Accounting

As Certified Public Accountants, G.R. Reid is ultimately responsible for measuring, processing and communicating your financial information.

We work to ensure that your financial records are accurate and that taxes are paid properly and on time. We assess your financial activities, measure results and work to help ensure that your personal and business activities are efficient. G.R. Reid is a full-service accounting firm offering an extensive comprehensive approach to your business activities and needs. We are properly staffed to provide intimate hands on services to complement any size business. Long-term relationships require constant care and nurturing to succeed. Our success in establishing and building relationships makes us more than just an accounting firm. We’ve earned a reputation as a caring and nurturing firm whose relationships with clients have been built on a solid platform of dependability and trust. G.R. Reid professionals are not content to just service our clients accounting or financial requirements annually. Instead, we are dedicated and eager professionals who invest the time and effort to understand your business and personal financial ambitions and go the distance to ensure that they come to realization.

  • Accounting & Bookkeeping Services

    Our relationships with clients have been built on a solid platform of dependability and trust.

    G.R. Reid Associates, LLP is a full-service accounting firm offering an extensive comprehensive approach to your business activities and needs. We are properly staffed to provide intimate hands on services to complement any size business.

    Long-term relationships require constant care and nurturing to succeed. Our success in establishing and building relationships makes us more than just an accounting firm. We’ve earned a reputation as a caring and nurturing firm whose relationships with clients have been built on a solid platform of dependability and trust. G.R. Reid Associates, LLP professionals are not content to just service our clients accounting or financial requirements annually. Instead, we are dedicated and eager professionals who invest the time and effort to understand your business and personal financial ambitions and go the distance to ensure that they come to realization.

  • Starting a Business

    Our experience and knowledge in business formation and obtaining financing can be crucial in getting your new venture started.

    More specifically, we can help you:

    • Select the Proper Form of Business (Partnership, LLC, Corporation)
    • Register with Government and Tax Authorities
    • Install and Train Your Staff on the Appropriate Accounting Software
    • Identify and Locate Applicable Financing Methods and Resources

  • Serving Your Business

    We help ensure the long-term success of your business.

    Our expertise in management consulting, financial reporting and tax planning can help ensure the long-term success of your small or medium-size business. We offer the following services:

    • Full Range of Bookkeeping and Accounting Services
    • General Ledger Review and Account Reconciliations
    • Payroll Processing
    • Sales Tax Compliance
    • Outsourced Controller and Business Consulting Services
    • Human Resource Management
    • Retirement and Pension Plan Implementation
    • Succession Planning
    • Automated Accounting System Implementation

  • Tax Services

    We provide clients with a fresh and innovative approach to tax preparation, tax planning, compliance, and consulting services.

    G.R. Reid Associates, LLP provides clients with a fresh and innovative approach to tax preparation, tax planning, compliance, and consulting services. Our highly-skilled partners, principals, managers and staff of professionals are specially trained to handle your tax-related issues. Each member of the G.R. Reid team undergoes ongoing training to ensure that they are informed of the latest developments in tax law.


    Businesses:

    • Corporate Tax Preparation
    • Partnership & LLC Tax Preparation
    • Tax-Exempt Organization Tax Returns
    • Fiduciary Tax Returns
    • Compensation & Benefits Planning
    • IRS & NYS Collection & Audit Representation
    • Sales & Use Tax Preparation
    • State and Local Tax
    • Sales & Use Tax Services
    • Controversy Resolution


    Individuals:

    • Individual Tax Preparation
    • Individual Tax Planning
    • Estate, Gift & Trust Planning
    • Retirement Planning
    • IRS & NYS Collection & Audit Representation

  • Assurance Services

    We provide our business clients with an independent, objective view of their risks, systems, and financial status.

    G.R. Reid Associates, LLP audit and assurance services provide our business clients with an independent, objective view of their risks, systems, and financial status. Our audit approach entails compiling and analyzing information about our clients’ business and industry environment throughout the year. Our insightful understanding of your business will help you develop improved internal controls, safeguard your assets, build sound strategies, and maximize opportunities. Our comprehensive audit, review and compliance team provides us the expertise to identify risks, respond to regulations of AICPA and FASB, and evaluate your systems and processes.
    Our ultimate goal is to provide our clients with a quality report performed in a timely, efficient manner, and to provide information that enhances management’s ability to effectively monitor and control the activities of their business.


    Our Assurance Services:

    • Audits of Financial Statements
    • Employee Benefit Plan Audits
    • Compilation and Reviewed Financial Statements
    • Agreed-upon Procedures
    • Due Diligence
    • Merger and Acquisitions
    • Forecasts and Projections
    • Internal Control Assessment, Design and Implementation
    • Reviews of Quality Control
    • Compliance with Regulatory or Contractual Agreements
    • Assistance with Internal Audit Activities
    • Budgeting Assistance

  • Payroll Processing

    Our team of knowledgeable payroll professionals are up-to-date on compliance and regulatory issues.

    One of the most time consuming and expensive tasks for a business owner is to process their own payroll. Spending countless hours to stay informed of tax laws and constant changes in procedures doesn’t help you grow your business. In fact, it can be counter- productive. G.R. Reid Consulting Services, LLC can manage and handle your payroll for you, so you can focus on the big picture.
    Our team of knowledgeable payroll professionals work hard to stay up-to-date on compliance and regulatory issues so you don’t have to. We provide efficient, affordable and secure payroll and business services to small and medium size businesses. Whether you have one person to pay or hundreds, we can offer a customized solution, designed to suit your needs. G.R. Reid Consulting Services, LLC works with you to provide a smooth transition from your current provider in an efficient and effective way.


    Payroll Services:

    • A Dedicated Payroll Specialist Assigned to Your Account
    • In-depth Management Reporting
    • 100% Guaranteed Tax Payment Service
    • Secure, Online Processing Without Losing Your Specialist
    • Environmentally Friendly Paperless Payroll

  • Business Management Services

    Our efficient use of time and resources ensures that your important business management tasks are accomplished

    Planning, communication, management and execution are key in operating a successful enterprise. The highly skilled and efficient team at G.R. Reid works with our small and medium business clients to ensure that budgets, transactions and timelines are met and that their organization reaches its full potential. Our full suite of business management services includes:

    • Bill Paying and Bookkeeping Services
    • Banking Transactions
    • Collection and Depositing of Funds
    • Cash Flow Management & Budgeting
    • Income Tax Preparation and Tax Planning
    • Contract Review
    • Estate Planning
    • Review of Investments
    • Touring
    • Medical Claims
    • Assistance with Real Estate Transactions and Business Acquisition