As a regional firm, Pressman Ciocca Smith serves clients in Pennsylvania, New Jersey, Delaware, Maryland, New York, Massachusetts, Florida and California. The Firm is a member of the PCAOB and the SEC and Private Companies Practice Sections of the American Institute of Certified Public Accountants which require the Firm to undergo the highest peer and quality reviews requiring the implementation of quality control procedures in accordance with standards established by the PCAOB and American Institute of Certified Public Accountants.

This membership qualifies Pressman Ciocca Smith to participate in public offerings, the most recent of which totaled in excess of $1.3 billion. These public notes were underwritten by leading Wall Street investment banks and reinforced the Firm’s reputation with local area banks enabling Pressman Ciocca Smith to ensure banking services for the Firm’s clients, including obtaining adequate credit options when required.

Pressman Ciocca Smith is a full-service firm with clients ranging from start-ups to companies with revenues in excess of $500 million. PCS is able to assist clients with customized certified audits, reviews, compilations or agreed-upon-procedures engagements.

Pressman Ciocca Smith provides services to both service and manufacturing clients with the following industries served: Automobile Dealerships, Communication/Broadcasting, Construction, Farming/Agricultural Development, Manufacturers, Medical Devices/Equipment, Hospitality, Professional Services (Insurance, Legal, Medical, Real Estate), Food Services, Microwave/Tower Management, Private Schools, Nonprofit Organizations and Wholesalers.

In today’s fast-paced, ever-changing environment, comprehensive tax strategies to minimizing costs require a dedicated team of resourceful and knowledgeable tax professionals. Pressman Ciocca Smith has over 70 years of expertise to assist clients in all phases of tax consulting including research, planning and preparation.

Membership in the American Institute of Certified Public Accountants Tax Practice Division enables our staff to stay abreast of the latest issues, developments and legislation. Our extensive personnel resources are further supported by the current technologies to provide the proactive tax planning clients require.

Business Services

• Tax minimization strategies
• Audit representation by federal, state or local government authorities
• Planning for installment sales, MACRS, IRC section 179, inventory valuation method changes, research and development cost analyses, disaster losses, organization costs, carrying charges, qualified plan contributions
• Start-up business activity planning, determination of entity form, tax year end, management structure, capital structure, compensation issues, employee perks, income and loss, retirement planning, financial reporting and tax compliance issues
• Business acquisition and disposition planning: negotiations, tax planning, due diligence
• State and local tax compliance issues
• Tax preparation for C corporations, S corporations, consolidated corporations, partnerships, multi-state businesses

In today’s fast-paced, ever-changing environment, comprehensive tax strategies to minimizing costs require a dedicated team of resourceful and knowledgeable tax professionals. Pressman Ciocca Smith has over 70 years of expertise to assist clients in all phases of tax consulting including research, planning and preparation.

Membership in the American Institute of Certified Public Accountants Tax Practice Division enables our staff to stay abreast of the latest issues, developments and legislation. Our extensive personnel resources are further supported by the current technologies to provide the proactive tax planning clients require.

High Net-Worth Services

Pressman Ciocca Smith will work with you as your tax advisor and partner, as well as a key member of your business consulting team to collaborate with investment managers, lawyers and others on your advisory team.

With a focus on developing tax strategies to extend and preserve wealth and address legacy concerns, the tax professionals at Pressman Ciocca Smith LLP will combine years of knowledge and experience in emerging issues to develop and implement tax strategies identifying and controlling the risks inherent in achieving your goals.

PCS resources will deliver valuable insight and objective analyses for informed decision-making. Our clients include owners of closely held businesses and ultra high net-worth families.

Services include:

• Individual income tax compliance and planning
• Estate and trust compliance and planning
• Tax savings strategy analyses and implementation
• Retirement planning
• Education planning
• Life insurance evaluations and strategies
• Multi-generational wealth transfer planning
• Charitable gifting strategies
• Family office services

In addition to the traditional audit, accounting, and tax services, Pressman Ciocca Smith performs a myriad of management support services focused on enhancing shareholder value including:

• Business Plans
• Cash Management
• Divorce Consulting
• Due Diligence Engagements
• ERISA Audits
• Estate Planning
• Financial Services
• Fraud Investigations
• Information System Audits
• Internal Audits
• Litigation Support
• Management Consulting
• Mergers, Dispositions and Acquisitions
• Personal Financial Planning
• Public Offerings
• Retirement Plans

Pressman Ciocca Smith LLP can develop a personalized plan of solutions to meet your needs in a cost efficient and timely manner. Contact us to get this process started.