What We Do

Ruotolo Spewak & Co. (RSCO) has been providing clients with full service tax, accounting and auditing services for more than two decades. We provide services from reporting of financial statements to tax preparation and planning.

Business Services

Tax Preparation – Preparation of annual tax forms required for federal, state and other locality purposes.
Tax Business Planning – Review of current year’s activities and determination of potential tax saving strategies.
Business Consulting – Discussion of current and future plans for business owners including business growth and succession planning.
Bookkeeping Review – Review of accounting system, recommendations for improvements and evaluation of software used.

Individual Services

Tax Preparation – Preparation of annual tax forms required for federal, state and other locality purposes.
Tax Planning – Review of current year’s activity and determination of potential tax saving strategies.
Tax Withholding Review – Review of current payroll withholding and estimated tax payments and recommendations for adjustments.
IRS Representation – Assistance with IRS and state tax notices including evaluation of imposed penalties and solutions for decreasing or eliminating penalties and interest.

Non-Profit Services

Audits – An in depth verification of the financials including analytical procedures, tests of individual account balances and confirmation procedures.
Reviews – An analysis of the financials mainly done through analytical procedures. A review evaluates the financials for reasonableness including investigation of any abnormal variances.
Compilation – A presentation of the internal financial statements in conformity with generally accepted accounting principles.
Agreed Upon Procedures – An investigation of any account or accounts as agreed upon with the board of directors and management.
Tax Preparation – Preparation of annual tax forms as required for state and federal purposes
Consulting Services – Additional services including assistance with budgets and future planning, educational programs, accounting software training, internal control guidance, etc.

Homeowners Association Services

Audits – An in depth verification of the financials including analytical procedures, tests of individual account balances and confirmation procedures.
Reviews – An analysis of the financials mainly done through analytical procedures. A review evaluates the financials for reasonableness including investigation of any abnormal variances.
Compilation – A presentation of the internal financial statements in conformity with generally accepted accounting principles.
Agreed Upon Procedures – An investigation of any account or accounts as agreed upon with the board of directors and management.
Tax Preparation – Preparation of annual tax forms as required for state and federal purposes
Consulting Services – Additional services including assistance with budgets and future planning, educational programs, accounting software training, internal control guidance, etc.
Transition Audits – A detailed test of the activity and relationship with the developer from inception up until the community is ready to transition from developer control to board control.