Businesses may be small, medium, or large. They may be very simple or highly complex. They may be formed as a sole proprietorship, partnerships, C-corporations, S-corporations, or limited liability companies. But they all have one thing in common. Their ultimate success depends upon maintaining accurate and detailed financial records. This is where we can help any commercial business with our services.
At Nigro & Nigro we understand that you want to focus on running your business. You don’t want to be bogged down with handling the seemingly overwhelming task of maintaining accurate financial records. Our clients enjoy the benefit of entrusting their financial statements to a CPA firm that understands their business. Our clients are allowed to run their businesses successfully by working in the business, not on the business. Our timely and accurate financial statement preparation allows you the opportunity to regularly assess your financial situation with regular insight and guidance from an expert financial adviser.
In addition to daily transnational accounting, we assist our commercial business clients with monthly or quarterly balance sheets, profit and loss statements, and cash flows statements. We also assist with monthly bank reconciliations, budgeting and forecasting. We can also prepare compiled financial statements for management use only or to provide to bankers or other interested parties. We do more than just provide you a bulky set of financial data that you don’t understand. We take the time to ensure that you understand what financial data you need to know to run a successful business.
In addition to the accounting function, we also help commercial businesses with tax reporting. We have industry expertise to help you navigate these highly complex returns. Keeping in mind that legally minimizing your tax liability is important to your operations, we assist with monitoring compliance with your tax filing requirements.