Business Details
Your Trusted Accounting Partner in New York, NY
Prajapati Advisors is a full-service accounting firm based in New York, NY, dedicated to providing personalized financial solutions for individuals and businesses. With decades of combined experience, our team of certified professionals offers expertise in small business accounting, payroll management, tax planning, and IRS audit representation. We prioritize accuracy, transparency, and client education, ensuring our clients understand their financial landscape to make informed decisions. Our services are designed to streamline operations, reduce tax liabilities, and support long-term financial growth.By focusing on individualized attention, we address unique challenges such as cash flow management, estate planning, and business succession strategies. Our commitment to excellence is reflected in our comprehensive approach to bookkeeping, forensic accounting, and strategic business planning. Clients benefit from our deep understanding of regulatory requirements and our ability to simplify complex financial processes. We serve as trusted advisors, empowering clients to achieve financial stability and success through tailored solutions.
Services
Small Business Accounting
Payroll Services
Tax Preparation
IRS Audit Representation
Financial Planning
Estate Planning
Business Valuation
Succession Planning
QuickBooks Support
Non-Profit Accounting
Highlights and features
- We offer personalized accounting solutions tailored to your unique needs.
- Our team includes experienced CPAs with expertise in taxation and auditing.
- We specialize in IRS audit representation and tax problem resolution.
- We provide comprehensive financial planning for individuals and businesses.
- Our services streamline payroll and bookkeeping for small businesses.
Services
Small Business Accounting
We manage financial records, bank reconciliations, and financial statements to ensure accurate reporting. Our service includes income statement and balance sheet preparation, general ledger maintenance, and unlimited consultations. Clients receive customized packages with payroll and tax planning integration.
IRS Audit Representation
Our team handles IRS audits entirely, from document preparation to negotiations. We protect clients from excessive liabilities by leveraging our expertise in tax law and audit procedures. Services include audit response preparation and penalty abatement strategies.
Payroll Services
We offer full-service payroll processing, including tax filings, direct deposits, and compliance reporting. Options include comprehensive, after-the-fact, and online payroll systems. Services also cover union reports, workers' compensation audits, and new hire registrations.
Tax Preparation
We prepare and file individual and business tax returns with accuracy and efficiency. Services include electronic filing, deduction optimization, and bookkeeping for disorganized records. We also provide withholding adjustments to maximize take-home pay.
Financial Planning
Our planning covers retirement, education funding, and estate preservation. We analyze insurance coverage, investment strategies, and tax-efficient savings plans. Services include risk management and legacy planning to protect and grow client assets.
People
Hemant A. Prajapati
CPA
Hemant brings extensive experience in auditing and taxation, with a background at Ernst & Young. He specializes in advising privately held businesses and technology sectors, holding a degree in accounting and international business from NYU Stern School.
Amrat I. Prajapati
Chartered Accountant
Amrat has decades of U.S. accounting experience and 15+ years in international banking. He specializes in global tax matters and provides expertise in cross-border financial planning, combining deep technical knowledge with practical business insights.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll, tax planning, and financial reporting tailored to small business needs.
Can you help with IRS audit representation?
Yes, we handle IRS audits from start to finish, minimizing your liability and stress.
Do you offer payroll processing solutions?
We offer comprehensive, after-the-fact, and online payroll services to suit your business size.
What financial planning services are available for individuals?
We assist with retirement planning, tax-efficient investing, and estate preservation strategies.
How do you handle tax preparation for complex situations?
Our CPAs specialize in resolving complicated tax issues and maximizing deductions legally.
