Lenny Dinnerstein, CPA - Livingston NJ

Louis L. Dinnerstein
Certified Public Accountant

CPA, Livingston NJ
 


New Jersey Society Of Certified Public AccountantsFlorida Institute Of Certified Public Accountants

 
About Us
Accounting
Auditing & Assurance
Tax Prep/Planning
Peer Review Report
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Louis L. Dinnerstein, Lenny to all who know him, is a Certified Public Accountant, licensed in New Jersey and Florida. Lenny is a member of the American Institute of CPA’s, the New Jersey Society of CPA’s and the Florida Institute of CPA’s. Lenny holds a BA degree from Pace University, New York and has been practicing as a CPA for 35 years. Clients rely on Lenny to provide timely professional service in all areas of taxation and accounting. When you deal with this firm you deal with Lenny. When you call to talk to Lenny you get Lenny. You are never shuffled off to an inexperienced associate. Most of Lenny’s clients have been with him for more than 10 years. Personal attention and communication is what this practice is about. 

 
CASH BASIS
The cash method is the simplest method used to account for income and expenses. Income is reported when it is constructively received. Deductions are reported when they are paid. Taxpayer’s that elect to use the cash method for their businesses can take advantage of a very powerful tax planning tool, timing. A taxpayer using cash basis can elect to delay the receipt of income at the end of the tax reporting period until the next year. For example, if a customer owes you a significant sum at the end of the year you can request that he make payment in January rather than December. The income will not be reported on your current year’s tax return. You have effectively and legally delayed paying the tax on that income for one year. Conversely, you can accelerate deductions by purchasing and paying for items that your need for your business before the year ends. Call Lenny to discuss the best method to use for your business.


PO Box 30
1 Lenape Drive
Roseland, NJ 07068
201-407-7123


 



 
 Lenny Dinnerstein, CPA

PO Box 30 - 1 Lenape Drive, Roseland, NJ 07068

201-407-7123

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