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Our firm offers a wide range of services to our individual and business clients. We use an extensive system of checklists and computer technology in executing procedures to promote efficient completion of our engagements. Our experienced professionals work together in a team-oriented environment with interactive supervision, providing our clients with the highest quality service.

We focus our efforts on communicating the results of our engagement with management reports that highlight the pertinent information to management in an understandable format, providing management with timely information with which to make effective decisions.

Our firm has consistently received "clean" opinions on our "peer reviews" (an operational review by another public accounting firm for adherence to CPA industry standards).

Below is a description of the types of services that we provide:

(Click Service Title For Details)

  		• Litigation Support
  		• Employee Benefit Plans
  		• Accounting Services
  		• Tax Planning
  		• Tax Preparation
  		• Estate & Trust Tax Preparation
  		• Business Consulting   
    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.

    We have given expert testimony regarding varous accounting and tax issues coincident with legal proceedings, including:

    *Tax consequencees of support and property settlement issues relating to divorce.

    *Business valuations relating to divorce and stockholder disputes.

    *Forensic audits for embezzlement and fraud.

    *Tax consequences of adjudicated awards.

    Attorneys often involve us in negotiations to facilitate settlement of disputes, keeping the cost of resolution to a manageable level.

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    Employee Benefit Plans
    Galanti & Company, P.C. offers a complete menu of services relating to administration of a sponsor's pension or profit sharing retirement plan in accordance with ERISA, including:

    *Preparation of annual financial statements

    *Preparation of annual participants' statements

    *Preparation of Form 5500, the annual report for employee benefit plans, filed with the U.S. Department of Labor

    *Preparation of summary annual report to be distributed to participants

    *Preparation of required documents to terminating participants for required disclosures and elections

    *Audited financial statements as required for plans with more than 100 participants (full or limited-scope)

    Our professional staff are trained to use brokerage statements and other reports to make the most efficient use of the information available to us in completing the engagement.

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    Accounting Services
    Our firm provides a full range of cost effective accounting services including the following:

    *Bookkeeping services - general ledger, bank reconciliation, and fixed asset recordkeeping

    *Compiled financial statements - selected analytical procedures and drafting of financial statements

    *Reviewed financial statements - extensive analytical procedures and drafting of full-disclosure financial statements

    *Independent audits of financial statements

    *Performance of agreed-upon procedures

    *Budgeting

    *Projected financial statements

    *Design of accounting systems and selection of accounting software

    *Personal financial statements

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    Tax Planning
    Galanti & Company, P.C. promotes timely and effective consideration of tax issues for both business and individuals, including:

    Businesses -

    * Selecting the most appropriate form of business entity

    *Analyzing the tax consequences of proposed transactions

    *Structuring of compensation plans

    *Selection of retirement plans

    *Consideration of alternative transaction structures relating to mergers and acquisitions to maximize after-tax returns

    Individuals -

    *Projection of tax liabilities and cash flow planning

    *Analyzing the tax consequences of exercising stock options

    *Consideration of alternative transaction structures to maximize after-tax returns

    *Evaluating transfers of property for estate and gift tax considerations

    *Gifting of appreciated property to charitable organizations

    *Guidance on tax-free exchanges

    Galanti & Company, P.C. uses the most current tax materials and effective planning software and procedures to provide our clients with timely communication about potential tax consequences.

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    Tax Preparation
    Galanti & Company, P.C. has trained its professionals to exercise professional care in preparing tax returns, utilizing a system that monitors the proper operation of its computerized tax preparation software. We have extensive experience in perform tax compliance in the following areas:

    *Federal and all state income tax returns for corporations, partnerships,limited liability companies,individuals, trusts, estates, and not-for-profit organizations

    *Quarterly and annual payroll tax returns for both federal and state agencies, including the preparation of annual forms 1099 for miscellaneous payments required to be reported to IRS

    *Business Personal Property tax returns

    *Sales and use tax returns

    *Estate tax returns

    *Gift tax returns

    *Trust tax returns

    Occasionally, our clients will encounter issues with taxing authorities that require our expertise in tax laws and procedures, including:

    *Resolution of penalty assessments

    *Audit representation

    *Negotiating an installment agreement for delinquent tax liabilities

    *Preparing an offer-in-compromise for uncollectable tax liabilities

    We are proud of our history of professional dealings with tax authorities resulting in reasonable and fair treatment of taxpayers.

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    Estate & Trust Tax Preparation
    Effective estate and gift planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order. We also have extensive experience in the preparation of the various estate and trust tax returns.

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    Business Consulting
    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. Some of the services we provide are as follows:

    * Individual/Team Productivity

    * Work Flow/Planning

    * Management Skills

    * Dispute Resolution

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