Anthony Basile CPA, P.C.
Intelligent Financial Guidance.

Client Services (under construction)

Personalized Quality Service

Our firm offers a wide range of services to our individual and business clients. Because our firm is relatively small, our clients benefit by getting personalized, quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description.

As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed. If it is not a service we provide, we would be more than happy to refer you to a qualified professional.

  • Consulting Services

  • Accounting Software Selection and Implementation

  • Business Succession Planning

  • Business Valuations

  • Buying and Selling a Business

  • Computer Consulting

  • Fraud Prevention and Detection

  • Estate Planning

  • Business Consulting

  • Pension & Profit Sharing Plans

  • Recommendations for Ongoing Operations

  • Recommendations for Start-Up Companies

  • Litigation Support

  • Expert Witness Services

  • Bankruptcies

  • Other Services

  • Accounting Services

  • Audits, Reviews and Compilations

  • Forensic Accounting

  • Financial Statements

  • Financial Forecasts & Projections

  • Tax Planning and Preparation

  • IRS Representation

  • Sales Tax Services

  • Estate & Trust Tax Preparation


Other Services


Litigation Support

Litigation support involves the quantification of economic damages pursuant to existing or pending litigation using accounting and auditing techniques. We have experienced competent staff who can compile information efficiently to assist in the calculation and documentation of any potential economic loss or damages.

Expert Witness Services

Pending or existing litigation can result in the need for a qualified professional to present his/her opinion to support or oppose evidence submitted to the court. Our level of competence allows us the opportunity to function as expert witnesses in such cases.

Bankruptcies

Filing for bankruptcy is a serious and involved process with many legal and tax issues. Our firm is familiar with the complexities of the bankruptcy filing system and can competently guide you through the process.

Other Services

Due to our diverse client base, we encounter a wide array of financial and tax issues. As a result, we have gained valuable experience over the years in numerous specialized areas, many of which are listed below. We feel our ability to provide such a variety of services reflects our versatility and competency, as well as our dedication to quality client service.

Mergers & acquisitions

  • Asset protection

  • Investment review

  • Bankruptcies

  • Litigation support

  • Cash flow forecasting

  • Employee benefit plans

  • Expert witness services

  • Internet commerce


Accounting Services


Accounting Services

Providing financial information to our clients in a timely and accurate manner is a commitment that we feel can not be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:

  • General ledger & financial statement preparation

  • Bookkeeping (Monthly/Quarterly/Annual)

  • Accounting system setup for new businesses

  • Computerized payroll services

  • Business tax return preparation (Sales & Use/Business Property)

  • Personal financial statements

  • Litigation support

Audits, Reviews and Compilations

We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on all three levels of assurance:

  • Audit- an intensive examination with the highest level of assurance

  • Review - some analytical procedures conducted with limited assurance

  • Compilation - based upon client information provided and used primarily for internal use.

Forensic Accounting

We use accounting and auditing skills to provide an analysis of financial records in conjunction with dispute resolutions, as well as fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.

Financial Statements

We can assist you in the preparation of your financial statements in accordance with professional standards, but express no opinion or any other form of assurance on the underlying information included in them. The financial statements produced can be a useful tool for management for making financial decisions.

Financial Forecasts & Projections

Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals.


Tax Services


Tax Planning & Preparation

Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, our experienced staff can develop tax strategies that take advantage of new tax laws and legislation.

IRS Representation

During our years of experience dealing with many taxing authorities, we have achieved a level of competence that can ensure our clients they are being properly represented before the various federal and state tax agencies.

Sales Tax Services

Many of our clients are responsible for collecting and submitting sales taxes in many different vicinities. We can assist your company in the compilation of information and preparation of sales tax returns in an efficient and timely manner.

Estate & Trust Tax Preparation

Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.


Consulting Services


Consulting Services

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:

  • Accounting software selection and implementation

  • Type of entity selection

  • Business valuations

  • Buying/selling a business

  • Computer systems

  • Financial & retirement decisions

  • Estate, trust & gift planning

Accounting Software Selection & Implementation

With the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we are exposed to most programs through trade journals and actual use. Our experienced staff can help you choose and implement the system that best fits your needs.

Business Succession Planning

Effective coordination of the transition of your business to your successors is critical to ensure its continued success once you decide to remove yourself from the company's day to day operations. With a solid background in tax and other financial matters, we are fully qualified to address the complex issues of business continuation and can assist you in developing a strategically sound plan.

Business Valuations

Whether you are thinking of buying a new business or in the midst of a difficult divorce, the amount attached to the value of your business is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.

Buying & Selling a Business

Structuring the purchase or sale of a business properly is a critical step in the process of buying or selling a business. Our competent staff has experience to guide you through the acquisition/disposition process by addressing such issues as cash flow analysis and tax considerations.

Computer Consulting

Whether you are contemplating the addition of new computer hardware or overhauling your network, our experienced staff can assist you with many of the difficult decisions that must be made when designing your business' computer systems.

Fraud Prevention & Detection

We use accounting and auditing skills to provide an analysis of financial records in conjunction with fraud and theft investigation. Our damage measurement methods can determine the extent of financial loss and illegal accounting practices.

Estate Planning

Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

Business Consulting

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.

Pension & Profit Sharing Plans

Qualified retirement plans (e.g. defined-contribution or defined benefit plans, Keoghs, SEPs…) can provide significant tax advantages for closely held businesses and self-employed individuals. Our qualified staff can assist you in evaluating the type of pension plan that will best serve the retirement needs of you and your employees.


Miscellaneous


Recommendations for Ongoing Operations

  • Develop personnel policies and procedures

  • Prepare quarterly payroll returns and verify timely tax deposits

  • Prepare quarterly or monthly financial statements

  • Perform year-end tax planning, at least one month before year end

  • Prepare annual federal, state and payroll returns

  • Develop employee job descriptions

  • Review existing insurance coverage at least once a year

  • Prepare and maintain personnel files

  • Establish a petty cash fund and policy

  • Establish answering mechanism for after-hours

  • Join industry associations and groups

  • Register trademarks (word, name, symbol or device) that indicates a unique identity on which your business is building.


 Recommendations For Start-up Companies

  • Choose management adviser: an accountant, an attorney and a banker

  • Develop a business plan, including flow projections

  • Using the business plan, establish a relationship with a banker for the following:

    • Credit-Card merchant account

    • Business checking account

    • Working capital loan

    • Equipment loan

    • Lock-box services

  • Select the legal entity and year-end date

  • Find a location for the business

  • Negotiate a lease

  • Prepare the necessary legal documents, as applicable

    • Partnership Agreements

    • Articles of Incorporation and first organizational minutes

    • Bylaws

    • Federal Identification Number(SS-4)

    • State and local license application

    • State unemployment number

    • Industry-specific license

  • Order business cards and business stationery

  • Order office telephone number

  • Purchase adequate insurance, as applicable:

    • Health

    • Umbrella

    • Employee dishonesty

    • Malpractice

    • Liability

    • Worker's Compensation

    • Life

    • Fidelity Bond

    • Computer and Equipment

  • Register business name with local & state authorities

  • Establish prices for your goods & services

  • Promote the business's operations through:

    • Press release to local and national media

    • Advertising

    • Direct-mail announcement

    • Coupons, discounts, invitations, etc.

  • Seek, interview and make offers to job candidates

    • Place ads

    • Check references

    • Obtain payroll and withholding information (Form W-4 and I-9)

  • MOST IMPORTANT PART!!

    • Select and implement a financial record keeping system, including:

      • Accounts payable

      • Accounts receivable

      • Inventory Tracking

      • Order Entry