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Donofrio Incorporated: Why tax time isn’t taxing

It’s never too soon to start planning your next tax return. If you speak to your accountant once a year, you might be missing essential tax advice. Get more personalized service when you have your taxes prepared at Donofrio Incorporated (8519 Fourth Avenue, second floor, 718-921-1818). “We speak to clients throughout the year to give advice,” says John Donofrio, who with his wife, Cindy, are partners in the business. “We provide better service than the majority of accountants.” Donofrio Incorporated is a professional, full service accounting firm that provides accounting and tax services for individuals, small businesses, and corporations. Because they are a small firm, they can tailor services to each client’s specific needs, and provide close personalized attention to detail. This careful monitoring is the key to making right decisions that will improve profits. Financial peace of mind is extremely important, and when you use the services of Donofrio Incorporated you can rest well. Before opening this business, Donofrio was comptroller of a multi-million dollar corporation, and then ran a successful accounting business in Park Slope. As the business grew, he needed more space, and recently set up shop in Bay Ridge. Donofrio has an MBA in taxation, so he knows what he’s talking about. Still, tax codes change constantly, and are literally millions of words long, so it is essential to have a professional who has the patience to look up the latest information, check, and re-check to be sure you get to keep every dime you’re entitled to. This is the kind of service you can expect to receive from Donofrio Incorporated. The firm continuously monitors federal, state, and local tax law changes to allow its clients to minimize current and future tax liabilities. You’ll be off to a great start just by making an appointment as all new clients receive a $50 discount off their first year’s tax return, he says. In addition, clients are reimbursed for the first three hours of parking at the 85th Street and Fifth Avenue Municipal Parking Lot. There is also free electronic filing, so clients can receive their refunds quickly—the federal, usually within 7 days. In addition, if you’re not satisfied with the results of last year’s tax return, don‘t waste time worrying about “should haves” or “could haves.” Donofrio says, “We will give you an evaluation free of charge.” Full tax preparation and filing services are offered. “We will work with you year-round in order to minimize your total tax burden,” says Donofrio. “Our firm prepares all federal, state, and local tax returns for individuals and businesses at competitive, affordable rates.” Whether you’re an individual or a corporation, “Organization is the key to success,” says Donofrio. If necessary, “we can implement tailor-made due-date tax compliance monitoring systems to prevent costly interest and penalty assessments attributable to late filing.” The firm can prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP). In addition, it can “tailor-make financial recommendations that can help business owners and managers eliminate inefficiency and realize a business’ full profit potential.” Should you need representation services before the IRS, state, or local tax authorities, the firm is there to support you. Donofrio Incorporated also provides small business start-up services, including an analysis of tax ramifications and legal protections. “We will complete and submit federal and state applications for identification numbers, and submit registration for state income tax and sales tax withholding and remittance,” he says. Other services include bookkeeping, payroll services, as well as cash flow and budgeting analysis. “We look forward to meeting with you personally to learn more about you and to understand your needs,” Donofrio says. Call for an appointment today. Donofrio Incorporated is open Mondays - Fridays, 8 a.m. - 6 p.m. After mid-January, and through April 15, they are open seven days a week for the busy tax season. Additional information may also be found at www.donofrioinc.com.

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