Business Details
39 Years
experience
Trusted Accounting and Tax Services in Morganville, NJ
Kumar & Co. CPA P.C. & Co. CPA P.C. has been a trusted partner for businesses seeking financial expertise since 1987. Our firm specializes in delivering tailored accounting, tax planning, and financial consulting services designed to minimize tax burdens and maximize wealth retention. With decades of experience, we serve a diverse clientele across industries including construction, manufacturing, healthcare, hospitality, and national franchises like Dunkin and Pizza Hut. Our team excels in navigating complex regulatory environments, having successfully managed IRS audits, Labor Department audits, and international compliance requirements. We prioritize personalized service, combining technical proficiency with strategic insights to support business growth and personal financial planning.Our commitment to accuracy and client success is reflected in long-standing relationships with clients nationwide and overseas. As a business owner-led firm, we understand the challenges our clients face and provide actionable solutions rooted in real-world experience. Our approach emphasizes transparency, ethical standards, and proactive communication to build lasting trust. By staying ahead of evolving tax laws and industry trends, we empower clients to make informed decisions that drive profitability and sustainability. This dedication to excellence has made us a preferred advisor for businesses seeking reliable financial stewardship.
Services
Business Loans
CFO Services
Tax Filing and Audits
Financial Reports
Retirement Planning
Legal Matters
Break-even Analysis
Insurance
New Business Services
Feasibility Reports
Details
- Year established: 1987
Highlights and features
- We have over 36 years of experience in certified public accounting.
- Our team serves diverse industries including construction, healthcare, and national franchises.
- We specialize in IRS audit defense and international compliance solutions.
- Our client-focused approach combines technical expertise with strategic business insights.
- We provide personalized financial planning tailored to business owner needs.
What people say
Timely efforts
Trusted advisor
Accurate and well-prepared
Dedication and commitment
Excels beyond expectations
Services
Tax Filing and Audits
Our tax services include comprehensive filing solutions and audit defense for businesses and individuals. We specialize in minimizing tax liabilities while ensuring compliance with federal, state, and international regulations. With decades of experience handling IRS audits and complex tax scenarios, we provide strategic guidance to protect clients during examinations. Our approach combines meticulous documentation with proactive planning to reduce risks and optimize returns.
Financial Reports
We prepare certified financial statements and detailed reporting packages tailored to business needs. Our services include balance sheets, income statements, and cash flow analyses that meet banking, bonding, and investor requirements. By maintaining rigorous accuracy standards, we help clients build credibility with financial institutions and stakeholders through transparent, audit-ready documentation.
CFO Services
Our outsourced CFO solutions provide strategic financial management for growing businesses. We offer budgeting, forecasting, and cash flow analysis to support data-driven decision-making. This service helps companies optimize financial operations, improve profitability, and navigate complex business transitions through expert advisory support.
Business Loans
We assist businesses in securing financing by preparing required financial documentation and strengthening credit profiles. Our team works with lenders to facilitate loan approvals for expansions, acquisitions, and working capital needs. By demonstrating financial viability through accurate reporting, we help clients access favorable financing terms.
Retirement Planning
Our personal financial planning services include retirement strategies and estate planning solutions. We help business owners develop tax-efficient exit strategies and wealth preservation plans. By integrating estate planning with overall financial goals, we ensure clients maintain control over asset distribution while minimizing tax implications.
People
Kumar Majmudar
President
Certified Public Accountant with 36+ years of experience, former Fortune 500 accounting director, founder of Kumar & Co. CPA P.C. & Co. CPA P.C. since 1987. Specializes in business tax strategy and financial planning.
Questions
What industries do you specialize in?
We serve construction, healthcare, hospitality, manufacturing, real estate, medical/IT consulting, and national franchises like Dunkin’ and Pizza Hut.
How do you handle IRS audits?
Our team has extensive experience managing IRS audits, providing documentation support and strategic representation to minimize liabilities and resolve issues efficiently.
Do you work with international clients?
Yes, we provide compliance solutions for overseas businesses and foreign asset reporting, serving clients nationwide and internationally.
What financial planning services do you offer?
We provide retirement planning, estate planning, wills, and business succession strategies tailored to individual and business owner needs.
How can you help with business acquisitions?
We prepare financial reports and provide guidance during acquisition negotiations, helping clients secure favorable terms with banks and sellers.
Reviews (7)
Richiet
Feb 03, 2020
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Kumar and his team are very professional and Proficient. I highly recommend his firm for for all Accounting Services whether it is tax Return, Audited Financial statements or complete accounting services including bookkeeping services.
Dev Mazumdar
Dec 23, 2019
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Kumar&co are extremely competent and offer accounting and tax preparation at very affordable prices. They are able to handle complicated accounting for individuals with overseas and domestic holdings. They also handle corporate taxes.
Ron P.
Dec 04, 2019
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I have been using Kumar and Co for both my business and personal taxes for 7 years now and couldnt be happier. Approachability, knowledge and professionalism are what brought me to Kumar and Co. and I whole heartedly recommend them to anyone looking for someone to handle their accounting needs.
Sundaram Raghunathan
Nov 20, 2019
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We have been using Kumar & Co for the past 10 years. Very good with their services. Kumar and his staff are always available to answer all our questions. Our son also takes his help.
Rajiv Shah
Nov 18, 2019
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Top notch service and support from Kumar and team. I would highly recommend to anyone looking for accounting and tax support for personal or small business use.
Viswanatham Saripella
Nov 14, 2019
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I have been using the services of Kumar from the past 8 years, he and his team always offer valuable assistance and guidance, a reliable, dependable and on outstanding professional tax service firm. Strongly recommend anyone who wants to get their business and personnel taxes done.
Sid Raghunathan
Oct 13, 2019
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I've used Kumar and Co for 3 years now, on a recommendation from my father, who has been using them for longer. I have always received professional service from folks on his staff, and quick knowledgeable responses to any questions asked. Highly recommended.