Business Details
Your Trusted Tax Advisory Partner in Port Jefferson Station
Soloway Advisory has been delivering expert tax and accounting services for over 55 years, combining deep industry knowledge with personalized solutions. Our team of seasoned professionals specializes in tax planning, compliance, and business advisory, serving individuals and small businesses with precision and care. We prioritize client relationships, offering tailored strategies to minimize tax burdens and maximize financial efficiency.With a legacy of trust and a commitment to staying ahead of regulatory changes, we empower clients across diverse industries including real estate, contracting, and retail. Our proven three-step advisory process ensures ongoing support, adapting to evolving business needs while maintaining the highest standards of accuracy and confidentiality.
Services
Tax Returns
Business Advisory
Accounting
Payroll Services
Sales Tax Services
Highlights and features
- We offer 55+ years of combined tax advisory expertise
- Our team provides personalized, one-on-one business coaching
- Specialized knowledge in tax-efficient strategies for contractors and real estate professionals
- We implement proven three-step advisory processes for measurable results
- Our services include seamless integration with major payroll platforms
Services
Tax Returns
We prepare comprehensive federal, state, and local tax returns for individuals and small businesses. Our experts ensure compliance while identifying deductions to minimize liabilities. With specialized knowledge across industries, we handle complex tax scenarios while maintaining meticulous accuracy.
Business Advisory
Our customized advisory program includes entity structure planning, cash flow analysis, and wage strategy development. We provide ongoing coaching to optimize tax efficiency and support business growth through strategic documentation and implementation.
Accounting
We offer QuickBooks-based accounting solutions including quarterly reconciliations and full-service data entry. Our systems ensure accurate financial tracking and reporting, helping businesses maintain organized records for better decision-making and tax preparation.
Payroll Services
We manage payroll tax reporting, W-2/W-3 preparation, and EFTPS deposits. Our integration with major payroll platforms ensures seamless processing while maintaining compliance with federal and state regulations for businesses of all sizes.
Sales Tax Services
We prepare sales tax returns for annual, quarterly, or monthly filings using POS systems like Shopify and Square. Our expertise reduces compliance burdens by accurately calculating liabilities and meeting filing deadlines across jurisdictions.
People
David Soloway
President
Third-generation tax professional leading Soloway Advisory's strategic direction. Specializes in business entity structuring and tax-efficient planning for entrepreneurs.
Denise E. Chiarella
Tax Advisor / Office Manager
Experienced tax advisor managing day-to-day operations. Focuses on individual tax planning and client service excellence with 20+ years of accounting expertise.
Diane Wolper
Tax Advisor
Certified tax expert specializing in small business compliance. Provides strategic guidance on tax-saving opportunities and regulatory requirements for diverse industry clients.
Barbara Mastroddi
Tax Advisor
Seasoned professional with specialization in real estate tax strategies. Helps clients optimize deductions and maintain compliance with property-related tax regulations.
Barry Soloway
Founder
Established Soloway Advisory over 55 years ago. Pioneered the firm's three-step advisory process that continues guiding business clients toward financial success.
Questions
What is the BOI filing requirement and how does it affect my business?
The Beneficial Ownership Information reporting under the Corporate Transparency Act requires businesses to disclose ownership details to FinCEN, with deadlines starting March 2025.
Do you offer specialized tax services for specific industries?
Yes, we provide tailored solutions for contractors, real estate professionals, freelancers, and retail businesses with industry-specific tax strategies and compliance expertise.
How does your business advisory program work?
Our three-phase program includes strategy sessions, implementation of tax-efficient tools, and regular reviews to adapt to your business's evolving needs and goals.
Can you help with QuickBooks accounting setup?
We provide customized QuickBooks solutions including system design, data entry, and quarterly reconciliations to ensure accurate financial management for your business.
What payroll services do you offer?
We handle payroll tax reporting, W-2/W-3 processing, and integrate with platforms like ADP and Paychex to ensure compliance with federal and state requirements.
