Business Details
29 Years
experience
Trusted Accounting & Consulting Services in Newark, NJ
Since 1997, our firm has been dedicated to delivering personalized financial guidance to individuals and businesses in Newark, NJ. Our expertise spans tax management, accounting services, audits, financial statements, and strategic planning, tailored to meet the unique needs of each client. We prioritize open communication to understand client goals, supported by thorough research and sound analysis. With over 24 years of experience as a Certified Public Accountant, our founder, Floyd D. Townsend, brings deep industry knowledge from his tenure at an international consulting firm serving Fortune 1000 clients.Our services include assurance and advisory, IRS representation, bookkeeping, and accounting software implementation, all aimed at ensuring financial viability and long-term success. We are committed to excellence, offering objective analysis to enhance efficiency, control costs, and navigate regulatory changes. Our approach combines technical proficiency with a focus on client relationships, ensuring tailored strategies for future growth.
Services
Accounting Services
Audits
Tax Management
IRS Representation
Bookkeeping
Financial Planning
Assurance Services
Accounting Software Support
Details
- Year established: 1997
Highlights and features
- We offer over 24 years of CPA experience in tax and financial consulting.
- Our team provides tailored strategies for audits, planning, and IRS compliance.
- We prioritize personalized guidance to align with client-specific goals.
- Our services include advanced accounting software implementation and support.
- We maintain high standards of excellence in regulatory and financial matters.
Associations and certifications
- Certified Public Accountant (CPA)
Services
Accounting Services
We provide comprehensive accounting services, including general ledger preparation, payroll processing, and financial statement reporting. Our solutions ensure accurate record-keeping for startups and established businesses, supporting tax compliance and strategic decision-making. With tailored support, clients gain clarity on cash flow, budgeting, and profit optimization.
Audits
Our audit services deliver the highest level of assurance through in-depth examination of financial records. We verify account balances, transactions, and compliance with accounting standards, ensuring transparency for stakeholders. Clients benefit from error-free reporting and confidence in their financial data's reliability for regulatory and investment purposes.
Tax Management
We specialize in corporate and individual tax return preparation, combined with strategic planning to minimize liabilities. Our expertise covers regulatory changes and deductions, ensuring compliance while optimizing financial outcomes. Clients receive proactive guidance to navigate complex tax requirements with confidence.
IRS Representation
Professional IRS representation is offered to guide clients through audits and disputes. With deep knowledge of tax law, we advocate for favorable resolutions, reducing stress and penalties. Our support ensures clients' interests are protected during interactions with federal and state tax authorities.
Accounting Software Support
We assist in selecting, implementing, and training teams on accounting software tailored to business needs. Our support minimizes disruptions during system transitions, ensuring seamless integration and efficient financial management. Clients gain tools to streamline operations and improve data accuracy.
People
Floyd D. Townsend
Certified Public Accountant (CPA)
Floyd D. Townsend, CPA, has 24 years of experience in financial auditing and consulting for Fortune 1000 clients. He specializes in tax planning, IRS representation, and accounting system optimization, bringing expertise in regulatory compliance and strategic business growth to our firm.
Questions
What services does Floyd D. Townsend & Associates offer?
We provide accounting, tax planning, audits, IRS representation, bookkeeping, and accounting software support for individuals and businesses in Newark, NJ.
How long has the firm been in business?
Floyd D. Townsend & Associates has served clients since 1997, offering over 25 years of expertise in accounting and financial consulting.
What sets your firm apart from other accounting services?
Our personalized approach, 24+ years of CPA experience, and focus on client relationships ensure tailored solutions that align with individual and business financial goals.
Do you assist with IRS audits or disputes?
Yes, we provide professional IRS representation to navigate audits and disputes, ensuring compliance while minimizing penalties and stress for clients.
Can you help businesses implement new accounting software?
Yes, we offer software selection, implementation, and training to streamline financial processes, ensuring minimal disruption and improved operational efficiency.
