(212) 641-0673 george@dimovtax.com

Accounting Services

Business Taxes

Tax preparation and compliance

Corporate tax preparation, partnership tax preparation, tax compliance, state, local, federal, and international-related tax consulting, sole proprietorship accounting and tax preparation. We will take the time necessary to explore the most beneficial possible treatments and discuss with you.

Forensic Accounting

Making sense of your data

Tasks in this category include everything from investigating spending during a marriage to reallocating a partner’s capital accounts and ownership share during the inclusion of a new business partner. Dissolution of partnership, data mining, fraud investigation, back taxes, reconciliation of past financial activity, organization and clean-up of historical accounting records, etc.

Valuation Services

Discounted Cash Flows

There are several common means for establishing business valuation. Reach out to our consultants to discuss valuation models. We have years of experience with prospective financials, financial projections, and other situational and forward looking pro-forma work

Attestation Services

Most Detailed Service

For companies of a certain size, or companies with certain debt/equity funding requirements, audited financial statements may be required. This is the most thorough type of attestation services that an accountant offers in the United States

Review Services

Limited assurance

This is a limited assurance that financial statements appear to be in line with Generally Accepted Accounting Principles

Compilation

Financial Statements Preparation

Give us your financial information, and we will create a set of standard, professional financial statements

Accounting Services: Accounts Receivable

Billing

Invoicing, accounts receivable, etc. Done easily and online for you to access anytime. Keeps track of who has paid your invoices and who is outstanding. Accounts receivables collections reports and aging reports as well. It costs money to hire an AR clerk. We can do this for you more accurately and at less cumulative cost for your business

Accounting Services: Accounts Payable

Management of payables to vendors

Payments to vendors, keeping track of spending, approval processes for vendor payments (making sure you don’t double-pay or pay for a service that you didn’t ask for, etc). Since we also file taxes, our bookkeeping is recorded with tax time in mind.

Accounting Services: Back Office Accounting

We do your accounting

Reach out to us for solutions regarding any back-office accounting-related tasks that you would like to outsource. This is called back office accounting or bookkeeping, and we can do it at a lower cost and with greater accuracy than hiring in-house. We also do it with your taxes in mind.

Accounting Services: Real Estate Accounting

Property management accounting

Our firm has extensive experience in the residential real estate markets specifically in New York City. Services include management of any and all accounting tasks related to property management, such as property taxes, maintenance of escrow accounts, AP/AR, capital improvements budgeting, line of credit analysis, repairs and maintenance, budgeting , and working with the board of directors.

Merger & Aquisition Consulting

With over 12 years of experience in advising business purchase & sale decisions, we can advise on business valuation, due diligence, accretion/dilution of EPS, sale price, IPO strategy, and other factors related to the sale or purchase of businesses and units of businesses.

Estate & Trust Taxation

Specializing in estate and trust taxation, our team ensures compliance and optimizes financial benefits for trustees and beneficiaries. We simplify complex tax processes, providing expert guidance on estate tax filings and trust management.

Inheritance Accounting

Our firm specializes in inheritance accounting, helping beneficiaries and executors accurately manage and report inherited assets. We streamline the process, ensuring proper documentation and compliance with tax regulations, while maximizing the value of your inheritance.

Cross Border Taxation (US/Canada)

We specialize in US/Canada cross-border taxation, providing tailored solutions for individuals and businesses navigating the complexities of tax obligations in both countries. Our expertise ensures compliance and strategic tax planning to optimize your financial outcomes across borders.

International Accounting (UK, Australia, Etc)

Our firm specializes in inheritance accounting, helping beneficiaries and executors accurately manage and report inherited assets. We streamline the process, ensuring proper documentation and compliance with tax regulations, while maximizing the value of your inheritance.

Forward-Looking Financials

Financial statements are used as presentations to potential investors, budgets for performance comparisons, and supplementary appended materials in a business plan. From financial projections for business plans to business startups, we can quickly put together reports that allow you to create goals for the future.