Eshel, Marcovich, Cohen CPAs - a combination of two leading U.S. and Israeli based CPA firms.
With offices located in New York City, Hauppauge, N.Y., and in Tel-Aviv and Haifa, and with a staff of some 60 U.S. and Israeli tax professionals, our firm provides the full range of quality financial, accounting and tax services to thousands of public and private clients in both countries.
Being a unique and the experienced US-Israeli CPA firm knowledgeable in the tax laws of both countries, we offer our clients a wealth of professional expertise in tax planning and compliance, and in developing and finding innovative and sound tax strategies which maximizes tax savings whilst minimizing potential US and Israeli tax bills.
Our firm’s mission is based on a series of core values that emphasize qualities such as responsive leadership and personal accountability – all aimed at best serving our clients while retaining the highest level of professional conduct.
Our firm’s reputation lies in building lasting relationships with our clients and a focus on delivering value in all we do. We share our knowledge and expertise to help you reach the goals you set for yourself.
Our firm provides the following U.S. and Israeli services to our clients:
• U.S. and Israeli Tax Preparation Services – Our staff is expert in all aspects of U.S. and Israeli taxation, reporting and compliance, and voluntary disclosure, and prepares all of the necessary tax forms required by both countries. These include U.S. federal and state tax returns for individuals (1040/1040NR), companies, partnerships, trusts, estates and not-for-profit organizations and Israeli tax forms. We also provide representation before the tax authorities in both the U.S. and Israel.
• Bookkeeping Services – Our firm provides full-charge bookkeeping services, including general journal and subsidiary ledger maintenance, bank statement reconciliation, accounts receivables and payables tracking and analysis to both U.S. and Israeli companies and not-for-profit organizations.
• Financial Accounting - We have the knowledge and experience necessary to help you with your complex financial accounting issues. Our professional services include: financial accounting and audits, company valuations, regulatory compliance and reporting, preparation of financial statements and reports, preparation of business plans and financial projections, assistance with obtaining bank financing and capital markets transactions.
• Payroll Services – Our firm provides comprehensive payroll preparation services for many Israeli companies and businesses and offers ongoing consulting in regard to labor laws in Israel and the US.
• Business Consulting Services - Our team has decades of experience providing business consulting services and a track record of significant contributions to our clients’ competitiveness and profitability. Our in-depth business consulting expertise includes:
• Corporate Planning We work closely with clients in every phase of the development of a successful management strategy to ensure a compelling plan that achieves short and long-term goals. We determine funding requirements through cash flow analysis and financial forecasting, identify viable resources, recommend structural alternatives, and negotiate final terms.
• Financial Resource Assessment Strategic planning today prepares clients for the challenges and opportunities of tomorrow. Companies in every industry and service sector must position themselves defensively in accordance with market conditions. As the economic environment changes, we provide clients with the expertise to successfully capitalize on emerging and future opportunities. These services include debt restructuring and refinancing, assistance in turnaround situations and asset recovery services for lenders.
Our professional services also include offering advice and consultation on the following matters:
• ITIN application for non-U.S. persons – our firm is an IRS “Approved Acceptance Agent” • Entity choice and company formation services – Corporations, Partnerships, LLCs, Trusts • Real-estate investment formation and taxation • Multi-state taxation and nexus (sales tax) consulting • Retirement planning • Estate and Gift tax planning • U.S. and Israeli tax planning and optimization • Israeli tax rights and benefits for Olim and תושבים חוזרים • U.S. Voluntary Disclosure for prior non-filing of U.S. tax returns
Our firm currently serves thousands of clients in the U.S. and Israel. These include: • U.S. citizens living in Israel • U.S. citizens with investments or businesses in Israel • Israeli’s with business or real-estate investments in the U.S. • Israeli’s temporarily working in the U.S. • Subsidiaries of Israeli companies operating in the U.S. • Subsidiaries of U.S. companies operating in Israel • Small to medium sized businesses • Partnerships • Companies • Not-for-Profit Organizations
