Industries We Serve
At Otrando Porcaro & Associates, Ltd., we pride ourselves on our ability to serve a diverse range of industries. While the following list highlights some of our most common areas of expertise, we are equipped to provide exceptional service to clients in all industries.
Real Estate
We offer specialized accounting and consulting services for the real estate industry, helping clients navigate the complexities of property transactions, tax planning, and financial management. Whether you rent properties, flip homes, or engage in other real estate specialties, our team can assist you. We also have specialized knowledge in 1031 transactions, ensuring you maximize the benefits of your real estate investments while maintaining full tax compliance. Additionally, our business advisory services can help you make informed decisions and optimize your real estate portfolio.
Construction
Our team understands the unique challenges faced by the construction industry, providing tailored solutions for project accounting, cost management, and financial reporting. We ensure your business meets all regulatory requirements and optimizes its tax position through comprehensive tax compliance services. Our advisory capabilities also support strategic planning and operational efficiency, helping your construction projects succeed.
Cannabis
With the rapidly evolving landscape of the cannabis industry, we provide expert guidance on regulatory compliance, tax planning, and financial strategy to help your business thrive. Our deep understanding of Section 280E of the tax code ensures that you navigate the complex tax regulations specific to the cannabis industry effectively. Beyond tax compliance, our advisory services can assist with business planning, financial management, and growth strategies.
Medical
We offer specialized services for medical professionals, including tax planning, practice management, and financial consulting, to help you focus on providing excellent patient care. Our services ensure that your practice adheres to all tax regulations, maintaining compliance and optimizing your financial health. We also provide business advisory services to enhance your practice’s efficiency and profitability.
Restaurant
We support restaurant owners with comprehensive services, including bookkeeping, tax planning, and financial analysis, to ensure smooth operations and profitability. Our focus on tax compliance helps you manage your tax obligations efficiently, allowing you to concentrate on running your business. Additionally, our advisory services can help you with financial planning, cost control, and strategic growth.
Non-Profit
Our firm is dedicated to assisting non-profit organizations with their accounting and financial needs, ensuring compliance with regulations and helping them achieve their mission. We provide essential tax compliance services to ensure your organization meets all IRS requirements and operates smoothly. Our advisory services can also support grant management, financial planning, and strategic development.
Professional Services
We provide tailored accounting and consulting services for various professional service providers, including lawyers, IT consultants, and other professionals. Our emphasis on tax compliance helps you navigate the complexities of tax laws relevant to your profession, ensuring your business remains compliant and financially sound. Our business advisory services can assist with financial planning, operational efficiency, and strategic growth.