Services

A medical practice, a retail store, an insurance agency and a restaurant each have unique accounting and tax needs, so it’s important to find a New York metro area accounting firm that understands the difference.

Tax & Advisory Services

Tax Preparation & Compliance

We believe effective tax planning is essential to a successful tax strategy. We work with our clients throughout the year to help them achieve favorable financial outcomes while remaining compliant with applicable tax laws. Our team stays current on local, state, federal, and international tax regulations so we can help individuals and businesses reduce audit risk, maintain compliance, and make informed financial decisions.

How We Help

We provide comprehensive tax preparation and compliance services, including:

Preparing tax returns for individuals, privately held businesses, not-for-profits, trusts and estates, foundations, and more
Maximizing tax outcomes and efficiencies for your business
Managing complex local, state, federal, and international tax matters
Delivering timely, complete, and accurate filings

Tax Planning & Strategy

At Trager, Kevy & Trager, we take a proactive and comprehensive approach to tax planning. We consider your current needs and obligations while also planning for the long-term impact of today’s financial decisions. Our experienced tax professionals develop customized strategies designed to align with your unique financial situation, identify opportunities, and reduce potential tax exposure.

Our approach includes:

Proactive Planning: We monitor changes in tax laws and regulations to help position you favorably in current, emerging, and future tax environments.
Tax-Efficient Structuring: We help design efficient structures for business operations, transactions, and investments while balancing tax benefits with appropriate risk management.
Future-Focused Guidance: We provide clear insight into the tax implications of your business and financial decisions, helping support long-term profitability, stability, and growth.

Estate Planning

Effective estate and trust planning helps provide financial security for your loved ones and, for business owners, supports a smooth transition of ownership. At Trager, Kevy & Trager, we help clients navigate complex and evolving tax laws to facilitate the transfer of assets, preserve wealth, and minimize tax liabilities for beneficiaries.

A thoughtful estate plan is essential to ensuring your assets are distributed according to your wishes while helping avoid unnecessary complications. Having your taxes and estate thoroughly and carefully planned will ensure that your loved ones don’t have any complications to deal with during a time of loss.

Tax Controversy

Trager, Kevy & Trager’s leadership and professionals have decades of experience working with federal and state tax authorities. Our experience enables us to assist clients with tax audits, liens, notices, and other tax matters as they arise, responding promptly and effectively.

We represent individuals and businesses before state and federal tax authorities throughout the various stages of dispute resolution, including appeals and post-appeals matters. When tax issues arise, we help guide you through the process with confidence and clarity. We are here to guide you through the process every step of the way.

International Tax

As globalization continues to reshape the business landscape, the complexities of international tax have become increasingly important. Companies expanding across borders or engaging in international ventures must navigate a complex framework of tax regulations, treaties, and compliance requirements. Our team brings deep global tax knowledge and strategic insight to help businesses address these challenges with precision and foresight.

Cross-Border Tax Strategies: Developing tax-efficient strategies for businesses operating in multiple jurisdictions while maintaining compliance and identifying opportunities for savings.
Global Transfer Pricing: Advising on pricing strategies for intercompany transactions to help ensure alignment with global standards, support compliance, and reduce audit risk.

Tax Credits & Incentives

Credits and incentives are powerful tools that offer tangible opportunities for business growth. By expertly navigating these avenues, our team helps clients capitalize on opportunities for savings, credits, and long-term strategic momentum.

Identification & Analysis: Uncovering tax credits and incentives specific to your industry and business model, helping maximize your available entitlements.
Strategic Application: Facilitating the application and documentation process with accuracy to help support the highest probability of approval.
Continuous Monitoring: Staying attuned to changes and developments in the tax landscape so you remain informed about new incentives and updates to existing programs.

Client Accounting & Advisory Services

Fractional CFO

Companies with limited resources can access the skills and knowledge of a CFO before they require a full-time executive. Our fractional CFO services provide many of the same benefits as a full-time chief financial officer or controller without the full-time expense.

We create a financial administration and planning structure tailored to the needs of each company, using dashboards, key performance indicators, and meaningful financial insights to support informed decision-making and long-term growth.

Monthly Accounting Services

From start-ups to established enterprises, our clients rely on accurate and insightful financial information to maintain profitability and capitalize on new opportunities. Trager, Kevy & Trager’s accounting services help clients move closer to these goals through accurate record-keeping, timely reporting, and guidance on financial matters such as accounting system setup, cost containment, tax planning, investments, and employee benefit and profit-sharing plans.

These services include, but are not limited to:

General ledger and financial statement preparation
Accounting system setup and support
Bookkeeping on a monthly, quarterly, or annual basis
Litigation support
Payroll processing
Personal financial statements
Corporate tax planning and return preparation
Employee benefit and profit-sharing plans
Cash flow budgeting and forecasting

Mergers & Acquisitions (M&A) Services

Mergers and acquisitions can serve as a bridge between growth and stability, two essential pillars for businesses of all kinds. At Trager, Kevy & Trager, we understand that the M&A process is not one-size-fits-all. Our M&A-trained professionals tailor their approach to each client’s unique goals, needs, and circumstances.

Strategic Analysis: Evaluating whether a merger or acquisition aligns with your business’s vision and objectives.
Risk Assessment: Identifying and assessing potential challenges to help you navigate the transaction with confidence.
Benefit Realization: Helping ensure the transaction creates value for your stakeholders.
Due Diligence: Conducting a thorough review and analysis to support an informed and cohesive transaction.
Post-Merger Integration: Developing strategies for a smooth integration, from operational functions to organizational culture.

Accounting and Business Software Consulting

Having the right accounting and business software can significantly enhance your operations and improve decision-making. With numerous software solutions available, it is important to select one that aligns with your accounting needs and business objectives. Our team, grounded in both accounting expertise and technology, provides consultative guidance to help you make informed software decisions.

Software Selection Advisory: Leveraging our accounting knowledge to help identify software solutions that best align with your business’s unique needs.
Optimization Guidance: Providing guidance on how to maximize the features and capabilities of your selected software to help ensure you receive the greatest value.
User Training Recommendations: Directing your team to appropriate resources and training tools so they can use the software effectively and confidently.

Business Organization & Growth

Business Formation Management Advisory

Success in business is a combination of hard work, wise decisions, timing, and opportunity. Trager, Kevy & Trager can help you gain a better understanding of your financial situation.

Our team will create a customized accounting system that provides timely access to vital financial information, as well as year-end reports to support planning, compliance, and informed decision-making.

Mergers & Acquisitions

Strategic Analysis: Evaluating whether a merger or acquisition aligns with your business’s vision and objectives.
Risk Assessment: Identifying and assessing potential challenges to help you navigate the transaction with confidence.
Benefit Realization: Helping ensure the transaction creates value for your stakeholders.
Due Diligence: Conducting a thorough review and analysis to support an informed and cohesive transaction.
Post-Merger Integration: Developing strategies for a smooth integration, from operational functions to organizational culture.

Forecasting

For a business to be successful, accurate cash flow and projection analysis is essential. The team at Trager, Kevy & Trager works closely with clients to review financial statements, data, and financial reports in order to create accurate forecasts.

Your future is in the data – use what you have to help get where you’re going.

Transition Planning

Transition, whether through business succession, ownership change, or structural evolution, marks a critical and inevitable phase in an organization’s life cycle. Planning for these changes is essential to ensure continuity, protect your legacy, and maximize value.

Our team works closely with your stakeholders to develop transition strategies tailored to the unique dynamics of your business.

Succession Planning: Ensuring smooth leadership transitions that uphold the company’s mission, vision, and values for the future.
Ownership Transfer Advisory: Providing insight and guidance on the financial, operational, and legal considerations associated with ownership changes.
Operational Transition Guidance: Advising on best practices to support seamless shifts in company structure, operations, or strategy with minimal disruption.

Financial Crisis Planning

Unforeseen challenges can arise at any time, and the ability to respond quickly and strategically can make the difference between resilience and lasting financial strain. A strong crisis management plan is not only about reducing risk, but also about guiding the organization through recovery and positioning it for future stability. Our team helps businesses anticipate, respond to, and recover from financial challenges with clarity, agility, and foresight.

Crisis Anticipation & Preparedness: Identifying potential vulnerabilities and developing proactive strategies to reduce impact and support a faster recovery.
Response Coordination: Assisting with real-time decision-making, cash flow considerations, and communication strategies during a crisis to promote clarity and decisive action.
Post-Crisis Analysis & Recovery: Reviewing the response, identifying lessons learned, and refining strategies to strengthen future resilience.