Personalized service, measurable improvements, real results

Shechter & Associates, LLP delivers expert accounting support tailored to the unique demands of diverse industries. We provide the strategy and financial insight our clients need to achieve operational efficiency and drive long-term success.

At Shechter & Associates, we take the time to understand your company’s vision and evolving needs. Our commitment goes beyond traditional compliance, we partner with you to develop strategic financial plans that align with both your immediate goals and long-range business objectives.

Our Core Accounting Services Include

• General Ledger & Financial Statement Preparation
  Recording and managing all business financial transactions with precision.
  
• Financial Recordkeeping
  Maintaining complete and accurate financial records to support business decisions and audit readiness.
  
• Organized Filing Systems
  Ensuring efficient document management and secure storage of all accounting data.
• Variance Analysis
  Identifying and reporting material budget variances to support proactive financial management.
  
• Fixed Asset Management
  Maintaining depreciation schedules and ensuring accurate asset tracking.
• Sales Tax Compliance
  Managing state and local sales tax filings and ensuring ongoing regulatory compliance.
• Bank Reconciliation
  Verifying the accuracy of financial books through systematic bank statement reconciliations.
• Management Reporting
  Communicating key financial insights to executive leadership to support strategic decision-making.
  
• Audit & Financing Support
  Supplying detailed financial data and documentation to auditors and lending institutions.
• Regulatory Compliance
  Navigating federal, state, and local financial reporting requirements with confidence.

At Shechter & Associates, LLP, we do more than prepare your business tax returns—we build enduring partnerships that align with your long-term objectives. Our team of experienced tax professionals delivers strategic, year-round guidance to help you navigate the ever-changing landscape of federal, state, and local tax regulations with confidence and precision.

We recognize that tax compliance is just one piece of the puzzle. Our proactive approach is designed to identify opportunities, reduce risk, and support the financial health and scalability of your business.

Our Business Tax Services Include

Federal, State, and Local Income Tax Return Preparation for all entity types:

1. Sole Proprietorships
2. Corporations
3. S Corporations

Entity Formation and Compliance Support, including:

1. Employer Identification Number (EIN) Applications
2. Registered Agent Services
3. Annual Report Filing & State Compliance
4. Small Business Elections (e.g., S-Corp Elections)
5. Business Entity Structure Planning

Strategic Tax Advisory Services

1. Guidance on Federal, State, and Local Tax Incentives & Credits
2. Identification and Management of Emerging Compliance Obligations
3. Penalty Abatement & Resolution Support

At Shechter & Associates, our mission is to deliver clarity and confidence through every stage of your business journey. Whether you’re launching, scaling, or restructuring, we offer actionable insights and tailored strategies to minimize tax exposure and position your business for sustained success.

At Shechter & Associates, LLP, we do more than prepare your individual tax return, we build lasting relationships grounded in trust, strategy, and a deep understanding of your financial goals. Our team is committed to providing high-touch, year-round tax support that adapts as your life evolves.

We combine technical proficiency with a personal approach to help you navigate the complexities of federal, state, and local tax laws. Whether you’re planning for retirement, managing a significant life change, or responding to a notice from the IRS, we’re here to guide you every step of the way.

Our Individual Tax Services Include

Preparation of Federal, State, and Local Income Tax Returns

Individual Tax Planning for wealth preservation and future financial goals

Estate and Gift Tax Planning & Compliance

Second Opinions and Review of Previously Filed Tax Returns

IRS Audit Representation and examination support

Resolution of Tax Notices and Correspondence at the Federal, State, and Local Levels

IRS Payment Plan Negotiations and Installment Agreement Support

Monitoring and Managing New Compliance Requirements

Assistance with Penalty Abatement Requests and Relief Opportunities

At At Shechter & Associates, we approach individual taxation with discretion, diligence, and a forward-thinking mindset. Our goal is to give you clarity, peace of mind, and a clear path to financial well-being.

Navigating the complexities of international tax law requires specialized expertise and a proactive approach. At Shechter & Associates, LLP, we provide tailored solutions to address the intricate and ever-evolving tax and reporting obligations faced by globally mobile individuals and cross-border businesses.

Our team leverages deep experience in U.S. and foreign tax compliance to help clients minimize risk, maintain global compliance, and take advantage of strategic tax planning opportunities. Whether you’re a U.S. citizen living abroad, an international investor, or a non-resident with U.S. tax obligations, we offer practical guidance backed by technical excellence.

Our International & Foreign Tax Services Include

U.S. Tax Compliance for Citizens Living and Working Abroad, including foreign earned income exclusions and foreign tax credit optimization

Cross-Border Tax Advisory for U.S. citizens investing in foreign entities or holding international assets

Tax Filing Assistance for Non-Resident Aliens with U.S. source income or other U.S. filing obligations

FIRPTA Compliance Support – Guidance and filing under the Foreign Investment in Real Property Tax Act (FIRPTA)

ITIN (Individual Taxpayer Identification Number) Application and Support

Inbound and Outbound Tax Planning & Reporting, including treaty analysis and structuring of international transactions

At Shechter & Associates, we understand the nuances of cross-border taxation. Our goal is to help you remain compliant while optimizing your global tax position—no matter where life or business takes you.

At Shechter & Associates, LLP, we understand the unique financial and regulatory landscape that tax-exempt organizations navigate. Our dedicated professionals provide specialized support to help non-profit entities maintain their tax-exempt status, fulfill ongoing compliance obligations, and focus on furthering their mission.

We partner with charitable organizations, private foundations, religious institutions, and other exempt entities to ensure transparency, accountability, and adherence to complex federal and state requirements. With a proactive, relationship-driven approach, we equip our clients with the knowledge and tools to remain compliant and informed.

Our Non-Profit Tax Services Include

Preparation and Filing of IRS Form 1023 / 1024 Applications for recognition of tax-exempt status under IRC Section 501(c)

Federal and State Exempt Organization Tax Return Preparation including Form 990, 990-EZ, and applicable state filings

Ongoing Advisory on Regulatory Developments, including changes in IRS guidance or state laws that may impact tax-exempt status or reporting

Governance & Operational Consulting to support best practices in compliance, stewardship, and public accountability

At Shechter & Associates, our mission is to deliver clarity and confidence through every stage of your business journey. Whether you’re launching, scaling, or restructuring, we offer actionable insights and tailored strategies to minimize tax exposure and position your business for sustained success.

Shechter & Associates, LLP delivers accurate, timely, and fully compliant payroll services designed to alleviate administrative burden and reduce risk. We understand that payroll is not just about cutting checks, it’s about protecting your business, staying compliant with evolving regulations, and empowering your workforce with dependable systems.

Our team provides scalable payroll support tailored to businesses of all sizes, allowing you to focus on strategic growth while we handle the complexities of payroll processing, tax reporting, and compliance with confidence and precision.

Our Payroll Services Include

Accurate Calculation and Withholding of Federal, State, and Local Payroll Taxes

• Benefits Plan Integration, including retirement contributions, healthcare, and other fringe benefits.
• Payroll Reporting and Recordkeeping, providing detailed reports for employers and employees while maintaining secure documentation.
• Regulatory Compliance Assurance, ensuring full adherence to federal, state, and local labor and tax regulations.
• Ongoing Support and Advisory, including updates on payroll law changes and assistance with payroll-related inquiries or audits

Whether you’re managing a growing team or a large workforce, Shechter & Associates offers payroll solutions that simplify your operations, ensure legal compliance, and support long-term business efficiency

At Shechter & Associates, LLP, we believe effective tax planning is not a once-a-year activity, it’s a proactive, year-round strategy. By staying ahead of legislative changes and emerging opportunities, we help individuals and businesses implement forward-looking tax strategies that maximize savings, minimize risk, and support long-term financial goals.

Our experienced advisors collaborate closely with clients to craft personalized tax plans tailored to their specific needs, life events, and business objectives. Whether you’re building wealth, scaling a business, or preparing for generational transitions, we provide the clarity and insight you need to make confident, tax-efficient decisions.

Our Tax Planning Expertise Includes

• College Funding Strategies – Optimize education expenses and tax benefits through timing and choice of savings vehicles.
• Cost Segregation Studies- Accelerate depreciation on commercial real estate to increase near-term cash flow.
• Research & Development (R&D) Tax Credits- Identify qualifying activities and claim credits to support innovation.
• Child Tax Credits & Family-Based Incentives- Maximize eligibility for federal and state tax benefits.
• Beneficial Ownership Information (BOI) Reporting- Ensure compliance with new federal disclosure rules.
• Trust & Estate Planning- Structure intergenerational wealth transfers with an emphasis on tax efficiency.
• Home Office Deductions- Verifyi Properly substantiate and optimize remote work-related expenses.
• Tax-Advantaged Retirement Plan Implementation- Design and integrate retirement vehicles such as SEP IRAs, 401(k)s, and defined benefit plans.
• Qualified Business Income (QBI) Deduction Strategies- Maximize Section 199A benefits for eligible businesses and pass-through entities.
• Identification of Additional Credits & Incentives- Uncover lesser-known tax-saving opportunities applicable to your unique situation

Timing is everything in tax planning. Our approach ensures you’re prepared for what’s ahead—whether that means capturing time-sensitive deductions, meeting new compliance requirements, or aligning your strategy with life’s milestones.|