About


James Liggett CPA is an certified public accountant, who holds a license to practice in New York and the surrounding communities. He holds nearly 3 decades of valuable experience, which encompasses providing accounting, audit and management consulting services to a wide variety of companies.

James Liggett CPA operates in the areas of private industry, corporate consulting, and public accounting.

Advisory to public and privately-held companies and assurance services are the fields which this highly experienced professional specializes in. The industries of his client-companies include wholesale distribution, technology, broker dealers and life sciences.

Corporate acquisitions, initial and secondary public offerings, private placements, and reverse mergers are the actions in which James Liggett CPA engages.

From 2012, for over 8 years, James Liggett CPA is a partner of Liggett & Webb P.A. in their office in New York.

For many years, James Liggett CPA has been assisting taxpayers and small businesses in the state of New York with taxes. As a an IRS registered tax preparer, James Liggett CPA has years of experience in tax preparation, tax planning, bookkeeping, estate and trust taxes, among others.

James Liggett CPA worked for a number of companies, throughout his wide career as a certified public accountant. He is also co-founder of the companies MLZ Partners LLP and Outsource Partners International. James Liggett CPA was a managing director at Outsource Partners International for more than a 2 years.

James Liggett CPA graduated at the Drexel University graduate. He has a Bachelor of Science Degree in Accounting/Management Information Systems.

This professional has been involved in the American Institute of Certified Public Accountants, New York and New Jersey State Society of Certified Public Accountants as an active member for many years.

Comments

Post a Comment

Popular posts from this blog

What Expenses are Deductible for a Company?

Image
In the United States, companies have deductible expenses which can be subtracted from the taxes payable on the tax return. All of them are related to the performance of any business and must justify their validity by means of an invoice and presented in a timely manner.
Read more

How Limited Liability Companies (LLCs) Are Taxed

Image
Limited Liability Companies, better known as LLCs, are the simplest and least expensive business structures in the United States. This legal structure combines the tax advantages of a company with the protection of personal responsibilities enjoyed by corporations. Unlike a sole proprietorship, an LLC is a completely separate entity from its owner or owners. In this way, business owners are protected from personal liability. However, according to James Liggett CPA , who has years of experience in assisting taxpayers and small businesses with taxes in the state of New York, when it comes to filing taxes, an LLC works much like a sole proprietorship. Here, James Liggett CPA answers the most frequently asked questions about how LLCs are taxed. What taxes must an LLC pay? For tax purposes, the IRS treats a member's LLCs as sole proprietorships. Liggett CPA explains that this means that the LLC itself does not pay taxes and you do not have to file a return with the IRS. If you are the s...
Read more

Employee Benefit Plan Audits

Image
  The United States Department of Labor (“DOL”) generally requires employee benefit plans (“EBP”) with 100 or more participants to have an audit as part of their annual Form 5500 filing. Employee benefit plan audits are unique in several ways. Most importantly, employee benefit plan audits should do more than support financial statements, EBP plan audits should also evaluate plan operations. These unique attributes of employee benefit plan inquiries require an intimate knowledge of the specific plan being audited, the Employee Retirement Security Act of 1974 (“ERISA”), the disclosure and disclosure requirements of the Department of Labor of the United States, in addition to generally accepted accounting principles and the AICPA audit rules The employee benefit plan accounts represent an area of ​​significant opportunity for auditors. In an article published in April 2020, Accounting Today reported that there are currently more than 83,000 audits of employee benefit plans conduc...
Read more