OUR SERVICES
Services that suit your business needs.
BOOKKEEPING
Let our team of skilled professionals handle your bookkeeping, allowing you to concentrate on the expansion of your business. Whether you're a startup, experiencing growth, or a well-established corporation, ATP is equipped with the expertise to assist you. With swift and punctual service coupled with an in-depth understanding of rules and regulations, we ensure you stay ahead of government deadlines. We bring order to your internal financial systems, alleviating the challenges that often accompany business ownership.
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Why hire staff?
Let ATP do your monthly bookkeeping at a fraction of the cost of a full-time employee.
Our talented team is experienced with all the major accounting software programs. We perform vital accounting functions, such as accounts payable/receivable, payroll, general ledger accounting, bank reconciliations, financial statement preparation and financial analysis.
When you retain our services, we make it a priority to learn your goals and operations quickly so we can hit the ground running. Based on experience, we can easily identify opportunities for more effective tax planning, improved internal controls, and other areas that will make your business more profitable.
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Quickbooks
ATP is proud to be a member of the Certified QuickBooks ProAdvisor program, which means we have a deep understanding of QuickBooks and how to employ it in improving your business's efficiency as well as accuracy. When it comes to accounting software for small and mid-sized businesses, QuickBooks is considered the gold standard. The software enables easy tracking of sales and expenses, can create invoices, generate payroll and generally gives you the ability to do all of the bookkeeping and financial management of your organization from one streamlined application.
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More importantly, a QuickBooks system can be put into place for your business quickly and easily in a way that will have an immediate positive impact on your profitability, and we can help you with the implementation.
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One of the advantages of QuickBooks is that it can easily be customized to your particular business needs. This means that wherever you are located in New York or anywhere the United States, we will be able to create and implement a custom QuickBooks design that will be designed specifically for your organization and everything that makes it unique.
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QuickBooks will answer all of your business needs, providing you with improved economies and efficiencies, and by taking advantage of the expertise of our team, you will be assured of complete assistance and support from the very first consultation through to the program’s installation and training. We will be with you every step of the way, providing you with support and ongoing maintenance.
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QuickBooks offers a number of highly valuable features for small and mid-sized companies, including the ability to send out invoices, scan receipts, track sales revenues and organize your expenses in a way that allows you to stay informed easily. It will run your employee payroll system, enable payments in storefront, online and mobile environments and generate real-time financial reports whenever you need them.
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Perhaps most importantly, QuickBooks will eliminate the kind of costly mistakes and delays that plague so many businesses, both on a day-to-day basis and when it comes time to prepare your taxes. The program synchronizes tasks across multiple devices and platforms, enabling for greater efficiency, accuracy and accessibility.
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We have been providing business accounting services in the greater New York City area for years, working directly with clients in order to enhance their chances for success. We have a deep understanding of QuickBooks and how it can improve efficiency and accuracy, and have used it to help countless businesses.
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In addition to the improvements that QuickBooks can make within your organization, it also makes it possible to transmit important information directly to our team in real time, making it possible to take advantage of her expertise and knowledge that much more quickly and efficiently.
If you would like more information on how our knowledge and experience can help your business grow, save on taxes and build a secure future, contact our office today. We will tell you how our bookkeeping services can help you.
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TAX PREPARATION
At ATP, we possess the necessary expertise to guide you through the process of filing your tax returns while strategically minimizing your tax liability through careful planning. Our team of Enrolled Agents provides comprehensive tax preparation services tailored for both individuals and small businesses. Recognizing the complexity of today's tax code in an era where tax regulations undergo frequent changes, the majority of individuals and small businesses turn to professional tax preparers for assistance. Let ATP be your trusted partner, ensuring accurate and strategic tax preparation for optimal financial outcomes.
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Our tax preparation services include:
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Individual Tax Preparation
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Business Tax Return Preparation
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Gift & Estate Tax Return Preparation
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Partnership & Corporate Tax Preparation
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Estate and Succession Planning
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Out-of-State Returns
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Business Start-Ups
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Tax preparation and tax planning go hand in hand to ensure you maximize your tax savings while staying compliant. At ATP, we offer expert tax planning services to help you legally reduce your tax liabilities and increase your after-tax income.
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We provide comprehensive tax and education planning for individuals, start-ups, and established businesses. Our services include identifying commonly overlooked deductions, deferring income, reducing taxes on income, estates, gifts, investments, and retirement distributions.
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For more details, please check our tax planning service.
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Owning and operating your own business is a dream for many aspiring entrepreneurs, but the reality of running a business can quickly squash the initial thrill. Making sure that you are well equipped to manage all aspects of running a business is the key to success, while failure to do so is a recipe for disaster. Our business formation services will provide you with comprehensive business formation solutions. Forming a new entity begins with using the business objectives to determine the entity type that will best suite your needs. At ATP, we help you choose the right type of entity to help maximize your chances of financial and operational success to get the most out of your business.
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ATP will provide you with an initial business plan that will provide you with an approach to marketing, financial planning and management. We will help you assess your initial capital requirements and sources from which you can get it. We’ll also help you determine how much you will be qualified to borrow for your business. We’ll look at the different types of business structure, evaluating each in terms of your legal exposure, their tax advantages, and how easily you will be able to operate in order to find the one that works best for you. We’ll also help you plan for relocation if necessary.
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From a business services perspective, we’ll help you choose an accounting software package that is appropriate for your needs, including your budget and your hardware, and will create a cash flow budget to help you anticipate your needs as you go through your business’ first few years of growth. We’ll help you create a billing system and collection policies and procedures that will facilitate cash flow, and help you create a budget and procedures to help you stick to it. If you plan on operating out of a home office we’ll show you the best way to do so in order to give you the maximum tax advantage.
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There are so many documents and applications required to establish a new business, and we’ll help you with all of those too. We’ll provide you with help in the process of applying for all appropriate state and local permits and licenses, as well as your Federal Employer Identification Number. We’ll assess your business’ insurance needs, and when you hire your first employee we’ll take care of setting up your payroll and payroll tax filing, making sure that you comply with all employment laws. If your business is a partnership, we’ll help you create a Partnership Agreement that provides all involved with the appropriate protections and anticipates and heads off potential problems in the future.
BUSINESS FORMATION
CATCH-UP SERVICES
If your books aren’t up to date, our team of experts works quickly to clean up your accounting and bring your financials up to date, giving you peace of mind and helping you make smart decisions based on real numbers.
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Catch up services include reconciliation of records:
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Bank accounts & credit cards
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Accounts receivables and payables
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Payroll records
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Entering missing data and rectifying incorrect entries
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Filing Back Business Tax Returns
After making sure your bookkeeping is up to date, your dedicated accounting team will file any required back tax returns and help you ease any potential penalties. Our goal is to bring you up to speed and compliant in no time.
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Filing Back Personal Tax Returns
Once your business tax returns are complete and filed, your dedicated team at ATP can complete back personal tax returns to have you compliant in no time.
GOVERNMENT NOTICES & IRS REPRESENTATION
ATP is committed to assisting you in addressing your tax issues and bringing an end to the challenges imposed by the IRS. We take pride in our efficiency, affordability, and utmost discretion in handling your concerns.
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IRS Tax Problems
Before you call one of the large advertisers claiming to solve your problems for pennies on the dollar, take the time to talk to your trusted, local expert.
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We can help you with the following IRS tax problems:
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Wage Garnishment
IRS wage garnishment is the deduction of money from an employee’s monetary compensation resulting from unpaid IRS taxes. Most likely this should not be a surprise as the IRS will only levy one’s wages after repeated letters and warnings about the taxes owed. This is one of the IRS’s most aggressive tax collection mechanisms and should not be taken lightly. The IRS would rather resolve taxes in a different manner but they will levy when they feel the have run out of other options. It is important to understand how garnishments work to ensure you take the appropriate actions to avoid them or stop the IRS from taking your wages.
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Bank Levy
An IRS levy permits the legal seizure of your property to satisfy a tax debt. It can garnish wages, take money in your bank or other financial account, seize and sell your vehicle(s), real estate and other personal property. If you receive an IRS bill titled Final Notice of Intent to Levy and Notice of Your Right to A Hearing, contact us right away. If you receive an IRS notice of levy against your employee, vendor, customer or other third party, it is important that you comply with the levy.
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Threatening Letters
The IRS carry out their threats, so ignoring an IRS threatening letter is absolutely the worst thing to do. First, you should check the facts in the letter. If there is anything amiss in their calculations, your liabilities or their assessment, write a polite letter back explaining the error or omission and wait to see if they will remedy the situation. If they have reached the point where they are sending you threatening letters however, you may need to be a little more proactive in resolving the situation before the IRS become proactive themselves. You do not want this to happen. If you allow the IRS to take action before you do it will result in you unnecessarily suffering at their hands. The IRS has considerable powers when it comes to collecting taxes and they are rarely if ever prone to taking the lightweight approach. The IRS sends out threatening letters when they know or think they know that you owe them money; beyond that, they have little interest in you.
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IRS Audit Notification
Did You Receive an Audit Letter From the IRS? The first step is not to panic. The IRS uses letters to communicate with taxpayers about IRS audits. As with most IRS communication, there are deadlines associated with IRS audit letters. You will have time to review the items that are being contested and prepare your response. Selecting a return for examination does not always suggest that the taxpayer has either made an error or been dishonest. In fact, some examinations result in a refund to the taxpayer or acceptance of the return without change.
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Non-Filing
What if you fail to file? The IRS may file what is known as a substitute return for you. However, as you well know, the IRS will not be looking to save you any money. In fact, a substitute return will not include any of the standard deductions your accountant would typically include in your return. Case in point, a substitute return only allows one exemption: single or married filing separate, so you end up with higher tax liability than if you would have just filed.
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Liens
A federal tax lien arises when a tax return is filed and the tax isn’t paid after a demand for payment has been made. By law the lien is in favor of the United States and is upon all property and rights to property of the person with the unpaid tax. It gives the IRS the authority to seize any proceeds from sales of real estate owned by a delinquent taxpayer. To protect the government’s right of priority against other parties who are owed money by the same person, the IRS will file a Notice of Federal Tax Lien, which puts other creditors on notice about the IRS’s claim.
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Offers-in-Compromise
Reduce Your IRS Debt with an Offer-In-Compromise. Qualifying for an offer-in-compromise settlement can save you thousands of dollars in taxes, penalties and interest. An offer-in-compromise is an agreement between a taxpayer and the IRS to settle the taxpayer’s tax liabilities for less than the full amount owed. Absent special circumstances, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement.
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Innocent Spouse
Many married taxpayers choose to file a joint tax return because of certain benefits this filing status allows. Both taxpayers are jointly and individually responsible for the tax and any interest or penalty due on the joint return even if they later divorce. This is true even if a divorce decree states that a former spouse will be responsible for any amounts due on previously filed joint returns. One spouse may be held responsible for all the tax due even if all the income was earned by the other spouse.
In some cases, a spouse will be relieved of the tax, interest, and penalties on a joint tax return. There are three types of relief available:
1. Innocent spouse relief
2. Separation of liability
3. Equitable relief
PAYROLL
Our team of professionals provides expert payroll services. In addition to paychecks, we assist you in generating the necessary payroll forms and ensure the timely filing of payroll tax returns, contributing to the seamless operation of your business. Trust us to handle your payroll efficiently, ensuring compliance and peace of mind for your business.
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Comprehensive Payroll Solutions
At ATP, our NY payroll services are designed to provide you with a comprehensive solution for managing your payroll duties. With our services, you will only need to provide your employee data, such as the hours that have been worked, employee address information and other related details. Once we receive the data, we'll handle the rest.
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Here are the payroll services that we offer:
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Checks or Direct Deposit for Your Employees
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Federal Tax Liabilities
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State & Local Tax Liabilities
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Unemployment Tax Liabilities
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Quarterly Tax Forms
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Year-End Tax Forms
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Customized Payroll Reports
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Tax Deposit Services
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W-2s and 1099s
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Using a payroll service might not seem necessary for managing your payroll, until there is a problem. Correcting issues with payroll can be time-consuming and also requires a thorough understanding of the tax laws and deposit rules.
Using a professional service like ATP can take the headaches out of doing your payroll. We'll also monitor all applicable federal, state and local laws that may affect your tax filings. We’ll stay on top of these updates so that you will never have to worry about being left behind.
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Security & Compliance
When you work with us, you will also have the assurance of knowing that your data is secure. We adhere to the data security regulations as required by federal compliance agencies. These regulations ensure that your data is securely maintained and transmitted to the appropriate tax agencies.
Whether you are just starting your business or you would like to switch to a better system for payroll processing, we can provide the business services that you require. We can help simplify the payroll process to help you more effectively manage your NY small business. Let us assist you with your payroll needs so that you can focus on running your business.
TAX PLANNING
We are committed to providing our clients with strategic tax planning designed to optimize their financial positions and minimize their tax liabilities, all while ensuring compliance with the latest tax laws and regulations. Our expert team is here to guide you through the complexities of tax planning, offering personalized solutions tailored to your unique financial situation.
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Why Choose Our Tax Planning Services?
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Expertise and Experience
Our team of seasoned tax professionals brings years of experience and in-depth knowledge of the tax code to the table. We stay up-to-date with the latest changes in tax legislation to ensure that you are always in compliance and taking advantage of every available tax-saving opportunity. -
Personalized Service
​We understand that every client’s financial situation is unique. Our tax planning services are designed to provide personalized strategies that align with your specific goals and needs. Whether you are an individual taxpayer, a small business owner, or have more complex financial circumstances, we tailor our advice to fit your scenario. -
Proactive Approach
Effective tax planning requires a proactive approach. We work with you throughout the year to anticipate potential tax liabilities and implement strategies to minimize them. Our goal is to help you make informed financial decisions that will benefit you in the long run.
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How Our Tax Planning Sessions Work
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Structured Sessions
Our tax planning sessions are structured in increments of 20 minutes each. This focused timeframe allows us to address specific issues and questions efficiently, providing you with clear and actionable advice. You can book multiple sessions if you require more in-depth planning or have multiple topics to discuss. -
Easy Appointment Scheduling
Scheduling your tax planning session is simple and convenient. Just select a time that works for you, and our system will confirm your appointment instantly. We strive to accommodate your busy schedule with flexible appointment times. -
Streamlined Payment Process
To streamline our process and ensure a smooth experience, your appointment confirmation email will include a convenient payment link. To confirm your appointment, we kindly request that you settle the session fee beforehand.
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To book your session, please visit our scheduling page. We look forward to helping you achieve your financial goals through effective tax planning.