Consulting Services

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. Gregory K. Meyer, CPAcan help you choose and implement the system and other technology that best fits your needs.

Advisory Services To Business Owners

Even the most qualified business owners and managers can benefit from competent, objective feedback. Michael Songin's resume and experience in this area is based on years of actual local and international business operating experiences. We can help your company develop long-term objectives and specific strategies to facilitate your business' future growth and success.

We have experience and assist you with starting or expanding your business, multiple business entities, maximizing profits, business associations and relationships, extracting cash, tax accounting periods and methods, shareholder-corporation transactions, fringe benefits, compensation and qualified benefit plans, shifting control, valuation, legal issues, business interruptions and loss measurement, and estate planning to name a few.

We have experience in advising and assisting you with:

• Purchasing, Starting or Expanding a Business
• Maximizing Profit for Your Business
• Tax Efficient Methods for Extracting Cash From Your Business
• Income Tax and Estate Tax Planning Strategies
• Exit Strategies for Owners
• Retirement Planning
• Planning and Brokering the Sale of Your Business

. 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.

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.

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.

Certified Valuation Services

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 or professional practice is important. We can provide useful and objective analysis to assist you in the valuation of any business in which you have an interest.

Computer Consulting

Whether you are contemplating the addition of new computer hardware or overhauling your network, Gregory K. Meyer, CPA thru Business & Technology Consulting Inc. can assist you with many of the difficult decisions that must be made when designing your business' computer systems, software applications and custom data and report design needs.

Debt & Financing Services

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.

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.

Loss Measurement and 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 that can compile information efficiently to assist in the calculation and documentation of any potential economic loss or damages.

Management Advisory Services

Even the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success.

Mergers & Acquisitions

Finding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations.

Miscellaneous

Divorce Strategy and Advisory Services

Our extensive divorce experience and services involve providing practical advice and experience for financial planning, costs of divorce, financial outcome management, valuation of business interests or property, recommendations for legal counsel for your needs, and minimizing the financial impact of divorce and adjustment.

Family and Business Office Services

We are tax and business advisors who provide highly specialized services to professionals, businesses and families offices that include: coordination of full scope bookkeeping and reporting, income tax, charitable giving and wealth transfer strategies, advise on business acquisitions and sales, structuring of real estate investments, working with affiliated professionals on private equity and venture capital transactions, planning for investments that utilize sophisticated ownership structures and managing tax compliance engagements.

Physicians & Medical Group Practices

We provide many services to healthcare providers and medical group practices, including the traditional tax, accounting and reporting services with which most providers are familiar and request when needed. However, our group is uniquely qualified to provide other valuable services that address critical needs not always recognized by healthcare providers, nor offered by other professional firms.

Our professionals can help you succeed in the changing healthcare environment by assessing the overall efficiency and profitability of your practice. Providers that can adjust to the risks of the changing healthcare environment and seize opportunities will be economically rewarded and retain a competitive market advantage.

We offer Medical Practice Advisory Services in the form of recommendations for your consideration and decision-making. Practice Transaction Services relate to specific transactions or events involving your professional career or practice.

We are dedicated to helping health care practitioners improve their operational performance. We provide an extensive range of services to this ever-changing profession, whether you are a continuing care practice or incident care practice; sole practitioner or large group practice, hospital-based or office-based.

Some of the healthcare practice matters that we can provide assistance with:

• Practice Management Review
• Advisory & Support Services for Medical Practice Administration
• Personnel Management and Staff Training
• Selection Of The Right Entity For Your Practice and Setting Up A New Practice
• Determining Provider Cost Structure
• Benchmarking Practice Performance
• Evaluation of Outsourced Billing & Collection
• Valuing Your Practice
• Practice Development, Mergers, Affiliations and Sales of Practice Interests
• Adding New Physicians, Structuring and Negotiating Employment and Shareholder Agreements
• Practice Split-ups & Separations
• Compensation and Retirement Planning
• Tax Compliance & Planning
• Practice-Specific Financial Reporting

Real Estate Financing & Project Development

Our experience and time invested in the real estate industry has required us to develop extensive capabilities to quickly prepare and present comprehensive financial, tax, cash flow, sales forecast outcomes and operating projections to assist you in analyzing your purchasing, leasing, development and financing alternatives and solutions. Please ask us for a comprehensive sample report for your real estate project.

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Tax Services

IRS & State Tax Problem Representation

We have over 30 years of experience dealing with the IRS and New York state tax authorities, and we have achieved a level of competence that can ensure that you are being skillfully represented before the various federal and state tax agencies in all matters, including taxpayer audits, refund claims, amended returns, non-filing, withholding and sales tax, trust fund penalties, tax appeals, tax assessments and collection action, liens, levies, innocent spouse, third party collection issues, offers-in-compromise, bankruptcy, criminal matters, penalty abatements and tax payment programs.

Michael J. Songin CPA CVA CGMA is registered with and authorized by the IRS to have direct IRS computer access to: 1) electronically file taxpayer Power of Attorney and Taxpayer Information Authorizations; 2) access the IRS computer Transcript Delivery System and electronically request and receive your tax information and tax returns; 3) Electronic Account Resolution to make online inquiries regarding a taxpayer's account; and 4) TIN Matching to electronically match a Taxpayer Identification Number with a taxpayer name.

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.

Tax Planning & Compliance

Tax planning is an essential element of the tax preparation process for both individuals, business owners and professionals. By making tax planning part of your overall personal, business and practice strategy, you can use our experience and access to the most current new developments in the tax laws to minimize both your current and future tax liabilities.

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

*Tax planning & return preparation

- Individuals

- Corporations

- Partnerships

- LLCs/LLPs

- Estates, trusts & gift

- Not-for-profit organizations

*Taxing authority representation

*Divorce and support issues

*Tax effects of buying/selling a business

Please note that your tax services are always and exclusively engaged with and provided by the CPA(s) and firm of your choosing and billed by that firm that provides those tax preparation services to you. For all tax return preparation and filing matters, Songin Luderman CPAs PLLC is the authorized electronic tax return filing transmitter to the various federal and state tax agencies and specifically does not provide any tax preparation services of any kind.  

Please regularly visit our NewsLetter section of our website to help stay informed on new tax and financial developments that are important to you.

We prepare all returns on an accurate and timely basis. We have significant annual investment in tax research libraries and computerized tax preparation software to enable us to accurately and efficiently plan and prepare all Federal and all 50 States tax returns for various types of entities including individuals and family members, corporations, LLCs/LLPs, partnerships and trusts.

As an Authorized IRS E-File Provider we can E-File most tax returns for individuals and business taxpayers to achieve the highest level of compliance, refund and payment efficiency.

Accounting Services

Financial Statement 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 two levels of assurance:

• Review - some analytical procedures conducted with limited assurance
• Compilation - based upon client information provided and used primarily for internal use.

Other Services

Notary Public

Bring us your important documents to notarize.