Long Island City, NY 11101
718-707-0955 / E-mail

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Our Clients' Success is Our Success

SAVIGNANO accountants & advisors ensures you will receive the most helpful and accurate services in Long Island, New York. We value our clients and provide exceptional customer service. Our value is found in the success of our clients. Here is a sampling:

Success Stories

  • Negotiating Business Loans

    Negotiating Business Loans

    For a global manufacturer of custom bag solutions, SAVIGNANO accountants & advisors developed strategies and negotiated with Citibank and attorneys. We secured a favorable reduction and settlement of an outstanding business loan with the bank that was in excess of $1 million, for $300,000.
  • Sales Tax Audit

    Sales Audit Assistance

    We negotiated and settled a long-standing New York, sales tax audit for a three year period for a popular and well-known Arthur Avenue Pizzeria. This process was settled with no reliable supporting documents, for less than $25,000, and no criminal charges.
  • Out Standing Income Tax

    Outstanding Income Taxes

    Our team developed a game plan and settled outstanding IRS proposed income tax audit adjustments in excess of $500,000 for less than $200,000 for a top-rated New York City, Mexican restaurant chain. We subsequently negotiated a favorable Offer in Compromise with the IRS for less than $100,000.
  • Business Expansion Services

    Business Expansion Services

    SAVIGNANO accountants & advisors explored New York, tax-free zones for business expansion and operating 100% tax free for a builder of drones in Long Island City. We were able to secure no business, corporate, state or local taxes, sales and property taxes, or franchise taxes for ten years.
  • Payroll Tax Assistance

    Payroll Tax Assistance

    For a Westchester-based alarm monitoring and security services company, our team worked to combat a class action suite for payroll tax misclassification issues relating to wages versus reimbursed expenses. We investigated various employee records, and behaviors, reducing original claims in excess of $1 million to under $200,000.
  • Ownership Structure Development

    Ownership Structure Development

    Our team reviewed the ownership structure of various properties and developed new structures for a real estate investor based in Long Island City. We reduced their income taxes in excess of $50,000 annually, and avoided substantial risk of loss from potential law suits.
  • Tax Penalty Elimination

    Tax Penalty Elimination

    For a large Westchester construction contractor, we prepared financial records and outstanding business income tax returns to eliminate proposed taxes, interest, and penalties in excess of $1 million for noncompliance. Our staff helped them achieve good standing with federal and state taxing authorities going forward.
  • Estate Plan Development

    Estate Plan Development

    SAVIGNANO accountants & advisors developed an estate plan for a client owning a specialty gear manufacturing operation in Westchester. We started with taking inventory of assets and creating various trusts and other vehicles offering protection of assets and saving federal and New York, estate taxes in excess of $2 million.
  • Retirement Plan Implementation

    Retirement Plan Implementation

    For a Yonkers electrical contracting company, our staff reduced their annual income taxes by $75,000 by selecting and implementing the right retirement plans for the owners and employees. We also added financial security for retirement and further obtained tax credits reducing overall costs for starting plans.

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