Meet Your New Partners in Making Your Business Succeed.

 
 

Our Services

We build strategies, systems, and structures to help clients maintain accurate records, meet current financial obligations, comply with tax reporting requirements, plan for the future, and maximize wealth accumulation.

Small Business Accounting

Bookkeeping • Bank Reconciliation • Financial Statement Preparation • Individual Consultation

Payroll

Payroll Processing • Vacation, Sick, and Personal Day Accruals • Tax Reporting and EFTPS Deposits • W2, W-3, and 1099 Preparation • Ad Hoc Services

Tax

Tax Preparation • Tax Planning • IRS Audit Representation • Tax Problems

QuickBooks

QuickBooks Set-up • QuickBooks Training • QuickBooks Tune-up • QuickBooks Answers •

Advisory

New Business formation • Business Valuation • Internal Controls • Audits, Reviews, and Compilations

Non-profit

Tracking Systems • Payroll • Financial Statements • 990 and 990T Prep • File Tax-exempt

Personal Financial Planning

Retirement Planning • College Planning • Estate Planning • Insurance Assessment • Investment Planning

Virtual CFO

Business Planning • Financial Management • Risk Management

Recent Posts

Running a Successful E-Commerce Business
March 27, 2025

With the ways things are going with the economy, more people are looking to be their own boss with an e-commerce business.

Should You Fund a Startup With Friends and Family?
March 19, 2025

Online funding management systems have made it popular and convenient for entrepreneurs to ask for and collect startup funds from family and friends.

9 Ways to Fund Your Child’s College Education
March 11, 2025

Paying for college is one of the biggest financial challenges families face.

Spring Cleaning Tips For Your Financial Records
March 2, 2025

Spring cleaning isn’t just for your home—it’s also a great opportunity to tidy up your financial records.

When to Review Life Insurance Needs
February 26, 2025

Life insurance is a critical component of financial planning, providing a safety net for loved ones in case of an unexpected loss.

 

About Us

Our relationships with clients extend beyond financial recordkeeping and reporting. We understand the dynamics that affect their personal and professional lives. We listen to their goals and dreams. We work collaboratively to develop plans that transform ambitions into reality.

James P. Phelan, CPA PC

jpaccounting@jphelancpa.com

Industries Served

Associations • Attorneys • Consultants • Contractors • Dealerships • Dentists • eCommerce • Landlords • Physicians • Retail Stores • Restaurants • Schools • Social Service Agencies

  • Jim Phelan was an absolute pleasure to work with: professional, courteous, and friendly.

    -- Martha H.

  • Jim Phelan patiently and fully answered all of our questions, and had a some specific recommendations for us that would increase our tax refund for next year. He is professional, friendly, and keeps everything simple.

    -- David K.

  • Jim Phelan is competent, approachable, efficient, and delightfully personable. He always makes time to address my questions in a very timely manner.

    -- Dianne W.

Let's Start Talking

Let's discuss your situation so that we may understand your objectives and determine whether we have the ability to provide service and value.

Call (631) 446-1800

Tax Season Business Hours:

Monday through Thursday 9am-4:30pm
Friday 9am-2pm
Saturday 9am-3pm