Business Details
27 Years
experience
Expert Accounting Services in Commack, NY
At Orest P. Baransky CPA PC, we are a full-service accounting firm dedicated to providing personalized and thorough financial solutions for individuals and businesses. Our team combines large-firm expertise with the personalized attention of a small practice, prioritizing long-term client relationships and proactive financial guidance. With decades of experience, we specialize in tax planning, business consulting, estate planning, and financial statement preparation, staying ahead of evolving regulations to maximize client benefits. Our commitment to ethical standards, continuous education, and client-centric service positions us as trusted advisors in the Commack, NY community and beyond. 
Services
Tax Planning
Estate Planning
Business Consulting
Financial Statements
QuickBooks Support
Details
- Year established: 1999
Highlights and features
- We offer decades of experience in tax law and financial planning.
- Our team provides personalized service tailored to individual client needs.
- We maintain rigorous ethical standards and continuous professional education.
- Our proactive approach identifies financial opportunities clients often overlook.
- We specialize in minimizing tax liabilities through strategic planning.
Associations and certifications
- American Institute of Certified Public Accountants
- New York State Society of Certified Public Accountants
Services
Tax Planning
We provide comprehensive tax planning and preparation for individuals and businesses, ensuring compliance with evolving tax laws while maximizing savings. Our expertise includes S Corp., C Corp., LLC structuring, and utilization of tax credits like the New York State Investment Tax Credit. Clients benefit from strategic advice on Roth IRAs, education savings plans, and capital gains optimization.
Estate Planning
Our estate planning services focus on minimizing tax liabilities through coordinated strategies for wills, trusts, and asset distribution. We serve as your estate planning team coordinator, addressing complexities arising from home values, life insurance, and business interests. Solutions are tailored to ensure legacy preservation and efficient transfer of wealth.
Business Consulting
We offer strategic guidance for business formation, mergers, acquisitions, and operational efficiency. Services include organizational structure analysis, cash flow management, and financing assistance through local financial institutions. Our consultants help clients implement QuickBooks systems and prepare audited financial statements to support growth objectives.
Financial Statements
We prepare audited, reviewed, and compiled financial statements meeting regulatory requirements for businesses. Our services support loan applications, investor reporting, and compliance with federal/state agencies. We also design customized accounting systems and ensure accurate payroll reporting for small to mid-sized companies.
QuickBooks Support
Our firm provides training and implementation support for QuickBooks software to improve business efficiency. We help clients optimize accounting processes, troubleshoot system issues, and leverage software features for better financial management. This service is integrated with our broader accounting and consulting offerings.
People
Orest P. Baransky
CPA, CFP
With over 40 years of experience, Orest specializes in tax planning and business consulting for small/medium enterprises. He holds expertise in construction, healthcare, and technology sectors, and maintains active memberships in AICPA and NYSSCPA. Lectures on corporate taxation and serves on industry committees.
Questions
How do you bill for your services?
We bill monthly and require payment upon receipt. All standard forms of payment, including credit cards, are accepted.
What are your business hours?
Normal business hours are 8:30 AM to 5:30 PM, Monday through Friday. Evening or weekend consultations can be arranged.
What role do you play during an IRS audit?
We provide one free hour of consultation to review the return in question. Regular fees apply for additional audit support.
What materials do you need for tax preparation?
We prefer computer accounting files but accept various formats. Clients should provide all relevant financial documents for accurate processing.
