Sal E. Palilla is the managing partner of SPG CPAs LLP. Sal has a Bachelors degree in Accounting from Queens College and a Masters of Business Administration (MBA) in Accounting and Taxation from St. Johns University to complement his CPA. He is also a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of CPAs (NYSSCPA). With over thirty years of accounting experience in both the private and public sectors, Sal has built a comprehensive network of professionals with whom he has worked closely during this time. His reach goes far beyond his expertise in accounting and taxation as he brings to the firm professionals who can assist businesses and individuals in areas such as Insurance, Employee Benefits, Real Estate Brokerage, Estate Planning, Retirement Planning, Investments and Legal Services, just to name a few. With such an extensive network of associates combined with our expertise, experience and energy, SPG ensures that each client receives close personal and professional attention.
The firm serves a broad base of clients in the Metropolitan New York area who are involved in Real Estate Rental and Investment, Legal and Consulting Services, Oil Trading, Printing, Publishing, Franchises, Retail, Distribution, Mail Lists, Property Management, Fitness, Recruiting, Medical Billing, Document Storage and many others. The firm prides itself in building strong personal relationships, as is evidenced by its impressively high client retention rate.
SPG CPAs LLP adheres to the principles of responsiveness and quality. Clients who choose our firm rely on competent advice and fast, accurate personnel. Since we derive most new business from our client base, referrals have fueled our growth in recent years.
Our firm operates out of three locations which include its main office in the heart of Manhattan at 1740 Broadway and other offices in Nassau County, Long Island and Bergen County, New Jersey. This presence enables prospective and existing customers to meet with the staff of SPG at their own convenience.
An accounting firm is known for the quality of its service. Our reputation reflects the high standards we demand of ourselves. Our staff is subject to strict continuing professional education requirements to improve our technical expertise. The primary goal of a trusted advisor is to provide insightful advice that will enable our clients to make informed financial decisions. Our commitment to excellence is proven by delivering the highest quality of service and this has resulted in maintaining long standing and positive relationships with our clients.
Founder, Partner, CPA
Our business is dependent on our clients' success. We work hard to put you first. We're not just a service provider for your company - we are your partners and we want you to succeed.
Just because your accountant uses an accounting software doesn't mean they are truly leveraging technology to your benefit. We leverage various innovative softwares and platforms so you can get the most out of our services.
We're there for you when you need us the most. We work around the clock to make sure that any requests you have are immediately responded to - call or email us and we guarantee a fast response.
As a small business owner, you have more important things to worry about than keeping your own books. We take care of the bookkeeping for you, so you can get back to the job of running your business and generating profits. We will prepare a Balance Sheet and Income Statement for your review on a monthly and/or as needed basis.
All areas of individual taxation, including but not limited to foreign tax issues, self-employed filings, real estate rental income/expenses, and partner/shareholder allocations from partnerships and s-corporations. Today's tax laws are so complicated that filing a relatively simple return can be confusing. It is too easy to overlook deductions and credits to which you are entitled.
Regardless of the business' size, we are able to assist in navigating the complicated Federal and State Tax Laws that businesses of all size encounter. We file tax returns for Single Member LLCs, Partnerships, Corporations, and S- Corporations. We generate K-1 Forms for the partners of partnerships or shareholders of S-Corporations.
When it comes to paying employees, the IRS has made the payroll function a time consuming nightmare for the small business owner. We offer payroll solutions that meet your business' needs and will enable you to link the payroll software with your bookkeeping to eliminate duplicate work.
We will compile the data necessary to prepare the required monthly, quarterly, or annual sales tax returns
Quickbooks is the ideal business accounting software for small to mid-sized business owners. We will evaluate your business needs and recommend the appropriate Quickbooks Version, as well as whether a cloud based version would be most suitable for your company.
Before using SPG CPAs, my previous CPA was performing the bare minimum, filing taxes and running payroll. After hearing from a friend about SPG CPAs, I decided to give them a shot. I've been working with them for three years, and SPG is the best CPA firm I've ever worked with. They are always accessible, via email and via phone. He is not only our CPA but also acts as a remote working CFO for us. He is the go to person if anyone has any issues, whether it's financial, legal, or HR at our office.
Ari Eryorulmaz, AE HospitalityI've worked with several different accounting firms over the years, and have paid a lot of money for bad service. I have an incredibly complicated financial profile, and SPG CPAs does a WONDERFUL job of keeping everything organized and filing my returns on time! It's so liberating to be able to have so much peace of mind when it comes to my books.
Grant Powell, PomegranateI have been working with SPG for about a year. They quickly earned my trust, and all the accounting and bookkeeping work that the multiple entities that I operate required. In business, my books and accounting practices were often what gave me the most stress. Since working with them I actually feel - for the first time - that this aspect of my business is finally in order. They have helped me organize my CORE company, an array of real estate and business investments, and has even helped me with the sale of a company that I had spent my entire professional career building. I highly recommend SPG, as his work ethic and understanding will equate to peace of mind for any business operator when it comes to accounting and bookkeeping. He is ethical and his work ethic is second to none.
Philip Kafka, Prince Media CoAre you taking care of an elderly parent or relative? According to the U.S. Census Bureau, there were 44.7 million people age 65 and older in the United States in 2013, more than 15 percent of the total population.
Starting a new business is an exciting, but busy time with so much to be done and so little time to do it in. And, if you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That's where a tax professional can help.
What should you do if you already filed your federal tax return and then discover a mistake? First of all, don't worry. In most cases, all you have to do is file an amended tax return. But before you do that, here is what you should be aware of when filing an amended tax return.
1740 Broadway, 15th Floor
New York, NY 10019
E gpalilla@spgcpas.com
P (646) 344-4213 ext 1
F (516) 908-4528
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