Business Details
27 Years
experience
Trusted Accounting Services in Warwick, RI
Founded in 1999, DiGennaro & Palumbo is a full-service CPA firm dedicated to serving individuals, small businesses, and corporations. Our team combines the expertise of a large firm with the personalized attention of a small practice, offering tailored solutions for tax, accounting, and advisory needs. With over 40 years of professional experience, we specialize in financial reporting, corporate tax consulting, and business advisory services.Our staff maintains rigorous professional development through annual seminars and certifications, including IRS Enrolled Agent qualifications. We prioritize timely, accurate service while leveraging external specialists for niche requirements like business valuations. Our commitment to community extends to pro bono work with nonprofit organizations, reflecting our dedication to both professional excellence and social responsibility.
Services
Tax Preparation
Business Advisory
Financial Planning
QuickBooks Support
Estate Planning
Litigation Support
Bookkeeping Services
IRS Representation
Employee Benefits
Mergers & Acquisitions
Details
- Year established: 1999
Highlights and features
- Experienced CPAs with over 40 years of combined industry expertise
- IRS Enrolled Agent on staff for tax authority representation
- Hands-on approach combining large-firm knowledge with small-firm attention
- Specialized in business insolvency, shareholder disputes, and loan negotiations
- Active community involvement with nonprofit board participation
What people say
Leading firms
Personal attention
Professional
Quality service
Responsive
Services
Tax Preparation
Comprehensive tax preparation for individuals and businesses, ensuring compliance with federal and state regulations. Our CPAs identify all eligible deductions and credits while maintaining accurate records. We specialize in complex returns for high-net-worth individuals and corporations navigating evolving tax laws.
Business Advisory
Strategic guidance for business growth including entity selection, financial projections, and succession planning. We help clients optimize operations through cost analysis, technology implementation, and merger/acquisition strategies. Our advisory services focus on improving financial decision-making and long-term sustainability.
IRS Representation
Professional representation during IRS audits and state tax examinations. Our team with IRS Enrolled Agent expertise communicates directly with tax authorities to resolve disputes and collection issues. We ensure proper documentation and advocate for favorable outcomes in tax compliance matters.
QuickBooks Support
Full-cycle QuickBooks assistance including setup, training, and system optimization. We help businesses implement proper accounting procedures and generate accurate financial reports. Our support covers software installation, data migration, and customized workflow solutions for improved financial management.
Estate Planning
Tax-efficient estate and trust planning to preserve wealth across generations. We assist with wills, trusts, and beneficiary designations while minimizing estate tax liabilities. Our services ensure smooth business succession and personal asset distribution according to client wishes.
People
Richard V. DiGennaro
CPA, MST
40-year accounting veteran specializing in corporate tax consulting and financial reporting. Active member of AICPA and Rhode Island Society of CPAs. Provides strategic guidance for business owners while serving nonprofit boards through pro bono financial expertise.
Questions
What accounting services do you offer for small businesses?
We provide complete accounting solutions including bookkeeping, financial statement preparation, payroll processing, and cash flow management tailored to small business needs.
How can you help with IRS tax audits?
Our IRS Enrolled Agent offers full representation during audits, ensuring proper documentation submission and advocating for favorable resolutions to tax disputes.
Do you provide personal financial planning services?
Yes, we offer retirement planning, investment strategy analysis, and tax-efficient wealth management to help individuals achieve long-term financial goals.
What sets your firm apart from other accountants?
We combine large-firm technical expertise with personalized service, maintaining direct client relationships while offering competitive pricing.
How do you handle business succession planning?
We develop comprehensive succession strategies including entity restructuring, tax optimization, and ownership transition plans for smooth business continuity.
Reviews (1)
Michael Hicks
Jun 26, 2022
Report
I have used Digennaro & Palumbo since 2005. They are simply the best people in the accounting business. Do not hesitate, inquire. You will see the difference.
