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

How to Prepare Financially if You’re Caring for Aging Parents
November 19, 2025

Caring for aging parents is one of those life chapters that arrives quietly, then suddenly becomes all-consuming.

Navigating Financial Decisions After Divorce Beyond Just Tax Filing
November 11, 2025

Divorce changes more than your relationship status. It reshapes your entire financial life—how you earn, spend, save, and plan for the future.

What Small Business Owners Should Know About Succession Planning and Taxes
November 3, 2025

Passing on a business is one of the biggest financial moves a small business owner will ever make. It’s also one of the most overlooked.

Should You Take Early Retirement? Pros and Cons
October 25, 2025

The thought of early retirement is very alluring, especially when retirement is so close you can easily envision it. But early retirement is not unlike the Song of the Sirens.

16 Smart Money Moves to Take Before the End of the Year
October 17, 2025

The end of the year is a natural checkpoint for both individuals and small business owners.

 

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