Business Details
Trusted Accounting and Financial Services in Newton, NJ
Murphy & Company & Company has been delivering personalized financial guidance to individuals and businesses for decades. Our expertise spans tax management, accounting services, audits, financial statements, and strategic planning. Recognized as a leading firm in the region, we combine deep industry knowledge with a team-oriented approach to ensure every client receives tailored analysis and attention. Our commitment to excellence is reflected in our seasoned tax professionals, adherence to high standards, and a loyal client base that returns year after year.We prioritize open communication to understand client needs, offering research-driven solutions that address both present challenges and future goals. Our mission focuses on maintaining financial viability while proactively pursuing long-term objectives, supported by our reputation for reliability and professionalism in the local business community.
Services
Tax Management
Accounting Services
Audits
Estate Planning
QuickBooks Support
Bookkeeping
IRS Representation
Payroll Services
Financial Projections
Entity Restructuring
Highlights and features
- We offer decades of experience in accounting and tax services for individuals and businesses.
- Our team includes Certified Public Accountants (CPAs) and Chartered Global Management Accountants (CGMAs).
- We provide personalized financial strategies aligned with evolving tax laws and client goals.
- Our secure client portal streamlines document sharing and tax return retrieval.
- We serve Newton and West Milford communities with localized financial expertise.
Services
Tax Management
Our tax management services optimize financial opportunities through strategic planning and compliance. We minimize liabilities, maximize cash flow, and ensure adherence to federal and state tax laws. Clients benefit from tailored advice on receipts, bills, and notices while aligning tax strategies with long-term financial goals.
Audits
We conduct comprehensive audits to verify financial accuracy and regulatory compliance. Our team performs in-depth examinations of account balances and transactions, ensuring data reliability for stakeholders. This service provides the highest level of assurance for businesses seeking third-party validation of their financial health.
Estate Planning
Our estate and trust planning solutions facilitate smooth asset transfers while minimizing tax burdens. We help individuals and businesses navigate complex tax laws to create legally sound plans that honor wishes and protect beneficiaries during succession or inheritance processes.
QuickBooks Support
We offer end-to-end QuickBooks assistance, including setup, training, and optimization. Our experts ensure proper implementation for accurate financial reporting, while ongoing support and reviews help businesses maintain reliable, real-time financial data for informed decision-making.
Financial Projections
We develop detailed financial projections to guide business planning and risk management. By analyzing market trends and historical data, we create models that help clients anticipate challenges, allocate resources efficiently, and align spending with strategic growth objectives.
People
Michael D. Murphy
Owner
CPA and CGMA with over 13 years as controller/CFO in private industry. Member of AICPA, NJCPA, and Association of Certified Fraud Examiners. Active in community finance roles.
Dianne Reynics
CPA
Accounting professional since 1999 with Montclair State University degree. Active member of AICPA and NJCPA, specializing in tax and accounting services for local clients.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll, financial reporting, entity selection, and tax planning services tailored to small business needs.
How can you help with IRS audit representation?
Our CPAs offer professional IRS representation during audits, leveraging tax law expertise to address inquiries and resolve compliance issues.
Do you support QuickBooks users?
Yes, we offer QuickBooks setup, training, troubleshooting, and monthly reviews to ensure accurate financial tracking.
What estate planning services are available?
We assist with trust creation, asset transfer strategies, and minimizing estate tax liabilities through customized plans.
How do I access secure document sharing?
Clients use our online portal for secure tax document uploads and return retrieval. Contact us for portal access setup.