Business Details
49 Years
experience
Trusted Accounting and Financial Advisory Services
Welcome to TJ Megal Associates, your trusted source for accounting solutions. Founded by Thomas J. Megale, a certified public accountant with decades of experience, we deliver top-tier financial services to businesses across the United States. Our team specializes in accounting, business advisory, payroll management, and tax compliance, serving diverse industries including aviation, construction, cannabis, entertainment, and more. We pride ourselves on being more than number cruncherswe act as strategic financial consultants, offering tailored solutions to meet your unique needs. With a retainer fee structure, project-based billing, and hourly rates, we ensure cost-effective services that align with your budget.Our expertise extends to tax planning, estate liquidity, retirement strategies, and representation before tax authorities. We are committed to providing peace of mind through transparency, reliability, and personalized service. Our in-house team collaborates with industry-leading associates, including legal advisors, wealth managers, and foreign tax specialists, to deliver comprehensive support. Since 1977, we have built a reputation for excellence, combining deep technical knowledge with a client-centric approach. Let us help you navigate financial complexities and achieve long-term growth.
Services
Tax Planning
Payroll Services
Business Advisory
Estate Tax Planning
Financial Consulting
Details
- Year established: 1977
Highlights and features
- We offer decades of experience serving diverse industries nationwide.
- Our team provides customized financial solutions tailored to your budget.
- We combine accounting expertise with strategic business advisory services.
- Our retainer and project-based billing ensures cost-effective service.
- We collaborate with specialists in tax law, wealth management, and more.
What people say
Expertise in tax compliance
Personalized financial solutions
Industry-specific knowledge
Reliable advisory services
Services
Accounting Services
We provide customized accounting solutions tailored to your industry needs, including budget preparation, bill processing, and royalty audits. Our team ensures accurate financial records and compliance with federal and state regulations. With expertise across multiple sectors, we help businesses maintain financial clarity and operational efficiency.
Tax Compliance
Our tax compliance services identify advantageous opportunities while mitigating risks through proactive planning and representation before tax authorities. We prepare federal, state, and local tax returns and offer strategic counsel on complex tax matters. Clients benefit from our deep understanding of evolving tax laws and industry-specific challenges.
Business Advisory
We guide business owners through formation, financing, and operational challenges, providing tools to move beyond the planning stage. Our advisory services cover payroll setup, capital structuring, and risk management. We focus on long-term growth strategies tailored to your business lifecycle and market conditions.
Estate Planning
Our estate planning services address liquidity, tax efficiency, and asset distribution for high-net-worth individuals and families. We collaborate with attorneys to administer trusts and estates while optimizing tax outcomes. Computerized projections help clients evaluate financial decisions and legacy planning scenarios.
Payroll Services
We manage payroll processing, tax filings, and compliance reporting to ensure accurate employee compensation and regulatory adherence. Our services integrate with broader financial planning to streamline operations. Clients receive support for pension plans, benefits administration, and labor law compliance.
People
Thomas J. Megale
Owner, CPA
Thomas J. Megale is a certified public accountant with over 40 years of experience in financial consulting and tax advisory services. He specializes in serving diverse industries and founded TJ Megal Associates in 1977 to provide personalized accounting solutions.
Anthony J. Gallo
Legal Advisor
Anthony J. Gallo is an attorney and legal advisor specializing in entertainment law. He serves as co-chairman of the Suffolk County Bar Association Entertainment Law Committee and provides expert guidance on complex business transactions.
Mario A. Veneroso
Wealth Manager
Mario A. Veneroso is a wealth manager with expertise in financial planning for high-net-worth individuals and institutions. He holds advanced certifications in investment management and retirement planning strategies.
Joseph Sciara
Foreign Tax Specialist
Joseph Sciara is a CPA specializing in international tax compliance and cross-border financial planning. He provides tailored solutions for clients with global business interests and foreign tax obligations.
Questions
What accounting services do you offer?
We provide tax planning, payroll management, financial reporting, business advisory, and estate planning services tailored to your industry needs.
How are your fees structured?
We offer retainer agreements, project-based billing, and hourly rates depending on your service requirements and budget preferences.
Do you serve specific industries?
Yes, we work with aviation, construction, cannabis, entertainment, healthcare, real estate, and other specialized sectors.
Can you assist with tax disputes?
Yes, we represent clients in tax authority deliberations and prepare appeals for contested assessments.
What makes your firm different?
We combine technical expertise with strategic advisory services and collaborate with specialists to deliver comprehensive solutions.
