Broker Check

175 Highland Avenue
Suite 301
Needham, MA 02494

Martin S. Kofman, CPA

(781) 726-7575

 

Services

8 Wealth Management Issues

We have found that there are 8 Wealth Management Issues that impact our clients and their families. Each acts like a balancing scale-as you adjust one issue, it affects the others. Through financial planning, we help you assess economic needs, set goals and strengthen your financial future.

The BIG VALUE of all 8 of these issues have tax consequences.  Working with us will help you understand all of the consequences and plan accordingly.

Investment Management

Let us help you understand and manage three risks you face as an investor:

  • Improper allocation (not having money invested in the right pieces of the pie)
  • Regular rebalancing to ensure proper allocation
  • Over concentration ( owning too much of the same thing)

 

Family Risk Management (Insurance planning)

Cash Flow & Debt Management

Retirement Planning

Education Planning

Business Planning

Legacy Planning

Special Planning (navigation through life’s surprises)

Tax Services

Our firm offers professional preparation of all federal, state, and local tax returns at competitive, affordable rates. We continuously monitor federal, state, and local tax law changes to allow its clients to minimize current and future tax liabilities. If necessary, we can implement tailor-made due-date tax compliance monitoring systems to prevent costly interest and penalty assessments attributable to late filing. Of course, we offer full tax preparation and filing services.

Individual Taxes

We specialize in preparing your taxes quickly and painlessly, and will ensure you receive all the deductions you are entitled to. We are always available to help you with your tax planning needs to help you lower your taxes and avoid surprises during the tax season. In order to speed your refund, we can file your return electronically to the IRS and state tax boards.

Corporate Taxes

Careful tax planning is the most essential step in preparing our clients’ income taxes, and by minimizing taxes we strive to improve our clients' profitability. Whether you are a large firm or small, established or start-up, we will find the best possible strategies for reducing your tax liability within the limits of the law.

Estate, Gift And Trust Tax Return Preparation

Our firm provides expert preparation of federal and state estate, gift, and trust tax returns. We endeavor at all times to protect your heirs from the unneeded emotional devastation that can be caused by estate tax levies. We are also available to advise you in your estate planning needs, including business succession plans and gifting strategies.

International Taxation

The intricate laws of differing international tax jurisdictions have the potential for many pitfalls including double taxation. Our international tax services can help you understand how foreign tax laws can affect your taxes.

Payroll Services

Our firm offers a highly personalized, professional payroll service specifically designed for your business. Over the years we have strived to offer our clients the highest quality professional services with the utmost personal care. You will find the same level of unsurpassed commitment from us in satisfying your payroll needs. You will also benefit from the overall professional acumen of our firm and our intimate knowledge of your total financial picture.

Bookkeeping/Write-up

Our firm provides full-charge bookkeeping services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, and receivables and payables tracking and analysis.

Business Consulting

Our goal is help your small or mid-sized business succeed, no matter what the economic climate. To this end we offer a wide range of consulting services to help you improve business operations, boost efficiency, and increase the bottom line. Whatever you needs, our experienced team of business consultants has the experience to help you grow and manage your business.

Incorporation And New Business Analysis

Our firm can set up a new corporation, partnership, or LLC. We will advise you on the advantages and disadvantages of the different types of entities you can choose. Our firm can assist in market evaluations for new business and business valuations for the purchase of an existing business.

Employment Benefit Plans

Our firm can help you establish comprehensive employee benefit plans and can review your existing plans for ERISA and tax compliance. We can help you weigh the complex benefits and costs posed by today’s qualified and non-qualified pension and profit sharing plans, including 401(k), SEP, SEP IRA, Keogh, life insurance, and health insurance plans.

Management Consulting

Our firm offers complete management advisory services, including systems implementation and management, cost controls, employee benefit plan restructuring, and much more.

Financial Statements

We prepare professional, GAAP-compliant financial statements as well as tailor-made financial analyses that can help business owners and managers eliminate inefficiency and realize a business’s full profit potential.

Investment services are offered by Martin S. Kofman through his affiliation with HD Vest.