# Who We Help: CPA Services by Situation - Shree Accounting LLCSource: https://shreecpas.com/who-we-help/ Publisher: Shree Accounting LLC, 688 Tabor Road, Morris Plains, NJ 07950 · (201) 888-1035 · pras@shreecpas.com> Tax and accounting help by situation: families, executives, the self-employed, Americans abroad, small and mid-sized businesses, practices and nonprofits.# Who We Help: CPA Services by SituationTax and accounting help by situation: families, executives, the self-employed, Americans abroad, small and mid-sized businesses, practices and nonprofits.Every taxpayer’s needs build on the step before. Find yours below, in order from a family return to a mid-sized company’s finance function, and follow the links for detail. Not sure where you fit? The [free readiness check](https://shreecpas.com/tax-tools/) takes three questions, and our [industry guide](https://shreecpas.com/industries/) covers the issues specific to your sector.**Individuals:** families · professionals and executives · self-employed · Americans abroad **Businesses:** small businesses · growing and mid-sized · professional practices · nonprofits, HOAs and family offices## Individuals### 1. Individuals and familiesA well-prepared return is the base. Planning matters most when life changes.- Filing status, the Child Tax Credit and education credits - 529 plans for college and, from 2026, up to $20,000 a year of K-12 costs - Buying or selling a home, and rental property - Retirement contributions, Roth conversions and required distributions - Moving into or out of New Jersey or New York in the same year**Start here:** [tax preparation](https://shreecpas.com/services/tax-preparation/) , [tax planning](https://shreecpas.com/services/tax-planning/) .### 2. Professionals and executivesHigher W-2 income adds equity pay, two-state wages and withholding that falls short.- RSUs, ESPPs and stock options, and the 22% withholding gap - New York wages for New Jersey residents, and the resident credit - The net investment income tax and the alternative minimum tax - Estimated payments that avoid the underpayment penalty - Deferred compensation and charitable giving**Start here:** [executives and high earners](https://shreecpas.com/services/tax-planning-for-high-earners/) , [RSUs, ESPPs and stock options](https://shreecpas.com/services/equity-compensation-tax/) , [NJ/NY commuter tax](https://shreecpas.com/services/nj-ny-commuter-tax/) .### 3. Self-employed and 1099 earnersWorking for yourself adds self-employment tax, quarterly estimates and records to keep.- Quarterly estimated payments, federal and New Jersey - Home office, vehicle and other ordinary business expenses - Solo 401(k) and SEP retirement plans - When an S-Corp election starts to pay off, and the reasonable salary that comes with it - Simple bookkeeping that makes the return easy**Start here:** [tax planning](https://shreecpas.com/services/tax-planning/) , [bookkeeping, payroll and tax](https://shreecpas.com/services/small-business-accounting/) .### 4. Americans abroad and cross-border familiesUS citizens are taxed worldwide, so living or earning abroad adds its own filings.- Foreign earned income exclusion or foreign tax credit, compared each year - FBAR and FATCA reporting of foreign accounts - Foreign pensions, rental property and investment funds - Moving back to the US, and state residency on return**Start here:** [international and expat tax](https://shreecpas.com/services/international-expat-tax/) .## Businesses and organizations### 5. Owner-run small businessesThe business and its owner are taxed together, so one firm should see both.- Monthly bookkeeping, payroll and sales tax handled by the firm that prepares the return - Choosing an entity, and S-Corp reasonable salary - New Jersey BAIT for S-Corps and partnerships - The owner’s personal return and estimated payments**Start here:** [small business bookkeeping, payroll and tax](https://shreecpas.com/services/small-business-accounting/) , [client accounting services](https://shreecpas.com/services/client-accounting-services/) .### 6. Growing and mid-sized companiesGrowth adds staff in other states, lenders and investors, and a finance team to support.- A monthly close and reporting package checked by a CPA - Cash forecasting, budgets and lender or investor reporting - Payroll and income tax in every state where you have people or sales - Training for in-house accountants, and systems and automation that cut manual work**Start here:** [client accounting services](https://shreecpas.com/services/client-accounting-services/) , [CFO advisory](https://shreecpas.com/services/cfo-advisory/) , [multi-state tax](https://shreecpas.com/services/multi-state-tax/) , [finance automation and AI tools](https://shreecpas.com/services/finance-automation-ai/) .### 7. Professional practicesHealthcare, law, consulting and design firms are usually partnerships or S-Corps with high-earning owners.- Owner and partner compensation, and partner basis - BAIT and PTET elections for New Jersey and New York owners - Retirement plans that allow larger owner contributions - Equipment purchases and build-outs timed to income**Start here:** [tax advisory](https://shreecpas.com/services/tax-advisory/) , [tax planning](https://shreecpas.com/services/tax-planning/) .### 8. Nonprofits, HOAs and family officesOrganizations and family structures have their own returns and reporting duties.- Form 990, 990-EZ or 990-N, and unrelated business income - Homeowner association returns (Form 1120-H or 1120) and reserve accounting - Trust and estate returns, gifting and estate planning with your attorney - Consolidated reporting for family entities**Start here:** [nonprofit accounting and Form 990](https://shreecpas.com/nonprofit-form-990-cpa-in-nj/) , [estate and wealth planning](https://shreecpas.com/estate-wealth-tax-planning-in-nj/) .Talk it through with a CPAA free 45-minute strategy session with an experienced CPA. We’ll look at your situation and tell you exactly what we’d do, whether or not you engage us.[Book a free strategy session](https://shreecpas.com/contact/) [(201) 888-1035](tel:+12018881035)--- General information, not tax advice for your situation.