Professional Service Firms
You became a professional to serve your clients. We became professionals to serve you.
The professionals at Armao, Costa & Ricciardi have counted professional service firms and sole practitioners among our clients for over 25 years. With an inherent understanding of the issues and challenges that our professional colleagues face, our goal is to emphasize cost containment, operational efficiency and strategic planning in each firm’s day-to-day operations and long-term practice management.
We specialize in assisting professional firms in achieving improved financial results and confidence that tax and financial matters are properly addressed. Our business expertise results in timely, practical solutions and a level of responsiveness that each professional expects and deserves.
We go beyond traditional accounting to provide consultation and advisement on areas that range from business valuations to mergers and acquisitions to personal financial and retirement planning to computer systems.
Our services to Professional Service Firms include:
- Administration of profit sharing and pension plans
- Audits, reviews and compilations of financial statements
- Budgets, forecasts and projections
- Business valuations
- Buy/sell, partnership and shareholder agreements
- Buyouts and dissolutions
- Cash management systems
- Compensation
- Employee benefits evaluations
- Employee retirement and welfare planning
- Entity selection - form of organization analysis
- Estate and gift tax planning
- Medical records reviews and training
- Mergers and acquisition
- Partnership agreements
- Personal financial planning
- Practice assessments, internal controls and operational reviews
- Reorganizations
- Retirement planning
- Strategic business planning
- Succession planning
- Tax planning and compliance
- Technology and computer systems solutions