Dimov Associates CPAs offers premium tax and accounting services for individuals and businesses. The firm has the knowledge to handle tax or accounting issues at all levels of complexity, from basic W2 tax returns to complex forensic accounting returns and hedge fund/real estate accounting.
After years of serving clients in some of the largest metropolitan areas, our practice has obtained the expertise to navigate your specific regulatory environment and achieve desired outcomes on your return with solid professional integrity.
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Our firm has over a decade of experience in bookkeeping for businesses ranging in size from a single owner to thousands of staff members. Some of the services we currently provide are payroll, accounts payable, accounts receivable, and reconciliation to bank records.
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Our staff at Dimov Tax Services has extensive experience setting up and maintaining payroll, benefits, quarterly payroll filings, and all other matters related to the bank-end of your human resource and payroll processes.
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In our years of accounting, we have been asked with relentless frequency to create forward-looking financials and other expressions of financial events that are yet to arise.
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For companies of a certain size, or companies with certain debt/equity funding requirements, audited financial statements may be required. This is the most thorough type of attestation services that an accountant offers in the United States.
A limited liability company (LLC) is not a separate tax entity like a corporation; instead, it is what the IRS calls a "pass-through entity," like a partnership or sole proprietorship.
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Private equity accounting is complex and varies greatly with the individual characteristics of each fund. We provide a range of services for our private equity clients.
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If you need to file a federal tax return, but are not eligible for a Social Security Number, you must obtain an Individual Taxpayer Identification Number (ITIN) from the IRS. Although it sounds simple, the ITIN process can be complex.
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Individuals, corporations, and contractors may require reimbursement from insurance companies related to insured business losses. Such situations occur after hurricanes and other natural disasters. Our team has experience and involvement in collecting over $110 million in insurance reimbursements from Hurricane Sandy.
Estimated taxes are necessary to be paid to avoid penalty interest for certain individuals & businesses. These include entities that earn income where taxes are not being withheld.
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With over 12 years of experience in advising business purchase & sale decisions, we can advise on business valuation, due diligence, accretion/dilution of EPS, sale price, IPO strategy, and other factors related to the sale or purchase of businesses and units of businesses.
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Like every other industry, retail has its own metrics that need to be monitored. We speak the language of our clients and have worked with suppliers to improve their sales, real-time-replenishment, profitability, and relationships with big-box retailers.
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Our firm has been approached countless times for our expertise in creating templates with increasing complexity of formulas, features, and data connections.