Business Details
50+ Years
experience
Trusted Certified Public Accountants in Millburn, NJ
Founded in 1955, Bloom & Bloom, LLP has established itself as a trusted provider of accounting and auditing services. Our firm combines nearly six decades of industry experience with a commitment to peer-reviewed standards and continuous professional development. Specializing in HUD Audits, Yellow Book Non-Profit Audits, and tax planning, we serve small to medium-sized businesses and high-net-worth individuals. Our team of seasoned professionals, including auditors with minimum 10-33 years of experience, employs proprietary techniques to deliver efficient, cost-saving solutions.We maintain active participation in the American Institute of CPAs peer review process and prioritize client education to prevent financial pitfalls. With a legacy of excellence rooted in New Jersey, we continue to serve clients across 13 states while maintaining our founding principles of integrity and personalized service.
Services
Auditing
Tax Preparation
Consulting
HUD Audits
Accounting Services
Details
- Year established: 1955
Highlights and features
- We offer 60+ years of specialized auditing experience with proprietary techniques
- Our lead auditors maintain minimum 33 years of industry expertise
- Peer-reviewed firm with mandatory continuing professional education
- Specialized in HUD Audits and Yellow Book Non-Profit Audits since 1955
- Proven track record saving clients thousands through efficient audit processes
Associations and certifications
- American Institute of Certified Public Accountants (AICPA)
Services
Certified Audits
Our specialized auditing services cover HUD developments, USDA Rural Development properties, and non-profit organizations. With nearly 60 years of experience and proprietary techniques, we deliver efficient audits that save clients time and money while ensuring compliance with federal standards. Our peer-reviewed team handles complex regulatory requirements across 13 states.
Tax Preparation
We provide comprehensive tax planning and preparation for businesses and individuals. Our services include income tax compliance, estate planning, and strategic tax reduction strategies tailored to high-net-worth clients and small to medium-sized enterprises across multiple industries.
Consulting Services
Our consulting division offers business valuations, litigation support, and operational consulting. We assist with entity selection, financial planning, and regulatory compliance, leveraging decades of experience in both private and public sector accounting to provide practical business solutions.
HUD Audits
Specializing in HUD Audits since 1955, our team has completed thousands of audits for multifamily housing developments. With auditors having minimum 10 years' experience, we ensure compliance with HUD requirements while helping clients avoid penalties through our industry-specific expertise.
Non-Profit Audits
We provide A-133 Yellow Book audits and compliance services for non-profit organizations. Our team understands the unique regulatory challenges faced by non-profits and offers tailored solutions that ensure compliance while maximizing organizational effectiveness and financial transparency.
People
Richard D. Bloom
Managing Partner
CPA with 25+ years audit experience, specializing in HUD audits and accounting software implementation. Graduated from Tulane and George Washington University with focus on accounting and mathematical theory. Active motorsports enthusiast applying risk management principles to client services.
Helene S. Bloom
Partner
Public Accountant with expertise in auditing and eldercare issues. Former Audit Bureau Chief at NJ Board of Public Utilities. Developed audit techniques for regulatory compliance. Community volunteer with focus on nonprofit organizations and financial education.
Saul G. Bloom
Founding Partner
CPA (1955-2000) who established firm's reputation in HUD auditing. Former IRS revenue agent and co-author of NJ Housing Finance Agency accounting manual. Recognized for client-focused approach and community service. Firm continues his legacy of excellence.
Questions
What accounting services do you offer?
We provide auditing, tax preparation, consulting, and accounting services for businesses, non-profits, and individuals including HUD audit compliance and financial planning.
Do you specialize in any audit types?
Yes, we specialize in HUD Audits, A-133 Yellow Book Non-Profit Audits, USDA Rural Development audits, and other certified audits with 60 years of experience.
How does your tax planning work?
Our tax services include compliance, return preparation, and strategic planning for businesses and individuals focusing on legitimate tax reduction strategies and regulatory compliance.
Are you peer-reviewed professionals?
Yes, we undergo triennial peer reviews through the American Institute of CPAs and maintain continuing education to stay current with evolving standards.
What consulting services do you provide?
We offer business valuations, litigation support, forensic accounting, entity selection guidance, and operational consulting tailored to clients' specific regulatory and financial needs.
Do you serve clients outside New Jersey?
Yes, our auditing team serves clients in 13 states specializing in HUD and multifamily housing audits while maintaining local compliance requirements.
