Business Details
8 Years
experience
Trusted Accounting Services in Phelps, NY
James, Cheney CPA, CPA, PLLC operates as a full-service accounting firm dedicated to providing personalized financial guidance to individuals and businesses in the Finger Lakes Region. With extensive professional experience in tax, accounting, and business consulting, the firm prioritizes one-on-one client relationships to address unique financial needs. The practice focuses on proactive tax planning, accurate return preparation, and comprehensive business advisory services, leveraging decades of local market expertise. By maintaining a sole proprietorship structure, the firm ensures clients receive tailored attention from a trusted advisor familiar with regional economic dynamics. Services include payroll processing, financial statement preparation, business valuations, and forensic accounting, all delivered with a commitment to minimizing tax liabilities and maximizing long-term financial growth.The firm emphasizes transparency in operations, offering free initial consultations to local community members. Through continuous monitoring of tax law changes, the team provides up-to-date strategies for compliance and financial optimization. This client-centric approach combines technical expertise with personalized service to support both individual taxpayers and small-to-midsize enterprises. The firm's reputation is built on decades of consistent, reliable service delivery and adherence to professional accounting standards.
Services
Tax Services
Payroll Services
Accounting Services
Business Consulting
Forensic Accounting
Details
- Year established: 2018
Highlights and features
- We offer over 20 years of local accounting expertise in the Finger Lakes Region
- Our team provides personalized tax planning strategies tailored to individual needs
- We deliver comprehensive business consulting services beyond basic accounting
- Our sole proprietorship structure ensures direct access to the managing CPA
- We guarantee free initial consultations for all local community members
Services
Tax Services
Comprehensive tax assistance includes year-round compliance management, business and estate tax planning, and representation before tax authorities. Our seasoned staff proactively monitors tax law changes to implement updated strategies that minimize liabilities while maximizing financial growth for individuals and corporations through accurate return preparation and strategic planning.
Payroll Services
Efficient payroll solutions cover tax form filings, electronic payments, and comprehensive reporting. Our experts handle all aspects of payroll compliance including quarterly filings, withholding calculations, and unemployment tax reporting. We provide scalable services for small businesses needing basic processing through complete payroll management with direct deposit options and regulatory compliance assurance.
Accounting Services
Full spectrum accounting services include bookkeeping, financial statement preparation, and GAAP-compliant reporting. Our team provides detailed analysis of receivables/payables, bank reconciliations, and customized financial reporting. We offer compilation and review services for businesses requiring audit-ready financial statements while maintaining accurate records essential for informed business decision-making and regulatory compliance.
Business Consulting
Strategic business consulting covers entity selection, valuation, and succession planning. Our services include market evaluations for new businesses, financial forecasting, and management strategy development. We assist with purchase/sale analysis, risk management, and operational efficiency improvements while providing specialized expertise in business transformation and exit planning to ensure long-term organizational sustainability.
Forensic Accounting
Specialized forensic accounting services address business valuations, fraud detection, and litigation support. Our experts provide detailed economic damage calculations and expert testimony for legal proceedings including partnership dissolutions and matrimonial disputes. The service combines accounting expertise with investigative skills to uncover financial irregularities and support legal proceedings with accurate, court-ready analysis.
People
James, Cheney CPA
CPA
James, Cheney CPA has over 20 years of experience in public accounting, specializing in tax strategy and business consulting. He focuses on personalized client relationships, offering free local consultations. His expertise spans corporate and individual tax planning, business valuations, and financial strategy development for Finger Lakes Region clients.
Questions
What accounting services do you offer?
We provide tax preparation, payroll processing, financial statement preparation, business consulting, and forensic accounting services for individuals and businesses in the Finger Lakes Region.
Do you serve businesses outside the Finger Lakes Region?
While our primary focus is the Finger Lakes Region, we can provide remote accounting services to clients throughout New York State and select neighboring areas.
What are your office hours?
Our Phelps office operates Monday-Friday 8:00am-4:00pm Memorial Day to Columbus Day, and 8:30am-5:00pm during other months with evening and Saturday appointments available.
Can you help with business startup services?
Yes, we offer business entity selection, market evaluations, and regulatory compliance assistance for new businesses in the Finger Lakes Region.
Do you offer free consultations?
We provide free initial consultations for local community members needing basic tax or accounting advice at our Phelps office location.
