TAX PREPARATION AND TAX PLANNING
Our combined 45 years of experience providing tax preparation and planning services allows us to help clients recount memorable moments from the past while creating a plan for the future. We are proud to provide tax preparation and planning services for the following types of clients:
- Not-for-profit organizations
Tax planning and preparation form a winning combination for our successful individual and business clients. Whether you are an individual or a multi-tiered partnership, we can develop tax strategies that take advantage of new tax laws and legislation, such as the recently passed "Tax Cuts and Jobs Act," which completely overhauls the Tax Reform Act of 1986. Be sure to check out our highlights of this major tax reform here.
ACCOUNTING, BOOKKEEPING, AND BUDGETING
We work with many small business owners to assist them with general accounting services in the areas of bookkeeping, payroll filings, and QuickBooks advising to ensure that reporting deadlines are not missed and that financial records are up to date and in order.
Establishing a budget is one of the most important things to do once your goals have been determined. We work with individuals to help them develop a system to monitor and better control their spending habits so that they may be better positioned to achieve their short-term, intermediate-term, and long-term goals.
COLLEGE AND STUDENT LOAN ADVISING
With the cost of college and private education increasing faster than inflation each year, it is essential to develop and implement a plan of action right away. Ross specializes in providing education planning services to individuals, families, and other professional advisors through Riskin Advisory, LLC. Ross works with clients to help them save and pay for college in the most financially efficient manner, and also provides tailored student loan advising services.
For those advisors who wish to learn how to add college and student loan advising to their service offerings, they can look into joining the American Institute of Certified College Financial Consultants (AICCFC). The AICCFC was created by Ross in 2017 to offer educational training to CPA Financial Planners who wish to offer college and student loan advising services to their own clients. The AICCFC is the issuer of the premiere college advising designation, the Certified College Financial Consultant (CCFC), which can be obtained after fulfilling education, experience, and service requirements.
TRUST, GIFT, AND ESTATE PLANNING
Effective trust, gift, and estate 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 work with you and your attorney to guide you through the complex process of getting your financial affairs in order.
*Neither Riskin & Riskin, PC, Robert Riskin, nor Ross Riskin provide investment advice or investment advisory services for clients in any capacity. Riskin & Riskin, PC does not hold itself out to be a financial planning or investment advisory firm and Robert Riskin and Ross Riskin do not hold themselves out to be financial planners or investment advisors.
*Neither Robert Riskin nor Ross Riskin are attorneys. Riskin & Riskin, PC, Robert Riskin, and Ross Riskin do not provide legal advice in any capacity and they recommend that you reach out to a competent attorney or lawyer for all legal matters.