Cusmano & Co., P.C.-

Cusmano & Co., P.C.

Business start-up services – getting off on the right foot:
Assistance with business startup in the United States. Consultation on the matters to be considered when starting a business.

We help you determine whether funding for the U.S. entity should be classified as contributed capital or loaned amounts after considering the tax and accounting implications.

Analysis of financial and other data to assist with structuring a new business or a subsidiary of an existing one.

Assistance with legal or entity matters, including choice of business entity (e.g. corporation, LLC, partnership and sole proprietor).

Preparation of Articles of Incorporation or Articles of Organization.

Preparation of applications for federal employer identification number and registration for state and local taxes.

Consultation concerning selection and implementation of a retirement plan (e.g. profit sharing, 401(k) or SIMPLE plan). Preparation of retirement plan documents and related federal filings.

Use of technology – using technology for greater productivity:
Assistance with the selection and setup of accounting software and subsequent upgrades.

On-site training and on-going support for your team members.

Ongoing assistance to your personnel. We provide year-round support on recording of accounting transactions and other accounting software questions.

Outsourcing Services – we become your accounting department:
We remove the burdens of information processing and financial reporting from your daily routine. We maintain your computerized accounting system and perform all functions necessary to produce monthly financial statements and management reports. This service includes maintenance of the purchase journal, aged accounts payable listing and preparation of monthly disbursement checks, maintenance of the sales journal, aged accounts receivable listing and recording of all cash receipts as well as payroll entry or payroll processing.

Compliance Services - reducing your worry:
Ongoing assistance to your accounting department. We provide year-round support on recording of accounting transactions.

Preparation of compiled, reviewed or audited financial statements.

Compilation of specialized management information reports.

Maintenance of book and tax property depreciation schedules, including interim updating of additions and deletions.

Preparation of federal, state and local individual income tax returns with all necessary schedules and estimated tax vouchers if needed.

Preparation of federal, state and local income tax returns for the business, whether a sole proprietor, partnership, or corporation.

Representation in the event of any IRS or state audits.

Taxation Planning - minimizing your liability:
Year-end tax planning review and forecast of tax liabilities. Strategy setting for reducing taxes.

Planning to prepare for major business transactions, such as mergers and acquisitions, performed from a strategic and tax minimization perspective.

Completion of a tax compliance assessment to identify the strengths and weaknesses of the company’s income and other tax compliance practices and a plan to help team members improve documentation and practices.

Management accounting – getting you in control of your business:
Preparation of annual forecasts and budgets for profit and cash flow planning purposes, with breakeven sales levels. Calculation of sales targets to achieve your financial goals.

Finance management – making money work for you:
Assistance with bank financing, including obtaining and evaluating proposals.

Evaluation of alternative forms of financing, including leasing and venture capital.

Assistance with cash management including sweep accounts and investment of surplus funds.

Back to list of services

Business start-up services – getting off on the right foot:
Assistance with business startup in the United States. Consultation on the matters to be considered when starting a business.

Use of technology – using technology for greater productivity:
Assistance with the selection and setup of accounting software and subsequent upgrades.

Compliance Services - reducing your worry:
Ongoing assistance to your accounting department. We provide year-round support on recording of accounting transactions.

Taxation Planning - minimizing your liability:
Year-end tax planning review and forecast of tax liabilities. Strategy setting for reducing taxes.

Management accounting – getting you in control of your business:
Preparation of annual forecasts and budgets for profit and cash flow planning purposes, with breakeven sales levels. Calculation of sales targets to achieve your financial goals.

Finance management – making money work for you:
Assistance with bank financing, including obtaining and evaluating proposals.

Evaluation of alternative forms of financing, including leasing and venture capital.

Business start-up services – getting off on the right foot: Assistance with business startup in the United States. Consultation on the matters to be considered when starting a business.

Use of technology – using technology for greater productivity: Assistance with the selection and setup of accounting software and subsequent upgrades.

Compliance Services - reducing your worry: Ongoing assistance to your accounting department. We provide year-round support on recording of accounting transactions.

Taxation Planning - minimizing your liability: Year-end tax planning review and forecast of tax liabilities. Strategy setting for reducing taxes.

Management accounting – getting you in control of your business: Preparation of annual forecasts and budgets for profit and cash flow planning purposes, with breakeven sales levels. Calculation of sales targets to achieve your financial goals.