Industries

Construction

JM CPA LLP providesinnovative tax, accounting, auditing, risk management and advisory services to helpclients stay ahead of the “curve” to meet and achieve their goals.
Our experienced professionals understand how the industry operates and what makes it unique.  This blend of seasoned knowledge and experience allows JM CPA LLP to provide advice that helps our clients stay competitive in an increasingly complex marketplace.  JM CPA LLP has developed a thorough understanding of the highly competitive and demanding concerns of project management, state and local regulations, bonding and surety relationships, tax compliance, job cost estimation and percentage-of-completion accounting.

JM CPA LLP offers tax services that can be tailor-made for your individual companies.  Using our knowledge of the industry, construction law and years of construction experience, we work hand-in-hand with our clients, often acting as their most trusted financial and tax advisor.  We can help you take advantage of often-overlooked tax savings opportunities available, and minimize taxes without impacting the working capital required for bonding.  We also provide timely and accurate audits, reviews and compilations and we are available to discuss your financial statements.

In addition to our basic accounting and tax services, we provide companies of all sizes with a broad range of services and address improved operational efficiency and bottom-line results: Job Cost Control, Bid Formulation and Estimating Controls, Bonding, Insurance and Licensing, Project and Sales Strategy, Financial and Strategic Planning, Multi-State Operating Issues, On-Time and Overrun Performance, Executive Searches, Business Continuation, Executive Compensation and Succession Planning, Payroll Reporting, Business Valuations and Litigation Services and Internal Control Evaluations.

Lastly, JM CPA LLP’s construction experts can assist in compliance issues due to contractors being subject to fiscal monitors and Federal Acquisition Regulations because of the number of jobs financed by Federal and municipal funds.

Financial Services

JM CPA LLP provides its services to corporations, including private equity funds and hedge funds.  We provide clear insights and practical solutions, helping our clients navigate the complexities of today’s business landscape.
Financial services firms operate in complex, heavily regulated and rapidly evolving environments dependent upon precise information, confident decisions and trust.  Our professionals have decades of experience and expertise in the intricacies of the regulatory and tax environment, the valuation of complex financial instruments and the challenges of maintaining strong accounting and investment controls.
Our focus has always been to build long-term relationships and with our business and professional experience, we assist our clients in creating value-added business solutions.

Healthcare

JM CPA LLP is at the forefront of many of the significant changes in healthcare and have guided our clients through complex issues of managed care, government regulations and intervention and the business of medicine.  JM CPA LLP professionals understand that the financial success of a practice is no longer solely dependant upon the skills of the medical professional.  Our attention to clients’ practices has allowed us to rack revenue, improve cash flow and enhance profitability.  We appreciate the value of our client’s time.  By making client business our primary concern, we provide healthcare professionals with more time to focus on their patients and increase their own quality of life.

Our services are designed to simplify the process by providing comprehensive accounting, tax, advisory and financial management services.

  • Accounting and Auditing
    • Preparation of financial statements (compilation, review and audit)
    • Attest Services
    • Assistance in Financing
    • Budgeting
    • Fiduciary Accounting
    • Forecasts & Projections
    • Forensic Accounting
    • Litigation Support
    • Fraud Investigation
  • Business Valuations
  • Estate Planning
  • Mergers and Acquisitions
  • Outsourcing
  • Tax Planning, Representation & Return Preparation
    • Research and consultation on tax aspects of proposed transactions (including securing rulings from the Internal Revenue Service)
    • Special studies in areas such as changes in accounting methods
    • Identification of planning opportunities
    • Monitoring of continuing tax exposure areas

We have worked with clients in the following practice areas:

  • Doctors
  • Medical Practices
  • Dental and Oral Health Practices
  • Physician Groups
  • Optometrists
  • Home Health Care
  • Physical Therapists
  • Mental Health Care

Manufacturing & Distribution

Across all sectors, manufacturing and distribution organizations share the common need to drive revenue growth, control costs, and manage existing assets as efficiently and effectively as possible.

JM CPA LLP and its professionals help manufacturing and distribution companies assess their processes, people, technology and infrastructure to increase profitability.  In addition, to providing accounting, auditing and tax services, JM CPA LLP also offers suggestions for improving efficiencies, increasing revenue, reducing costs and operating your business more profitably.  Our services routinely include ready–to-implement recommendations, along with the knowledge that we will be there to help you follow through successfully.

JM CPA LLP has the right team with the right experience to help companies navigate this complex environment.

Media & Entertainment

JM CPA LLP’s Media & Entertainment Services Group team offers a full range of accounting, tax and management advisory services to both corporate clients and individuals, spanning the fields of, music, fashion, , advertising, marketing, and public relations.
The increased complexity of the evolving industry calls for a business partner who understands these challenges and can help turn them into business advantages. We are able to provide far more than just accounting and tax advice and work closely with clients to help them take full advantage of market opportunities through close involvement with their planning and business structuring needs.
Our breadth of experience ensures that our clients are provided with professionals who understand the industry in which you operate.

JM CPA LLP offers a full range of services:

  • Accounting for Complex Transactions
  • Agrees Upon Procedures
  • Back office accounting services
  • Due Diligence
  • Film Cost Amortization
  • Financial Projections and Forecasts
  • Forensic Accounting
  • Internal Audits & Controls
  • Expert Witness and Litigation Support
  • Management Advisory Services
  • Mergers & Acquisitions
  • Royalty and Participation Audits
  • Strategic Planning
  • Tax Compliance & Planning
  • Tax Incentives

Not-For-Profit

JM CPA LLP is dedicated to serving a broad range of not-for-profit organizations trade and professional associations, religious organizations, social and human service organizations and health care organizations.  In addition to offering audit and tax services, we help not-for-profit organizations improve their business operations, and develop strategic plans. We also provide business advisory services for mergers and alliances, compensation and benefits planning for executives, and governance consulting for boards of directors.

Private Equity

JM CPA LLP provides its services to financial institutions including private equity funds and hedge funds.  These services are provided both domestically and internationally.  Our diversified industry experience and our integration of accounting, tax, consulting and time tested transaction experience make us well qualified to assist in closing transactions.

We have a highly motivated team of trained professionals who respond to the investing, lending criteria, due diligence and monitoring requirements of our clients.  Our approach is unique and our partners are totally involved with each and every transaction from start to finish.
Our Services include certain key areas of focus:

  • Audit, Review & Compilation
  • Tax Services
  • Systems analysis and evaluation of internal accounting systems
  • Initial due diligence and continuous monitoring of portfolio companies
  • Mergers and acquisitions encompassing the purchase or sell side of a transaction
  • Transaction structure advice, transition and post transaction consulting
  • Analysis of management forecasts and cash flows and working capital needs
  • Forensic accounting
  • Crisis restructuring and workout engagements
  • Litigation support
  • Alternative solutions to transactions
  • Assessment of company’s quality of earnings
  • Review of the current filings and tax reporting requirements, both domestic and  internationally, to assess tax risks and opportunities
  • Assistance in tax structuring
  • Technology due diligence

Real Estate

Our real estate clients include commercial building owners, operators and developers, apartment building operators, building maintenance service companies, co-op and condominium boards, and Common Interest Realty Associations (CIRA).   We have particular expertise in the analysis of lease escalation and labor/electrical escalations and in real estate reduction analysis (certiorari). Our efforts in these areas have resulted in our clients receiving significant savings.
Our services for the commercial real estate industry include the preparation of financial statements, tax planning and projections, analysis and assistance in negotiating purchases and development of properties, as well as refinancing.

Our work for cooperatives and condominiums includes reviewing managing agent statements and invoices, preparation of financial statements, certiorari reports and tax returns. We also compare vendor pricing to ascertain that entities are receiving the best value.

Your company’s real estate holdings are a big capital investment. JM CPA LLP’s engineering-based cost segregation studies help accelerate income tax depreciation deductions, generating significant cash-flow savings from your property.

Real estate cost segregation generates cash tax savings by identifying shorter-lived assets qualifying for 5-, 7- or 15-year write-off periods. These costs are typically imbedded in a building’s construction or acquisition costs and depreciated over 39 years.

JM CPA LLP can mine these buried tax savings from:

  • New buildings presently under construction
  • Existing buildings undergoing renovation, remodeling, restoration or expansion
  • Purchases of existing properties
  • Office/facility leasehold improvements and “fit-outs”
  • Post-1986 real estate construction, building acquisition or improvements where no cost segregation study was performed (even though the statute of limitations previously closed on the property construction/acquisition year).