Angelo & Associates CPAs

An accounting practice built around therapists in private practice

Angelo & Associates is a boutique CPA firm with more than 40 years of experience, based in Clark, New Jersey. For many years its description was that of a general Union County accounting practice. Its current site is aimed at a narrower group: therapists and psychologists who own a private or group practice and would rather not deal with the financial side of running it.

Strategies the firm carries out itself

The firm designs custom tax strategies and bookkeeping arrangements, and it stresses that it does not leave the owner to put them into effect. Its team implements the work, with the lead CPA handling hands-on execution and the partners spending much of their time speaking with practice owners. The pitch is to save time, preserve mental energy and reduce tax.

Tax planning and preparation

Licensed CPAs handle strategic tax planning, estimated tax management, business returns and individual returns, with attention to deductions and compliance.

Bookkeeping and reporting

The bookkeeping service produces up-to-date financial reports. It includes QuickBooks and chart of accounts setup, bank account reconciliation and preparation of financial statements. Earlier material also mentioned QuickBooks training and ongoing maintenance, business formation and entity selection, and help with business loans and budgets.

Planning ahead

Advisory work covers growth strategy, financial planning and retirement plan consulting, so that practice owners can plan beyond the next filing deadline.

Angelo & Associates CPAs is a boutique accounting firm in Clark, New Jersey, in Union County. Its current work is built around therapists and psychologists who run private or group practices, taking the financial side of the practice off their hands. The firm designs tax strategies and then carries them out for clients rather than leaving owners to do it.

Products and services

• Tax planning and preparation: tax strategy, estimated tax management and business and individual returns.
• Bookkeeping: up-to-date records, bank reconciliation and financial statements.
• QuickBooks support: QuickBooks and chart of accounts setup, training and upkeep.
• Business advisory: growth strategy and financial planning.
• Retirement plans: retirement plan consulting for practice owners.
• Business formation: help choosing an entity and incorporating.

Clients

The firm focuses on therapists and psychologists in private and group practice, and earlier also served general business clients.

Key facts

• Based in: Clark, New Jersey, United States
• Experience: more than 40 years
• Team: Billy Angelo, CPA, ARPC; Rod Ciccone, CPA, MBA; and lead CPA Teresa