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Advanced Accounting Practice

Long Island City, NY

Get a free quote from this professional

Get a free quote from this professional


Whether you are a start-up business, a growing business, mature corporation or planning to establish a new business,
AAP has the expertise to help you establishing your business and fulfilling your Accounting and Taxation needs.
AAP is a one stop accounting firm that handles your financials from A to Z!

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AAP Advanced Accounting Practice
Your one stop accounting firm,
that handles your financials from A to Z!!


Owning and operating your own business is a dream for many aspiring entrepreneurs, but the reality of running a business can quickly squash the initial thrill. AAP will provide you with an initial business plan that will provide you with an approach to marketing, financial planning, and management. One of the most important decisions you make when starting a new business is the choice of entity. Selecting the right entity can provide you the best protection and tax benefits. Whether you are starting your first business or one of many, Long Island City based AAP is ready to help you set up your company and stay compliant from day one.

If your books aren’t up to date, our AAP team works quickly to clean up your accounting records and bring your financials up to date, giving you peace of mind and helping you make smart decisions based on real numbers.
Catch up services include a reconciliation of records:
• Bank accounts & credit cards
• Accounts receivables and payable
• Payroll records
• Entering missing data and reverse incorrect entries

Let AAP do your monthly bookkeeping at a fraction of the cost of a full-time employee. Our talented team is experienced with all the major accounting software programs. We perform vital accounting functions, such as accounts payable/receivable, payroll, general ledger accounting, bank reconciliations, financial statement preparation, and financial analysis.

Managing payroll may not seem like a critical task until something goes wrong. It can be time-consuming, but, more importantly, it requires a good knowledge of the tax laws and deposit rules. At AAP, our NY payroll services are designed to provide you with a comprehensive solution for managing your payroll duties.
Here are the payroll services that we offer:
• Checks or Direct Deposit for Your Employees
• Federal Tax Liabilities
• State & Local Tax Liabilities
• Unemployment Tax Liabilities
• Quarterly Tax Forms
• Year-End Tax Forms
• Customized Payroll Reports
• Tax Deposit Services
• W-2s and 1099s

AAP is here to help you resolve your tax problems and put an end to the misery that the finance and tax authorities can put you through. We pride ourselves on being very efficient, affordable, and, of course, extremely discrete.
We can help you with the following IRS tax problems:
• Wage Garnishment
• Bank Levy
• Threatening Letters
• IRS Audit Notification
• Non-Filing
• Liens
• Offers-in-Compromise
• Innocent Spouse

Preparing your own tax return can be extremely difficult with today's complex tax code and may often leave you with more questions than answers. Even if you are just filing a simple return, the rules may change from year to year and it is easy to overlook these changes and submit an incorrect return. By doing your taxes yourself, you may also end up overlooking deductions and credits. At AAP we have the expertise that is needed to help you file your returns while also helping you to minimize your tax liability with careful planning.
Our tax preparation services include:
• Individual Tax Return Preparation
• Foreign Individual Tax Return Preparation.
• Business Tax Return Preparation
• Partnership & Corporate Tax Return Preparation
• Out-of-State Returns
• Business Start-Ups