Business Details
18 Years
experience
Trusted Accounting & Tax Services in Wayne, NJ
At 123 Accounting Services, we are dedicated to delivering tailored accounting, bookkeeping, and tax solutions for small businesses and individuals. As a local Wayne CPA firm, we combine competitive pricing with personalized service to help clients maximize resources and achieve financial success. Our expertise spans financial statements, budgeting, cash flow management, and tax planning, with a focus on minimizing liabilities and improving profitability. With over 30 years of industry experience, including 19 years as a business owner, our lead CPA brings real-world insights to every client engagement. We specialize in QuickBooks support, new business advisory services, and customized accounting packages designed to meet the unique needs of diverse industries.Our commitment to excellence is reflected in our proactive approach to client education, transparent communication, and ongoing financial guidance. We understand the challenges small business owners face and provide practical solutions to streamline operations and reduce stress. From incorporation services to IRS problem resolution, we serve as a trusted partner in helping clients build sustainable, profitable businesses. Our team maintains active memberships in professional organizations such as AICPA and NJSCPA, ensuring our practices remain current with industry standards. Whether you're launching a new venture or managing an established business, we offer the expertise and support needed to navigate complex financial landscapes with confidence.
Services
Bookkeeping Services
Tax Preparation
QuickBooks Support
Financial Statements
Cash Flow Management
IRS Problem Resolution
New Business Advisory
Tax Planning
Details
- Year established: 2008
Highlights and features
- We offer 19+ years of real-world business ownership experience combined with CPA expertise
- Our customized accounting packages address unique industry-specific needs
- We provide proactive tax planning strategies to minimize liabilities
- We deliver personalized financial reports for informed business decisions
- Our QuickBooks Pro Advisor certification ensures expert software implementation
Associations and certifications
- AICPA
- NJSCPA
- ASTPS
- AICTC
- AASBC
Services
Bookkeeping Services
Our bookkeeping services ensure accurate financial tracking through organized record-keeping and up-to-date reporting. We handle accounts payable/receivable, payroll processing, and bank reconciliations to maintain financial clarity. Clients receive timely, detailed reports that support informed business decisions and regulatory compliance.
Tax Preparation
We provide comprehensive tax preparation for businesses and individuals, maximizing deductions while ensuring compliance. Our team stays current with tax code changes to identify savings opportunities. From income tax returns to quarterly filings, we handle complex documentation with accuracy and timeliness.
QuickBooks Support
As QuickBooks Pro Advisors, we implement and optimize accounting software solutions tailored to business needs. Our support includes system setup, data migration, and training to improve financial workflow efficiency. We ensure proper configuration for accurate financial tracking and reporting.
Tax Planning
Our proactive tax planning identifies year-round strategies to minimize liabilities and maximize savings. We analyze business structures, income streams, and expenses to develop customized plans. Regular consultations help clients stay prepared for tax seasons and regulatory changes.
New Business Advisory
We assist entrepreneurs with business formation, financial systems setup, and tax structure selection. Our advisory services cover budget creation, cash flow projections, and accounting software implementation. Clients receive strategic guidance to establish strong financial foundations for long-term success.
People
Patricia D. Rivera
CPA and Founder
With 19 years as a business owner and 30+ years in transportation/accounting industries, Patricia provides expert financial guidance. She holds CPA certification and specialized accreditations in relocation and tariff applications.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, financial statements, cash flow management, QuickBooks support, and tax planning tailored to small business needs.
How can you help reduce my tax liability?
Our proactive tax planning identifies deductions and strategic approaches to minimize liabilities while maintaining full compliance with tax regulations.
Do you work with businesses outside Northern New Jersey?
While based in Wayne, NJ, we serve clients nationwide through virtual accounting solutions and remote software support.
What experience do you have with QuickBooks?
Our team includes QuickBooks Pro Advisors with expertise in system implementation, customization, and ongoing software support for businesses.
How do you handle IRS tax problems?
We assist with IRS audits, payment plans, and resolution strategies to address tax issues while protecting client interests.
Can you help with starting a new business?
Yes, we provide startup advisory services including business structure selection, financial system setup, and tax registration assistance.
