Business Details
Trusted Accounting & Tax Services in Central Islip
King & Associates, CPA, PC is a full-service accounting and valuation firm dedicated to delivering professional, personalized financial services to individuals and businesses across Long Island and New York City. With over 15 years of specialized expertise in business valuations and certified accreditation from recognized industry bodies, we combine technical proficiency with a client-first approach to address complex financial needs. Our services span tax planning, audit assurance, succession strategy development, and detailed financial analysis, all grounded in core principles of professionalism, responsiveness, and quality.We maintain memberships in the New York State Society of Certified Public Accountants and the AICPA Peer Review Program to ensure compliance with the highest industry standards. Our teams extensive experience in handling IRS representations and estate tax matters positions us as a trusted partner for clients seeking clarity in financial decision-making.
Services
Business Valuations
Tax Services
Audit Services
Estate Planning
Payroll Services
Financial Statements
Retirement Planning
IRS Representation
Highlights and features
- We have over 15 years of experience in certified business valuations.
- Our team includes members of the New York State Society of CPAs.
- We provide personalized audit services with IRS representation expertise.
- We offer tailored tax planning strategies for individuals and businesses.
- Our financial reporting services ensure regulatory compliance and transparency.
Associations and certifications
- AICPA Peer Review Program
- New York State Society of Certified Public Accountants
- Certified Valuation Analyst
Services
Business Valuations
Our certified valuation analysts provide objective business valuations for estate planning, mergers, and legal proceedings. With over 1,000 completed valuations, we use industry-standard methodologies to determine accurate business worth for clients in Long Island and New York City. Our services support informed decision-making for sales, gifting, or litigation matters.
Tax Services
We offer comprehensive tax preparation and planning for individuals, corporations, and trusts. Our team stays updated on tax law changes to minimize liabilities while ensuring compliance. Services include IRS representation, estate tax filings, and sales tax return preparation for businesses across multiple jurisdictions.
Audit Services
We conduct independent audits with the highest assurance level required by lenders and government agencies. As members of the AICPA Peer Review Program, our audits meet stringent quality standards. We also perform reviews and compilations tailored to clients' specific reporting needs for for-profit and nonprofit entities.
Estate Planning
Our estate planning services help clients protect assets for beneficiaries while minimizing tax burdens. We address business succession challenges and coordinate with legal advisors to create seamless transfer strategies. This includes trust management and tax-efficient gifting solutions for high-net-worth individuals.
Payroll Services
We design efficient payroll systems and handle tax return filings for growing businesses. Our services include implementing internal controls to ensure accurate employee payments and compliance with federal and state regulations. We support businesses in maintaining error-free payroll operations.
Questions
What accounting services do you offer?
We provide audit services, tax preparation, business valuations, payroll processing, and financial statement preparation for individuals and businesses in Long Island and NYC.
Do you offer free consultations?
Yes, we provide free initial consultations to discuss your financial goals and service needs.
Are you qualified to perform business valuations?
Our lead professional holds the Certified Valuation Analyst credential and has completed over 1,000 business valuations since 2007.
What areas do you serve?
We primarily serve clients in Long Island and New York City, with specialized expertise in state-specific tax matters.
Reviews (1)
Jaime Santiesteban
Jun 13, 2019
Report
Professional CPA. Quality quick service would recommend them to any of my family members or business associates. They are open year around and available to help you and advise you with any tax questions.
