Business Details
Expert Accounting & Tax Services in Central Islip
King & Associates, CPA, P.C. is a full-service accounting and valuation firm with decades of experience serving clients across Long Island and New York City. Our team of certified professionals specializes in providing personalized accounting, tax planning, business valuation, and advisory services tailored to the unique needs of individuals, businesses, and organizations. With a commitment to professionalism, responsiveness, and quality, we deliver actionable financial solutions while maintaining the highest standards of expertise and ethical practice. Our firm holds prestigious accreditations, including membership in the AICPA Peer Review Program and Certified Valuation Analyst designations, ensuring clients receive reliable, industry-leading guidance.We prioritize client education through accessible resources, financial tools, and transparent communication, fostering long-term partnerships built on trust and measurable results. Our deep local market knowledge and focus on niche areas like HUD compliance audits and business succession planning position us as trusted advisors for complex financial challenges. By combining technical excellence with personalized service, we empower clients to achieve financial clarity, compliance, and strategic growth.
Services
Business Valuations
Tax Planning
Audit Services
Estate Planning
Payroll Services
IRS Representation
Financial Statements
Retirement Planning
Highlights and features
- We have over 40 years of combined experience in public accounting and business valuation.
- Our team includes Certified Valuation Analysts with expertise in complex tax and estate planning.
- We specialize in HUD compliance audits and Long Island ferry industry financial reporting.
- Our AICPA Peer Review Program membership ensures rigorous quality control standards.
- We provide litigation support and expert witness testimony in business valuation disputes.
Associations and certifications
- AICPA Peer Review Program
- National Association of Certified Valuation Analysts (NACVA)
- New York State Society of Certified Public Accountants (NYSSCPA)
Services
Business Valuations
Our certified valuation analysts provide objective business valuations for estate planning, gifting, divorce proceedings, and IRS compliance. With over 1,000 completed valuations and expert testimony experience, we deliver defensible analyses that meet court and regulatory requirements. Our services help clients understand business worth for strategic decision-making and tax purposes.
Tax Planning
We develop customized tax planning strategies to minimize liabilities for individuals and businesses. Our expertise includes entity selection, estate tax reduction, and compliance with evolving tax codes. By integrating tax planning with overall financial goals, we help clients optimize savings and maintain regulatory compliance through proactive year-round strategies.
Audit Services
Our AICPA Peer Review-certified audit services provide maximum assurance through comprehensive examinations of financial records. Specializing in HUD compliance audits and not-for-profit entities, we identify operational efficiencies while ensuring adherence to accounting standards. We deliver actionable insights that enhance financial transparency and support informed business decisions.
Estate Planning
We create holistic estate plans that facilitate smooth asset transfer while minimizing tax burdens. Our services address business succession, spousal security, and charitable giving through tailored trusts and wills. We coordinate with legal professionals to ensure comprehensive estate strategies that align with clients' personal and financial objectives.
IRS Representation
Our team advocates for clients during IRS audits and tax disputes with proven expertise in resolving complex issues. We handle correspondence, negotiations, and appeals while ensuring compliance with tax regulations. Our proactive approach aims to resolve matters efficiently while protecting clients' financial interests throughout the process.
People
Robert A. King
Founder/CPA
Certified Public Accountant since 1982 with MBA from Rutgers University. Holds Certified Valuation Analyst designation since 1995. Author of tax planning publications and former adjunct professor with 25+ years of audit experience in HUD and ferry industries.
Jeannine Lesse
CPA
Certified Public Accountant since 2004 with expertise in QuickBooks, tax preparation, and financial statement audits. Specializes in HUD project compliance and serves diverse clients through comprehensive accounting solutions.
Questions
What accounting services do you offer for small businesses?
We provide audits, reviews, compilations, financial forecasting, and bookkeeping tailored to small business needs.
How can you help with business succession planning?
Our experts develop transition strategies addressing tax implications, ownership transfer, and operational continuity.
Do you handle complex tax situations?
Yes, we specialize in estate taxes, business valuations, and IRS dispute resolution for individuals and corporations.
What sets you apart from other accounting firms?
Our unique combination of Certified Valuation Analyst expertise, HUD audit specialization, and personalized client approach.
How do you stay updated on tax law changes?
Through mandatory continuing education and active membership in AICPA and NYSSCPA professional development programs.
