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Business Services
Setup & Run your Business Hassle Free !

Scope of Services

Our scope of services is broad, including the preparation of personal, business, trust, and estate income tax returns, certified audits, reviews and compilations. We also manage International taxation issues for businesses as well as overseas investor issues for Non-Residents and Expats.

 Business Services

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  Accounting Services

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  International Taxation for Business

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  In-corporations & Formations

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  Audit, Reviews & Compilations

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  Business Consulting

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  IRS Problem Resolution

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  Computer Software

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  Business Plan & Projections

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  Cash Flow & Budgeting Analysis

Accounting Services

Financial Reporting is the end result of any businesses accounting system. Whether you are new to business or have been in business for years, we can help you organize and implement good financially sound accounting systems with the proper internal controls. As you are aware, time is an essential element in accounting is directly related to efficiency, we at our end try to give you the best combination of both. We can assist you in identifying whether your existing systems are good or if modifications are required.

Our Accounting Services Includes:

General Ledger  & Financial Statement Preparation

Book Keeping

Computerized Payroll Services

Business Property/Sales & US Tax Returns

Personal Financial Statements

Litigation Support

Accounting Services

Cross border transaction and investments have caused complexity and uncertainty in tax matters. International Taxation is a complex subject that should be tackled only through professional advisory and consultancy. Our guidance helps in ascertaining the precise tax liability, tax planning and minimization of double taxation.

We are tax specialists in DTAA (US India Tax Treaty), and can work with individuals on any cross border issues related to US/India taxation.

If you live overseas and are looking to set up a business within the USA, we provide services and guidance to help you form the company, register with various authorities, and begin operating as soon as possible.

Your Tax Advisor works closely with high net-worth international individuals who want to make investments in the USA. We are able to assist with EB5 Visa applicants, to obtain their EB5 and L1 Visa.

International Taxation for Business

In-corporations & Formations

Our firm is geared to incorporate a Corporation, Partnership, Limited Liability Company or Sole Proprietor within 48 hours. We provide services are available in all 50 states.

IRS Problem Resolution

An IRS audit can be an intimidating and complex process. If you or your business face an IRS audit, I can bring to bear years of experience in dealing with tax matters and IRS audit procedures to ensure that you are properly represented when dealing with the IRS and other tax authorities.

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We communicate with and represent our clients to the IRS or local government. We can clarify matters and negotiate the best arrangement for our clients. In most cases our clients don’t even come in contact with these agencies. Whether it is a Sales tax audit, payroll audit or an IRS audit, we can help.

Incorportion & IRS

Audits

An audit provides the highest level of assurance. An audit is a methodical review and objective examination of the financial statements, including the verification of specific information as determined by the auditor or as established by general practice.

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Our work includes a review of internal controls, testing of selected transactions, and communication with third parties. Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.

Compilation

In compiling financial statements for a client, we present information that is the "representation of management" and expresses no opinion or assurance on the statements. Compilations don't require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business. Banks often require compilations from an independent CPA as part of their lending covenants.

Reviews

Less extensive than an audit, but more involved than a compilation, a review engagement consists primarily of analytical procedures we apply to the financial statements, and various inquiries we make of your company's management team. It can be a good middle ground, providing the advantages of a CPA's technical expertise without the work and expense of an audit. If the financial statements or supporting information appear inconsistent or otherwise questionable, we may need to perform additional procedures.

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A review doesn't require us to study and evaluate your company's internal controls or verify data with third parties or physically inspect assets. Rather, a review report expresses limited assurance in the form of the statement: "We are not aware of any material modifications" for the financial statements to be in conformity with the Generally Accepted Accounting Principles (GAAP). Reviewed financial statements must include all required footnotes and other disclosures.

Which report should you use ?

Each type of financial statement report may suit specific circumstances, depending on requirements from your client's bank or other parties, as well as meet budgetary needs. Understanding each report's unique strengths and weaknesses can help you choose the most appropriate one. Please let us know if you have questions about which type of report is right for you.

Audit, Reviews & Compilations
Business Meeting

Business Consulting

As a true business partner, I am available to help you deal with any business problem or opportunity. I stand ready to engage in business consulting projects to help you make the right decisions for the future of your business. Whether you face questions related to expanding, selling or restructuring your business, I have the necessary business acumen and analytical capabilities to help you make the right decisions.

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We specialize in business consulting, helping clients identify weaknesses and strengths that affect profitability and growth and develop solutions that are practical, profitable and technically sound. In addition we provide comprehensive and yet flexible strategies that address the issues affecting the business and its profitability.

The following are a few areas in which we provide consulting services:

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‘Entity Selection’ (Proprietorship, Partnership, LLC, LLP, Corporation, etc.)

Buying or Selling a Business

Business Valuations

Financial & retirement Decisions

Pension Plans, Estates, Trusts & Gift Planning

Business Consulting

Computer Software (Accounting)

With the vast amount of accounting software available today, it is important to find a program that is reputable and appropriate for your business. We have experience with multiple types of software, and can recommend a suitable program for your accounting needs.

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Getting our clients on the right foot at the inception of the business is our specialty. We assist our clients in identifying the appropriate accounting program suited to their business. There are numerous programs available in the market and it is not possible for the client to decide. As we are exposed to many of these programs through the trade journals and actual use, we are updated with the additions to these programs.

Business Plan & Projections

We aid you in preparing their financial projections in the correct manner acceptable to law. Financial forecasts and projections are needed when acquiring working capital or term loans. Apart from this it is essential to effectively manage and grow the business. An effective business plan conveys to the bank, venture capitalist or possible future partner that the business has a handle on its’ financial affairs.

Cash Flow & Budgeting Analysis

It’s not unusual for a business to have cash flow problems. Most businesses with high profits and unusual growth curve frequently face the cash flow dilemma. Forecasting and evaluating the client company’s financial condition, estimating financing requirements and tracking cash-flow sources and uses are a few tools we provide our clients to overcome this dilemma.

Business Plan

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Kohli CPA P.C. Certified Public Accountants

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1180 Avenue of Americas 8thFI

New York, NY 10036

USA

Quick Links :    About us   |   Business   |   Individual   |   Estates & Trusts   |   Contact us

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212-537-5049

718-228-9228 / 800-593-5049

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