New York Certified Public Accountants and Advisors
KVLSM LLP is a full-service accounting firm on Long Island with a staff of professionals available to guide you through every facet of business and personal tax processing. We endeavor to continue to provide the highest level of professionalism and guidance across many industries, including fashion, entertainment, technology and retail business, with regards to both large- and small-sized corporations. Our services include, but are not limited to, financial statements, preparation and audit services, mergers and acquisitions, estate and trust consulting and tax preparation, IRS representation, cash flow and budget analysis, financial and retirement planning, CFO services and employee benefit plans.
New FinCEN Reporting Obligation starting January 1, 2024
In 2021, Congress passed the Corporate Transparency Act (CTA). This act represents a significant change in the regulatory landscape for ALMOST ALL entities doing business in the United States. The primary goal of the CTA is to enhance corporate transparency and combat financial crimes such as money laundering and the financing of terrorism.