Tax and Business Services

Individual Returns

James V. Rizzo & Company, LLP provides an array of services in the area of individual tax preparation. With the ever-changing rules and regulations of the tax code, it’s important that you have all the information and guidance you need to get the most out of your personal tax filing.

 

Services provided by James V. Rizzo & Company, LLP  include:

  • Reliable tax services and preparation

  • Multi State individual tax preparation

  • Comprehensive tax planning during the year to minimize tax burdens

  • Consultation and advice about up to date knowledge on ever-changing tax code

  • Tax research and strategies for individual taxpayers

  • Tax projections for current or future events

  • Tax planning for small start-up businesses

  • Tax organizers and planners to help our taxpayers during tax time

  • Tax compliance notices and resolution of tax problems with regulatory agencies for current or past years

  • Amendment of prior year returns

Business Returns

Owning any business (LLC, Partnership, Corporation, S-Corporation) has become more complicated as a result of all the regulations regarding what you sell and how you create products. In fact, all aspects of your business is carefully regulated.  

 

Services provided by James V. Rizzo & Company, LLP  include:

  • Reliable tax services and preparation

  • Multi State business tax preparation

  • Overall tax strategy

  • Reviewing your entity setup to determine whether strategic changes are needed

  • Managing tax risk 

  • Determining if you have the best tax accounting methods available for your business,  such as utilizing the best method for fixed assets, cash vs. accrual, inventory methods, deferral methods for income

  • Addressing risks and opportunities for state taxes

  • Maximizing the credits, incentives and state/local programs that are available to you

  • Tax compliance notices and resolution of tax problems with regulatory agencies for current or past years

  • Amendment of prior year returns

 

Trust & Estate Returns

At James V. Rizzo & Company, LLP we believe trust and estates can help to ensure a lifetime's collection of assets is passed along to those you want to benefit most.

 

Services provided by James V. Rizzo & Company, LLP  include:

  • Reliable tax services and preparation

  • Provide high-level and creative wealth transfer

  • Update estate plans to optimize tax savings

  • Leverage gifts to take advantage of sophisticated estate planning techniques, and protect assets from unexpected health, personal or business risks

  • Amendment of prior year returns

 

Accounting & Business Consulting

At James V. Rizzo & Company, LLP when it comes to accounting needs, we provide assistance from the transactional level,  to assist our clients with their accounting expectations. We believe in making your life easier by customizing the right approach to meet your accounting needs.

 

With regards to business consulting we offer an array of avenues to our clients by developing a plan and provide comprehensive services that address the long-range financial, operational and tax consequences of managing a business or one's personal wealth.

We are also pleased to offer extended services on financial planning and insurance through our alliances with other business professionals.

 

Services provided by James V. Rizzo & Company, LLP  include:

  • Assess depreciation method for fixed asset acquisitions

  • Maintain general ledger including recording transactions and reconciling balances

  • Prepare financial statements and management reports

  • Consulting on cash flow management

  • Analyze financial results and communicate where improvements can be made with management

  • Participating in negotiations that require tax, estate and financial expertise

  • Performing due diligence procedures on businesses for purchase or merger

  • Structuring transactions from a business and tax perspective

  • Business valuations and succession planning

  • Working with buyers and succession turnover of a business

  • Securing financing

  • Profitability enhancement

  • Internal control reviews

  • Estate, tax and gift planning

  • Required filing and compliance issues for U.S. Form 990 not-for-profit and private foundation returns​