Press Releases
Anchin launches Business Recovery Services
December 17, 2008
NEW YORK, NY -- Anchin, Block & Anchin LLP has created a multidisciplinary team of experts to provide Business Recovery Services to help the privately-held business owner succeed during tumultuous economic times.
“Over the years, Anchin has developed true expertise in a number of highly specialized advisory areas particularly valuable to businesses in an uncertain economy,” said Managing Partner Frank A. Schettino. “The services represented in this group include a number of tax, wealth preservation, financing/restructuring, cost reduction, and business advisory services that go well beyond the traditional professional services provided by public accounting firms.”
The specialized advisory services provided by the professionals in Anchin’s Business Recovery Services Team include:
- Tax Review Services, including cost segregation, research and development credits, and other tax credits that are often overlooked.
- Wealth Preservation. In uncertain economic times, it is critical to review your assets, investments, and estate plan with professionals in each of these areas.
- Financing/ Restructuring. Professionals from two key Anchin teams, merger and acquisition services and economic development services, explore numerous ways to help you achieve your personal and business goals, whether those goals include an expansion, contraction, or relocation of your business.
- Cost Reduction/ Efficiency Services. This review examines a number of key operating cost centers, energy costs, and insurance costs (both personal and business). Our reviews often results in savings of 30 to 40 per cent in these areas to our clients.
- Business Advisory Services. Key areas to examine, with the help of business advisors, include expanded distribution channels, a reorganization or reduction of your staff, and other marketing issues.
“True business advisors prove their value in an uncertain economy,” Schettino said. “That’s exactly why we have pulled together this team of experts to help the privately-held business owner through these tumultuous times.”
Anchin, Block & Anchin LLP today is recognized as one of the “best of the best” accounting firms in the country (Inside Public Accounting), a Best Accounting Firm to Work For (Practical Accountant), and a Best Place to Work in New York State. The full-service firm, with 54 partners and a staff of more than 400, serves privately-held businesses and high net worth individuals with a wide range of traditional and non-traditional advisory services, including financial statement preparation; tax planning and compliance services; economic development and tax incentives; management and succession advisory services; litigation support, forensic accounting and valuation services; merger and acquisition services; and wealth management.
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