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Barrys Accounting Services, Corp.
1852 Flatbush Avenue - 2nd Floor
Brooklyn, New York 11210-4831
(718) 677-4006
E-mail:
clembarry@aol.com
 
 
Client Update - quarterly newsletter
 
   

Barrys Accounting Services, Corp. - Brooklyn, NY

Welcome

1852 Flatbush Ave. 2nd Floor - Brooklyn, NY

Barrys Accounting Services, Corp., is a U.S.A. Corporation that serves Individuals, Busy Professionals, Independent Contractors, and Corporations clients in 13 States in the U.S.A and 5 Countries Overseas. We are READY to work with you, if Exceptional Results, Tangible Benefits, and Peace-of-mind are important to you.

***NOTE:- Education Grants and Scholarships are available. Contact The Institute of International Education. The website:-IIE.ORG.

***NOTE:- The IRS has collected US$4.9 Trillion from 2022 tax filings. This is US $790 Billion more than 2021 tax filings, according to the report from the Treasury Inspector General for Tax Administration(TIGTA). That is proof that the IRS is adhering to "Enforced Compliance" measures. The IRS will start accepting Corporations Tax Returns on JANUARY 16, 2024. The DEADLINE is MARCH 15, 2024. If you are calling from inside the USA (800) 829-1040 and (800) 829-4933, From 7:00am; and (313) 234-6146 From 8:00am Eastern Standard Time(EST).

Thanks for logging-on to our website to get  RELIABLE and DETAIL information that you need. This website is a Special RETREAT CENTER where we bring together ALL our clients from FIVE major economic sectors. They get valuable information about other industries that they can incorporate in their business. This website attracts over 1,020,000 readers. Some of them are Clients, some of them are Paid Subscribers, and some of them are in the market searching for a Tax-Accountant or Business Advisor that has the EXPERTISE ("Industry-Specific Knowledge"), SHARED PASSION, CLEAR VISION, STRONG WORK ETHICS, MASSIVE NETWORK SYNERGIES, and the COMMITMENT they need to accomplish their goal/mission.

Our HISTORY is IMPECCABLE by ANY Ethical and Operational Standard in the FIVE Economic Sectors that we have worked in for over 30-years; and PERSONALLY, we dont CRAVE Public Attention. Hence, we have diverted ALL attention to our respective Clients.They are the STARS. When they shine, WE shine.

We are PROFICIENT at managing Clients Expectation. Juggling WORK-LOADS and meeting QUOTAS and DEADLINES are SMALL Challenges to us. We have planned, prepared, and completed our Clients SPECIAL PROJECTS to fit/meet their GOAL/MISSION. We have helped them Generate Revenues, Manage their Discretionary Spending/Recurring Expenditures, and Overcome Financial, Economic, and Logistical Challenges/Hurdles; and we have saved them $450 million in  expenses and taxes. Hence, they have more LIQUIDITY (Cash-Flow, Disposable Income, and Working Capital) that enabled them to maintain their Personal and Business Financial Obligations and Credit-Worthiness. What do you want us to do for you, TODAYTestimonials that we have received during our Annual Clients Survey are overwhelmingly impressive. Time Management is VERY important to us. CONTACT us when you are READY to do BUSINESS with us.

The firm provides Taxation (Compilation, Preparation, Audit, Review and Compliance); Business Management & Advisory Service; Financial & Strategic Planning; Valuation;  Forensic Consultancy; and Public Relations and Brand Management services in FIVE MAJOR Economic Sectors. They are:- Real Estate, Medical, Transportation, Skilled-Trades, and  Entertainment. Those industries keep us on the Cutting-Edge of NEW tax Developments, Compliance issues, and our Clients Operations Strategies and Efficiencies.

Each Economic Sector/Industry has its own webpage. Click on your Industry link and get the DETAILS ("Niche-Specific" Strategies) about the Service we Provide, Our Co-competencies, Commitment, Clients Testimonials, Your Rights / Obligations / Responsibilities under the Tax Laws; and the PRICE / FEE you will pay us for the service that you received ("Transparency / Clarity of Agenda").

Our CONTINUALLY UPDATED Tax DATABASE contains over 1,000 Tax Strategies that are unique to your BUSINESS and your INDUSTRY. We can analyze and QUICKLY evaluate the TAX IMPACT on every INDIVIDUAL/PERSONAL and BUSINESS decision you made (Proactive Tax Strategies); and the BEST Tax-EFFICIENT structure that will MINIMIZE your Tax Liability; and MAXIMIZE your Cash-Flow, Disposable Income, Working Capital, Business Valuation, and Credit-worthiness ("The Domino / Ripple / Multiplier effects"):-FACTS / SUBSTANCE over HYPE. This is your time to make a BOLD move and hire the right Tax-Accountant that has UP-TO- DATE information/knowledge and a PROVEN and VERIFIABLE Track Record in your industry for over 30-years.

We are Mission Driven and Result Oriented; and we Empower Ambition(Upward Mobility). We help clients manage todays business challenges, future demands, and sustainability. We use Key Performance Indicators (Solvency Ratios/Stress Tests) to increase Leverage and help clients overcome financial and operational limitations; and we prepare them with Safeguards that will help them manage changing needs that will have a significant/profound impact on their Business Sustainability and Growth. KEY OPERATING DRIVERS that we are focus on are:- (Changing Demographics, Results of recent digital & marketing efforts, Customers acquisition cost, Customers Retention, Accounts Recivable Collections, Change in employees Work Ethics, Labor laws, Exchange rates stability & fluctuations, Sentiments of overseas customers, Products prices & labor rate inflation, Budgets, Margins, Free Cash Flow, Costs Savings Measures, Variances, Key Financial Indicators/Solvency Ratios, Risk Management, Working Capital Reserves, Contingency reserves, Tax Liability, Credit Worthiness & Preferential Treatment, Business Valuation, Future Expansion and Revenue Growth, etc.). We answer their Tough Questions. We get things done quickly. We deliver Exceptional Results everytime. We give them Peace-of-mind; and we keep them smiling.

We contribute our insights/co-competencies to top business publications that promote our services to their readers/audience. Our network is vast and varied; and the synergies we bring to each client are limitless. Hence, we add value without the risk of Reputational Damage (the "Risk-Reward" and "Duty-of-Care"). That is how we earn money. 

If you need to call the IRS from the USA(800) 829-1040; From Overseas/Abroad (267) 941-1000, from 7am Estern Standard Time(EST). The website is IRS.Gov. You can use the website to file your personal Quarterly Estimated tax Forms 1040-ES;  Personal Tax Extension Form 4868, 2350 or 2555-EZ; and Corporation extension Form 7004.

Industries We Are Specialized In:-

We work expeditiously with Individuals and Businesses owners that have investments in Multiple Industries. They are Eager and Happy to give us Additional Business because we have the Skillset; and we are proficient at Managing Expectations with Quick and Effective Execution/Implementation of strtaegic plans:-

1) We are familiar with Operations Logistical Hurdles in other industries; and we can identify with pin point precision, and pre-empt/forestall problems and challenges before they turn into a crisis/nightmare (Due Diligence and the "Root-Cause Analysis")

2) We get things done quickly; and we deliver exceptional results without the risk of reputational damage on both sides("Risk-Reward" and "Duty-of-Care").

3)They are in Capable Hands, and THEY KNOW we are not a One-trick Pony. We have "Industry-Specific" knowledge in 5 Key Industries/Economic Sectors (5 MAJORS); and we can Quickly calculate and implement over 1,000 Tax Planning Strategies that are specific to each industry:-

*Real Estate

*Construction/Skilled Trades

*Medical/Health Care

*Transportation 

*Entertainment

 Our Client-base:- Our clients are located in 13 states in the USA, and 5 Foreign Countries. They are pro-active and innovative men and women who are focus on getting results. Some of them are employed by Private and Public Corporations; and some of them operate their own businesses as S-Corp., C-Corp., LLC., Partnerships, and Sole-Proprietorships. Our DATABASE(Clients Statistical Analysis) shows they are comprised of:- 40% White;  37% Black; 10% Hispanic; 7% Indian, and 6% Asian. We have a GREAT working relationship with everybody and our client-base has grown steadily over the years.

 

***NOTE:-(Upward Mobility)You dont have to work in a job that you hate. You can start your own business and take control of your own destiny; and become Financially Independent like many people have done and become; OR you can LOG ON to these companies websites and APPLY for the job that you are QUALIFY for; and you are PASSIONATE about:-MaximStaffing.com; EdenHcs.com; HHAjobsManhattan.com; OutsourcedBilling.com; MyJobHelper.com; SisInc.com; Hok.com; Som.com; InfoSys.com; AgsHealth.com;  JustWorks.com/careers; Monster.com; Indeed.com; FastSwitch.com; RobertHalf.com; Detyens.com; Slgreen.com; Durst.org; KellyServices.com; FlexCare.com; Willkie.com; BrownSchroeder.com; Gensler.com; RandStadUsa.com; NewYorkJobDepartment.com; Nexxt.com; Kirkland.com; Skadden.com; Careers.Amtrack.com; FastGuardService.com; KornFerry.com; Aecom.com; PerkinsEastman.com; If you wish to work in a Mansion, Private Residence, or TV Station as a private Chef, Cosmetologist, Security Chief, Nurse, Therapist, Personal Manager, Personal Trainer, Grounds-keeper, Butler, etc, log on to:-HouseHoldStaffing.com. If you want to set-up or establish a business(LLC, Partnership, or Corporation), call Legal-Zoom at (800) 773-0888 ext 5374; or (323) 962-8600.

Services we provide:- Regular Services and Private Client Service are available to all of our clients. Private Client Service is custom-made to help clients accomplished their immediate and long-term growth quickly. If your career or your investment is in one of the industries above, then taxpayers like yourself are our ideal/primary client. We know your industry ("Industry-Specific" knowledge); and we can help you overcome those tough challenges you are experiencing in Taxation, Business, and Finance; and we will put a BIG SMILE on your face. Clients assignments are completed quickly and accurately. We deliver Exceptional Results; and we give them Peace of Mind that are unparallel/unmatched anywhere else. Our methodology is very effective; and we put our track record and reputation behind them. Lets start today!!

#1)Tax planning & Implementation:- There is nothing new, outrageous, or illegal about wealthy people being Proactive and utilizing effective Tax Planning strategies to save large amounts of money in taxes; or pay a small percentage of their income in taxes. That happens because most investments are Income Producing Activities that involve risks; and investments are taxed at a lower rate than wages and salary. In addition, for their efforts for taking risks, those investors get incentives like Expense Deductions, Loss Deductions, Tax Credits, Amortization, and Depreciation. Those incentives encourage them to take more risks and invest. Also, they make their business a "Family Business" and they get tax incentives for hiring/employing their Children/kids. It is important to note that MOST people who are WEALTHY today have started from POVERTY but they are focus on UPWARD MOBILITY as their priority. I have interviewed many of them when I was writing my book.

They are WEALTHY today because they moved out from their COMFORT  ZONE and they take RISKS knowing they can lose EVERYTHING; and if they Sell their investment at a Profit they will pay 60% Capital Gains Tax to the Federal and State. That didnt deterred them or dampened their spirit. Instead, they took a Leap of faith and EXECUTE their WRITTEN long term plans (Taxation, Financial, and Business plans); and they HIRED and PAID the best people, who are in alignment with their vision/mission, to help them obtained the desired RESULTS. That is why they are wealthy. Santa Clause didnt give them a BAG of money. Why should they feel guilty for being wealthy TODAY after they made personal and financial SACRIFICES for many years? Why should they apologize for being wealthy when EVERYBODY has the same opportunity to become wealthy? Charitable Organizations are getting TAX-FREE donations from them. Politicians are getting TAX-FREE contributions from them and are laughing all the way to the banks with their briefcase bulging; and Governments are syphoning-off and squandering Tax-Payers money and raising tax rates like they are legalized bandits. How about that? Wait till they start dipping their hands in your pocket.

Effective Tax Planning is available for EVERY Individual and Business. Tax Planning is different from Tax Preparation. Tax Planning is something that MUST be done and Monitored REGULARLY throughout the year to produce MAXIMUM results at the end of the year. However, Tax Preparation MUST be done ONCE a year, after the end of the year. 

Are you ready to be Proactive and Committed to saving large amount of money in taxes? If you are ready, then your TOP priorities are a Personal Tax Plan and a Financial Plan; and you need to monitor your expenses and investments or pay someone to do it for you. If you own a business, you will need a Business Tax Plan to help you evaluate the tax impact of restructuring or selling the business. Call us when you are read to make the transformation. The economic impact of COVID-19 Social Pandemic has put a financial strain/pressure on many individuals and businesses. Dont get disheartened/depressed! Be proactive. Position yourself and become part of a group of new millionaires that this crisis will create. Every ECONOMIC and SOCIAL crisis have produced MILLIONAIRES. Those STATISTICS are available for EVERYBODY to overhaul. Check them out!!

#2)Tax preparation:- Tax Preparation is usually done once a year. We thoroughly analyze the details that our clients give us; and we formulate a strategy that makes every regulatory tax loophole, creditdeduction, exemption, and exclusion work for them in accordance with Federal & State tax codes/laws. We ensure they get tax refunds that they are entitled to received; or pay no more taxes than is required by law.

#3) Tax Compliance Issues:- We can help you resolve Federal & State outstanding or dilinquent tax liabilities/discrepancies. This includes Filing FBAR with the IRS and FinCEN to report foreign (off-shore bank, brokerage & securities accounts and property) transactions in compliance with FATCA for U.S. Citizens and Residence who are domicile in the USA and Overseas. 

#4) Forensic Auditing:-(Tracing/following the money). This investigative work involves untangling and reconstructing financial transactions to ferret out corrupt, deceptive, and fraudulent business practice. This includes 3rd party allegations of financial impropriety. People who are interested in Forensic Audit are those seeking Financial Compensation or Asset Forfeiture (Creditors, Partners in a partnership, Shareholders, IRS, DEA, Bankruptcy court, etc.).This work involves knowledge and practical applications of tax laws, financial & managerial accounting, and criminal law.

#5) Business Management:- Emotional, Operational, and Financial challenges/constraints are inherent in every business. A market correction, or a sudden change in the demographics of the population, or a downward spiral in the economy (Example:-the economic recession in 2007-2009; and COVID-19 social pandemic in 2020) will quickly change business operations dynamics and hit some business hard; especially those that are overleveraged, have little or no cash reserves, and virtually no margin of safety. If your business is experiencing a similar situation, dont panic. NEW millionaires have emerge from EVERY economic crisis. Call us for a FREE 5-minutes of "Strategy Session". We will share with you a unified vision and provide you with ongoing remedial support; and we will do whatever it takes to transform the business to meet your objectives. Results varies for each client that we have worked with on an ongoing basis. In Operations Management, clients productivity have increased 35%, 56% and 60%, and net profits have increased 63%, 86% and 97%; and free cash flow has doubled, triple and quadrupled within the first 30-90 days.

Independent Survey:- The top eight RANDOM reasons clients gave for doing business with us: experience, knowledge of their industry, hands-on, transparent, reliable, speed, accuracy, and results-oriented.

 

Testimonials From Our Clients Survey

1)"I sold my 16-family building in June 2021 and my Attorney told me I would have to pay Capital Gains Tax to the IRS & NY State. I was shopping around for a capable person to help me and I contacted Barry. I was impressed with his experience and the proofs he showed me. He wasted no time making me talk to 3 of his clients who have been in a similar situation like myself. I finally said, lets do it!! The result was just liked we had discussed and I paid the fee from the money he saved me". -Dimitri, E. (Coney Island Ave., Brooklyn, NY).

2)"I own a trucking company and I was searching the internet for a taxman. I got a link that leads me to Barrys Accounting Services. I contacted Barry and he had me talked to 4 truck owners who are happy with his service. I am happy I hired him. The result was better than I had anticipated". - Jimmy, P (Brooklyn, NY).

3)"My personal and business tax returns are complex and I needed a Tax Accountant. I received numerous referrals; but I am very picky/fastidious. Every time I researched and reviewed my list of prospects and their customers experiences, your name kept coming up. That is why I contacted you and send you my documents. I am glad I trusted you. Great results. Thank You!" - J. Morrison, Business Owner, (Manhattan, NY).

4)"I dread going to a tax office during tax season. Barry told me what to send and I mailed him the documents. In a couple of weeks I received my tax refunds, a copy of my tax return, the documents I sent him, and a gift. That was Amazing!!" - Dr. Anette P., (Ventura, CA).

5)"I was tired of changing Accountants because I was not happy with their service and the result I was getting, hence the reason I was hesitant/reluctant to hire you when my friend referred you to me. However, reading your blogs and talking to you every year for 3-years had finally given me the courage to trust you and take the risk and hired you. Presently, I am happy I did. I wish I had hired you when I first talked to you". - G. McIntyre, Engineer, (Long Island, N.Y.).

6)"I found Barrys Accounting Services, Corp. on the Internet. I received so much information from the companys Website that I had to try the service. I am happy I did."- E. Mackenzie, Electrician, (Jamaica, N.Y.).

7)"Accountants have told me what they can do for me, but none of them have clearly demonstrated their services to me and none have stronger endorsements and referrals than Barry. This is why I switched to Barrys Accounting Services, Corp."
          - S. Benoit, Account Executive, (Manhattan, NY.).

8)"I am a ship captain. Sometimes I dont have time to visit my accountant. I organized my documents and sent them to Barry. Two weeks later my tax refund was in my bank account; and my copy, the documents I sent him, and a gift arrived at my address. I was like, wow!! I like that."  - Capt. Samuel K., (Jacksonville, FL.)

9)"The information you have given us is invaluable. We have leased a fleet of trucks and the leasing company has encouraged us to retain your services.
          - Allan & Tom, Shippers & Movers, (Randall Ave., Bronx, N.Y.).

10)"I was audited and I couldnt find my tax preparer. A friend referred me to Barry. Barry took my case and saved me $5,250. I have become more educated and realistic about who should prepare my tax returns. Thank you, Barry." - R. McCloud, Real Estate Owner, (Newark, N.J.).

11)"I used to live in New York and travel to my clients in New Jersey and Connecticut. I rented out my residence in New York and relocated to another residence I had in Georgia. I sold my residence in Georgia and relocated to California. Finally, I sold my residence in New York. Barrys tax planning advice saved me $18,000 in prepayment penalties, $30,000 in sellers concessions, and $5,900 in taxes. Barry has been preparing my tax returns and advising me for 20 years. I could not have chosen a better person to look after my interests."
          - S. Fortune, District Sales Manager, (Los Angeles, CA.).

12)"We were making minimum monthly payments of $2,500 on high-interest credit card and personal loans and we could not get a tax break on the interest we paid. We wanted to file bankruptcy, but the new rules were too stringent and we didnt want to ruin our credit. Barry helped us reduce our monthly payment to $900. The best part is the peace of mind we are enjoying. Our payments are covered for one year if one of us is unemployed. We are saving over $19,000 annually, including the tax write-off on the interest on our home equity loan payment. Thanks, Barry."  - Jerome & Angie Mattias, (Brooklyn, N.Y.).

13)"Our stores were under investigation because we didnt file tax returns and pay the sales and payroll taxes. We had discussions with several accountants who used to solicit us for business. When we needed them they were busy attending to their regular clients. We found Barrys Accounting Services, Corp. in our local newspaper. We called Barry and we agreed to provide him with the information he requested. We paid the government $8,226 less in penalties and interest. Our financial affairs are back on track and we are happy. Thanks, Barry."  - Leo & Jane Robinson, Store Owners, (Jamaica, N.Y.).

14)"Your article on Real Estate Taxation is excellent. I have read bits and pieces of the subject in magazines, brochures, and handouts at seminars, but this is the most comprehensive article I have read on the subject. The answers you gave were well-researched."
          - J. Davidson, General Contractor, (Beverly Hills, CA).

15)"Barry has been my accountant for many years. It was my first year in college when I met him. He used to come to our home to prepare my mothers tax returns. My siblings are living in other states and they all do business with him. Clients we referred to him have told us they are happy with the service and many of them are still doing business with him."
          - Dr. E. Thomas, Physician, (Manhattan, N.Y).

16)"I was in high school when my mother introduced me to Barry. He used to make house calls; and he came to our home in Brooklyn every year to prepare my mothers tax returns. He has been preparing my tax returns for many years and I am happy with the service. In fact, he is like a brother to me." - Dr. M. Thomas-Jones, Ophthalmologist, (Atlanta, GA.).

17)"The shipping company we inherited was in total disarray. Barry helped us re-organized it and make it efficient and profitable. The support services we received were terrific. Free cash flow, working capital, and daily operations have improved tremendously. Our customers, bond holder, bank, and freight forwarders are happy with our performances, stability, and reliability. We stopped paying high overdraft fees; and the bank has increased our revolving line of credit"

          - Andre, Julian & Mindy Roache, Store Owners, (Brooklyn & Queens, N.Y.).

 


"Time Management is VERY important to us. Call when you are READY to hire us. You will receive the best service in the industry."