Cpa Mill Neck

CPA In Mill Neck

What Does the AICPA Mean to My Accountant in Nassau County?

The American Institute of Certified Public Accountants (AICPA) is the world’s largest member association representing the accounting profession. It develops and grades the Uniform CPA Examination and offers specialty credentials as well.

Garcia & Associates, C.P.A. P.C. provides outstanding CPA and bookkeeping services to our Nassau County, NY clients. We believe each client deserves personal and professional attention and we strive for quality and trust as your financial partner. When in need of tax preparation and financial guidance in Mill Neck Garcia & Associates is the team to call.

Why Choose a CPA Instead of a Tax Preparer or Non CPA Accountant in Nassau County

A trusted CPA such as the team members at Garcia & Associates, C.P.A. PLLC has earned the title CPA through education, experience, and licensing. They have extensive knowledge of local tax codes and adhere to the ethical standards of the profession set forth by the AICPA. A CPA must maintain their license and fulfill continuing education requirements.

A CPA does not simply enter numbers into a form at tax time. They are extensively educated and credentialed in the profession. A trusted CPA becomes a partner in your tax and financial planning. They can also represent you to the IRS should an auditor question you about your taxes arise. They will always advise you on the best course of action for your financial benefit and stay knowledgeable about the laws that affect you in Nassau County.

Benefits of Hiring a Certified Public Accountant

The misconception is that people only hire a CPA for business purposes or for individuals with enormous wealth. In actuality, CPAs can help people with a wide range of income and financial situations. They help advise and are a first-line in future financial planning able to make suggestions on retirement, college planning, and estate planning.

Tax Time

When you work with a trusted CPA the goal is not a mad dash at tax time to figure out if and where they can save you money on income taxes. Throughout the year your CPA firm is available to guide you when you have questions. They can help you plan properly all year so you are prepared at tax time with as little stress as possible.

This holds true for businesses as well. They can help you establish your quarterly returns and prepayment plans to alleviate any payments at tax time. Many also offer bookkeeping services to help you manage a streamlined business accounting practice. If you have a business a CPA can provide advice on benefits for employees and 401k plans and compliance issues. For the self-employed, a CPA can help you navigate through the proper and best deductions available to you for your returns.

Planning for Retirement

A big reason for hiring a CPA is retirement planning. They can help you manage the money that you are saving for retirement. They can help you pick a plan that best suits your needs and are knowledgeable about the IRA’s and 401K’s. If you are a business owner they can help you manage plans for employees. A CPA can help you find a provider, help with benefit audits, and help with compliance and record-keeping when it comes to retirement plans.

Estate Planning

A CPA can give you peace of mind knowing that your wealth and assets will be handled securely and successfully after you have passed. Estate planning can be a complex issue and the rules continually change. A CPA can guide you through the process with ease ensuring your wealth stays intact.

AICPA Credentials and My CPA Firm

Aside from setting ethical standards, the American Institute of CPA’s offers specialty credentials for CPA’s who focus on areas of:

  • Personal Financial Planning
  • Forensic Accounting
  • Business Valuation
  • Information Management & Technology Assurance

This extensive education and the credentialing process are important when searching for a trusted advisor when it comes to your finances, especially if you are dealing with a business. The business tax laws can be daunting and finding a CPA you can trust and build an ongoing partnership with is key to financial peace of mind.

If you are searching for a “CPA near me”, be sure to put Garcia & Associates on your list. Visit https://www.garciagroup.com or call and speak with an experienced Nassau County CPA today 718-533-0300. Garcia & Associates C.P.A. is looking forward to answering all your questions and working with you.