Retail

Solutions Tailored to Your Business

 

MichaelSilver serves a broad range of retail clients. In addition to our traditional tax and accounting services, such as compilations, reviews, audits, and tax return preparation, we also provide consulting services tailored to address issues unique to the retail industry. Our vast experience and understanding of retail businesses put us in a unique position to help you and your company succeed.  We can address:

 

  • Inventory Issues
  • Cash Management
  • Financing
  • Profitability Analysis of Individual Product Lines
  • Payroll and Employee Benefit Issues
  • Proper Tax Reporting of Gift Certificates
  • Sales and Use Tax, Including Managing Tax Audits
  • Optimization of Accounting Income While Minimizing Tax Burden
  • Consulting on Issues Such as:
    – Assistance with Banking Relationships
    – Personnel and Human Resource Matters
    – Lease Negotiations
    – Organization Structure
    – Boards of Advisors
    – Marketing Strategies

We provide consulting services tailored
to address your unique business.

Joseph P. Roznai

Joseph P. Roznai

CPA, CGMA, Partner

Silver Advantage Alerts

Preparing for Tax Changes in 2025

The Tax Cuts and Jobs Act (TCJA) of 2017 significantly changed the Internal Revenue Code and lowered tax rates for individuals and businesses. Many of the TCJA’s changes will expire at the end of 2025 unless Congress and the President act to extend them or make them permanent. Whether this will happen largely depends on the outcome of the November elections. It is important to be prepared to take action should the sunset of these provisions occur.

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