Although we are experienced in many areas, we operate with a special focus on four important industries: professional services, restaurants, real estate and manufacturing

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Restaurants

Katz Cassidy is one of a few Los Angeles based accounting firms with a robust and dedicated restaurant practice. We have many clients across the country, including franchisors, franchisees, and independently owned operators. In addition to tax and assurance services, we also assist clients with accounting, repair and maintenance studies, analyses of LLC income allocations, and review of operating cash distribution waterfalls, which is vital in ensuring investors receive the returns to which they are entitled.

We completely understand restaurateurs have a passion for their art, but not as much for the day-to-day financial tracking. Our passion lies in making sure the financial statements are complete and accurate, and helping owners actually make sense out of something they ordinarily would find overwhelming.

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Real Estate

Real estate has long provided investors with steady wealth accumulation while offering exceptional tax savings and deferral benefits. The tax law is very intricate and there are many rules and regulations written specifically for real estate investors, affording them significant tax savings unlike many other industries. At Katz Cassidy, our team has years of experience helping developers, investors and syndicators understand the income tax aspects and benefits of their business, and enhancing the value of their real estate holdings.

Our Real Estate Accounting Team provides back office accounting support that is often needed when timely reporting to investors is critical. From assurance services to calculating cash distribution waterfalls, we partner with our clients to remove the tediousness associated with keeping the books. Our Real Estate Tax Team ensures clients receive the maximum tax benefits provided by the law including cost segregation studies, §1031 tax-deferred exchanges, application of the new repair regulations, and efficiently passing real estate to the next generation.

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Manufacturing

Closely held, middle-market manufactures and distributors, whether family or investor-owned, have unique needs. For a company to build on its growth and accomplishments, it needs partners that know their business. Katz Cassidy’s team of manufacturing and distribution experts has been making a difference in the financial growth of our client base for over half a century. Our clients include small, Los Angeles based businesses as well as large enterprises with multiple locations in the U.S. and internationally. We understand the unique challenges in manufacturing and distribution and help our clients remain competitive by increasing margins, controlling costs and improving operational efficiency.

In addition to accounting assistance, we consider ourselves a committed business partner offering valued-added services that will improve cash flow and reduce taxes. If you recently invested in a new facility, we can help maximize the depreciation deductions by performing a cost segregation study. If you have robust international sales, we can explore ways to permanently reduce your effective tax rate with tax laws specifically favoring such companies.

We can assist you with:

  • Cycle counting implementation
  • Research and development credit studies
  • Employee benefits consulting
  • Inventory costing and analysis
  • Multi-state tax compliance
  • Merger and acquisition planning
 
And we have experience with:
  • Plastics manufacturers
  • Food processing companies
  • Electronic components distributors
  • Furniture manufacturers
  • Injection molding
  • Aerospace part fabrication
  • Packaging products
  • Semiconductor equipment manufacturers
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Additional Industries We Serve

ARCHITECTURE

CONSTRUCTION

RETAIL

INDEPENDENT REGISTERED
INVESTMENT ADVISORS

FARMING/AGRIBUSINESS

LAW FIRMS

DISTRIBUTION

ENTERTAINMENT
(film, music and television)

MEDICAL AND DENTAL

NOT-FOR-PROFIT-ORGANIZATIONS

PROFESSIONAL SERVICE FIRMS

 

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