Business Details
Trusted Accounting & Tax Services in Woodside, NY
K P Accounting is a certified public accounting firm dedicated to providing comprehensive accounting, tax, and financial services to individuals and small businesses. Our expertise spans tax return preparation, strategic tax planning, bookkeeping, payroll services, and financial statement preparation. We utilize state-of-the-art accounting software to deliver accurate, efficient solutions tailored to each client's unique needs. With decades of combined experience, our team stays at the forefront of evolving tax laws and accounting standards through continuous professional education.We prioritize personalized service, offering free consultations and practical solutions that align with both business and personal financial goals. Our commitment to transparency, affordability, and client success has established us as trusted advisors in the Woodside, NY community.
Services
Bookkeeping
Tax Preparation
Payroll Services
Financial Statements
Business Valuations
Tax Planning
Financial Planning
Highlights and features
- We adapt your tax plan as your business evolves, not just at year-end
- Our team stays ahead of tax law changes to minimize liabilities
- Specialize in multi-dimensional business valuations for sales or insurance
- Offer free initial consultations with experienced tax professionals
- Combine big-firm expertise with personalized, affordable service
Services
Bookkeeping
Timely, efficient bookkeeping services for businesses of all sizes. We maintain computerized accounts with quarterly, monthly, or annual reporting options. Our team supports major accounting platforms like QuickBooks and Peachtree while providing budgeting and forecasting assistance to help businesses make informed financial decisions.
Tax Preparation
Comprehensive tax return preparation for individuals and businesses. We handle C corporations, S Corps, LLCs, partnerships, and sole proprietors. Our expertise in federal and state tax regulations ensures accurate filings that minimize tax liabilities while maintaining full compliance with current tax code requirements.
Payroll Services
Complete payroll management solutions for small businesses. Services include record maintenance, time card processing, tax withholding calculations, federal and state tax filings, check issuance, and W-2/1099 form preparation. Our system ensures timely, accurate payroll processing that meets all regulatory requirements.
Business Valuations
Multi-dimensional business valuation services for purchase/sale transactions, buy-sell agreements, and insurance purposes. We analyze financial metrics, market position, and growth potential to determine accurate business valuations that support informed decision-making for owners and stakeholders.
Tax Planning
Proactive tax planning and forecasting services for individuals and businesses. We develop long-term tax strategies while providing annual forecasting and mid-year adjustments. Our approach minimizes liabilities through strategic planning that aligns with both current regulations and future financial objectives.
People
Krishna Parameswar
Certified Public Accountant
Krishna Parameswar is a licensed CPA with decades of experience in accounting and tax services. He specializes in small business accounting, strategic tax planning, and financial statement preparation. His expertise spans multiple industries, providing clients with practical solutions that combine regulatory compliance with financial optimization.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, financial statement preparation, payroll processing, and business tax return services tailored to small businesses' specific needs.
Do you offer tax planning services or just tax filing?
We offer both tax planning and filing services, including year-round tax strategy development to minimize liabilities for individuals and businesses.
Can you help with business valuations for sales or mergers?
Yes, we specialize in multi-dimensional business valuations for purchase/sale transactions, buy-sell agreements, and insurance purposes.
What areas do you serve?
We primarily serve Woodside, NY and surrounding New York City areas, with clients throughout the state.
Do you offer free consultations?
Yes, we provide free initial consultations to discuss your accounting, tax, or financial planning needs.
What accounting software do you support?
We work with major platforms including QuickBooks and Peachtree for bookkeeping and financial management needs.
