Business Details
Trusted CPA Services in Chatham, NJ
New Financial Management is a Chatham, NJ-based CPA firm committed to delivering high-standard tax and accounting services to individuals and small businesses. Founded by Xin (Cindy) Liu, a certified public accountant with extensive experience in tax and accounting, our firm combines deep industry knowledge with personalized service. With a background in asset management and a Chartered Financial Analyst (CFA) designation, Cindy brings over a decade of expertise from roles at CPA firms and HR Block. Our mission prioritizes client satisfaction through transparent communication, reasonable pricing, and bilingual (English/Chinese) support.We specialize in individual and business tax preparation, accounting/bookkeeping, IRS audit resolution, and business formation services while maintaining rigorous professional standards. Our team's credentials include an MBA from Vanderbilt University and adherence to continuing education requirements for CPA licensure. We serve clients remotely and locally across New Jersey, New York, Pennsylvania, and surrounding areas, ensuring accessibility without compromising service quality.
Services
Individual Tax
Business Tax
Accounting & Bookkeeping
Tax Consultation
IRS Audit Resolution
Business Formation
Highlights and features
- We offer CPA services with 10+ years of tax and accounting experience
- Our bilingual (English/Chinese) team serves diverse client needs
- We provide personalized service with transparent pricing structures
- Our founder holds CPA, CFA, and MBA credentials from top institutions
- We serve both local NJ clients and remote customers nationwide
Services
Individual Tax
We prepare comprehensive individual tax returns including standard forms (1040, 1040NR) and complex schedules (A, B, C, D, E). Our expertise covers foreign tax credits, foreign income exclusions, and FBAR reporting requirements. Our CPA handles special circumstances like non-resident aliens and international financial assets reporting through Form 8938.
Business Tax
Our firm specializes in business entity tax filings including C-Corporations (Form 1120), S-Corporations (1120S), partnerships (Form 1065), and non-profit organizations (Form 990/990T). We ensure proper tax treatment for different business structures while maintaining compliance with federal and state regulations.
Accounting & Bookkeeping
We provide complete accounting solutions including income statements, balance sheets, journal entries, and bank reconciliations. Our QuickBooks setup service helps small businesses establish proper accounting systems while accounts receivable/payable management ensures accurate financial tracking for ongoing operations.
IRS Audit Resolution
Our CPA represents clients during IRS and state tax audits, handling notice responses and compliance verification. We specialize in resolving tax discrepancies, negotiating settlements, and providing documentation support throughout the audit process for both individual and business taxpayers.
Business Formation
We assist entrepreneurs with business entity selection and formation including corporations, partnerships, and non-profit organizations. Our services cover proper tax structure establishment, state registration, and federal EIN acquisition to ensure legal compliance from business inception.
People
Xin (Cindy) Liu
Founder & CPA
Certified Public Accountant with 10+ years of experience in tax and accounting services. Former HR Block tax professional and asset management industry veteran. Holds CPA license, CFA charter, and MBA from Vanderbilt University. Specializes in individual/business tax compliance and financial consulting.
Questions
What tax services do you offer for individuals?
We prepare individual tax returns including Form 1040, 1040NR for non-resident aliens, Schedule A/B/C/D/E, foreign tax credits, and Form 8938 reporting.
Do you handle business tax filings?
Yes, we prepare corporate tax returns (Form 1120), S-Corp (1120S), partnerships (1065), and non-profit organization returns (990/990T).
Can you help with IRS audit resolution?
Our CPA team represents clients during IRS and state tax audits, providing documentation support and negotiation services for tax notices and compliance issues.
Are your services available remotely?
Yes, we serve clients nationwide through secure digital document exchange and virtual consultations while maintaining Chatham, NJ office operations.
What accounting software do you support?
We offer QuickBooks setup, bank reconciliations, accounts receivable/payable management, and financial statement preparation for small businesses.
Do you assist with business formation?
We help establish corporations, partnerships, and non-profit organizations including proper tax structure setup and state/federal registration guidance.
