Industries Served

At Tristate Accounting, we strive to best serve your businesses and the industries you represent. Over the years, our staff has gained unique industry knowledge. We use that understanding to service your tax, accounting, advisory needs so that you remain competitive in the marketplace.

Leading Through Change In Your Tri-State Small Business

Goodness gracious, has there ever been change this year. I'm mostly referring to all of the new regulations in the tax code: the fact that strategies that "used to work" to reduce our clients' tax burdens might not work in the same way as they did in the past.Politics...

Passing Down Your Tri-State Family Business

There is talk right now that Congress might enact automatic forgiveness for all PPP loans under $150K. This would be a sigh of relief for Tri-State small businesses (and their accountants!) everywhere. Nothing has been passed, but it's under strong consideration.And,...

Solving Problems in Tri-State Businesses with Effective Solutions

There's this idea out there among many wannabe Tri-State business owners that they have to come up with the next completely fresh idea in order to have a great business. Shows like Shark Tank (which I love) go towards creating this kind of mindset -- although the...

Key Reminders For Tri-State Businesses for the Last Quarter of 2019

Things certainly haven't gotten CALMER over the past week.Whether it's the rumors of recession (or worse), continued chaos in the political world (and still over a year away from elections -- yikes), increasing cultural division, or something more local, it's a mess...

The “Profit First” Framework for Tri-State Businesses

You might have heard the term "profit first accounting" buzzing around Tri-State business circles as of late.The philosophy was made popular by Mike Michalowicz and his book, Profit First. His theories have blossomed into reality for many business owners.Today, I...

Use These Financial Reports For Business Decisions By Deepak Aggarwal

Just in time for the weekend, the IRS issued Friday-evening guidance about the overly-hyped (at first) payroll tax "holiday".There was initial hope that this might be a great shot-in-the-arm for Tri-State businesses and employees, but given how the thing is...

Aggarwal’s Key Reminders For Financial Peace

Last week I wrote about all the chaos that our culture seems to be experiencing, and how things feel like they are fraying around the edges.Well, not only do we seem to be more divided than ever (with a heaping slice of online bitterness thrown in), but each of us...

Why a Pre-Mortem Analysis for Any New Tri-State Business is a Necessity

Right about now, there are writers and analysts already preparing the articles about why the Trump campaign failed. AND right about now, they might be doing the exact same thing in regards to the Biden campaign.Obviously, as of this writing, we have no idea what's...

What Your Tri-State Business Should Do If They Received PPP Funding

I promise that one day I'll write to you and my Tri-State area readers about matters other than government aid, the CARES Act, PPP/EIDL, and whatnot.But as we all keep saying: these are extraordinary times. Pick your cliche -- it all fits right now.But here is a piece...

Tri-State Businesses Should Focus Less On Sales Pitch And More On Adding Value

This summer has been rough. Our culture seems to be fraying around the edges (if not worse), and even if you are successful at staying focused on what's most important for you, your family, and your business, it's difficult not to be troubled at some level by our...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!