Business Details
50+ Years
experience
Your Trusted Partner for Accounting Services in Millburn
Founded in 1955, Bloom & Bloom is a family-owned accounting firm dedicated to delivering comprehensive financial solutions. Our team of certified professionals brings decades of experience in auditing, tax planning, and consulting, serving small to medium-sized businesses and high-net-worth individuals. We specialize in HUD audits, non-profit organization audits, and multifamily housing audits, leveraging nearly 60 years of industry expertise. Our commitment to peer-reviewed standards and continuous professional education ensures compliance with evolving regulations while maintaining cost efficiency for clients. With a focus on personalized service, we combine technical proficiency with practical insights to help clients navigate complex financial landscapes.Our professionals have backgrounds in government agencies, international firms, and regulatory bodies, enhancing our ability to address diverse client needs. We prioritize transparency, ethical practices, and long-term client relationships built on trust and accountability. Our mission is to provide tailored financial guidance that safeguards assets, minimizes tax liabilities, and supports sustainable business growth. Through community involvement and innovative approaches, we strive to exceed client expectations while maintaining the highest standards of professional excellence.
Services
Auditing Services
Tax Preparation
Consulting Services
Accounting Services
HUD Audits
Non-Profit Audits
Business Valuations
Estate Planning
Forensic Accounting
Startup Consulting
Details
- Year established: 1955
Highlights and features
- We have nearly 60 years of specialized auditing experience.
- Our team includes CPAs with IRS and government regulator backgrounds.
- We specialize in HUD and non-profit organization audits.
- Peer-reviewed every 3 years for quality assurance.
- Personalized service combining technical expertise with strategic insights.
Associations and certifications
- American Institute of Certified Public Accountants (AICPA)
Services
Auditing Services
We provide specialized auditing services including HUD developments, non-profit organizations, and multifamily housing audits. Our peer-reviewed team ensures compliance with federal standards while reducing costs through efficient processes. With decades of experience in Yellow Book and USDA Rural Development audits, we deliver accurate, timely results tailored to regulatory requirements.
Tax Preparation
Our tax services cover preparation, representation, and strategic planning for businesses and individuals. We focus on minimizing liabilities while ensuring compliance with evolving tax codes. Personalized strategies address high-net-worth individuals' unique needs, including estate and gift tax considerations.
Consulting Services
We offer comprehensive consulting for startups, business valuations, and succession planning. Services include entity selection, funding strategies, and forensic accounting. Our experts provide litigation support and customized solutions for mergers, acquisitions, and financial restructuring.
Non-Profit Audits
Specialized audit and accounting services for non-profit organizations ensure compliance with grant requirements and federal regulations. We streamline financial reporting processes while maintaining transparency and accountability for tax-exempt entities.
HUD Audits
As industry leaders in HUD audits since 1955, we handle multifamily housing developments and NJHMFA projects. Our proprietary techniques reduce audit time and fees while maintaining strict adherence to regulatory standards for real estate entities.
People
Richard D. Bloom
Managing Partner
CPA with 25+ years of audit experience, specializing in HUD audits. Combines accounting expertise with motorsports passion, applying strategic insights to client advisory services. Tulane and George Washington University alumnus.
Helene S Bloom
Partner
Public accountant and former NJ Board of Public Utilities Audit Bureau Chief. Expert in eldercare issues and regulatory audit techniques. Kean College graduate with decades of experience guiding firm operations and client strategy.
Saul G. Bloom
Founding Partner
CPA (1955-2000) who established the firm's reputation in HUD auditing. Former IRS revenue agent and co-author of NJ Housing Finance Agency accounting manuals. Recognized for compassionate client advisory services.
Questions
What accounting services do you offer?
We provide tax preparation, payroll services, business entity selection, and traditional accounting services including financial statement compilation and review.
Do you specialize in non-profit organization audits?
Yes, we perform A-133 Yellow Book audits and other non-profit audits with expertise in regulatory compliance and federal grant requirements.
How does your audit process save money?
Our proprietary auditing techniques and 60 years of experience reduce audit time and fees while maintaining compliance with federal standards.
What consulting services are available?
We offer business valuations, succession planning, forensic accounting, litigation support, and specialized consulting for mergers, acquisitions, and financial restructuring.
Are you qualified for HUD audits?
Yes, we specialize in HUD multifamily audits and have been recognized as industry leaders since 1955 with nationwide service capabilities.
How do you stay current with regulations?
Our team undergoes regular continuing education and participates in AICPA peer reviews every three years to maintain compliance with evolving standards.
Reviews (1)
Larry Ogintz
Dec 26, 2018
Report
Bloom and Bloom, LLP, Certified Public Accountants was founded in 1955. They are a small diverse Family Firm of Certified and Public Accountants. Our areas of expertise include Auditing, for both commercial and non-profit entities, Accounting, Consulting and Tax Preparation and Planning services for small and medium-sized businesses, as well as, high net worth individuals. When you consider the increased complexity of todays business environment, you recognize the value and need for the fine caliber of quality advice tendered by the professionals of Bloom and Bloom, LLP. They participate in
