Sarowitz Milito and Co

• Certified public accounting firm serving New York, New Jersey and the Tri-State Area.
• Emphasis on long-term client relationships and viewing each engagement as a partnership.
• Commitment to close, personal attention supported by advanced training, technical experience and financial expertise.
• Ongoing investment in professional education, technology and business relationships.

Charles M. Sarowitz, CPA/PFS

• Founder and Managing Partner of Sarowitz Milito and Company, CPAs since 1983.
• Over 30 years of experience in public accounting.
• Specializes in taxation, including tax planning, compliance and audit representation.
• Managing Partner of The Elite Retirement Group, offering comprehensive financial planning.
• Former Adjunct Lecturer on federal taxation at Kingsborough Community College (City University of New York) for 10 years.
• Member of the American Institute of Certified Public Accountants (AICPA).
• Member of the New York State Society of Certified Public Accountants (NYSSCPA), including the Personal Financial Planning Committee.
• Member of the Financial Planning Association and Ed Slott's Master Elite IRA Advisor Group.
• Earned a BBA from Baruch College in 1979.

Vincent R. Milito, CPA

• Partner with extensive experience in accounting, auditing and financial management.
• Over 40 years of experience in accounting, auditing, financial analysis and planning, marketing and business strategies.
• Background in designing and implementing financial and accounting systems, training and presentations, and financial problem solving.
• Contributing author of "Guide to Audits of Nonprofits Organization," a multi-volume reference for auditing small nonprofit organizations.
• Significant experience auditing nonprofit organizations, including many with federal and state funding and single audit requirements.
• Co-author of manuals and checklists on accounting procedures, internal controls and financial management for nonprofit organizations.
• Certified Public Accountant in New York and New Jersey.
• Member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants.

• Day-to-day bookkeeping and write-up services.
• Assistance in maintaining meaningful, well-organized financial records.
• Monthly bookkeeping services.

Financial statements

• Preparation of financial statements to help ensure records are timely and accurate.
• Use of financial information to support management and planning.

Payroll services and reporting

• Payroll processing support as a business grows and hires employees.
• Payroll tax reporting and related filings.
• Assistance in implementing controls for a reliable and efficient payroll system.

QuickBooks setup, support and training

• QuickBooks setup for new and existing businesses.
• Ongoing QuickBooks support.
• Training for business owners and staff on using QuickBooks.

Sarowitz Milito and Co. advises new and existing businesses on structure and long-term planning.

Business startup services

• Assistance with the financial and accounting aspects of starting a business.
• Guidance on setting up bookkeeping and reporting processes.

Business entity selection

• Advice on choosing an entity type such as S corporation, C corporation, sole proprietorship, partnership or limited liability company.
• Evaluation of the tax and financial implications of different entity choices.

Business succession planning

• Planning for the transition of a business to new ownership or management.
• Focus on continuity of the business and tax-efficient transfer of ownership.

Ongoing business advisory

• Help with interpreting financial information for decision-making.
• Support with designing and improving financial and accounting systems.

Sarowitz Milito and Co. integrates tax knowledge with broader estate and financial planning.

Estate planning

• Planning for the orderly transfer of assets to beneficiaries.
• Strategies to provide security for a surviving spouse.
• Approaches designed to reduce or help manage estate and gift tax exposure.
• Special focus on continuity and succession for business owners.

Financial and retirement planning

• Comprehensive financial planning to address needs at different life stages.
• Retirement planning to help support financial independence during working years and retirement.
• Coordination of retirement, investment and tax considerations.

Coordination with tax and business needs

• Estate and financial planning that takes income, estate and gift tax rules into account.
• Consideration of business ownership, succession and liquidity needs.

New York office

• Address: 169 West End Avenue, Brooklyn, NY 11235
• Phone: (718) 769-4497
• Fax: (718) 769-7359

New Jersey office

• Address: 2070 Springdale Road, Suite 400, Cherry Hill, NJ 08003
• Phone: (856) 424-8600
• Fax: (856) 616-0776

Contact

• Clients are encouraged to contact the firm with questions or to discuss their tax, accounting and planning needs.

Lists Springdale, Valdosta, Cherry Hill, Brooklyn, New York City, Palo Alto, and Vincent as a location. Names New Jersey, New York, and New York City as a service area. Areas beyond these are not published.

• Preparation of federal, state and local income tax returns for:
• Individuals
• Corporations
• Partnerships
• Trusts and estates
• Not-for-profit organizations

Estate and trust tax preparation

• Preparation of estate and gift tax filings.
• Preparation of income tax returns for estates and trusts.
• Coordination of tax considerations with broader estate and succession planning.

Tax planning

• Year-round tax planning to help minimize current and future tax liabilities.
• Use of current tax law developments to identify planning opportunities.
• Integration of tax planning with business, retirement and estate planning goals.

IRS and state representation

• Representation before the IRS and state tax authorities.
• Assistance with audits and other examinations by taxing authorities.
• Support in responding to tax notices and resolving tax issues.

Calculators are available in categories such as:

• Auto financing
• Business analysis and valuation
• Debt and credit card management
• Insurance and risk planning
• Investment analysis
• Loan and mortgage calculations
• Personal finance and budgeting
• Retirement planning
• Savings and college planning
• Tax-related estimates

How these tools are intended to be used

• The calculators are provided as a convenient starting point for exploring financial questions.
• Results from the calculators are estimates only and are not a substitute for personalized advice from a qualified professional.
• Clients are encouraged to contact the firm to review results and discuss their specific tax, accounting or financial planning situation.

Ask anyway — the agent will say plainly that it is not published rather than guess.