|We offer a host of value-added services
designed to minimize tax consequences and make your money
work harder for you. By performing a Business Needs Analysis,
we are able to recommend only those services that make
sense for you at a given point in time…giving you
an attractive cost/benefit ratio at every stage of your
Audits, Reviews & Compilations
of Financial Statements
We provide the appropriate
level of financial statement reporting for your particular
needs. Our procedures adhere to the highest level of
professional standards. We have many years of experience
in auditing of For Profit entities, Not for Profit entities
and entities that must comply with the Single Audit
Each year we prepare more
than 1,000 tax returns for Individuals, Corporations,
Partnerships (including LLC’s), Not for Profit
entities and Trust & Estates. The majority of our
clients are located in the Mid Atlantic region, in Pennsylvania,
New Jersey, Delaware, New York and Maryland. Therefore,
we are very proficient in these states’ tax laws.
Additionally, our diversified accounting and tax practice
provides us with the opportunity to become familiar
with the tax laws of most of the states in the nation.
It is the philosophy of Resnick
Amsterdam Leshner to eliminate any surprises when a
client receives a completed tax return from our office.
We are successful in fulfilling this philosophy through
diligent efforts to meet and plan with our clients throughout
the year. This tax planning allows us to minimize our
client’s tax liabilities as much as the law permits
and simultaneously notify them of any balance due as
much as nine months prior to writing a tax check.
We have successfully represented
clients before the Internal Revenue Service and many
state and local taxing authorities. We are very proud
of our success ratio in this area. Additionally, we
have helped clients with structuring payment plans and
significantly reducing tax liabilities through the Offer
in Compromise Program.
Start Up Services
The team at Resnick Amsterdam
Leshner is very proud of our ability to assist many
young entrepreneurs to take a business from a vision
to an ongoing business that provides a living for the
entrepreneur and their employees. We have the experience
to offer the best advice on the most appropriate type
of entity for their new business. Our team is there
to assist in the accounting and business systems to
allow the new venture to have the best opportunity for
a long-term existence. The early years are the most
vulnerable for a business and we understand that completely.
Key Performance Indicators
What really drives the business?
We truly understand the answer to that question. A business
can’t do anything to create profit directly. We
know that you can only make decisions to impact sales
and expenses, which then, as a result, increase your
profits. For example, if your business is one that requires
preparing proposals, we ask the question, “What
is your conversion rate?” and, “What do
you think the impact would be on sales if we raised
your conversion rate just 2%?” You would be amazed
at the answer.
Forecasting and Budgeting
Even the most successful businesses
have peaks and valleys in their cash flow throughout
the year. The best way to plan for these times is with
an accurate budget or forecasted financial statement.
Over the years, the team at Resnick Amsterdam Leshner
has assisted many clients with this process.
This is a very common service
that we provide to our clients. We assist you to arrive
at the most economical and tax advantageous loan arrangement.
Our firm has established many excellent relationships
with banks and other lending institutions. These relationships
afford our clients with many different opportunities
to best suit their particular needs and circumstances.
Because our team has so many
years of experience with so many different types of
businesses, assisting clients in the valuation of a
business venture has become an extremely valuable service.
We are able to help a client with every part of the
due diligence process. We are able to advise a client
on the value of the business, the tax implications,
their potential return on their investment, the transition
of key management, etc.
This has become a complicated
area in recent years. The marketplace has made this
decision difficult. It often requires an analysis of
many variables including tax implications, interest
rates and buy-out options. We have the knowledge and
understanding to pull all of the relevant information
together and assist in the appropriate answer.
Call us at 215-628-8080,
or email RAL@ral-cpa.com.