Accounting Services
IRS and State/Local Representation
Our firm knows tax laws. We are experienced in negotiating offers with the IRS, and negotiating appeals regarding various penalties you may have incurred.
Compilation and Review
We offer all of our business clients full compilation and review services.
Tax Services
Our firm offers a full range of tax planning and compliance services. We work with our clients throughout the year in order to minimize your total tax burden. In addition, we prepare all federal, state and local tax returns for individuals and businesses.
Tax Planning
we monitor all federal, state, and local tax law changes to help our clients minimize tax liabilities. If necessary, we implement compliance monitoring systems to prevent costly interest and penalty assessments due to late filing. We also offer full tax preparation and filing services.
Tax Preparation
Frank J. Librio, CPA offers complete preparation of federal and state returns, regardless of which state you reside. We prepare all corporate (1120 and 1120S), partnership (1065) and individual (1040) tax returns.
Tax Problems
• Individual, Partnership, Corporate and LLC business entities.
• Preparation of payroll, subcontractor, personal property and sales tax returns.
• IRS audit representation, penalty abatement and offers in compromise.
Payroll services
Our firm offers complete payroll tax return preparation for quarterly and annual tax filings (form 941, 940, 944, W-2, W-3 as well as CT941, and CT state unemployment tax return (UC2). We also provide complete tax preparation for subcontractors (form 1099, 1096, CT1096).
Estate, Gift and Trust Tax Return Preparation
Our firm provides expert preparation of federal and state estate, gift, and trust tax returns.
Bookkeeping/Write-Up
At FJL, CPA we provide a complete bookkeeping service, including journal and subsidiary ledgers, bank statement reconciliation, and receivables and payables tracking and analysis.
Not-For-Profit
We provide a complete range of services for not-for-profits. Bookkeeping, tax preparation (form 990, 990EZ), financial statement preparation for various state and federal agencies. At FJL we help you keep your not-for-profit up on the newest laws and regulations that could effect your 501(c)3 status.