAs, PC can ensure that your portfolio will take into account tax implications for an advantageous after-tax return. The road to retirement is a long one and we can help you to take the proper steps to reach your goals.
Silverman, Kaplan, & Sakwa, CPA offers investment review services that can help clients build an investment portfolio that not only yields the most favorable after-tax return but continually monitors returns and performance so that you don't have to.
Professional representation can be vital during an audit, and our experience with tax authorities enables us to guide clients in their dealings with federal and state agencies. If you have been chosen for an audit, the professional representation you can find with our firm can put many of your worries at bay. We are ready and willing to answer any and all questions the IRS may be asking of you.
Management Advisory Service
Silverman, Kaplan, & Sakwa, CPA can provide your management team with objective feedback that can assist in identifying and developing strategies that are essential to your business's success.
Mergers, Acquisitions, and Sales
Business transactions and transitions are complicated affairs, and whether you're buying, selling, or considering a potential merger, Silverman, Kaplan, & Sakwa, CPAs, PC can provide professional know-how to help you successfully structure and negotiate the deal. Silverman, Kaplan, & Sakwa, CPAs, PC employs careful analysis and due diligence to determine a fair asking price, pinpoint the most favorable tax structures, evaluate financial and cash flow impact, and assess compatible business functions and tactics. Expanding or contracting your business is a huge undertaking. With our expert advice, you can make the right business decisions for your business for optimum success.
Tax Management Services
At Silverman, Kaplan, & Sakwa, CPAs, PC, we guide our clients through a full range of tax planning and preparation decisions. Our experience can help to maximize your profits and keep your on track towards your financial goals.
These services include but are not limited to:
- Non-profit organizations
- Tax planning, preparation, and representation
- Tax associated with mergers, sales, and acquisitions
- Estates, trusts, successions, and gifts