Michael D Frank, Accounting

We believe in Personal Attention

Tax preparation service (show on map)

5.0

★★★★★

5 reviews

Michael D Frank, Accounting offers personalized accounting and tax services with a focus on individual and business needs.

Call (516) 486-6843

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About

Michael D Frank, Accounting is a small firm where our focus is YOU! We will work with each client one-on-one to make sure your taxes are as accurate as possible.

We offer a FREE initial consultation! Call us today at 516-486-6843 or e-mail [email protected] regarding our accounting and tax services. At Michael D Frank, Accounting, the careful management of your finances is our top priority. We pride ourselves on giving you personalized and thorough service that meets your business or individual needs. We provide a full range of tax and accounting services for our clients, including federal, state, and business tax services, accounting method reviews, audit & appeal representation, state and local tax specific services, sales and use tax determination, tax planning services, individual tax services, estate and trust tax services, and more. Our team is led by Michael D Frank, EA, a retired educator with extensive credentials and experience in accounting and taxation.

Personalized attention

Retired educator with specialized knowledge for educators

Comprehensive range of accounting and tax services

Services

Accounting Services

We can manage all your accounting and bookkeeping needs, from data entry to financial reporting. Our accounting services accurately track your revenue and expenses, providing up-to-date accounting information giving you valuable insight into your business's financial health.

Bank Account Reconciliation Tracking fixed asset acquisitions and disposals, including keeping depreciation up-to-date Accounts Receivable recording and report management Accounts Payable recording and report management Payroll processing, including periodic payroll processing as well as federal and state tax reporting Month End close general journal entries Financial reporting packages including General Ledger report, Income Statement, Balance Sheet, Cash Flows Statements, Aging reports for both Account Receivables and Payables, Reconciliation Reports, Custom reports specific to your needs

Bookkeeping Services

Good financial information provided in a timely and accurate manner is essential to good management. Let us perform your bookkeeping and save yourself time, money and distractions. This will allow you to focus on what you do best – running your business.

General ledger & financial statement preparation Adjusting journal entries Book keeping on an Monthly, Quarterly or Annual basis Accounting system setup for new businesses

Business Tax Preparation

We offer corporate tax return preparation services, but also work with our clients to develop a tax strategy. Corporate tax preparation occurs once a year during tax season, while corporate tax planning is an ongoing process to minimize tax liability.

Corporate Tax Preparation (Both C and S Corporations as well as Partnerships) Corporate Tax Planning Picking the right entity structure Accounting method changes Section 179 benefits R&D Tax credits Optimizing sales tax compliance between jurisdictions Determining the impact of taxes on transactions, mergers, and acquisitions

Individual Tax Preparation

We focus on all types of income taxes, including Individual (1040), Partnership (1065), S-Corporation (1120S), Fiduciary (1041), and Gift (709). We also offer specialized tax preparation for educators.

Federal, State and Business Tax Services Tax Return Compliance Accounting Method Reviews Audit & Appeal Representation State and Local Tax Specific Services Tax Planning Services Individual Tax Services Estate and Trust Tax Services

Educator Tax Preparation

As a retired educator, Michael D Frank has specialized knowledge to complete tax returns for educators, minimizing their tax burden.

Educator Expense Deduction (up to $300) for classroom expenses Union Dues Deduction (state-specific) Specialized knowledge of educator tax laws

Credentials & Certifications

Enrolled Agent (EA)

Since 2020

Reviews

Rating

★★★★★

Reviews

"He is thorough and efficient and pleasant."

Frequently Asked Questions

What is an Enrolled Agent? +

An Enrolled Agent is a certification given by the Internal Revenue Service that allows the professional to represent clients in front of the IRS.

What tax services do you offer? +

We offer federal, state, and business tax services, including tax return compliance, accounting method reviews, audit & appeal representation, state and local tax specific services, sales and use tax determination, tax planning services, individual tax services, estate and trust tax services, and more.

Do you provide services for educators? +

Yes, we have specialized knowledge to complete tax returns for educators, including educator expense deductions and union dues deductions where applicable.